
peacefuljustin
@t_peacefuljustin
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peacefuljustin

The short term oscillators are pretty heated and in peaks on their wave formations. Stochastic RSI and RSI is starting to crest loosing momentum. I expect a move down to retest $1.50. The $1.60 area is looking like a strong resistance. This is not a long term setup! Stop Loss: $1.575 Profit level 1: $1.50 Profit level 2: $1.42 Profit level 3: $1.38 Much peace, love health, and wealth!

peacefuljustin

Oversold on MACD, RSI, and Stochastic RSI on the 4 hourly time frames. All 3 major oscillators in trough zones. First targets $14.00. Could drop in the lower $12 region though. Anything below $14 is a nice buy for Avalanche. Much peace, love, health, and wealth!

peacefuljustin

Gala has been having tons of volatility and as of right now we're at the bottom of this channel on the 30 minute time fame. Mostly everything has taken a slight dip this morning. The short term trend is still bullish and I believe given the volatility we should see a revisit to the point of control on this range which is at around $0.058 cents. The 30 minute MACD is looking like it's setting up for a bullish divergence as well. The $0.06 cents area has been given Gala a lot of resistance so be mindful of that. Remember this is very short term much peace, love, health, and wealth! Target: $0.058 Cents Stop Loss: $0.055 Cents

peacefuljustin

Really nice pump out of Gala on the 4 Hourly. Fully blown and overbought on all oscillators and we have formed a nice peak. Remember it's all about the peaks and the troughs. If you're shorting wait for those troughs to play out. This wave is starting to loose momentum on the 4 hourly. Looking for us to retest around 2 cents for support or come down at least 5% from these levels. I'm a long term bull on Gala and will be accumulating more below 2 cents. Short term bearish on the 4 hourly. Much peace, love, health, and wealth!

peacefuljustin

Looking for Bitcoin to come back down to $16,600 on the 4 hourly based on the Stochastic RSI being overbought and looking to come back down to test our Moving Average within the Bollinger Band. Keep in mind we're building momentum on the daily So Bitcoin is likely to have a run up in the price in the coming week or two. Much peace, love, health, wealth. Safe trading! Targets: $16,600.

peacefuljustin

There's been some nice volatility on Solana. Overbought on RSI, Stochastic RSI, and MACD on the 1 hourly. We're at the top of the 1 hour wave crest and we're hitting resistance. We should fall back into the channel. Still a bearish trend. Much peace, love, health, and wealth.

peacefuljustin

Nice hourly pump we have today. Looking for Bitcoin to retest the $17,500 levels or come down $200- $300 once the hourly wave looses momentum. We've peaked on all of the major oscillator indicators (RSI, Stochastic RSI, and MACD). Much peace, love, health, and wealth!

peacefuljustin

In this video I am highlighting how we may see a $10,000 Bitcoin this cycle due to where we are at on the weekly oscillators and the very negative macro conditions effecting the market. We may get a retest back to the $19,000 level on the daily but $20,000 is now serving as a major resistance. I believe it is unlikely that we get above a $20,000 Bitcoin anytime soon but I could be wrong. These next couple of months are looking pretty weary for cryptocurrency right now. Especially the events around FTX could have cascading effects across the entire ecosystem. This is still the beginning. As bad as all this is it is good for cryptocurrency and will only make Bitcoin and the ecosystem more resilient. This needs to happen for us to get a major reset in the market. I do personally believe there will be very exciting buying opportunities in the near future and we will have another major bull cycle. But as of now we are heavily entrenched in this bear market and we're still going through this cycle. Be careful out there. Bitcoin and Cryptocurrency isn't dead. Much peace, love, health, and wealth! Trade safe.

peacefuljustin

It seems like Bitcoin wants to get back above $20,000 but it is starting to face resistance getting back above $20,000. We've been ranging from $18,200 - $20,300 for over a month now. Due to the stochastic RSI wave peaking and being at overbought levels on the daily I believe short term Bitcoin will be going back down to the low $19,000 levels within the next week or two. We've formed our daily wave and now it's starting to crest out. I put in a short above $20k looking for Bitcoin to hit around $19,500 level to close the trade. Much peace, love, health, and wealth!

peacefuljustin

We're a couple weeks away in to seeing if we will break out of our sloping resistance we've formed since November 10th which officially marked the top of the bull market and start of the bear market. Ideally we would want to be holding above $24,000 to continue the uptrend we started since June 18th. If we can not successfully break out of this downtrend there's a strong likelihood that we fall back below a sub $20,000 Bitcoin. We will know something by the end of September. Between $19,000 - $24,000 is the range we've been trading since June. A lot of price interaction and support around the $20k - $21k price range on the visible range bars.
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