According to my technical analysis on the weekly chart using the TD-Sequential Indicators along with the 50 MA (Moving Average) and the 100MA in the purple, we've got a really great chance of a few weeks of some upside. Maybe new all-time highs!! At the time of this writing, the S&P500 (SPX) is on a green '3' of '9' candle on this weekly chart. Typically, a...
Previous analysis /position: Made a post with a long entry on July 13th. I did not like the bearish doji (daily) from yesterday that came right after we broke resistance and had bullish price fill on the TD'. Very happy to see current bullish marubozu with another green 2 above a green 1. Long from $2,808.35. Patterns: Going parabolic. Approaching all time high...
Yesterday’s analysis /position: 0.382 FIB and 9 on the TD sell setup vs bullish cloud. Expected a pullback or days of consolidation to get us back to the 12 day EMA before we could break $8,500. Identified death cross on 30 and 50 week MA’s. Remain bearish overall, but wasn’t confident that was the top of the bounce. Currently no position. Patterns: Broke out of...
We can see that we have green 2 above green 1 so this is possible good bullish entry. SEC delayed Bitcoin ETF decision, so this move could be good for altcoin market. everything is oversold LTC_BTC chart:
Yesterday’s analysis /position: Remained confident in my short position due to being overbought in a bear market. The follows indicators showed overbought conditions: 8 on the daily sell setup, resistance cluster from: trendline, 128 day MA, 20 week MA, the top of the daily Bollinger Band and the MA from the weekly BB. The RSI and the Stoch are overbought. Stop...
Hello everyone. I'm considering a short just under 7700, maybe start laddering in around 7650ish. Too much confluence if resistance in my opinion. Approaching the top of the daily cloud, approaching daily 200 EMA, At pivot R1, ascending resistance ray, volume declining, momentum oscillators losing steam, TD sequential at 7. Also, RSI hasn't made it into oversold...
This is a quick analysis of current conditions. The 4 hour Doji we are looking at closes in about 30 minutes of this writing. Tom Demark Sequential (T.D. Sequential) Count: 9 Notes: Imperfect close on the 8. Bollinger Bands Position: Capped Squeeze: None Guppy Multiple Moving Average (GMMA) Trend Strength: Bullish, price position in...
Position: Long - WTI:USD Leverage - 10:1 Stop Loss - $62.18 Profit targets - $80 & $90 1st Entry - $67.50 support 2nd Entry - Green 2 above a green 1 on the daily Previous analysis /position: Div' in OBV, and monthly BB/TD’ Sequential are concerning. VRVP shows very little resistance between here and $90 and there is a strong confluence of support at the...
Yesterday’s analysis /position: Was strongly expected a quick drop to $6,800 to follow a breakdown of $7,275. Patterns: Retesting triangle Horizontal support and resistance: S: $7,275 R: $7,500 BTCUSDSHORTS: Found support at 20,000 but yet to increase significantly. Lowest they have been since May. Funding Rates: longs pay 0.01% to shorts 12 & 26 EMA’s...
Previous analysis /position: Wasn’t feeling good about long position and moved stop loss to breakeven. Patterns: Battling pitchforks. h&s + bear flag on 1 hour Horizontal support and resistance: R: $465.32 S: $452.21 ETHUSDSHORTS: Nearing the all time lows, making a short feel very attractive 12 & 26 EMA’s (calculate % difference): 12: -1.29% 26: -2.97% and...
Yesterday’s analysis /position: Added to my short. Longs wicks on top of the last three candles have me feeling very confident about my position. Also selling spot this morning and afternoon. Patterns: Retesting bottom of triangle Horizontal support and resistance: weak R: $7,340 strong R: $7,500 weak S: $7,300 (do not expect it to hold for much longer). Strong...
CDW came across our td Monthly Equity screener this weekend. CDW currently near ATHs and trading on a 9,13 for the Monthly timeframe. Took short based on prior Daily 9 (see below) failing to close @ new Highs and confirmation divergence on RSI.
Yesterday’s analysis : Longed breakout at $6,851 and closed this morning Patterns: triangle Horizontal support and resistance: R: $7,775 Weak S: $7,350 Strong S: $6,800 BTCUSDSHORTS: Peaked through bull trend that started on 3/12/18. Quickly pulled back up. Funding Rates: longs will pay 0.0193% 12 & 26 EMA’s (calculate % difference): 12: +11.95% 26: +13.48%...
Yesterday’s analysis : Rally should take us to the bottom of the triangle and the 128 day MA - around $7,600. Then pullback to $6,200. From there I expect us to find a base and rally back to $10,000. If you missed it I would highly recommend checking out the Bitcoin Bubble Comparison that was posted yesterday. Patterns: higher low/diamond bottom. Inverse h&s...
Yesterday’s analysis: Support Cluster from Ichimoku Cloud, Bollinger Band, and trendline. Visible range > monthly 9. Just noticed that a monthly 9 preceded the last bubble. Patterns: Pitchfork Horizontal support and resistance: S: $67.10 R: $69.28 12 & 26 EMA’s (calculate % difference): 12: -4.41% 26: -3.21% MA crossovers: Bearish cross on 1h preceded sell off....
Now that I am not spending nearly as much time on the BTC:USD 4 hour chart DAILY UPDATE it looks like I will have more time to post analysis of the traditional markets and alt coins. All of the higher time frames are showing confluence on the S&P 500 and that should provide us with a high probability entry. Yesterday’s analysis: Pulled buy order, primarily due...
ETH:USD appears to be one leg behind BTC and in the process of forming it's own triangle. BTC short sellers were at an all time high on April 11 and a massive short squeeze followed (which I predicted on April 7th ) Ethereum short sellers have increased drastically over the last couple days and they are currently pulling back from all time high levels. Meanwhile...
Yesterday’s analysis : Viewing ETH as one leg behind BTC and expecting a bounce retest the top. Watching ETH short sellers pull back from ATH levels. Seeing support from hyperwave and higher low. Patterns: Triangle, downtrend, higher low Horizontal support and resistance: R - $455 S - $445 and $434 ETHUSDSHORTS: Broke out of continuation triangle. Now back inside...