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BTC, ETH, CEL, DOGE, SOL, ICP I want to see BTC Start the new week candle slightly above or around $22,300. What I am looking for going into this Sunday's candle for BTC and what I want to see in these other coins for places to enter. I also looked at some other things regarding these coins. Probably not that useful for the things that have already happen for people that do not use my indicators to trade, but as always to those that do it is pretty straight forward and simple.
BITFINEX:BTCUSD
by TrendLINEBoys
BTC Comprehensive UpdateYes, this is a 20 minute video. But I speak quickly. This Idea is meant to be watched as a video. If you do not watch the video and only read below, you will not get much from this idea or may get the wrong idea. Overall I have been short (Not in market) since the reversal in the stock market on April 5th and 6th. I go over all this in the video and I talk fast. So there is a lot of information to see. I don't want to put investment strategy short, because I don't really want to say that where the price currently is, is a good spot to short. It seems odd to too heavily before any non crypto markets are open, but after they closed for the weekend. Considering the market was pretty obviously bear on Thursday and Friday. Possible targets if we drop below 28k and have some bad price action are then to around 26.9k and most likely between 22.35k and 23.3k. For me to feel bullish on BTC I would have to see several things. It is too complicated to explain without showing the chart, but I mention it in the video. It is worth the watch. I reference the most important things that I look at to determine bitcoin price movement. Based on the Schiff pitchfork, It looks like the lack of movement in BTC is actually distribution and that we have failed to hold the key channel (Jun 1st). We also had a hard rejection of the top of the current channel on Jun 6th. If you have any questions feel free to leave them below.
BITFINEX:BTCUSD
by TrendLINEBoys
Intel (INTC) ... A Confluence of Positive PatternsA suggestion for those looking to establish a long INTC position. 1) Intel has traced out a bullish Butterfly pattern going back to November of 2020. 2) Price action has taken it to a Pitchfork bottom. 3) Within this is a Bullish Black Swan Harmonic. 4) My momentum indicator suggests near price exhaustion to the down side No guarantees of success but I am looking to establish a long position. I need a sign of a clear reversal both in the broader markets and for INTC. A breach of $39.19 will probably be my INTC price entry trigger. Upside price targets are indicated. Not investment advice do your own due diligence and pay attention to the broader markets and interest rate trends. Good Luck S.
NASDAQ:INTCLong
by Steve666
2
BTC/USD - 1 day chart analysisLooking at the BTC/USD daily chart we can see that BTC is still under its Least Squares Moving Average as well as still under its Bollinger Bands Middle Band Basis 20 Period SMA. Note that we have expansion of the Lower Bollinger Band. BTC is still in a Descending Pitchfork Pattern and has found some support from its Upper Green Pitchfork Support Line. Note that BTC is still above the Descending pitchfork Median Line. A drop to the Pitchfork Median Line would take BTC to around $20,000 which is new its 0.786 Trend-Based Fib level at around $20,122. I have added various Support Lines on this chart and you can see the major Descending trend-line that BTC must CLOSE ABOVE and if needs be to successfully re-test as support on this 1 day timeframe. There are more support lines i could add but the chart would become too messy. Looking at the Trend-Based-Fib Extension we can see that BTC is still under its 0.5 Trend-Based Fib level around $30,352. Looking at the Volume Profile Visible Range (VPVR) we can see areas of interest that that might arise that has previously had massive volume. These levels coincide with the Support and Resistance Lines that I’ve added. The Volume Profile Visible Range Point of Control (VPVR POC) for this charts Visible Range is at around $19,112. I have added a Volume Profile Fixed Range (VPFR) indicator which is from 27th Mar 22 to 11th June 22 and as you can see BTC is still below its Volume Profile Fixed Range Point of Control (VPFR POC) for that fixed range. Here is a closer look at this 1 day chart. Looking at the Moving Average Convergence Divergence (MACD) we can see that the MACD Line (Blue Line) is still in the Negative Zone under the 0.0 Base Line on this 1 day chart. Note that it looks like the MACD Line (Blue Line) may cross back under its Signal Line (Orange Line) creating a Sell Signal for this indicator on this 1 day timeframe. Looking at the Average Directional Index (ADX DI) we can see that Negative Momentum has increased with the -DI (Red Line) rising to 25.39 and Positive Momentum has dropped with the +DI (Green Line) dropping to 15.50. Note that the Trend Strength is now turning sideways with the ADX (Orange Line) at 24.18 and the 9 Period EMA (Black Line) is heading downwards at 34.37. If the ADX (Orange Line) crosses back above the 9 Period EMA (Black Line) then that will be further strength for the downside if the -DI (Red Line) is still above the +DI (Green Line) on this 1 day timeframe. All in all looking at this 1 day chart mid-term wise BTC shows no sign of breaking to the upside just yet. Look like there will be continued opportunities to acquire your crypto of choice at bargain prices. I hope this chart is helpful with your Trading and Hodl-ing.
