TSLA second wave of correction Decision levels to watch action at are 704, 637.
IF market moves with sharp or progressively grinding lower lows through these levels
THEN assume targets of 450, then 385 by November
ELSE market enters an extended triangle-like sideways market with equilibrium range 590-710
NSX
NXS/BTC is in a HUGE BULLISH FALLING WEDGE & now DeFi!NXS/BTC is in a HUGE BULLISH FALLING WEDGE & now DeFi!
Trade safe my friends.
BINANCE:NXSBTC
NSX Nasdaq, nearing potential bounce areaHi All,
As mentioned in my last post on the nasdaq I mentioned two levels the 9000 level at the top of the rising wedge and the potential of a 9700 extension which is what we got before turning bearish. I am expecting the 8000 level to hold, I believe big buying from central banks will arrive there because that will be the -20% level which needs to be protected if we close below it is officially a bear market and reversal. I expect a deadcat bounce to 9000 level (top of wedge) then continue down for next extensions
NSX Nasdaq Possible TopI believe the top on nasdaq (which is the leading index IMO) is in. Based on the A-B pattern (5700-7800) from the dec 2018 low, we can make an extension showing the key levels. 1.18, 1.27 and 1.618 (the golden extension). the top of the weekly wedge started mid 2018 has been hit and corresponds to this 1.618 extension. we have a very high oversold condition and divergence on macd and on RSI. I do think there is still a possibility for one more leg but the probability is low. this would be 9700 using the distance of the head and shoulder pattern (from shoulder to base) extending it from the neckline - that gives us 9700. I originally tried to short at the 1.27 8500 with a tight stop and then waited for the current extension. I am short with entry 14/01 at 9077.
If you like my idea please give me a thumbs up.
Thankyou
NSX/BTCKeep it simple!
Green box is where you buy, Orange box is where you take profit. At each profit target I take out 20% of my initial trade.
If NSX hold the green box range and respects it as support then we can see NSX test previous resistance levels. However, this coin has a low volume so is possible that NSX will fall below the green box. Because of this I would have a tight stop below the green box.
It is key to note that the boxes are a range - therefore I ladder into my trades, which gives me a better entry and exit price.
Oh the virtue of leveraged ETF during a bull market!! Nasdaq100 (NDX) Vs ROM (Double leveraged US tech ETF) Vs TQQQ (Triple Leveraged US Tech ETF).
To all the naysayers.. that leveraged ETFs don't track their underlying index by the amount they're leveraged to. Look at the following long term chart. In a bull market, they more than adequately do!!
NDX- x3 return since march 2010
ROM- x8 returns since march 2010
TQQQ- x33 returns since march 2010
U.S. Stocks: The Historical Double TopThere's a storm brewing. Finally, the time is coming when we can see the great market crash.
This textbook example of a double top indicates its price has reached the stratospheric level.
It goes without saying this pattern also can be seen in Bitcoin last year. I hope nothing happens.
NASDAQ Daily UpdatesNASDAQ
Eyes on Target 1 to the upside .
JOIN THE TELEGRAM FOR EXCLUSIVE SIGNALS @ RSADVANTAGE
Profit expectations: 15-30 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.
Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and Oscillators that properly detect trends very early and provides exit signals at dynamic S/R zones once the trend has ended. // Average yearly pips gained is 40k per pair on D1 charts alone. I have provided a similar limited version of the system on Trading view to help traders visualize the strategy.
NXS - Nexus - (580%+ Potential)Chart analysis by request. (Training)
Signals:
- MACD Bullish divergence.
- Chart formation = Triangle.
- Bounce from low point (0.0000940).
Notes:
* 1Day Chart.
* Attempt at breakout can happen around 13-14 Dec.
* Targets black lines.
* Long trade.
Basic trading tips:
- Buy low, sell high (can't go wrong when you buy at the bottom).
- Remain calm at all times.
- Do not take action based on fear.
- If you feel nervous or in panic mode, go out to the beach, river, woods or burn your computer.
- If you can't take a red candle, stop trading right now, you are giving away your money.
- Diversify. Don't put all of your money in one trade.
- When unsure, always use a stop-loss.
- Set sell order before the time to sell comes.
- Tip the trader who made the analysis for his hard work, regardless of what happens with the trade.
- Learn to play poker... Oh no wait, that's just a joke. HAVE FUN!
- & GOOD LUCK.
- Joy, peace and love.