Did I get the spiderman line right? It must be close to that. idk. Either way, a neat trend setup on SOL to share. A drop to 83 can spike to 115. This is per technicals. I would say there is a greater than 50% chance we see a move to the upside soon on this trend break, and then a big retracement down to the mega trend, but again, it doesn't have to go anything...
I have made some calculations regarding potential stock market development in the S&P500 in the coming months. There is of course no guarantee that it will turn out exactly like this, but there are very interesting mathematical correlations in an optimal scenario. Since January 2018, the price has been inside an ascending channel with a couple of hits at both...
The recent top is our first pivot point, we will anchor short entries below the 472 level with target 1 at the previous top 384. This is the first test trade against a pivot top and a tight stop range should be set. There is a massive short upcoming which will be a steep fall, a crash fractal unless the cycle alters in an unlikely event. Trade safe, stay...
Not much of a technical analysis as we can see but there is not much we can do about it. The chart is just parabolic due to the high amount of big companies hedging against the worse-than-expected harvest. The fundamental analysis could not be much of a help either because nothing can resonate with such pricing for the cocoa. This type of trade is just speculative...
As you can see BTC couldnt close above the weekly structure high and now it's making a SCOB confirmation . if the price close blowe the 63100 in weekly timeframe then we could see 40K & 30K & 20K & 15K & and 12K we have an extreme OB on 12K and if it drops to 12k we can buy to 74k again.
After Trading for some time ive gotten into all types of analysis, i personally found Elliot waves and Fibonacci retracements the most interesting, i look at long term and short term trends, and the other day i was looking at the S&P500 and DJI over large spans of time, and the more you trade using patterns and waves things just click when you see them, I...
Nasdaq (NQ1): CME_MINI:NQ1! Examining the Nasdaq on the daily chart, it appears we may have indeed reached the final level of the potential primary scenario Wave 3 at the 461.8% extension, which is around $18,400. Now, we should be entering a Wave 4. If we continue to rise beyond this point, we might consider an alternative scenario where there is a bit more...
Thanks for reading this update. IF btc can gain below 67500 in the coming time frames with confirmations, then is BTC able to show a huge recovery trend which could bring BTC below 60K, to 56K Target. Even the ETF hype trend can go over as the AI, and it can become a normal trend as we don't have a hype trend for APPLE of other stocks at this moment. If we...
BTC shows historical 2 backgrounds return around these zones. Is BTC going to return for time 3? the most wait for the ATH, but it's possible that the trend can play before. ATH = psychologicaltarget. Is there a possibility that ATH can come? Yes, its possible, but same time also a high risk. We will follow the trend for confirmations.
We have seen 2 times rejections from the trend of ATH. BTC will stay RISKY for the next correction until the trend gets confirmed up the ATH. The ATH area will stay a risky trend for high correction which can bring BTC again below 60K. We can speak only about healthy trends when BTC targets up ATH with confirmations and the right time frames. Until now BTC has...
Wild but expected by myself. Careful out there friends. Very simple trade here. Take your time, short bounces. BMRs can be violent. Make sure to buy time.
We did Follow BTC below 42K, until the high increase as the below idea shows and we did confirm it with more positive charts. We are checking on the low frame if there is some confirmation that can allow BTC to break down to 59.6K We found out that 59.6 is an important level that BTC should hold, if BTC is not able to hold 59.6, it can return to the 50K...
Today, we're taking a closer look at the Dow Jones Index, specifically the E-Mini Dow Jones Futures. It appears we're in Wave (2), overshooting the target and forming an Expanded Flat correction. If there's a turnaround here, typical for such waves, we might see a correction somewhere between 50% and 61.8%. We consider more than 78.6% unlikely, so we're betting on...
People aren’t thinking straight it’s about it will go up and up and up .. no we are not those 70% of people that can’t even see reality and went all broke. Souls know when you bought; all time high hits and bull trap coming to bearish if I were you sell now or lose all you have. Anyways now the stock big congrats hitting the new all time high but what will happen...
A mayor crash is due soon, T10y02y spread just trigger my entry point. I will be opening a short position on SPY. A huge short position
Since Microsoft bought ChatGPT back in March 2023, the price of NASDAQ:MSFT stock has gone on to replicate the same pattern as the 1987 S&P500 stock market rally. Does it mean anything all by itself? No. It still needs a catalyst for the drop to happen. The 1987 stock market crash had many triggers and catalysts and the drop was a sharp 40% from August 28th,...
JPM might have a bad week? Maybe bad Feb? idk yet, however, from technicals, it seems like after 181 or so, and especially after $210, there isn't much upside showing. Likely meaning, the risk far outweighs the reward at those levels. IT could be big, and it could be fairly quick. if you're shorting, yeah, these are great times to consider entering. The...
Personally, I think a lot of banks are going to get hit really hard. WFC is on an edge and it doesn't look good. Here's the chart price targets and trends are marked. If this thing pumps to some of these rejection zones, I'd look to enter short. Who knows, we might already have hit top. The drop from current price to the targets low is around 40% and 60%...