My hypothesis has so far played out flawlessly. Have continued to make money shorting. Meanwhile, the thick orange line has proved strong resistance to bounce off. The new additions of White Shoulders indicates a Head and Shoulders playing out right on top of the 200 day Moving Average. Should we break the 200 day again it's a quick 10k move down.
Likely BTC/USD ABC correction in play. Notice the confluence of extensions and key levels. If compared to the 4 hour downtrend line (in white), a bounce to 56k would still make a daily downtrend valid. Meanwhile the recent bounce off of $47.1K could be a potential support but the more likely scenario is a bear flag and an ABC dead cat bounce. Zooming out to...
This is blowing my mind. I had a bulls eye on this chart and it just hit almost perfectly spot on...
As the chart shows, the most beautiful falling wedge pattern right into a key support. Numinus likely to rocket back to previous ATH offering traders a chance at 400% gains - SHORT TERM! Note: Numinus just applied to be listed on the Toronto Stock Exchange (TSX) pending some conditions. Add this Psychedelic leader to your portfolio. Similar stocks: CMPS, ATAI,...
- nice bounce off the 786 - Pop above the trendline and now retesting it. - Sexy volume candles around October 28th - RSI slight bounce likely to repeat previous history - MACD divergence
XRP FINALLY BUSTS OUT OF YEAR LONG CONSOLIDATION. Ready to blast off!!!
Watchin' that wedge on the dear old Solana! She be rippin' it lately, but where to enter? Path to the $217 Support/Resistance level - want to see a bounce there with volume!! Alternate reality option: See the box for sell targets if you think she's got more juice. Just watch the trendlines! Enjoy!!!
CGC being held down for a long time. The pattern is likely to repeat itself. Potentially nice opportunity.
Quietly meeting or exceeding all business targets and doing some fantastic work in the space. Here's an opportunity that doesn't come by every day.
SoFi has silently become the most innovative and legitimate financial services technology company and the bulls have been accumulating more and more stock as of late. This is one to watch for long term gains. It's still a good time to get in.
No matter how much analysis you do, there's always value in zooming out and being confident in your geometry. Should the channel remain and the lower trendline hold, we should be on our way to another big jump in the ETH valuation. HODL strong my friends, but don't be greedy! Always do your own due diligence and research.
About a year away from the end of current consolidation. How long until ETH breaks out vs BTC?
ETH recently came within $3 of its ATH at $4373 USD. Some say ETH will follow the same cycle BTC did back in 2017. Here's a simple way to look at it and the Fib Extensions up to $19,650. Always manage your risk and do your own research.
This wedge has finally been squeezed out and shorters have nowhere left to push. Time for TLRY to make the trek back to ATH - are you in? Don't chase! we could revisit the top of the wedge which would be a great buy point to set your limit order, then set a tight stop below the wedge. Good luck!
There are both technical and fundamental reasons this breakout is imminent and $100 is an easy target short to mid term. Notably $100 is a conservative target. The news in the social media “metaverse” is about to get even more interesting. Set your stop loss below $50 to be safe, below $60 if you’re playing this tight. Potential gain of 50% and potentially only...
BB following a similar pattern as before with a long term wedge. No more room left for shorters and short squeeze is imminent. Whatchu think? Funny what seems obvious when you just zoom out far enough!
This chart is hard to ignore - I am pretty sure what I'm seeing here is likely given the aggregate indicators. What do you think?
Fundamentals are strong on this stock. Most people don't understand their business. I invite you to look up Chamath's presentation when the SPAC merger was announced to know why this is a "winner takes most" play in the Financial Services sector. Good luck! Things to note on the short term: - RSI overheated - Great volume candles - Needs follow-through - there...