Sawyer170

Sawyer170

Soxl has never crossed below 30 rsi according...to the RSI 1 Day Chart. To me this looks like a signal. To be very cautious about puts right now and keep an open mind to a big reversal due to being officially oversold. ALSO the SPY has crossed Below 30 on the RSI which is more oversold than it was at the June lows bottom before turning around. So keep an eye on...

Sawyer170

1 Day Chart is signaling an Oversold SQ (Block) right now. It very well may cross below 30 first, if it does I will wait until confirmation of crossing up 30 to then get in at that time. Although if it decides to have a nice bounce off of 30 with overal positive market sentiment at the same time, since almost all other RSI levels are at this Oversold area as well,...

Sawyer170

The RSI level! As we can see it has become lower then the last time it became oversold leading to a rally up. Typically we wait until these signals either bounce off or even better cross down below 30 and then back up before buying in. And the opposite being cross up 70 to signal being overbought and when to sell. Although other factors, sometimes more...

Sawyer170

Noticing the RSI on the 1 day chart we can see that ETH is approaching the same oversold level it was at before the start of the last rally. It could take some more time to hit 30 first or cross below before a trend reversal, although I personally am not going to risk it and risk missing out on the gains, because as we know when the reverse go the upside comes it...

Sawyer170

Looks like it's down to the 30 RSI the oversold level. Each time it has met this it has rebounded back up. It rarely ever had crossed below the 30 maybe 1 or 2 times in the past 5 years on the daily chart. I'm wondering if it's a good time to get some very very cheap discounted call options while their still oversold. Their could Definitely be more down side but...

Sawyer170

On 8/25 we bounced off resistance at 1,718 and now the level of support is close at 1,423. Bitcoin is just above its support level to right now. Watching and hopefully they don't break below or we could be looking back at 1,000 eth again, I guess you could look at it like a last opportunity to load up before the merge happens, that is an extreme positive catalyst,...

Sawyer170

Watching to see what happens next. I just got stopped out of my swing trading portfolio of bitcoin, but always still holding in my long term portfolio because I belive in the long term success of crypto and that being in the market is better than timing the market. Very curious on how Eth will turn out with the merge coming up I'm surprised it is still following...

Sawyer170

ADX is extremely high. This shows strength in the current trend either up or downtrending. From this point on according to the ADX their is a big chance of a really big change in direction. Either up or down. If down we could fall substantially or if up we could rise substantially as well. Usually after this type of pattern movement in the ADX is followed by a...

Sawyer170

We know the vix moveing is opposite of our Stocks. So when the vix falls our stocks rise and when the vix rises our stocks fall. Using RSI, when it cross above the 70 is telling us overbought and when it crosses below the 30 it is signaling oversold. These are reliable indicators when it is safe to buy or sell. Bouncing off those levels also happens if not...

Sawyer170

Signaling a pullback. Buy when RSI crosses below 30 or bounces off it to signal oversold. These are highly reliable indicators.

Sawyer170

Look at the HUGE death cross coming to a close to possibly break out into the next golden cross that could be a major run up. This has taken YEARS to form!

Sawyer170

If you believe in the future of the market, if your in the market and staying in, then wouldn't it be very smart to get the tqqq at these prices right now considering how close we are around a bottom. Just from how low it is off from where it was, which is where the market was according to the QQQ ETF is an incredibly good deal and discount. If you believe in the...

Sawyer170

The day charts on growth stocks back during the last crash of March 2020 looked like a very similar pattern just before forming the golden cross that lead to their recovering and marking their bottom, coming off the death cross that began their crash from all time highs. Oktas earnings have stayed consistently outperforming according to the tip ranks data shown on...

Sawyer170

This is retesting lows of March 2020. The bear market wiped out the last Bull market rallys gains on almost all stocks. Check the earnings reports on the growth stocks beaten down, it I'd ridiculous because they are legit and in a normal market environment would never have lead to a major sell off or any sell off for that matter. It's as if the any little excuse...