SeleCTCapital

SeleCTCapital

Retail traders have increased their long positions significantly from 101k contracts on the CME to 285k contracts. Institutional investors have increased their short positions. The $73.5 weekly order block is likely the medium-term target. It can go lower to the $68 level, so do not long prematurely and wait until a clear demand structure forms on at least the 4...

SeleCTCapital

USOIL has been very volatile in the past 2 weeks due to news surrounding further cuts in oil production by OPEC nations. However there has been a large sudden increase in retail long positions and this likely means we see further downside before any resumption of upside. There is a lot of liquidity to be grabbed around the HKEX:69 - HKEX:70 level (H12 OB)....

SeleCTCapital

Majority of traders are loading up on their AMEX:BOIL longs and natural gas futures long positions. This is why SSL will be grabbed first between $1.5 to $1.7 before price can increase.

SeleCTCapital

If you see the majority of traders saying that the bottom for natural gas is in, then you should be sure that it isn't. I predict that natural gas will take out these equal lows at 1.91 and we will see 1.784 soon. The uptrend will start when no one will be talking about it. Unfortunately, the majority of traders are in long positions and due to market...

SeleCTCapital

Wonder why all the altcoins are selling off right now. It's because the smart money has left and instead re-invested the money into bitcoin. This is a high probability trade. BTCUSD is likely to reach $23,000 by end of this week. The low volume red candle amidst the moderate volume buying suggests a significant trend reversal. Selling all your alts today may be...

SeleCTCapital Updated 

Elliott wave theory has worked once again. Huge target at 0.0822 BTC in the next 2 days. Sometimes, these big opportunities are hard to miss!

SeleCTCapital

Very high volume symmetrical triangle breakout. RSI and MACD just powered through, target is 60%+ approx 16413 sats.

SeleCTCapital

Fib extension and Elliott wave analysis points to a top of 21000 today. This bullish supercycle is the last phase of wave 3 until pullback.

SeleCTCapital

Looks like a bearish setup, should be a good breakout play.

SeleCTCapital Updated 

GCR has sold off largely due to the huge rally in BTC and unfavorable technicals. However, if one analyzes the charts from May 2017 and September 2016, it will be realized that the major spike is usually preceded by a smaller initial spike approx. 14 days before. With the reversal at 0.00001, at which I observed almost no selling and large volume of buying, this...

SeleCTCapital

BTCUSD may continue going upwards, however it hasn't even touched the previous upper trendline support level yet. It still has room for further correction. However, do notice that BTCUSD, like all cryptocurrencies, are speculative investments and are also subject to a high level of manipulation. With Bitcoin mining difficulty set to increase, this also leads to...

SeleCTCapital Updated 

GCRBTC just recently developed a second inverse head and shoulders pattern ~8 after the initial pattern. This is a rare bullish signal, and if BTCUSD drops, this could be the catalyst to the projected 0.00012 BTC. RSI is trending upwards too, and the MACD is signalling a reversal on the 30 minute chart.

SeleCTCapital

Development of inverse head and shoulders pattern on 30 minute chart signals a possible bullish reversal. Must break the neck line of previous head and shoulders to continue to moon shot. Likely time frame of hitting highs of 0.00007~0.00012 satoshis is possibly by late Thursday/early Friday. Get in if you believe in the chart. 0.00002~0.000035 are good times to...

SeleCTCapital

$NAK has been sold off heavily since February 2017 and with another sell-off in May. It has only recently begun to climb up again with rumors of a partnership deal being announced as early as mid-late October. By looking at the up-trending RSI and OBV, it can be seen that the stock price has generated a solid upward momentum. Furthermore, the Ichimoku cloud...

SeleCTCapital

No position in $MSTR.There is a positive divergence pattern happening since the last crash (28 August 2017). I predict this stock to increase into earnings and also during earnings (provided there is an earningsbeat/upbeat guidance). Resistance is seen at $141.65. Although there is a large gap to fill, which may be a positive moving forward.The downside risk...