Zil/USDT Create Ascending Triangle on Binance 4h Chart pattern above the Trama Ascending Triangle The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Regardless...
the fed isnt interested in saving the market. it only cares that it delays the maximum selling until late in the year. they want choppy action because this allows them to scare retail out and institutions can scale horizontally. were likely to hit signal, sss ma, trama and rebound. uvxy is a sell if we get to top of envelope or we break pivot and continue lower....
its fantastic that major indices are still managing to find areas of support on the way down. this to me is indicating when we do finally recover it will happen in a reliable manner. its also telling me that these areas are not max pain. to find a bottom permenantly id like to see bullishly diverged oversold levels in high volume. right now signal is still red,...
there may be confirmation of a bottom if we continue this pullback to higher levels daily bitcoin. by every measure theres been a slow daily grind up after the last distributive weekly move. if we retrace to a reasonable lwvel i imagine reviaiting trama isnt a problem. thats about 10% up. envelope is fonally tilting up although sss ma is still acting as...
whether we blow through this vwap and smash though the sss supple zone, or pull back to retest sssma and trama, it looks like the upper nadaraya watson envelope gets touched again. im waiting on another sell signal from that strategy. it seems like theres this scenario where the vix gaps up and takes off, but more measured and muted drawdown has been the norm for...
vix and vix products are selling off outside upper envelope. if we remain in a daily uptrend there could be room to jump back in but my guess is the market is bouncing for now.
either we hit this weekly sss demand zone and bounce, or we blow through it and make new lows. we are at bottom of envelope, and it appears to be turning. if sss signal stays red and we break 362.17 i thikk were in for 350.77 if not much lower around 320. if we bounce off that 363 level, and we get over the 377 range ithink were in for 396 maybe 405. horizontals...
if we ride the top of this envelope higher we could visit 201, if we reject from those levels and drop further btcusd is still in a bear trend.
i wont be surprised if the greenback looses steam around the top of this envelope and revisits trama, bounces to form a lower high, and rolls over to form a h&s. the key is getting a sell signal near the top there.
were at the lower end of this nadaraya watson envelope, and it looks like nasdaq is at least going to pull back to SSS moving average or TRAMA. if we get a buy signal near the lows i think price could follow this path.
xbt is trending in bull reversal, and we have an hourly pullback from the current day high that is showing price will revisit one of these levels. the most bullish case is we stay long sss and qqe 15 minute and bounce off signal or moving average and that is marked out in dark green. the slightly less bullish case is if we go for a touch of rising trama. if we...
like the title says weve just touched trama on the hourly and its still sinking. if sss and qqe remain long i would long if we stay over this pivot or support lower horizontal, and i want to short a bear breech of this pivot or a rejection from upper horizontal.
if we get support over this pivot and the 0.5 retracement level id imagine we would have a bull pull up to a sell the rip level. if we get resistance to this pivot i see that well have a continued selloff to lower horizontals. if we have resistance to upper horizontals i think were at a sell the rip level. if we support along lower horizontals i see that were at a...
i onlywant to long bull breech of this pivot, short the upper horizontal, long the lower horizontal, or short a bear touch of this pivot. if sss and qqe go long, im long. if qqe and sss go short, im short. if trama gets touched,and heads down with price that adds to a bear case. if trama acts as support and rises that adds to the bull case. this applies to the...
we can look at signals all day and say theyre bullish, but the reality is that they are only bullish until they're not. this means thatwhen facts change you have to change the trade to meet the trend. i would trade a break of this pivot as bullish, and staying below it as bearish. we could follow the green or red path. sell if qqe or sss go red.
btcusd has been making its way to the low end of this SSS supply zone. if we stay beneaththis pivot id imaginewere headed for a breakof the lower levels or the bottom of this range, and if we head upwards were likely headed for a test of sss signal or the top of this range. qqe is long so im buying until this zone dries up, and imselling a rally on this timeframe....
facebook is one of those companies that is pretty well here to stay. i could see this over $600 one day. once we get over TRAMA and sss, qqe go green i would have no problem averaging into this for a passive investment in tech. facebook will always think of new ways to squeeze more money out of their user data.
es1! puts have been lining up for a pump in vx1! and this is captured in uvxy hourly as a bullish engulfing in reversal in red territory sss candles. as long as we hold hourly lows vix and we cross above pivot turning sss signal green and printing a qqe long upper horizontals are in play.