ARK is fulfilling Elliot Waves . Theory suggest Wave C (correction wave) can be even more largest than Wave A. ¿Why I think this is the end of Wave C? Because we can see an accumulation at the bottom of Wave C with a range of 27%, for almost two months; this can be extended and prices can fluctuate on this range for a few days/weeks more before a bull...
Analysis: With a first ever occurance of BullFilter bottoming out at zero for a few days... This definitely means something significant is afoot. After bottoming BullFilter is now showing a bullish divergence while price is still flat. Accumulation has been ongoing for almost a month now with no significant breaks to the downside. Last point and its a BIG...
Good morning, traders. We are nearing the end of the week which means CME Bitcoin futures expire in just over 24 hours (10 a.m. CST on 9/28/2018). Bitcoin continues to move sideways as we suggested might likely happen, but it did finally break through the resistance at the descending blue line. The resistance combined with the ascending support created a pennant...
Bitcoin has been in accumulation ever since it reached the top in december.
Good Wednesday morning, traders. Bitcoin followed the red-outlined likely movement, hit our targets that we discussed on last night's live stream, and is looking to exit the DBW that it has been in for the past 2-3 days. Before it does, we should see some consolidation right below support. A breach should provide a target of $6780, based on the widest area of the...
Good morning, traders. I just saw that our POE trade popped for 56% this morning. That's another in a string of great set ups for our Discord subscribers. If you've been following myself or Scott Melker on that other social media site, then you know we've been hitting consistently with HOT, FUN, RDD, TRX, ZRX, and POE being just a few of our recent wins. But how...
I've caught most of the pumps that have taken place over the last few days. I must say if you blink you probably miss most of them. However these bursts of volume cause all indicators to look differently than if they hadn't happened. This must be considered when analyzing price action. I'm still bearish on ethereum and added near the top of the last pump. I may...
Brait (BAT) stock is being accumulated since December 2017. A volume profile cluster is found between 37 and 39 were buyers have been active. After some high volume tests at the bottom of the range, a lower volume test indicates supply has dried up and the stock could be ready to be marked up. There is divergence between price and the Volume RSI. Once the...
It's Friday, traders, and you know what that means -- liquidity drying up for the weekend as the larger traders take a break and enjoy some down time. This means it is easier to move price with smaller sized positions, so if trading be aware of sudden movements. DXY is getting a bit of a bounce today as I mentioned it would yesterday as a result of it hitting the...
A little early for this one But the current pump and looking at the support / resistance level this looks like accumulation on a macro scale! Will put up an update once i get a more clear picture. Heavy resistance on the weekly at bottom of TR
$NTR Yesterday indexes were weak, but this stock went up with 1.77x average volume. Today it was a follow-through day with 1.79x avg. vol. Looks like good spot for a long pos. after a double bottom pattern.
Learning Wyckoff Close above established support is your buy
Good morning, traders. CBOE Bitcoin September futures expired yesterday and, as I warned, there was comparatively large volatility within an hour of the expiration. It began with a strong drop and ended with an even stronger pop that resulted in about $400 worth of upward movement. This appears to have been a terminal shakeout on the small TF accumulation we've...
Good morning, traders. Today is the CBOE Bitcoin futures expiration date. Furthermore, price has been printing a symmetrical triangle since September 8th which mimics April's symmetrical triangle that resulted in the short squeeze. Shorts were at an ATH at that time and are currently near it as well. Now, much like then, retail sentiment is very bearish and the...
Good morning, traders. Bitcoin continues to move sideways, but for how long? Yesterday's downward movement that led to this sideways action appears to be a breakdown of a larger bear flag, which as I mentioned a few days back would have a target of around $5000. This would follow the AAPL 2009 pattern as I discussed last night, creating a spring, and if price...
Good morning, traders. We have made it to Friday once more and, as always, that means liquidity begins drying up for the weekend. Gold is nearing a bullish breakout and the DXY is struggling to remain afloat. This suggests to me that we are more likely to see Bitcoin heading up than down. DJI is a few hundred dollars away from filling the gap left in January of...
JSE:NTC has been in a downward stride that started in March 2015. Following the Wyckoff theory we see a selling climax in March 2017 and accumulation that has taken place until March 2018 when there was a change in character with signs of strength and the downward stride has been broken. The stock has backed up to the accumulation range and I am waiting to see...
Good morning, traders. It's Thursday and Bitcoin price continues to rise. Yesterday's breach of the descending broadening wedge and symmetrical triangle have produced a target of up to $6700. This would fill the price gap around $6670/80. Scattered above are pockets of over-leveraged, under-capitalized shorts which, when hit, will accelerate price appreciation. A...