RektCityCrypto

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Bitcoin Weekly. Consensio says we should still be 100% out of the market for long term positions. Still printing a “G” (most bearish) Check my pinned post to see where it triggered to get into the start of the last Bull Run!!
BTC-2,16%
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Weekly BTC momentum still to the upside. The bottom indicator shows the resistance zone though and we are currently in the thick of it!
BTC-2,16%
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Bitcoin on the weekly reaching right and tapping the Bull Market Support Band. Instant rejection so far, let’s see how the week finishes.
BTC-2,16%
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Bitcoin on the weekly trying to close a candle back inside the Ichimoku Cloud. Minor bullish signal if it can do this
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BTC on the 4 hour. The Stochastic RSI did clear the 80 level and has now turned back down. VWAP (yellow column) and money flow (green wave) all with momentum to the downside at the moment.
BTC-2,16%
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BTC on the 4 hour in a rising wedge. The cyan lines are strong weekly resistance and we have not yet closed above any. Rising wedge more likely to break down so that yellow 21 EMA needs to provide support if bulls want to see higher.
BTC-2,16%
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Bulls getting VERY excited, but there are 5 MAJOR resistances to overcome:
1. Upward Sloping previous Bull Market top Trendline
2. Horizonal Week Resistance Line
3. Bear Market Trend Line
4. Bear Flag - yes we are still in it!
5. the most important EMA for a bull run. The 21 Week
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The minimum confirmation that is required to leave this bear market is for price to break above the two lines into the area. We are not there yet.
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SPX S&P 500
In between the yellow 21 Week EMA and the mid-bollinger band. I really do think it comes down to whether we close above the mid, or below the 21
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SPX S&P 500
Market Cipher reining in my instincts and telling me this still has room to go to the upside - fresh wave cut, Vwap crossed and heading up, Stochastic RSI got space to run.
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SPX S&P 500
Stuck in that bull market support band.
I think we need to see it close the week above again to get bullish.
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S&P500 still above all daily EMAs
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Here’s a chart now. It goes back to 2011 and the upper lighter coloured parallel channel is very clear. I “extended” the channel by creating a darker channel underneath. Bottom of the lower channel is 42.5k. Price currently playing with the midline.
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SPX at the most critical point. We had a deviation above and are not retesting the breakdown. Do you think it’s over?
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The two most powerful and important Bitcoin trend lines to overcome. A weekly close above will almost certainly end this bear market.. Until then, remain cautious!
BTC-2,16%
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#bitcoin
A bullish "W" pattern. A close above could get us up to that 78,3. Not expecting it to get to the full target of 90k but if it does, we will have broken out of the bear market downtrend. We have been here before
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My #consensio system (rest in peace Tyler), which is 1 of 20 important signals I have, tells me I should still be out of Bitcoin on the long term. See pinned comment for more details. Hint: Waiting for an "H".
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#bitcoin
The bottom *could* be in of course, but I prefer to see more of a confirmation as at the moment, this is just expected space for a rally to form. Lets see a weekly close above here.
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#Bitcoin
The 1.618 is still very possible for this cycle - same as last cycle.
That would land us at $173,800
BTC-2,16%
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