GME consolidation before the squeeze [History will repeat]
The 2021 squeeze started as the 20 EMA on weekly chart flipped above 50 and 200 EMAs. Right now we are very close to the same event (which has not happened since then)! Give this a 1-3 weeks of consolidation and the squeeze will eventually happen! 🚀💎💵
Squeeze
$ROOT: TRENDING BULLISHLY. POTENTIAL SQUEEZE. 🚀🚀🚀Hello, everyone!
We're seeing promising signals for $ROOT. If its price maintains above our key monthly indicator, we anticipate an uptrend. A very bullish trend will be confirmed when the daily indicator rises above the monthly one. Should this happen, we'll be on the lookout for the weekly indicator to follow suit. Our first price target (PT) is set at $76, with a strong move to $180 on the cards once the weekly crosses the monthly threshold. NASDAQ:ROOT has already made a massive move up, but this is only the start of something huge. However, if we see the hourly indicator fall below the monthly, this would need to be reassessed, as it could invalidate our current forecast.
NFA! Good luck, everyone!
BTC | MT Short H4|Consolidation Period Pair: BTCUSDT
Timeframe: H4
Direction: Short
Technical Confluences for Trade:
- Stochastic momentum is close to Overbought Conditions
- Price action close to few Horizontal and Resistance Trendlines
- Aiming for the 1st 23.6% Fibo Retracement
Fundamental Confluences for Trade:
- There is a large diversion between the positioning of Long-Term & Short-Term Participants in the futures space. A squeeze may happen.
Suggested Trade:
Entry @ Area of Interest 70,700 - 71,200
SL @ 72,685
TP 1 @ 68,600 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 65,700
Risk-to-Reward @ Approx. 3.19(Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and am not responsible for any losses derived from it.
AMC Earnings Build-upQuick disclaimer, I've posted many Ideas for this stock expecting an uptrend and they haven't panned out, but I'm going to pull out my inner Michael Burry and claim that I don't think I'm wrong, I'm just early.
AMC is currently being pinched in two downtrends that date back to Aug 24th and 25th.
The closer resistance would require the stock to break/stay above 4 dollars (as of tomorrow, Feb 8th). That number goes down every day after that.
The support on this downtrend would have AMC needing to stay above 3$ at the time of earnings on Feb 28th
But TA has let us down before, so let's talk about earnings:
Analysts' expected revenue is 1.046B.
AMC has met or beaten revenue expectations every single quarter since the initial COVID quarter, which hints to the possible re-occurrence for Q4 2023.
Maybe analysts don't exactly know how to calculate/predict AMC's revenue.
Even less now that AMC released their own movies (T. Swift + Beyonce). Nobody knows exactly how much they made from those.
On top of that, there's all the new merch they've been coming out with, popcorn at new stores, their own candy line (which according to Twitter and Reddit, Apes went out and bought like mad for the holidays) AND the AMC VISA Credit Card, of which it is pretty much impossible to predict the revenue from (and I'm optimistic considering VISA destroyed their last earnings)...
I strongly expect an Earnings Beat.
In terms of future outlook, which is also very important in determining the direction of a stock price post-earnings, Q1 will be the absolute weakest of the year for sure. But that doesn't mean it'll be terrible, or even bad. It's kind of too bad Dune 2 isn't released until after earnings. Having just one weekend before the call would give us a greater idea of how the quarter will finish but, if anything, a successful first weekend for Dune 2 immediately after a positive earnings call will just keep the momentum going. The rest of the year has many more blockbusters to come.
This will be my last Idea for AMC, I'll just keep expanding on it from here.
I'm so bullish that I am absolutely sure that we are hovering around the bottom. Once we start going up, there's no looking back.
VR Is good for at least 100% if not more on the Swing Trade
Vr has been consilidating and squeezing for awhile now. We have a resistance line on the ADX forming that we broke out of and a Support line that formed the third time it was tapped we saw our Breakout through the Moving Averages. Fib Ranges say we have quite awhile to go aiming the final target price at 21 cents.
This Token seems Very Promising. Enjoy and as Always DYOR
Follow for more.
