I'm expecting further pullback next week leading into fed rate decision. Gaan Fan seems to be working well and break below red would suggest that we're topped out for this cycle.
I've been really happy with levels produced using the pitchfan tool. I typically place the left anchor on the local high and the bottom anchor near the local low, then adjust slightly until it looks correct. The best fans tend to 'drop' into the pattern, i.e. it enters the pitchfan drawing on a descent. I will update or repost this chart as it plays out.
Hurricane Beryl took out the power. Decided to publish my chart. I've had the fan locked for months.
Looking for a daily close Above the blue bar To prop up my hopes For a bullish continuation. -Traders Haiku. Is that even a Haiku? Is this even a bull flag?
Bitcoin is entering a bull market and NASDAQ:BTBT has entered into a contract to supply GPU power for AI development. Revenue from the AI contract could be up to $250M, which is more than the current market cap of the entire company. Holdings of BTC will benefit from bull run, and mining revenues will multiply. Going back to $3.00.
I traded APPS during the last run up until about $65, sold some huge profits there and didn't look back at it until about a week ago. Back then, I traded APPS using the AI Scanner's (some dude on stocktwits) aroon indicator and found it worked well on APPS. Looks like the aroon indicator is still working well today. +200% on my calls today.
I've got this thing dialed in now... I think it'll work better with Bolling Bands. One possible bull scenario is charted for tomorrow.
Maybe a brief continuation to the upside Monday as a fake-out, then big downside move before more up. Revising prior prediction for Monday.
Which pattern do you think is most likely? I'd say we're going to print a big flag on the daily, within the big green box.
I've been working on a strategy using this fan pattern tool. I plotted a couple trap patterns we might expect for Thursday / Friday.
A noticeable trend divergence started November 2022, right after the elections...
Boing Boing Boing. Sold calls bought puts to0day. Hope and pray I'm right.
Preparing for various scenarios this week. I'm going to be watching charts, but I am looking for upward movement Monday morning, then a rejection and strong downward move to end the week.
Oxen is doing an airdrop of $FLIP Tokens to Oxen Service Nodes. Checkout cf.oxen.observer (paste into browser) for more details. Checkout the Telegram for a group of like-minded nerds. Staking Oxen is EASY and $$$. Great long or mid-term hold.