Sykodelicc

vip
Active for: 1.8y
Peak Tier 0
No content yet
It's looking fantastic here for Alts.
Every time this setup has flashed in the last 9 years, it has produced:
2019 onwards: 5,262%
2023 onwards: 465%
And the same setup has flashed very recently.
And of course, the bottom has been in each time.
Much better days are ahead.
post-image
  • Reward
  • Comment
  • Repost
  • Share
How much longer will it be until more people realise this was not a full cycle bear market?
That it was, in-fact, a mid cycle correction?
Will the penny drop once we are at ATHs at the start of next year?
I think that is how long it will take until it can no longer be denied.
The mass consensus is that we were going to bottom Q4 and take years to get back to the highs.
And that would make sense, if what we were going through was a full cycle bear.
However, it was not.
It doesn't get much clearer than when you overlay the two mid cycle corrections together, as is pictured in this chart.
They bo
  • Reward
  • Comment
  • Repost
  • Share
So many high time frame signals are now back in favour of the bulls.
2W Bollinger Bands midline has been reclaimed.
We can see that in this cycle and the previous, when it was lost, the downtrend truly began.
And when it was reclaimed, the uptrend restarted.
Within this cycle, we also have such a similar bottom and top setup, they are basically opposites of one another.
Three drives higher at the top, and three drives lower at the bottom... both with strong candles to set the trend.
The shift is well underway.
post-image
  • Reward
  • Comment
  • Repost
  • Share
You can keep it very simple here.
After yesterdays monthly close, the overall HTF trend has now shifted.
You do not get a monthly reversal close like that as a fakeout.
From here, yes, it can either go up or down, lol.
But seriously, the reason these kinds of posts are important is because it is very easy to get caught up in the noise during trend change periods.
Bitcoins has reclaimed a lot of strong key levels, and if we are to get a pullback, then its really good to understand when pullbacks are bullish and when they are not.
Every single cycle bottom has been confirmed after BTC reclaims t
BTC-0.24%
post-image
  • Reward
  • Comment
  • Repost
  • Share
The monthly close is looking very bullish.
We have just over an hour to go until the monthly close, and right now, it is looking like the strongest level of HTF reversal pattern you could find.
And the monthly timeframe is the strongest timeframe you could ask for a reversal on.
If we break it down, we have:
- June candle hitting major support at $58,000
- July candle printing a morning star
- August candle strong reversal with higher higher(as it stands)
As far as HTF reversal patterns go, it doesn't really get more bullish.
We can see that within every other major bottom, the monthly making
post-image
  • Reward
  • Comment
  • Repost
  • Share
The setup here looks undeniably favourable for the bulls.
At this stage it is hard to find argument for the bear case beyond the fact that Bitcoin has not made a local higher high above $82,700.
Currently, we are sitting above the:
- 1D 200 SMA + EMA
- 1W 50 EMA
- RSI back above 50 after oversold
Throughout Bitcoins entire history, when it has been in this position, it has confirmed that the low is secured.
If we were to proceed to new lows here, it would be the first time that it has ever happened after the above conditions were met.
Locally, we are consolidating between the 50EMA and 50SMA.
BTC-0.24%
post-image
  • Reward
  • 8
  • 1
  • Share
KhalidElFechtali:
llllllllllllllllllllllllllllllllllllllllllllllllllll
View More
Seeing a lot of euphoria on the timeline.
Lots of PNL screenshots and wild price predictions for projects on the RH chain.
Making me a bit uneasy.
Currently monitoring the situation.
  • Reward
  • Comment
  • Repost
  • Share
This is interesting to observe.
Bitcoin retraced into the 4H EMA and instantly the bears got very vocal.
I covered this exact scenario in the previous newsletter, and it is the precise reason why almost everyone misses these kinds of rallies.
Firstly, hardly anyone buys the bottom because the timeline has mad PTSD and they just expect lower over and over. If price drops lower, they still don't buy cos they then expect even lower.
Secondly, price then actually pumps hard off of the lows and a lot of people start to worry they missed the bottom. However, they do not buy because they will "wait f
BTC-0.24%
post-image
  • Reward
  • 2
  • Repost
  • Share
GateUser-394dda95:
At current time. i think it's safe to not take instant decision. we should trade with precise decisions
View More
Another bottom signal has fired.
The Short Term Holder MRVR Bollinger Bands have entered overheated for the first time since November 2024.
Which is also the last time the 1D RSI reached these levels.
We can see that the exact same move we have just had here, was the same move we had at the end of the 2018 and 2022 bear markets.
These readings only fire at the start of new bull cycles, or during strong upthrusts in a bull cycle.
The reading we have just recorded is also the 3rd largest in the last 9 years.
