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CappyNate🍁 1y ago

Tesla. Nothing has changed.

Coin toss between these 2 counts. Either Dec 18 was the near term top, or one more push into inauguration.

The same dilemma exists for Bitcoin. The 14 year top may be in mid Dec. Or a few last breaths into inauguration.

The difference is Bitcoin's top is a 14yr top. Tesla's is a 6 month top.

Prudent traders handled this BTC dilemma by de-risking. That's why I posted so many warnings at the end of Nov. That's as clear as I can communicate the current scenario. Hope it helps.

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T3chi3 1y ago

Can you share the chart for for BTC as well too

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CappyNate🍁 1y ago

The Bitcoin dilemma looks like this. That fork in the road isn't quite a decision zone. Basically, sentiment leans bearish (as possible top is in).

But if it makes one more push, $120k becomes target, and top is then known. Nuance. Not really tradeable. But it's certainly not something I want to be holding long here. It must go back to $50k at absolute minimum.

Hope this helps. The first half of 2025 will be a bit spooky. All markets.

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70546f50... 1y ago

Good to see you back online - does it mean the floor dramas are over?

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CappyNate🍁 1y ago

Floor is done. Fried the lungs pretty good from the dust though. Found some asbestos too. Fun shit. Monitoring/recovery mode.🤞

I'm still wildcard for a bit. Still have to sort out my social stack since the LinkedIn ban too. Have barely looked since.

Anyways, enough of my whining.🤣

Appreciate the check-in.🙏

Will follow your EW counts in the meantime!