kickflip360

kickflip360 Updated 

Look how accurate the TD Sequential indicator has been on calling daily red 9's at the bottom of a down trend. Almost every bottom reached over the past 2 years was on a red 9. Simply amazing how accurate this system can be. Now the bad news is that we've just started a red 1, which could potentially lead to another 8 days of downside until we get a red 9. The...

kickflip360 Updated 

It's not the perfect Cup&Handle pattern, but it's near enough to still be valid in my eyes. If so we could potentially see a rise up to 300, about a 15% move from where the current price is. We have been consolidating for the past 5 months so a decent breakout is very possible, considering how strong the long term uptrend is for NVIDIA. I have gone Long since we...

kickflip360 Updated 

Nothing but bullish for the cannabis market right now, especially since the recent approval of Bill C-45. There's been a little bit of news selling, which has set up and ideal buying opportunity. I went long at $6.77, but now is still a good time to jump in imo. If you wanna be safe, wait until we break out of the Triangle. Stop losses set $5.48, but overall I'm...

kickflip360 Updated 

After multiple failed attempts to break above the 200 day MA, Gold looks like it could be ready for another leg down. We remain in a Bear Flag , and have managed to hold some support around the 1290 area. If we can rally up, make a higher high, and close above the 200 day MA then I would start to become bullish. But I would say it's about a 60% chance that we drop...

kickflip360 Updated 

So Netflix formed a perfect Ascending Triangle last week when it broke out. Unfortunately I missed this trading opportunity so I'm looking for another entry point. The TD Sequential indicator has just ended on a 9, so I am anticipating a 1-4 day correction before we move back up. It's also very common for the price to breakout from bullish patterns and then retest...

kickflip360 Updated 

Looks like NASDAQ is leading the way in the stock market in terms of bullish strength. We're knocking on the door of ATH's, and I can say with some confidence that we will breakout at some point in the near future. It's possible that we can break past ATH's on the first attempt, but I am a little reluctant to become an aggressive buyer just yet. A small rising...

kickflip360 Updated 

S&P is still long term bullish in my opinion. We remain in a strong uptrend that is yet to be broken, 200 day MA has acted as support during this consolidation period, and we are currently trending above the 50 day MA. I don't think we will see a death cross so long as we continue up from here. I am anticipating a breakout from this flag with a target of around...

kickflip360 Updated 

We've had a really good run over the past 2 weeks. Obviously we were over extended and due for some kind of pullback, but the 200 day MA acted as strong resistance once again. Overall this is a bearish sign, however, due the length of this bull move we could just have a correction and then attempt to break the 200 day MA once again. If we can break this point,...

kickflip360 Updated 

Been watching this one over the past couple of days, and it looks like we are setting up nicely. 20 hour MA trending above the 50, RSI is trending up, we've made higher lows and looks as though we're forming an Ascending Triangle. This is one of my favorite setups, as we can set buy orders for when we break out of the top of this pattern. This would have worked...

kickflip360 Updated 

Welcome traders! As you can see, Bitcoin has gone from Bullish to Bearish almost over night, and just like that the market sentiment switches! It's a testament to how quickly these markets can change in these volatile times. Just how low can we go? I have switched to linear charts as this gives us a more accurate channel to draw. It is different from my...

kickflip360 Updated 

Seen some strength come back into ETC recently! My last post stated that we need to get above the 50 day MA on the hourly timeframe, and start using it as support. We managed to get above the 50 and 100 day MA and are currently using the 100 day as support, which is even better. This is the sort of move I have wanted to see so lets see if we can continue to stay...

kickflip360 Updated 

ETC has taken a slamming recently! My previous post was anticipating a possible bounce of the green trendline, which we never got. Therefore trades were not entered. Now we are bouncing off another crucial level of support shown as the red dotted line, which is all that stands in the way of a trend reversal for ETC. The four hour time frame is showing bullish...

kickflip360 Updated 

Hello Traders! I wanted to share with you a possible scenario for Bitcoin. For those who have seen my previous TA post, I projected a Cup&Handle pattern which has been pretty accurate. You can check it out here: Now we are at an important level for Bitcoin as it has reached the downtrend resistance line that I have drawn as the red dotted line. If you check out...

kickflip360 Updated 

We are about to hit a crucial support point for ETC. If we can get a bounce followed by some decent volume, I will be placing trades. We are still in an uptrend which has not been broken yet. So far, we have touched this support 3-4 times, and had significant bounces. The 4 hour time frame shows oversold conditions with the RSI, and the last time this happened we...

kickflip360 Updated 

As you can see, I have drawn a clear channel for Litecoin which has lasted for almost a year now. We managed to surpass the top of the channel during the huge spike in December, but this was short lived as we quickly capitulated back down to the bottom of the channel. So overall I think this trend is still in place. You can see that we have touched the top and...

kickflip360

I've slightly extended the handle, but targets are still the same. This works out nicer because it brings us directly to the top of the downtrend line. No guarantees but we look set to hit that point, and when we do I would be very surprised if we don't breakout soon after! That's when you will really see the volume pouring in confirming the bulls gaining full...

kickflip360 Updated 

Hello Traders! Here's my 2 satoshi's on what could happen with bitcoin. A lot of people have been drawing Inverse H&S patterns, but I can see another pattern that has been overlooked by most, the infamous Cup & Handle! I forecast that the handle will take us down to the 0.236 Fibonacci Retracement line, which coincides with previous support and resistance lines...

kickflip360

Historically Bitcoin has had a correction back down to previous highs, which acts as support. By probability, Bitcoin should bounce back up and make ATH's from here. I'm keeping it simple with the TA, but you can also look at the daily candles and see oversold conditions on the RSI, and we bounced beautifully of the 200 day MA. Right now I see strong buy...