So far the calls have worked out 9 out 10. not bad.. This one is looking like a rising wedge and a break down to retest either 6.3 or 6K. Somewhere in between there. What are you thoughts? I'm shorting for the short term then a bounce off the 100MA. This will allow a small cool off period to take back off. Still bullish after the short Please let me know what...
Maybe this breaks North before a retracement. Thoughts? Please leave your comments and let me know what you think. And don't forget to hit the like button and follow along -NCCM
Might be seeing a h&S playing out here, which would fulfill the larger picture pattern I could see of the C&H on the 1hr chart.. Short term Bearish, Mid term Bullish. What are your thoughtS? Please chime in and have a conversation with me and don't forget to hit the like button/follow button. Thanks! -NCCM
I was just looking at the 1 Hour chart pattern and this formation stuck out at me. What do you guys think? Are we forming a Cup & Handle Pattern here? Does this mean we are getting ready to break out here? What do you guys think? Please leave your thoughts below and don't forget to comment, like and follow my channel. Appreciate your feed back! - NCCM
I know everyone is looking at the minute by minute right now with all the uncertainty in the markets. Despite the past narrative, we seem to be correlated with the current movement of the DJI and S&P. I decided to pull back and look at the daily to see whats going on. Since that big red candle on March 12, we have formed a perfect bear pennant and we are...
This could be completely wrong however I write this with a smile on my face. If we are on in the correct wave cycle, then I believe the top of 100K is possible if all things play out like they have in the past. It is hard for me to forecast going past 100K ; this is already 5x of the ATH which is very possible. There are obviously a lot of factors in play ...
With an article like this: Why Russia and Vladimir Putin are waging an oil war with America by CNN written today March 10, 2020 I wanted to see what was really going on in Oil. No real words for you, just wanted you to see the trend developing, or that has been developing over the last 20 years. Is it really the Russians? or is it that a trend has been forming...
After looking at the charts once they have cooled down, we can see that the completion of an inverse H & S pattern seems to have landed perfectly in place with the right shoulder... After 26 billion dollars left the crypto market over night and now sits at 224 bill, this looks like the perfect time to "buy the dip" . The Fear and Greed Index is at 19 and...
Here is the Fib line up since the Dec 16 march to the top of the trend at 10.5... look at how perfectly this chart lines up.. So we have to start that retrace based on this TA. Either we head to 7389 or we go back and back test 84.. Those are my next targets to look at.. We could still have some wicks below the .382 just like it was for the right side of...
This is all based on the bottom of this correction being 8600. I am publishing this chart to have my prediction on the record. I believe the next 5 wave impulse of this wave will take us up and through the fib sequence that I have presented. We will reach this target about 2 weeks before the halving (May 12, 2020). I do believe the correction after the halving...
So now that BTC broke south of the rising wedge, what will the next stop be? I have put in auto fills for longs at 8750, 86, & 85 with precautionary longs at 82 and 77 for wick sakes. These will be my "Pre-halving longs" I'll be staying in these until 11.5, 12.5, 13.5 as I take profit out slowly. Let me know your thoughts... p.s. check my last post to see the...
what goes down must come up.. Rising wedge should be break down soon.. Meant to post this at 9170 after the multiple rejections of 9200 today. I'm currently in a short trade now..
Consolidate 2016 - Bull Market 2017 - Bear Market 2018 - Consolidate 2019 - Bull market 2020 KRAKEN:ETHUSD