DraftKings finds itself at the all time .886 retracement at the moment. The daily RSI keeps showing some kind of bullish divergence. One could accumulate some positions in DraftKings here for the long term play. Set your 2030 Me up for some nice gains ;)
Nasdaq 100 is currently correcting that rallye we just saw. Target for the correction is that green box. If we turn in that box, which is the fibonacci "golden zone" (.382 - .618 Fibonacci), the measured move of that first wave up, would exactly hit the .886 retrace from the all time highs to the bottom of the whole correction structure From there we could either...
Exela is forming some kind of double bottom at the current .886 One could try a long here. Stop HAS to be the All time low at 0,344. Take your profits on the way up to 1$
Bitcoin reached the top of this major price channel. Watch for some milder pullbacks here, to maybe test some support.
Crypto Market looks good, decision for a large move should come soon. Indicators look bullish, sentiment could get bullish too, if we get a solution for the ukraine situation. Be rdy for some violent moves in the crypto space soon, for now, I'd say those moves will be bullish. Stay tuned! Good luck on your trading and stay safe!
Apple gapped below the 200 day moving average today, and we even saw some baerish follow up during the day. Apple below the 200 day moving average is very significant, happens rarely and if it happens, usually we see a bigger correction then. We are in a pretty solid channel atm, with decent reactions at the supply and demand side. Should we break that channel...
I like the accumulation, that is going on here, nice higher lows higher highs in the very long term. The first big correction turned at the 886. Now once more, price is at the 886 since the low in July 2021 and the ATH. This could clearly be a spot to accumulate DOT for the long term. Stay safe!
Zoom Video is at the all time .886 retracement. One could buy this here for his longterm depot and just let it sit and grow. Stay safe !
Draftkings is currently at the all time .886 retrace and forming a double bottom. Indicators in the 3d chart also look very bullish imho Stay safe in this crazy times !
This would the bullish way to look at the Qs, if the 100week moving average, where we are currently is considered value by the market and we really turn around here. Double bottom at the .786 from the low exatly 1 year ago to the All time highs with classic triple bullish divergence in both the MACD and RSI It doesn't get much better than this tbh, if we just...
Currently we are inmiddle of one of the most chaotic times, and stockmarket is starting to price in some serious fears into the market. Just eventually be prepared, that wallstreet might be aiming for some real deep value here. Btw. currently we buy the 100 week average price on nasdaq, not the worst spot to maybe start a fresh longterm depot, DCAing on the way...
Massive impulse candle on bitcoin today above major point of inflection. Above 42.000 we are in a very good shape.
Polkadot just made a full 886 retrace with a Type 2 return, double bottom right at the 886 now just look what happened after last full retrace One could easily setup a trade here and stop out below the double bottom sind you don't wanna have anything to do with DOT below that major accumulation structure. Take your profits wisely according to those fiblevels....
Nasdaq broke the recent correction lows and closed right at session lows. If we just saw the first wave of a correction, and after that, the relieve rallye to the 50retrace, we now might be poised for the second leg down. Copy the first leg, measure it from the high of the relieve rallye and you end up retesting the old ATH at 12k, what clearly is a major...
Bitcoin broke out baerishly of the small uptrend it created recently, to test 40k once more as support. So far it's holding on for dear life but again only lower highs, the argument of bitcoin holding 40k gets weaker and weaker. If we break 40k to the downside, 38k is the next target and if that cant be hold, we test the january lows again, and might go for a...
Crypto TOTAL market cap fell back into the price channel once more, after the current situtaion in ukraine keeps the markets on it's heels. Also that short term demand line got broken as well. Depending on how reliable the volume is in the TOTAL chart, the volume in the selloff was pretty huge as well. We might see some violent moves in the crypto market soon,...
The shenanigans around the situation in the ukraine continue, as the market has thrown another tantrum over it yesterday. We got rejected once more by the supply line that defines the current downtrend we currently in. If the .236 Retrace at 4360 can't be hold as support, we almost certainly to go back down to the january lows, and with that double top pattern...
Maybe Aterian deserves a spot on a trader's watchlist here. Above 4$, crazy things COULD happen. Those 2021 highs most likely won't be seen any time soon if ever again, but already a mild retrace to the 23 or 38 retraces would mean big gains. A break above 4$ and closing above it at least on daily timeframe is mandatory here though, for putting some money on line...