Below is the call that got my attention
🔎 *Symbol*: `VR/USDT`
📈 *Signal*: `Long`
💲 *Current Price*: `0.053278`
🛑 *Stop-Loss*: `0.022409436`
💰 *Market Cap*: `150800431.85436806`
🚪 *Entry Prices*:
📥 Entry Price 1: `0.042492564`
📥 Entry Price 2: `0.048704718`
📥 Entry Price 3: `0.053725499999999995`
📥 Entry Price 4: `0.058746282`
🏁 *Exit Prices*:
📤 Exit Price 1: `0.091253718`
📤 Exit Price 2: `0.10129528199999999`
📤 Exit Price 3: `0.11754899999999999`
📤 Exit Price 4: `0.133802718`
Bollinger Bands—Part 1: The BasicsIntroduction
Imagine that you are placed on an island with only a trading platform (TradingView of course) and the island gods only permitted three indicators. What three indicators would you carefully select? At the top of my list would be the Bollinger Bands.
Some people seek out complex or cryptic indicators in search for a better edge. Of course, some indicators and modes of anlaysis can be very useful despite being complex. But some indicators like the Bollinger Bands, can be valuable because of their simplicity, and they can also have a wealth of analytical value that is more complicated than would appear at a glance.
In 1983, John Bollinger invented the eponymous Bollinger Bands. This valuable indicator operates centrally on the concept of standard deviation. In other words, standard deviation is a basic statistical concept behind the indicator, i.e., this concept is basic for mathematics professors and experts, but perhaps intermediate to advanced level for others.
Standard Deviation
One can easily find the common standard-deviation formula on the internet from many reputable sources. But one doesn't have to master the formula to use the concept of standard deviation—standard deviation essentially measures the variation in the data points around a mean (or average). Khan Academy offers a very useful and insightful guide to those who want to learn the core concepts of standard deviation. Supplemental Chart A contains Khan Academy's standard-deviation illustration and its well-worded explanation, although no one alive today can take credit for discovering and establishing this formula.
Supplemental Chart A (Credit to Khan Academy's website for illustration with explanation of standard deviation)
Here is a short, somewhat summary explanation of standard deviation's formula (though it doesn't apply to standard deviation of samples, a slightly different formula).
Calculate the mean of a data set (e.g., a price series).
Calculate each data point's distance, or variance, from that mean.
The distance between each data point and the mean is then squared.
Sum all the squared distances between each data point and the mean.
Divide the sum of the squared distances by the total number of data points, or values in the data set.
Take the square root of the quotient from the previous step, which is the average of all data points' squared distances from the mean.
Moving Calculations
Having identified the statistical concept at the heart of the bands' operation, it helps to remember that the moving average at the center of the bands, sometimes called the middle band of the Bollinger Bands, mean that the entire indicator should be considered a "moving indicator." In other words, even the standard-deviation bands, plotted a given number of standard deviations above or below the moving average, are moving based on the price data that evolves as time passes. Just like the moving average at the center of the bands continues to calculate the mean based on a moving lookback window of 20 periods or some other fixed number of periods, the standard deviations above and below the mean also derive from a moving lookback window.
Analysis / Interpretation
Bollinger Bands, as John Bollinger described in the journal Technical Analysis of Stocks & Commodities, "answer the question whether prices are high or low on a relative basis." He further explained that the "bands do not give absolute buy and sell signals simply by having been touched; rather, they provide a framework within which price may be related to indicators." He essentially recommended comparing price in relation to the bands and then using the action at the edges of the bands and using such signals in combination with another well-selected indicator (e.g., one might consider RSI).
As created by Bollinger, the bands are typically set at +2 and –2 standard deviations above the mean. This can be adjusted on TradingView's platform. A well known trader, Anthony Crudele, uses the Bollinger Bands set at +3 and –3 standard deviations from the mean. He also uses the bands extensively as part of his system, and he does so with some unique and interesting features that he added. This author recommends following his videos regardless of whether his strategy is ultimately followed or adopted or whether some other strategy is adopted as most suitable for a particular asset or time frame.
