ABCD Falling wedge final wave starting to paint :) Looks like we triggered some downside to the .786 fib! lets take it all the way to $5,000 and get a flush new cycle off the .786 we could always trigger upside here also here is the ALT count for that . Overall this is pretty heavy Resistance at $5,900 as support so we need to see that broken above to...
2018 is the new 2008... Trend line failure on spx is a early indicator of a ABC correction ... overvalued tech stocks right and left due to silicon valley hype bubble ... I don't make these calls lightly... and I totally understand the implications ... but as a analyst I have to call it as I see it If crypto holds strong than I will be viewing is has a safe...
Most silicon valley tech stocks are doomed right now... parabolic uptrends that are clearly overvalued.. stay profitable
Sorry Jeff... time to dump Tech stock #2 is amazon tech stock #1 is netflix and netflix is already starting to dump... not to mention Nvidia dun dun dun! this is unfortunate due to amount of people that will be out of jobs ... manipulated economy by the ELITE!!!
#siliconvalleytechstockbubble
We are seeing some early signs of bearish sentiment ... I have said multiple times in the past if we get some type of correction in stocks it will be because of overvalued tech stocks such as google amazon Netflix nvidia and many others.. I am not trying to call a top here! we still need to make more lower lows to confirm the trend but we are getting early signs...
Watching this upward channel counting a potential 1 - 2 EW Identifying the bull/bear cycles if $5900 fails this count would be invalidated If we get a impulsive 3 wave here that would be a really good sign bots seem to be accumulating right now thinking bullish because everytime we get a panic wick down we see buying pressure come back in full force so this...
Lol 90% retrace? and people still think its overvalued XD Tp levels in image I rarely give signals out for free due to my VIP product but things are really looking good in the markets and I see big things coming so out of generosity this one is free remember STR buy signal of 2017? yeah same story again here with ripple.. speaking of that STR is breaking out...
this is really cool so I wanted to share it.. stay profitable out there!
8-18-18 Sub waves are showing a ABC correction watching for support to be found between the top of the 1 wave and the top of the 4 wave ABC correction proceeds with a bullish impulse we could make a couple lower lows but this is good to accumulate sub-waves for abc = 1,2,3,4,5 - a,b,c - 1,2,3,4,5 this coin is oversold on MACD in multiple time frames.
Bitcoin completed a triangle correction - Had strong shakeout & panic today - Oversold conditions - Market cycle completed - Thin ichimoku cloud - Inverse H+S on crypto total mcap - Strong bullish trend in big picture Here's the thing with Crypto you have to think big picture & not get stuck in "FEAR" or "Over trading " focus on the biggest time frame first...
coming to test previous resistance, Lots of volume and good news around it , clear trending , fib reactions , More worldwide adoption Please understand this could very well blood bath altcoin Dalin Anderson Highaltitudeinvesting ltd
FIbs baby! Coming to test 520-540 buy in that range
Hey everyone can you smell the confusion in the air? take a moment to think and just feel the energy in the crypto space... what does that feel like? feels like the same energy/sentiment that we had at $6,000 & at $6,500 ... smells like bottom territory . Some things pointing me to this trade! 1 - haven't had a 1.6 billion dollar volume spike on the 3h 2 -...
As you can see we have been putting some nice waves in on the 1 hour with a strong trend since the sub $7000 levels & this is expected to continue however it is important to be aware of both options especially after a strong rally. Bullish scenario - 1. We start impulse to 11k and meet Resistance 2. oversold macd 3. 1 2 3 4 5 impulse wave Bearish scenario...