The big Sunday report, all you need to know:
In last weeks Sunday report we spoke about the strong possibility of a fake pump that will most likely take place, indeed BTC fake pumped towards the liquidity pool in the mentioned region of $28,000 and went down to neutral level, exactly as predicted. Those who listened and joined the short are Indeed, in big profits already. The market will keep tricking you with these news, till you become exhausted and give up, thats the moment when the ETF will be approved and the mother of all bull markets is about to happen in mid 2024. Indeed, only few have a complete big overview on what is going to happen in the next few months.
🚩 TA/ LCA/ Psychological Analysis: For now Iam expecting a sideway consolidation till next week, its a very calm week with less volume and less data release. Key levels Iam watching are two liquidity pools at the region of $28.500 that are perfectly matching with MA50 Daily and MA100 daily and a liquidity pool in the region of $25.200 that can be used as fast long scalp with fast taking profit, no reason to hold the long from $25.200 for a longer time due to very bearish market situation. Remember that taking a quick long from $25.200 doesnt make me close my shorts from 31k region, please educate yourself and learn the meaning of fast scalps, and the difference to swing shorts. To make it clear, $28.500 is a clear short signal for the mid time frame, while $25.200 is a long signal for the very short time frame. Last week I gave you $28.000 as clear short signal, and four weeks ago you got $30.500 as clear short signal. Indeed, those who listen will end up with profits.
Remember that September is historically the worst month for stocks and Bitcoin. Thinking that this time is different will bring you in a lot of trouble. The chart itself, the liquidity, the psychology and the BTC cycle are all pointing out in the lower direciton. I dont want to see my followers being fooled by some other accounts that were promising a new bull market after BlackRock announced an ETF. The reality is, we are far away from a bull market.
Summary: Thinking about a sideway movement till next week. Real volatility starts in next week due to CPI and PPI data. Remember that September is the mother of all bearish months, something I would not ignore.
Congratulation for those that are still holding their shorts from 31k region. Holding !
In last weeks Sunday report we spoke about the strong possibility of a fake pump that will most likely take place, indeed BTC fake pumped towards the liquidity pool in the mentioned region of $28,000 and went down to neutral level, exactly as predicted. Those who listened and joined the short are Indeed, in big profits already. The market will keep tricking you with these news, till you become exhausted and give up, thats the moment when the ETF will be approved and the mother of all bull markets is about to happen in mid 2024. Indeed, only few have a complete big overview on what is going to happen in the next few months.
🚩 TA/ LCA/ Psychological Analysis: For now Iam expecting a sideway consolidation till next week, its a very calm week with less volume and less data release. Key levels Iam watching are two liquidity pools at the region of $28.500 that are perfectly matching with MA50 Daily and MA100 daily and a liquidity pool in the region of $25.200 that can be used as fast long scalp with fast taking profit, no reason to hold the long from $25.200 for a longer time due to very bearish market situation. Remember that taking a quick long from $25.200 doesnt make me close my shorts from 31k region, please educate yourself and learn the meaning of fast scalps, and the difference to swing shorts. To make it clear, $28.500 is a clear short signal for the mid time frame, while $25.200 is a long signal for the very short time frame. Last week I gave you $28.000 as clear short signal, and four weeks ago you got $30.500 as clear short signal. Indeed, those who listen will end up with profits.
Remember that September is historically the worst month for stocks and Bitcoin. Thinking that this time is different will bring you in a lot of trouble. The chart itself, the liquidity, the psychology and the BTC cycle are all pointing out in the lower direciton. I dont want to see my followers being fooled by some other accounts that were promising a new bull market after BlackRock announced an ETF. The reality is, we are far away from a bull market.
Summary: Thinking about a sideway movement till next week. Real volatility starts in next week due to CPI and PPI data. Remember that September is the mother of all bearish months, something I would not ignore.
Congratulation for those that are still holding their shorts from 31k region. Holding !
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands