peacefuljustin

peacefuljustin

The short term oscillators are pretty heated and in peaks on their wave formations. Stochastic RSI and RSI is starting to crest loosing momentum. I expect a move down to retest $1.50. The $1.60 area is looking like a strong resistance. This is not a long term setup! Stop Loss: $1.575 Profit level 1: $1.50 Profit level 2: $1.42 Profit level 3: $1.38 Much...

peacefuljustin

Oversold on MACD, RSI, and Stochastic RSI on the 4 hourly time frames. All 3 major oscillators in trough zones. First targets $14.00. Could drop in the lower $12 region though. Anything below $14 is a nice buy for Avalanche. Much peace, love, health, and wealth!

peacefuljustin

Gala has been having tons of volatility and as of right now we're at the bottom of this channel on the 30 minute time fame. Mostly everything has taken a slight dip this morning. The short term trend is still bullish and I believe given the volatility we should see a revisit to the point of control on this range which is at around $0.058 cents. The 30 minute MACD...

peacefuljustin

Really nice pump out of Gala on the 4 Hourly. Fully blown and overbought on all oscillators and we have formed a nice peak. Remember it's all about the peaks and the troughs. If you're shorting wait for those troughs to play out. This wave is starting to loose momentum on the 4 hourly. Looking for us to retest around 2 cents for support or come down at least 5%...

peacefuljustin

Looking for Bitcoin to come back down to $16,600 on the 4 hourly based on the Stochastic RSI being overbought and looking to come back down to test our Moving Average within the Bollinger Band. Keep in mind we're building momentum on the daily So Bitcoin is likely to have a run up in the price in the coming week or two. Much peace, love, health, wealth. Safe...

peacefuljustin

There's been some nice volatility on Solana. Overbought on RSI, Stochastic RSI, and MACD on the 1 hourly. We're at the top of the 1 hour wave crest and we're hitting resistance. We should fall back into the channel. Still a bearish trend. Much peace, love, health, and wealth.

peacefuljustin

Nice hourly pump we have today. Looking for Bitcoin to retest the $17,500 levels or come down $200- $300 once the hourly wave looses momentum. We've peaked on all of the major oscillator indicators (RSI, Stochastic RSI, and MACD). Much peace, love, health, and wealth!

15:08

peacefuljustin

In this video I am highlighting how we may see a $10,000 Bitcoin this cycle due to where we are at on the weekly oscillators and the very negative macro conditions effecting the market. We may get a retest back to the $19,000 level on the daily but $20,000 is now serving as a major resistance. I believe it is unlikely that we get above a $20,000 Bitcoin anytime...

peacefuljustin

It seems like Bitcoin wants to get back above $20,000 but it is starting to face resistance getting back above $20,000. We've been ranging from $18,200 - $20,300 for over a month now. Due to the stochastic RSI wave peaking and being at overbought levels on the daily I believe short term Bitcoin will be going back down to the low $19,000 levels within the next week...

peacefuljustin

We're a couple weeks away in to seeing if we will break out of our sloping resistance we've formed since November 10th which officially marked the top of the bull market and start of the bear market. Ideally we would want to be holding above $24,000 to continue the uptrend we started since June 18th. If we can not successfully break out of this downtrend there's a...

16:26

peacefuljustin

As the merge from proof of work to proof of stake gets closer for Ethereum there has been a bullish relief wave hitting the market. I do believe that Ethereum is leading the charge in this relief rally as the merge will have a major impact on the entire cryptocurrency market. Ethereum on the weekly looks like it's on an up trend to hitting $2200, but be...

12:59

peacefuljustin

Between the 2008 great financial housing crisis, the end of the dotcom bubble in the year 2000, the 1970s stagflation recession, and the great depression of 1929 all have one thing in common. The market retraced at least 50% from it's peak. I personally believe the US economy is in conditions for a recession that will at least sink 50% or more if we were to...

15:18

peacefuljustin

I don't believe we are out of the weeds yet and still have a ways to go with this bear market. The Federal Reserve's aggressiveness towards raising interest rates to combat inflation isn't the best conditions for a bull market in asset markets in general. We still haven't had any sideways movement with Bitcoin just yet and I don't believe we've found a true bottom...

peacefuljustin

The first crypto gaming and metaverse wave has left us and we're in the midst of bear market in cryptoland. Strong projects that survive this bear market will likely thrive in the next bull market. One of those projects I believe will thrive in the next metaverse gaming wave will be Gala games. Why? Simply because a lot of developers and innovators continue to...

10:51

peacefuljustin

For everybody that wishes they bought Bitcoin at $30,000 when it was a $69,000 well now is your chance to get in at a super discount! Don't be that guy or gal wishing they bought Bitcoin when it was low and didn't take action. We're very oversold on the Relative Strength Index registering at 17. Since the 2020 global shutdowns from Covid-19 the RSI has registered...

peacefuljustin

MATIC has been starting to bounce between a $1.30 support zone and a $1.75 resistance since late February of this year. As of right now we have really been respecting the 0.382 Fibonacci level at $1.41 cents. We are also trading just slightly under our POC (Point of Control) on the visible range indicator as well which is about $1.40 cents. On the Stochastic...

12:51

peacefuljustin

Avalanche (AVAX) like most of the market has been in a slow steady downtrend since November of year. Since then Avalanche has been struggling getting back past $100 and has been trading under the 0.5 Fibonacci level between $60 - $95 since the beginning of this year so far. In terms of Total Value Locked (TVL) in DeFi Avalanche ranks 5th with a total of $11.22...

10:38

peacefuljustin

Historically in America the interest rate for a 30 year fixed has been in a multi-decade down trend. As of January 2021 the rate for a 30 year fixed dropped to a historical low of around 2.65% and has since reversed in trend. This year we can potentially see rates continue to rise up to 3.75% as we're in secondary uptrend on the line chart. Currently we're at...