Nick1upTrading

Nick1upTrading

First off this thing is getting an insane amount of buzz all over reddit with every other post shilling this stock. Lots of DD on this which can easily be found, But from a technical stand point this is the most likely path if it stays Bullish. Short Term down, Mid term Bullish. -Nick

Nick1upTrading Updated 

Low time frame bullish scenario and an easy area to manage risk. A 4hr close below the blue box and the next support is around 60k

Nick1upTrading

4HR time frame downtrend and currently testing resistance, lots of things lining up in the 55k range.

Nick1upTrading

Shib has broken out of a symetrical triangle on the daily chart and is currently retesting. Thea measure move is the upper blue box, and this idea is invalidated with a daily close below the lower red box.

Nick1upTrading

The chart says it all, shorter term down and longer term up. Don't over complicate thing.

Nick1upTrading

A close below 0.00002563 for confirmation and the fun is likely over sooner rather than later, I do believe the highs of this rally are in but a potential back fill to 0.00003085 is still possible.

Nick1upTrading

Assuming we get a rejection from the upper blue box, I will be targeting the lower blue box for an area to take profit. TEL will likely bounc from that area and potentially head lower. This idea will be invalid if we take out the previous daily high.

Nick1upTrading Updated 

After a nasty 35% drop I would say lots of retail investers are getting a little worried. However if you look at the daily chart we are still in an uptrend. The lower blue box is the area to watch, a close below this will start to look very bad. But for now its still bullish, until its not. Keep it simple, the upper blue box is my target as long as it stays bullish.

Nick1upTrading

Confirmed lower low and now a confirmed lower high on the weekly chart, definitely not a good look. Take off the bull goggles for a little bit because this could get ugly.

Nick1upTrading Updated 

Bitcoin is still currently consolidating right now, I would wait for a break of the range for confirmation. Since we had this run up on the weekend this is definitely not a time that I would recommend front running this formation. if it breaks up, the measured move also lines up with daily resistance (upper Blue Box)

Nick1upTrading

My opinion says we will break above the lower blue box from here, but I don't trade my opinion. Wait for confirmation and trade accordingly.

Nick1upTrading

NO CONFIRMATION YET! But if this does break down out of this formation the measured move will be around the previous swing low area at 30k.

Nick1upTrading

So here is my weekly outlook for Bitcoin. As you can see Bitcoin has some decent buying pressure coming from the lower blue box (Liquidity Zone), So the most likely scenario from here is at least some upside, The $41,000 range will offer some resistance on the lower time frames, assuming we break that my upper blue box will be my target area to watch which also...

Nick1upTrading

$17 range is likley and if price action makes it down there I am expecting a weak bounce and potentially new lows.

Nick1upTrading

Bullish change of trend on the 4HR time frame, higher low and higher high. Plain and simple trade idea. -Good luck fellow traders! -Nick

Nick1upTrading

the blue box area is the take profit level, pretty simple setup.

Nick1upTrading

Well maybe, but a nice pullback is definitely likely. Blue box support also lines up with the 0.5 fib so lets see how price reacts if we test this level. #securethebag -Nick

Nick1upTrading Updated 

Tesla is putting in bearish divergence on most time frames and I am waiting for confirmation on the daily, a daily close below 628 will confirm. The previous major swing high lines up with the 0.618 fib and will also line up with the weekly 21 ema when price gets down there. Short-Mid term down with a potential longer term entry after this pull back (if we get...