When a coin drops it is merely instinctual to pick it right up, thats money we're talking about, can't leave it on the floor... Using a term I coined, harmonic wolfekraft, I have obtained the following scenario for COIN. Summary - Look for a bounce around 135 this week (4/18-4/20 range most likely). The bounce zone is 130-140. If it drops below that we...
id call it 68/32 that we have a daily bounce attempt if we hold these lows. id look for a lower weekly high, and some additional bearish activity going into this week. weve had a good rundown toward support that did break lower on the real body of futures and cause momentum toward backwardation. 5-6 weeks of red usually calls for a countertrend rally and elliott...
Paypal major collapse, could be making a massive weekly head and shoulders. Currently though bouncing off a weekly double bottom. Outlook is some more chop into a bounce, beginning the right shoulder. However, might just start rallying from here. Also not sold that a right shoulder would complete, more of a bounce higher from this level trade.
BITCOIN BREAKOUT BOUNCE off bottom support channel! HUGE APECOIN BITCOIN HEADING TO 40k if it breaks 40k i see 42k-45k 50-52k if it doesnt reject 45k APECOIN IS GOING PARABOLIC! BREAKOUT APECOIN $30 + Target Price
Hey Guys, With the major bearish sentiment around I believe this has opened a great opportunity if you look at the data and patterns closely. DXY is now gone parabolic into extreme overbought conditions as people dump shares and hold US dollars, this acting as a double wamy against the overall market. But it is all in anticipation for the FOMOC and interest rate...
Will Apple Bounce Off The Branch Or Fall From It? Apple ( NASDAQ:AAPL )bounced off of its "branch" or trendline four times on the daily timeframe! It would be nice to see a bounce from the "branch" for a fifth subsequent time. 3 out of the four times APPL bounced, it was trading above the 200 MA! The fact that it bounced a fourth time from the same branch is...
don't usually post top tier shitcoins here but worth a long at this area. -20% on the day, hit off 0.618 on the pitch fan, why the hell not. worth even a small long considering the volume on exchanges atm for this coin and a bounce thats bound to happen. keep your stops tight and happy trading folks. more of a gamble than anything else so take this as you...
Ethereum has bounced and retested from the symmetrical trend line, hope to see 4000 in coming weeks
NFLX sitting at long term support after reporting ERs, Could see a bounce from here to retest the trendline. Great R:R with SL right below support.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ALTPERP INDEX update. ALTPERP INDEX is basically used for perpetual coins (Futures trade). ALTPERP is forming a falling wedge like structure in 4hr time frame. Also, holding an important support level (green box) so far. Currently, it is bouncing from the lower...
Although Bitcoin does not currently bounce from the lower band of its newly formed channel, it seems that it will exhibit a steady rise towards the upper band of the channel in the short term. Although the daily and weekly stochastic relative strength index shows a negative stance, the 1-hour and 4-hour stochastic relative strength indices seem to indicate the...
SHOP (Shopify) has dropped 70% since November 2021. Yes we can drop more. However I like the risk reward ratio here as the price is now sitting on a trend line (in green) connecting the lows of Nov 2019, March 2020 and March 2022. The weekly RSI is slightly oversold and we're starting to see a bullish divergence . Bonds are bouncing already, which...
At the end of the day as long as this stays above 233.68 its a Buy. - Bigger picture is NFLX can complete a Running Flat C wave if it stays above 233.68 (i.e. does not retrace more than 100% of wave B - The 5 count of wave C has formed a wolfe wave with the equilibrium point slightly above where it looks like it will open today (i.e. supply = demand near 272) -...
Hey there, it seems BTCUSD is in a price range, it is having a pivot bounce with not enough strength to show an uptrend. Let's take a look at the intraday strategy's results. We should be ready as soon the prices break those bands, either to go short or long trade. R2 41,471.38 R1 41,012.98 PP 40,391.60 S1 39,933.20 ...
Hello Everyone!!! I just checked a very interesting scenario in the Hourly Time Frame. Seems like we moving in an Ascending Channel/Bearish Flag Pattern, and I think we're going to have a big move soon, perhaps in the New York Session even though it's long weekend. Please leave me your thought about my opinion, and if you guys like to, maybe I will create...
Dis approaching support level $130, $125, $115. Im buying at these levels for long with a target of $180. Disney will see COVID relief rally and economy recovery. This market may take years to see the effects of further rate increase. Debt is questionable, don’t ask questions This is not financial advice. It’s only is for entertainment.
PAIR: GBPAUD TIMEFRAME: 1W / 1D ANALYSIS TOOLS: SUPPORT, 200EMA, BOLLINGER BAND(20) -Price has hit very significant support and shown bullish momentum -We see a bounce off lower BB as well as added confirmation -Huge bullish hammer formed POTENTIAL PROFIT: 350 PIPS POSITION: LONG WAITING FOR CANDLE CLOSE
Key Weekly level tapped after an incredible dump from BTC that took us back into the previous range. The Weekly Support test resulted in a big bounce. Rember this is a bounce from Mid to Low timeframes being completely oversold High timeframes can still come down, Current down trend reversal is not confirmed Yet