Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Thesis: Down 35 percent from the highs. Coming off the bottom from a prior bounce. Two prior range lowz bounced from this area. Seen some decent buying on chain around this level on swaps. Good R/R for a long for me. TP 1 high 16s (16.7-16.9) Break and close 17 think it runs the highs but take it lvl by lv. 1h close below 13 invalidates.
So long as BTC doesn't ruin the party. This looks like a decent set up for a shot at the highs from R/R stand point. Also seems laggy of of its tru pairs BAL/AAVE (which havent really given up as much ground) etc. Thesis is that the local low was just put in, in and around the trend line support. 500 1st real stick area needs to close above for mark up to...
Someone doing a great job of holding the prior ATH breakout @ 20. Continued close above that levl could push up. Loose 20 on a close and you could catch a short down to 18ish. You could take a long here with a stop below 19.3 but that seems more likely a coin flip that 20 gonna hold. Clearing 21.85 might give u a smooth long looking for a ATH retest and or...
Large inefficiency btw 3.5 and 5. Push into that gap should mark up fairly quickly. Closing above 3.0 supports marking up to higher prices. 30 days of consolidation between 2 and 2.6 also checks another box for higher prices as its moving higher off a nice base. Don't want to see any acceptance back into the 2.6 range.
Been a long time since I thought id have to be concerned about LTC, but its been performing ok in USD. Fib levels in purple which track the recent range. Lines up with a potential liquidity pocket below the impulse candle. Golden pocket is the dip bid with a target of 140. 140 is an old weekly order block from June of last year. In the event of no deep dips if we...
TBH charts only going to go so far up here. Keep it simple. Red box obi res for now. Green areas below potential sticky points for wicks/bounces with the 20k area being the most obvi breakout retest level. Clear 23.9. I would see a squeeze up to the 26.6/27k Lvl. 27 being a 2.6 EXT. Buying dips indiscriminately has been rewarded this entire way. Keep doing it...
I think you can get away with this. So bid 191 tagged. At least a move back to old trend. Decent 2plus R. If breaks its low from the dump have to cut. Moves like a low float when it wants to b/c share count. Betting on enterprise side of the business surprising upside on the quarter especially with continued rollback of opening and fresh new lockdowns /stay at...
No follow thru to upside also no trap door selling on the downside range. Basically in this 10 percent zone for 100 plus days. Been waiting for a sweep of the low zone. Hasn't happened yet. Want to get involved in around the green box on sweep of lows. Green box also is a 1-1 extsntion of the range above so for me that's a good sticky area.
Helpful indicator if ur trying to determine where to leg into equities. Gave u the local bottom within a days range over the last couple years. Not all individual things bottom at the same time but index gets you fairly close if ur swinging assets that are a part of it. Also not used as a buy signal rather confluence for a position.
This is a project i really like. Lots of room to grow. A lot of implementation possible for products in the coming years IMO. Two ways to play this in medium/short term for me. Always have a back up plan nothing ever goes 1 way all the time. Daily closes above 5.35 and upside potential to the 7s. Second option, on a pull back is to bid on the PIVOT in the 4.20...
On this massive run up we have had several pit stops of chop along way. These have essentially been bases for the next impulse. Those 4-5 days of chop in each instance lulls people to sleep likely giving up there positions before the next move. Is it going to happen again? This last time does not look identical i get it. The magnitude of the move is larger in the...
The last time CRM put a bid in for another company immediately sold off 10-15 percent over the following couple weeks. What happened after that. New ATHs. So wouldn't be surprised if same thing happens. Might take some bids if we can push down to the low 200s. If that's ur entry you have pretty clear invalidation with a weekly close below 200.