The bands not only measure whether price is high or low on a relative basis. But importantly, they reveal realized-volatility conditions in the market. If price volatility (or variation from the mean without regard to direction) is expanding in a trend-like move on the specific time frame being examined, whether hourly, daily, weekly, monthly or longer, then the Bollinger Bands reveal this by opening and widening, much like jaws. The jaws of the bands contract when volatility is contracting. Volatility—implied and realized—tends toward cycles and mean reversion. So the bands helpfully show traders where volatility is within its cycle. Some traders, for example, use the bands to trade squeezes, and when the bands contract for a substantial period of consolidation and narrow significantly. The squeeze helps increase the probability of a volatility expansion, a potential a widening of the bands as price moves either in the direction of the prior trend or a reversal. As with other indicators, the significance of the signal should be interpreted in the context of the time frame being analyzed.
Supplemental Chart B
In Supplemental Chart B, notice how the Bollinger Bands contracted as price consolidated in the latter part of last year on the weekly chart of SPY. The Bollinger Bands have been expanding as price has pushed higher to new highs at the degree of trend shown, i.e., the uptrend from 2022 lows to present.
Conclusion
The Bollinger Bands provide more analytical tools and features than the ones described today. If readers are interested in a more in-depth post on Bollinger Bands (perhaps a Part 2 as contemplated by the title), please indicate this in the comments! Look forward to hearing from you.
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Author's Comment: Thank you for reviewing this post and considering its charts and analysis. The author welcomes comments, discussion and debate (respectfully presented) in the comment section. Shared charts are especially helpful to support any opposing or alternative view. This article is intended to present an unbiased, technical view of the security or tradable risk asset discussed.
Please note further that this technical-analysis viewpoint is short-term in nature. This is not a trade recommendation but a technical-analysis overview and commentary with levels to watch for the near term. This technical-analysis viewpoint could change at a moment's notice should price move beyond a level of invalidation. Further, proper risk-management techniques are vital to trading success. And countertrend or mean-reversion trading, e.g., trading a rally in a bear market, is lower probability and is tricky and challenging even for the most experienced traders.
DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment or trading recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified financial adviser or other investment / financial professional before entering any trade, investment or other transaction.
Bitcoin(BTC): Short-Squeeze Started!A little later than usual, but here we are with another daily update on BTC, and well, well, we see a nice short-squeeze happening about what we have been warning all of you about.
We are looking for the price to stay in that range for some time (or during the weekend) and then move back eventually to $40K and finally break down from it. Monitoring and keeping an eye on BTC and so should you all do 😉
Swallow Team
GME TRENDS AND PRICE TARGETS, WE LOVE MEMESIf you've been following GME with me, you bought at 12.5 and below last month.
Sell target 1 was 16.9, we came close but lost a tiny bit on the first topside pump.
We bought the dip around 14.02 and below, and we were looking for 18, 21, and 25 with small retracements in between.
I'm not sure, but per indicators, it seems we might see the higher targets of 21 and 25 before we see the retracement targets of 10 and 8.
Faster and steeper we go up, the faster and steeper we drop, so remember, the time to be flinging money in without much worry was under 12.5. Now, you'll want to be trimming profits and compounding. How much should you sell and when? Only you can make that decision. However, feel free to use some my price targets if you're struggling to set your own.
If you're new to trading or my charts. We usually buy and sell on the major trends, and use the breakouts as a chance to compound profits, or simply wait for the right trade to present itself, whether bull or bear. Just because we are selling at these levels in a longer term trade doesn't mean there aren't chances to jump into shorter term trades. However, USE caution at these levels.
If you're bearish on this stock, you want to see it wedge down, and if bullish you want the breakout to the topside.
I tried to make this chart as simple as possible.
Squeeze targets included, but be REAL, it's unlikely, and it will be fast up and fast down should it occur. However, bears need to be real as well and realize that some of those topside numbers are very possible.
Options get a little wild around the 26 and 32 dollar marks I believe. You only wanna play with weekly options if you know how they move in relation to the price or you'll get killed from theta.
Good luck!
Lucid Motors Liquidity GapIt would appear that LUCID GROUP is facing a sell off based on bad new, dilution of shares, lack of consumer demand. However, based on technical, it would appear to be a very aggressive sell-off it was a sell-off. Not beneficial to not allow for market to recover in regards to liquidity. Based on the aggressive downside moves, the probability of a cat bounce appears very high and I am honestly amazed at the open interest on puts that could look to be burnt.
