Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
The cryptocurrency markets and Bitcoin are trading predominantly bearish as the DXY increases in strength. In today's...
Below you can see 4 indicators pointing out that BTC is currently overbought. Take a look at my previous post to see what indicators I use and what they mean.
At this point we will have to see how the market responds to BTC being overbought. What happens often, is many traders use this as an indicator to sell.
That is why we need to keep a close eye on the...
WDAY is working on a final sideways pattern before testing the completion level for this intermediate-term bottom. Large lots have recently created a Shift of Sentiment™ pattern in the Balance of Power Indicator with their large lot activity.
QUAD has been in a long-term downtrend until recently. The gap was a Breakaway Gap, which seldom fill. The Shift of Sentiment™ on TC2000 Balance of Power Indicator not only shows High Frequency Traders’ presence, but also Dark Pool Quiet Accumulation.
Shutterfly Inc. has been working on an intermediate-term bottom for most of this year. Momentum has moved the price up to just below the bottom completion level. There is also a Shift of Sentiment on the Balance of Power Indicator revealing Dark Pool intermittent Quiet Accumulation.
HAS gapped up on strong earnings news. The gap is a breakaway and is now in a compression mode. Balance of Power shows some pro trader activity in the stock at this time. The next resistance level is the highs of September. This is a swing or day trading setup.
Spar is one from my moneystream list, Inverse head and shoulders pattern. I like the look of balance of power on this for good confirmation been showing some nice informed buying accumulation throughout the h&s. looking for $20 target. Earnings due to be released next week though on the 3rd