A sudden 2% pump in price for BTCUSD is exciting... it suggests we may finally see the market start to rise. However: On closer inspection we have cause to be cautious... Until we see a breakout or a swell of momentum and volume on higher time-frames, Team Sparkster is skeptical. The problem is that Market Makers (whales and institutions) can easily take...
Top executives allready sold out. Abandon ship. Sold the knews and the roni vacine hype. Desapointing vaccine test results! Now game over. Skipped the all important animal testing stage and went directly to human testing. No corona virus in vaccine-only mRNA from a sars strand. NIH/MRNA contract for the PATEND of the said vaccine type. Royalties in the hundred of...
Cautious shorting the current 4hr candle on BTCUSD, currently looking at a bear trap on the CME futures chart with a TD buy signal on the 4hr. Bears are also failing to move price strength into oversold conditions, signalling signs of bearish exhaustion, as CMF returns to positive. S&P is finding support (for now) from the 200 Day MA that could confirm with a...
Bitcoin is starting to form the previous inverse head & shoulders pattern on a smaller scale, potentially creating the continuation pattern of a bear trap followed by dead cat bounce to $9,400 support turned resistance, before moving back below $9K for lower lows after the monthly (as well as quarterly and bi-annual candle) closes. Based on larger time-frames,...
Hello guys, in this technical analysis, there are other opportunity to put in short movement in EUR/GBP, But, don't believe of what is your imagination, because this is a pur bear trap to trap all bullish to put in long, so, there will be I identifiy a possible drop of this price, but a nice opportunity to put in short. Also, lets me see that the price action it's...
SPX going to be a Bubble. Remember this analysis and play the game of speculation.
We could easily fall out of the channel now, but i suspect we will have one more swing up above 10.5k to trap in longs before heading back to the 6k region. I plan on re-entering around the mid point of this Gann Fan to ride an oversold bounce, then plan on loading in more in the green zone into the new years 2-5k price range incoming in my opinion. feel free to...
Hello traders and investors! I hope you are all fine in this glorious day! Ok, so, SPX is in an impressive bull trend, and today is giving us a reversal sign in the daily chart. But how worried should we be with this? Well, let’s find out. Remember to support this idea if it helps you, ok? In my view, this bearish sign is nothing to worry at all, and if that’s...
I won’t start this analysis with a “ I told you so ”, because this would be too cliché. In my last SPX analysis, I warned you about how bearish patterns in the daily chart often are just a correction or pullback in smaller timeframes. And that’s exactly what happened today . If you missed my last analysis, the link to it is below as always. The possibility of a...
Due to alts humming and breaking massive gains by throwing darts at a board we can see that we may have actually be in a bear trap. BTC 4he 200ema flipped and now a hammer is forming off resistance/ 200EMA. This could get back to 9000-9100 and higher if we gain momentum and some of that alt gain money flows back into BTC. Trade, Chart, Learn, Repeat, Coach...
Hello investors! So, SPX banished the ghost of a triple top here, and the bulls resumed their trend. Yesterday’s candle was a little frustrating, yes, but the bulls retaliate today. In my last analysis I said about the importance to close above the fib retracement, and if you missed, the link to it is below, as usual. I also warned you that yesterday’s movement...
As price has finally breaks down Support&Resistance stated on chart above, I'm watching if this idea will be valid or not for this week. Trading traps might be one of dangerous action to execute, as if its fail to be a bear trap, price might just go down as well and worst case scenario, price breaks lower to 1.14772. If bear traps was a success, we might see...
Hello Traders, We want to assume the short in BTC, we already can see the RSI showing us overbought signs but, we only will assume the short position if the price goes above this resistance and go back bellow this level, so we gonna assume the bull trap, and we going to see a clearly stop point, and the objective is on the short term uptrend line. If the price...
In my last analysis, I warned about the movement SPX was doing, which was very similar to the last bear trap I also warned here. I’ll put the links to my previous analyses bellow, and I invite you to follow me to keep in touch with our trades and analyses. It was a perfect déjà vu. Again, I saw a lot of people calling it a short trade, but we knew we should be...
Hi everyone. Trying my hand at stonks again., Nokia is showing a number of potential reversal signals. For starters, Nokia gapped down and held the 0.886 Fibonacci retracement from the July 2012 correction rally. After that rally, Nokia had what I believe to be an ABC retracement downwards, with a target for "C" being $2.42. This correction sequence in my opinion...
Now, after the bears bleed yesterday, we see another pullback. Like I said in my last analysis, there’s nothing here that tells me the trend will change. I’ll say the 6th tenet of Dow Theory again: “Trends Persist Until a Clear Reversal Occurs”. Until then, it’s a bullish trend. Now, what would make me change my mind? Simple, if the price loses that light blue...
Hello investors! Yesterday, I saw some traders calling it a short opportunity, but we already knew it was a bear trap. Just as I said in my last analysis, SPX resumed its trend and yesterday was only a healthy, necessary pullback for the price “take a rest” and go up again. How we knew it was not time to short yet? Well, it just did a pivot at the hourly chart,...
BITSTAMP:BTCUSD Vol : bitcoinization.com True Bitcoin Spot Trading Volume by Fiat Currency(Snapshot) BVOL24H (short term) : flat BVOL7D (mid term) : flat BVOL (long term) : bearish MA30 (short term) : bullish MA100 (mid term) : bearish MA200 (long term) : flat