RSI going up but price still stuck at 94k. Maybe due to holiday? Some america neighborhood getting razed by crazy fires right now. That $6bil worth of bitcoin might be functional at critical level. The neckline.

This post has been edited by mois: Jan 9 2025, 02:25 PM

I dont normally dive into 1H chart. But 4H nothing to see so might as well sharing 1H chart.

Since the pattern is not bear flag. So it might be bear trap due to:
1) RSI & MACD both printing 1H bullish divergence.
2) 4H RSI already almost oversold territory. How to phase E with RSI like that? It might break the chart. But anything possible.
3) Declining selling volume.



This post has been edited by mois: Jan 9 2025, 05:30 PM

So many youtubers talking about $6 billion btc dumping yesterday. Will it dump or opposite happen? Chart RSI still trending up.

This post has been edited by mois: Jan 10 2025, 08:51 AM

Im not sure when. Maybe not now yet. Like you said, wait nearing 20 January. Trump elect in November = Pump. Trump masuk office = dump? Gonna be epic story lol

Now look like breaking out from falling parallel channel aka bear trap.



This post has been edited by mois: Jan 10 2025, 10:36 AM

Dont underestimate him. He is one of the largest bitcoin holder and he know how financial market work. Treat him as separate individual vs his microstrategy. He is smart money. His clients however is different story.

This post has been edited by mois: Jan 10 2025, 01:44 PM

Bullish divergence on S&P 500 as well.

Yea it wasnt drawn correctly. Didnt draw the bottom line and I showed the upper trendline instead (unrelated to divergence). Kinda pancut awal chart



This one after the market closed on friday. The MACD hasnt cross bullish yet so it is still pancut awal . But I think next week should be green for few days before 21st January dump below neckline?
One last rally toward 59xx before 21 January. 20th is Trump inauguration

This post has been edited by mois: Jan 12 2025, 05:34 PM

Yeah it look like not a H&S pattern anymore. Lets wait for tomorrow SPX action

As for bitcoin, if it breakout from this whatever pattern, it should hit 99k-100k as 2nd LPSY in Phase D distribution.



This post has been edited by mois: Jan 12 2025, 10:12 PM

88k. Oh my that is bearish pennant. Really possible.

Personally I hate symmetrical triangle the most. Normally it will bring to middle apex. Then somehow the target price usually isnt that high. And toward the apex, it can take out both long and shorts together before the real move come out lel.

It was a pennant this morning. Basically broke down. What is your parallel channel figure after 88k bounce ? 100k as well?

Bearish pennant is bearish pattern boss. TP broke down is around 89k. See toward the apex, it break above the pennant and reversed down quickly.



Altcoin market cap. It has bear flag pattern target toward 1.24T which is also 20 December 2024 support. Should it bounce there, alts will rally for a while. Can see the selling volume is getting lower as well.

Edited: I am seeing 1.27T as well. 1.24T abit too deep. Lets see.


This post has been edited by mois: Jan 13 2025, 09:56 PM

Last meal for bull! Tonight is not the night for bear to come out.

Look like bounce from 89k

SOW in Phase D has formed.

This post has been edited by mois: Jan 13 2025, 10:58 PM

No. Second LPSY should be lower than first LPSY. In this case, a bulltrap of 99k-100k.

This post has been edited by mois: Jan 14 2025, 10:40 AM

True. I expect 2 times with bearish divergence printed on 1H and 4H. Otherwise how to drag 4.5% pump for 1 week+ until trump inauguration.

Boss. 70k is not a trap anymore. It is crashed.

This post has been edited by mois: Jan 14 2025, 11:18 AM

The way I see it, there is still 85k which is absolute bottom before next week. It is possible to poke 99k then to 85k then back to 100k lol. This is purely crystall ball, nothing based on chart.

The triangle target is $3.1? Abit early for you to liquidate?

This post has been edited by mois: Jan 15 2025, 10:28 AM

Sorry just now use mobile apps cannot see properly the triangle target. $3.4 instead of $3.1. Clear above $2.9 very cantik

Symmetrical triangle. The pattern I hate the most. Bad experiences in the past.



This post has been edited by mois: Jan 15 2025, 11:17 AM

Bullish chart for alts. BTC dominance look like rejection from trendline. Meaning it BTC.D might fall?


If it BTC.D fall, alts market cap has 4.64%(64B) rooms to go before hitting upper trendline. 1.45T is alt final boss



This post has been edited by mois: Jan 15 2025, 07:46 PM