I know many of you are waiting for me to drop the new traffic light chart - and it's going to take a bit longer. For now though; this is what my plan to scale back into the market looks like. Two areas of interest based on price; and watching the RSI for signs that the market
2
When $BTC's weekly RSI makes a higher low again, it's time to pay attention. Doesn't matter if BTC makes a higher low, equal low, or lower low. When RSI starts moving higher again, the bottom is very close - or already in. Patiently waiting for the signal to flash again. 🚨
$BTC
+1.02%
2
Tinfoil hat senses tingling about the shit they're going to push to 'combat the energy crisis' like its March 2020
2
When $BTC's weekly RSI makes a higher low again, it's time to pay attention. Doesn't matter if BTC makes a higher low, equal low, or lower low. When RSI starts moving higher again, the bottom is very close - or already in. Patiently waiting for the signal to flash again. 🚨
$BTC
+1.02%
4
Both $BTC and $ES still moving as expected, slowly moving lower towards my areas of interest. Current exposure & plans to add more detailed in the chart. Signing off for the week, see you guys on Monday. Happy weekend!
$BTC
+1.02%
$ES
+5.19%
4
Previous bear markets all lasted around a year. $BTC topped just 23 weeks ago, and looks like this. I'm not in a rush to buy back in.
$BTC
+1.02%
6
Both $BTC and $ES still moving as expected, slowly moving lower towards my areas of interest. Current exposure & plans to add more detailed in the chart. Signing off for the week, see you guys on Monday. Happy weekend!
$BTC
+1.02%
$ES
+5.19%
6
I know many of you are waiting for me to drop the new traffic light chart - and it's going to take a bit longer. For now though; this is what my plan to scale back into the market looks like. Two areas of interest based on price; and watching the RSI for signs that the market
2
This is great. @FLOKI's new minibot will be great to have running around malls, crypto conferences and anything in between - to tell more people about $FLOKI. In my experience, people flock to talking robots - so this one will be sure to grab attention 👀
$FLOKI
-0.44%
$RICE
+0.85%
2
When $BTC's weekly RSI makes a higher low again, it's time to pay attention. Doesn't matter if BTC makes a higher low, equal low, or lower low. When RSI starts moving higher again, the bottom is very close - or already in. Patiently waiting for the signal to flash again. 🚨
$BTC
+1.02%
6
Liquidity continues to drive the market. Unless $BTC can defend this local range high - I think it's a matter of time before we take out some of that liquidity in the low sixties.
$BTC
+1.02%
6
Climbing from zero to the third-largest lending and borrowing market on AAVE in just over a month says a lot. $MNT has clearly been a great addition to the aave ecosystem - expecting that market size to only grow once the market gets its moyo back. One to watch 👀
$MNT
-0.34%
2
When $BTC's weekly RSI makes a higher low again, it's time to pay attention. Doesn't matter if BTC makes a higher low, equal low, or lower low. When RSI starts moving higher again, the bottom is very close - or already in. Patiently waiting for the signal to flash again. 🚨
$BTC
+1.02%
4
Pressure washing the patio gotta be one of the most satisfying jobs in spring That shit was greener than Shrek himself
2
I know many of you are waiting for me to drop the new traffic light chart - and it's going to take a bit longer. For now though; this is what my plan to scale back into the market looks like. Two areas of interest based on price; and watching the RSI for signs that the market
0
When $BTC's weekly RSI makes a higher low again, it's time to pay attention. Doesn't matter if BTC makes a higher low, equal low, or lower low. When RSI starts moving higher again, the bottom is very close - or already in. Patiently waiting for the signal to flash again. 🚨
$BTC
+1.02%
2
Previous bear markets all lasted around a year. $BTC topped just 23 weeks ago, and looks like this. I'm not in a rush to buy back in.
$BTC
+1.02%
2
$BTC is coming back to retest the $70k area from below. Decision time - fail to reclaim it here and bears are back in control of the market. Liquidity to the downside; waiting eagerly to be taken out.
$BTC
+1.02%
2
Just like farmers use the winter to plan for the new season, I'm using the crypto winter to prepare for the next bull. Slowly accumulating coins on the cheap, resting from the wear of the bull, and waiting patiently. Harvest season will come again. Patience.
