Moonbags Markets

Teetering

Weekly turned bearish

Didn't quite hold it yet, will have to give a few days to see

Close to an end, possibly today if we hold these levels, reversing bullish Weekly still bullish

We finally have a confirmed daily downtrend

Do not report scammers using /report, just dm an admin or me Scammer bots have started reporting people who report them via /report and it may cause confusion Thanks

Happy Easter!

Daily and weekly both in recovery 👀 But let's see how tomorrow US opens

We finally have a confirmed daily downtrend Weekly is still in bullish recovery for now Very likely we get some sort of realization phase on the daily as the SPX is also in one The correlation between the 2 should be full restored If stocks bottom soon I believe BTC will begin the next daily bullish recovery which will be aligned with a weekly recovery, first time both daily and weekly are in recovery since October 2023. Timing is important for this to bottom imo, from now until mid April is what I'm expecting Locking in will be needed soon

Week 3 bullish reversal but the daily is still trying to resolve one way or another, so far we have no idea what it is doing What we want to see is the daily pattern resolve bullishly while the weekly holds the reversal completely before the market begins trending higher This is generally how accumulation phases work out, they are usually asynchronous in both weekly and daily trends

Weekly trend is now bullish, just week 1. Daily trend resolved to the upside, now on day 36. Long daily bullish trends are usually a good sign with maybe just 1 or 2 exceptions, notably pre-covid dump and once in 2022 I believe. All my prerequisite checklist for bottoms have checked off besides 200 week sma touch

As expected, wasn't a good sign Daily trend is now bearish, currently at day 2. However the strength of this trend has been weak which means it will resolve fast. Weekly trend still shows bullish but that can change soon, we shall see

Just a quick update Looks like we are trying to print a bullish weekly reversal starting this week Daily has already been an ongoing 23 day confirmed bullish reversal dating back to Feb 8th So early weekly reversal + late daily reversal usually not a good sign but we might get a brief relief rally for a bit as long as it stays at the current prices

There is no other secret chat and I haven't DM'd anyone in ages Don't click on links from scammers

Moved to Friday instead of tomorrow as to when the daily can recovery if we hold > 90k

We now have a confirmed daily downtrend Recovery into a new daily uptrend can begin as early as tomorrow However, we need to hold 89.2k by Sunday night close to save the weekly uptrend

Weekly level is beginning to teeter Sub 89.2k is not good and would re-enter the previous cluster range Level needs to hold

Closed above New weekly uptrend underway

Day 7 daily uptrend (confirmed) Working on a week 1 weekly bullish reversal Took longer than expected but here we are Believe the level to watch is around 89.2 - 89.4k, want these levels to hold by Sunday close