Well, referring at my last idea in which we are into an E leg before the last wave 5 in the bull run (related in the follow), I think that it might be wrong.
In fact, analyzing the entire cycle of gold, I think that it is done and there arent anymore waves 5 to complete, cause the 5th has been completed at 2076 $.
So, in this idea I would suggest the...
Bitcoin seems to be forming a major Head and Sholders Pattern. Top of right shoulder seems to be completing at almost the exact height of the left shoulder at the $42,000 range. A break below the bottom of the right shoulder may bring in more selling pressure. As well we have a "Death Cross" (50 period moving average crossing below the 200 period moving average)...
Seriously.
A friend and I were discussing how this stock is stupidly overpriced.
Their debt to equity ratio is over 5, meaning they are LOADED with debt, and the fed just acknowledged that interest rates will rise if they need to.
Ummm...why would I drive to a casino when I can just buy calls/puts on robinhood or trade crypto on coinbase?...
I save money on gas,...
The bears have returned to the silver market and are finally working on realizing our primary scenario. We expect the silver price to drop under $24.04 and stabilize there before further moves down south are going to follow. In detail, we expect the price to fall between $18.62-$13.70.
Happy weekend!
Gold sitting at the top of the Descending Channel
presents a great short opportunity .
I have marked all the levels going down to the
bottom of the channel which were determined using
Fib Pull from last swing high .
Above us I have marked areas of resistance and it remains to be
seen if we see a change in market structure but until then i favour
a short...
We've lost the high currently following the same cycle as BTC. We closed out of the wedge on the daily yesterday and had the re-test of that wedge today. Expecting a bleed down to .25 to test start of trend, which is also confluent with the trend line of this entire cycle (lower yellow line), before continuation and possibility of creating a new high. We may...
I usually don’t try to guess direction. But I set up triggers for both ups move and down move. Here I present a trigger for a downward move on oil. You can see that I made good money on the first move down shown by the top two down arrows as shown in the embedded chart copy and the link to my crude oil idea. You see from my previous idea that I predicted this...
Analysis:
- Fibonacci Retracement
- Support & Resistance
- Order Block Flow Analysis
- Market Structure
Target: $2.01
Opinion:
If you go to Theta's website they have a timer counting down to their Mainnet 3.0 Launch in 20 Days!
I believe they will make another drop before this news is announced to wash out the paper hands
Once they are done correcting I...
Analysis:
- Fibonacci Retracement
- Support & Resistance
- Trendline Analysis
- Order Block Flow
Target 1: $0.017
Target 2: $0.014
Target 3: $0.008
Opinion:
SiaCoin has entered a corrective cycle
I have laid out potential targets
I believe when SiaCoin crosses the Green Line that will end the correction
I will do a follow up bullish markup when this idea...
Hey everybody! i liked wish before it became a mainstream on the wallstreetbets forums and now i have some warning points i would like to share with you:
1. The company is doing insanely big volumes vs it's market cap
&
2. All retail investors have an eye on it ( bad sign for me)
3. Possible distribution on the 5 and...
I am not sure which way oil will be going. What I do see is a good profit goal if oil sells off or pullback a bit.
Oil is nearing upper black trendline. This is also the top of an parallel channel. This also means we are close to overbought.
You can see my entry for a short by looking at red arrows. You can see a nice profit goal here and if it break under the...
NIO lost the 46.26 as we expected it would yesterday, as I said in our analysis, with the confirmation of the divergence on the RSI. It also lost the 20ma and it dropped a lot today, more than 3%. This was not surprising at all for us, and I think we will have a trade here soon.
By losing the 45, NIO will do a pullback to the 43.50 at least, as the 4h chart...
Nobody with capital wants bitcoin anymore.
retail jumping in front of a high speed train, thinking theyre grabbing dips.
looks like the sub $20,000 calls you saw a few weeks ago had it correct.
Risk Tolerance is off the table, now that inflation and tapering are part of the MSM narrative
Early days on this idea, obviously.
It could blast up to higher highs and invalidate for sure (this market is anything but predictable).
For the record, I'm neither a bull or bear, just an agnostic who likes to make money. Feel like this chart could be useful for bulls to consider for stops and bears to consider for shorts.
I'll be tracking this.