BITSTAMP:BTCUSD
by TradingThroughTheLens
4
AVGO 481Timeframe: Multi-month swing Last week AVGO retested and rejected the weekly 10MA yet again and sold off rather quickly. I'm targeting price to eventually make it to 481 over the next month or two. For the last 3 weeks we have yet to get above the golden zone around 594-598. We have also yet to close above the weekly 10MA for 10 weeks. How to play this? • I'll be looking for price to cross 539.72 to signal that AVGO would like to go lower in the coming weeks. If price never crosses below that level this week then we can play the upside. • Once the trigger hits I would be getting in to take it to 531. Trigger (539.72) then reversal plan: • I would look for a bearish reversal pattern on the daily around 558 and 562 to take it short. Things to look out for: • Be aware that price can cross 539 this week, reverse to 558, and then reverse again the following week. • Short term I could see some upside retracement to 558-562 to retest last week's price area. There is very strong supply at this level as it is the bottom of the VWAP (from April 2022). This means a lot of folks are holding the bag and they might be anxious to get out at that level. Short Invalidation/Bullish: Short invalidation area is at 576.27. At that point I would take it up to 583, 594 then 598 (golden fibs).
NASDAQ:AVGOShort
by GammaRayGoated
1
Block - Look at my embarrassment! Blocked ShotsWow, I am proud to say that I'm a believer in Block block heading me into a hole right now. 🕳️ I use Cash App and that cute little wallet on my android, which by the way, is very helpful when you need to deposit cash that you aquire and need to deposit without your bank. For example, I deposited 240$ into my Cash app wallet at the Dollar General. They scan a cute bar code thing and do some register button pushing and boom, deposited cash. Hopefully your clerk is as hipster as mine was. Anyway, I definitely bought this stock way up there in the 200$ area. So, I'm definitely sharpening a knife, more like a Katana, while this keeps falling. Oh gee, I wonder if the Bitcoin thing is working out for Block right now. I heard, you can buy a burger king Sammy and get points to buy some cute vans or something. But, I'm mostly trading pennies with the cash app wallet, and watching trends. It's neat to be able to open a wallet and just peep some news and stock trends like Block's giant gash in my ego. There are only three choices for this strategy and holding long is probably the better one.
NYSE:XYZLong
by m3ggriff
2
XRPeePee Golden ShowersThat was a pretty gnarley selloff and came earlier than hoped but if you had at least one short bag then maybe you added some stablecoinage to your nut on the cover bounce? but obviously not UST. These are treacherous time for crypto speculation and the dark pool whales have plenty of muscle to shake most weak hands from their stash. Some things to consider as we look at this most recent inflection point, evidenced by both adjacent bottom and top wicks : 1. They want us out, obvi 2. Flash wicks still put our beloved XRP at risk of a return to the 20 cent days (and lower) so be really careful with stops (either really tight or super loose) 3. Some simple TA shows we've got big overhead with the VPFR around the $0.75 level 4. We're waaaay below our EMA's (50, 200) 5. Plans to fix UST could precipitate more selling 6. Volume on this bounce is average, not impressive like adjacent dump (coordinated institutional sharting) Our plan here is to continue scalping (short and long) while adding to the long bags all the way down (buy when the blood is your own). We've got a fixed short bag to hedge against major owns (usually between 20% and 40% during bear cycles. * * * not investment advice * * * Stay frosty my dudes (and steer clear of salty BTC permabulls) Box
by FudBox
VIX withing the Andrews Pitchfork Framework pointing NorthThis is a reverse Andrews Pitchfork. The A Point is higher than the C Point. The Andrews Pitchfork is a tool, nothing more or less. This tool, applied correctly, projects the most probable path of price. So nothing magic or secret. The Andrews Pitchfork roots from a physical basis. And that's the reason why we can apply it on EVERYTHING that fluctuates. So, if you think it just works on Stocks or Futures, or any other money based product, you are missing out a very important point. However, in this chart, we see what's going on, trying to filter out some noise using the Line Chart. This is the exact same approach of analysis I'l do with every other product. I want to see a CIB = change in behavior. I want to see a SMACK! like momentum., followed by a scary one that follows ( confuse the crowd!). Here we have it picture perfect. Probably it's not by accident, because the VIX is a measurement of volatility = fluctuation (...of fear and greed). My personal (attention:) OPINION (...since I don't have a crystal bowl), based on the Andrews Rules and my analysis is, that we shoot higher, at least to the Center-Line. Means, markets would tank. Hopefully this helps you too, and awakens your interest in applying the Andrews Pitchfork to your trading. T'care out there - be clever and risk small. The rest will come. #LearnToEarn
TVC:VIXLong
by Tr8dingN3rd
1