ChartProphet

ChartProphet

I got into this yesterday at $4.40 speculatively but we are holding and moving up so I thought I would share this trade. It looks like a good oversold condition on many time frames, sitting at support as well. Macd curling up potentially! I'd like to target that 200ma personally, then let some ride. Not financial advice, DYOR.

ChartProphet

Lumber proves to be an interesting one! Are we witnessing the first effects of a bullwhip? Will we reverse out of the triangle or trickle into the accumulation zone? Not financial advice, DYOR.

ChartProphet Updated 

I think we are oversold enough to have a bounce but I would like to see BTC hold 16.8k for this to rip. Momentum has just gone positive on the 4hr so lets watch for breakout. Not financial advice, DYOR.

ChartProphet

I noted the daily gap but to my surprise we have all these intraday gaps below (from halted trading I assume). Watch for direction and maybe trade based on volume. What a wild ride. I'm questioning the tiny long that I took here. I will put orders at $.2 for later in case they fill. Not financial advice, DYOR.

ChartProphet

I think a retest of $24 is very possible. We have a nice inverse head and shoulders here that could take us to $24. But, will we have enough buyers to break up through it? I am not sure yet... Not financial advice, dyor.

ChartProphet

We have a pretty clear downward channel for the moment and to be honest this doesn't look too impressive. I am staying semi-neutral as we have a strong volume node above us, but we could roll to the downside pretty fast. Not financial advice, DYOR

ChartProphet

I think we would get a small bounce here as things are pretty oversold, yet momentum starting to shift upward. Hoping some volume will come in and confirm my thesis. Not financial advice, DYOR.

ChartProphet Updated 

I think we have a small inverse head and shoulders pattern that could bring us back up. NFA, DYOR

ChartProphet

Will we see a 90% drop here? There's reason to think this company has some issues. We have a descending triangle and strong volume node down below. Not financial advice, DYOR. www.reuters.com

ChartProphet

Here is a possible scenario considering the oversold conditions on many time frames I have mapped out some critical junctures that I use to trade; weekly vwap, 200ema, VPVR high volume nodes.

ChartProphet

If we can start to break up in the channel within local resistance, we can break the channel and effectively flip the 200ema. Not financial advice, DYOR.

ChartProphet

Nobody wants to think this gap will fill, but lets watch for it. This is not a blue chip yet, and it's volatile at this price. I can see a return to $0.26-.28 , not financial advice, DYOR.

ChartProphet

I am taking another SHIB scalp as the last few have been working, albeit I am sometimes a bit early. I think we are slightly over sold, not as much as I would like on the 4hr but price is holding. Not financial advice. DYOR

ChartProphet

Shiba Inu is rolling over a little I have a lower target below, if you have leverage it might be worth your time. NFA, DYOR

ChartProphet

BTC looks like we got a bit overbought, I can see 2 potential scalps below falling in line with last point of supply and the other at a high volume node + 200EMA. Not financial advice, DYOR

ChartProphet Updated 

We have some slightly oversold conditions and price hit my downside target. This could be a spinning top to play off of. @Elonmusk . Not financial advice. DYOR

ChartProphet

We have a nice little gap below that I would expect to fill as we are struggling to continue upward. I have no long term forecast here, just a scalp. NFA, DYOR

ChartProphet

The chart does not look great technically, with momentum to the downside, we also have over-supply on the market, perhaps due to the bull whip effect. Deflation can be real, just not all industries all at once perhaps. NFA, DYOR