For All Of You Following My Cycle Patterns - Here's Next Week.As you know, I have these setup 4+ years out into the future and continue to identify new RARE and UNIQUE patterns as time allows. I'm even up to 5~6 bar setups in some of them.
Yet, next week shows a very interesting set of Cycle Patterns...
9-19: Inside/BreakAway
9-20: BreakAway
9-21: Carryover (Possible Reversion)
9-22: Inside/BreakAway
9-23: Momentum Rally
*9-24: RARE - Major Reversal
*9-25: N/A
9-26: Breakdown201
9-27: Harami/Inside
9-28: CRUSH (*Bearish)
* = weekend
I'm reading this as a very important and volatile week will follow the Fed rate decision. The US/Global markets may move into FULL CAPITULATION after the Fed next week.
But, The RARE - Major Reversal pattern and the Momentum Rally pattern suggest the end of the week may see some type of "reversion" of the previous downward trend.
The following week (early) - we move towards a CRUSH pattern (9-28). Those tend to be very strongly BEARISH.
Stay protected. Follow my research and learn how I can help you navigate these incredible price swings.
We may see a little support in the markets tomorrow, but it looks like traders are already anticipating a 75pb rate increase and selling ahead of the Fed decision.
RARE
RARE, but common chartFree Alt Analysis. This time RARE.
RARE is still degrading, but also getting to the bottom of the curvy trend. There is plenty room to go both sides - but Daily looks exhausted on TrendExhaustion, HighsLows and RSI - VolumeTrend is still bullish and we are dancing on support - it is likely to go for $0.275 first, and judge from there if we are headed for the top of the curvy trend or bounce down.
This idea would get cancelled if we cross the local trendline down - retest of lows of the curvy trend would create another great opportunity to DCA.
'Spidey sense' tingling? Depends how you know what you know.Safe experience lull you into a false sense of security, even when you know about a clear and present danger. That's what experts on risk and decision making** say about the role of our personal experience in our risk perception. Take 9/11 for example. Many, suddenly concerned about the risk in flying, opted to drive instead. However, in reality the risk of injury or death while driving is multiple times that of flying. Why was driving perceived as safer? Studies of decision making say that a big factor is the *way* people get most of their information. When that information comes from repeated personal experience (like car trips) it is given a bigger weight in the decisions we make. The catch is when the typical experience shows no danger simply because the threat is very rare, novel (for us) or out of our awareness.
It's August 25th, 2022 and, stock indexes are levitating, held up by some unseen force. The "Doom and Gloom" on you tube is starting to ring hollow. We know the risks: inflation, dollar, rates, etc. etc. etc. I won't bore you further with my mundane perspective of, what has been for me, a mundane market.
You already know the punchline cleverly hidden in the chart on the right (a 3 day chart of VIX).
Out of curiosity, was I the only one caught off guard?
If you were asked, out of the blue, to draw the 3 day VIX, would it look like that?
and lastly- The best explanation I have is the one offered above. What would you add? or subtract?
-Trade Safe.
**The research on decisions from experience is extensive but these are good points of departure:
Thinking Fast and Slow , D. Kahneman. Chapter 30. Rare Events
The Black Swan : The Impact of the Highly Improbable Paperback – January 1, 2008. pp 76-78
Decisions from experience and the effect of rare events in risky choices. Psychological Science . 15. 534-539. Hertwig, R., Barron, G., Weber, E., and Erev, I. (2004).
The Effect of Safe Experience on a Warnings’ Impact: Sex, Drugs, and Rock-n-Roll ." Organizational Behavior and Human Decision Processes 106, no. 2 (July 2008): 125-142. Barron, Greg, Stephen George Leider, and Jennifer N. Stack. "
RARE formed bullish Gartley for upto 30.50% moveHi dear friends, hope you are well and welcome to another new trade setup of Rare token With US Dollar pair.