3$ options expiring this week are trading at $.08 a contract at the moment and if there is any level of volatility to the bull side, the out of the money 3$ strike will flip into the money and dominoing into an extreme level of gamma exposure on the short side.
People shorting need to close their position at some point, like also contributing to the large put open interest which could be contracts shorted with shorted equity.
Hourly Falling wedge on GMELooking at a small breakout of a pretty large falling wedge on GMEs hourly chart. If it can break these two supply zones at $16 and $17, It may re-test those $18.50 levels again. I would keep an eye on this one. Also if you zoom out a bit more you will notice a massive double bottom... On the flipside, we are also still inside the weekly wedge with a bit more space to play. GLTYA, and Happy Anniversary!
ETH/AMC chart to follow MOASS/ SqueezeNotice when ETH/ AMC correlation corrects, AMC runs. Currently, RSI, Macd, and price is double topping on Eth/AMC. Again, this is ETH compared to AMC price. not prices overlapping two charts. A run for AMC is due on the charts, but only until we break patter/ trend line will a massive squeeze start.
Box and Squeeze Strategy - Darvas InspiredDescription
The "Combined Box and Squeeze Strategy" is a comprehensive trading script developed for the TradingView platform. It merges two distinct analytical approaches: "The Box Percent Strat" and "Squeeze Box ," offering traders a multifaceted tool for market analysis.
Key Features
Box Percent Strat: This component of the strategy dynamically adjusts trading boxes based on price movements. The top and bottom of the box are recalculated as the market evolves, providing visual cues for significant price levels.
Squeeze Box : Focused on volatility and market squeeze, this part of the strategy utilizes Bollinger Bands and a custom Moving Average calculation. It identifies periods of low volatility (squeeze) and plots high and low squeeze box levels, aiding in the identification of breakout opportunities.
Dynamic Moving Average Calculation: The script includes various options for moving average calculations, such as EMA, SMA, WMA, VWMA, and more. Users can select their preferred type, which is then integrated into both the box calculations and squeeze analysis.
Trading Signals: Entry and exit points are suggested based on the strategy's logic, which combines box breakouts and moving average trends. These signals can be used to inform trading decisions in conjunction with a user's existing strategy.
Visual Plotting: Key levels, including box boundaries and moving averages, are plotted directly on the chart, making the analysis straightforward and visually accessible.
Usage
Ideal for various markets and timeframes.
Can be customized to fit individual trading styles by adjusting input parameters.
Should be used in conjunction with proper risk management strategies.
Disclaimer
This script is provided for educational purposes and should be tested thoroughly in a simulated environment before being applied to live trading. Users should trade based on their discretion and understanding of the financial markets.
GROV QUICK TRADE CHART IDEA squeeze stocks move fast.
this is a quick chart, didn't have time to make it super amazing.
But it's worth eyeballing this trade
40% down takes us right to two major support lines, which leads to a major buy signal. This takes us to around 2.80 until the next rejection occurs. That's a big percentage movement of like 100% to 162% depending on where you buy and sell exactly.
These moves are projected to be quick moves. NEXT WEEK needs to close over 1.81 and so does this week. However, this means you could easily see a crazy movement in AH, which would mean, Monday can open lower and take us right to the major buy target.
GROV - IF you want a "Squeeze candidate" try this one. There is some serious potential here on this stock. After such a big drop, those short positions are going to close, which will end up springing the price upwards. There is potential for a big short term run-up on this stock.
Price targets are marked.
Relevant trends are marked.
This trade won't be for those not okay with massive risk!!
The lowest price target I currently see is marked in red. Imo, this price target will ultimately spring the price higher in the end, and you can probably buy that dip with some confidence in some kind of bullish price action to come and cover losses.
Ultimately, we could very well see a situation like this play out. This line won't be very accurate overall, please follow the actual chart and indicators, however, this movement projects to be quick, but it's hard to tell. If the trends are projected accurately, it times the crash to mid-late Jan, and it times the run-up into starting next week.
If I was trading, I'd pay close attention to that 3.83 mark, with potential to keep going up to like 5.8 or so..
$AMC textbook play 👁🗨️*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
GEVO. Manipulation Short squeeze. How short positions are reset.This example is on paper company Gevo inc - manufacturing. Chemical industry. Specialized chemicals.
