by manuelmoinard | Jun 27, 2022 | chart Analysis, Update
Hello from CFT (our video is out!), Bitcoin: Our stock indicators got a little friendly mid-week, which led to Friday’s strong rally. Bitcoin followed the Nasdaq higher as expected. For those of you knowing of Elliott Wave, we were talking about a five green...
by manuelmoinard | Jun 20, 2022 | chart Analysis, Update
Hello from CFT (Our new video is out!), BTC, We talked last week about wanting to be a buyer on stock weakness and Bitcoin weakness. We did get that. We did continue to add down to the $19,000-$19,200. Indicators are really just neutral here, so we are still in a...
by manuelmoinard | Jun 13, 2022 | chart Analysis, Update
Hello from CFT (our new video is out!), BTC, We talked last week about U.S. stocks meeting resistance and being overbought. We had expected a selloff, and we were going to accumulate more Bitcoin on that selloff. That has happened overnight. Stocks are down sharply;...
by manuelmoinard | Jun 6, 2022 | chart Analysis, Update
Hello from CFT (our new video is out!), Bitcoin, Last week we were around that $31,800 level. We were looking for a rally to $33,000 to liquidate some partial longs. We didn’t get that high; we topped out around $32,500. You can see we broke the green dotted...
by manuelmoinard | May 31, 2022 | chart Analysis, Update
Hello from CFT (our new video is out!), Bitcoin, Last week we talked about being long partial positions looking for a rally to $32,000-$33,000. We are at $31,800 now after a strong rally today. As indicators are nearing overbought, we will be a seller up there at...
