Another Diamond At Play, called the last one that unfortunately failed due to wallstreet manipulation of the coke addicts that should be obsolete at this point, my first target is 41k by monday morning.
buy the Uranium URA dips we may see $24-$25 first, but if $25.40 holds we should continue upwards next week
Russia is "Putin" this long call play into my lap. I see 24 and then a rally towards 30
If you look at this ratio you will see that we are currently just at the pre 1999 tech bubble burst level, it should act as support providing at-least a multi week rally followed by choppiness, once 3.10 is broken, it is on like Donkey Kong on the bear side.
Overnight BTC all towards 38 to finalize diamond, as long as the horizontal line running through the diamond is not invalidated we could see a rally. For those that hold RIOT or MARA, this could mean a nice 25 to 75 cent or even a $1 or more gap up. I sold 70% of my calls today around $15.60 on RIOT, but bought back before the close i'm confident this plays out.
uvxy down and dirty chart forecast to 18.36. We could fall more but over the next couple of days to friday I expect a double bottom at the fib level shown.
SPX short term forecast to 4400 expected, if we fail we triple top if we break 4400 zone we should continue our bear market rally 4200 .618 fib level must hold though!
Ugly Chart but gets point across - 16.75 ST Target, I see this by tomorrow, if we break that then 18 is next zone
target before the big sp500 fall on UVXY, I think we drop to 14.50 by next week.
Space or SPCE is about to his a confluence of support around $9.80, target is $12-$12.50 zone. Long calls at 10.5 expiring next Friday.
Don't let the emotional rants on Reddit, Stocktwits and other mediums cloud your objective analysis - many say sell sell sell and are looking at tick charts on some amateur (I just started trading during covid and never saw a down market and call myself a trader) garbage...On that note, here's my objective view and price target within the next few weeks ($25-$26)
Bitcoin is pointing towards a bear market rally, a much needed rally if our current weekly candlestick eats away at the bearish wick before Sunday Feb 13th new weekly candle plots. Stock markets have been on a roar until Recently abs relatively stocks have not dropped a lot, with Ukrainian stuff lingering it could hurt stocks. But the news has now caused market...
4590 or 4818 then the fall - don't go into bearish mode thinking the correction is complete!
Bullish UVXY at $14 - next major resistance are $17, $20, 22.50 and $25 zone, i'm holding 27 weekly opens expiring February 11th, may pick more up for end of month expiration soon
Bullish overextended short squeeze wedge will take us to our much needed daily and intraday bounce towards $27 to $34. I'm bullish until $27 area and then a hold until $34, then after a reanalysis of the weekly/monthly timeframes at that level I will most likely become massively bearish to the mid teens on RIOT/MARA and sub $40k on BTC.
possible retracement to .382 for second chance entry
Long tail bearish on daily, Intraday double top and previously (this morning) an intrahour 5 to 45 minute wedge pattern fail at the second top tap. Those that are full bullish can't be talked too on this because they are falling prey to confirmation and recency biases, previous bearish views have been invalidated by manipulative (in my opinion lawless/illegal)...
.618 short term abeyance and confluence support at Long Term SMA on 15m timeframe, technical divergence too boot