Hey guys. Ill keep it short as always. I have a feeling this gold rally is just getting started... There has been talk of an upcoming global recession and negative interest rates are becoming a regular. Negative rates are also negatively correlated with the price of gold which is bullish for bullion. We will probably see allot of speculative buying because of the...
Notice the bearish engulfing candlestick today, after the doji yesterday? I believe that means we are going back down to retest the green line I drew in the 295 area. We just made new highs, but could not close above the highest close level set in July. I do not believe this sell-off will be anything more than simple profit taking after this nice rip up after...
retesting for 3rd time on the top of the wedge, negative momentum has been reduced on the weekly. taking profits at 1700's on 1.272 fibo extension from 1616 high to 1270 low .
Hello, These are my 10 Reasons why I think BTC is Bottomed out ! I am a huge bear when it comes to Bitcoin and I believe I am not alone anymore, the possibility of Bitcoin going lower has actually kind of became mainstream. The problem is that people always look at what happened in the past to predict the future, as this crypto space got bigger alot of...
Even for short term corrections may happen, values are getting higher and higher each day. We can see the double dip to the purple baseline of triangle and than a steep upwards move came. When the purple triangle will be completed, I'm expecting a steep rally upwards. First target will be 219 which as ATH (all time high) and than it will set a new...
Here's my chart on Bitcoin smashing through a new ATH starting at the end of August. Let me know what you guys think. Save this chart...
S&P 500 index funds has a characteristic, once the value breaks support of uptrend line it makes a steep downturn for a short period. Right after down movement, a new uptrend rally starts. Let’s see a few examples, look at the green uptrend lines In the short term we have two scenarios; 1. Green Arrow; If the value bounces from the 2914 support or from...
Here is my vision on potential pricem movement of Bitcoin till the end of this year. Price stays above the support and rejecting the uptrend trendline, which is a bullish sign. If/when btc will hit a new all time high, this could be a pretty strong signal for alts to start outperforming btc, at least in the short term. It could be the last time when many...
It’s At the All Time Highs. Time to Sell? (monthly chart)
DLTR rose slightly above its prior All-Time High with a Shrinking Run Gain Pattern. The Long Black Reversal Candlestick Pattern is a common pattern for this type of weak run action.
AMD hit its previous All-Time High resistance and retraced quickly. AMD is now retesting that resistance. Volume remains below average, which weakens the run overall.
With the market down today, MDT doesn't care... It's breaking tested, heavy resistance at all time highs. Technicals look great as well. *Check chart for more info*
Price has consistently failed to break the 11.1k level on the daily. Ascending Trinagles are a bullish chart pattern - We saw one forming back when btc was in 4k area, Now its forming at the the current price range of 11k-13k. IF it breaks above we could be looking at bitcoin TESTING ALL TIME HIGHS! But nothing is certain in trading - So DYOR as well! Main...
A pull back will initiate the ATH test run. CP: 204.94 Expected pull back level : 197~ ATH: 218
S&P New All Time Highs - Risky Buy The Emini and S&P 500 made a new all time high again today, leading many to believe this market is still strong. In some ways it is, but it is more important to realize it is also in a bull flag trading range. This makes it a risky place to buy up here. This is where strong bulls who bought lower will start looking to take...
First I want to mention this is my first TV chart idea and I'm no professional trader by any means. Take this idea with a grain of salt. Based on my relatively simple chart, I think there's a good probability of Bitcoin hitting the 20k target during October of this year. If this target is reached I suspect one of two scenarios. I'm leaning more towards further...
HD recently ran up on Buyback action, and it has stalled below the previous All-Time High. There is Dark Pool Quiet Rotation™ in the price action at this level.