dRends35

Notice how it is very quiet on the Bitcoin threads. Not many boosts on most threads and some with many are "SHORT." Also Fear & Greed index hit "Extreme Fear" as crypto slumped today. Could it be that the majority of market participants are - 1) Calendar based "cycles" traders. 2) Rekt. Calendar traders believe the market is ending because 4 years are over. They were banging their drum for Altseason but now they are rekt and gone. Crypto is an embarrassment again. Now calendar bears bang their drum. Many altcoin "traders" will be very depressed now. The herd have flipped bearish. But the herd are always wrong. This is the time when the contrarians come out. I picked up some coins today 🤨. For technicals - see my other linked thread. This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.Don't forget, I'm this publisher from 2021 (click image to open thread): But I'm buying the altcoin dips here 😲

Yet another Sunday slump back down to $107K area. It has printed several lower wicks in this area - signalling buy pressure. If another lower wick prints again then this bearish action can be considered likely to be short term noise. But at this point, if price lingers around $107K and lower - that would be quite a dangerous look; threatening continuation down. But as long as that area is defended then all is fine. Notice how all these short term recoveries / slumps have been weaving through the demand trendline from the September lows. The bots have been playing liquidity games through the trendline - and at some point a decision is coming for the area. Due to the ultra high volatility already released in the October 10th smackdown, I favour some sort of bullish recovery - and this area to be some sort of Wyckoff accumulation. But there could be more tease and it could make a lower low to really dangle the bullish case in the fire. ... It will be interesting to see how this little area plays out - and its quite a crossroads: If we get another lower wick then the picture quickly becomes quite a bullish look. But any continuation down could see recovery post liquidity sweeping below the lows, but looking dangerous. For the bearish case, if it does become continuation down then the next wave should be even more impulsive than the October 10th smackdown and would signal bear market underway. But I do think think a recovery is more likely as BTC sits a little below $108K. There is also the psychological aspect and that this market is full of calendar traders like no market ever before. Everyone seems to know about the cycles and how on the 4th year - October / November must see the shift from bull to bear. Almost always; the herd are wrong... So this would be a good moment for a calendar change up 🤨. This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.

GOLD Is now hitting the ultra long term 2.272 taking the pivots from the 1980 bear market. Long term does not mean high accuracy expected and it may well have a loose relationship with the eventual top. But its another signal that GOLD is very high. In addition, the month RSI is suddenly as high as its ever been since 1980. Soooo, its time for a cautious trader to take profit. This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research and consider that crypto is a dangerous market.

Market slumped but TAO continues to look very strong. The wipeout dump has whipsawed to become an enormous bullish engulf. This signals that TAO can go MUCH higher. This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research and consider that crypto is a dangerous market

A small bullish engulf has now printed from the higher liquidity zone below January Support and also the long term Demand Trendline. This is now the most upward progress since the top. But we can expect buoyancy at this price point because higher liquidity triggers reversals... And some of that reversal action can come from shorts being covered (exited). ... This bounce may extend and its not really possible to know how much, but this downtrend looks very bearish with 3 fast slumps on the way down and plenty of bearish events leading up to it. So, it would appear that there is plenty of bearish cause (impetus / pressure) in this trend and its now a matter of when it will be released and impulsive downside print. It could yet be a slightly higher high - taking out the current ATH. And as I have said before, that could complete a 5 wave coil. But its not really something to bet on at this point - because with such bearish events acting as resistance above, the most logical path is that those highs do not get taken out before first a selling climax. So we don't know how big this bounce will be but sooner or later this is going to snap to the downside - either in 5 minutes or after a 0.5 bounce or slightly higher high; we will see what the bots decide. ... In the meantime, its not impossible that interesting things will happen - i'm not saying that they won't. If Bitcoin does drift up then we may see some altcoin pops. Traders that are keen / aggressive may do well jumping in on these pops - if they come. But I suggest that there is plenty of danger for longs in this area - and at some point the trap door will open. It could well be that this bounce drifts and extends. Within that time altcoins could even make some roaring moves. But if Bitcoin is very weak - which it is , then those moves come with significant downside risk for longs. ... Then whenever the selling climax prints and we get the "OMG!!!" panic, there can be really great dip buy opportunities in altcoins 👍. This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.

