looking good tbh long, set tp 8.2 x 10²⁰ of chosen currency, 4 years gg text
The last post was inaccurate. According to this fractal, we could see another 40% growth before the panic selling begins. The fractal also shows us that this panic selling could begin in early-mid March. However, fractals tend to assume no external factors, such as mass adoption, could be at play - so take this with a grain of salt.
At the moment, Ehereum it's moving into this bullish channel that we formed in H4 timeframe. Waoh, so, as I cancelled so wrong my long position becuase as we see in the chart that Ethereum make descense of the price. Right now we have a great opportunity to bought Ethereum at $1,307 dollar. That it' my buy order limit. At the moment, I put again my buy order limit...
Looking at Basic Trends using All / Weekly for All Time Trends using Log Scale Support Trend Line from 9/27/15 to 11/23/20 $20 k Resistance Support Retracements at $6.7 k, $10 k, and $13.3 k Support Retracements at ~33%, and ~50%, and ~66% from $20 k respectively Support Trend Lines showing repeated vertical action with RSI @ ~85% at critical peaks Speed...
Elf/BTC is looking for a reversal. RSI at 28.5 and price at major support. Time for a bounce?
Maybe the next 10 years EUR/USD bull run?... ...Are we too much scary with US debt rate? Who knows...
Sure, low yield rate alone doesn’t justify the extremely high valuation of NASDAQ, but many investors may have overlooked other factors that may have contributed to NDX's rise. Quick recap of recent macro events- THE BAD Corporate profits in the United States dropped 11.8 percent to USD 1,569.2 billion in the second half of 2020, following a downwardly...
Evening Traders, Today’s Technical Analysis – CURA – holding a key support with the current volume clearly declining, a move will be imminent with a subsequent influx. Points to consider, - Macro trend bearish - Resistance confluence - Structural support being tested - RSI above 50 - Stochastics projected down - Declining volume CURA’s overall trend is...
Friends, do not forget the big picture before going too crazy from Crypto Twitter's euphoria like you're a cat on catnip or Scarface with your face in a table full of powder! If you are trading use stop losses! If you are investing, buy the dips. NEVER invest more than you can afford to lose, and last but not least, if you did not understand any of the above,...
While the BTC chart does what it does, I thought I play around with the MACRO level (again) to see if there is any confluences, clues as to what's going on. This comes in handy as one forgets what scenarios we visited in the pas (in mind) so refreshing these ideas can be useful. It did in this case With the recent developments, I found out another fact, to share...
Today, I like to bring you the new update also with some of risks below support at 1D candles chart. From the previous update, XRP formed into better looking, pink bottom shape. I remake green canal too. Now we need to see holidng Ripple in these ranges to keep my bull mode on. At the opposite direction, I just reverse my FIBO and mark important levels with...
DONT FORGET ABOUT ME - Bitcoin Loves respecting the Fibonacci retracement tool. This chart compares the hidden upwards trending Fibonacci Channel and the middle term Bear Market channel we have been stuck in since June. This is an experimental chart possibly breaking into the realm of Trend based Fibonacci Market timing. - At the time of posting the price has...
Big, big bearish setup on a Weekly chart of Silver projecting a target of 9$ per ounce over the coming months. Great opportunity to accumulate Silver bullion as the price steadily falls over the upcoming months while holding a short position on an CFD/futures contract. As a trading opportunity it gives you a R/R ratio of about 21/1 Sell @ 16.159 Stop Loss @...
Historically when the Coppock Curve reaches this level, the stock moves at least 1% higher over the next few weeks with an average move of 15%. This chart depicts multiple levels of interest over the next few months. In the current MACRO trend channel, it took BABA about 64 trading days to go from the top of the channel to the bottom (Nov 15-Feb 16) in a move...