Possible scenario I've worked out for XBTUSD where the remaining "weak hands" get shaken out. Many in the community have felt that 5800ish would be the last true "bottom" before where start the new bull run. I feel this analysis fits that narrative pretty well. As shown price appears to be in a channel similar to that of 05/28-06/09 which led to a breakdown of...
Very nice bullish uptrend. Bought back my June $30 covered calls for a small loss today. Looking to ride this wave up to $45+ :)
Raytheon had a nice earnings beat and the price took a tumble. Hopefully we will see a return to the previous growth trend (shown with Linear Regression @ 250 four-hours). I've seen two articles on Seeking Alpha screaming the same thing I am: BUY THE DIP! The 'rate of change' graph shows RTN rate of change vs. SPY rate of change. It's just a script I'm working...
US equities corrected the April swing to the upside during the past few days. Some followthrough of this correction would result in a better S&P Elliott wave fit. However, this is not required. The most important equity index worldwide may carry straight on from yesterday's low to the upside. The swing from last week's high, minute wave i(circle), into...
I think that if QQQ drops to the 161-161.5 zone, this offers a good long entry. The reasons are as follows: 1. Gap fill from the morning gap up 2. Successful pullback to support zone 3. QQQ is still uptrending, so buying the dip has an edge 4. Good risk to reward. If QQQ drops below 160.5, we take the small loss and move on. Our target is the minor high near 163.
Rising wedge squeeze-out soon. Lock in profits and buy the dip.
This is a 1D chart analysis; for further detailed analysis on this prediction see the 4h analysis I just posted using the Bitmex (XBT) chart. BTC has had a phenomenal bullish wave upward. Now there is a good chance BTC will pull back on a healthy correction to test prior price structure support and the long-term uptrend support line shown here before making...
Hey guys... been a few day since doing a video, so I thought I would highlight why I believe being mindful of weekly levels are extremely important to your trading plan. While I think indicators can be useful, personally, i'm trying more and more to minimize their use and stick to price action along and limit the amount of time spent in the charts. As I have...
Last week there was again some market panic which caused a selloff in stocks. There are a lot of broken charts right now on a lot of different stocks. But fundamentally market is still looking strong. So i'm going to buy the dip. In a few months there is a high chance we are back higher. Time to deploy cash on monday.
Hi. Seems there will be an announcement of a multi-million investor for VIBE and soem other rumors. For now it pushed the price nicely. But I see a inverse H&S formation building up here for the next wave. Could reach 5k+. Just an observation an idea of someone who has no clue. No financial advice.
BITTREX:VIABTC VIABTC will certainly be one of the coins to watch in the upcoming Spring/Summer of 2018. With a max supply of only 23M and a market cap of only $62M, this coin is still grossly undervalued (currently under $3). These fundamentals mean this coin has some SERIOUS upside mid-term potential. From a technical standpoint, VIA has plenty of room left...
HI guys, I wanted to analyze the TRX/BTC on binance, but on Trading View is only Bittrex (less timestory). This is my TA on Tronix (TRX) token, I'm not in about if it's scam or worth it , just cheking the bips ^^. On 31 May it will be the official mainnet launch, it means a migration from ETH platform to their own platform, I predict: 1. Whales will buy TRX...
COINBASE:BTCUSD Bitcoin is setting up to do something exciting. We have a potential huge inverse head & shoulders developing on the daily chart, and now that we have overcome the large downtrend line, we should be watching for higher lows and higher highs as signs to accumulate coins. On the hourly chart, I see old resistance becoming new support around 10765,...
Stock is right now forming a bottom. Between 70-75 dollar stock is a bargain imo. I will buy the dip, over time this stock can go back to 80 dollar and beyond.
$SPY MACD may turn here. 200 MA hit, working thru moving averages.. MACD daily predictable directional swing trade indicator.. Feb 20 726 AM $SPXL $SPXS Really decent action for those the held or added / bought the dip. Excellent trading opportunity in $SPY on the last wash-out.
analysis on chart
Watching for Bounce here off the 10. If we do not hold, will watch for a play off the 20 EMA. Solid play!