I will say that I combined the training idea with the trading one , how the stocks will be relevant for trading now, the potential first profit with confirmation of support can be about + 90%.
Everything that happens now, goals, read below under the description of the manipulation of a short squeeze.
But let's plunge into the past and in order to examine this detective story in order to evaluate this masterpiece of trading art by applying the punishment of the zombie crowd of believers “it should be like that” and “put sure Stop-Loss like a smart uncle wrote to us in a book.”
It was like this ... It seems that the downtrend will last forever. After all, the price over the past 2 years has fallen by almost -99%! Dump from $ 245 to $ 3.30!
This is what happens with real companies, but what about non-existent crypto projects?
After all, almost all crypto projects are built on promises that this “nothing” will cost a lot. Buy and hold, and you and the plant employee will become a millionaire in a couple of months / years. The sweetest lie, the more willing poor John believes in it.
As you understand, in many cryptocurrency projects for lovers of “buy and hold”, to become a millionaire and stop going to the factory is still ahead.
It doesn’t matter whether these assets are pumped up yet or not, but their ultimate fate is the complete disappearance in the near future of the life of poor believing John.
The graph shows a strong downtrend , merciless to investors. But among investors, one must not forget that there are very rich uncles who can also make a mistake. But those who want to fix it. Well, it is clear that after such a fall from $ 240 to $ 3, no sane person believes in growth already, how silly it is. Most traders enter only a short position.
But there are more intelligent people who have thought and decided why we don’t make a lot of money on “100% faith” of people.
The strongest downtrend. Drop from $ 240 to $ 3.30. Minus 99% for 2 years.
As part of this trend, many sellers are going to expect a continued decline in the trend.
But after all, everyone was taught that it is necessary to put Stop-Loss, and if you do not, then you should always close somewhere.
Where will everyone have stops on this chart? Yes, everything of course depends on the point of opening positions, but the generally accepted approach - Stop-Loss who enters a short position will be put for the nearest resistance, that is, we will be interested in the zones above the selected levels on the chart.
If everything is clear and the main crowd has so much faith and become accustomed to the eternal fall, why not take advantage of this and start the domino effect? After all, money is burned only initially to start the process, then only fantastic earnings. How everyone will be "trapped" in a trap. Any inadequate Stop-Loss sizes will be reached. Buy or margin Call.
Gevo inc. Levels where the crowd of "shorts" puts Stop-Loss.
It is in these zones that Stop-Loss of most market participants are behind the resistance.
Large players understand this very well, it’s a sin not to use it if you have enough money on hand for this manipulation.
Perhaps the biggest player is the company itself, which is very interested in getting out of a loss-making situation and making big profits. After all, having for this a certain amount of money you can start an avalanche-like process and get the most unattainable Stop-Loss, thereby moving the market up against the current trend on Stop-Loss. This is an avalanche-like process.
You understand very well what will happen to those traders who have opened a short trend and the price will begin to rise against their position, and even grow rapidly impulse with no chance of pardon. Yes, everything is simple, when we reach a certain zone, the order is executed, that is, the position is closed by Stop-Loss. And we all know that a position is closed by opening a reverse position, which means that if we were on sale, then a purchase is opened to close, that is, we create additional demand for growth. And so on the chain.
And it’s not scary that then the price will return very quickly back to the previous values, because the manipulators will be in big profit, and the trader who caught the margin will no longer enter a short position on this asset. This is what came out of the chart below.
Gevo inc. Growth + 600% at closing short on Stop-Loss.
As we can see, the first strong resistance was + 100% of the minimum value before the short squeeze.
That's how you think who believed that the price will reach these values? It is clear that no one, well, especially since the price will reach the last Stop Loos zone.
For such an action, money was needed only until the first Stop-Loss zone, after which the price moves according to the domino effect. Growth fuel is the closing of short positions. Virtually no one believed in growth, which is why the impulse was + 600%, due to the closure of short positions of those who did not believe.
After a while, the price broke the line of the main downtrend. Price shifted to lateral movement. Wishing to enter the short was less and less, as everyone remembered the previous margin Call.
A year ago, there were two more attempts to punish those wishing to enter a short position in this trading instrument. It was not possible to repeat the short squeeze situation on such a scale. The first short squeeze is + 67% and immediately after it + 27%. It can be seen that there are no more willing traders to enter a short position on this trading instrument.
