kievanrusbazaar

kievanrusbazaar

First target hit from my previous 2 ideas. We hit the bottom of the rising wedge an broke through it. So this may as well have been a bearish rising wedge all along as suggested. What could've propped up this rally in crypto was equities earnings reports not being as bad as everyone thought it was going to be and crypto shows correlation to equities. Macro...

kievanrusbazaar

See my chart from a few days ago below. Bitcoin needs to make a decision soon as we've been in this channel for quite a while. It looked as though we were bouncing off the center of the channel heading back up to the top of the channel but ended up moving sideways. More likelihood we head back down to test the bottom of the channel again and this time perhaps...

kievanrusbazaar

Continuation of my idea from yesterday where I called the top of the rising channel. A small bounce up from the center of the channel is possible like we did last time, perhaps up to 24k before treading back down. Still overall bearish and expecting to break the channel maybe within a week or so to the downside. I think people have not fully appreciated the...

kievanrusbazaar

We're in a rising channel and have been for some time. It looks like everytime we touch or approach the top of the channel, we bounce down off it for about 7 days, hit the bottom of the channel and then in about 5-6 days reach the top of the channel again and repeat. Eventually this channel breaks to the downside or upside as they always do. Scenario 1...

kievanrusbazaar Updated 

Looking a bit like a hunchback head and shoulders pattern. Short term target of 21.7k per BTC next couple days before potentially crashing back down to 18k again. Macro still unchanged. Eventually it will turn bullish. Maybe Putin passes or agrees to a peace agreement. Maybe FED signals the slowing of QT. Some say we're already in a recession or will enter only...

kievanrusbazaar Updated 

I'm leaning towards up. Looks like we may break our triangle to the upside. AO flipped bullish on the daily. Aurox Buy Sell indicator flashed buy on the weekly, lets see if that holds. The last 6 times it flashed buy, 5 of those would have been successful trades.

kievanrusbazaar Updated 

AO is a pretty good indicator on TV that works well a lot of times. Above is just one example of how accurate the indicator can be. See my previous idea below. This idea further expands on my re-accumulation idea from weeks ago and the above is just one of the bullish indications showing that it may be playing out. According to the indicator, we could very...

kievanrusbazaar

TV's Awesome Oscillator looks like it's been working pretty well lately so if it's right this time, we may be in for a treat =) Doesn't mean we'll be out of a bear market, but after 7 consecutive weekly candle declines, we're due for a corrective move up before potentially going back down again. Not financial advice, DYOR.

kievanrusbazaar

This was a Wychoff accumulation phase 1 year in the making. My original ideas for this 2 weeks ago are somewhat playing out, see links below. Not financial advise, DYOR.

kievanrusbazaar

7 weekly red candles and everyone calling a bear market. I know the free money propping up equities and crypto was unprecedented but just like the buying eventually stopped, so will the selling. Chart is my wychoff accumulation idea from a few days ago (link below) and you can see we're following it so far. A relief rally should happen next few days and then a...

kievanrusbazaar

Just zooming into my proposed Wychoff Accumulation chart from yesterday (see link below). Looks like we tested my spring target of about 25k and bounced nicely and could move to $34k by May 16. As equities close weekends, maybe that will help us reach our target until equities open Monday and maybe resume dumping bringing crypto down again with it....

kievanrusbazaar

Ok, so Phase B may look a little out of whack but would you describe the last year as anything BUT conventional??? You think the old patterns will repeat EXACTLY the same? The amount of wealth redistributed to the elites was unprecedented and amplified. Money printing further drove up equities and crypto. That's why my Phase B looks like it does, ok? See my...

kievanrusbazaar

The Bitfinex whale den, as it's known. Unless the whales swam away into deeper waters, why is it that there are less shorts than there were at the last major drop in the price of Bitcoin in July 2021?? I mean, look at the chart. The number of shorts opened is miniscule unless there are plenty more coming. Or... Whales and market movers are not confident in a...

kievanrusbazaar

...literally everywhere. The market doesn't usually crash further when everyone is bleeding and screaming. The market gives you morphine and patches up your wound so that you fomo back in. The market will eventually go into full on bear market mode but when it does, no one, especially the newbies right now will be dumping their crypto so hard. April experienced a...

kievanrusbazaar

Here we go, every idea right now on TV is bearish while yesterday they were all bullish =) Although we can definitely see more drops, after such a large sell off in crypto and equities there's usually a relief rally so I'm playing that for the short term. Perhaps we'll retest the top of the descending wedge pattern by tomorrow at about $37,500 - $37,700. Then...

kievanrusbazaar Updated 

Very recent breakout had decreasing volume as it's been bought up, looks apparent on the 30 minute and lower timeframes.

kievanrusbazaar

Looks like my previous idea played out...finally. We bounced off 2800 and now look like we're going up again. But we could still bounce within a range. Looks like an inverse head and shoulder on the hourly. Weekly still looks bearish from yesterday's previous close. Not financial advice, I'm not an accredited financial advisor.

kievanrusbazaar

ETH bear flag can still possibly bring it back down to 2800 or lower. This recent rally may possibly be a relief rally. TA plus internal and external factors such as the war in Ukraine have a lot of potential to move all markets down in the short term. Putin is being uniquely creative every week in the way he's hacking away at Ukraine as he gets more desperate...