It's been a while since we used this indicator, remember it? I am talking about the TD (Tom Demark) Sequential. Let's have a look at it! ➖ Notice how 1st May a perfect negative eight (8) leads to a perfect negative nine (9) followed by a reversal. The eight signaled the bottom, worked perfectly. ➖ Notice today how we have a perfect positive eight (8). This...
Hello my dear friend, it's been a few days since we last talked/shared and I am so very happy to be back with you today. I will do a more comprehensive analysis soon on XRPUSDT but first, let's focus on a close up of the chart. This is XRPUSD on the daily time-interval. I want to call to your attention recent price action; the last month and a half, since...
We have an interesting situation with Cardano, one of the pairs that we've been trading for many years (ADAUSDT). Have you been trading ADA for a long time as well? See this bearish harmonic pattern: This is a common pattern and easy to spot and it is also quite accurate, it tends to be successful most of the time. The interesting situation here is that we...
Notice how yesterday's session is not that strong—Polygon (MATICUSDT). Notice how today we have red rather than green. This level of weakness implies that a new low is likely coming in the following weeks and that is something that we have been expecting and welcome because there will be better opportunities when prices are low. Imagine buying at the market...
Notice that this is the same chart setup we used before; Binance Coin bearish potential remains intact. The bearish potential is intact because BNBUSDT is still moving within a lower high compared to 16-March. Notice that the peak is very close to Bitcoin's; What one does, the rest follows! We do have a volume breakout in the last two days and the MACD looks...
Here we have another Cryptocurrency trading pair that is exhausted on the bullish side; a classic irregular correction is now in the making with the end of wave b coming in now. As wave b is completed, the start of wave c opens the doors for a SHORT. ➖ The signal here comes from the volume. Notice how trading volume is much lower now compared to March while a...
There is no need to panic, cancel any trades nor act fast; there is always time... Did we miss the bullish wave? It is true that Bitcoin is now showing multiple very strong bullish signals and this is no cause for alarm; Bitcoin being bullish is always good for us and the Cryptocurrency market as a whole. We love Bitcoin/Crypto! First, the chart: ➖ Bitcoin...
The bullish trend ended 28-March 2024... What we are seeing now is the peak of wave B of an ABC correction, based on the EW theory charting system... Let's dive in. Today we are looking at the S&P 500 Index. The first thing to notice is the new All-Time High hit recently. As explained in the DJI trade idea, this ATH is part of an irregular correction . This...
Today we have a sudden strong bullish move that is completely fake and unsustainable... Join me in this trade idea so that we can look at Ethereum together; Boost, so that we can get started. Today's candle shows the strongest bullish action for Ethereum since early 2021; major bull-market action. That's the type of action we are seeing today. This type of...
Good Saturday my fellow Cryptocurrency trader, I hope you are having a nice weekend. This is a great opportunity. ➖ We caught wave A of this ABC correction and now it is only logical to catch wave C. The chart makes it self-explanatory: The start of wave A is the peak, wave B is the first low and wave C is the lower low which should hit between 0.618 - 0.786 Fib....
Hello my fellow traders and news people, I would like to show you this because it is a nice bit of information and can be quite revealing; it can help us connect many dots. The DJI is poised to produce a correction based on normal cyclic market action. Based on the classic fluctuations wee see of prices moving up and down, like the waves in the sea. Today we can...
The black curved line on the chart is called a "parabola," as in "parabolic rise." A parabolic rise tends to lead to a very strong correction. The only way to sustained a parabolic rise is... Well, it is impossible, the Gold market fluctuates between up and down. The peak, ATH, happened on the 8-April weekly session. This session ended with a long upper shadow...
I have some followers that like action, fast; they don't want to wait. What's wrong with that? There is nothing really wrong. If you have the right tools, the right mindset, the right amount of experience and the courage and will power to keep trying no matter what; then it is possible. It is possible now, today, yesterday, tomorrow and everyday. Everything you...
Solana peaked March 2024, together with Bitcoin. One month later, April 2024, a market correction was confirmed. This is confirmed by the fact that support broke, in this case we have a "cap" pattern. ➖ Notice the shooting star, inverted hammer and upper shadows on the candles; all the action has been bearish since the peak session in March. ➖ There is potential...
Dogecoin produced the classic head and shoulders pattern, a top formation. It has been bearish lately, everything seems slow. Trading volume continues to decline... ➖ First, the bias is revealed. ➖ ➖ Then we see a strong challenge of support. After a period of suspense... Comes the drop! Everything can easily change; nothing is certain. 👉 If DOGEUSDT moves...
If the entire bearish wave takes a total of 4 months, we have only two months left before the whole move is completed. But the wave doesn't necessarily lasts 4 months, it can last 3 months or 6 months but not two. Can't be two because 14-March was the top and we are beyond 2 months already into the bearish wave. Now, this is what I've been sharing with you for a...
Here we are looking at the 4H timeframe, considered by many of us to be short-term. Bitcoin just produced a local lower high —I honest don't know what "local" means in this case— I am talking about now vs 22-April marked with the cap pattern on the chart. Then another lower high this time 8-April —Not sure of this one is local, national or international but...
Signals are available everywhere... And new data is coming in all of the timing. The market is great. Even though we get confirmation after confirmation, doubts still creeps in. Even though we see the market moving just as we would expect it to move based on the cycle, sentiment and chart signals; confirmation after confirmation, for real. Somehow, each time...