DigitalMoneyTraders

DigitalMoneyTraders

day of rest -excellent gains- best week move for last 9 months or something like that - time for healthy retracement

DigitalMoneyTraders

find the Higher Low potential confluence zone/ buy zone -wait for peak volume -reversal candle - short term trend change on small time frame

DigitalMoneyTraders Updated 

LONG - bull flag- text book on time and retracement -ascending triangle -running triangle -Elliot waves coincide - held down by $350 psychological I can live with this setup. I can put on large size and be wrong--- and still sleep great that night. CON -has not even touched $350 yet- selling prior each time - would not be surprised if this suffers 1 false...

DigitalMoneyTraders

zoomed in view

DigitalMoneyTraders

What an obvious move! - that means many people will be acting on it. - I would be shocked if BTC doesn't start a new trend very soon - buy BTC if it breaks and remains above $6800 and hold it-- only con- some famous trader- liked to bet against obvious patterns -" bet against the majority, when the obvious move fails exits will be overcrowded"

DigitalMoneyTraders

daily/ weekly H&S top - technically the pattern has already confirmed- 5% move after break neckline confirms pattern. looks scarily like distribution on the "psychology of a market cycle chart'

DigitalMoneyTraders

short term SPY needs a day of correction--- APPL AMZN NFLX needs to set higher low on larger time frame--- today SHORT

DigitalMoneyTraders

needs to retrace before further movement north

DigitalMoneyTraders

supposed stock buy back

DigitalMoneyTraders

yup

DigitalMoneyTraders

my tracking on entry- look to other chart for overall idea

DigitalMoneyTraders Updated 

Broadening Pattern - this chart held up nicely- compared to other big names-- remained inside its potentially bullish pattern 50/30/20 Rule -50% what the market is doing -30% what the sector is doing -20% what the equity is doing and chart pattern If market tanks again- this pattern could get invalidated. maRKET Elliot Wave Target

DigitalMoneyTraders Updated 

my tracking - if this doesn't come down to $14 and below id be surprised. matches the "psychology of a market cycle" chart. nothing goes straight up or down- waves up and down tide is going out my tracking - trade active-- could probably get a better entry but life forces early purchase

DigitalMoneyTraders

falling wedge rsi oversold rsi divergence higher lows fill the gap

DigitalMoneyTraders

falling wedge oversold fill the gap

DigitalMoneyTraders Updated 

overall trade ideas - play the bounces, then enter aggressively short - expect further correction

DigitalMoneyTraders

overall trade ideas - play the bounces, then enter aggressively short - expect further correction

DigitalMoneyTraders

Halted for news- if Bullish buy higher low and ride next price cycle Goal of trader- identify new trend as soon as possible and ride it as long as possible