I look for 3 major signs in order to initiate a long term short position
1. BB Cross ...
2. RSI Cross ...
3. Macd Cross ✅
Things however do not look good... February & March are key for the rest of the year.
To be honest the party was awesome and it lasted way too much and went way too high what else do you expect?
Bad signs to take into consideration:
1....
Hey guys, here is what I am looking out for from BTC over the next 30 days.
This idea is based off the Wyckoff accumulation pattern. It's a classic retail shakeout tactic where institutional investors fill or their cheap BTC orders while we sell low and buy back high.
BTC dominance is starting to trend higher so Alts will likely get wrecked over the next 30...
Everyone is still holding and remains bullish about wish future. As i see it now although i previously thought that the bottom was around $4.70 i expect a last gap down movement with an rsi and macd divergence. Upcoming results will be loaded with all the "bad" numbers so the the new CFO and management can show some improvement towards the next Qs. Retail is...
Good Morning traders!
I hope you had a great weekend.
Mine was busy, just like the crypto markets. However the more they change the more they stay the safe. Price continues to be held EXACTLY at the area I highlighted, this is because we the market respects the areas filled with orders.
Currently I can see 2 options for price movement.
Orders are protected and...
Good morning traders and a happy weekend to you all!
Today I will just to a small update recapping on the posts through the week.
What did I say-stacked orders from retail traders are easy to see.
What happened? stops were swept and then orders were protected.
The market is fractal in nature and retail trader psychology is predictable, start looking past the...
I do not want to get into details about fundamentals etc we all saw wish quarterly results but with some much retail in this stock i was expecting a huge decline, the fact that retail investors all over the web are so pissed about wish and start panicking and exiting their positions is a + for me as i hold a long position.
Now there are some interesting things i...
IMO we are running an irregular/expended abc correction after the meme frenzy with wish. In combination with real meme stocks crush what I see is a lot of forced liquidations and retail exiting their positions due to lack of capital ( most of them all leveraged). Take also into consideration the massive options expiration this week.
Therefore I expect a massive...
What i like and i do not about Wish in the short-term
1. Insane volume vs market cap & free float
2. All retail has eyes on it
3. Upcoming correction in the markets?
4. 1 H&S taking place as we speak and one bigger one might take place couple of weeks from now
5. Weak hands needs to be shaken and if is there is a general market correction most of the retail on...
Goood morning ladies and gents,
EURNZD is poised to see higher prices today.
It will rally up to the area marked as the final TP over the next week.
Why?
Simple. There was a consolidation (range) condition prior to a break to the top side. This induced retailers to look for longs, anyone who went long would have their maximum stop below the low of the range....
What a day it has been yesterday! We can finally claim a victory in this rally. "Big sharks" and media will try to cover this surge as "Reddit malfunctioning for couple hours", but if you look at the volumes it's obvious that a significant amount of institutional shorts have been closed.
The retail market has been underestimated for so many years, but greedy...
"Trading is not gambling
It is the games against the system"
You have any hesitation above the chart
Have any glitch on the WANBTC days chart ? i hope traders can properly indentify my charting glitch !
WANBTC expectation is rights?
WANBTC will be gone moon !
#WANBTC Where will be arrived?
WANBTC BULL prive movement prediction ready i believe that...
This pattern first started once a week in November and has slowly developed into every other day, retail longs on the extended Euro Dollar have been pumping liquidity to short sellers. The following day usually has a nice pump and the lower lows and higher highs as the "uptrend" continues. Now that stimulus has passed I believe that more big sellers will begin to...
1. Record IPO year
2. Bankruptcies
3. Tech bubble
4. Retail is all in
5. Massive unemployment worldwide
Is history repeating? Let's see in the following month
YFI has gained x10 over the past few weeks. it just recently got added on Coinbase which is a home for most retail traders so it pumped EVEN MORE! and that happened after a short break! In my opinion, this market has to CALM DOWN! It's not like this can rise forever and the way it rose is NOT NORMAL. Many investors are eventually going to take their next step...
I've been watching Walmart since they issued a robust earnings report weeks ago.
The stock "DID NOT" rally on the report like several other stocks did. In fact, Walmart has not taken part in the recent rally.
If you look at the accumulation chart, Walmart has been under accumulation by institutions for a while.
I feel, at current levels, the stock is oversold...
THERE ARE 2 GAPS, ONE AT THE TOP, ONE AT TRUMP'S ELECTION!
RETAIL HAS PILED IN DURING THIS RALLY! BUT VOLATILITY HAS SOLD OFF!
EURODOLLAR VS DARK POOLS AND THE PPT!
MU is in a Trading Range pattern at a new high, and is moving with some High Frequency Trader activity to the downside recently. This stock is heavily traded by Retail Traders.
