Bulls Take Charge !
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I’m going to drop a free update tonight and preview of out detailed August forecast report, which is going out this Sunday or Monday. The August report has a detailed Astro TA forecast for #BTC and ETH, a secret ALT coin recommend, and the astrology of Micheal Saylor !
#BTC has been on a monster tear this last week and I have been nailing the calls and the trades. Check out my Patreon for much more frequent 2-4x week updates for active traders for $10 month…
We were looking for a bull trend following the July 23 Full Moon, and a favorable shift in tone to the market with Jupiter retro back into Aquarius July 28th. With 10 green days in a row Looks like we got both !
Mars trine Pluto tomorrow appears favorable and a possible rally continuation. The Mercury Sun cazimi on Sunday morning is favorable, but opposing Saturn later in the day could be a problem and bring a short term pullback. Then a Venus trine BTC Sun and Uranus in Taurus Monday Aug 2 is a double favorable that could continue the rally. Overall the Moon phase is bullish through roughly Aug 6-7, we think trading long should have the edge until then.
#BTC Daily Chart TA: BTC has smashed through the 20, 50 and 100 DMAs in the past week. It is currently right at the diagonal trend line for the April top. However the key 200 DMA has meet the key horizontal S/R level at 45k, this could be a tough line to break, this is where the battle may take place. I would expect several tries to break above the 200DMA. The Daily Chart is starting to go into overbought levels but Astro TA says we should be roughly favorable into Aug 2 and likely through Aug 6-7, let’s see if bulls can break through the 200 DMA before then. After Aug 7 we see some trouble ahead, check our full August Report for detailed analysis !