Its important for us for unemployment to come at 4.2. This will give us a good mood and enough momentum to carry us in green during the weekend. Again, emphasis will be on ALTS. If, by any chance we get 4.1, fasten your seat belts.
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For the next week, I will be concentrating on cycles and fundamentals. Need to time the top on ALTS as accurate as possible. There are events that we have absolute no power over. A lot of fundamentals that may overpower cycles. We have our 2 top narrative and as I write this, we exit on the first top, but before we do this we will see how the second top is progressing. This may extend our objective for another 7-10 days, which, surprise surprise, coincides with the ×/- 5-7 day error that cycles have.
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For the time being, there is no greater bullish factor for ALTS, when BTC is weak and they go up. Repeat, you should be in ALTS now.
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Note of education: When markets (wall street) open, always wait for 1-2 hours for the dust to settle (manipulation to play out). We are still connected (dependent) to a significant extent.
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Entering the weekend at above 100k will be very rewarding for ALTS.
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Wall Street closes in 10 minutes. BTC will then be under the control of retail. There will be less volumes which means mote volatility. That means that any move will be more rapid.
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Wall Street Daily
Wall Street closes in 10 minutes. BTC will then be under the control of retail. There will be less volumes which means mote volatility. That means that any move will be more rapid.
Read the attached post. Volatility exactly at the time of market closure (arrow) bringing BTC back into our orange channel.
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This concludes the shared posts from premiums. I hope you enjoyed the posts and found them useful, both in your trading and education. The premium members voted in favour of sharing these past 2 days, and this is an indication of the generous and helpful theme in our group. I wish you all the best in the weeks and months to come. Use what you learned to avoid traps and pitfalls. Remember that everything can quickly come at an end.
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If you wish to join Wall Street Daily premium the link is t.me/WallStrDaily_bot?start=premium
Subscription is only $10 per month, paid in USDC via BASE chain for extra low fees. For this, you get access to premium tg channel with numerous post with predictions, charts and videos. You also get access to premium chat where you can ask questions and take part in discussion.
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Orange is descending, white is ascending, so when the orange gets invalidated (BTC breaks above the upper orange trend line) the white channel comes into play. The upper region of the white channel is where our bull run is.
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This BTC strategic reserve scenario is a game changer for crypto. I think that Elon will accept BTC for Tesla payments as a way to promote Trump pro crypto policy. This falls in perfect line with our 2nd top.
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There are very strong pro BTC, and by extension pro ALT narratives in the works. We also have a time limit of end of January but there are things in the background that will increase our fortunes, better than what I was initially expecting. I will make a video to try and explain my thoughts to you. Give me a day or two to prepare it.
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A warm welcome to all new members. We are heading towards a very challenging 30 day period.
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This is yesterdays daily candle (arrow). Its a top hat candle, and its at the top of a peak, which usually indicates a fall in price for the next few days. The only way that this candle can be invalidated is that if todays daily candle closes above yesterdays wick, which I find highly unlikely.
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