Short to $6400 then enter a long. The bounce off $6400 is gonna be YUUUGE to quote President Trump lol
My TA along with this very important chart tells me that a squeeze down is imminent. Don't follow the herd off the cliff... Get ready to ride this Whale fin down.
This is just another reason I'm adding to my short position. I think the exchanges are stacking the longs just to squeeze through this heavy resistance zone. Check out the attached chart for a better understanding of what I mean.
Looking at the historical data I can see a long squeeze headed our way to break through the weekly Ichimoku cloud support.
I'm looking for a pullback to the roughly 7550 give or take for a long up to the top macro trendline around 8600. I liquidated my position at the bottom of my green box, but I think we're going higher boys n girls buckle up... Check out my call for a reversal below.
I called this back in May and I have been attacked by bulls high off hopium lol The 21 MA says it all... I would be lying if I said It doesn't feel a little bit good to say I told ya so.
Roku is slowly becoming one of my favorite stocks to trade, There's more action than a Schwarzenegger movie. OK ok enough with the bad movie jokes, lol. I have used all my trusty indicators, price action techniques everything short of a crystal ball and arrived at this conclusion... I hope it helps you guys/gals (I'm not a sexist please don't go through all my...
It's been my opinion since the start if this "bullmarket" that the low isn't in yet. Just something to consider.
Looking to fill the gap at around $24.50 - $25.00 after the pullback.
Zoom out and think like a market maker, they make money when you lose money...
BTC is up 37,673,046.21 % give or take is it possible that this bubble could burst one day? I think this is something we should all keep in mind because if this bubble popped it would make the housing crisis of 2008 look like a good day in comparison...
Trend lines adapt did you move yours? If you listened to these morons on Youtube probably not...
Watch for a head and shoulders to form on the hourly which is also resistance on the 4 hour ichimoku. When the upward momentum dies down were headed back to 100 dollars at least IMO. Leave a comment let me know what you think!
From a technical standpoint, this seems like the most probable outcome.
We got a death cross on the daily were at the 0.5 fb level and the top of the channel this looks like a bull trap to me...
This is something I was playing around with. It appears the trend is starting to curve down as seen with this chart if this is the case we should see a drop down very soon.
If your a swing trader or just want to get in on the next big move then wait for the 0.5 or the 0.618 fib level to be broken. Don't get caught up in the noise, there are a lot other good opportunities in other crypto's and/or other markets all together. The neutral idea behind this trade should be how you look at every trade no matter if your a bull or bear. Good...