Entry
NEBL/BTC Warming up for the skyWe're currently into a daily resistance block, and since we still haven't bounced hard off it and are proceeding to make higher lows, on lower timeframe, we can assume that the buyers are trying to push it through that resistance eventually.
Target is based on the weekly + daily resistance blocks.
Two possible strategies for the target of around 5627 to 6400 area.
- Aggressive:
Buy now, stop below previous low (3821)
- Tactical:
Buy on the retrace once it breaks above the daily green block with a stop below it, or based on the lower timeframe that develops in the meantime.
If it starts repeating the same scenario like now when it gets there, there might be even larger targets in play . But we'll get there in time.
What's happened to 'the Gold rush?This is a short screencast showing an excellent entry position. (this is not advice to enter a trade).
The gold market is holding it's breath I think. Keep in mind that generally Gold has an inverse correlation with Stock Markets in troubled times. I suspect that people are watching for a Halloween Effect, or something with the Stock Markets - so they're probably a bit anxious to jump on Gold. If the Halloween effect happens then price of Gold sinks.
But if the stock markets make a conclusive move south, I'm expecting RSIs to go on fire in the north direction. We shall 'have to wait and see' as Mr Trump often says. :))
I - Intellistat (Satellite Comms)Comparing Cboe VIX VIX to I I
Currently leaning toward lower fibretracement, but we're talking about low earth satellite comms for 5G, Gov, Mil, all things big data or stock wouldn't have crushed it last 18mo.
Just a note here in case reaching lower fibonacci retracement for entry.
Nice bounce on well-respected support and the 61.8% retracement
NASDAQ:NFLX
NETFLIX had a great bounce here at well-respected support and the important 61.8% retrace. Having closed above the 200 simple moving average this chart offers a decent risk reward setup.
Having said that, one should be aware of the somewhat debatable head & shoulders pattern on the daily weekly.
WTI (CRUDEOIL) – even more 80+ nowHello everyone,
Sorry, but I have to adapt my count. And now, I must say: it’s absolutely good for 80+!
The new count:
Wave 4 (purple in brackets) ended not at 63.57 (this was just corrective wave a, blue in brackets). Wave 4 ended at 64.40. Since then WTI has made a huge 1-2 setup, as you can see in the chart above (blue in brackets). So, if I am right, WTI will start wave 3 of 5 of 5 of 5 of 3 now. This means, that WTI is not even good for 80, but eventually 90+.
If I am wrong, WTI will collapse down under 60. It is important, that 64.40 will hold, if not, the count is dead. So, be careful.
Don’t hesitate to contact me, if you have any questions or other ideas!
Take care
tgo
EUR/USD – the next act? (3)Hello everyone,
still in plan!
Yes, wave 2 (purple in brackets) has strained our nerves, but I think EUR/USD is now good for the next 1-2 Setup. If I am right, sooner or later we will see courses above 1.20, so the potential is huge! Maybe the last chance to get in for this rise.
BUT: If the last low won’t hold, EUR/USD will collapse down to parity. So be careful now!
Please leave a comment or a message if you like!
Take care,
tgo
NAK showing a Bullish divergence All of this is speculative, do your own reasoning. Opinionated analysis.
Okay lets break this down.
GLD in general looks to be making a trend to the up. Obviously NAK would relate to that movement. (or could)
Now on the 4hr Chart I have plotted 2 dotted lines one on the Line graph and one on the RSI.
* a bearish price
* with bullish pressure
the Volume Flow Indicator has also seem to show a nice reversal cup in about a 1 year span.
A Long trade would seem in effect, target unidentified.
Happy trading!
WTI (CRUDEOIL) – Still good to go to 80+?Hello everyone,
Absolutely yes!
WTI has made it nearly exactly as predicted in my last analysis (please check link below).
BUT: WTI is at a sore point now. If WTI falls through 69$ and is breaking the trend channel on the downside, we have to face much deeper courses, as mentioned in my last analysis.
So, be careful now!
Take care
tgo
Bitcoin – boooring… same as two weeks ago…Hello everyone,
Even though or just because BTC is going nowhere since days, I expect a final sell-off as I explained it in my older analysis (please check links below).
I see only a very small chance for a direct break out (5%)! The problem is: we have to be patient, and this is something we all hate, am I right?
Sorry, but it’s the same chart as days ago, because there is no movement… besides sideways…
Please leave a comment or a message, if you have any questions!
Take care
tgo
Tron - does that work now?Hello everyone,
trx is going as planned through the chart, it seems.
Scenario 1 (green lines) – chance 70%
Trx has a good chance coming up to a new price-level. It seems that wave 2 (green) is completed at 0.020. If so, trx will go up forming the first significant 5-wave-structure to complete wave i. If that happens, it will be a very good sign for all investors to get in the market. We then will catch the bottom of wave ii. I will give an update then.
Scenario 2 (blue lines) – chance 20%
Wave 2 (green) is not completed yet. If so, a perfect level would be at 0.019. If this level doesn’t hold…
Scenario 3 (red line) – chance 10%
…will be more likely as it seems at the moment. If 0.019 and lately 0.016/0.015 will not hold, we will see much deeper courses, as I mentioned it in my older analysis (please check links below).
Please leave a comment or a message, if you have any questions!
Take care
tgo
BTC/USDT 3h - Levels & FractalsHere are a few key levels and trend lines for BTC. If we fall below our current support, you can expect a bounce at those levels. I've also included fractals (the dotted lines) to help identify levels gained and lost. You can also see where I've went long/short on past trades. Good Luck, and don't forget to set that Stop Loss!
ICX appears to be within an Ascending Triangle pattern.ICX/BTC appears to be within an ascending triangle pattern. This type of pattern is usually bullish. I've laid out a few scenario's of what I think will happen.
