MoonBets

MoonBets

$700 is a decent vale as its getting really close to the Bollinger band. Volume Profile shows that $600 is a strong demand zone. For safety purposes, its best to enter after we cross the resistance trendline with a starter position. I predict that the market should reverse in early April. So be patient, let the trade come to you, don't chase it.

MoonBets

What Is a Head and Shoulders Pattern? A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, where the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders...

MoonBets

WhaleFlow gave us a Buy signal after 2 months of waiting. -5% stop loss from entry is a must to stay safe from false positives.

MoonBets

Why try and guess if we reached the bottom? Stop trying to catch a falling knife. Set alerts for these trend lines. Once the stock breaks these trend lines expect string momentum to the upside. Be patient. Let the trade come to you, don't chase the trade.

MoonBets

Set alerts for these 2 trend lines . Breaking these resistance trend lines usually results in strong momentum moves.

MoonBets

Set alerts for these 2 trend lines. Breaking these resistance trend lines usually results in strong momentum moves.

MoonBets

You can clearly see when the WhaleFLow Indicator gave the sell signal around 60k. BTC is largely moved by whales. Whales are the ones who move the market. Retail traders/investors can barely move BTC.

MoonBets

Ride the current trend. Or stay in cash till it drops to $130. Put options are too expensive at the moment so its not worth doing PUTS. If shorting fees are low then go ahead. I'm heavy cash waiting for the market to reverse. Expect the market to continue to bleed for a few more weeks.

07:43

MoonBets

In this video, I explain why BTC will eventually reach sub 20k levels. BTC likes to drop 85% from all-time highs, we've seen this in 2013 and in 2017. Adding to that, the current head and shoulder playing out measures a price target to 10k, which is exactly 85% from all-time highs. Coincidence? I think not. So what do we do now? Work hard and save cash. You...

MoonBets

Alright boys and girls, this is the moment we've been waiting for. Last year march we bounced of this $114 price range. At the same time, last year 1/21/2021 was the week the squeeze started exponentially. This is the lowest price we have for almost 10 months now, so this would be the right time to enter and hold.

MoonBets

BTC head and shoulder playing out. The price target is around 20k according to the head and shoulders measurement. I would look for inverse coins or short Crypto stocks like MARA and RIOT. Stay safe, and remember cash is king!

MoonBets

Bearish Divergence was building up this week, and today it finally started diverging to the down side. I would wait till the divergence dies on the daily before going long.

MoonBets

The art of catching a fallen knife takes lots of patience. The best time to buy a falling stock is when it starts reversing, and for that you need to have at least 2 confirmation levels for NIO to break. Before buying in NIO, you would need it to break the resistance trend line CONFIRMATION 1. Then for a strong trend reversal confirmation you need NIO to break...

MoonBets

The new covid strain "Omicorn" is spreading quickly all over the world. The obvious play for covid is investing in vaccines. PFE all time high is $61, currently its at $58. Where MRNA all time high is $500, currently its $248. Thats 50% discount from ATH. Technical: There is a clear strong support trend line that we're bouncing off. BlueWave is setting up to...

MoonBets

TSLA is respecting the following support and resistance trend lines. I would enter when closer to support and BlueWave giving me a nice green dot buy signal (lower wave) on big time frames. And I would sell when getting closer to resistance trend line and BlueWave giving a red dot sell. For TSLA I would only look for long entries, as shorting is not the wisest...

MoonBets

What is KOLD? KOLD is 2x bear Natural Gas ETF that moves based on the price of Natural Gas futures. Natural Gas futures shot up to insane levels this year, and we believe that natural gas prices will drop very quickly. Natural gas futures usually rally 3-4 months before winter starts. This is because energy providers across the world are trying to price in a...

MoonBets

ATVI is down 45% from all time high. They are currently close to a major support level. BlueWave gave a nice Green Dot buy signal, but I would only enter once the break the downtrend line they're currently in to make sure that we're in a trend reversal.

MoonBets

If WFC breaks this support line then it's confirmed trend reversal to the downside. I only enter trades once they meet my conditions. Would prefer to enter a leap put options on this one and ride the fall out as WFC is a bit of a slow mover. Slow-moving stocks require long expiry contracts to medicate theta decay. So set an alert for that support line.