This is very interesting.. the big wick is a fakeout. Please be extremely careful and use caution. The breakout has to happen over 12665 area and make comeback during the recession& inflation.. if the breakout didn’t happen then we will seek the break of the trendline and breakdown to collapse new low create. Let’s see how it plays and hope for breakout even tho...
There are those that are currently bullish on SPY whilst others are bearish... So I used Implied Volatility(IV) to obtain price targets, regardless of SPY's direction before you read... If you want to know the exact calculations behind using Implied Volatility to obtain price targets then check out one of my educational posts in which I explain how to do so....
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. BTC is still consolidating inside the symmetrical triangle in 4hr time frame. It is also forming a rising wedge-like structure here. Here are two scenarios for BTC: Scenario1 (Bullish case):- BTC will pump continuously from here and breaks out the...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. In my previous BTC post, I showed you that BTC is forming an inverse head & shoulder pattern and we got the breakout but it didn't go according to the pattern. This is just because everyone is talking about the same pattern (Inverse H&S) and market...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. BTC is still in a confusing situation where I'm trying to explain whether it pumps from here or dump. Let's get to the chart. Bullish Scenario:- According to the chart, BTC is forming an inverse head&shoulder pattern in 2hr time frame where the...
We Gon Be Alright - While BTC has crashed -$10,000 in one daily candle, we still have a very strong macro uptrend that is still currently holding. However, if that trend is broken on a daily close then we could actually see that $10,000 BTC every bear has been praying for. Personally I see the slow move toward the macro trend, then a bounce back up to eventually...
Btcusd is in very important area. If Btc will break up and do re-test to red resistance with big volume , We can see 47.000. This is good scenario. There is flag formation; Also ıf Btc will reject to red resistance, We are entering supper bearish season. For Now? Now I Usdt since 36.000-37.000. And I am waiting result; Up Re-Test or Reject Resistance? Wait...
Please refer to the chart for my prediction!
Hello traders and investors! 😃👋 This idea was not loading correctly last time I posted, but I would like to put it out there anyways I hope you understand. Here we have TRX(TRON) on a 6 hour chart, drawing is just for fun, but I am actually monitoring TRX to see if this can play out 👀🧐🔍📌🥳 This is a long-term investment idea📆📅 I have mixed feelings about TRX...
The world witnessed December 17, 2017, in which Bitcoin's price briefly reached its all time high over $19K. And shortly in less than a week time, on December 22, 2017, it swiftly fell around $11K, a record fall of over 45% from its peak. The interesting thing is: the Pi Cycle Top flashed right about on the ATH in 2017 cycle. The same has reoccurred the second...
My Fellow Crypto Traders, Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy...
My Fellow Crypto Traders, Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading!
ANALYSIS: BTFD! S1 holds @ $11.93, will validate entry. Possible flash crash to sub $11. 40 as 50EMA looks to cross the 200EMA. "BEWARE", if BTC decides to test the 200EMA, LINK could look to find some footing from the S2 @$10.49
NASDAQ:TSLA TESLA so far has proven everyone wrong. Hopefully the new earning report and announcements will attract new/existing traders and investors to overpower the market again. As far as technical analysis goes, I think we will need to see a few more bullish candlesticks to call it a proper breakout. In terms of momentum build up and a proper squeeze in...
Price has reached a major demand zone. Lowest its been in 2 years. With signs of price exhaustion we could see a bullish bounce
Where we heading next? I'm really inclined to go short as the Fed are 95% going to cut rates, but i need a set up. Let me know what you guys think
Chop city, but we are seeing some nice retests on the lows and some more bearish looking ones on the highs from this previous 4 hr block. Would love to see things fly up to $4500ish, getting all of CT bullish just before a massive rejection and dive to $2800-2600. I love the carnage