GenesisGo

Bitcoin: Moment of Truth Hello Team, Bitcoin has currently formed a bearish Head & Shoulders formation. "If" we break this support level with a confirmation candle we can see the price of Bitcoin push lower towards the 20K Support level. if you look to the left side of the chart there is not much support until that level. We will not enter a trade until there is a confirmation candle as there is still a chance that we will bounce off this support after tomorrow's CPI news. Play it smart and wait for confirmation. Enjoy!

Hello Team, Dogecoin is currently within the accumulation zone. If you want Dogecoin in your long-term portfolio or looking for a trade setup, these are the levels to start adding. Enjoy!+37%

Hello Team, This week we look at a small cap cryptocurrency opportunity. "Presearch" is a decentralized search engine which has the ability to generate their token for essentially "free" when using the search engine. They also have "Nodes" which the system operates on. We have broken out of the downtrend and are at a 87% loss. Remember to Buy Fear no Greed. Enjoy!+30%

Hello Team, Gold on the larger time frames has formed what is commonly called a "cup & handle". This specific pattern is a bullish formation that can possibly indicate a massive rise in the future price of Gold. For long-term investors, you can look to enter within the bottom portion of the regression trend. Enjoy!+7%

Hello Team, Looking at past historic Bitcoin halving events you can see a historic rise in price followed. During previous halving events, the price of Bitcoin significantly declined after the previous run-up and is consolidating & stabilizing allowing good entry points. This is occurring again before the 4th halving. If history repeats after the 4th halving during the estimated March 2024 date we can see another historic rise in the Bitcoin price. Always remember, "This time is different"When Bitcoin was 20K people said, "I wish I bought at 3K!"When Bitcoin was 70K people said, "I wish I bought at 10K!"Now Bitcoin is ~16-25K will people wish they bought here? Time will tell, and history repeats. Invest wisely.

Hello Team, Cryptocurrencies have been in a sustained bear market. Altcoins such as ADA are down almost 92%. Looking at ADA (Cardano) you can see we are forming a falling bullish wedge indicating a possible break out in the horizon. For long-term investors that believe in the future of cryptocurrencies now would be a good time to start planting some small seeds as most cryptocurrencies are down a significant amount.Up 24%Pop

Hello Team, XRP has been holding within the accumulation zone as BTC and other cryptocurrencies are falling. We have added XRP positions to our long-term portfolio. SEC Positive news and the next market cycle should provide a good return from these levels.+26%

Hello Team, As we can see LUNC is forming a massive falling wedge after a huge run up (Bullish Formation : *Upon Breakout). A strong volume resistance break to the upside from this falling wedge can have massive upside potential. We are looking to start adding small positions as we continue lower. Key Notes: This is a very high risk play due to being a highly skeptical trading pair; only for small position sizing. Fundamentals to follow: Bitcoin Strength/WeaknessUSD/Stock Market Strength/Weakness : Strong Correlation Previous Posted LUNA/C Trade: 1000%+ Run to the upside

Hello Team, ---Trade Idea:Short Play:Bitcoin has formed another Bear Flag; this formation is a bearish pattern indicator. You can see the outcomes of Bear Flags in Bitcoins Past giving the short play a higher probability of occurring. We will wait for a confirmation break of the flag support to enter short positions to our 18.8K Target. As the price falls we will add breakeven stop losses and take profits along the way keeping a small remaining position open for a potential continuation down. Coming up we have GDP, Core & Fed talks so expect an increase in volatility. This Short positions will be invalid if we break out of the Bear Flag resistance. If this lower probability of price action occurs we can look to retest ~28K. ---Opportunity:Historically Cryptocurrencies have a ~4 Year Bear market according to its short historic data. If this occurs again we can look for more despair in the markets. The cryptocurrency market maximizes emotions with its huge swings in price. In the past, we called the last bear markets (2017 BTC 5K, 2020 BTC 10K & Other altcoins) & warned of sell-offs during the bull market (ETH 4K & BTC 60K). Every time emotions hit an all-time high. We have already started entering positions for our long-term portfolio (which can be seen in our others posts). We also are preparing our long-term portfolio for all outcomes of the financial markets (you can view a breakdown of the plan in a past post). Investing in the cryptocurrency bear markets in the past has created life-changing opportunities. ---Stock MarketThe Stock Market is still toying with emotions as well as creating a potential bear trap and is still in a medium-term downward pattern. If the stock market takes another dive downward expect Bitcoin to follow as they are currently correlated. Currently, the SPY has hit a resistance level that could push it back below 400 and into the high 300s. Look for a pattern break to indicate a reversal in both the stock market & cryptocurrency market before looking for a long trade or long positions for your long-term portfolio.

Hello Team, Short Play: As we can see Bitcoin is in a rising wedge which is a bearish pattern. A break of this pattern can lead to more downward momentum in the markets. If this structure breaks with confirmation BTC can look to test the ~18.6K level again. The bulls would need a strong momentum push to the upside to break this pattern which is a lower probability. Happy Trading!