TD 8 Sell Setup, so maybe 1 more day. Important earnings are coming out Mon (2/25) and Tues, most other earnings have missed so I don't see these being different. We also have bearish divergence, a weekly resistance and supply level, making for a great short setup.
Factom has a TD 9 Weekly Buy, with a ton of bullish divs on smaller timeframes and at Weekly Support, this should fly. They also have partnerships with the Government, Mortgage Companies and more, more partnerships should trickle out.
Bearish divergence on lower time frames, a pullback to a weekly resistance level and now it should head down.
Going to short one of the most bullish charts I have seen recently. I think we're going to get a double top on a way overbought over hyped metal, this should be a really nice trade, we will see.
The Dow is waaaaay over extendend and in a fresh supply zone, SDOW is at it's lowest since it's started, VIX is looking prime for a pump, load me up.
At a major resistance, big test here, I'm leaning short because USDCHF and USDJPY area also looking toppy a long with the stock market and Bitcoin looks bottomed, finding more correlation between those two.
Time for a short on price action confirmation, looks to be topping out to me.
It has retraced to the .618 level and running a long the trend line, double bottom on the 1hr. Target is Top of the Wedge.
Tip of da hat FB, those bot impressions are amazing, glad you had a nice news pump but you hit your wall. The weekly Kejun-Sen is a powerful level you're not getting through. It might rise a little on Mondays open to re-test the level, but it's highly unlikely it gets through this level unless the whole market goes on a crazy bullish streak which I also don't...
Based on ABCD my target has a long way to go down, we hit a confluence of the .5 fib from the downturn and some major MA's, good r/r short IMO.
I don't like complicated Elliot Waves, it can get confusing. But I love them for simple ABCD targets. If we can hold this level I think we go back up to the target I put, it also lines up perfectly with where the market broke down so that lines up pretty amazing, seeing the market likes to re-test breakdowns. Looks bearish now, but I could see us attacking...
BAT has been pretty dormant but it's just had a bullish daily crossover, on the 4hr it's retesting the breakout, if it's showing bullish moment from this level should be a great buy.
If this level can hold, I think we have a nice pump with this coin, it's just re-testing breakout, good buy here with a close stop would give a great r/r
The whole market is looking bullish to me, it's in a retrace to test levels. I'm liking XLM on major support with a nice bullish divergence, williams %R is showing upward moment. Grayscale just announced a stock market ETF for XLM, I'm surprised this thing hasn't jumped yet but it's close.
VIX is close to popping off like in Dec I think, whenever you get to these supply zones the price likes to take off. With that I think is where we will see SPX and the market drop.
Love this pair, been riding this thing for a long time, go out when it retraced and now I'm ready to get back in. Watching price action, we should see it stop at this resistance zone, I don't see it going very high up into the zone, but watch price action and when you see bearish momentum in shorter time frames look to get in. There is also bearish divergence...
Everyone is bullish on DXY but I'm hesistant, it's possible we are just testing the breakdown before heading back down, it's also hitting the .5 fib, maybe the weekend news will tell us which way it will end up.