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Waveanalsysis

NVDA Topping PatternUnlike the previous call, I made in NVDA that was corrective. This double-top pattern is signaling a reversal pattern. From a trading perspective, this is a great risk/reward setup that is relatively simple. A CRACK! here will likely lead to at least the right side filling, with the potential deeper pullback (reversal) If on the other hand, it pops above recent highs then no trade or an easy stop out. As you all know I don't do targets, I think they are silly and only used to pretend one has such insight not only can they call the move but also a "target" too. Yeah well, I'll leave that to the "experts" ;) Bulls don't be a dick for tick. Shorts take some early profits to improve cost basis but let this one ride!
NASDAQ:NVDAShort
by RealMacro
3
VIB : GOOD OPPORTUNITY FOR HAVING A 100% Profits#Accumulation_Recomendation Pair : #VIB / #BTC RSI : 46 Note : Just before the Binance FUD announcement VIB was in a very good bullish trend and was forming a very bullish candle stick pattern. But after the FUD news since most alts did got into a huge volume out scenario we have seen a big bearish candle creation. But this temporary bearish mode doesn't seem to continue after we will see a good account transfers to other exchange accounts and the alts will most probably get there momentum back once again. RSI actually needs to be in the positive side but MACD still in bulls side and EMA still bullish for the short term if volume can get its strength once again. Even though the trade needs a strict trading strategy specially on the stoploss and capital accumulation management areas for sure it will show us a good profit. Accumulation Area : 565 sats - 580 sats Distribution Area Short Term: Target 1 : 594 sats Target 2 : 620 sats Target 3 : 639 sats Mid Term: Target 4 : 671 sats Target 5 : 698 sats Target 6 : 731 sats Target 7 : 769 sats Target 8 : 796 sats Target 9 : 885 sats Target 10 : 998 sats+ Stop Loss : 34500 sats Capital Accumulation : 4% Risk : High
Long
by cryptotalk_et
2