Yes, this is a 20 minute video. But I speak quickly. This Idea is meant to be watched as a video. If you do not watch the video and only read below, you will not get much from this idea or may get the wrong idea. Overall I have been short (Not in market) since the reversal in the stock market on April 5th and 6th. I go over all this in the video and I talk fast....
Looking for Price action above .3180. Currently (for me) this is a TP area and wait for action above .3180. It has had good PA above both the H2 and the the H4 TF. It looks reallly bullish though. Anyway watch the video. Its meant to be watched over this being read.
I think it will be a down day. I go over what I think and wrap up the main idea around the 18:30 mark until the end of the video. Investment strategy: No long positions at all. Looking for a drop or short entries. I believe market open will be shorted.
Core idea is within first 2-3 minutes. Everything seems to be going as expected so far. We will have to see where the Premarket is to get a general idea of tomorrows movement.
Macro: Bearish Micro: Bullish Just watch the video for the main idea. I make sure to go over my main thoughts within the first 3 minutes. Every thing else is just checking on the normal tickers. Some of the tickers: Doge, ADA, BTC, ETH, CVNA, APPL, SPY, AMZN, MARPS, VIX, FL, TWTR, UPST, and BILL. Nothing has really changed from yesterday. I am looking for that...
Macro: Bearish Micro: High Bullish Potential I am more bullish than bearish currently. I would like to see a start in APPL above 148.75. I think that can take us to 162 at the top. I think if Appl breaks though, we could see others like Carvana and Bill go up 30% to their respective supports. I outline more of the specifics in the video. I hope you all are...
The chart above shows Hull Strategy in the weekly time frame. this strategy is based on the hull moving average. based on hull strategy BTC respected the resistance of hull moving average and is still bearish.
ATOM looks to be about to flip bullish on the hull moving averages as it finds support on a major ascending triangle.
Quick note, I think being on the bottom of the median line of the Schiff pitchfork is one of the worst places to be bullish, unless good support was just found. Also you can check my idea "How I analyze the market in 20 minutes" video if you want a better understanding of how I use APPL to gauge what direction BTC will take and sometimes vice versa. I'm still...
Atom seems to hit a strong support, while it has broken the Bearish trend line, I think the candlestick pattern( something like an imperfect bearish engulfing) form at the level of a dynamic resistance would lead the price to the support 25.67 to 25.38 USDT for the last time and after formation of a key level we could see growth to 27.49 to 27.67 resistance. also...
After this drawdown, BTC seems to be bottoming out near 40k to 35k from bullish divergences appearing. I believe if we get support here around the 35k PoC levels around the chart, it'll increase the likelihood of an uptrend back toward at least 43k to 47k, another PoC. From there, it is 50/50 as to whether we'll head to overtaking the ATH or bottoming out near...
I'll keep this one short. I thought this seemed to be the most likely movement for BTC, if people wanted to see it be bullish. I just really don't see a reason for it to be bought until it can come up a bit more or go down a bit more. I may actually be more worried about its price if it pushes up without coming back down to atleast 36.8-39k Check related idea...
If you haven't been to my streams or watched my content this year, then believe me when I say that this video will be worth while. Even to a seasoned analyst, I believe the way I look at things will add a useful new perspective. EST = UTC-5 I stream every week day from 9:20 EST to 10:00 and from 1:20 EST to 2:20. I believe I currently have ~50 Hours of stream...
Bitcoin has a bearish crossover in the Hull strategy. This strategy has relatively good accuracy.
Not in BTC currently. took ~2% loss on small position at the timeframe change. I wanted to see the buy up from there to increase position, which did not happen. I am technically still in AMD call options, which could be brutal tomorrow. I dont like this unless we can return to the start of the Week candle open. Which I feel is unlikely because of what is...
I go over MATIC/USDT and MATIC/BTC and BTC/USD (Bitfinex) The 41,700 Idea contains all of my main BTC idea updates. The pitchfork one will allow anyone to copy the same values I use. Stay healthy and good luck on your trades yall.
Video goes over it pretty quick. We start candles above support very nicely. Almost too perfect. Take care, stay safe and good luck on your trades yall. I am feeling a bit better then I have been recently. Here are streams if anyone is interested. www.tradingview.com www.tradingview.com
Sorry for the lack of posts over the past two weeks, been busy w/ life. Anyways, I believe this downtrend is nearly over if we consider this recent correct market structure as a running flat . The only concern with this is that within the b-wave, its ascending triple Elliott wave has an overextended wave Z with a ~1.618 fib level rather than a 1.272 fib as...