
jonnieking
@t_jonnieking
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jonnieking

jonnieking

FINALLY a sign of relief from this god forsaken ApeCoin chart 🦧 Beautiful inverse head & shoulders reversal pattern could very well mark the end of the pain. APE needs to break and hold above .79 to confirm the setup for a ~4x move. Then the road to 40x+ begins 🍌

jonnieking

For all those celebrating GOLD 's historic 1% move back to ATH, remember it generally leads BTC by 10-12 Weeks, just like global liquidity and DXY (inverted). And remember who shared this with you first 🤓

jonnieking

₿ITCOIN HAS OFFICIALLY CLOSED THE WEEK BELOW THE DANGER ZONE ⚠️ PA literally closed nearly right on the 20WMA 🤯 MMs are REALLY trying to keep us guessing huh … Appears that BTC is now heading down to retest the .328 Fib ~$105k and grab liquidity there. Hopefully that holds as support and bulls bounce back quickly, otherwise more downside to the 34WMA ~$101k

jonnieking

It’s really weird cause everyone keeps telling me the ₿itcoin 4-year cycle is dead yet Nasdaq and S&P 500 follow nearly the exact same pattern with cycle lows 🤓 It’s almost as-if monetary and fiscal policy creates this boom and bust cycle every 4-years 🤔 Question for the “this time is different people”…. Will QQQ and SPX not have similar bear markets as we’ve seen in the past along with BTC ?

jonnieking

Looks like I was right about my Chainlink call. Go figure 🤓 LINK has closed the day above the 9EMA which is the first level you look to close above before the next leg up. Notice it found support off the .618 Fib before the close. $31 for the next target seems very likely, which was this cycle’s local high.

jonnieking

I warned ya’ll about this ₿itcoin correction on the 15th when that big bearish engulfing candle printed. BTC has now officially entered the DANGER ZONE with a break below the 100DMA, 0.236 Fib and previous local high territory. If PA breaks even further, next stop is the 0.382 Fib ~$105k and possibly the 200DMA ~$101k

jonnieking

MicroStrategy had its largest daily close below the 200DMA in the past 893 days. Historically this support level has market key bottoms. RSI allows for a bit more pain to the downside, but MSTR should find a bottom soon. If not, $305 is in play.

jonnieking

SOL IS REPRICING. Gimme a Weekly Close above this POI and it’s gonna rip your mother’s face off. Bullish Engulfing Candle kicked off the 3D run with a close above the 50% Gann. Riding well above the DMA9. RSI has plenty of gas left in the tank. You've been warned.

jonnieking
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