Just a follow up on the previous chart everything is STILL technically BULLISH!! Coming in for a retest of that bull flag / trend line check out comments below for the big picture. Shakeout before the breakout!
After a fairly long consolidation period folowing all the hype in January, it appears that Dogecoin is about to make a breakout from the small bull flag that formed atop the breakout from the bullish pennant that spanned from January 28th, 2021 until April 1st. This could be astronomical. What are y’all’s thoughts here?!? I am not a financial advisor. Make...
Looking at the 30 minute chart, we can see that $GME is forming an inverse head and shoulders pattern. However please note that prices are yet to break above the confirmation line which is right around the 220.00 area. An important factor to note here is that the right shoulder is forming above the 5DMA and the slope of the MA is positive. I therefore expect...
For the first time in history, the average Joe can make a real fist against the financial system. In 2008 there where a lot of financial companies who were bailed out and lots of average Joe's had to pay the bill. The wound is still open, the debts were real, the houses they had to left, were real, the cars they had to live in, were real. Their PAIN is REAL....
Watch as the Diamond hands turn to Crystal. On March the 17th I called the end of the Bull run on Twitter. Good opportunity for short Futures or Sell trades whatever your flavor. Weekly: Price closed just above the previous Top, although this would generally not be considered a Double top, nothing is perfect in the world of trading. Its a strong bearish signal...
TECHNICALS Elliot Wave Theory Fractals look consistent so far Volume is rising since mid-January, meaning continuation (better seen on the 1D chart) Stochastic + MACD indicators showing BEARISH on 1hr chart, but BULLISH on 2hr/3hr/4hr timeframes. SUPPORT LEVELS 176 157 (lowest level I expect it to go down to) 116 85 FUNDAMENTALS Quadruple...
There is a CwH that will complete in the next few days or so. It will also be consistent with an established trendline and the Gann Fan I've been using with great success to track the price action. I'm very bullish on GME. There are more short positions than there is stock, so all we have to do is wait and this thing can go up as much as there is money in the...
So yesterday i day traded this stock in the first 30 minutes of the open. My favorite day trade strategy formed and i was able to buy in at 3.35 and sell at 3.60 within 15-20 minutes for a nice 8% return. However i got greedy in the afternoon and decided to reenter (with bigger size stupidly) for a sympathy bounce as price was flirting with support at the $2.85...
Todays trading plan. Wide range will shake down the market Paper hands will burn Burning paper turns into carbon Carbon takes the heat and the pressure AND DIAMOND HANDS ARE BORN!
BTC just broke out and saw some huge gains. Do you think it will hit new highs!?
Nice double top on the 4hr with price breaking and testing the 150EMA currently. 1hr is showing a triple test on the minor trend line within the channel. We are sitting on our hands waiting for price to break 1.26000, with a potential move all the down to 1.24802. Diamond hands 🙌
it can dive to the bottom once again ... stop above 180$ Oo
Has the FINAL Short Squeeze begun? Is the Prophecy coming to pass? Is Armageddon finally here...... Hedgies will begin to run.... and by run, I mean COVER.... Good for us. Price is up from 52+-, TO 80+ opening 30 minutes. Volume is higher than it has been in the previous 6 trading days for GME. Broke multi day trend lines. Is reproaching the 200 day EMA at...
This could be bullish in the short term if this double bottom performs well here on the 15 minute. We broke $1400 support so we are of course in a bearish trend. "if its up then its stuck" , not in the case of Ethereum. What goes up too fast can cause corrections like this, in terms of long term growth, pull backs like this in my opinion is very healthy. Keep an...
Just as many other symbols are going up and completing blow off tops with evening stars, here is another one. SOS has went up about 400% within 4 day with a major gap and gap down to end the move with an evening star. The target is about $4.50, which is the 1.618 fib extension level of the first leg down and also the structure area of the break out. The move...