TonyTheBullSeverino
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Chartered Market Technician. Cycles, crowds, psychology. I don’t predict — I observe structure. Less noise. More signal.
Seriously. This could be a bad moment for the world that could possibly kick off a recession. If the S&P 500 drops, it could take down Bitcoin, Gold, and Silver with it
When there's a huge, fear-driven move, almost all markets sell off into cash, creating what's called a correlation one moment. It's because all assets instantly correlate to +1, because they're all dumping into dollars at once
So just because Bitcoin is looking bullish, this could be a catalyst that causes more selling in Bitcoin.
Price is struggling at the resistance boundary of a rising wedge shaped pattern. This could be an ending diagonal per Elliott Wave
Technicals appear to support this, following a perfected TD8 and TD9 sell setup. The RSI closing back below 70 will trigger selling. The LMACD is crossed bearish with a divergence. The Fisher Transform is showing the same behavior.
This is NOT good.
The one caveat. It's so early in the month these signals could be gone by the e
When you're hopeful for something to grow, you invest in it
But how many of you are investing properly in yourselves? My work here on Slice isn't going to turn into some self-help program, but there is far more value than most would attribute to taking care of yourself. If you've noticed a distinct change in the quality of my work, trades, and public brand – it is because I have started to focus on "Self-Actualization"
A healthy body, mind, heart, and soul reduces impulsive, emotional reactions to negative situations and increases cognitive abilities to allow for calmer decision-making
And most importantly, is decision-making while under pressure
Even if we take care of ourselves, sometimes things happen that increase the pressure we are under – decision-making in those moments is what will make you successful in financial markets. Not letting moments make you crumble. Not letting your hopes and dreams allow you to i