Another key piece of data that shows us that this recent move is nothing like a bear mar
post-image
  • Reward
  • Comment
  • Repost
  • Share
I think that the low is in.
For many reasons I have already shared.
But we do not yet have "confirmation".
So let me tell you where I think we are at and what is needed for the low to be "confirmed".
There is a difference between believing the low is in based on data confluences, and then also having it confirmed.
Now, things are off to a very nice start in confirming the low, but a few more things do need to happen.
Strong points already secured:
- $67,000 level reclaimed(local structure)
- $74,400 reclaimed HTF structure
- 1D 200 SMA+EMA reclaimed(historically strongly confirms a new bull tr
BTC-0.24%
post-image
  • Reward
  • 2
  • Repost
  • Share
parzheen:
m
View More
Markets are looking very sendy.
With on-chain heating up for the first time in ages.
Very exciting.
Will be locking back into this part of the market from here and building a micro cap portfolio.
What a time to be alive!
Life is better when on-chain is pumpy.
LFG.
  • Reward
  • Comment
  • Repost
  • Share
This is looking like vertical accumulation.
When the price is finally ready for higher, it always has certain characteristics.
And time is moving on here with this move, we're seeing the typical behaviour unfold.
1. Very strong impulsive move that slams the 1D RSI into overbought
2. Lockout rally that moves far and doesn't give entries
3. Vertical accumulation as the price works through resistances without big dips
4. Continuation higher as everyone expects it to drop again
You can get a real feel for the genuine strength of a move just by analysing the RSI.
And, interestingly enough, our last
post-image
  • Reward
  • Comment
  • Repost
  • Share
It's gonna get very uncomfortable.
The amount of people that are sidelined here is probably the largest amount ever.
The 4 year cycle spell really did its number on the vast majority of people...
And a very large number of those sold their coins late, and have also not bought anything back, arrogantly confident that Bitcoin will bottom in October.
This is highly evident from the largest short liquidations we just had on record.
Everyone was max short, with max confidence.
And they got absolutely annihilated.
At the same time, Bitcoin has put in its largest $ growth gain weekly candle ever, and
BTC-0.26%
  • Reward
  • Comment
  • Repost
  • Share
Update.
Bro DM’d this, then blocked me again.
The crash out is crazy.
Notice how he was initially asking me to be on how show a few months ago?
Now telling me to kill myself.
What an absolute lowlife.
All because he couldn’t admit he was an ass and got it wrong.
Ego is a problem my friends.
Don’t be like Koala.
  • Reward
  • Comment
  • Repost
  • Share
Here we go.
After the longest period ever, in its existence...
Coinbase Premium has finally flipped from negative to positive.
After 108 days.
The dominos continue to fall.
Bears have been utterly destroyed and you absolutely love to see it.
COIN-1.05%
  • Reward
  • 1
  • Repost
  • Share
Loflek4christ:
2026 GOGOGO 👊
So what happens now?
Just chill.
A move of this calibre needs time to find its footing.
We haven't seen anything like this for a very long time - this is a special move.
The daily RSI tagged 84.
A level it has not tagged since November 2024 at $89k when we had the Trump Pump. BTC continued to climb all the way to $108k after that.
These kinds of moves can keep moving a lot further than any of us think.
Bottom very likely now in.
In terms of confirmation wise...
Closing the weekly above 1D 200 SMA and back above our key level of $74,400 is highly bullish confirmation.
Above the 1W 50EMA + 1W
BTC-0.24%
post-image
  • Reward
  • Comment
  • Repost
  • Share
This is absolutely massive.
Bitcoin as of now, has put in a 20% weekly candle.
This has only happened 3 others times in the last 5 years.
And each time it has been the beginning of a very bullish period in the market.
Of course, Bitcoin can still retrace a bit this week and lose some % gains, but nevertheless, this is a massive candle, especially as Bitcoin was in the $60k's when it started.
Each other period this happened Bitcoin was much lower in price.
This is not how bear market rallies happen.
Bear market rallies are slow and steady, baiting in bulls and giving loads of time for liquidity
BTC-0.24%
post-image
  • Reward
  • Comment
  • Repost
  • Share
This is not nothing.
Bitcoin just closed its first daily candle above the 1D 200 SMA since November.
Every single time in Bitcoins history that it has done this, it has marked the end of the bear market.
And every time it has done it, it has done it with candles like these - straight through.
Personally, I would like to wait for the weekly close to celebrate this move, and as long as we are above $67,000, we are golden.
Great start for the bulls and lovely to see some green.
Enjoy it, frens.
BTC-0.24%
post-image
  • Reward
  • Comment
  • Repost
  • Share
  • Pinned