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Spider

New ath on US500??Long till go wrong. This is rule n.1 after pandemic crash. You can see on the chart, US500 is still going up with small correction. Corrections are usually around 5%. Trading in this range is very simple. Take long on supports and sell on resistance. But it's also important to be carefull, bcs everybody are starting bullish and this is time to be bearish. In the market can not win everybody. When this index is in the channel, there is still good oportunity to take longs.
ULong
by UltimateCryptoTrader
Big picture EW count on the spider This will create a great longterm buying opportunity! - bearish divergence - Completed EW supercycle - Haven't had an 80% drop since the great depression - Everyone is in pure euphoria (big picture) when it comes to the stock market. This goes along with my other stock calls. I jumped the gun on some of them and was a bit too early calling the tops. But they were all close enough for me because I'm just aiming to buy the dips after a large correction rather than short or anything like that. still bearish on all of these charts
SP:SPXShort
by High_Altitude_Investing
BTC in the spider web H4Hi pros! The trendlines are all real beginning to draw at every tops and bottoms as we can see, they were all respected at least 3 times to a lot more sometimes. When I saw all this lines, I see it was really looking like a spider web! So I drawn it to test this method a few days ago, I was verifying if the trendlines were really respected and It seems to be so let's see if the spider web pattern really works! I think the market have a lot of prob to stay and move downside for few days or week before breaking up or down the blue and the orange lines which are the confirmation of the setup if it breaks. Looking for opportunities on both sides Trading plan: -2% MM no leverage -entering only if it breaks one of the range lines(orange or blue) and confirmation will be a candle closed above or below on H1 or H4 -moving sl to break even when profit reach 1:1 Have a nice week! Cheers!
BITFINEX:BTCUSD
by jeanneymar011001
4
The S&P 500 – A word of warningThe S&P 500 has experienced an incredible run ever since its low in 2009, surging from $652 to a top of $2869. That is an incredible rate of return totalling +340%. Or an annual rate of return just under 18% - and that still leaves out the return gained through dividends. I want to provide some word of caution in this post, looking at the graph and looking at long term average rate of returns for the stock market as a whole. The latter lies around 6 to 6,5%. Hell, you might even say 8% or 10% for that matter. The point is that, we have experienced a prolonged period now providing us 18% CAGRs. Of course, it depends on when you put your starting point, if you take the top of 2007, that CAGR is instantly quite lower. So, this by itself does not provide us enough information, but does give us a sense of how strong this bull market has been. Now, I don’t want to overly focus on more than the mere technicals here, as they already speak for themselves: 1) TREND CHANNEL SINCE 2009 : Looking at the trend channel the S&P 500 has been in ever since the 2009 bottom, one can see it has been moving within its boundaries very nicely. HOWEVER, as of January 2018, we broke through the resistance and 2) ALMOST even touched the LONG LONG term (yellow) resistance line that traces back to 1982 . Needless to say that such a resistance is HUGE and not sustainable to break for even a short term. We didn’t reach it though – but it was close. We ALSO went out of the white trend channel since 2009, which is also not very sustainable. 3) The reaching of this high was corrected rapidly and you can see the Fibonacci levels (drawn +- on the 2017 starting point) to which it retraced quite precisely. The very logic conclusion of purely this picture is that price HAS to stay within this white trend channel - unless a very short term temporary upward break-out, or a mid-term downward correction: We are therefore talking limited upward potential, and a lot of downward potential . Looking at the white support, we see that 2300-2400ish is within a quite plausible first correction range. That would signify a healthy correction in a still upward trend channel. In a more extreme scenario, you can see that the yellow support line is also exactly where the 2009 crash hit its bottom . For today’s chart, that would result in a downward potential up to $1000ish more or less (a bit more). I also highlighted the fibonacci retracement levels taking into account the 2009 market bottom. This gives us a bit more insight into the downward targets in case of a correction: $2398 (78,6%); $2029 (61,8%); $1770 (50%); $1510 (38,2%) and $1190 (23,6%). 4) Looking at stochastics, we see the monthly still in an upward trend, but that will inevitably make a death cross. 5) Moreover, RSI is heavily overbought at 87-ish. 6) We ALSO see a spinning top candle in the Heikin Ashi chart, which is a typical trend reversal indicator. Conclusion: I don’t think we are there yet in terms of a big market crash - momentum is still intact - but it seems we are reaching a – technical at least – market top with maybe 10% left and much more risk than reward… Now, there will need to be some fundamental market catalysts to trigger any correction(s), but as the title says… this is just a word of warning, and we should never forget to have a look at the charts. Feel free to comment / contradict / etc. - the better we are prepared together against any type of market movement, the better ;-) And just as a closing remark - have a look at the daily where we just made a golden cross and have already gained a large part back from that recent "semi-flash" correction moment where the S&P dipped 7%!
SP:SPX
by A_Cryptastic_Mind
5
Better to invest in XRP than BitcoinBetter to invest in XRP than Bitcoin , one of the STAR of the 2018 will be Ripple. If we sad that it will go at 7 USD in February,hey would laugh you out for this saying,. for those that do not take risk watch and see for those that want to make the profit on ripple just jump with us . We are a part of Closed community seek upgoing opportunity's and share it Amon you all It's a bullish and bearsh up and down to the final destination 7.32 USD but if you want to keep on holding it it's all so okey. first support 1.77 stoplost at 1.30 second support 3 USD stop lost at 2.45 Third supoort 4.17 stop lost at 3.30 final detination 7.32
BITFINEX:XRPUSD
by MartinDeBoer