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Moonbags Markets

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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Daily unconfirmed downtrend Weekly unconfirmed uptrend Monthly unconfirmed uptrend

Preliminary print for a confirmed weekly uptrend, still have to wait for Sunday to confirm

This indicator is lagging and takes until the end of the month to confirm so it may be premature

Last time was March 2023

Preliminary print for a bullish monthly reversal

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

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

Testing

Testing

Added a community to save pinning space

And the level to watch for everything to flip back to max bullish is >84k and hold for weeks

Objectively though, it should be a good few weeks, much like in April

This is starting to make the 4 yr cycle maxis look right lmao

Truly not ideal for a weekly reversal here, while the daily cycle is already mature Not great for a sustained run

Preliminary print for a bullish weekly reversal Not sure at which price but we are there right now if we hold

Weekly still in downtrend, but might be close to flipping, will have to wait and see

Daily uptrend has now confirmed, looks like daily realization happening

Until the weekly shows something, it's likely there will be plenty of traps

Daily uptrend seems to have begun, currently day 4 Weekly still downtrending