This chart being posted to support the BTCUSD chart. Seems both Bearish Crab fractals could be completed and signaling bearish moves. See BTCUSD chart for more details. The chart is linked to this one. *CHEERS*
Some preliminary LTCUSD action. The take profit notes are listed. Doesnt mean we go that high, but the potential harmonic is listed. Been awhile- since I have posted a chart.. stocks were in Overdrive in November! lol... I do have tons more charts in precious metals and stocks- but just been very busy on some additional TA tools. Enjoy this one.. will update as...
This is a tricky one.. price action has been falling and just weak.. however the last week showed sme signs of possible reversal. POSSIBLE Right now we see the completion of a bearish shark pattern which poses several ideas- especially right now. A= could be a bullish bounce up to gartley completion point 5.88 (if here re-explore next move) B= could also be a...
Was watching the price action over the Holiday weekend. Bitcoin always loves the dramatics over any HOLIDAY/extended weekend. In this case we see several bearish cypher patterns form at the end of the crab and major butterfly pattern... signaling downward motion. The action has been bouncing between the larger cypher and the lower cypher pattern resistance and...
Bitcoin patterns have been in play for some time-since early August we have had a MASSIVE -BEAUTIFUL Bullish crab pattern forming.. and the good news is we have found support several times on it. The longer this pattern holds support the more violent the price direction to the upside. So did BTC break down- not really.. it appears to be building momentum for a...
Re-exploring.. Harmonics - Bearish Butterfy micro, Bearish Shark micro, Bullish Cypher Mico and Bearish Butterfly Macro It appears to be in overbought territory (for now) IMO..due for a pullback. The magnitude of the pull back is the wild card. The beginnings of pullback/reversal are nearing around 74-76. The embedded harmonics are in overdrive. Could have...
Big Pattern was overlooked in initial analysis where reversal was called too early. New Target... Makes sense now why we have such bullish activity here. Shark Pattern!! I am seeing 142 as the target.. When this comes- it may be good idea to prepare in advance for the dump. IT may be violent
Bitcoin has broke 12,000!!! Nice.. Providing some possible moves we could see to run the price before the weak hands get shook out... the rally appears to be setting up for 12.7k target on the high side... then reset back down to kick up a bullish pattern ... Yes still LONG! :) When will BTC stop going up??? CHEERS!!! **WOLFPACK**
Nice crab formation developing.. should see some modest easy gains over time. Nothing special to write about. Easy easy... Just be sure to watch this one as it completes it could tank or hold for additional bullish momentum.. but in the interim.. and easy trade.
These types of stocks really just irritate me lol... clearly we are going to the upside, but the market is just so stalled and dragging out harmonic after harmonic... lower prices.. but eventually the spark will ignite. Here are the harmonics for today- and explain the lower prices.. supports and possible bounces at 18.68-18.39- and 17.60. Keep in mind the...
I had a previous chart, but just seemed t busy especially when certain levels were not hoding. This one appears to show a rally by the DOW, but it may be coming to a grinding halt soon.
Fresh new chart for INO on Monday. I removed some of the clutter. Recall we are in the consolidation zone from the last chart (see link below). Most of the calls have been spot on. There have been some minor changes from last chart as we are in a very BUSY harmonic stage right now.. and whenever that occurs there is usually potential for gains. These patterns...
This chart same as previous minus the possibilities. We are at a major area of confluence and so we can go up or down. Lack of price action today is leaving things up in the air. Being we have already rejected its very possible we could go lower. But we can also bounce and go higher. Very indecisive point right now...I figured we would get more down side action to...
Pretty much straight forward. Nintendo has seen 400% gains since its lows... there may be a bit more meat on this bone if the pullback and bullish bounce occurs. Short term- bearish.. Long term- bullish. Looks like a bullish cypher is setting up and I am anticipating the bounce will lead us to complete the other monster bearish patterns to the upside for...
Apolgies for my OSTK chart.. I went back to look at it and had my harmonic tail at wrong spot.. WOW Way off. but we can see here - with Fibs that the potential has been reached. It shocked me as well to see the stock go up beyond, but just dawned on me today the Harmonic was drawn wrong. Update is here.
A lot has taken place- a good trade and calls yesterday. We cooled off a bit (expected).. but today we are coming back down to reset for another move of what could be some more decent gains before a test point on the bearish shark pattern. The bearish shark is the dominant harmonic- while the weak crab and failed gartley (not shown here) give us the re-entry...
UPDATE... so we have seen several harmonics play out. Yesterday I posted a early level chart, but it paid off in its moves greatly. Today I was expecting a bearish engulfing candle- and we got that... today has been more about patience. The bearish shark (mentioned yesterday and in red) leads us to a forming shark (yellow). Today we will want to watch this...