Traders, This recent drop in Bitcoin price has caught many traders (including myself) off-guard. Unfortunately, we cannot always get it right and when we do get it wrong, it is important that we drop any preconceived ideas we hold and honestly re-evaluate potential price action. So, that's what we are doing in today's video. We are only going to look at Bitcoin,...
We experienced another sell-off in cryptocurrencies, bringing BTC back below $59K. As a reminder, we still have a second limit set at $55,236 for a Bitcoin swing trade, and we plan to hold this position as we approach this level. This limit has been in place for several months, and sometimes patience is required. Our limit is precisely at the 24 Q1VWAP and 21...
Hello as you can see we have 5 waves up and an abc correction. we are working on the C wave and i expect it to hit 54.7k because that is the 1.1 extension fib of wave a measured from wave b (be careful tho as wave C can go to 1.618 which would be 44k i dont see that happening this time tho as we still need to make a wave 5 on the super large time frame), as well...
Leaving this with almost no description intentionally. What is the community thinking about it?
Well traders, guess where Bitcoin is at? Once again, it is flirting with our multi-year support/resistance trendline from 2019. It seems that it just can't pull itself away. Like a magnet, Bitcoin continues to be attracted to this level. Now, if my projection of the inverse head and shoulders pattern is correct, then we should pull up and away soon. However, this...
Good evening and I hope you are well. Let's do some single stock trading ideas. Palantir. comment: The stock that lives on hopes and dreams of people who know few about IT and much less about data & analytics, much like Snowflake. Go look at the Snowflake chart. When I have read the ipo price in 2020 I told everyone it was a bubble and the stock should trade...
For those who have been following my Bitcoin prediction; I am expecting a major drop from around this current price point.
Next Best Current Support Is Between ($64500 - $66600) BreakDown Will Lead A Flash Crash Till $60K With A Possible Wick Holding The Support Can Test The ATH($73777) Again Till Then, Make Sure To Use Proper StopLoss Bitcoin (Update) Next Best Current Support Is Between ($64500 - $66600) BreakDown Will Lead A Flash Crash Till $60K With A Possible Wick...
Short term uptrend broken. Is heading to the uptrend line from Jan 2022, and I think it can break it down. I'm already short in Dollar against AUD and GBP and I have been adding. And I will add even more. To make it even worst for the Dollar the index broke down the uptrend with a HS. I don't need another trade to close out the year. This is the one, all in. I...
We have two setups here in either direction we have been screening ROSE and ONDO for quite a while now and we want to bid both this short and the long. We let those things run over the night, therefore we play it with a hard stop. On ROSE we have been ranging for quite a while and we finally broke out and cleared out the imbalances that have settled on the sell...
Pepe is in a massive wedge. Here are some levels to watch. Stay safe and stay profitable. - Dalin Anderson
Watching for wave 4 here on Bitcoin. Could pull back to 50k Stay safe and stay profitable. - Dalin Anderson
I'm expecting 2 fake-outs Before a she crashes
I hope you guys enjoyed the video; if you have any questions or comments. Feel free to comment down below.
After the market closed yesterday, Petrobras, a Brazilian stock, released a new earnings report. We're analyzing it in Brazilian Real (BRL) to get the most accurate view of the chart. On the weekly chart, we anticipate a mild but noticeable bearish divergence, especially since the beginning of 2024 when the stock has significantly appreciated. There is...
Let's take a closer look at the Bitcoin chart, using a three-day timeframe. Here's the scenario we're observing: we've developed a significant bearish divergence. Additionally, Bitcoin is currently in a short but valid sideways phase, indicating an impending decision on direction—upward or downward break is expected in the coming weeks. Our analysis leans towards...
So, this is a slightly different look of another chart. Basically, we might be seeing this play out in real time. This pattern is scary where the price currently sits. and to where it can head. What is the pattern? Trace 2018 to Covid and then into recovery and correction. Bring that to the current move, pattern, wave... whatever you want to call it. It's...
So, for anyone who likes to watch certain movements. A big one is about to occur. A rejection from this break is the covid drop. about 30% and some. However, the end of the cycle, if you believe in those kind of things, would be a 100% retrace of the impulse with a little extra on the downside, which closes all gaps, I believe. That takes us down below 200. It...