It looks like we're rotating penny stock pumps. FCEL looks primed for the next scam pump up following HTZ, LK, etc. Currently very long with June 19th expiry.
I'm laddering in shorts for JD targeting red horizontal line around $56.50. Relatively confident in this for a retest, but may endure a little anguish if we continue to grind toward $62 before a fall.
Will be monitoring DKNG if we form a double top here over the next week or two (see magenta lines). Will plan to short and close at the prescribed red dotted line
Not a fan of the stock or company, but looks like a great macro accumulation. Will be filling July/August calls for the next week or so. Ideally a massive spike toward $29 to close.
The gutter rider REQ has shown a heartbeat of life with a recent volume spike. The chart above depicts a potential continued bull trend for REQ if price were to breach MA and touch Kijun (red line). If alt season is truly in effect, I'd like to see the cloud-to-cloud touch play out, given we are able to close inside cloud/above Kijun within the next...
Just do this. Free money. We are going to go back and forth to form a descending triangle with apex at LOWEST 7750. There will be a ton of front running long positions with the ETF on the horizon. Therefore, I am setting medium leverage longs in the green box and selling out in the red box.
I am biased and am long bigly in this range.
Happy trading
Positive development progression and a potential for a Kumo Twist may fuel Bitcoin's drive to push through previous ~6850 resistance.
Albeit the 4hr ichimoku pictured leans bullish, the daily ichimoku cloud remains bearish. Typically higher time frames > lower time frames, however, the ichimoku 4hr has been notorious for correct indications.
I am flat and...
I am expecting a slow and boring market for the next week as everyone seems to be on the sidelines awaiting a decisive movement.
I predict BTC will follow this diminishing pattern until a move convicting breakout takes place. Dashed lines show support/potential buy zones at the cloud resistance levels. We are still overall bearish from a TA perspective with the...
XRP checking off all bullish Ichimoku indicators for the 4 hour. In addition to 50/200 MA crossing, we can also see a triangle consolidation forming alongside this uptrend. As this consolidation process plays out, I suspect XRP will burst above the triangle apex and towards a new resistance line -- exit position not set yet! Will hold this long entry for the time...
