After the recent confrontation at major obstacles (the stiff resistance of $10,000 level), bitcoin bulls attempting to show some resistance against the US Dollar on lingering fundamental news that global payment giant, ‘PayPal’ might launch the crypto trading mechanism, even though there are no specifics about the news. Many cryptocurrency exchanges ponder over...
The information in this guide is intended to get you started with your understanding of options, the terminology, and their basic characteristics. In addition to this guide, it is recommended that you study all information available under the education section of your broker’s website. Most brokers who cater to options traders provide good information that will...
Hello, This video idea covers some of the big updates added to Pine and TradingView over the last several days. Most importantly, I show you how to use the following new features: - line.get_price() - a function used to get the price of a line object on the chart at a specific bar value - label styles - how to use the new styles added into Pine for your...
RSI and stochastic cannot stay up here forever. There is divergence. You can see higher volume on some red candles on smaller timeframes. June ends the 2nd quarter and here is an article about the possibility of big funds selling growth stocks to take profits and rebalance their accounts. www.cnbc.com
Inverted head and shoulder about to be form looking to enter a call option near MA 50 target neck line and higher
A probable Cup 'n Handle in the making on a high timeframe which is inclining a following downtrend in the very near future but a strong uptrend, when the handle doesn't retrace more than 30%, on the long term. !!!DISCLAIMER!!! I'm new to analysis since november 2019 and this idea is only for the purpose of sharing ideas NOT investment advice, therefore any...
Okay this is too good to be true, but charts seldom lie. Applying the principles of vibration to the Bitcoin market, it is quite evident that the price of Bitcoin is aiming 1 million by Q3 2021. However it is hard to personally believe this, so sharing this analysis for the community's feedback. Time Cycle - 34 Days and 5 days gap for the next cycle to...
Here on the Euro we have a 222 pattern that fits due to the 3% tolerance outlined in the Harmonic Trading Volume 3 book Scott Carney published in 2016 (I THINK). The white line is the HOP Level for the Pattern! We have a classic Bullish Flag Pattern that has formed on the Daily chart and there is about 300 pips from PA now to the HOP Level. If PA closes above the...
Cup and handle pattern still on the going, but I change the objective price up to $4.9X to $5.06 MACD confirms the bearish movement, so we can expect the price goes lower, also StochRSI shows that we're on the bottom of the oscillation, so we can wait a few more days for the rising movement and the probabilty of a bullish trend if C&H pattern is confirmed. I...
The crypto market is following the stock market lock step. While the stock market as a whole is lagging, tech companies are propping up the market and have returned to their highs. Case in point with XTZ, while BTC has returned to it's pre-crash level, XTZ has not. It's trend has lagged and it's now forming this head and shoulders pattern. The only thing saving it...
Hello everyone, Ever since the early days of Bitcoin, skeptics have always asked – is Bitcoin a bubble? Is it just another inflated and overhyped trend? The concept of the “Bitcoin bubble” has intrigued people for many years – there have been a lot of calls and claims that the “Bitcoin bubble burst” happened on different occasions throughout time – but the...
Please Support this Idea with LIKE if it is Useful.... USDCAD The price is close to Support/resistance level,If price breaks below the support then after a pullback the pair could give us a nice sell opportunity with good R:R ratio,wait for the price to break below the level after a pullback if price gives any bearish signal then look for sell...
Just like in May 2001 and May 2008, we appear to be in a bear rally. This is difficult to see by just looking at SPX because SPX is manipulated by the money supply; However, if you look at SPX/M2, this becomes more clear. See the similarities on the RSI and MACD. This seems to suggest that some time before the end of July 2020, we will see a top in the market. ...
The Empire is strong, Darth Powell’s lightsabre is carving into every company, fund, and bond, but instead of cutting off limbs, his magical weapon is adding them. What we end up with is a grotesque monster that does not resemble anything in the known universe. Every right-minded investor knows in the back of their mind that this cannot last. But while it...
Riding the 50 dma with ema 9 and 10sma compressing. Any good news and this can explode to the upside
A Shark Pattern is near completion at 1.1361. However, there is no sign of the buying momentum slowing down. It might just bash through this Shark Potential Reversal Zone and go towards the Day Carb Pattern PRZ which is just right above. Candle confirmation is needed to engage in this trade.
Nasdaq is currently at all time highs, but it still has one more major hurdle to cross. The overhead trend line resistance that goes back to 2018 is the bears last hope. The last time we hit this line we had a major sell off (please see my related idea below). We're hitting it again. If it tops here, it could be a long way down. If it holds above it, we may see...