celticworks
@t_celticworks
What symbols does the trader recommend buying?
Purchase History
پیام های تریدر
Filter
Signal Type
celticworks
BTC price action has confirmed a downward break below a daily DM Level 3 trend line.
celticworks
Broke thru a daily DM Level 3 trend line. Next level could be as low as 16K.
celticworks
Petty difficult to interpret this chart patten setup.
celticworks
The price action continues to confirm a channel move.
celticworks
The trend says, up and to the right. The price will bounce around, but as long as the Ukraine situation remains unsolved, I suspect the price just keeps grinding higher. Higher inflation remains tailwind (strong), offset by the headwind of IR hikes by the FED (weak). My view is the FED is behind the curve, and even if they hike, negative real yields continue. CPI just printed at 7.5% - an all time new high, and blowing thru the highest end of the forecast range. Interest rates are at 0%, and the market is calling for 4 to 8, 0.25 hikes in 2022. At 7.5% the CPI is at the same level it was in 1982, and the interest rate then was 11.25%. Commodities, real estate, energy, and precious metals will all do well in this environment. Meanwhile, we see the economy slowing in the US with GDP growth near 0% for the quarter, and some analysts calling for another low-growth (or no growth) quarter. And we see the rotation from growth (tech) to quality (income) stocks, etc.The inflation and geopolitical decisions have already been made. The market needs time to digest and back-fill. The thesis continues to play out.
celticworks
Try and fail... try and fail... try and fail. Step 1, Step 2, Step 3.
celticworks
Could be a mini head and shoulders formation. I suspect we can confirm, or not, over the coming hours.
celticworks
Is BTC forming a near-term bottom, on lower volume? Or a pause before another leg down?
celticworks
Are we seeing the development of a massive double-top formation??? Can we name some recent, or foresee some future, constructive fundamentals that would suggest that BTC could bounce of a floor of support.
celticworks
Is BTC a store of value... it doesn't look like it is storing value. Is it a medium of exchange... it doesn't look like it. Is it an inflation hedge... it doesn't look like it. Is it a safe haven asset... WTI and the developing crisis in Ukraine.... it don't look like it.
Disclaimer
Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.