In this video we recap the US stock market price action from last week and game plan for the week ahead. We break down the 3 possible scenarios the market may take next week and how to plan/structure trades around them. This video was specifically recorded for short-term tactical traders looking to catch a multi-day bounce, and does not acknowledge/discuss the...
This is the bounce off the first test of -20%ish decline. I expect a +5% move to happen fairly quickly, then a lower retest near Fed announcement, then a slow retrace to roughly -10% from ATH before the next leg down.
Nice how the rules play out here. ES is bouncing exactly at the Centerline. This means, there is a high probability that we see at least a pullback to the North if we hold this level on the close. Let's observe.
SPY has finished its H&S breakout. Our target was 371 for EOW and Friday morning we are currently sitting at 369 premarket. I expect today to be a bounce day but I am still bearish long term. Looking for calls above 371 PT is 376 and 380 for today
if we ride the top of this envelope higher we could visit 201, if we reject from those levels and drop further btcusd is still in a bear trend.
were at the lower end of this nadaraya watson envelope, and it looks like nasdaq is at least going to pull back to SSS moving average or TRAMA. if we get a buy signal near the lows i think price could follow this path.
Hyperinflation during bear market - same marketcap as we had in 20c in August 2021 The team has bad image - team scolding people in Telegram (already deleted), I have screenshot in case people say I am lying Not listed on any major exchange since listing - hyped up Binance, never came Still no use case Slow chain, slow finality - eth2 coming so completely...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this Bitcoin Dominance update. Those who don't know, BTC.D works inversely with Altcoins. It means when BTC.D dumps, Alts will pump and when BTC.D pumps, Alts will bleed. Now let's get to the chart. Currently, Bitcoin dominance trading below 40 and it is at the...
Fib pull from the top to the bottom of this move: A strong rejection off of the 0.5 fib is considered to be a dead cat bounce. In this case, the price was not accepted back above and therefor further down side (below 0) is quite possibly on the line. Check Morpheus, showing us the perfect setup for a short. A key support / resistance flip level for me would be...
BTC is doing the same thing it did in September 2021 - Triangled triple bottom on support. Apart from Weekly divergences pointing to 26-27k and indicators exhaustions with room to the upside - this is an additional pattern being re-played. Today NFP - Expect anything, but for sure a bounce to the upside soon. Cheers!
On 0,786 fib, 200sma on 30m, and previous resistance, The oscillators look nice, good chance for some kind of bounce... mind the market if entering this... Tight SL... Dont expect much... Trail it with SL up the levels... Good luck traders
qqe recently went long tesla, and i think theres something to it if rsi chooses to reverse and cause some squeeze. if we get the volume trade switch back to the bulls on the hourly, this horizontal might hit. theres short long and pivot targets as well as the path i think tsla might take.
Let's see, a big decision time for SPY. Small bounce is plausible. Looks ugly.
Primary Chart: NDX's Critical Support Levels Include a Two-Month Upward Trendline, Fibonacci Levels, and a Key Price Zone (Teal Box) The Nasdaq NASDAQ:NDX approaches critical support this week as indices give back gains from the recent rally. The most immediate support has already been reached—see the teal-blue rectangle showing a major zone of price support...
Hi dear friends, hope you are well and welcome to the new trade setup of Bounce Finance Governance Token (AUCTION) with US Dollar pair. Previously we had a nice trade of Auction: Now on a daily time frame, Auction has formed a bullish Gartley pattern. There is also a hidden bullish divergence as priceline is forming a higher low but RSI is setting a lower...
I discuss five indications that traders need caution on QQQ (and market generally) instead of expecting an immediate directional move. This video demonstrates how to use chart analysis to form context for placing trades. By understanding the daily chart, traders can then look for good trade entries on smaller timeframes. I also created this video to counter all...
First, this is not entirely my idea. Someone posted it in chat, and then deleted it immediately and then I couldn't find them or their chart. But I saw it long enough to get the picture. The 3 bounces prior to this one since $17.8, have all crossed over above 30 on the RSI, on the 4 hour. Generally those aren't oversold enough conditions to make significant...
If we're going to reverse this trend in the short term, I'd wager that this double bottom is a good potential spot for it to happen, and it might take us to the heavy resistance zone in the low 23k range. This is just a short term idea for the next 12-24 hours or so, not a prediction of an overall trend reversal to the upside, I think a revisit ~$18k is easily...