Previously we had a nice trade of RARE as below:
Now on a 4-hr time frame, RARE has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Looks daam good :) Short level analysis of Looks. Very little information for TA still however, setting levels is a need when trading a very volatile market. Target of 2.2-2.9$ for TP one, current entry at 1.80$ puts it within a risk zone, but whne accounting for social signals and hype around the token it is a risk I am willing to bear. Max pain would be revisiting 0.78$ but to be honest this is highly speculative within a 12 months time-frame I dont discard it going lower than the previous low given the stacking nature of the token and no real life inputs for its mining. Yes, PoS and Stacking are not going to survive what is ahead, all those tokens are under my scalp box. :)
RARE formed bullish Gartley for upto 112% rallyHi dear friends, hope you are well and welcome to another new trade setup of Rare token
On a 4-hr time frame, RARE has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
RAREUSDT Midhigher to Daily tf Range Updated till 21-3-2022RAREUSDT (SuperRare) mid-higher to daily timeframe range, if i look at the chart i can see a clean price movement from this alt. most of the zone respected in past. coin itself been profitable provided swing setups, intraday setups even scalp setups. its not easy to find a clean chart on this p and d madness market. the huge over 126%+ price surge on 20 march 2022! i am not surprised cause compare to its high and past price moves it can perform like that.
SuperRare Jumps Over 125% Today With More AheadThe trading volume for RAREBTC (SuperRare) is at its highest ever on today's candle...
This Altcoin pair has grown by a massive 125%+ with more to come.
We have the classic Adam & Eve bottom pattern... We normally get a short retrace followed by additional growth.
That's all.
Thanks a lot for the likes, the comments, the follow and share.
Your support is continually appreciated.
Namaste.
Bearish Rising Wedge on the recent pump RAREAfter the recent pump of the RARE we are seeing resistance and an obvious bearish rising wedge pattern. The coin might be promising and have a good future, but after the recent pump it will drop to normalize the pump.
If you have any comment s or ideas let me know in the comments!
🆓SuperRare (RARE) Feb-27 #RARE $RARE
The $0.5 and $0.45 zones are having good buying power, if it doesn't lose this support zone, in the near future RARE may recover to the $0.8 zone. But if it loses the $0.45 zone, we can wait to buy it back at $0.35
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.45$ zone
🔴Buy : 0.5 - 0.45
🔴Sell : 0.6 - 0.7 - 0.8
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.45$ zone
🔵Sell : 0.45
🔵Buy : 0.35
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
MP Material one of the best SPACs$MP has been, for sure, one of the best SPACs when it comes to performance. SPACs got hammered multiple times. Barely did some of the known ones hold the $10 ground and some of them now are traded in $2-$3 range per share if now lower. I had a very high conviction on $MP from its DA announcement and I am holding it from before the merger. Today, I see more strength given the fact that they have a good moat when it comes to rare earth material. After China, they are the biggest one in the world and practically the only one in the US. Electrification is becoming more strategic and there have been rumors that China has threatened American companies on cutting off the supply of the rare earth. This is a very strong position for $MP.
Their gross margin is not like a mining or material company, but like a tech company. This year they are projected to have an 82.10% gross margin on 446M revenue. The projection of the revenue for 2021 is 319.30M (137.7% growth compared to 2020). In 2022 the revenue growth rate is estimated to be around 40%.
EV/GP (Enterprise Value/Gross Profit) for 2022 is 15.1 and EV/GP/Growth for the same year is 38.1. It shows the price of the stock is fair. Considering the growth, the price could go lower in a short term to offer a nice opportunity to buy or add. As it can be seen on the chart after the short report released on the 3rd Feb, the price recovered relatively and today it experienced nearly 8% hike so far. This shows the interest in $MP is high. If we can get a 20% discount from these levels to around 30s before the 24th Feb (2021 Q4 earning release) I believe it is a good level to start collecting or adding. This is not financial advice. DYODD
MP (1D) - Midterm correction to continue ? Hi Traders,
I had Long position in MP Materials, because I realy like their business model and really think that in long term US government should and will be supporting companies which provide Rare materials for EV/Battery/drones/... and related sectors.
Regardles, the Fundamental Analysis.... Technical Analysis cannot be ignored. You can se alredy formed 1:1: Extension with overlaping of something what could be marked as abc uptrend correction of drop.
Im alredy OUT of position with some profit. Its too risky for my RRR ... and will wait for another crash. Everything important is in the chart.
As usually, I will notify you with my EW count of subwaves. In case that marked resistance zone around 46 USD will be broken upwards. than we should wait for retracement and confirmation of that area as a support (hence there will be chance to open long position).
Trade safe and enjoy the game ;)
rare/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. This is what I mean when I say a coin is too new or doesn't have enough data. I can't just predict wave counts without a previous trend, with that being said; Here's an attempt to chart one lol
RareVery good opportunity to get in early before metaverse coming live. I believe this rare token will go much higher in value for long term investment, at least 1-2 years, But once it does create strong impulse upside then we can buy from the demand zones,
It just started to break the structure more play of price action will give us an edge to enter.