Mronejr

Mronejr

After the 18100 support breakout now acting as a resistance, bitcoin has clearly rejected it with a very bearish pin bar indicating the selling pressure from the resistance. That came as a result of FTX bankruptcy and SBF's arrest, now with Binance FUD things are getting a lot crazy, the largest crypto exchange by volume is experiencing US media pressure causing...

Mronejr

Binance FUD is getting serious after the inconvenient CNBC appearance of CZ, removal of last audited files & the large amount of withdrawals last week. SBF's $250m bail & return to his parents after stealing over $10b seems like a joke, but his past financial aids and donations to election campaigns paid off! and guess what? they will even attack Binance as a...

Mronejr

Bitcoin testing the broken support 18k before FED interest raye decision. Economists expect 50bps hike despite November inflation declined 7.1% with the 4% interest rate. Following equities, SPY is testing a major resistance here and a short looks juicy for retail:

Mronejr

Following price cap on Russian oil, Opec+ is likely to cut oil supply for the second time. Technically, CL has broken above the downtrend resistance and now in a correction wave. Getting filled at $77 will give us the ideal RRR in this trade.

Mronejr

APTOS blockchain was a hot spot a month ago, now trading at $4 per APT. Technically, PA in this ascending triangle looks very bullish and a breakout of the pattern will result in +30% move towards $8 mark as first resistance.

Mronejr

After the negative CPI numbers for US dollar index, investors and retail have turned officially bullish on equities after inflation peaked, DXY dropped vertically and gave gains to stock market closing the week green. Now, price looks over sold and the formed pattern is very bullish ( ascending triangle), a breakout will drive price to 109.6 as a first target....

Mronejr Updated 

This breakout to the upside could send $BTC to $14000 or lower, technically this is a valid short setup. In terms of fundamentals, FTX's bankruptcy risk is putting pressure on crypto markets after Binance gave up on its intention to rescue the non US FTX. SBF has apologized in a recent tweet and said that it was his mistake! $8 billion is required to save him from...

Mronejr Updated 

After +18% because of stockmarket gains, volume is decreasing while PA is uptrending + a bearish divergence is lower TFs. Will $BTC extend gains next week?

Mronejr Updated 

$BTC broke below the uptrend that has been holding for so long. $SPY looks ready for a correction, back to 410: Nasdaq back to 13000:

Mronejr Updated 

XAUUSD market is down-trending since the it hits ATH at 2070 when Russia-Ukraine conflict escalated for the second time since 2014. In a bearish market, we only look for short setups otherwise we are just forcing trades. In this trade, we have multiple confluences: - Bearish market - DXY strength - Market already broke below the strongest support 1680 - Price...

Mronejr Updated 

Almost all Alts look the same, Bitcoin consolidation will not stay forever, this setup will be valid if we get a Bitcoin breakout to the upside and this can only happen when FED starts to cut interest rates after CPI decreases.

Mronejr Updated 

Right after being listed on CEXs, $APT price surged and retail didn't have a chance to get in, now looking at the PA it looks like the $8 is a good buy limit order with a SL just below the consolidation phase before that breakout, targeting $20 which a 150% move.

Mronejr

Most of Q3 stocks earning so far are green, maybe last positive earnings report if FED didn't cut interest rate, but food and energy crisis will drive prices higher and there will be no chance to decrease inflation other than rising interest rates to lower demand and so prices. At this point, DXY strength will continue and US equities will bleed especially in...

Mronejr Updated 

Clear breakout sends $ETH to at least $1400 after the merge, sorry merj. What's up Ethereum classic community?

Mronejr Updated 

I have been wating for $BLOK breakout for so long, now taking a long with a 1:5 RRR. 180% Targeting 0.011

Mronejr Updated 

$BTC dropped 8% last following Jerome Powell's hawkish messages at Jackson hole, stock market lost billions of dollars after the 8 minutes speech. Inflation is getting out of control if central banks don't move aggressively and Powell know that, this is why he sounded so hawkish : “We are moving our policy stance purposefully to a level that will be sufficiently...

Mronejr Updated 

Natural gas trading volume is huge and it has been a very volatile market, price has printed a new HH but now it looks like the uptrend is exhausted after forming this H&S pattern. After Nord stream's maintenance success, we expect $NG to retest $8 level.

Mronejr

$BTC broke below the pennant pattern and now in a retest phase, looking for ECB meeting to see how hawkish the interest rate will be. Prev: 0.5% Forecast: 1.25%