Pingu Charts
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Btc still in a giant range just wanted to give an update though You can see exactly how choppy this is and why we aren’t trading. At one point it looks like its bearish then the next it candles back into range followed by a bearish engulfing right back down The two levels that are important though 67k for bulls break of that and bulls have control back to 71k 61.2 for bears. Break of that and its the gulag for btc. Anything inbetween is a no trade zone. Alts are also dead in the water
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Btc 61.2 is the last major bull support break of that and we play bottom of moveset which is 58k If btc loses 57.8 wick low no support until 55k but my bet is we see capitulation from there Main target 47.8 Patience lads our time is coming
All eyes on dogecoin 0.067 break into 0.065 given how large this consolidation has been we expecting a major move here. Btc hanging by a thread alts are weak
And so it begins
Just watching 61.2 for the break. Bottom of moveset is 58k things get real ugly if we lose that. Given its a range still just watching but yeah bears in control at 61.2 Also u can see the emas flipping now to resistance. Patience lads let the market come to you
Got 10 more invites here for those who have been asking. Again its an airdrop farm and it is said to be decent. Worth to do it TXPINGU code
Gaps always play
Thanks for coming it was recorded. See yall later
https://youtube.com/live/ZmWSPG3k5CY?feature=share
See you guys in 15 mins! I suggest everyone join. Should be good
Just an education post u see this gap on emas? The market will push back down test the emas and either bounce for bulls or break below for bears. Emas always have to be respected. This gives you a good indication on whether to catch a trade or to wait and then enter
Someone asked me how it was when Btc lost 6k and nuked to 3k years ago. Thankfully I had a memory saved
Live stream today at 430pm est. going over the whole market will send link in here
Just keeping it simple. This chop is getting larger and larger and usualy when that happens we tend to have a large move. Wait for the wick break and short 0.067 to 0.065 and then 0.057 otherwise let the dog do its thing. Do not enter here though as its anyones game but wick break is key. The way the bearish candles are coming bears are in control but just seems like one big zone
The longest we havent had a trade and that is OKAY. I would rather wait for a clear setup then send you guys a shitty one and lose money. Rules are rules whether it be 1 day or 1 month we have to wait for consolidations
Doge update Just keeping it simple here every wick break we short it down to 0.065 We saw the break over weekend lack of vol but its clear bears are incontrol as of now. Just wait for the break of 0.06766 and then we short otherwise wait patiently and let the chop play out
For those who want to follow my meme plays Join me at fomo Trade with me on fomo and get 10% off fees! https://fomo.family/r/pingucharts DO NOT blindly follow me though usually I buy stuff and will scalp it etc. Most larger plays I always put it in this channel first like Kintara (still heavily adding) Enjoy
Probably the longest range we have been in for a while. Unfortunately I do not force trades so been pretty chill in here. Market will come and we will be ready until then enjoy life.
8 more codes here. These are hard to come by airdrop should be big. First come first serve code is TXPINGU