I bought my positions today February 24, 2023 The reasons: 1. Low-risk pivot point; 2. The stock is up >100% in less than 8 weeks; 3. Corrected the least during the pause, less than 25% correction; 4. Volume dries up as a sign of less supply coming to the market; and 5. It breakouts with huge volume. This stock is more like a power play on top of a power...
I bought the stock today (19.12.22) The reasons I buy: 1. Low-risk entry 2. The stock is up >100% in less than 8 weeks 3. Good-looking power play setup 4. Strong reversal as a supportive action on 13.12.22 5. Low volume in, high volume up This is a classic power play setup with monstrous potential.
I bought the stock today (20.12.22) The reasons I buy: 1. Low-risk entry 2. The stock is up >100% in less than 8 weeks 3. Corrected the least during the pause 4. Current IPO stock The stock doesn't affect by the general market, a strong sign of a leader.
Using fib timing on the RSI, log growth curves, range levels and channels we can estimate the longterm path of BTC. First we notice two rejection off the upper band of the long-term log curve which signify a move to the lower bands of the log curve. It seems that BTC peaks between 0.618 and 75% of a fib cycle on the RSI, projecting the next peak should be around...
1) WHAT? IF ? If Solana can survive this bear market and all the FUD, then i think this can pull hard. Would be a Punt only imo, around $6 & $12 Targeting $40 & $80. Cheers
With FTX exchange collapse the whole crypto market has been collapsing. The price of HT broke the key support area. The bounce that we saw yesterday was just a successful bearish retest (the same what saw in BTC). Most likely the price will continue dropping. We expect minimum 30 % drop in the near future. However, if there´s a strong FUD or Huobi exchange...
BTC retesting downtrend resistance after an initial breakout. Since the confirmation of a top in bitcoin and a confirmation of a lower high and therefor downtrend, almost exactly a year later BTC broke out of the downtrend and rallied to 21.5k before a macro news event causing fear and mass selling back down to local lows of 17k. which also coincides with a...
We are waiting for a false breakout of the local highs and looking for an entry point to the short position at favorable prices. If you like the idea, do like it. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your...
It is always helpful to remember the HTF market structure and trend. This is my Friday morning analysis review of the market on a daily perspective beginning from Aprils high which marks the beginning of this bearish channel.
The sale of a majority stake in cryptocurrency exchange Huobi was completed last week. Management to About Capital, which, according to journalists, is owned by Justin Sun. The Tron founder himself denies any involvement in the agreement. On October 10, freelance reporter Colin Wu said that Justin Sun was behind the purchase of Huobi. He is the main investor of...
Eur is obviously bearish at the moment on HTF, waiting for LTF confirmations to open positions today. Also keep in mind that we have equal highs and imbalance above, so a lot of liquidity in there.
I secured my positions today from a velocity play. This is my second attempt playing this move. The stock broke out today on huge volume, strong relative strength, and excellent price action (power play and cup with handle).
$FOUR - Tech | Software - Infrastructure after a stellar earnings report on 4/8, it is coming off a base that is supported from all time low ($30) to rising 10/20 MAs. latest close have reclaim its 200MA with a HTF setup. $50 clean pivot for BO
$BTC basically at the 2017 high right now. Should be strong support. But looking at this 1W HTF chart I can't help but see more downside potential. Seems very counterintuitive to look at this chart and conclude the lows are in, imo. Notice the increase in volume as price continues to drop. And looking at the volume profile, and the visible gap, I don't think a...
Over the last week we've seen a lot of optimism in our markets, but are we getting faked out? Please refer to the charts below, there is no technical analysis whatsoever on the chart posted above. It is worth noting that SPY has shown signs of relief and earnings are not as bad as anticipated... With that being said a relief bounce was expected, but have we...
AUDUSD looking for long. Found a 21 min OB from a BOS Price broke liquidity so I am waiting for price to come back to demand levels (21 min ob)
NASDAQ:TSLA reportedly sold $936 million dollars, 75% of their BINANCE:BTCUSDT Position. What does this mean for the Crypto market... It's still too early to tell if this news will be the catalyst that sends BTC back down, however here are some key levels to watch. BTC has taken support after rejecting from a strong supply level on the daily timeframe...