Bitcoin Crash + Largest altcoin analysis requests! (ask me)

10 дек.

Write a comment with your altcoin, and I will make an analysis for you in response! Also, please hit boost and follow for more ideas.

I start my analysis with Bitcoin. Currently, I expect a drop to 85k. We have a total of 3 unfilled FVGs (fair value gaps) below the current price, and this is a big deal. These gaps pretty much always tend to be filled. These are no gaps that occurred at the start of the uptrend (near 15k in 2022), but almost before the end of the uptrend (85k in 2024). This is a hugeeeee problem, and I assure you that bitcoin will go down sooner rather than later. 

Today we also want to look at the RSI indicator. The RSI indicator is important mostly only on the 1m, 1H, 1D, 1W, and 1M charts. Do not use it on, for example, 15m or 2h charts. On the RSI indicator, we can see a bearish divergence because the price is making a higher high while the indicator is making a lower high. That's a huge sign of weakness.

Also, let's take a look at the moving averages. This is the daily chart, so let's use 50, 100, and 200. These periods are very popular among huge institutions and hedge funds. They mainly like to use 200 and 20. As we can see, the price is too far away from them, which is a sign that the market is overbought and we should wait for a correction. You want to buy at the support, not when the market has already made the move.

Currently I am bearish on Bitcoin. Profit target 1: 92,250, profit target 2: 85,350.

Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!

11 дек.

Сделка активна

Short trade valid; expect lower prices.
Latest important News: Roger Ver is facing life in prison for revealing how the US government worked secretly to subvert cryptocurrency and prevent economic freedom.
x.com/TuckerCarlson/status/1866543923939729870
The sooner you understand that Trump and the government are against people, the better for you. Also, it's time for you to understand that Bitcoin is rigged and completely controlled. Bitcoin is the opposite of financial freedem.

12 дек.

Сделка закрыта вручную

I exit the position; the market can pump or dump very quickly, but we don't know in which direction it's going to be. At this point, we need to see more confirmation.