Till we get a retest of the current break I am not entering the market. Yesterday we took a quick buy and closed, then the market dropped. Then we had buy stops and manually closed just before the market dropped once again.
Stopped out, took my money and ran. Cannot be greedy. whether I want more or not. SL is important in my trading plan wherever going to sleep is involved.
Got stopped out because my SL was in profit. Took my money and went to bed, not a fan of overnight trades because broker🤣🤣🤣🤣🤣
Same as US30, run it but move SL into profits or to BE. The market cannot be taking what you just made.
Move SL to BE. It took me time to get into the market this week, my day to day job took all of my energy so I wasn't in the correct frame of mind to open the markets.
Finally played out with our forecast. We waited a couple of days because the market was choppy, either way TRUST YOUR ANALYSIS AND FORECAST.
Easy analysis but not a long term forecast. Inverse H&S - if it breaks you can take it. Best thing let it break and retest before fully commiting.
The total market cap has double bottomed on the daily reflecting a possible change in long term trend. Currently the index is within a falling wedge and will probably breakout upward. The RSI paints heavy bullish divergence and is uptrending. Upward break of falling wedge will raise the market cap to 1.05 trillion. Arrows indicate possible target if bull trend...
I was surprised to see recent action following this random(?) trend line I drew 1 year ago. It's equally spaced from the upper trend line that closely follows some of the past action near lows. Probably a random coincidence, but perhaps has some value.
Hello dear friends, I've been searching gems for weeks during this crypto bearmarket and I think I've found it. It is CyberFi. The daily chart of this coin speaks volumes about how bullish it can be the next weeks or months. It has built a lot of bullish divergences on the daily RSI. And has made lots of bullish divs on the Marketcipher. It has wicked 2 times...
After hitting all time highs of $3 trillion, we expect to see a minimum $6 trillion of market cap within 3 to 6 months. 10 Trillion dollars incoming. I’m a big believer that it will probably trade sideways after $250 trillion market cap, similar to how gold trades today.
you should look at this chart first if you are not having BTC ETH ADA and SOL basically this chart is for other coins so our coins will pump in anytime next weeks.
Market cap keeps getting rejected by the 4H 200 ema, below the 21 weekly ema. Consolidating in a distorted descending triangle wedged in the volume profile gap. RSI in a triangle, while CCI is more bearish below a descending trendline. A breakdown of the triangle will shave off 500 billion from the market.
Being rejected by the 21 weekly EMA and the descending trendline that it failed to breakout from. Failed inverted Head and Shoulders. Below the 4H 200ema. Below previous range support and penetrating longterm support. The 1 trend Fib extension is confluent with the 3.618 indicating a possible target. Breakdown of the RSI and CCI trendlines. RSI has plenty of...
Important few days ahead for the entire crypto market CRYPTOCAP:TOTAL
Should be a decisive moment in the near future as this RSI trend line is tested. Are we at the beginning of a crypto winter, or in the hiatus of a bull market?
Sector Rotation from Small Cap Growth to Value - IWO: the Ishares small-cap Value ETF IWN: The Ishares small-cap Growth ETF. This chart plots the strength of Value vs Growth - if its trending Higher Value is in favor by the markets. If it's trending lower, Growth is in favor.
$ICLR may represent a buying opportunity on this pullback. Health care, specifically large cap health care like this one tend to do well in deflationary environments and with the Fed signaling 3 rate hikes in 2022 it may be an opportune time to get positioned.