Part-Time Trader (@parttimecharts) 's Twitter Profile
Part-Time Trader

@parttimecharts

Part-time trader, full-time chart obsessive.

Ideas only, not financial advice.

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linkhttp://youtube.com/@PartTimeCharts calendar_today09-08-2022 10:56:33

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$AVAX vs. $BTC Rejected at the s/r level, just as I predicted six weeks ago. We are a long, long way off a true altseason. I am selectively bullish on a few alt charts that look promising, such as DOGE, but this is not the same as those calling for altseason every week.

$AVAX vs. $BTC

Rejected at the s/r level, just as I predicted six weeks ago.

We are a long, long way off a true altseason. I am selectively bullish on a few alt charts that look promising, such as DOGE, but this is not the same as those calling for altseason every week.
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$SOL vs. $BTC Most alts continue to look dreadful. SOLBTC is following the path I laid out last month. Even more convincing after that failed reclaim. You have to be very selective in this market. We are in the final throws and those waiting for altseason will be disappointed.

$SOL vs. $BTC

Most alts continue to look dreadful. SOLBTC is following the path I laid out last month. Even more convincing after that failed reclaim.

You have to be very selective in this market. We are in the final throws and those waiting for altseason will be disappointed.
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$SOL Another one following the path I laid out last month. I still believe equities have gas in the tank, particularly small caps. I also believe that a BTC top will take time to play out. But make no mistake, most of these altcoins are finished. Patience.

$SOL

Another one following the path I laid out last month.

I still believe equities  have gas in the tank, particularly small caps. I also believe that a BTC top will take time to play out. But make no mistake, most of these altcoins are finished.

Patience.
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For those that cannot process any kind of nuance... I recorded an entire video detailing why I think we could get a blow-off top on equities, but I still believe BTC is topping and only a small handful of alts are bullish. I even quoted my bearish SOL chart from last month.

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$UNI Liking the risk:return on longs here. Sitting on a key s/r level. Two targets outlined. Second target only in play if we flip the next s/r (green arrow is the trigger).

$UNI

Liking the risk:return on longs here. Sitting on a key s/r level. Two targets outlined. Second target only in play if we flip the next s/r (green arrow is the trigger).
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$NDX vs. $SPX The AI bubble is entering the end game. I believe the Nasdaq will outperform the S&P by a considerable margin, driven by speculative bets on small- and mid-cap stocks, just as we saw in the late 98 - 00.

$NDX vs. $SPX

The AI bubble is entering the end game. I believe the Nasdaq will outperform the S&P by a considerable margin, driven by speculative bets on small- and mid-cap stocks, just as we saw in the late 98 - 00.
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The final stage of the dotcom bubble saw small- and mid-cap tech stocks reach disgustingly overvalued levels in a speculative mania on the future of the internet. I believe we are about to see the same thing for AI and datacentre companies.

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Be careful with the crypto obsession. Some alts look set for big, short-term moves. Others look like they will continue to disappoint. There are some incredible setups in the equity market, and focusing on too heavily on altcoins could cost you.

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So many of my commodity plays are up multiples this year. Those who have an open mind, rather than simply mocking me for being bearish BTC, have done well!

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ETHBTC I believe $ETH is going higher from here. How high depends on on this chart. $10 - 15k is only on the cards if we see a breakout. Don't get excited prematurely!

ETHBTC

I believe $ETH is going higher from here. How high depends on on this chart. $10 - 15k is only on the cards if we see a breakout. Don't get excited prematurely!
Part-Time Trader (@parttimecharts) 's Twitter Profile Photo

I'm sorry, but the cult-like status of Bitcoin is absolutely hilarious. This thing sits at over $100k and people are still convincing themselves that they're early. Saving every penny to buy diminishing returns in a maturing asset, convinced you're doing something life-changing.