Gevo inc. The situation is now.
Please note that only on short-squeezes did a large volume go out at the auction. Traders with short positions were squeezed out of the market specifically.
In lateral movement, the price is now drawing a formation that could become a triple bottom. If support is confirmed , the growth potential to the previous local maximum and the first resistance is about + 90%.
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Manipulations.
Someone thinks that manipulations occur only in the crypto market, this is not so, they are everywhere, only in the crypto market they are open and arrogant, as there is no responsibility for this.
In other markets, there is price manipulation, but to a lesser extent, as if the relevant authorities prove guilty there will be huge fines, or the deprivation of a license for trading activities up to the prison.
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What is a squeeze on the exchange. Short squeeze. Long squeeze.
Squeeze (eng. Queeze - squeeze out) - a situation in the financial market when Stop Loss is sharply collected. As a result of the sharp increase, part of the Stop Loss is squeezed out, and part is closed at the “what is” price, this leads to an even greater increase / decrease in the price.
Since positions can be held both in purchase and in sale, both short-squeeze and long-squeeze are possible.
Short squeeze - it happens when sellers (shorts) are forced to close their open positions in order to avoid even greater losses, which only spurs the price even higher. On the graph, the hairpin (shadow) is up.
Long squeeze - exactly the opposite. A sharp decline in the price of assets, forcing buyers (longists) to close their positions. Here, the buyers are already the “victims”, who are forced to close open transactions at a loss in order to prevent even greater losses, which provokes a further drop in the price of the instrument. On the graph, the hairpin (shadow) is down.
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Short squeeze on margin trading.
If it comes to margin trading, the strongest buyer today is yesterday's short. The vicious circle for bears is called "short squeeze" - short squeeze. In order not to be trapped, market participants must understand the principle of short positions, see the potential for a situation that could provoke a “short squeeze”. Experienced traders know how to make a profit with a short squeeze.
The strongest short-term growth waves often occur during periods when a large number of lower players find themselves locked in an unprofitable position due to an unexpected price increase for them. As a rule, these are mid-level traders and so-called “hamsters” market participants with a level of knowledge and experience that is close to zero and close to it. Unfortunately or vice versa, fortunately the bulk of the crowd of the crypto market is precisely this layer of society. In such a situation, in order to get out of the trap they have to actively buy this cryptocurrency in which they are locked at any price in order to save part of their capital and fix the loss. I will explain in more detail so that the mechanism of this phenomenon becomes more clear.
A short position or short-term transaction (from impudent short) is an operation when a trader sells a borrowed coin with the intention of buying it back later at a lower price. After the return of the borrowed coins, the difference between the sale price and the purchase price becomes profit.
You can borrow cryptocurrency from the exchange, which as a guarantee for such a loan requires an adequate amount of guarantee security in the account. As a guarantee, money, bitcoin or other cryptocurrencies, which are valued at a certain discount, can act.
When the value of the coin in which you are in a position increases, the size of the required guarantee for short positions also begins to grow rapidly. If the amount of funds in the account is insufficient to cover the required amount of security, the exchange may forcefully close the position.
Downgrade players usually try to prevent this situation and close the position before submitting a margin call request from the exchange. However, their tactics here are essentially the same - a quick purchase of a coin that has grown in price, and you are in a short unprofitable position on it. If the size of the positions of such participants is large enough, then this situation can lead to skyrocketing prices and the avalanche-like closure of other shorts.
Scalper traders and intraday traders who often open counter-trend trades in the hope of a pullback after active growth can aggravate the situation even more. If the rollback is not realized, then their purchases may become additional fuel for the upward movement.
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The immaturity of the cryptocurrency market provides opportunities for manipulation.
An important feature of the cryptocurrency market, which is often ignored, is its tendency to respond to the actions of individual bidders. By individual bidders, I mean large traders, the creators of individual cryptocurrencies on which manipulations occur, as well as exchanges, which naturally themselves are owners of large cryptocurrency assets. And also, if desired, can affect their price. Roughly speaking, these are market participants who are called “whales” in the slang of traders.
