bounce

So, as I feared BTC did choose not to respect the 4200 support line, that many hoped would be a magical Gandalf Mana shield barrier or something XD No, as predicted, trendlines don't count a lot in BTC, since the support is more akin to a squareroot function in the log chart. Therefore, we can go quite lower, without breaking the longterm bulltrend. The ...

The Fantastic tool CM_Williams_Vix_Fix Finds Market Bottoms shows at 1W view the biggest support ever in one year. A big bounce can be possible over 3200/3400k and then a fall to 2XXX -1XXX My followers knows I dont like repeat charts that you can find in TV. This is a different view so I post it. I thing now we will do a big dead cat bounce.

Watching this crazy move ( IF ) dji dont pumps back asap in the next 2 weeks trade 2 - 5months

Well, don't have to say so much, we are due for a decent % bounce and previous idea long term targets are met at 4.24k with PA wicked to 4.2k. Still think it can go to 3.8k, but doesn't have to, so can scaling in if you wanna trade this, but RR is more interesting to the long side. Be my guest to join the scared chickens to sell here, then this idea is not for ...

Just closed SQQQ Call options here, this is a simple trendline play, Legacy markets love using these old long term trendlines and I would be extremely surprised if we just ignored it and continued down without a bounce. I think we'll pump aftermarket today or tomorrow latest. I'm not worried about stoplosses here, just buying some call options that either will, ...

The Daily Chart of COSTCO Stock shows that there is some sell short potential on the short-term trend IF the stock breaks to the downside below the low of around 216. At this time, it appears that is more likely given the lack of large lot buyers in the chart patterns. Support levels show the point gain potential moving down from the current range-bound ...

looks like this is the bottom of subwave iii, in the first A wave of ABC correction. can buy for a bounce play to subwave iv. targets .236, .382, .5 retracement on the chart

The price could have found a low to bounce higher from. In my original chart linked below in related ideas, I said "support could be somewhere between 24550 - 24650 this week." Yesterday the Dow Jones fell right down into this price area. Yesterday's low on June 19 was 24568 only 18 points above the lowest low I had foreseen (24550). Yesterday's close was 24700, ...

The DJ:DJT chart corresponds to an update of the chart published in the article "Trading the Dead Cat Bounce Pattern." TheLiveTradeRoom

This AAPL weekly chart shows all the support levels back down to where 2019 projected revenues will be in line with the previous Dark Pool Buy Zones of 2016. The 2016 support price range is strong, fundamental support for the stock. As you can see, AAPL doesn’t have precise technical support levels. Even on the weekly chart, the stock price does not stop falling ...

Highlighted in the yellow circle is where I am going to be looking for action. If the purple support line holds I am definitely placing a long even if its a quick play. However if this line is broken I will ride out my short which is already in profit. Happy trading to you all! Get those gains!

So here I have drawn my own red candle down which is what I expect to happen. As always I have stops in place to protect from a bounce. I have also drawn a channel to show my target for the next bounce. Trying to play both the ups and downs. Let me know what you think.

Is this the same question you were asking yourself (and others) when the price of Bitcoin was 6000? And when the whole space said it was, what did that do for you? What would the claim that this is the bottom do for you now? Trading is reacting, not predicting. Nobody knows if this is the bottom, people may have reasons to think it is or isn’t, but nobody ...

Good morning, traders. Bitcoin showed some bullishness overnight which shouldn't have surprised anyone. Looking at the 1D, we can see bullish divergence printed in RSI between 11/24 and 11/26-11/27. This has led to almost the largest daily move up since July. A few hundred more dollars of appreciation before the daily close would cement this. The question now is ...

For the past couple of days the rates have changed their direction from downward to consolidated horizontal. Pre-market wedge offers a good opportunity to learn about the future martket direction. Overall it looks like a bounce with double bottom near 3.04. So I argue being bullish. SMI has been showing the upward trend since 19 November

bounce off of volume supportedBINANCE:BCHSVUSDT resistance considering that is the name of the game in their so called "pump" war (this aint no hash war imo) & if not expect a low near mid 100 teens once more?

Long based of channels and fibs My Entry: 170.00 (any entry under 175.00 is okay) Stop Loss: 160.00 PT: 200.00 area Risk/Reward: ~1:3

Another quick update. Chart this morning I spoke of watching for BTC to trade within the low and our original high off the bounce of $3910 and we did that for majority of the day before breaking out to a higher high later in afternoon. I was looking for bulls ideal situation to have the brief consolidation and then get their higher high to give the confidence for ...