ceesounds

ceesounds

Has this rally been the "complacency" rally? Jim Cramer recently tweeted how much BILLIONARES should be kicking themselves for not being part of this monster rally. Is this just a giant lower high/bull trap and are we already rolling over into the Great Depression 2.0 or ughem, a Great Rest?

ceesounds

The Dow Jones Industrial average was the most important index in the 1920's as the nation industrialized. Today the spotlight is more on the S&P. The similarities between both bubbles is striking, both visually and from a TA standpoint. Although we have seen more violent pullbacks due to excess leverage and world events, the paths are nearly identical. The S&P has...

ceesounds Updated 

BTC is going much lower. We have a descending triangle in the short term but take a look at my other work and see why BTC is going to tap out levels.

ceesounds

It appears 10 yr yields have peaked which should be great for equities. Interestingly when you flip the S&P 500 you pretty much get the yield curve. We have seen clear inverse correlation. Oil and Nat gas also looked like they topped so I suspect peak inflation has been reached for a while and the fed may begin to pivot and either hike much less (25 bps), stop...

ceesounds Updated 

A misconception I hear a lot is BTC sees a smaller % pull down after each bull run as the market matures. When looking at the 3 day line chart that is not the case. We actually see greater drawdowns. BTC has had a macro double top this bull run and has some heavy bearish divergence on the RSI. I mean HEAVY. Will be painfully obvious in hindsight. Besides that we...

ceesounds Updated 

Let me start off by saying I am not short. I am not a BTC hater. I do not wish for this market to fail. But I must be a realist who must do a stoic analysis to become the most profitable investor I can be. If you haven't looked yet, please take a look at my linked idea "The bear is back with a vengeance". I am long term bull for BTC and because I believe BTC...

ceesounds Updated 

BTC has made it's decision to test the lows. We will see fear and panic in the market. The fake Russian invasion into Ukraine plus the FED emergency meeting on Monday is more than enough to do this in the coming days. The hot inflation numbers caused an initial dump in btc and then a suprisingly fast, spring like recovery that soon after faded. That fade was...

ceesounds Updated 

Crypto is like a mechanical bull throwing you every which way to get you to sell and quit. I believe we have one more panic attack across crypto before we hop into the next bullish level of this game. I expect btc currently 43k, I expect it to come down under 40k and the alts to bleed a bit more. We will see panic and doom and gloom again and then the true...

ceesounds Updated 

Update to my earlier post which can be seen below , it appears bearish divergnece and about to break treadnline. We are in heavy resistance zone. I am still seeing sub 40k. between 34-37k maybe.

ceesounds Updated 

This yellow line has been very significant since 2017. For the most part, overtaking this yellow line leads to bullish action with exception to that fake out and capitulation we saw from the March 2020 Covid dump. In the green box we see where this line has acted like significant support and the red boxes display it acting as resistance. The last dump dumped us...

ceesounds

I came across this idea while looking at the 2019 spring/summer rally we got in btc. It was a mini bubble and had resemblance to previous btc cycles. In hindsight it should have been obvious but we all know what they say about hindsight. Trying to get ahead of the curve I began thinking how BTC will look when its all said and done and if we will end up having...

ceesounds Updated 

Which way it actually goes can be anyone's guess. I worry because a lot of good news has come out with little reaction from the price. Russia adopted crypto Blackrock wants Bitcoin El Salvador Bonds approved Are we just in small reaction rally from the lows and going to retest the lows or make a new low? Is this going to breakout to the upside?

ceesounds

I don't know if AMC will make a new high, although I think it will, still this is a nice trade as I believe it will retest the breakdown level and the 2015, 2017 high which is a nice 80% higher. Would set a stop at $17 range. GL friends. Please follow.

ceesounds

What are your thoughts? What is coming? Is the declaration of Covid being endemic going to give all these bubble markets the juice for massive blow off tops? Are we going to see hyperinflation similar to the Weimar Republic? Has our country's inflation shock not even begun? Are Globalists and the World Economic Forum setting us up for a crash? Is a cyber...

ceesounds

While everyone has been ultra bearish with the price action and a plethera of futures and grayscale gaps sit under us, this little fractal caught my eye. Are we at the bottom band of a consolidation range ready to spring up and test the highs? RSI is set up very similar with VERY similar volume markers. That 4 hr green hammer yesterday had plenty of volume behind...

ceesounds

I don't know what it is about gaps but I love them. I love to see gaps get filled, nothing gets me more excited. I have drawn lines through gaps within the white box (the rally since the covid crash). BTC is going to crumble and these gaps will all fill. That means we are seeing BTC sub $10K. I think it will bounce off this yellow trend line or wicks below it....

ceesounds

The market is completely disconnected from reality. Everyone can see that. We are seemingly about to "return to normal" post covid with most major cities ready to open back up. Even the most liberal cities like my own, Chicago, is finally going to allow its business owners to salvage what has been destroyed by their leaders policies. I fear this level of...

ceesounds

I haven't posted in a while because it is pointless. My English is bad but still I decided to post this. It's about to get real. 2000 Dot com bubble Weekly chart looks eerily similar to the our current position on the monthly chart. Nature likes making repeating shapes. I won't get into it, look it up. The writing is all over the wall right now. From the charts,...