The cryptocurrency market is more affected by the influence of these particular market participants than other markets, due to the lack of maturity and insufficient control of the relevant state financial control bodies.
No fundamental does not work without money support, but money on the exchange without the influence of the fundamental works in such an uncontrolled market perfectly. For example, we are all familiar with such frequent phenomena in the crypto market as "pumps" (artificially pumping prices). Very often they occur even without the release of FUD news on a particular coin.
Also, the entire crypto market is very much tied to the dynamics of bitcoin, which can lead it in the opposite direction to fundamental factors.
In recent years, the market has become more “mature”: instead of the buy-and-hold trading strategy, many have begun to use more advanced methods. Futures contracts, trading with leverage, opening short positions are now available. The more powerful players appear in the industry, the more the community takes on them “tricks” from the field of trading.
More and more traders are using short positions in a falling market, allowing them to earn money in such conditions. And naturally, in such conditions, short squids and long squises often occur. Since the majority of traders take short positions in the bear market, many receive big losses, some especially greedy and not experienced margin calls.
Large investors can begin to behave dishonestly Short-squeeze can be carried out only by a large market participant, such manipulations are beyond the power of ordinary traders. How to do this you need a huge amount. As a rule, such manipulations are done by the exchanges themselves. This is illegal - but everything is legal on the cryptocurrency market!
There are conspiracy theories that such manipulations are carried out by exchanges, thus getting rid of customers who will definitely be in the black due to short positions and withdraw money from the exchange ecosystem.
"A Dangerous Tool" - Palantir Rally Ends w/ 6.66:1 Short A detailed look at the weekly price action history of PLTR indicates that the recent rally has come to end ... but I've been wrong before, so I welcome your tough questions and chart-based counterarguments. The strongest confluence supporting my conclusion is the simultaneous retest of the Euler Trend Exhaustion Limit and the 2nd Standard Deviation of the VWAP anchored at the Swing Low.
As always, I strive to render these ideas of mine so obviously that their explanation will require no words, and this forecast is no exception. My trading tactics - including the beauty of Tradingview and how it makes me look good - are based on identifying the opportunities within VOLUME, VOLATILITY and TREND EXHAUSTION.
In this case, it is the last of those, TREND EXHAUSTION, and specifically the use of Euler's number as a ratio in the Pitchfork to estimate the major inflection points in advance, that makes this chart unusual, and explains why it must be viewed in the weekly timeframe. This technique has appeared before (Bluzelle, for example) and will appear again in my ideas and videos.
Notice how price interacted with the Limit before, when it passed thru it for the first time in August of 2022 ...
The Short position is placed in the future, as I expect price to range and even retest the aforementioned AVWAP one last time before falling into the trade. If you zoom in carefully, you will notice that the Stop Loss and Profit targets are discretionary and based on dynamic levels within the AVWAP Array.
The Risk:Reward ratio is arbitrary, and 6.66 is merely a measure of my esteem for this beastly "business" and the product that it sells. As Gandalf said, "If all the Seven Stones were laid out before me now, I should shut my eyes and put my hands in my pockets."
The overlapping S-Curves indicate a price squeeze followed by a breakout, which I anticipate will be upward. If price rise to the highest potential shown, that would only improve the Short entry as opposed to negating my opinion, which is, of course, subjective.
The fact that this company and others like it (BAH, for example) are so enthusiastically traded by a sheltered public foretells of a troubled future, which I look forward to discussing in forthcoming livestreams. Again, I welcome your best questions.
Until then, be liquid !!!
. . .
movie-sounds.org
🔥 LUNA 1-Year Resistance Break Out: Short-Squeeze Coming? 🚨As of today, LUNA has finally broken out through a bearish resistance line that has been produced in September last year. In my view, this can be the break out that patient bulls have been waiting for.
I'm waiting for a daily close above the resistance before calling the break out a fact. Stop below the Sept 4th resistance. Target at 2$.
With LUNA being one of the most shorted tokens at the moment (it has no right to exist), this bullish push can be the trigger of a short-squeeze event that can bring LUNA back up towards the 2$ target or even more.
Bears are sweating on this move.
