OTC:VYGVQ took a one way ticket to Goblin Town after the fall of Voyager Digital. For the past year the sock has been trading sideways with little action. Maybe it's the copium talking, but I have suspicion that OTC:VYGVQ is not dead just yet. Here are a few points to back up my hypothesis: -There is a massive butterfly harmonic that just completed on the...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️ I am trading the higher timeframes because this allows me to massively capitaliz e on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
In the dynamic world of cryptocurrencies, history often offers valuable lessons. Recent market events have some intriguing parallels with previous years, shedding light on Bitcoin's remarkable resilience. 🪙📜 2019: The COVID-19 Era In 2019, the crypto market faced its own challenges amidst the COVID-19 outbreak. Bitcoin initially experienced a price drop due to...
In the dynamic world of crypto trading, indicators are the compass guiding traders through the volatile seas of the market. Among these, the Exponential Moving Average (EMA) with a 50-period setting holds a special place. Its significance is profound, often serving as a critical threshold that can dictate market sentiment and price trends. Let's delve into why EMA...
FULC a biotechnology firm with a mixed earnings report early in the month just printed a big move and then stalled at the NY lunch - hour and faded. Will the fade continue or will there be an upward continuation? The 15 -minute chart seems to suggest a downtrend: 1, The volume profile shows heavy trading at the top. This could be short sellers...
The new rage on financial social media is that a new room temperature superconductor has been discovered, and appears to be replicable in labs. This is significant because superconductors normally have to be either really hot or really cold during their operations. So, AMSC has Superconductor in its name and is naturally pumping, and has been since May. The...
VBIV popped 50 % to begin July and then promptly lost 75% and has been low volume and sideways since. I have not been able to discern any catalyst for that action. Earnings show an ongoing cash burn. In the past couple of days, the Price Volume Trend indicator has detected a small increase in the price volume product. The Relative Trend Index (RTI)...
NVAX popped today for a price jump of more than 20%. Canada agreed to pay out on a contract for COVID vaccines it now does not want in the amount of $350M. This is hardly enough to the fundamentals of the company overall. So the question arises, have traders and / or investors overreacted to a one time bonus which is essentially revenue without overhead...
Digital Ally, has had a bit of a slow motion pump after earnings in mid-May. Insofar as the earnings go, there were none. The news is DGLY is burning cash less than expected. No matter how you cut it shareholder value is not there and still the price went up since then especially in the last few trading sessions. DGLY could dilute shareholders to raise...
POLONIEX:DOGEUSD Dogecoin is showing this repeating pattern. I like to call it a Pump and Pump :-) Maybe it will ultimately become a Pump and Dump . So I am not going all in. However, a small holding of Doge has the potential of creating a large return. This is an asymmetric risk-to-reward play. I write off all the money I put in. So it is a small loss on...
AUTL on the one-hour chart had a spontaneous parabolic move without a catalyst as best as I can tell. Earnings ten days ago were decent but nothing special. AUTL as a biotech firm is losing cash just not as much as analysts predicted. In the parabolic move very few shares were traded between $2.00 and $2.40 as per the volume profile Overall a massive volume...
HI TRADERS ,THIS IS DANIAL AND WELCOME Aave consolidation in weekly timeframe shown us big wave will came. As you can see from last 6 months ago, Avve try to break top of consolidation, but every time rejected by resistance. In my opinion, best strategy for this coin, holding and watching the price till breaks one of the sides. MOST IMOPRTANT TR ZONE IS DRAWN BY...
Huobi Global’s majority shareholder Leon Li has agreed to sell his entire stake in the crypto exchange to Hong Kong-based investment firm About Capital, reportedly spearheaded by Tron founder Justin Sun. Huobi price today is $4.94 with a 24-hour trading volume of $49,600,236. HT price is up 19.6% in the last 24 hours. It has a circulating supply of 130 Million HT...
The technicals are practically writing the news themselves . . ChatGPT in the HOUSE!?!? . . maybe ; I'm not gonna get into a lot of detail but Bitty CME has a sick bottom gap that HAS to fill, eventually and as Bitty goes so goes the rest of 'em. I plotted a possible entry / firesale level buy op about two weeks before this ridonculus pomp and then watched the...
EYPT is now on another breakout on the 2h chart similar to what occurred from mid-December to mid-January. On the indicators the MACD shows the K/D lines on a steep upward slope. For me, what set off my interest was a relative volume scan that produced this stock on the list. The relative volume this week and consequential accumulation triggered the...
TSLA opening above $198.5 should go up towards $204 gap fill possibly $206 retracement ... resistance @ $$199.5-200.5 then $204 (2 sigma weekly Move) If Fed is Dovish today with a 25bp hike this will help to push bullish narrative Fed with 25bps and Hawkish rhetoric can stop the bull run. Below $194, we could see Tesla go for Gap fill below and settle...
BINANCE:BTCUSDT Bitcoin went up from 20k to 28k in few day's without proper correction Now price seems overbought and it needs to cool down price action a bit Price is trading in rising wedge , rising wedge is bearish reversal pattern Price after breakout can drop down to pivot level of 26k mark 50 ema will also join pivot point after 12-16 hour's ❤️...