Teklologist

Teklologist Updated 

Analysis is based primarily on Fibonacci levels, Wyckoff method, and market cycle psychology. I did a cursory check using Elliott Wave and, IMHO, I saw enough to corroboration with everything else to increase the warm and fuzzy feeling I get when thinking about how much $$ I’ve sunk into Hood below $10 price. However, I didn’t spend enough time on the EW to...

Teklologist Updated 

I’ve been feeling the hurt from having bought BYND after publishing my previous BYND idea. See linked chart. However, since then I’ve increased my position 3-fold and decreased my dollar-cost-average by $60+/share. To the Bulls who, like me, have been feeling the wrath of the Bears: I think it’s our time to shine. Now is the time to go big or go broke,...

Teklologist

FINALLY! It’s time for the Bull Run to begin! Based on Wyckoff and pattern analysis. I’m sure EW analysis would also corroborate chart.

Teklologist Updated 

An Elliott Wave wave 1 of a higher-degree Wave 3 has completed, and XRP has begun an Elliott Wave wave 3. PT1: $3.4 PT2: $3.9 PT3: $4.3

Teklologist Updated 

No solid judgement made here, but I would lean towards bearish if I owned AMD. AMD looks overbought based on 4HR, Weekly, and Monthly timeframe Stochastic indicators. Even on Daily timeframe stochastic is overbought (depicted), albeit only slightly. I usually wait for Stochastic to breach 90 to be overbought. Meaning, could be a slight pump Monday. However,...

Teklologist Updated 

Very bearish outlook on Uber based on Wyckoff, Stochastic, and MACD. If valid, expect Uber to revisit prices under $30.

Teklologist Updated 

Chart analysis primarily based on Elliott Wave Market Cycle Psychology and Wyckoff methodologies.

Teklologist Updated 

Looks like a symmetric triangle is completing. Will price breakout up or down? The recent bounce down off of the orange point of control line is bearish. The bounce up off of the moving average is bullish. Value looks neutral. Accumulation/Distribution looks slightly bullish. Rate of Change looks slightly bullish-to-neutral. What do you think? $.30 up or down?

Teklologist Updated 

Very bearish signals: bearish divergence on Momentum, Stochastic, and MACD; MACD below signal line; and possible resistance at 10 DMA.

Teklologist Updated 

Looks like it has finished a 5 wave count and is overbought. If valid, can dip down to possibly .26 but probably at least .288 before continuing up again.

Teklologist Updated 

In the near term, expect a correction that might dip as low as the bottom price target followed a consolidation centering on the higher target of $36. After Uber has finished its correction, expect it to target $60+. Basis for analysis Uber has finished or is finishing an Elliott Wave cycle Wave 1 following a leading diagonal structure. As depicted, the wave...

Teklologist Updated 

Other than being extremely overbought, BTC is also a sell based on Wyckoff Distribution. Based on a method I devised to trade Wyckoff Distribution, I’ve placed parallel pink lines to indicate sell and buy zones, I’ve also placed a diagonal pink support line. Currently, BTC’s price is in my sell zone. If this idea plays out, then then BTC is going to drop to at...

Teklologist Updated 

Buy XRPUSD when price is in green box, sell when price reaches pink box, and set stoploss close to corresponding price of red line. Max possible loss: 10% Min possible profit: 43% Why this setup? Price will likely pump between now and 12 Dec because of the Flare network air drop, and we should expect for a massive distribution to ensue. Price possibly...

Teklologist

No way this could happen, right? Just lines on a chart? Regardless, it certainly looks sexy.

Teklologist Updated 

Edit: There should be a giant “1” at the top to indicate a cycle or supercycle wave 1. I’m neutral for now. But, a lot of news about PayPal and BTCUSD at a time when many altcoin-btc pairings look set to rally and BTCUSD looks like it might capitulate. So, here’s something just to keep an eye on. The box region shaded pink is the most recent Wyckoff accumulation...

Teklologist Updated 

Key takeaways XRP has begun a new market cycle and, with a moderate confidence, we can expect XRP to reach a new ATH at some point this cycle. Last cycle followed an EW leading diagonal pattern and was probably a cycle wave 1. Currently, we should expect XRP to take on a more typical EW structure until otherwise indicated. Market cycle psychology (MCP) and...

Teklologist Updated 

Just gonna leave this here for y’all. All touches are there for a valid pennant that bounds a slanted Wyckoff accumulation. Hope you all have been accumulating as well.

Teklologist Updated 

XRPUSD trying to play me for a fool but I ain’t no fool. Price looks to be continuing in a leading diagonal Elliott Wave. If this turns out to be a cycle wave 3 then I hope you each join me in ordering an astronaut suit because that would make the previous ATH cycle wave 1. Based on chart, price is trying to end primary wave 4. I indicate W4 ending where the...