TradeVibez

TradeVibez

Those who follow my ideas know that I am a big proponent of the VIX and how as a trader it tells me what the general "temperature" of the stock market is at a given time. Currently, when looking at the chart and how I have set it up, we can see different areas and levels in relation to risk. If we start with the upper levels, this is a level where SPY is extremely...

TradeVibez Updated 

Just days ago I posted an idea on HEX and how we wanted to wait a little while before seeking any longs. Well now, it may be time to seek longs as it has now checked off 2 major boxes from a bullish standpoint: 1) In the last 24 hours HEX has broken out of our bearish downward sloping trendline and is about 30 minutes from confirming on the daily time frame. 2) It...

TradeVibez Updated 

The market that never sleeps is moving yet again rapidly as we see Bitcoin on the hourly timeframe climbing above a key level of resistance now potentially flipped support at $39658. If $39658 holds as support then we would most likely see BTC squaring up for a targeted retest of $40555 before the end of finishing this sentence. Right now we are only poking our...

TradeVibez Updated 

Paysafe Limited appears to be taking step 1 in a series of steps it must take to reverse the long downtrend it has been in most of the year. The price is currently battling at the .236 fibonacci area from the previous swing high around $13. If bulls cannot hold above the .236 of this swing, then that means much more downside is likely. Keep in mind, that when you...

TradeVibez

ETH appears to be entering an accumulation phase after spending the last 3 months in distribution and has now crossed into my own personal long areas where I have large positions now filled at $2330. As many who follow my post know, breaking above the .236 fibonacci for me is the optimum spot for longs, and ETH has done that in regard to its fib retracement of...

TradeVibez

An asset I have been watching for over a month now has finally flashed some signals I have been waiting for as it has done something very major that not many will realize until weeks from now and that is that it has broken bullish out of a huge ascending channel pattern. This pattern has kept the price consolidating inside of it since September of last year and...

TradeVibez

DKNG crossed the creek of a persistent downward sloping supply line today after breaking above the .236 fibonacci level of the retracement shown on the chart. Anything above $48 is bullish and now that you have a decisive looking candle breaking out of the trendline on the daily, that only adds as further validation. The price is in the middle of our .236 to .382...

TradeVibez Updated 

So things got a little weird today at the open with the stock split as many traders checked their holdings to see NVDA down -70% today. Once it adjusted and all of the speculative traders jumped ship, Nvidia found itself spending most of the day battling at our .236 fib level, which is now $185 approximately. For now it has found itself above this level after...

TradeVibez

NIO had a rough start to the week on Monday as did many Asian equities. But somehow it appears that NIO could be on the brink of a successful back test of a key support area that could hold as the key to NIO running to higher prices in the future and sustaining it. Keep an eye on the open tomorrow morning. If price opens above $39.27, this could be a great entry...

TradeVibez Updated 

Google's price has been in a clear ascending symmetrical channel for almost 10 months now. The bias on this should be bearish, however, Google has just bounced once again off of the lower level of the channel thus confirming it as support once more. Downside risk is around 2.5% as a return to the lower trendline would not be out of the ordinary. A break and close...

TradeVibez Updated 

Earlier this month on July 4 I had posted an idea on MATIC. The idea was bearish and since then that has played out well. But now we find some interesting things on the chart that could be suggesting a change in trend. Multiple things in fact. For one, we broke a clean descending trendline that has been rejecting the price since May. Secondly, and maybe what I...

TradeVibez

This is an idea I have been waiting months for in regard to Bitcoin. Since our all-time high at $64854, Bitcoin appears to have put in a 5 count wave to our low at $28805 which gives us a common Fibonacci retracement of X shown on the chart. At first glance when looking at the current price, we find ourselves hovering just above the level I have been waiting on...

TradeVibez

Since my first DOGE idea the asset continued to seek lower support resistance areas, however, it bullishly maintained and respected the downward sloping green trendline that was broken almost exactly a month ago from today. Now, DOGECOIN finds itself in a range between the .236 and .382 fibonacci levels that correspond with the swing high to $0.29. It is my hope...

TradeVibez

Unless you live under a rock, you witnessed Bitcoin close out its weekly candle with a bang by running all the way just shy of $40000. Now as of this second we find ourselves in the midst of another breakout as the crypto has broken above my second .236 fib level (discussed in an earlier idea) AND broken above the .786 fib of a smaller yet still significant...

TradeVibez

This idea will be labeled as bearish but it should it be noted upfront that I am bullish.. just not at this immediate moment. But I am closely watchful due to the fact that HEX has bullishly engulfed and formed what might be a tweezer bottom candlestick formation on the 4 hour time frame, which are technically seen as reversal patterns. HEX seems to print these...

TradeVibez Updated 

A breakout of a downward sloping supply line has been broken to the upside on the daily and weekly timeframes. The supply line serves as the over head slope to a falling wedge pattern with lower sloping support that goes all the way back to March. This is a very large structure so the price action to the upside we require some patience. A retest of 32328 could be...

TradeVibez Updated 

BTCDOWN is on the brink of a breakout from the looks of things and if it confirms above the $0.062 level, the inverted asset could see a 56% move to the upside before running into any true resistance. This of course could mean very bad things for Bitcoin and the crypto market unfortunately. If you are a Bitcoin bull, you are praying for a rejection here and...

TradeVibez

Bitcoin has found support beautifully on my fib levels that I have had plotted for some days now. I am currently in a large long position from $32000, and I do not plan on taking any profit or closing some of my position until the level just above us is hit around $35k. I am not currently adding to my position but it should be noted that this not a bad time to do...