Please take a look at these trend lines
Please let me know if you agree that this is battle 1 out of 2 taking place today/Monday and part 2 within the next 5 days...
I'm neutral right now, Invested, but hedged.
Much Wow Doge .
Looks like short hedge funds finally flipped long Tesla.
Elon's company almost went bankrupt because of the short sellers.
Now Elon + Internet are getting revenge.
Using the ultimate weapon of mass destruction.
Doge.
Lol.
On the DE30, price has been ranging inside this wedge since many weeks without any success to go out of it. Now, as the path becomes narrower, it's time for a real battle between the buyers and the sellers. The buyers of course have a higher winning ratio since the world is recovering from the covid-19's pandemic that has drastically hit the industrial sectors in...
Frieza transformed and shorted Btc/Zeni with 500x leverage at the 0.618 fib knowing that King Kai had been hodling since 32k. Now the heikin-ashi are being pulled down with 100x normal gravity. Goku needs to go all in and power up to 40,000 to stand a chance. It will take a 20x kaio-ken kamehameha to get to 50k, and then a massive genki dama to ascend to...
Current map of the Bitcoin Candle War.
Grand Triangle... the most massive triangular conglomeration of intense BTC battles that I've ever seen.
It all looks long to me.
// Durbtrade
Previously, the bulls have won the last couple battles pushing hundreds of pips against the trend. Price is nearing 2 forms of structure, one being the top of the down trending channel and the other being previous resistance. We will have to wait and see how price reacts to these structures to take out next position or close out current longs. Regards of the...
Impulse, impulse, impulse formation.
Look at the pattern- this is the text book impulse north.
And it only has began - we are now experiencing the beginning of the 3rd short term wave,
which consists out of smaller(inner) 1-2-3-4-5 impulse.
This promises an unbelievable growth 8000+.
7250 is now the most decisive region(7200-7300).
If bulls protect this level...
Long term still in a clear downtrend with the trend line resistance now at 11200, dropping with 300 ticks every day.
Horizontal support comes in at 9450 and 4/1 fan from GannFan. Lots of negative tech comments out there though support still not broken.
Once broken (9450) it needs to accelerate from their to comfort the bears this is followed by significant volume,...
Good Morning!
A new day, a new Pivot Point system. BTCUSD is on a crucial crossroad (B???). Today, the decision is up about the end of the major downtrend.
Pivot Point is 8163. Below the Pivot point , there is a bearish scenario, above a bullish one. Fluctuating around Pivot point means an undecided scenario and a sideways movement.
If the price of Bitcoin...
We live in uncertain times. One needs to be protect themselves from threats both foreign and domestic. How to do that? With guns from American Outdoor Brands Corporation of course!
This company has recently double-bottomed and has great EPS, fundamentals, good P/E, ROE, etc. We will buy when price crosses over the 500 MA.
Bitcoin is caught in a major battle now between Bull and Bear with Bulls looking favourites to win in the end - so long as 1689-1679 can continue to be defended at all costs.
Big battle took place at the top of this swing up. Break out bar (bob) shows that buyers are no longer accepting higher prices and can expect price to at least retrace to the median line.
If price gets high enough to visit BOB can go short based on evidence of nobody accepting higher prices above.
Can expect a bounce of the value area on the way up as...