Scenario 1 (Green Arrow): ICX/BTC bounces off the sideways support (around 1000 sat's) and moves to the upside breaking through the top of the ascending triangle (around 1090 sat's), of which the target area would be around 1250-1300 sat's.
Scenario 2 (Yellow Arrow's): ICX/BTC bounces off the sideways support and moves to the top of the ascending triangle pattern before getting rejected again. It could then retest the sideways support a second time before moving up and breaking out of the top of the ascending triangle and then starting its move toward 1250-1300 sat's.
Scenario 3 (Red Arrow's): ICX/BTC fails to hold the sideways support and breaks to the downside. Additionally, it could successfully hold the current retest of the sideways support, move up to the top of the ascending triangle, get rejected, then fall back down to the sideways support line before eventually breaking through it to the downside. If this occurs, I will be watching 850 sat's as a possible area of reentry, and if that fails to hold, then 790-800 sat's. (790-800 sat's was the bottom we hit back in mid August, and was the springboard for it's move to around 1450 sat's in late August.)
RSI on the 4-hour is seeing a little movement downward, but it's fairly neutral otherwise. Daily RSI is neutral for the most part. MACD on the 4-hour did get a bearish crossover around 11 PM on October 3rd, indicating a potential for more short-term downside. Daily MACD got a bullish crossover around September 20th, and the Weekly MACD also got a bullish crossover around September 24th which could indicate upward movement on a larger time frame. To go along with that, Stochastic on the 4-hour is oversold, and could see a turn-around soon. Daily Stochastic got a bearish crossover today, but that might coincide with our retest of the sideways support line, so I'm not reading too much into it, especially with the 4-hour Stochastic oversold. As always, keep an eye on Bitcoin and it's price movements as well, since it can be a major influence on alt-coin movements.
Entry: 998-1015.
Target: 1250-1300.
Stop-loss: 955.
--This is not financial advice or financial recommendations. This is merely my opinion. Do your own research and come to your own conclusions before buying/investing. I am not liable for any losses incurred.
Where ETH is heading. Full Technical Analysis ETH Entry ExitETHEREUM PRICE ANALYSIS & TARGETS
---------------------------------
“Buy the Rumor and Sell the News"
“Buy when there's blood in the streets, even if the blood is your own."
Are you following above statements?
If not, please follow - that's what will make you a good trader.
Before we continue, keep in mind that ETH is 2nd in Marketcap.
Vitalik is SMART. He will be coming with huge updates and surprise.
ETH has touched 890 few months back, but at this price is GOLD, if you are holding for few months.
In case of ETH, when it bottomed to 167, i told everyone grab it, its the best price. In a matter of 10 days we got a whooping profit of 61%.
ETH currently moving in sideways from last 12 days with an avg. profit of 11%.
As on date ETH is surrounded by some negativity in media streams, I never focus on these news, because next day they will publish its opposite. Believe in FA of ETH. Its very strong and new updates are on way.
Ethereum’s core developers held another meeting, Aug. 31, to further discuss the world’s second-largest cryptocurrency network’s four-stage development plan–including additional details on the Constantinople hard fork and Casper.
Key points
ETH price above 61.8
Entry btw 200-204
Targets 232, 248, 255, 298, 337, 366
Stop Loss 195
RSI 51 is key level, if it breaks up - price will go high.
MACD we will see red over blue/green overlap.
Once you take entry make sure to book profit at current levels.
Now what if price goes up.
If price croses above 232 next targets will be 248, 255, 298, 337, 366
So keep an eye on RSI & MACD.
EMA 21 is acting as resistance, if we break its good.
If you liked this analysis, make sure you click like button and share with your friends and dont forget to follow me.
Take Care
Zia @open4profit
You may see little bit price drop to 204.
NEMUS Bioscience - Possible Entry for medical pain therapyNMUS
About: NEMUS Bioscience, Inc. ( NMUS ) , focused on the development of cannabinoid-based therapeutics to address global medical indications, especially those of unmet medical need.
Entry better on 4h / 1d vs 1w chart here and another CBD stock missed entry for self note.
Watching to see if breakout from current level. Future entry TBD. Watch out for random "cannabinoid" being said in your meetings today with TESLA. @pokethebear
I do not advocate THC use and consider the current opioid epidemic to be another on-ramp for alternative break-though medicine. Lipitor to Pfizer, Embrel to AMGEN? 10-1 baggers/3 yr focus. #pharmaindustry. 65% insider owned & no sells on record.
Combining Fibonacci with TDIUsing triple charts, TDI' Complementary Overlay, TDI' PRO and a basic entry rule we can make profitable trades possible.
Based on the condition of using an account with just under $5,000 trading account capital, with 1:500 leverage, with a deposit margin of ~$80, a single trade with lot size of 0.35
~ $310 Profit, 1 trade in one day
Third Chart use example
Ethereum – One last mile to go…?Hello everyone,
Since my last analysis about ETH, we saw version 2 pushing through (please check link below). It seems that the region between 188$ and 120$ is an important key-level (basement). From an Elliott-wave perspective I would think that the last wave 5 of 5 of Y of 2 isn’t completed yet, so we have eventually the last mile to go in front: 120$ as a perfect turning- and entrypoint.
BUT: if 120$ will not hold, eth will go down to about 80$ or even 50$. We should keep that in mind and assess this later on, when we have more information about the wave structure.
Take care,
tgo
Theory: Prev Chikou and Kijun PA can indicate SR levels*PA == price action
Circled POI:
* Past Chikou bounces
* Past Kijun
* Current Kijun as 50% Fib retracement
Thoughts? Thanks