Hope this idea will inspire some of you !
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Kindly,
Phil
The most probable scenario on ETH could be to trigger both a bullish signal (the last valid signal confirmed by both PRO Sinewave &
PRO Momentum indicators) then a bearish signal.
If this happens, we will probable head towards a bull VS bear accumulation. This accumulation generally push prices to a "decision cluster" where the market will decide the next...
Despite the funny tittle the truth is here, I warned you weeks ago about the risk of heavy bearish signals slowly taking over the bull trend that built that speculative bubble trend.
PRO Sinewave & PRO Momentum were reversing short for a while...
I've been facing quite some resistance when I warned ppl in the crypto chat right here in tradingview ! But the...
OK... we have two options, if today we are in front of bear trap, the price will be pumping to 15000$ or more, the traps are very common in the market and they permit to bulls buy a lot of options, we must pay attention to the volume indicator.
IF the price break the 12600 level and bound on it, the chance of a bearist tendency is very very very strong at least...
This is getting crazy , if we break the 35k resistance this will goo to the moon , first step the 14k resistance
Buy-in: 0.000095 - 0.00019
Targets:
1. 0.00025
2. 0.00035
3. 0.00070
4. 0.00120
BTC/ THE PROBLEM
Long before we had bitcoin, we were trading. Most of us probably saw success in bull markets. But how did you do when the market was not trending in your favor? IF you would have held your position just a little longer how would things have turned out for you?
POINTS TO PONDER FROM THE GENERAL's TENT:
IF you believe Bitcoin is in a...
I think we may have reached the point where volume will start to pile up in a narrow area, crushing up momentum as volatility will slowly pick up before a nice burst occurs.
This burst will of course have both positive and negative outcome possibilities.. Positive outcome will very likely sign the entry in a very agressive bubble trading mode before krashing up...
Auropharma - 9th Jan2018
Note - Time to move through watchlist stocks depends on lot of factors like internet speed & others. Ideally it takes 1-2 mins which can be extended as well but amazing feature to check the stocks in quick time.
Ladder - isn't this an amazing tool because we can use it to travel upside & same can be used to travel downside - what's a...
We're now reaching the possible end of the weekly bullish trend and could top up near the heavy cluster of fibo targets.
The "short term" (H1) setup tends to show signs of weakness as well and could validate a massive taking profit reactions from investors (moreover if the yen tends to strenghen which I also expect)
I ploted the expected wave projection on the H1...
Follwing on from the previous idea which just got invalidated with the latest Sinewave Breakout, I had to come up with a new technical background.
The fact that we see the current wave as an impulse (12345 instead of ABC) shows that we are probably making a flat correction which structure is 3-3-5 and corresponds to our present case !
That being said, it still...
The manufacturing index still looks like it will have a steady positive correlation and increase over time. The potential for pro-longed growth is especially true given that we live in the age of additive and automated manufacturing. Even when it was negative correlated a year ago, it still ended up recouping any negatives. The index as an indicator of the economy...
Following on from the previous analysis, we've now reached the invalidation of the previous scenario that was speculating on a new bearish impulse.
It appears that the market is not yet ready to drop, and it decided to flush out the sellers yesterday.
Anyway the structure remains heavily bearish, we're probably just consolidating longer than expected !
I'll stay...
No need to take long to explain what I see here... It's pure and simply a low risk short setup confirmed by both PRO Sinewave &
PRO Momentum .
The last Sinewave signal was a BEAR, confirmed by overbought signal on Momentum (so that's a valid bear trading signal).
This signal got rapidly confirmed by a Sinewave BREAK pattern... at this point, things are pretty...
The setup here is very clear to me.. We're running out of fuel and the PRO SINEWAVE will soon plot the EXIT cycle that will terminate this bullish breakout pattern...
Once terminated the market will switch back to range / retracement mode. After such a rally (+30% with no breathing of more than 3%) we can easily expect the prices to retrace at least to...
The setup here is very clear to me.. We're running out of fuel and the PRO SINEWAVE will soon plot the EXIT cycle that will terminate this bullish breakout pattern...
Once terminated the market will switch back to range / retracement mode. After such a rally (+30% with no breathing of more than 3%) we can easily expect the prices to retrace at least to...
I post that chart because I know some of you are going crazy about the bitcoin... is it a bubble or not..
Well let's make this straight... if you think this kind of price action isn't typically a bubble.. then you need to review your classics !
Of course this is a bubble ! The only question is when is going to burst.. That's a tricky question.. and trying to...
