Hopefully this is a bottom post. My sentiment is trash. So is the market's. More rate hikes coming. We're set up for some kind of bounce, but a lack of bid on the markets could foil that. Worst multi week sell off in decades. Growth stocks collapsing left and right. Very few safe havens. If this level doesn't hold with conviction, we will be going to goblin town.
Weekly close above the quarterly POC and so far, the 2019 top POC was our bottom. The last 8-9 weeks of selling have produced a massive volume gap above and my working theory as posted in one of my other Tradingview ideas is that we see a test of monthly resistance. plz gib bounce.
market structure change and volume showing NVDA along with rest of market can move up a bit. Would like to see the 4/5 gap get filled. Send it swiftly.
Daily resistance and 4h 70 ema. Depends what FOMC says tomorrow. markets are looking relative better, but this will as always be a news event of sorts. easy r/r setup very possible we fill weekly wick to the downside first before a real bounce.
Obviously bitcoin is in a bear market currently but that usually means people are selling their altcoins either for USD or BTC at this point and waiting.
meme stonks ded down only send to zero money printer does not go brrr
8 weeks of continuous down. Some kind of rally is overdue. Even if it's just a short covering rally. Large volume gap to fill at some point in the coming week or two. All eyes on the stock ponzis.
Despite SPY entering firm bear market territory we still haven't seen any real explosive moves from VIX. The higher lows and compression into horizontal resistance is screaming to me that something bad is about to happen. Plenty more rate hikes are coming our way and objectively, the fed is not on bulls side right now. This could get more ugly before it gets better.
Peep the macro and be patient. We're down quite a bit from the highs, and I expect a bounce if stocks can give it to us. Sentiment is in the dumpster. But the long term picture still looks bleak.
Fairly textbook accumulation, mark up, distribution, mark down has played out now we have weeks/months of sideways once this impulse down is done. My opinion is that $SQ under $90-$100 is a reasonable place to start buying shares. But it could be years before it comes to fruition. It may not even happen till Bitcoin starts another bullish cycle.
Appears to me that months of accumulation is about to end, leading into CPI. 28.5 is the banker beariccade.
IHS meme pattern with the yearly vwap being back tested. Full moon in a week. Send it. Now!
See comments for second chart. But essentially a long downtrend marked by capitulation under the equal lows led to a pump to the 786 fib.
WPM coming in hot with call flow for 48-50 by July today and with metals doing what they do and no end in sight for ukraine I see no issue with this potentially swiping some highs. Weekly bull divs on $SILJ $SI1! and $WPM makes me think we have a good few weeks ahead. Silver breaking through weekly resistance would help.
Vertical accumulation on one of the most popular Uranium tickers. Volume showing up at every low and macro higher lows.
Obviously been a rough few weeks for btc. I got liquidated for the first time in years. No biggie. I did not see the selloff coming. We got a decent bounce the last few days but unless the fed announces they are adding Bitcoin to their balance sheet, I'm looking to the 2020 halvening vwap for a slurp. This builds upon a parabolic base and implies a longer...
Not longing macro resistance but if Coffee breaks out here it's going up quite a bit over the next few years. Consistent with the inflation/commodities narrative that is starting to unfold.
Roblox got a lot of attention the last few weeks as Nancy disclosed long positions in the company. It's been down only from her entry. I definitely took a look at the chart and started building a position on weekly support, selling OTM calls to hedge for downside. Average entry is ~$98 and will continue to add. I know how much the internet loves Roblox so I'm...