The previous bottom and the proceeding Wave 1 of the previous bull run, from Dec 2018 to Mar 2020 for BINANCE:ETHUSDT
:
The pattern is almost identical to the current price action, with massive volume spikes at the end of the Wave C correction.
BINANCE:ETHUSDT
BITSTAMP:ETHUSD
Appears that the DJI is currently in the pocket for either a potential point of consolidation of prices and a bounce off of the 200 MA, or a consolidation of prices and a further push to the downside.
I personally am looking for a bounce back toward the 55 MA.
-PP
If you find squaring a circle to be a time-consuming task, try it in three dimensions while waiting for the short squeeze (surprise!) on the Nasdaq futures. This is an attempt at "cubing the sphere." We will know whether it is correct by closely the price action follows the swirly pink path.
It has been proposed that price action actually manifests in four...
Technical analysis along with an understanding of geopolitical events in our world today can help us get a grasp on where the price of Bitcoin (and cryptocurrency as a whole) may be moving in the next few days/weeks/months.
The Media is always talking about the federal reserve to create FUD. Nevertheless, it was inevitable for the SPY to fall when it has been extending for so long. We are seeing a correction, and, in my perspective, I am still bullish for the SPY. Some say they see a head and shoulders pattern at the top, or the formation of one. However, the line that I freehandedly...
I am optimistic on the market in this area, not because this coin gave me profits in the past, but the daily graph is an solid uptrend, despite overall dark atmosphere at the moment... I Love the project, I like what I see on socials and definitely it's my top3 pair in next bull run. Very low Volume, watch out it's going to a bumpy ride!
My strategy: I'm going...
Only technical analysis, The MACD is falling sharply which means there is an absence of buyers. However, I have price projections that will drop to 14.77 and have a sharp rejection. I viewed this on the 4hr chart for more accuracy compared to the day chart. Assuming the mean of the chart within 5 years is around 32.5 or 33 --a guess-- then price will eventually go...
Probabilities for retracement are listed here. Note that the SPY will have a low probability of moving down monday but tuesday we may see a slightly lower movement. Nevertheless, a put at .618 retracement level will deem favorable.
SHORT TERM ANALYSIS:
BTC approaching again towards Daily confluence area and good Pivotal Support region.
Formation of a falling wedge on 4hr TF with Bullish Divergence with MACD shows some short term strength.
Key levels are highlighted with yellow lines and purple zone.
Trade accordingly, use trailing SL.
In this video:
* We do another Charting-on-the-fly session
* I look at past price history and chart patterns
* We assess the benefit and accuracy of analytics
* We look at current price actions
* We map current price patterns
* We target price and map levels
In this video:
* Congratulations are in order for my followers/subscribers
* Basic Attention Token hit it's target
* Now can we spot new data that would indicate where we might go from here?
* I chart on the fly.
* We find a new price target area of $2.55-$2.68!
* Amazing price action on BATUSDC
Previous video:
Black Friday Special Below! Git it!
TV subs,
I realized this morning that I made a mistake in publishing my Litecoin video setup incorrectly here on Tradingview. I had spotted a beautiful setup and created a video about it but it was published as a "Private" video, meaning that only those with the link could view it. Unfortunately, TV does not allow me to make the video public. You are only able to...
In this video:
Review of Doge
Where we sit
What needs to happen in terms of price action
Cautionary countermeasures and sell stop area to watch for
As long as we remain on the upside of our triangle, target 38 cents
Additional tools that can be utilized for analysis and sentiment temperature
The previous video explained the bullish behavior of OXT.
Inside bullish triangle
Consolidation phase nearing an end
Testing huge resistance many times
Etc. (see link to Related Ideas below)
In this video, I analyse the greatest probability of where OXT goes next:
Currently hitting our heads on resistance at 48 cents
How strong is the 48 cent...
A fellow trader alerted me that my previous AAPL chart reading is too unreadable :) - so here's a fresh, cleaner chart reading showing only the price chart - no complex indicators - using the weekly view and marking what i will be closely watching in the next 3 months - and possibly a trading scenario (long) - this scenario is still inline with the previous one .....
AI-generated position: Long (Target Price = Blue Box, Stop Loss = Red Line)
Neural Networks see Bullish Wedge.
Bear Trap (below) and Retest (above) yellow zones.
