Hello, dear subscribers! Let's take a look at current Bitcoin price action. We can see that the Head and Shoulders bearish scenario was cancelled becauce the neckline area was not broken. There was also the danger of dead cat bounce scenario that could means the end of bullish rally but the price was able to find support above the 61% Fibonacci level according...
In range-bound market, bottom reversal happens far less often than when the market is in the clear uptrend. However, if Aurora's monthly POC holds up, it's not hard not to see at least some relief bounce from the stock that's so beaten down. That being said, there are better marijuanas stocks out there. Aurora is only good for swing trade. Invest in MJ ETF for...
I found this pattern at tickeron website with the following data: STATUS = Confirmed CURRENT CONFIDENCE = 70% TARGET (EXIT) PRICE = 12.38 USD BREAKOUT (ENTRY) PRICE = 12.66 USD DISTANCE TO TARGET PRICE = 0.64% EMERGED ON = Oct 02, 12:00 PM (EDT) CONFIRMED ON = Oct 02, 02:55 PM (EDT) WITH CONFIDENCE LEVEL = 73% The Dead Cat Bounce pattern appears when a...
Hello traders and investors! Let’s see what’s going on with Tesla now! As we discussed last week, Tesla is now in bull territory, as it is trading above the $ 408 again (red line). The false breakout didn’t occur, and the idea of a Dead Cat Bounce is off the table, at least in the short-term. Now, the momentum is bullish, and as long it keeps doing higher...
Hello traders and investors! Let’s see how Tesla is behaving today! And since it is Friday, we'll do a complete Multi Time Frame Analysis on it. First, we may have something new on it: Tesla triggered a pivot point at $ 398. Now, Tesla hit its resistance at $ 408 as we thought it would in my previous analysis, and now it is struggling around this point, which...
If 1929-1930 is anything to go by, about 5-6 months.
Ah, cheap and great investment Wirecard just made a new low. Now is a perfect time to tell their story. Massive hordes of "investors" blindly piled on this hyped ponzi based on lies. And then they laughed at the bears and said they were mad they missed out. And then the CEO went to jail and it went to zero. The end. Thank you for playing. They say investing...
Sometimes inverting the scale gives an interesting view on a chart. Looks like there is a perfect "dead cat bounce" pattern on the inverted monthly XAU/USD chart. What do you think? Will the dollar recover? Or is it doomed?
Is stock market actually in massive dead cats bounce? I compared current situation to 1930's crash, and mapped the possible bottom. If we are in dead cat bounce, then the real bottom is way below current price.
Motivos para aceditar que estamos apenas vendo um "pulo do gato morto": 1) Atingimos a retração de 0,618 de toda a queda; 2) Atingimos o alvo de 100% do pivo de alta que se formou na reversão; 3) O alvo atingido está no mesmo nível da mm200 que é uma média bem forte; Além do preço atual ter atingido o alvo dos tópicos anteriores, deixamos um martelo invertido...
I been following the bounce peacefully these past weeks. But now something is up. A head and shoulders pattern form on the 4h and It is on the verge of completion. If true it may be the beginning of a correction. Target (2636) Stop loss if the price goes back above the right shoulder (2942). We can see impulsive waves on the way down meaning that the...
Looking at the SPX500 Futures: 1. Looks like we could be at the top of a Dead Cat Bounce 2. If this is not the top, a potential tap off the 200 EMA would be where I would expect it to dump Fundamentally due to covid and the world being under house arrest, I would not expect markets to continue to rally and I am bearish as you can be on a Macro...
As seen there is a historical low resistance level @3123.7, and a fibonacci ratio of 0.382 @3091.265 I've tried to draw the small bullish trendline which will be colliding with these very soon. This might indicate an end of this short term increase and a fallback to the bearish trend known as the CoVid19 crash or atleast a long term battle trying to break through...
Whales dump it to 2019 as a joke, then start the DCB. stoploss in place. *Not financial advice.
Analysis on BTCUSD with the pattern Inverted Dead Cat Bounce, that happens after a Dead Cat Bounce. Price rises more than 15% in one day after a downtrend, showing a 4 weeks possible scenario. At the end of this period, there would have some opportunities to buy again. Sell on the 1-2 day of the event. A White Spinning Top candle pattern appeared at the start of...
Reached 250 faster than anyone anticipated and it's not looking good at all, 213 would be the last point of resistance if this continues to go down then we'll reach "DEATH" point. 234 is the next mid point and may bounce but if it doesn't hold then goodbye. uc.
This sudden highly volatile upward surge doesn't bode well long-term, imo.