I see a potential on the charts for a 20 percent move down on AMD to the next demand zones. The key one being at 48-50 usd. This is where i will be more agressive on buys. The next zone is the low around 38 usd. But i would be more careful if we retrace that deep.
First place is the value are low and 0.5 fib with taking out those last lows. Or lower at the golden pocket and that last just above it.
Looking for these lows to be taken out before a confirmed move up. This range has built liquidity and people need to get knocked out before a nice pump.
Looking for this last low to be taken out for liquidity and then get a rally up to the golden pocket.
Looking at this potential bearflag on TSLA. Would like those lows to be taken out before we get a relief rally/trend reversal.
Hello, Got a nice pitchfork and a 1:1 extention to form the current low. Now as we are sideways, i am looking for a push up and then a pullback.
Hello. Looking for AMD move to get a reaction at 109-110 for a short position. As confluence we have the 1:1 fib, 618 fibonacci, daily orderblock and the anchored vwap from the ATH. Be aware of this area. If we clear this, than its looking bullish again imo. A good place to take profits, if you are in from the lows.
Teladoc is range bound atm. We might have this range for a long time. best trades are to long the low and short the top. We got a rejection from the POC of the range and are making our way down to the golden pocket, HVN and an orderblock. If we loose this level i am looking down to the bottom of the channel. As being in the channel we are also in a descending...
So i forsee this harmonic playing out if we get a bounce from the golden pocket and range value area low. The stop loss is kind of vague for the long trade, so the best trade would be the short from C with stoploss above A and then take it down to the un tapped weekly at 11 dollars. Then switch for a long trade/possible swing trade. No financial advice, just my opnion.
So.... why did we stop here...? Have you heard of single prints? These give powerful S/R levels. When price shoots through levels it leaves behind single prints (TPO theory) and these act as magnets for price. We filled the Sp's to the dollar, like really - to the dollar. Don't try to tell me this market is random and TA does not work. After the fill, we got a...
So a possible scenario on CWAR. Seems to be forming a bullish Cup and handle pattern. The local range is tightening a break out to the upside is possible soon (OR DOWN SIDE, you never know). A confirmation for me would be breaking the trendline on high volume or doing a swing failure patter of the lows. That would give an easy invalidation. No financial advice,...
So to trade altcoins. It's one of the most difficult things to do in the market. Why? Well the altcoin usd pair is in HEAVY correlation with the BTC pair. So CWAR:BTC dictates CWAR:USDT moves. And CWAR:BTC depends on what BTC does. So in order to trade an altcoin, You really need to do 3 bits of technical analysis. One for the btc pair, one for the usd pair and...
So SLP is pulling back, after pumping 100%. As a possible support i see the local CC fibonacci line up with the value area low of the range. If this does not hold, i am looking for lower, possible that we visit the lows of the range again, if BTC starts a pullback. No financial advice Papertrades only.
So Yesterday i posted a long and short idea. But those are out of the window now. CWARUSDT exceeded my target and is showing strength. At the moment we are consolidating in a small range below resistance (considered bullish) We rejected from the 4h Order block and Global Value area low, also closed below the VAL. This VAL is a KEY level for me, see a reclaim,...
Gaming tokens are the next big thing to pop IMHO. CWAR is on my radar. It has had a heavy sell off and now is in my opinion in a accumulation phase. This might go on for a long period. The game is due to be completed by Q4 this year. We have been trading in this nicely defined range that is 20% + wide. Great way to accumulate an asset. We are currently forming a...
For those of You who are still trying to figure out, why we bounced where we did. For trading You always need confluence, the higher the time frame the stronger the level. Always start with the big picture and work your way down to a daily plan if You like to trade daily. If You are a swing trader, just do Your analysis on higher term time frames. This bounce...
My next area of interest for BTC:USD is the red box marked on the chart. At the moment we are finding resistance at Anchored VWAP from the Corona low and the POC from the last Consolidation range. In general consolidation under resistance is considered bullish if You see an increase in net longs, open intrest and positive delta. As all of the media/youtube/twitter...