This diagonal trendline which I keep bringing up and I keep talking about how important it is. As long as we stay above this diagonal trendline it is highly probable we move all the way to about $38,000 for #bitcoin
There could be some pain coming but I like how the 50SMA is crossing the other SMAs...that's front-running golden crosses. Still waiting for a big move on the 3Day chart. I am expecting a pump up to the 200SMA (yellow moving average).
The Pi cycle is how I have often called the top and bottom for bitcoin. If you take a close look at the Pi cycle rainbow you'd see we buy in the green and sell in the red. The indicator shows a high chance that the bottom is in for #bitcoin
I charted the double bottom on #arbitrum and posted to my trading group. ARB hit 1.74 my exact target going to the moon in price discovery, just a wick to the left side, we call this PRICE DISCOVERY!
On my Livestream, I found only three regular bullish divergences on the TOTAL all-time index since 2015. Each one called the bottom, and I called the bottom for TOTAL four months ago. Do you agree that $16K is the bottom for #BTC ?
Looking at the bigger ideas, still sticking to the idea that we are in this diagonal trend. As long as we stay above it, we can get a move to the upside. But if we lose it, we could bearishly retest it and drop pretty fast
Usually when price breaks back inside a falling wedge, price breaks down horribly. Does that mean the #dollar is going to dump to 88? Look what I see also, Head and Shoulder with a measured move all the way to 89
#bitcoin dominance is interesting. Price action on the daily timeframe is still in a flag to the upside. Though we are at a resistance point, could we get a little bit of a relief rally this weekend?? There is a chance!
That's a bearish engulfing on the 3Day and its just getting started, conveys we likely get a drop. Can the daily propel us out of this? No guarantees but we either hold the trendline or break down and bearishly retest and head for 25K
$XRP : clean S/R levels and strong move in the short term (FA reasons). Still don't feel this is a clean break yet but just eyeing it. #Ripple #NotaFinancialadvice