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BTC Flashing Buy (Patreon)

Published:
2023-04-22 16:53:30
Imported:
2023-04

Content

For the first time in 44 days Bitcoin is flashing a buy [75% probability of being correct]

Trend is turning [97.6% probability of being correct]

Mean Reversion confirmation [61% probability of being correct]


Files

Comments

Anonymous

Thank you James , your a 🌟

Anonymous

It’s flashing buy but would u buy?

Anonymous

How do I reconcile many talking heads saying Q3-Q4 is projected to be abysmal and BTC will most likely follow everything down. That is what's keeping my finger off the trigger.

Anonymous

This is a exciting test for Iadss. I layered in yesterday. This may get me over the line for this tool Iam not a trader so didnt think I could justify it

Anonymous

Agree with farm boy question, so much chatter about a recession where everything will tank. James, would you please comment on an upcoming broadcast? Many thanks!

Anonymous

Loading up on miner call options

Anonymous

I would cover both scenarios. Buy some but also be prepared to have some dry powder just in case. End of the day where do you see bitcoin being in Q1 q2 2024?

Anonymous

Trend still up on the D. I’d like to see us pop above the 34EMA again, which was just lost, by a pinch. Rise, retrace. Rise, retrace. Rise. Ugly divergence in RSI. Seen worse. TA is just a piece. We all know this. Up and to the right. Never in a straight line.

Anonymous

Anything can happen. It always does.

Anonymous

Thanks for the tip James......you are a true legend 🙌

Anonymous

Sorry but looks like a fake out. Just another move to break confidence. Have to realize that same people who let the market rise are the same as those who smash it down. Manipulators of the masses

Anonymous

I appreciate the indicator update and find it interesting in the short-term. Yahoo finance has a good article about the stock market and how day traders have been losing $358k per day gambling on Zero-Day Options (Odte)... this correlates with price action in the entire crypto market with leverage being wiped out in the past week. The stock market is in decline and most economic indicators (core CPI moving up, increasing oil/gas prices, increasing consumer debt, big jump in car repossessions, big decrease in new home construction, massive losses in commercial real estate, more big layoffs, etc.) all point to more pain and deeper recession. While indicators are great, they do not take into account or calculate for macro news, macro reports and the like so they should be used in tandem with the reality of the world around us. Remember that the next FOMC meeting is not far off (as well as major earnings from Apple, Microsoft, Meta, etc.) and we'll find out more about how much and for how much longer the Fed will raise interest rates. Stay flexible and be safe. DYOR.

Anonymous
>>106971145

TA is one tool. Trend, momentum, macro, fundamentals, historical data, etc. lots to consider. Indicators aside, the charts/TA do tell us trend and momentum, which are Important short and long term. Day trading is a different beast altogether.

Anonymous
>>106971145

To my mind, It’s only gambling when proper risk and money management are absent. My opinions. That is all.

Anonymous
>>106948521

No indicator will help one be successful without competent risk management, money management, and a solid background in technical analysis. Among other things.

Anonymous

I think that buy signal just got better.

Anonymous

Below £22000 now.