Bull goggles? Helpful chart to see where the market is going.

Quite a few people have bull goggles at the moment, with people predicting Wave 3 about to start on crypto to the actual moon.

Hey, it could happen, I'm a bull on crypto overall, but the trend right now is down ... I mean ... up! If you flip the chart.

Take a look at the above. What do you see? Oh wow bull pennants, golden cross and a possible cup & handle. Its a screaming buy! (I mean sell)

(Related chart Bear Goggles? Helpful chart to see where the market is going)

Komen:

I love how it turned right where it says 'wait for pullback' :D

Komen:

Bear 'what if' scenario ...

Komen:

Another bear what-if.

Note these are not calls. Just scenarios. I trade what I see, when I see it

Komen:

Update for you friends. Would you go long here?

No you wouldn't.

Why?

RSI over 80 / way overbought
RSI divergence.

Sure, it could go higher but not for long ... I think our flipped chart has done its job.

Komen:

Our inverse BTC chart is showing another setup ... possibly. Is this a bigger cup & handle?

Komen:

Yes it is. Holy smokes that's a breakout