KingCobra Crypto-Charts

Free discord link is here: discord.gg/kingcobra

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Bitcoin is currently range bound here. Not much to say about the price action. This is the smaller timeframe pitchfork that I am looking at, and the most important resistance.

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BTC Market Update It’s been a while since my last BTC update. The overall market has been extremely slow lately, so I’ve mainly been focused on the VIP members in the Discord, where I share my daily analysis, altcoin and stock market setups, as well as trade signals. ———————————————————— Looking at BTC, one thing that stands out is the amount of liquidity that has built up below this white trendline. I believe it’s likely that price will sweep that liquidity sooner or later. Another major warning sign is Open Interest (OI). It has started to spike ➡️ exactly what I’ve been waiting for. I talked about this possibility a few weeks ago, and although it took longer than expected, we’re finally seeing it play out. I strongly believe OI still needs another significant flush to the downside before the market can establish a healthier setup. For now, I’m leaning slightly bearish. The macro timeframe remains bearish as well, with my macro target still around $55K, which would line up with the bear-market lows. Let’s see how this plays out. 👀

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We are just a few dollars away from the median line now. We are basically there. As I mentioned in the video I made a few days ago regarding the Stockmarket. I still see a chance for us to reach 8k Since this is such a huge pitchfork, I am very open to seeing a wick through it on the weekly/monthly timeframe. I am using the blue pitchfork to snipe the exact top. OBS, the blue one is NOT the same as the red one. It is a completely different pitchfork, on a much much smaller timeframe. Keep in mind the length of our macro pitchfork that goes all the way back to 1972. A top will not form overnight, it can take a while. There are big algorithms selling here, and it will take time for them to dump their positions. I am sharing EXACLTY how I am shorting this inside the VIP discord: https://app.kingcobratrade.com/

Chart update coming soon for the SPY, since I am getting a lot of questions! Stay tuned.

Stocks at record highs once again. Absolute insane. Lets see if we can now have the final push towards our final target

KingCobra Crypto-Charts pinned a photo

I’ve been a little inactive this week, my apologies! 🙏 I’ve been fully focused on trading the markets, as the VIP members know. Despite the summer chop, we’ve managed to extract some really nice profits and navigate the market conditions extremely well. In fact, we haven’t taken a single loss in quite some time. 📈 This is exactly why having a strategy that can adapt to all market conditions is so important, and that’s what we’ve been studying, testing, and refining. If you’re interested in learning how I trade Pitchforks + the 0.31, don’t hesitate to join the VIP. Inside the VIP, I also share all of my trades ahead of time, including: • Entry • Stop loss • Take profits 👉 Sign up to the VIP: https://app.kingcobratrade.com/ ————————————————————- Not interested in joining the VIP? I’ve also partnered with Breakout, a prop firm where you can take a challenge and, once you pass, receive a funded account. 💸 Use code COBRA when purchasing your challenge and you’ll receive 1 MONTH FREE VIP ACCESS💸 👉 http://breakoutprop.com/join/cobra If you have any questions, feel free to reach out to me: @tradercobra21

Bitcoin update will be coming soon. I am just waiting for a bit more price action to develop here. 🫡

KingCobra Crypto-Charts pinned a photo

https://www.youtube.com/watch?v=NDhWOb6fxcw

Juicy episode will be out soon!

Two scenarios for ETH. We are still looking for that 4rth wave to top before we get the final 5th wave down.

Next target for BTC! We are printing! Join the best trading discord: https://app.kingcobratrade.com/

https://www.youtube.com/watch?v=ja-XPM_vEfI