Grace_Too on Nostr: Chart is becoming a mess and I'm going to remove some time trends from lower time ...

Chart is becoming a mess and I'm going to remove some time trends from lower time frames. I thought the bullish retracement would have provided a higher time frame down trend (required a more bullish retracement). That didn't happen. Rather price closed at a new weekly low. closed under the weekly trend for the first time in 3 years, retested and sold off. I extend these trends out as far as I can. Time wise that's where price could be by May of this year if the trend remains intact. In 2022 the 2nd leg down shared the same trend on the 12 and 4hr. This time the highest time frame I have is 4h - I've been eying the same areas of interest as Peter Brandt since the end of October. I am not calling a bottom from here. I'll call a bottom when we're at a bottom. I wish I started this on NOSTR months ago, but I've decided that I'm here now. I don't have to call turns, I already said market structure didn't support the bullish case. I'm here because i plan on taking loans using HODL HODL if it's useful and makes sense. Have you ever tried it? I played with it a few years back. The platform works as advertised, just a very limited hang out, not a lot of choice there. I think it's pretty cool, but you take on stable coin risk
Published at
2026-01-30 09:13:21 UTCEvent JSON
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"content": " https://blossom.primal.net/b7fc06b26229cc35f15157c16a48a101cd93872ec35c1333208462c6d5f273ec.png Chart is becoming a mess and I'm going to remove some time trends from lower time frames. I thought the bullish retracement would have provided a higher time frame down trend (required a more bullish retracement). That didn't happen. Rather price closed at a new weekly low. closed under the weekly trend for the first time in 3 years, retested and sold off. I extend these trends out as far as I can. Time wise that's where price could be by May of this year if the trend remains intact. In 2022 the 2nd leg down shared the same trend on the 12 and 4hr. This time the highest time frame I have is 4h - I've been eying the same areas of interest as Peter Brandt since the end of October. I am not calling a bottom from here. I'll call a bottom when we're at a bottom. I wish I started this on NOSTR months ago, but I've decided that I'm here now. I don't have to call turns, I already said market structure didn't support the bullish case. I'm here because i plan on taking loans using HODL HODL if it's useful and makes sense. Have you ever tried it? I played with it a few years back. The platform works as advertised, just a very limited hang out, not a lot of choice there. I think it's pretty cool, but you take on stable coin risk",
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