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Replies to #24020 on Cycle Trading
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No-Quarter

01/06/22 10:40 PM

#24021 RE: Duma #24020

Yeah, I did learn the cause. The December Fed Meeting Minutes were released Tuesday at 2:00. The market started heading south hard at 2:01.

The talking heads are suggesting the market will rebound from this, but what's coming is a roller coaster ride of lower highs, and lower lows for a while. We shall see.

Bitcoin fell out of the range bottom support too -



Next support level appears to be ~$40,000 -

https://schrts.co/duDyexvC



Now might be a great time to buy your Bitcoin ;)

GLTY



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No-Quarter

01/07/22 7:23 AM

#24022 RE: Duma #24020

Watching this chart too. When the daily M65 turns up, the daily altcoin game may be profitable again!

GLTY

https://www.tradingview.com/chart/vg7CW5vR/