This market is ready to take another leg down. There's one stock that hasn't felt real pain yet. Yes, I'm talking to you TSLA, time to DIE.
Hey guys, I went back in the chart and circled what I considered to be similar situations to where we're at right now. I think over the next month, there is an extremely high chance CAT has a fakeout rally that could very well reach $225/share. That being said, I don't expect it to breach ATH's, and I expect the rally to be an incredible shorting opportunity...
SHORT IDEA: from: 20313 STOP LOSS: 21422 Target: 17573
Looking at WLUNAUSD, the one thing that I'm seeing is that the Volume of trading on this coin seems to be exponentially greater than what it was when it was at even it's greatest value, or at any time before it crashed. Is this basically vulture trading, looking to take advantage of the resulting volatility at the bottom here? Or is this some sort of...
Gold showed a dead cat bounce after hitting a fresh three-month low at $1810. Technical: The near–term support is around $1800, a breach below targets $1750.
Don't expect any technical talks with such a view. I cannot say anything but... meow?
Hello Everyone!!! I just checked a very interesting scenario in the Hourly Time Frame. Seems like we moving in an Ascending Channel/Bearish Flag Pattern, and I think we're going to have a big move soon, perhaps in the New York Session even though it's long weekend. Please leave me your thought about my opinion, and if you guys like to, maybe I will create...
My patience is being tested right now. I am running out of possible days of length and price targets. I have the market in Sub-Millennial wave 1 (began June 1877), Grand SuperCycle wave 5 (began March 6, 2009), SuperCycle wave 3 (began March 23, 2020), Cycle wave 2 (began January 4, 2022), Primary wave B (began February 24, 2022), Intermediate wave C (began March...
I’m currently selling small parts because I think we can go way lower. When the upper arrow may come and the price action is right I might also look to take a short. We’ll see. Reasons: -trendline didn’t had a retest - market structure broke bullish so a channel is can very good be formed -simple fib retracement -broken resistance didn’t had retests no...
According to Anton Nell’s tweet, he and Andre Cronje decided to leave the crypto industry. Starting from April 3, a total of 25 decentralized finance applications, including Yearn.Finance, Keep3r Network and Solidly, will be terminated. Affected by a sudden announcement, YFI and FTM tokens collapsed roughly 13%, while SOLID token dropped 60%. Last January, Cronje...
Time to be careful as there are more technical signs that all is not well: 1. dead cross firmly on the Nasdaq since 28 Feb (impending for SPX) 2. Toppish head and shoulders pattern seen on both 3. no signs of sustainable upward momentum yet (need to see a breakup of the near term downward channel for a start) Hence, do not be too eager to bottom fish and when...
Hello traders and investors! The movements on TSLA have been so technical and precise, and it is behaving according to our technique. Let’s update our thoughts. Remember, the link to yesterday's analysis is below this post, as usual. First, in the 1h chart, TSLA is still bullish, as we expected, as it is still doing higher highs/lows. Is there any bearish...
In this theory, there seems to be 3 equally weighted scenarios that may play out in the short term. Regardless, I believe the long term is still a slow trend to the upwards side. However, this could become a more exponential growth if 1 of these scenarios plays out, which has a 30% chance of occurring. Continuation to ATH: 33% "Dead-cat bounce" with a head and...
Looking for the Retracement to the 42000 level by the Friday Options closeout. Strong Break out at 42000 with volume backing it and we continue the Bull Cycle, otherwise, the Dead Cat will bring us to a lower low.
HALF A DECADE since bitcoin first touched $20k. When we adjust 2017 $20k for inflation, that would be around $23k now according to "official" figures. However, prices of everything have gone up by far more. Properties prices have doubled in some places. Adjusted for TRUE inflation, 2017 $20k is around $30-40k today – which bitcoin is BARELY hovering...
With possibly a limp erection stumbling into 2022 until late January 2022 early Feb 2022. Much like if BTC was leaving the New Year party after having a few too many refreshing beverages. Lets face it, BTC now is a little long in the tooth as they say, and no longer the shinning star he once was. He still pushes on at a predictable ROI and a fine place to park...
Don't be fooled by this green candle! Bearish divergence on 4H RSI, possible dead cat bounce. Remember that nothing is a 100% and only you can set a risk/reword ratio for yourself. NAFA/DYOR Trade safe!
Hi guys, Please take a look at my chart. It's pretty basic and let me know how I can improve it. I'm looking to see if Bitcoin can have one last move higher to the mid 50s to complete its "dead-cat bounce scenario." RSI is too oversold and we have majors supports in the 46.5k region. 200 SMA is around the .50 Fibonacci. Thanks.