Amateur
Atom did the most over the weekend(from nov 5) "totally not an expert here, but +~40% in a 2 week period is a red hot run. feel like its time for a retracement to some support for more fuel upward. yellow line is one i've been abiding by for the last few weeks, drawn up based on past supports and averaging their area. that is acting as my bull scenario. ghost bars are a skewed mirror of the last 3 months and act as downward trajectory with a large buy target of around 10.6 usd if the market decides to dump.
sales were laddered with targets in the 14.75-15.80 range with 16usd as the max i'm willing to be greedy. entry was around 11.75
honestly wouldnt be upset or surprised if atom took a turn in the short term and lost around 15-20% since these past few months has been a boom time since the low of around 6 bucks."
updating that idea, it seems my broad path (yellow) was generous in the time it would take for targets to be met since there is some misalignment. i was banking on the moving average cross to fuel a rise to the 16 dollar area before rejection. i still have a buy anticipating retracement to the mid-high 13.xx area, having sold 2/3 of my position around 15.50. expecting a mid week fall to my short term target area. meltdown target is still the big buy box in the 10 dollar area, but that is a position on my weekly timeframe views.
im short term short, mid term long, long term long with caution
BTC Looking ForwardBTC has been ranging after the fall from 69k which has been great for ALTS, rather it's been great for METAVERSE tokens (SAND, MANA I'm looking at y'all). Looking forward, this weekend the general sentiment is that due to holiday in the states and it being the weekend, a dump further to 53-52 is imminent. I'm picking up big 38k vibes. While there are untouched POC's down in that region, and quite a large gap in 53-52 that would love to be filled in that volume distribution, there are also POC's above the current price that I think BTC is aiming for first. I can see another touch of 55 from here then fill out 65-67 leaving everyone longing for that 69 ATH, before retracing back to the lower 50's, 47.5 being a very strong support and my price in which i stay bullish leaning until broken.
Shiba Inu Token/CoinWe have seen Shiba Inu gain over 300% the last week and now we are in the correction which I believe to be wave 2 of 5. This is my short to medium-term forecast for Shiba Inu token. We have a complex correction which could either be a regular flat. I'm forecasting a regular flat, but we will have to see as the session go on. We have an ABC structure in the minor degree with a WXY in the higher degree. Both the 1 & 4hr RSI has set however the 1hr is slightly below 50 on the EMA, we should hopefully see a deeper correction before upside again for wave 3.
I am really hoping the creators of Shiba Inu have another burn to kill the supply as this will greatly increase the bull run in months to come.
Dogecoin price prediction I am an amateur and then you leave the gun analyzing trends I also have investments in Dough Co and I don’t recommend following my advice that being said I think we are at the bottom I think that prices might continue to do it but not as long as you think because there is a huge support base similar to that of GME.
Riding the Red Slide!NYSE:STNG
Bought puts at the very top on May 4th right when markets opened. Sold them today with some nice gains.
Rode the puts for 7.5% (The stock dipped 7.5% - about $1.60)
I was tipped off about this stock by stocksoptionschanel.com - they publish daily articles about unusual options activity.
>Homepage --> "Articles" --> Notable Options Activity Articles
I sort through their articles and find different options that stick out to me. From there I hop on Tradingview and run charts on each stock that interested me - I make a note of it, wake up the following morning, right when markets open, and place my orders. So far its been working great for me.
Let me know if this helps you, I would love some feedback/dialogue
Godspeed
USDCHF SELL: SYMMETRICAL BEARISH TRAINGLE FORMATIONThe Symmetrical Bearish Triangle ( SBT ) formed on the 4H chart. Entry to the the sell is quite tricky because price may buy on testing the SBT lower channel before a breakout.. A breakout and retest of lower SBT channel will be a further confirmation of this short entry. Price may break TP at 0.87602 to lower channel trendline but i don't know for sure yet.
Contributions are welcomed!
EURUSD SHORT: TRIGGER AND ENTRY USING RISING WEDGE PATTERN Price sold below the RWP (RISING WEDGE PATTERN) to 1.20952 before a pullback to retest lower channel trend line. A retest of the lower channel trend line is the trigger for a short entry which is bearish until the next logical support region. The first support region is at 1.20867-1.20789 and the second at 1.20269-1.20198 region on the chart.
The strength of a RWP depends on the measure of convergence of the trend lines at the apex of the channel trend. This is a good pattern for a short entry within a bullish trend.
Hope you've enjoyed the read, more RWP analysis ideas are welcomed!
SOLO Possible breakoutNASDAQ:SOLO
Hope it closes green tomorrow, then expect breakout from triangle.
QQQJ Analysis and PredictionNASDAQ:QQQJ My prediction of where QQQJ is going short term (as of 01/18).
Short Term (3-8dy)- Im expecting another sell off and red markets.
Long Term (3-6mo) - Im expecting BIG - $33 by March easily. Thinking about buying 06/21 $34c to play it safe. I bet the trading price will be much higher by Sep. Over $40.
Cant go tits up