Looks like is getting squeezed by the resistances. with the support we can clearly see forming a triangle witch will brake soon it can go to the downside testing 3500 or maybe lower, but if is gonna be to the upside it will be masive!
Merry Christmas Traders! We find SPY near the termination of a minor fifth subwave v of Intermediate wave (3), which in turn is part of a larger primary wave One. Primary Wave One should terminate near SPY ETF price 219 on/about 31 Dec 18, after a 28-day decline from 3 Dec wave origin. Chart describes constituent components of Primary Wave One, including a...
This chart is my new bible I have a strong feeling that we are about to see 2017 January played out again with a MASSIVE alt rally back to about 45-47% BTC dominance. This would result in about 3-5x on most coins. Once we reach the trendline I also have a two feelings. One alts retrace after a massive rally and BTC takes charge in late Q1/Early Q2 as investors...
People have been speculating about the Bakkt ETF , institutional involvement etc. Now there is a panic because it may be delayed. It may never happen , because WE have to prove the value and stability of crypto before anyone will touch it. Seriously. It's 3 days rallys and 30 day crashes that scare people off. Pump and dump i not a sustainable business model. Im...
ADABTC made a small inverted H&S pattern, with the head around 11th Dec, then broke the neckline of a larger inverted H&S on 21st Dec, worth noting that the right shoulder of the larger H&S is a bit dodgy. I beleive it may be a little early to call for a full reversal as we need to see follow-through on the higher timeframes. The fibonacci fan and trendlines...
Santa just hit pause on the "bear" and we are likely to have yet another counter rally. Remember that Santa can only brings so many presents and that we in my opinion are gonna resume the bear when: Scenarios: 1: If we have a shallow retrace, we stop at zone 1 (Fib 0.3-0.5) and the hit "play" on the "bear" immediately. 2-3: If we are going above Fib:0.5 into...
On the weekly time frame we can see ETH/BTC holding the support area braking out of the triangle In the RSI and Stoch RSI looks like we are getting a bullish cross! It will not surprise me if this is the beginning of a new rally Many Altcoins are in the point of braking out in the next couple of weeks. The Erc20 tokens will push Ethereum up , is a synergy in the...
Based on positive RSI divergence and just being very oversold, I see a possible rally back to around $4700. However for me to become bullish on BTC again, we'd need to break and sustain 6500, which is both above the daily 200MA and of course the 2018 support of 6000-6500. I think 2019 is going to be a good year for crypto once again, especially with all the...
For years now , the press has been playing both sides of a war they created in what should simply be an endeavour towards financial freedom. Remember who controls the press, and the interest behind it. Just 4 days ago Bitcoin was "dead," to quote a teenager who was actually quoted and put into print by the likes of C.C.N. Don't panic. The market isn't dead. It...
Welcome everyone! Let´s get right to it: after a very massive support break at 6k, Bitcoin went in for a cliff dive that caused a lot of carnage. However, it finally seems that the long expected correction to the upside is ahead of us. 1.) We touched the 200 weekly MA: it is one of, if not THE most important MA´s in all of technical analysis. Also called "the...
What a great day. Today shows more than ever that the crypto media has been manipulative and has made predictions based upon nothing. When the market is up , they tear it down; conversely when it is down , they encourage people to buy based upon arbitrary speculation. Just days ago the words "death Spiral" were being used. While I do not know why , aside from...
I see a fall of about 30 pips and more, for the current move. We are seeing a perfect crossing (really tight), it's like a short circuit. I'll do more Forex & stock analysis in the future. If you are interested just let me know, and which ones. PS: Don't take my words for granted. Analyze, re-analyze, then trade at your own risks. PS2: If you like this...
We can see clear Falling wedge pattern and strong divergence on all indicators like MACD, RSI, Momentum etc.. Wait for a reversal pattern at support zones: 1. ±6000$ zone 2. ± 4500$ zone 3. ±3000$ zone You will see a start rally with volume increasing ONLY after a reversal pattern completion at these zones. The first Target of the rally is ±11500 Good luck!
This can be the Bottom of NEO Don't forget about the stop limit!
Now that there's certainty between the US and China in the trade wars, low taxes and low energy prices will launch markets to new all-time highs
Global Dow GDOW Same thing here. Testing resistance, in fact it's now sitting just a couple of points above the next line at 2930. It's going to push back up to 3000-3003 sooner or later, just over 2% on this chart. Look to buy SPX or any major market either on any retest of the rising dynamic if we get to see it- or on further strength above 2935 on this chart...
Today has been a kinder day amongst the overall bear market ; however short term gains are all too often short term gains. Why? Short selling ; an indication of a lack of belief in the longterm performance of your investment. Short selling also changes the way you are taxed in the U.S. in a decidedly negative fashion. The tax authorities have made their intentions...