GME GameStop Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GME GameStop prior to the earnings report this week,
I would consider purchasing the 18usd strike price Puts with
an expiration date of 2023-11-17,
for a premium of approximately $2.54.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Docusign - In Theory, A Long-term Technical MultibaggerDocusign has its earnings call tomorrow and is another one of those stocks like Disney, Paypal, and Target that's been low for a long time (I have calls linked below), everyone wants to get long on, but they don't go up.
The difference between the other three and Docusign is that Docusign may be undervalued at its $10 billion market cap and has significant tells in its price action that show it may be a multi-bagger long term.
It shows the most clearly on the monthly, as the $180 level that the November of 2021 dump took out was never retested or even attempted to be retested on any time frame.
This generally indicates that the market makers will take price back to this level. This is a notable development in light of the fact that price has been in a grinding chop and long accumulation for almost two years.
However, the monthly and weekly candles show no signs that accumulation is complete.
Namely, we are missing the "manipulation" stage of price action where lows are raided.
Considering my thesis on the Nasdaq and the SPX being very bearish this month is legitimate:
Nasdaq Futures - Are You Prepared For Red September?
and
SPX ES Futures - A Great Deal of Caution Is Advised
On the basis that the JPM Collar where America and the world's most significant bank is long 15,800 SPX 4,225 puts that expire September 29 and have never been in the money is meaningful, Docusign earnings tomorrow morning may be a vanguard dumpster fire.
The significant part of the Docusign price action is that the weekly bars show that even a pump to $60 or $61 is still bearish, and would follow in the footsteps of Disney and Target in being a market maker clowndunk on bulls.
I think the trade on this is to long a higher lows pattern forming at either $42 or $38, since that would give the entire trading range since the IPO a higher lows pattern, or wait until a scheduled market rebound in 2025 after Joe Biden is given his second term as President because Donald Trump died in prison for Xeeeeeeting about election fraud.
Either way, I think early bulls are going to get merked, but whoever can stay patient on this stock will pick up a multi-bagger.
But that multi-bagger may not be scheduled for years, and years away from now may simply be too far away to matter whatsoever.
The key problem with any long-term bull thesis on anything is the impending collapse of Xi Jinping's Chinese Communist Party, which has become ever more obvious from so many pieces of economic data, including reports that places like Shanghai are abnormally empty at the moment.
The persecution of Falun Gong launched by Xi's predecessor Chairman Jiang Zemin on July 20, 1999, has gone on for 24 years and even included the unprecedented sin of live organ harvesting against 100 million spiritual cultivators.
Although Xi has been executing the Jiang faction in droves since he came to power in 2013 under the Anti-Corruption Campaign for the persecution, and although Jiang died a few years ago, the persecution continues to this day.
Because Xi is the head of the CCP, he's culpable and responsible for everything the Specter of Communism has done in all of human history.
And so what we may see one day shortly is that Xi throws away the CCP during Beijing evening, which conveniently corresponds to right before Manhattan stock market opening.
The gaps down will be relentless, and will never come back. The bump and run reversal plan to scam the entire world out of trillions more dollars by the Party West International Rules Based Order U.S. Empire will be all for nothing, and everyone will run for their lives.
And on that basis, perhaps Docusign will never amount to anything, for those gaps are obviously there to be retraded to during the next pseudopandemic where you're supposed to stay in your house with the heat off, live on the Metaverse, work on Zoom, digital sign documents, and stay in your open air "15 Minute City" prisons.
Because everyone has been going to Shanghai and Tsinghua to swear Marxist vows, sing Marxist songs, and train the CCP's Zero-COVID Social Credit System for export in exchange for benefits.
Figuring it out isn't very hard. Believing in it isn't very hard. But too many people have made themselves fools.
Humanity, I hope you can walk out of the catastrophe. But in reality, not many will.
EOSE Short Squeeze Potential !EOSE went down this month from $5.70 to $1.24, the CEO accessing a short sellers attack on the stock.
Now considering the pre-market volume, and the fact that the stock is already up 13%, I believe it has a short squeeze potential to the next resistances of $3.30, then $4.90.
Eos Energy Enterprises designs, manufactures, and markets zinc-based energy storage solutions for utility, commercial and industrial, and microgrid markets in the United States. T
he company's flagship product is the Eos Znyth DC system, a battery that can be used as an alternative to Li-ion batteries.
Looking forward to read your opinion about it.