That is why you do not go FOMO mode on cryptocurrencies Hello, traders.
See how to identify overbought charts with Bollinger bands indicator.
Bollinger bands consist of three lines that plotted in the chart. The line in the middle is usually a simple moving average configured for a period of 20, typically default for Tradingview.
The up and the low Bands are defined at two standard deviations away from the central MA.
Whenever the price is away of the standard deviation of the Bollinger bands, up is a sign of overbought rate and down is a sign of oversold,
Take care to get into assets outside the top and bottom bands.
Note, RSI above 80 is a good indicator showing overbought signals; combining these two indicators can make you do not enter FOMO in some assets.
Fomo
ONTX About to fly watch money inflow and volume** (First real analysis sharing with people, open to all criticism and other ideas to bounce back and forth)
Watch morning pop then drop to .382 fib (a,b,c pattern to next resistance) $.81 and big gap up from vwap
(resistance top of previous cancel but after bull flag and big vwap bounce itll bust straight through i think*
Next resistance 1.07$ level... Drip too $1.02
next levels to watch ....
1.65$ ( This may be a big fomo play when this goes watch it to go parabolic)
then next levels to watch 1.9952
2.1700
After this broke trend and watch for steady bullish trend
LINK - Enough with the FOMOMain reason for this extreme pump is FOMO
Now the price is extremely overbought on rsi both on weekly and daily - very bearish
We saw what a overbought signal on weekly did to the crypto market
Massive retest is possible therefore I am short for the meantime until the market cools down
So,
targets 7.6, 7.5, 7.4, 6
entry 7.8
sl 8.2
leverage x5-10
REQ/BTC Tell me what I should do?I bought into this coin when its trading at 0.000025 and has just taken profit today at 0.000050. I am having a serious case of FOMO ing given that I believe its alt coin season and there are more upside potential in a few interesting great projects. I want to get back into it and what level do you think I should? I have placed an order at 0.0000038. The reason why I took profit at0.0000050 is because I think that was a good resistance ahead of 0.000052 and should see some form of retracement lower first before trading higher again. A massive spike up cannot sustain very long without retracement and I do think retracement is healthy for bull market.
Tell me!
4HR BREAKOUT UPWARDS ON DOWNTREND RESISTANCE LINEMacro timeframes at lows in oscillators + halving + already 2 months consolidation in the 9ks => it's gonna pop up eventually, just a waiting game.
SMASH that like button if you appreciate this chart, or perhaps drop a comment below.
👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍
COULD THIS BE THE REVERSAL BULLS HAVE BEEN PATIENTLY WAITING FORGood morning brother's.
FIRST OF ALL: If you appreciate these daily charts smash that like button! 👍👍👍👍👍👍👍👍👍 (This is how new traders can see my charts & ask questions, so I can provide the best possible content I'm capable of!) 👍👍👍👍👍👍👍👍👍👍
Today's range: LOW of 8900 & high of 9245 (THUS FAR). I'm expecting a slight pullback to at least 9147 zone to test bulls support, however the more 9000 level is being bought up the more shott term bullish I'm becoming. Originally, I thought macro levels we're going to pull weight and drag us down, but it looks like the local top might not be in just yet. The real test for bulls will be the 9297 zone. Break that level and flip it into support and we've got ourselves an interesting week ahead!
I'll post an update on today's daily close, and make a few more charts. One on a lower timeframe, as well one on a higher timeframe.
Stay safe peeps.
HIGH VOLTALITY EXPECTED VERY SOONFirst of all: PLEASE, smash that like button if you appreciate my charts! I spend hours each and every day to make these for myself and also so i can share my thought process and perspective on the market with the world.
Second of all: Sundays can be vicious and whatever side we lean-to will likely result in high volatility to that specific side.
Conclusion: if 9000 level holds I'm bullish as FUCK boys. lol.
INFY - UPDATED LEVELS /Analysis Infy closes above the 730 levels, that it had been resisting from past many weeks with a big Bull candle that opens near its low and closes near its high with huge volume.
Higher high , high low Structure of the stock is maintained , hence any dip in the stock might get absorbed.
There will be many who missed the move and would like to enter in the stock, but buying a stock at any levels is not a good idea, so we have to keep our levels ready and wait for the stock to test it, though it requires patience and you might feel you will miss the move... but trust me patience always pays you well.
My mantra for flawless entry :-
Keep the levels ready
Have Patience
Pull the trigger at right time
Now as per my analysis 700 -685 is going to be good support.
Stop will be same at 650 levels.
1+1=2 SO ARE YOU BULLISH OR BEARISH ON THIS 1DAY CHART?!Be careful as tomorrow traditional are closing the week off and BTC like's to venture off and do its own thing. CME gap's are important and weekends price action is a good indicator on how the following Monday is going to open. A monthly close in 6 days, who's ready for July?
Please don't overtrade on weekends, low leverage and stick to your strategy.
If your position gets invalidated just take the loss, move on, and get ready for the next move.
Sometime's no trade is the best trade and on weekends sometimes that rule applies when fuckery starts....
Bitcoin dominance & ALTSEASONI like it all the more that, despite the impulse movements of BTC, shitcoins do not experience such extreme drops, so it can be said that they are strong and relatively stable. I've always kept from thinking about ALTSEASON until after the breakdown of the primary support trend. Until yesterday, I was waiting for a more prominent daily candle, which will confirm the breakdown, and that's how it happened.
Looking at today's daily candle and yesterday's close, we can say that it really didn't hold the trend and the dominance should start its journey DOWN. 4H-12H MACD + Histogram bearish, Daily turns towards bearish cross. 3D and even Weekly indicate a potential bearish cross, which, if this week closes, confirms the idea of a medium-term shift of focus away from BTC. The RSI is in the neutral zone on all High TFs, so it has plenty of room to drop.
1D chart:
333K ATH BOOMERS & ROBINHOOD MOON BOIZ TAKE BTC to 0!!!!Bitcoin has been marinating in the SCAM ZONE 10500-9000 while volatility has dwindled to a stand still. As POWWOW Mr. FED's printers CURE COVID 19 this week look out for a nice break out, maybe all the way up to 9900 before battling out of the SCAM ZONE and drawing swords with 11k. At this point BITCOIN is primed for a massive divergence from traditional assists then explodes past the OG ATH 20k. At this point BOOMERS will FOMO their collapsing 4o1K's and send BITCOIN into HYPERSPACE an EASY 333k ATH. AT THIS POINT BITCOIN will have entered an entire new dimension where time is irreverent and all laws of physics cease to EXIST. The Volatility form this transformation will send BITCOIN back in time CRUMBLING TO 0$. At this point THE ROBINHOOD MOON BOIZ will BUY THE DIP and rocket BITCOIN 100,000,000,000,000,000 x . THIS IS WHAT THE MEDIA ISN'T TELLING YOU.
#netflix - buy the dip Netflix has broken out of huge ascending triangle, it is one of those few stocks for which current #Covid-19 situation is good for business, with people locked inside only thing they have to do is "Netflix & Chill"
green range should act as good support now so buy close to it
there are bearish bearish Divs printing on weekly & monthly but I feel this will go Parabolic like Microsoft!






















