No position for now. Flip $3 and I think we hit the 1.886 like LINK did.
Can't say I traded this. But ultimately this is where I would take profits if I was still in it.
OI cluster at $115 for september. Been scaling in for the last week. Can't really see it bleeding into earnings and then nuking.
Just an idea. I'm generally bullish but unless we can break past this level with conviction the week could start off rough. Basic ascending triangle, but legacy markets love that stuff.
rejecting from the heartline of the channel. Setting alerts for a retest of the channel and we will see if it can reclaim.
Looking to relong at the 382 fib. Measured move of the H&S forming leads us to the 382 as well as a prior support test.
Looks pretty solid to me. Check out the wyckoff accumulation schematic on google. In theory. Silver should see some pullback here and then begin the real bull run. Would like to see us move to $20 in the short term before pullback.
Measured move is clear. Send it. Above listing IPO Vwap.
Measured move of the ascending triangle lines up with the 707 fib and yearly open. Order flow is bullish.
Now look at $QQQ
Simple premise. Get over the 365 vwap and I will start looking for longs on SPY. Otherwise voting more downside.
I will say that I don't want this. I don't like this. My inner Bitcoin hodler and optimism for Bitcoin prevents me from really really believing this. Posting to see if it comes true. My thesis is that Institutions don't want to buy bitcoin over 2k. We will see another Bitcoin is dead period while wall street accumulates their bags.
This chart is more in jest. Until we break the upper trendline from the 20k peak this structure remains in play.