GE General Electric Not Dead Yet It's been a long time since the last update on GE - it's not been warranted either by the look of it. It's still unloved and untrusted. Depending on profile, this looks like one to accumulate at the these levels. After spending months in a relentless down-trend that began with the break below 30 (several months before any bad...
BTCUSD Bitcoin Must apologise for rubbish call yesterday and no follow up. Was expecting a period of light relief over the weekend. No such luck. The spike that came shortly after the match had finished was a big one and the ensuing rejection period flipped Bitcoin straight back down to the lows again and triggered a short from 7399 as it broke below...
My EW count seems to differ of opinion and that the cycle is not completed. Wave 3 must extend to at least 1.618 which only the last low had done. In addition we need divergence between wave 3 and 5. There is none, there will only be once the new low had been completed. What is happening here right now is that we are going to make a flag for the final push down or...
please note: this is not a complete trading idea. This analysis is entirely based off historical data. Many of us know that Bitcoin has seen several major correction throughout its lifespan. The last major correction took place back in late 2013, which resulted in a 90% correction from the top. The chart above shows the percentages and ratios I collected from...
Cryptocurrencies are not dead This is not financial advice. Do your own research or ask professionals prior to invest.
Dollar Index DXY The dollar remains under medium term pressure and evntually it should fall away in stages through the blue lines of near term support potential to 88.31, and likely touching the longer term trend line at the extremity of the fall before bouncing away strongly again. In the very near term DXY is making a little continuation pattern below the...
BCHUSD Another spawn from the Bitcoin stable that has behaved technically perfectly - could be fresh from the latest chart book showing what a 'stock' can do under perfect conditions - but this time looking at downsides, not upsides... It's fallen below it's dynamic support line and then come back up to retest it from the underside....and repeatedly...
IOTA IOTUSD Iota is testing important support at 3.229 with a low at 3.20. this latter level must continue to hold (and will do so long as Bitcoin holds up, which will not be for much longer now, it's just completing its own counter-rally now). Any failure to hold 3.20 will force Iota lower still to 3.03 and then should this level fail to 2.73 at least if...
Litecoin: LTC Longs should have been out as the dynamic support failed at around the 276 level - see how often there will then be a challenge of the same support from the underside, which works for an hour or so before it falls away...not always, but maybe 50% of breaks are like this and the other half are clean, hard and fast. Last comment suggested looking...
Here's my idea, and I bet you it won't come true, but I'm new here and want to chat.
Bitcoin Last shot Well that long didn't do too well - stopped out for about 200 profit unless you were smart and trailed a tight stop under it - 500 points profit lost by bad stop management. If it was going to halt the last high was a pretty obvious place - too busy updating other calls. Just plain dumb. Late. 16 hours playing with Bitcoin. Last shot for...
BITCOIN: BTCUSD This thing moves like lightning. Shifting shapes: Head and Shoulder Top Still don't think this has finished its rinse out yet. Evenn more worrying, after dealing with the failed reverse HandS this morning there looks like there's a massive head and shoulders TOP formation appearing on the chart...stay away for now unless short...it's still...
sometimes I like making crazy idea that people do not think easily. It looks so funny, but i'm open-minded at anytime. Have fun :)
Same as it ever was, quarter/month end in to month/quarter start, don't overthink the obvious until it breaks buy every open, sell every close! CME_MINI:NQ1!
So... yeah, This is what i'm hoping for. BTC Going like crazy and don't look to stop in the next hours wich means money goes from other coins to be on the BTC train. As MCO following the downtrend i belieive we are going down to the support trend ( green ) and will slow down from there. The Monaco card & app will be released on 31 aug accoring to Monaco support...
BITCOIN: BTCUSD Wow. Bitcoin has moved into yet another higher gear - where next? If you're riding this tiger you could use a break of the most acute trend line as an early exit signal -
APPLE: AAPL Island reversal from the top has still not been filled - so this stock is still vulnerable to sell offs on each rally for now. The entire formation at the high is is a minefield of pin bars. Leave this stock alone until the technical picture improves