dRends35

dRends35 Updated 

BYND has hit my long term fib target and has pulled back to the 0.618 - 0.786 retracement that I have been waiting for. Now with bullish divergence coming in and a strong impulse candle just printed, it looks ready to bounce and perhaps even this is the retracement bottom of the market. If it is the bottom, this could be a very lucrative play in this stock that...

dRends35 Updated 

As I wrote in my NDX thread I am finding charts in weak position to short considering that there may be a market correction in the pipeline. When a correction comes, weak charts will often move first and so it can be useful to get in early if you have an awareness. If there isn't a market correction then no harm is done since the chart is already in a weak...

dRends35 Updated 

SPDR ETFs are a great way to have exposure to a market without committing to one particular stock. And here this chart shows the overall market is breaking to the upside in the last few hours. Notice first the bullish divergence is followed by a shallow descending channel which also appears to be a re-accumulation. Then a gap up which looks like it will prove...

dRends35

Is now very close to my first re-entry target @ Accumulation support $116.3. With a higher time frame perspective this will probably be an incredible deep buy down the road in 2026. So if COIN is an asset that must be in your portfolio and you'll be sad if it pumps without you on board then you may decide to re-enter some of your position here (or buy for the...

dRends35 Updated 

This is not a stock I would really be looking to short but there are a series of technical events leading me to set a limit short entry. This is also in consideration of the gap down in indexes that is the first evidence that a bearish phase may now be underway in stock markets. Where "SRP" is on the chart looks like a "Right Shoulder" / "Last Point Of Supply"...

dRends35 Updated 

Hi Guys, I've been away for the last month because I got banned and so i'll have to learn to save banter for other websites. This has only affected my TradingView content. TOTAL2/BTC is a really great chart for identifying the altcoin market cycle. And while I was away, a very key candle has printed on this chart. The chart is Bitcoin against TOTAL2. So it...

dRends35 Updated 

Bitcoin is sitting plumb in a double "Golden Window" (GW) with the week candle about to close and ahead of the ETF decision expected next week. It is within the 0.618 - 0.786 retracement GW blue band and also the 1.618 - 1.786 extension GW taken from the first 3 pivots at the base of the trend. This is not at all proof that a reversal will print here, but in...

dRends35 Updated 

Having had what appears to be a start of trend breakout pump, PALLADIUM has had a violent sell off back down to dip slightly below the 0.618 into the retracement Golden Window. This is a classic Elliott Wave 2 ratio here and good chance it will bounce from this area. Reasonable chance this will end up being the retracement bottom. Notice that the RSI is curling...

dRends35 Updated 

SPX may have printed an exhaustion gap today at the upper end of the phi related fakeout reversal area mentioned previous - up to 0.75 now. Any further and it will likely continue on to challenge the highs and so I have added a short at the close here as it wont take long to see if its a reversal. As described before I think this can be a 1:1 WXY to see SPX head...

dRends35 Updated 

TOKE (Rank #953) can be a great coin if you are looking for low rank high volatility action. Be aware it comes with risk but it may have a wild pump and bull market. It has had a decent but not earth shattering pump (309%) which is perfect for making an entry because we can see that an uptrend is likely to be underway but yet may be able to buy at the...

dRends35

A 3 wave correction has completed and THETA has pumped out of the trading range and now pulling back in the very tidy descending channel. And so the next impulsive wave up appears to be underway. This pull back will very likely re-test Support @ $1.19 and so I have limit buy orders scattered in that area. For those of you that like Elliott Wave; the impulse out...

dRends35 Updated 

It would appear that the next wave up is underway. To remind, ALGO printed a shooting star and that would very often signal a top / significant correction. But crypto is really warming up now and ALGO appears to be into the next wave up already. It wasn't entirely clear because we have multiple tiered 3 wave corrections. And ALGO has not even hit the 0.382...

dRends35

Is a coin that was listed on Coinbase not long ago and has recently awoken with a big pump after a deep bear market. It is crossing a Demand Line here and if/when BTC corrects next this may have a tasty pull back 🤨. Not shorting Not advice.

dRends35 Updated 

BTC has printed another dome and they tend to be bearish and now timed with negative Binance news coming in we see a bearish impulsive candle threatening to break the ascending trend. The more these slumps occur, the more chance this ascending trend will break down. And so with many twists and turns this is looking much more likely now to do what Bitcoin so...

dRends35 Updated 

EPIK had an epic day today up 40% and now has fully broken out from the bullish descending wedge spanning most of the year. Although with this pump it has climbed the ranks considerably, it still is a sub 1000 altcoin and this is very exciting because the volatility and low market cap can lead to enormous upside if this is its moment to blossom which it appears...

dRends35

Now that Bitcoin has held and pushed up a little from the re-accumulation we looked at in my previous thread, I am now considering this bullish option. Its a very ugly and highly exotic move if it happens but it could be that the shakeout dumps we saw as bearish were actually a 3 wave running flat correction into the next wave up. And the ascending channel that...

dRends35

TOTAL3 is really starting to look very rosy and although there was a fast pull back, the area was quickly recovered as expressed by the Dragonfly Doji (red arrow). If this next weekly candle closes with little downside then we may see some more pump action soon enough. Might re-test the trendline - we'll see. I have plenty of coins in deep positions that I am...

dRends35

If you're looking for a casino play with very high risk then this one may be for you. CGC did probe below the 0.786 but not by too much and is back inside the Golden Window. Considering that the previous pump was 403%, if there is another wave up with will likely be enormous and perhaps even the start of a major uptrend. Its very dangerous though and may just...