As the stock market experienced a significant downturn today, Bitcoin continues to show signs of strength, defying traditional market trends. The wave master indicator on the 4-hour timeframe suggests that Bitcoin may be on the verge of a final upward move. In this write-up, I will explore the potential impact of this move on Bitcoin's price, altcoins, and market...
I previously discussed the likelihood of the S&P 500 Index (SPX) experiencing a rebound towards the 4000-4050 range, with particular attention given to the 4020-4040 level. The index indeed reached approximately 4039 before encountering a substantial pullback. Trading on such days can be complex, and if you're not positioned correctly and overleveraged, you may...
Bitcoin has experienced numerous noteworthy movements since reaching its peak in November 2021. As we reflect on the roller coaster ride since that all-time high, it's essential to examine the market dynamics and patterns through a technical lens. This article will discuss the significance of Fibonacci retracement measurements and the wave master indicator's...
Ripple (XRP) has caught the attention of many traders, especially after its remarkable performance today, registering a 20%+ gain. As previously predicted, altcoins are starting to make significant moves in the market, and XRP's recent surge seems to be just the beginning. However, it's essential for traders to exercise caution when approaching these substantial...
Once upon a time in the land of Crypto, there lived a quirky and peculiar trader named Fred. Fred was an eccentric fellow who had a knack for spotting patterns in the vast and wild world of cryptocurrencies. His favorite cryptocurrency was Ethereum (ETH), and he traded it against the U.S. Dollar (ETHUSD) with a passion that could only be rivaled by his love for...
Injective Protocol (INJSDT) has recently experienced an impressive rally that saw the price surge from a significant support level around $2.50 to a crucial resistance level at $4.65. As the market now seems to be in a range, various indicators are signaling overbought conditions, raising questions about the next possible move for INJSDT.
Current Market...
Once upon a time, there was a guy named Jack who was obsessed with trading in the stock market. He spent every waking moment analyzing charts and studying market trends. His favorite company to trade was AAPL, and he had been eyeing it for weeks, waiting for the perfect moment to buy.
Jack had set a goal for himself to ride AAPL up to about $168, but...
I am a time traveler and I come from the future. This is a story that is told to our children.
Once upon a time, there was a cryptocurrency called Ethereum. People who traded Ethereum watched the price carefully. They noticed that when the price reached $2300, it would go down, and when it reached $800 (if $1200 didn't hold), it would go up. But something strange...
As Bart would say, yo, what's up dudes? So, like, if you're checkin' out the AAPL stock right now, it's lookin' pretty gnarly. It seems like it's gonna go down more, but the real question is if we're gonna hit the top of the channel or not. Personally, I think we're gonna hit the median of the channel and then bounce from there. But, you know, you gotta be super...
Once there was a guy who talked about an outcome that nobody believed in. He was laughed at and ridiculed for his ideas. He tried to explain his point of view, but people dismissed him and thought he was foolish. However, he remained persistent in his beliefs and continued to speak about his theory. Then one day, something happened that proved him right, and...
The market sways and shifts its course,
Pivoting with great force,
A dance of bulls and bears,
With twists and turns that no one dares.
Investors and traders are closely watching SPY SPX QQQ and NDX as they approach an important supply level, anticipating a potential pivot to the downside. This key level is viewed as a point of resistance where selling pressure...
The numbers rise and fall like waves,
A game where no one saves,
For fortunes are made and lost,
In the blink of an eye, at great cost.
When investing in a volatile asset, it's important to not let greed cloud your judgement and instead focus on seeing the big picture. While it may be tempting to chase quick gains and try to time the market, this can lead to...
Taking a close look here and through the duration of 2022, the white wave on the daily wavemaster has been oversold ever since about April. This is the most bullish it has looked in a year. Watching the green/yellow/red, things are still pointing up but not for much longer. Give it another 2 weeks or so and we'll get a decision.
Until then, lets look at some key...
