TraderZero21

TraderZero21

Based on a conservative reading of the rainbow chart, analysis of Bitcoin's cyclical nature, and based on current events.

TraderZero21

Bottom of the channel, oversold as ever. A recent breakout occurred, only stopped bc market downturn. Bollinger bands say something needs to happen. Back @ strong support. Prices may never be this low again. Could go to $100 this cycle. Wouldn't surprise me.

TraderZero21

Bitcoin's recent success isn't thoroughly shared throughout the altcoin market, which is, in fact, very much correlated with Bitcoin in the long term. I doubt the stall can remain for much longer and forsee bright futures for altcoins if Bitcoin's rise continues.

TraderZero21

Introduction: Labor is a scarce resource that is imperative to the success of individual companies, big and small. However, its scarcity isn't a fixed rate. Ceteris paribus, the more easily companies can get labor, the more easily they can grow and expand. This goes the other way, too. If companies can't find labor, they will have more trouble maintaining growth...

TraderZero21

Huh. It seems like Bitcoin is more cyclical than we thought. I originally believed that it was as simple as "halving then up", but now I see something more specific. It seems like Bitcoin strictly follows a pattern of a three year uptrend with a one year downtrend. This would predict a downtrend starting January 1, 2022 and going to January 1, 2023. On January 1,...

TraderZero21

Not investment advice. Make your own choices. Just my opinion.

TraderZero21

EUR/CAD is forming a large ascending triangle and is currently bouncing off of the support trend line . However, it is struggling at a key level (marked in yellow). After a breakout and retest of this level, there could be a great opportunity. Not financial advice.

TraderZero21

I might trade this. Could make 440 pips trading the break of a retest on NZD/JPY. NOT FINANCIAL ADVICE. Free analysis.

TraderZero21

Potential H/S retest trade 178 pips. Not financial advice. Free analysis.

TraderZero21

It looks like we have a head and shoulders pattern forming on the short term USD/CAD charts. Being that these patterns fully form around 83% of the time and being that we have a pretty good Risk/Reward ratio, this seems like a nice setup (if it completes). To be clear, this is not financial advice. Potential Head and Shoulders Setup on USD/CAD

TraderZero21

Good Reward/Risk Ratio considering that around 83% of H/S patterns succeed. Not financial advice.

TraderZero21

To me, TNA looks like it is returning from a possible oversold position (RSI). It seems to be following the support trend line seen on the chart. The MACD might be converging to bullish. I'm liking this trade setup. I'm long, but I'm not necessarily correct. It could go to zero. My account could be worth zero. Don't invest based on my opinion, you could lose all...

TraderZero21

Look, I'm not really taking a position, but this is some possibly scare stuff! Is the stock market oversold on a long term chart??? Could we be about to see a multiple-year correction??? I'm not taking a long or short position on this, just discussing possibilities. For that reason, this isn't financial advice. Don't invest based on my analysis. I could be...

TraderZero21

Sorry everyone - I'm not great with the pitchfork tool. Just ignore the top lines and call the bottom three lines the channel. I simply put a trend line through this bull run and brought it to the top of the channel. The price I got was around $277k for the end of this bull run, around summer-time. Remember, I can make mistakes! If you listen to me, you could lose...

TraderZero21

Bitcoin might have just recently dropped below the 200 period MA on a 2hr chart. I definitely don't think that this wave of the run is over, so I would call this a major bullish flag. Based on previous waves, I would say that we have plenty of room to go up in this wave. Using a channel that I drew and using the Fibonacci Extension tool, I predict this wave of the...