CryptoVallster

If we all sit back and take a deep breath. Let the Yoda charts tell truth must. What I see is not even 1 weekly candle body "close" above the all time high. Facts. Until this happens we haven't actually confirmed the ATH break out IMO. I lean more bullish given the uncertainty and ignorance. I do not give financial advice. Lets study the charts together and get better! Have a great one all, and be safe from the sharks and whales.

We are now entering triple top territory. Many many people will not expect an upcoming crash. Let’s get ready to chill out and focus on the facts that we are overbought As FU$#, but markets won’t stay on fire forever. I’ll be buying at lower prices when there is blood within the next 100 days. GL and make your own financial decisions.

None of this is financial advice. Just educational purposes. Looking here at the 5 day chart we can see some bearish divergence starting with the RSI. Since we are looking on a larger time frame we should not react right away with fear, but be cautious at these levels taking any long positions, and at the very least place your stops at appropriate support levels to protect your investments. We can see in the RSI that there is some nice support around the 65 level to the 70 on the 5 day RSI. The Gaussian channel can give us some insight by starting its bright green trajectory back in May of this year. Although we have dipped inside this area briefly in June of this year, we have proven that since we have just broken through the gaussian channel in March of 2023 we were, AND not in a serious uptrend leading into the Gaussian channel and held a very important level of 25k right at the median line within the Gaussian channel, and the broke back above the Gaussian channel in October of this year giving us a nice confirmation of a bullish stance for the short to mid term. Expect a retracement at some point within the next 6 months or so, most likely sooner. The next resistance levels are going to be coming up if BTC decides to continue up which is 40k to 48k, and I would expect there to be some very heavy resistance. RSI would also follow most likely popping above the 80 levels. If BTC decides to retrace from here then I can see us testing the 30k level and consolidating for a short period before continuing up. Most likely we will test that 80 level on the RSI in my opinion, more FOMO kicks in then we come down for a short period of a few months to 6 months near the BTC halving time in early 2024.

This is not financial advice and may be the dumbest advice about GOLD to date. I believe in nothing and the GOLD gods will have to take it from here. It is a world full of numbers. Does not mean I will be right. 2001 to 2011 Bull is 10 whopping years.

Hello all! Happy Weekend. I was checking on the 3 Amigos and it looks like the 2 day has just made it to Golden Cross territory.. I am thinking people are still on the sideline and potentially we have not seen the FOMO yet. LMAO. A lot of perma bears are out right now trying to change the narrative back to that 10k flush out. I would suspect some type of flush out at some point to deleverage longs. Although, this is very tough to predict when, I think we are still in disbelief stages of potentially the start of the next bull run. Getting back above the 200 was critical for BTC. I believe the pro traders hoping for that downside are not expecting the next move, and the HERD (society) also have been mostly still scared to enter and new buyers will not buy until BTC crosses that 30K threshold when the FOMO kicks in. We crash after BTC hits 35kish to low 40k at major FOMO, but then back down to low 25kish wherever 200 MA is.... This is all my own opinion and should not be taken as investment advice, entertainment only.

This is just educational content trying to point out a potential scenario with BTC and plainly talking from a technical point of view of which you can throw the fundamental part away when looking at this chart. It may cause some feather to ruffle or a bowel movement to occur. All I know is this is a possibility. It was supposed to go to around 96kish on the measured move if in fact the triangle is real. I would expect a retest of this 69k at some point and perhaps quicker than expected. We will have to see who the crazy ones are.

Just education here, not financial advice as you can stay in cash or whatever you want.... We are on thin ice for sure. Although the long term trend is still in the selling direction (next stop around 13.7k if we break the ice).... There is still a small chance that is definitely not a popular opinion we break in fact to the upside as everyone is definitely scared, turned off, bored, and screaming for lower prices due to the economic and or government issues around the world. I have to say this one would be one for the books as most people are looking the other way. I know the elites want the poor to buy BTC below 10k.... NOT EVER! Whelp I wouldn't mind adding more at 10k or below, but all these scrums still screaming for that 10K got me thinking.... We may not ever hit the mark. I guess I will believe it when I see it. Good day! Much Love!

Although nobody knows exactly where we are heading in the short term. (Majority Bearish) I am still confident BTC will have its place for success long term. We seem to have printed a higher low on the monthly. It does not mean much, but once BTC decides to move the other direction. There is a chance in my opinion that it could be more aggressive than people think. Especially once that 200MA is breached again. The unexpected loves to play out sometimes. I will remain bullish until that 17.5k ish bottom is broken.. Not saying I wouldn't be bullish for lower prices... I have a weird feeling the big money knows the consequences of letting even BTC get too low. Just my opinions of course. Much love stay safe!

Seriously though... I do not see to many people talking about this scenario. I am not a financial advisor, and if I am looking at this chart correctly it looks to me the bottom may be in, but many professionals are over thinking the scenario with the inflation worries going on and the higher chances of a depression and further sell offs. What if they are wrong. Maybe we go lower maybe we don't and we stay level or maybe we do in fact have a significant rebound. I am semi bullish to buying more sub 20k myself. My own opinion of course.

It is looking potential since the last shoulder is trailing more sideways, but if were to break to the upside we would most likely see a significant move. Non bias approach to trading consist of what the simplicity of the chart is saying. Some times its the best to block out noise and look at what the chart says. I am more neutral in my stance at the moment and long term bullish in BTC. This could very well be a nice range to accumulate and Dollar Cost Average in BTC, not financial advice just something I am doing as well considering turning up my buys during these times to a good chunk of my monthly wages.