Here is a demonstration on a long squeeze for the SPY. Given we have overall bearish momentum, this move is an institutional trap for retail traders who believe they are trading a break of resistance. Always trade the trend.
Almost 1:1 fractal between the crash in 2008 and today.
The scales have almost tipped. Stay ready.
Just remember, be fearful when people are greedy and be greedy when people are fearful. It seems to me that many believe that the bull run is not over. Interest rates are increasing to counter inflation. Interest rate hikes slow down the economy. We...
Wyckoff re-accumulation schematic for Gold. Looking like it's come and touched a strong weekly demand zone which should propel price to the upside. Supported with fundamentals as the stock market is weakening.
Utilising the S&P500, we can determine a very bullish response the Fed Funds Rate increase of 25 basis points. Jeremy Powell ensured the US to have a very strong economy and labour market which has placed trust in the overall stock market.
Have we seen the top of the market or will we be seeing another high to be made? I believe if we see another high,...
Hope all is well. Well damn - what is going on with this world. Oil prices @ $6 in the US! Inflation at the highest since the 70's, the war between Russia and Ukraine, supply issues and sanctions, Evergrande on the brink of collapse.
We are expecting a drop in the market to soon test new lows. This is a very common Wyckoff pattern which can we can...
This is a comparison between the 2008 GFC and the current stock market crash we are experiencing.
~ The theory behind fractal patterns
Trading is studying mass psychological human behaviour to make predictions on the next moves in a market.
Fractal patterns work as they analyse a previous psychological pattern to predict the current one.
So... the Fed's decided to delay the interest rate hike until March - means we will have a bullish retest of supply until then. Followed by a crash.
Target is 61.8% zone which is tested with every crash.
Take your opportunities!
Love, peace, Seb.
Hope all is well. These are sure times of uncertainty. Market crash? Recession? Supply Chain Issues? Collapse of Evergrande? Hyper Inflation? Central Bank Digital Currency? These are all factors deciding the market currently. Be patient - Bitcoin's rally's happen in a four year cycle. This is when emotions need to be taken out of the picture. We may see...
Just calling the TOP of the SPY. It made four attempts to break through the ~470 range with no luck.
With high inflation, EVERGRANDE and Omicron being potential straws that break the camels (economy's) back, I seriously believe the market is completely overvalued which will result in the next recession.
Time to be patient. Hold your cash...
Hope you are all doing well. The market hey! Unbelievable. Stay sceptical - the FED meeting is this week which can mean trouble for asset prices. Even though Bitcoin inversely correlates with the SPX usually (< trust in government, > trust in DeFi), if we do see a market crash, we will inevitably see a crash in crypto. We do need a financial reset...
Hello friends! It's been a while. Many apologies for that. Life has been busy so I haven't been able to dedicate much time to T.A on TradingView.
I have recently pulled out of Crypto, just waiting to see if Bitcoin decides to break-through or crash. Patience is key here - keep cash handy. You want to be sure of your investments (easier said than done in these...
Hello! Hello! Hello! It has been a while my fellow traders. I do hope everyone is doing well in these tough times. Isolation is hard, lack of connection is hard, love is faint. Hang in there and be in the present. Your emotions will not get to you that way (which is easier said than done). If anyone needs a chat, feel free to message me anytime. We should all be...
Chart speaks for itself, didn't have too much time for a full breakdown.
Technical Analysis Prediction for Ripple (XRP/USD).
> INVERSE HEAD & SHOULDERS FORMATION
> PENNANT FORMATION
> REVERSE 'M' FORMATION
> BTC POSITIVE BULLISH PRESSURE
> USING STRONG DEMAND ZONE
Love, peace, Seb.
Hey everyone, hope all is well!
I have found something quite interesting! Has Bitcoin tipped the bearish scale and now become bullish?
Bitcoin Margin Trading Longs (BTCUSDLONGS) has completed two key technical bullish patterns:
1. RISING WEDGE FORMATION BREAKOUT
Bitcoin Longs has broken out of a perfect rising wedge formation (scroll into the chart). We are...
First of all, I hope you are all doing extremely well! Bearish times mean bullish opportunities to come. Trade on the other end of your emotions, and you will trade well.
I am not going to speak about Ethereum today. Instead, I want your opinion on the following:
(1) Do you think Ethereum is a superior cryptocurrency? Yes/No & Why.
(2) Do you think Ethereum will...
Hey everyone! Hope you are doing well.
So Bitcoin... how many of us bought at the fake out, comment below if you did. Don't worry, it was tempting, but as I always say to traders, we need to look for confirmation, whether that be bullish momentum or a solid retest with confirmation on the 4H.
Anyway, I'm sure you all set your stop loss so didn't lose too much!...