LINK ADA THETA BOSON Nigel picked out that LINK is looking positive. Notice how LINK ADA THETA and BOSON all reflect each other in terms of structure but now with LINK the strongest and BOSON weakest. Very interesting to see big gun THETA still doing nothing. This coin is a real hodler favourite obviously because it did a x300 last cycle (and of course - great fundamentals 😅). These 4 charts are a great example of how the market maker is making it difficult for non-technical buyers 🧐.

FET #59 With Bitcoin having a slump and FET remaining shallow, I think this might be a good area to start buying up FET. Currently it is @ $0.71 which is just below the apex of what appears to be a contracting triangle. Notice that there is a higher low and a lower high to form this shape. These pivots do not at all prove that FET has to hold. But notice that there is very little price action below $0.65 - price seems to be propped up above ... I think that may be a little signal that bullish cause is building. And the fact that it has not slumped with Bitcoin is a bullish signal that this may be an accumulative area. In the end I think Bitcoin goes lower, so it will be very interesting to see if FET has some positive moves on any Bitcoin bounces - or perhaps it might just break out. I bought some here 👍. This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.As well as the disclaimer above, please note that I post ideas in real time but I'm certainly not running a crypto paramedic service here on TradingView. Altcoins move a lot and things can change / dominant assets can have wavering influence etc. I have made no commitment to increase my workload by maintaining tempo on threads after the initial post - though I may do from time to time. Be sure to DYOR and only trade what you can afford to lose.

BTC / M2 Global Liquidity (Offset 78 days) History did repeat and the standout Shooting Star has again led to significant dump action as it . And the fact that this is happening while stock indexes are wobbling while Trump unleashes more tariffs - should be a cause for concern. But to lighten moods, I have added M2 Global Liquidity. To remind, there has been incredible correlation and I have circled a few instances. Also notice there is quite a flat area in M2 - it looks somewhat similar to the flat area that Bitcoin just slumped from. Then notice that M2 had a small slump then carries on up until what looks like some sort of blow off phase in September - then corrective action; perhaps a 3 wave correction (before continuing on up). So obviously this area is very dangerous but there might just be a silver lining 🤔 That said, now that indexes have wobbled, this area is certainly dangerous and we could yet see another wave down in tandem with stock indexes as we did in January. This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.Typo* - First sentence should be "History did repeat and the standout Shooting Star has again led to significant dump action as it did in January at the start of the stock index crash."

S&P (Pepperstone CFD) Price has popped above the 1.618 extension, which is a key ratio zone. A bearish whipsaw in this area could be dangerous. However, if price continues to push through this level, it signals that S&P is entering a very bullish phase. The area above prior ATH resistance holds high liquidity. If price moves beyond this ratio band, it will signal that a reversal in this zone is unlikely. That said, if it’s still in this band when Trump tariffs are reinstated potentially on 1 August, then this is looking dangerous 🧐. (Fib trendlines lower in the chart). This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Post FOMC action whipsawed into a dump - all within the 1.618 window. Could recover, but its all a bit dangerous up here. This is is a balanced ratio area for wave 2 to complete before wave 3 begins the next crash wave. There is no smoking gun just yet but it might be a smart play to have some caution in this area.

BTC Various threats since the impulsive high: - Impulsive downtrend. - Weak 3 wave correction with shorter thrid wave printing a bearish liquidity sweep. - Second impulsive downtrend. But this has stopped tidily in the retracement Golden Window and now drifitng sideways. It appears to be building pressure for the next move up 👍. This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.Boost if you like alpha. Don't boost if you don't want alpha anymore...Last video caught the pivot with perfect timing, and I called this 0.618 retracement as a possible area for the next pivot. Let's see how this call goes..