ExploringSolitude

ExploringSolitude

Lower highs, lower lows, now sitting on possible double top.

ExploringSolitude Updated 

The performance of the Spy (S&P 500) has been declining since January 2022. The angle of decline ranges from -60 to -57 degrees, on average taking 61 days to reach the bottom. Based on this trend, I anticipate that by February 10th, the Spy will be valued at around $350, though it's important to note that this is just a prediction and not a guarantee. If the Spy...

ExploringSolitude

Since Feb 2021, SPY needs on average 26 days to complete its bull/bear cycle. As SPY price goes higher, the gains slow down slightly, which is accounted for with the trend angles dropping 4 degrees per month from its Higher Low to Higher High. If you did not take a call position yet, you may want to pick up some Spy Calls tomorrow.

ExploringSolitude

Notice how just about every mid-June, Netflix takes a dip. Could this be a good option play?

ExploringSolitude

ELYS Target price $14

ExploringSolitude

Short term price target

ExploringSolitude

BTC to $14.6k By New Years'?

ExploringSolitude

This is just for my own personal notes

ExploringSolitude

This is just for my own personal notes, nothing much to see here

ExploringSolitude

NASDAQ:TQQQ On 9/8/2020, it broke support but recovered the next trading day. While doing so, the 3 gaps down bullish reversal got a confirmation when the prices crossed above the level of $124.00.

ExploringSolitude

This is just for my own personal reference

ExploringSolitude

This is just for my own personal notes

ExploringSolitude

I'm not exactly bearish but I feel it moved up too high too quickly and it's touching heavy resistance. It needs to consolidate before making another attempt to break resistance.

ExploringSolitude Updated 

BTC Upper wick formed on the daily. The past 2 months, once a long upper wick is presented, it showed us the top has been reached and a reversal is pending. I would expect a huge sell-off from there. Notice after both upper wicks, there was a 30% drop. It's very likely we may see the same results once again.

ExploringSolitude

I'm not sure if we'll see an 84% drop like last year, but it's so obvious that we need down correction. If you take a look at the chart, it's formed the same pattern. I believe a major fall is pending.

ExploringSolitude

Once BTC drops below the red line, we'll see heavy sells from that point on.