Moonbags Markets
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This channel is for my own personal thoughts only. Not financial advice. I take no responsibility for anyone's losses or gains. This channel will be forever free and I take no donations. Thank you. https://twitter.com/lordmoonbags
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Channel Posts
As anticipated a few days ago
BTC and Gold preliminary print of day 1 of bullish daily reversal
SPX already on day 2 bullish daily reversal
| 2 | I would think any dips are bids at this point especially with the 4 year cycle maxis coming back online here as we approach their expected bottoming date | 389 |
| 3 | BTC:
Daily confirmed downtrend, working on a reversal
Weekly confirmed uptrend
Monthly unconfirmed uptrend
SPX:
Daily unconfirmed uptrend
Weekly unconfirmed downtrend
Monthly confirmed uptrend
Gold:
Daily confirmed downtrend, working on a reversal
Weekly unconfirmed uptrend
Monthly unconfirmed downtrend
Analysis:
Very favorable winds for BTC | 378 |
| 4 | Confirmed daily downtrend | 340 |
| 5 | Daily unconfirmed downtrend
Weekly unconfirmed uptrend
Monthly unconfirmed uptrend | 449 |
| 6 | Preliminary print for a confirmed weekly uptrend, still have to wait for Sunday to confirm | 438 |
| 7 | This indicator is lagging and takes until the end of the month to confirm so it may be premature | 480 |
| 8 | Last time was March 2023 | 473 |
| 9 | Preliminary print for a bullish monthly reversal | 471 |
| 10 | Preliminary print for a bearish daily reversal at the current price levels
Weekly is still bullish (unconfirmed)
I expect the market under pressure the next few weeks unless there is a sudden catalyst to bid | 634 |
| 11 | Just for those interested, Polymarket now offers perps
Use my ref code to get started, it's invite only
https://polymarket.com/perps?c=00mkwcck | 674 |
| 12 | Testing | 2 |
| 13 | Testing | 1 |
| 14 | Added a community to save pinning space | 495 |
| 15 | No text... | 0 |
| 16 | And the level to watch for everything to flip back to max bullish is >84k and hold for weeks | 512 |
| 17 | Objectively though, it should be a good few weeks, much like in April | 515 |
| 18 | This is starting to make the 4 yr cycle maxis look right lmao | 539 |
| 19 | Truly not ideal for a weekly reversal here, while the daily cycle is already mature
Not great for a sustained run | 551 |
| 20 | Preliminary print for a bullish weekly reversal
Not sure at which price but we are there right now if we hold | 504 |
