TarotTrader Weekly Markets Forecast
Your Guide to Crypto & The Stock Market for the Week of 3/3/24
Crypto
Theme Card: Six of Swords
This isn’t the best card to see for a sustained rally. It says that we are cutting our losses and moving on to a new land, where we hope things will be better.
This card is historically bearish as a daily card, so there’s no reason to suspect otherwise here as a theme card.
Our monthly card is The Sun, which says we’ll rally then fall from the sky, so maybe we get a chance to get out at higher prices first. Let’s see.
Monday: The Fool
It’s a Major Arcana card that is pretty easy to read. We’ll see a rally of some sort that ultimately sets up a pretty nice short for the afternoon or next session.
It usually finishes flat, so we’re selling rallies. in the afternoon here.
Tuesday: The Star
This is a fitting follow-up to The Fool, as the Star implies a need for rest and healing. We still have hope, and this is a healthy pause, but it is a pause nonetheless.
Look for some consolidation near a key support level that ultimately holds. It’s not super bearish, at least as of now.
Wednesday: Page of Swords
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