0
Bear market reaccumulation is about balancing between managing risk and getting the best possible entry. Over the years, I've learned that waiting often pays off well. Either you get an even better entry, or you get the confirmation that the bear is over, you buy the next
0
In typical bear market fashion, $BTC's SOPR is flashing red for quite some time. This means more coins are moving at a loss than at a profit. The big spikes down generally mark a bottom. Paying close attention to this metric 👀
$BTC
+1.02%
0
Powell couldn't save the markets. Deviation locked in. $BTC
$BTC
+1.02%
0
Bear markets take their time to unfold. Looks like this time will be no different; high-timeframe support is being turned into resistance. $BTC
$BTC
+1.02%
0
Uncertainty from the Middle East is starting to hit tradfi markets, with metals and stocks selling off. When panic starts hitting those markets, that's when I'll be looking to buy more. Shame the entire world needs to be up in flames for that to happen - but it is what it is.
0
Global energy crisis unfolding in front of us, but the Dutch government stands by its decision to fil the Groningen gas fields (with over 500 billion cubic meters of Natural Gas still in there) with concrete Might be because they tax energy, so high prices mean high revenues.
12
Rejecting from the weekly resistance cluster as expected. Patiently waiting for the market to give me the entries I want, or to be proven wrong. Both outcomes are fine by me. 👍🏼 $BTC
$BTC
+1.02%
2
The previous FOMC events all triggered sizable selloffs for $BTC, and it looks like this time is no different. 👀
$BTC
+1.02%
2
Less than a day later, and $BTC has locked in the deviation above the highs - just like it did in January. Hold current area, and bulls can hope for a swift reclaim. Lose that area too, and the downside liquidity will start pulling price down further. We'll know soon enough.
$BTC
+1.02%
0
$BTC still moves according to the plan. Longer relief bounce than expected, but in the grand scheme of things - it changes nothing. Happily buy a higher low if I'm proven wrong, but until then; patiently waiting for lower prices.
$BTC
+1.02%
2
Powell better bring the most bullish press conference in the history of FOMC tonight, or $BTC bulls are in for another round of pain soon.
$BTC
+1.02%
2
I know many of you are waiting for me to drop the new traffic light chart - and it's going to take a bit longer. For now though; this is what my plan to scale back into the market looks like. Two areas of interest based on price; and watching the RSI for signs that the market
0
Powell better bring the most bullish press conference in the history of FOMC tonight, or $BTC bulls are in for another round of pain soon.
$BTC
+1.02%
2
I know many of you are waiting for me to drop the new traffic light chart - and it's going to take a bit longer. For now though; this is what my plan to scale back into the market looks like. Two areas of interest based on price; and watching the RSI for signs that the market is bottoming earlier than I thought. DCA starts either in those boxes, or when $BTC locks in a strong higher low on the RSI - whichever comes first. Rest of the setup will come once the time is right. Patience!
$BTC
+1.02%
0
$BTC still moves according to the plan. Longer relief bounce than expected, but in the grand scheme of things - it changes nothing. Happily buy a higher low if I'm proven wrong, but until then; patiently waiting for lower prices.
$BTC
+1.02%
0
Do or die for the $BTC bulls. Confirm this area as support and the case for further relief becomes stronger. Back below the grey box; and the bears are back in the drivers' seat completely.
$BTC
+1.02%
0
Good morning everyone - it's FOMC day today, with Powell taking the stage in roughly 9 hours. The past few FOMC Pressers triggered sizable sell-offs. Will this time be different? $BTC
2
We got the dead cat bounce, and we moved back down. $SILVER continues to follow the 2017 $BTC blow-off top PA very closely. Fractals never play out exactly the same, but you'd be surprised by how close price can mimic them. Slow bleed into $70 next?
$SILVER
-17.84%
$BTC
+1.02%
2
Stock market $ES lost the local support and turned it into resistance. Slowly but surely rolling over. I continue monthly DCA, with a big chunk of capital waiting to load up between 10-20% off from ATHs. Opportunity awaits.
$ES
+5.19%
2
New day, same story. High-timeframe resistance, acting as such. Patience is the name of my game. $BTC
$BTC
+1.02%
2
Powell better bring the most bullish press conference in the history of FOMC tonight, or $BTC bulls are in for another round of pain soon.
$BTC
+1.02%
2