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Carl
1.2K posts


Can i just say one thing.
Inflation is going to be a problem, just look at US treasures surging today. You will see very soon that a fast move in the 10Y for example in a ”normal” market environment is met with equities going down.
The market has ignored this for too long and the exuberance is so extreme that it is finally reacting.
It’s refreshing to see.
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$QQQ is up another 2.5% since this post. I am so tempted to try and catch a top here and short with size.
Carl@CarlVonCrypto
Market is way over its skis. This will come down as fast as it came up.
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@Sherlockwhale In those first 5 days in May does it matter how many of those days that have been regular trading days and not saturdays and sundays?
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bitcoin:native
If price only takes these equal highs and rejects, look for the short there after the daily close.
If it actually breaks above April’s high at $79,485 before May 5, then don’t short immediately and let the breakout buyers chase it first.
Since 2020, whenever price failed to break above April’s high in the first 5 days of May, it resulted in a red month but last year it broke April’s high on May 1, then ran another 16.9% to $111,980 by May 22.
So, its important to see if April high gets reclaimed by Tuesday or not. If $79.5K gets reclaimed, the better short is higher, around $84K-$85K.
Sweep and reject these highs = Short the sweep.
Clean break above April high = Wait for the squeeze into $84K-$85K.

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$ORCL
It has indeed taken a turn and I would lie if I told you this doesnt feel good.

Carl@CarlVonCrypto
$ORCL washout bottom, i have conviction. However software is just getting slaughtered in this market but my belief is that it will turn around in the near future.
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Carl retweetledi
Carl retweetledi

I backtested every Sunday pump above 2% on Bitcoin since 2021 and 90% of the time, it is a trap.
Yesterday Bitcoin pumped 2.6% on a ceasefire headline but if you look at the last 6 years of data then there is a 90% chance of this move getting erased with a red weekly close.
Here is what actually happens after Sunday pumps above 2%.
If Monday closes red after the pump, the week closes red 85% of the time and if Monday drops more than 2%, it gets worse with 90% chances that the weekly candle will be red. In the last 6 months specifically, Sunday pumps above 2% have led to red weekly closes more than 80% of the time regardless of what Monday does.
$67,300 to $69,034, that was Sunday's move. Now here is what Monday needs to do to confirm or kill it:
Monday closes below $69,034 (the open): Base pattern triggers with 85% chance the week closes red.
Monday closes below $67,653 (2% below the open): Strongest version triggers with 90% chance of a red week. This is the level where you know we are breaking below $65K.
Monday closes more than 2.5% above Sunday's high ($71,870): The pump is real and the week closes green 80% of the time. This is the only bullish scenario and anything less than this should not be trusted.
One of these three levels will hit by midnight UTC tonight.
Bookmark this and check it every Monday morning. If Sunday was green by more than 2%, Monday's close will tell you whether the week closes red or green.
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