TheTrex

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Don't trade in between, buy at the target zones. Good luck with trading, -TheTrex

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Simple Textbook setup, pretty self-explanatory.

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Wedge finally broke up, measured targets in chart. Good luck trading, -TheTrex

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The market is going nuts again, where are we heading? Confusion, euphoria, fear many emotions in frequent interval and we slowly losing faith whether the market even obeys any rules at all? Luckily for those who believe in technical analysis I have a few targets based on numerous price ranges and consolidation structures. I'm not calling any tops for those who...

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Symmetrical Trend channels and Wave Count.

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Combined with oversold conditions on MACD and logarithmic channel support makes this a great entry to start scaling in. Relative strength is so low if sellers have any strength left to push price down significantly.

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RSI on 2W chart

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Scaled to create 45 degree angle.

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As shown in the chart bitcoin sellers are losing strength, sell-offs are not as steep and take more time, while uptrend are still quite strong and fast. Sellers are not completely convinced yet as bitcoin is consolidating in this larger wedge and below the blue median ranges. I'd expect bitcoin to make a final sell test, if successful price will not make a new low...

TheTrex

Measured target in chart, currently broke up from descending logarithmic channel and RSI is peaking again (indicating some trend strength is returning). NEO claims to be the number #1 blockchain in 2020, let's see what they are up to.

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Big down momentums have been signal in the past that there is strong concerns about the economic markets. Big players sold, market tries to recover on "promising data" but only marginally grows on low momentum. Then market starts to fall, businesses start to turn from relief to longer-term worries and lower their work force and expenses. Unemployment goes up as...

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In earlier chart I posted that Bitcoin at that time formed an Adam and Eve pattern. The pattern is a text-book example of what the target would be if such formation breaks up. Unfortunately price experienced a fierce rejection, based on the expectation that bitcoin would form a cup on this Eve the target zone to buy was 3800ish nonetheless, if you entered based on...

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Adam and Eve pattern with target of 1.618-2, trend also inside of ascending channel. Good luck and happy trading. For more check out my signature with on my profile. -TheTrex

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Golden ratio (Phi is an important number). Phi (1.618) has interesting properties that are commonly found in markets. Today we will have a closer look at the golden sum, it's lesser known (don't find too much about it) and can be calculated by taking sum and multiply it again with 0.618, in this way the golden sum will grow to it's limit of 2.618 as the extensions...

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Based on fractal of early 2000's where tech stocks were also on a parabolic run and broke the curve we could NASDAQ retrace to Elliot Wave (4) support which also aligns with major structural trend support.

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We taking gann to another level, this time lets not use a Gann Square, lets go radial lets go circular! Circle is divided in 9 segments of 40 degrees each, the smaller halfs are 20 degrees (easier to chart). Hope you like the chart, seems to work pretty damn well for R/S lines. Please Like and Follow for more! <3

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DXY is currently in 2 channels which both have good possibility to be retested at the upper channel top. What can cause the rise of a stronger dollar? One cause can be people selling large amounts of stocks back for dollars creating a strong demand for cash, this is also what the M2 and MZM velocity of money is indicating. It seems to have hit bottom and amount of...

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Exciting times, what will we find and do with it? Unraveling the unknown by knowing the divine and makes us wonder even more.