johntradingwick

johntradingwick

NASDAQ:SMCI delays their 10-K filing for FY2024. The company said that additional time is needed 'to complete the assessment of its internal controls over financial reporting.' Delaying the filing, especially right after Hindenburg’s accusations, raises serious red flags. A $300 target seems like a genuine downside. Disclaimer : This post should NOT be...

johntradingwick

Imho, the worse is likely in and even if we get a pullback, we'll chop around somewhere near the POC. - 75% retracement - Tapped the demand zone - Previous swing low defended - Reclaimed 100MA on daily - Reclaimed POC - Time + Price based capitulation likely done - Possible selling climax in If the market stays well, we can expect Popcat to hit $2-$3 in the...

johntradingwick

Imho, the worse is likely in and even if we get a pullback, we'll chop around near the lows. - Swing failure at range low - Previous lows and range low defended - Previous year high defended - Reclaimed 200MA on daily - Reclaimed POC - Time + Price based capitulation likely done - Possible selling climax in Disclaimer: This post should NOT be construed as...

johntradingwick

Seems like the chance to buy the hat at such cheap prices before it follows the Solana fractal from 2020-2021. Imho, the worse is likely in and even if we get a pullback, we'll chop around near the lows. With BOJ capitulating within 48 hours and taking a U-turn on its stance, there's a good chance that the low is in for majority of memecoins, and the extreme dump...

johntradingwick

The CRYPTOCAP:WIF bottom is most likely in, and it'll slowly start to outperform most of the blue-chip memecoins this quarter. It seems like either the underperformance low is already in or is very close in most cases. Look at these ratio charts ⚡ WIFBTC ⚡ WIFBONK ⚡ WIFPEPE ⚡ WIFFLOKI ⚡ WIFDOGE ⚡ WIFSHIB ⚡ WIFMOG ✅ WIFBONK ✅ WIFPEPE ✅ WIFFLOKI ✅...

johntradingwick

Pepe coin, a meme coin that’s quickly becoming a legend in its own right, has astonishingly reached the 3B market cap mark, positioning itself as the 3rd meme coin ever to achieve such a feat. This remarkable achievement comes after a staggering 400% gain in just the last week. 🔥 Currently, it stands proudly at the 40th rank by market cap and an impressive ...

johntradingwick

Who is Peter Lynch? Peter Lynch is a renowned American investor who is best known for his tenure as the manager of the Magellan Fund at Fidelity Investments from 1977 to 1990. Under Peter Lynch's leadership, the Magellan Fund became one of the most successful mutual funds in history. During his tenure, the fund averaged an annual return of around 29% ,...

johntradingwick

Hi all, hope you guys are doing well. In this post, we are going to see how we can combine different indicators/concepts to create confluence zones and find high-probability trades. Introduction A trade that has a greater chance of success than a regular trade is called a high-probability trade. Obviously, it's our assumption that some trades have higher...

johntradingwick

Updated 

Key highlights: ⚡️ Symmetrical Triangle ⚡️ Support from Flip zone ⚡️ Bullish market structure ⚡️ Volume expansion A logical setup is to enter on the retest of 240 zone on lower time frames. Aggressive stoploss: 237 Safe stoploss: 230 Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own...

johntradingwick

A bit late to the party! Key highlights: ⚡️ Wyckoff accumulation schematic ⚡️ Range breakout ⚡️ Bullish market structure ⚡️ Volume expansion A logical setup is to enter on the retest of range high or the previous supply zone (now a demand zone). Stoploss : 560 Target : 650, 680+. Disclaimer: This is NOT investment advice. This post is meant for learning...

johntradingwick

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Key highlights: 1. Approaching weekly demand zone 2. May try to reclaim 200MA cluster 3. Volume climax 4. Approaching previous support level 5. RSI oversold on multiple time frames 6. Wait for a reaction from the demand zone Conclusion : We may see a relief rally in the coming week. The idea seems to be too ambitious at the moment. Wait for a reaction from the...

johntradingwick

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Key highlights: 1. Sitting in Daily demand zone 2. May try to reclaim 200MA cluster 3. Volume climax 4. Sitting at previous swing level 5. Formed a high volume bullish hammer on daily 6. RSI oversold on multiple time frames Conclusion : Expecting a relief rally in the coming week. Disclaimer : This is NOT investment advice. This post is meant for learning...

johntradingwick

Key highlights: 1. Bounced off H4 demand 2. Trying to reclaim 200MA cluster 3. Volume climax 4. Bounced off previous swing level 5. Formed a bullish engulfing on daily 6. RSI oversold on daily and is curving back upwards. Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy...

johntradingwick

Key highlights: 1. Bounced off weekly demand 2. Closed just above 50MA on weekly 3. Bounced off weekly support level 4. Formed a high volume Hammer on weekly 5. Formed a bullish engulfing on daily 6. Trying to reclaim 200MA cluster 7. RSI oversold on daily and is curving back upwards. Conclusion : Expecting a relief rally in the coming week. Disclaimer...

johntradingwick

Updated 

1. The current structure looks very similar to the accumulation structure formed in May-August 2021. 2. The distribution schematic was clear in May, but this time (in November) it was not as clear and seemed like a pullback. 3. Retailers are bearish now since the price broke down below 200MA and a death cross is nearing. This is conventional thinking. Retailers...

johntradingwick

Hi all, today we are going to study about basics and usage of technical analysis. I have prepared this wholesome post so that you guys are able to understand what technical analysis is all about. I have shortened the sentences to readable points, hence, don't mind the grammar. Learning objectives: After studying this post the student should be able to...

johntradingwick

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Key Highlights: 1. Higher time frame trend = Bearish 2. Multiple BOS to the downside 3. Retracing back towards the 4H POI 4. Liquidity pool overhead 5. 2 probable trade set-ups: a> Rejection from the 4H POI b> Sweep above the last HTF high taking out the liquidity before falling back towards the range low Disclaimer : This is NOT investment advice....

johntradingwick

Updated 

There have been multiple BOS to the downside. Here are 2 potential short set-ups from 1H POI and 2H POI. Take the trades only if there is a change in market structure. Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar Singh (@johntradingwick)