hungry_hippo

It's just waffling around near my purple line. Nothing to play here. Fed meeting Wed.

Regained the megaphone pattern line and appears to be melting up which is very bullish. Guessing it rallies until daily indicators get overbought. No position.

BTC flashed a buy signal today, but I didn't buy into it because you can't get out of IBIT options off hours. We all know it can bounce back into oversold on the 3 hr and go way oversold like last drop. The big problem with crypto right now is that it tanks whenever any of the markets (Asia, US, Euro) tanks, but doesn't rebound unless all 3 major markets go up at the same time. It's not tracking any market any more, unless FDAX tanks to catch up. I think at this point, I'd rather short it when it gets overbought on the 3hr, if it ever does again, lol. I'll get flamed for saying it by a bunch of cryptards, but I don't recommend going long.

RSI hit oversold even though MFI is only half way there. Looking kinda bearish.

MFI cycled from overbought to oversold to overbought but BTC itself is just going sideways. Don't really see a trade here right now.

3 hr RSI hit overbought, MFI probably hits it soon. Pattern looks remarkably like the last bounce highlighted.

BTC bounced when it hit oversold on the daily, looks like MFI hit my green line on the 3hr. Expect movement upwards, but I decided gold is a better play.Got a 1% pop right after I posted, lol. I think it'll hit that purple line next week or sooner.

Yeah, what part of this chart makes you think it's going up?Flaming me won't make BTC go up bud. My only mistake apparently is not holding IBIT puts, lol. But hey, daytrades are fun.

BTC is oversold on both RSI and MFI on the daily indicators. IBIT ETF daily RSI also hit oversold for the first time since Feb. So I expect a bounce here, but I'm not bullish enough on cryptos to play it.

Still more of less tracking FDAX (DAX futures), the question is, how bullish are you on the European market for next week? Daily indicators for RSI and MFI also oversold. I'm probably not gonna go long this time though, not worth the heartburn.