brian7683

brian7683

If we don't bounce, it could get ugly. But I'm an optimist. The ETFs will be approved in October IMO. Then 3-6 months of crazy gains before a big crash.

brian7683

DXY has reached the trendline and will reverse IMO. DXY will go lower in the next couple months.

brian7683

The VIX has hit a major resistance line dating back Nov 2017! It will be impossible to breach IMO. Volatility is about to go back down in a major way.

brian7683

Look at that latest weekly candle! Hammer doji! Bullish! When we break the diagonal trendline, it'll be party time!

brian7683

This makes me very happy! It's a good sign for alts vs Bitcoin! They might start outperforming BTC finally!

brian7683

Let me dream a little! You can see the BTC.D chart has broken down on the RSI and is under the trendline. This trendline acts as a resistance if price goes back to it. Could the Bitcoin dominance have topped at 52%? I would LOVE to think so! Ben Cowen is expecting dominance to reach 60% before ALTS start outperforming BTC. Maybe... Time will tell!

brian7683

Every time the yield curve has gone negative, a market crash follows eventually. The trick is knowing when that happens. Nobody knows. When the yield inversion starts rising again, that's a sign it's about to pop. Better start selling out of markets into USD. DXY will start rising again eventually. Looking at the charts, my guess is 6 months tops before we reach...

brian7683

Big upwards explosive until end of 2023, early 2024 before a big crash. We'll see!

brian7683 Updated 

The NASDAQ will rise to create a double top pattern. Then mega crash. Top around Sept 2023

brian7683

If you divide the Nasdaq by the M2 Money Supply, you can see we have not even reached 2000 Dot Com bubble levels. Increadible! They printed a crap load of money! The money supply has increased quickly! IMO, we will reach the same level as DOT COM bubble before crashing hard. Aiming for late 2023, early 2024. Selling at the right time will be key! IMO, we have...

brian7683

May 2017, the XRP dominance went up to 30%. I'm sorry to say I don't think that's ever going to happen again. That's just too much! We are at 3.5% now. The 4% resistance will be hard to break but it will happen thanks to the trial decision. I think the top is at 10%. 10% of the whole crypto market cap! If we are at $5T. 10% is at $500B. Ripple is at SGX:41B ...

brian7683

Thanks to the XRP trial, altcoins will most likely do very well for the next couple months. DEFI coins are poised to pump up quite a bit! On the chart you see the DEFI coins dominance. We've just bounced on the trendline. Very bullish!

brian7683 Updated 

This chart looks at Bitcoin dominance vs the top altcoins excluding stablecoins and smaller alts. IMO, the BTC dominance will keep rising until mid-july 2023 when the price reaches the trend line. Look at the Altcoin Season Index chart. We are at the BOTTOM now. It probably will continue going down some more to create that SPRING we need before blastoff. How...

brian7683 Updated 

We are about to break out from the triangle pattern. Mega bull run up 33% to 37,000. Just repeating history.

brian7683

Up or down for LINK? Huge resistance above but even bigger support below dating back Feb 2018! I'm bullish and believe we are going up. Could we do a quick fakeout to the downside first? For sure!

brian7683

The price action is creating the same trading pattern. A breakout could mean a 20-25x in price from here. Will history repeat for Ripple?

brian7683 Updated 

Look at that! The VIX is FINALLY breaking down from the resistance line that dates back from 2017! This is VERY BULLISH for markets! Crashes happen when the VIX is going up, not down.

brian7683

Beautiful technical pattern! Nikkei is breaking out. 35,000 next stop? Bullish AF on Japanese stocks!