This is a quick tutorial on the Trend based Fib Time. Please like the video if you thought it was helpful, and follow us for more quick tutorials and ideas! Let us know down in the comments what tool do you want us to do a tutorial on.
Waiting for a breakout of the wedge forming in 4hr timeframe. We should see a nice impulsive movement soon.
Trly is looking to have an upward trend reversal. BlueWave green dot buy signal RSI is oversold
Doge did a retest on the new support and it held. Should be going up from this point
If you're looking to buy GME, then I would enter at the buy zone. Which would be in the $150-165 range. Also, do not buy all at once, Portion your purchases. For example: If you want to invest $1000 in GME then portion it into 3. $320 would be your first purchase, if it goes lower then use your second portion. And finally, keep the last purchase portion on the...
BlueWave gave a red dot Sell signal Adding in another confirmation with the overbought RSI It might drop a little lower (not by much) before it starts rallying again due to the earnings hype next week.
Here is some TA on GME using the Fib Circle. 4hr Chart. Each circle line acts as a support/resistance line So far im bullish on GME. I would like to see it hold the yellow support line I drew. As you can see the RSI is overbought, and the Bluewave is about to give a red dot sell signal A good price to enter would be around $166
Fib Circles are useful to see support and resistance levels that are not horizontal. Please like the tutorial if it has helped you and follow us for more educational videos!
I used the Fib channel to see these target points. $430 seems to be a major resistance point, might take us few weeks to a month to reach this level.
As you can see Doge has an Ascending triangle pattern in the 1hr TF. I would like it to complete an Elliot triangle for me to be bullish on it.
BTC is looking bullish on all indicators in the daily TF. If it does go under 50k then it's a strong buy point.
MVIS is having a huge run. I would expect it to have a huge drop after earnings (on the 29th), even if they DO great in earnings, they should drop just because of this huge run-up. I would consider buying PUTS on MVIS a day before earnings. This is obviously risky, but it's the most rational way to play this.
I think BTC clearly finished wave 3, we are on the way to wave 4 correction. Low 40s ( 34000-36000) price range will be a nice demand zone to be long for a good RR.
It has more to go down for now, unless it shows us otherwise.
BA - waiting it to finalize the correction and entering in the demand zone will give us a nice RR
In this video I explain how to use the BI indicator (Buffet Indicator) In conjunction with the RSI 14 and the DMI indicator.
In this video, I show how PLTR is completing an Elliot Triangle, with very high bullish probability due to the upcoming earnings