** In the video I stated "double top" and I should of said "double bottom" but you'll get it when watching :) ** Below bullets summary of video: W - Weekly overall showing Bullish, weekly price action has returned to spoke onto the 786 fib retrace, above the 36 day MA (bullish) D - Price action below the 36 day (bearish), 200 MA providing support, slow moving...
I wanted to broadcast a quick video showing how you can use indicators, long term trends, and just plain DRAWING! to stimulate trading ideas, and to give yourself some emotional clarification on what is happening in front of you. I do this dozens of times before I feel like i have ONE idea. I think you should too. I hope you gain from this experience.
All right traders, I do not comment much on the bitcoin market, but I have seen just a ton of people all over the internet spitting nonsense about how bitcoin is going to $40,000 and this is just a small correction. So I wanted to put out a video talking about what I see on the charts technically and why I think fundamentally its a bad long term investment. I'm...
It is a very profitable pattern that i think it is good to learn. Buying a pull back after a descending wedge is broken
So with the continued downside on BTC, I decided today to delete everything on my charts and start fresh on the month. I show my monthly and weekly fib levels... projected fib extension to the downside on the weekly and draw a few trendlines and measure the break to see if i see any confluence of events between the two. I hope you enjoyed the video.. give...
Good day to all of you! After so many request I had to make a new video update here on Bitcoin and also ETH. Decline in the last few days is quite dramatic, with BTC finally hitting our 8k region, but again, its too early to call a reversal with current price structure. If you like video please support me and give me a thumps up, or leave any question you may...
Quick video this morning on BTC. I deleted all my fibs, trendlines, etc that youave seen in other videos and started anew! I go back and draw a little be on previous price action as a way to get a general idea of where price action may be headed. Would love to here what you all are thinking, so if you liked the video give me a like and leave a comment on...
Crab within Bearish 3 Drives Formation. D point against a very Bearish Daily support Line & 61.8% of Daily Uptrend Break.
Follow on video to last nights video and I have to says... i actually was expecting the 200EMA to hold price action. I mentioned, last night I would be watching to see how today candle would play out and was hoping bullish, but that is not what is happening. Obviously, I'm expecting the daily to close below the 200 EMA here in just a little while, which would...
Short video describing what i'm seeing this evening in my charts on XRP and what I expect to see. I'm very bullish on XRP, but that doesn't mean we wont get another test of that lower zone we just bounced in. We are still under the 200EAM on all time frame other than the Daily chart, which the 200EMA is holding price action above. I hoe you find the video...
Quick video to cover what i'm seeing take shape on BTC. The last two daily close in my opinion are positive for BTC to rise. I'm not saying we cannot see any further downside, but since price action is getting held at the 200EMA, I believe we'll see a rise in price action over the next couple days. I hope you find this video informative, but know these are...
This video quickly describes how I put my support and resistance levels (zone) on my charts and how I typically use my fibs. As I mention in the video, I try to keep it simple, straightforward, and not spend to much time in my charts. Personally, i find the more time i spend in my charts the more i hunt to find something that might not be there. This for me...
This is a follow up to last nights video on XRP/USD. We saw price action on XRP push down to a low of .63 today, but was quickly pushed back up to it's current levels of around .90. The daily candle that played out is telling me that there are buyers below. Based on what i'm seeing price action do on lower time levels, i would not be surprised to see price...
Before you call me out... around 2:00 minute mark, i call a bearish daily candle bullish; such a noob. Anyway, so we are seeing price action play out as expected and mentioned in my previous XRP update linked below. I'll be watching the Weekly and Daily fib level to a potential break and continued downward pressure. As of right now, my charts are telling me...
Quick up date this evening BTC and a follow on to my previous video. Price action has played out as i was expecting and hit my 1st target and giving indication that it wants to move to Target # 2. I know it's painful to see BTC correct this much but with correct money management dollar cost averaging into positions, I believe these levels are offering up...
NEO is back to a 618 retrace on 4hr. In a holding pattern to see if we go up or down. Waiting on the 4hr candles to give us confirmation of direction.
Can the cash market openings be traded? Yes, they can! But very very carefully
In this video I walk you through a potential bearish 2618 trade setup on the 4EURUSD