Gm all, will be back this week intermittently although gearing for a little wind down now we are at the end of the year.

Anyway, not much price action for me to get involved in since btc hit the poc zones from a few weeks ago.

It’s been mainly sideways action hovering between 84-88k.

USDCT - STILL hasn’t broken up out of the rising blue wedge. Correlates to BTC which STILL hasn’t broken then 100EMA on the weekly.

I wouldn’t get my hopes too high but the wave pattern has literally flashed a green dot on all HTFs which usually signals bears exhaustion. This is the relief I’m hoping bulls can climb back to the 20+50 weekly EMa around my original target of 96-100k. This is where I’d be exiting half of my profits and then potentially monitoring reactions to see if the short (longer duration is on the cards).

Gm gang, USDCT finally coming back to the weekly extended wedge pattern. I suspect we get a bullish bounce reaction around 9.3% if we connect.

Cme gaps locally still have some movement upwards. Personally, I’d wait till extreme fear again and then long again to fill those gaps. Swing trade to 93k BTC would be the target area to TP as you’ll see on the alerts ⏳

USDCt - update.

Looking for reactions and weekly closes at around 9.3%. Sidelined on smart money, why? Weekly candle close in a few days and start of the month candle soon. Better to do nothing until we see this level get tagged. ✅⏳

Gm gang USDCt hovering below 10.040% zone could signal a relief rally long in the next coming days. Depends how it holds.

Tbh I was hoping for 68-72k as my area - see weekly chart and massive demand zone - before I go long. This would be my base case anyway to get interested again. Remember bear markets are slow slogs, we could tag 68-72k, fly upto 93k (CME GAP) in the matter of weeks/months before retesting 68-72k zone again. Eventually it’ll break but not first time imo. Already at extreme fear so I do feel a relief rally long could be on the cards.

Long term bear market - blue wedge pattern indicating 14-15% is the price target. Roughly taking BTC to a 30-40k price valuation. It will happen, just a matter of patience and time.

READ ^ waiting for this - this is the area 68-72k. If this can tag at or below 68k, that’s a 100% wick candle to the downside and end of the first Elliot wave down. After the first wave, there’s a corrective wave back up. Matches USDTC chart.

Ready to enter longs if we tag anywhere near 68k BTC.

RR go to 81K as TP1, 87k TP2 and 93k TP3.

Checking in still sub 68k and extreme fear. I think this is bargain bonanza for a swing trade up. Sticking to my original thesis. Sub 68-72k =bargain.

Alts already popping is a major sign. Pippin is back to near its ATH 🤣 Only a matter of time of weeks or months before BTC comes back up to fill that cme gap.

Anything sub 68k was a bargain right? All it took was patience once again. Here’s the take profit regions imo.

FYI - posting less because I’m sorting out my assets in Dubai, as you’ll be seeing on the news total lockdown. Thankfully, I’m safe and sound in the UK, but what a dilemma.

Markets have clearly factored in the past few months this price action of war. It’s quite horrendous to not believe there’s an elites illuminati cult that starts and ends wars the same way they pump and dump markets.

All we can do is move with the action.

Morning all - something to be aware of. Wedge within a wedge. Large orange trendline breakout would be bullish as oppose to the smaller green wedge which would be bearish. We are tagging end zones right about now so an explosion one way or the other is coming soon.