@TradingHurst Since you are getting a possible 80day trough zone on BTC, and a 80day top zone on stocks, do you think one of them has a higher chance of failing? Do you have any backtest about how this type of signals work when different risk assets shows opposite signals? Thanks a lot!
@TradingHurst Hi mate. Since you are getting a possible 80day trough zone on BTC, and a 80day top zone on S&P, do you think one of them has a higher chance of failing? Do you have any backtest about how this type of signals work when different risk assets shows opposite signals?
Thanks a lot!
@astronomer_zero Some alts showing strength vs BTC since a few weeks ago
Same as Russell showing relative strength vs S&P and MASDAQ
Only a few see it now
Hace a nice day Astro!
$ETH
Bottom idea 24 days old ✅Remind you to not be surprised if...
...price on $ETH sneakily keeps building strong local structure.
As that is what we want, that is what we need. And that is what we planned 20 days ago.
A nice bottom on $ETH, which goes hand in hand with our bottom callout on $BTC, and our idea that $BTC.D will head lower.
All pieces, piecing itself together slowly but surely.
It's rising quite nicely now. Putting the world in a bit of a shock maybe, or perhaps a small wake up call, but not much more.
The bears will call it a complacency bounce, as there is nothing big to celebrate yet. But the bulls (mostly sidelined from our readings) may start to wake up slightly.
As this move already decreased the RR drastically versus where we called the bottom one month ago. The bulls know that, and so they will start to wake up and hold structure on dips, FOMO back in slightly as the market makers help the drive up and squeeze the bears slowly but surely.
That will shift the sentiment locally a bit. But don't let that fool you. What matters is what the sentiment looked like during our exact bottom call, which is the time I asked you to record the sentiment.
I truly hope you did that by now, you are learning invaluable lessons if you do and watch the accounts who can't hold a one sided tone (bullish or bearish) for long.
Sentiment supported our analysis, of a high confidence bottom on $ETH for time price and liquidity reasons all laid out for us, and slowly developing.
So, this price action is good confirmation we are on the right side of the trade while good RR and entries erode away, solidifying our bottom call slowly, causing FOMO on top of our comfy entries, making Astronomer satisfied.
We will continue to track $ETH as well as $BTC, as part of our masterplan of turning very bullish again into these bottoms, during the stages where the largest majority so far this cycle, started looking the wrong way during the bottom ranges on $BTC and $ETH last weeks, with record high bottom sells of popular accounts and their follower bases, all calling the 4 year cycle done and over, or "50k guaranteed / 1k guaranteed" on $BTC and $ETH resp.
Classic example of they look left, we look right here.
Let's hold it through.
I wish you all a fantastic weekend.
And I will see you later.
@astronomer_zero Happy new year, legend. My main goal in 2026 will be to continue improving my trading mainly by learning from you
Wish you the best in 2026