I guess we can say that Elon's offloading 10% of his shares was in great part responsible for TSLA's plunge of nearly 29% in the recent weeks and it doesn't help that US markets have also been correcting during this period. There are now a confluence of technical factors on Telsa' chart that gave conviction to Telsa's rebound yesterday: Telsa finally hit into a...
Following current trends of the Godfather of All that is crypto, just reiterating one more possibility for Chainlink. Over the next few days before the holidays, this will show what happens when people step away from trading and focus in on presents, cooked ham, family and the Big dropping ball that takes us into 2022. This is just one more idea before I do the...
Several Key points of Historical Support and Resistances to be aware of I believe we can find support around the weekly neckline of the potential future Head and Shoulders... BUT I also believe the Market Makers enjoy pushing the envelope of "market pain" sometimes to initiate as much liquidity as they can, in order to accumulate before letting the market go...
This is a projected model pathway for BTC recovery based on the January recovery. If it holds true, I expect BTC break 52k again between the 11-12th and reverse back to a bull cycle throughout the rest of the month.
Given the respect the 0.75 fib speed fan was shown on the recent drop in price to the 41k area, and the responses we are currently seeing from the 0.618 on the uptrend that started late July. I will be keeping an eye out for the 0.681 speed fibs that will cross on Christmas eve eve (23rd) and the 0.666's that will cross on New Years Day for a possible range to one...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for DOT, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Price targets are as shown. Don't forget to take profits!
Here we can see an ascending wedge and a head and shoulders pattern. At this moment we can also see that the price action is currently retesting the parallel channel and wedge. All options in this charts are still valid while it still can go both ways. If the parallel channel gets broken, close above and an impulsive move up, off course retrace lvls. are...
In this video: Shiba has broken up and out of purple triangle Confirmation of the 4hr. We'll talk about potential future price movement Where to find me on substack
Orange is for 5 minutes and yellow is for 15 minutes
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XAUUSD Potential Outcomes.... Price is sitting in a strong daily supply zone and is breaking structure to the downside on the LTF, However the USD is still falling giving gold strength, because of rising inflation this could push Gold higher and if gold breaks the daily demand I will be then looking for retest and buys. Normally this would be a high...
Tel is clearly operating in a symmetrical triangle on the 5 Day time frame. One my conservative targets for $tel long-term is .43 cents. Coincidentally that target is right in line with the fib 1.1618 level (Golden Ratio) MACD selling pressure is starting to decreasing by pinkish histograms, which is a very good thing! The MACD line is also crossing from...
With the recent correction, and "flash crash" **cough** timed manipulation tactic by whales that sank prices recently. $Tel is still on pace to reach $1. Within this new Andrews' Pitchfork Model $Tel would need to end up in that top area of blue upper channel to reach a price range of $1.50+ Which is my opinion isn't possible, but what i do think will happen is...
I have came accross this indicator called "Donchian Zig-Zag" and have paid close attention to its behaviour. There are some strategies that I have developed with it, but I would rather not share them just yet. I think overall, this indicator is fairly decent, and it can yield high returns when used properly. At this current point of time, my views on this...
It seems this market could be facing a mega correction similar to that of the .com bubble days... Makes sense considering the S coins in crypto at the moment devouring the space... After breaking below our triangle and forming a lower low we could be in for a ride.
On the 3-day time frame $Shib is clearly consolidating inside of Symmetrical triangle. My expectation is a bullish break to the upside and a breakout target of 0.00001666. Shib is currently bearish, another possibility if $Shib remains bearish is a break to the downside as well. With us basically on the brink of October. I do believe it can flip bullish and...
Good afternoon, traders! We got a projection for you. Let's get right into it: We will be entering this trade, only if we see a nice, clean streak of green candles, going all the way back to the EP. 💱 SELL LIMIT: - Stop Loss (SL) = ~0.85828 - Entry Point (EP) = ~0.85631 - Take Profit (TP) = ~0.85346 Positive evidence: ✔️ Breakout @ ~0.85631 (at a...