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Hawk Crypto Signals
ETH target reached as shared in the premium group ($1,220 to $1,820 | 50% gain) Here's the next target I'm looking at for ETH
ETH almost reached our short target, already 30% in profit ;)
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Hawk Crypto Signals
Target reached, another 10% profit in 4 hours. As I said earlier, we should see upward acceleration after the 27th.
Well, Bitcoin began the upward acceleration after the 27th Feb as I had previously mentioned, generating a nice 20% price gain in 9 days.
It is not quite clear what Bitcoin will do next from here. While we can see something similar to an inverted HnS pattern, the right shoulder is a bit too extended leaving me concerned that this might be a bull trap.
Now, we have cleared above the neckline (52k), so longs are entering here targeting 62k (HnS 1:1). The leveraged traders' liquidation is around 45k, however the spot positions will probably be stopped out at 38k.
If this is not a bull trap, then we should see consolidation for a week, turning it into a bear trap with higher targets (63k-65k). Either way, the cycles suggest a bearish influence till the 15th of March. After that cycle is over, we will have a better picture of what might come next.
What I would like to see, is BTC consolidate, while Alts rally during this week.
It is not quite clear what Bitcoin will do next from here. While we can see something similar to an inverted HnS pattern, the right shoulder is a bit too extended leaving me concerned that this might be a bull trap.
Now, we have cleared above the neckline (52k), so longs are entering here targeting 62k (HnS 1:1). The leveraged traders' liquidation is around 45k, however the spot positions will probably be stopped out at 38k.
If this is not a bull trap, then we should see consolidation for a week, turning it into a bear trap with higher targets (63k-65k). Either way, the cycles suggest a bearish influence till the 15th of March. After that cycle is over, we will have a better picture of what might come next.
What I would like to see, is BTC consolidate, while Alts rally during this week.
Looks like this one-week cycle till the 15th turned out to be a bullish one, rather than a bearish one.
As mentioned earlier, resistance is at 63-66k. If that zone holds (without touching 71k), we could be in for another correction down.
This cycle ends on the 15th, so that could be in line with a temp high.
If it gets to 71k, it could be setting up for another parabolic rally.
I'd say odds are leaning towards a rally at this point, with the 15th initiating a temporary stop.
As mentioned earlier, resistance is at 63-66k. If that zone holds (without touching 71k), we could be in for another correction down.
This cycle ends on the 15th, so that could be in line with a temp high.
If it gets to 71k, it could be setting up for another parabolic rally.
I'd say odds are leaning towards a rally at this point, with the 15th initiating a temporary stop.
I'll make a free analysis on BTC or ETH for you guys when I get some more available time.
Otherwise, sign up to the Premium Group, as there are more assets and targets still currently in play.
Otherwise, sign up to the Premium Group, as there are more assets and targets still currently in play.
SP500: As you can see, the underlying value of the companies hasn't really changed. USA is basically hyper-inflating, driving the prices up on the markets.
If I'm not mistaken, the USD has lost about 40% of its value in the last year.
Once the lockdowns end, people will start spending on the streets again and the same thing will happen with the prices of goods.
If I'm not mistaken, the USD has lost about 40% of its value in the last year.
Once the lockdowns end, people will start spending on the streets again and the same thing will happen with the prices of goods.
If we look at the inflation adjusted chart of Bitcoin, it is still following proper TA, and holding around the βrelativeβ 30k zone as I had forecasted in my chart from 2020.
According to that analysis, after rallying from 5k to 30k, Bitcoin was to start a new bear market, potentially going all the way down to 2.2k in 2022.
In light of the inflation dynamic, we will most likely have a βsoftenedβ bear market when looking at the BTCUSD chart. If we continue to hyperinflate, there wonβt even be any visible bear market until the dollar printer settles down, however that doesn't mean that the true value won't decrease.
Fortunately, we can still use the inflation-adjusted chart as a βbarometerβ of sorts, to identify the optimal trade entries on the distorted BTCUSD chart.
I feel as though, by being unaware of this discrepancy, many people are erroneously thinking that Bitcoin is gaining extra value, when in reality it's the United States that is failing.
According to that analysis, after rallying from 5k to 30k, Bitcoin was to start a new bear market, potentially going all the way down to 2.2k in 2022.
In light of the inflation dynamic, we will most likely have a βsoftenedβ bear market when looking at the BTCUSD chart. If we continue to hyperinflate, there wonβt even be any visible bear market until the dollar printer settles down, however that doesn't mean that the true value won't decrease.
Fortunately, we can still use the inflation-adjusted chart as a βbarometerβ of sorts, to identify the optimal trade entries on the distorted BTCUSD chart.
I feel as though, by being unaware of this discrepancy, many people are erroneously thinking that Bitcoin is gaining extra value, when in reality it's the United States that is failing.
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Hawk Crypto Signals
It looks like DOGE is getting ready to double in price up to 12 cents.
Doge target reached, about 80% in 48 hours since the call.
I'm expecting some consolidation around this level, before doubling the price once again up till 24c.
I'm expecting some consolidation around this level, before doubling the price once again up till 24c.
I'm done with Doge for the time being, I believe the masses are starting to enter here, and they will be liquidated.
My next moves have been detailed in the premium group.
My next moves have been detailed in the premium group.
As planned, the masses have now been liquidated with many of our 50% drop targets reached in the premium group.
Expecting a kickback up soon in the crypto market.
Expecting a kickback up soon in the crypto market.
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Hawk Crypto Signals
For Bitcoin, I see a short entry at 62.5k with a final target of 25k (for this cycle). I'd give a 72% likelihood for this bearish scenario, with the alternative being a rally to 82k.
The bounce is moving as planned, our premium alts gaining 70% profit, and Bitcoin is getting close to the short zone.