lazytrade

lazytrade Updated 

ETH has been on fire! Seeing that it hit some large headlines and the RSI is curling over, looking for a quick dip to punish the n00bz before heading for ~$3300 next month. Some notes about interesting areas, BTFD target & profit target.. I got in much lower. :)

lazytrade

Forming a mis-shapen cup & handle, two recent big pumps but still trending sideways in a consolidation range. Pretty good entry if you're not in already, looking to re-test recent highs. I like ALGO because of the simple 6% interest w/o lock up, long term this should be banger, adoption presently a bit light but big things expected in the future.

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Just a quicky, made a nice bit riding the KNC ride up, switched back to BTC as it started reaching to crack its triple top.

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Attached are full screen shots of Dow Jones, Nasdaq, S&P 500 and Gold with indicators and HA candles. Each have printed a monster island bottom, followed by a smaller island bottom and are currently above the highs of both. The Coronavirus has essentially created compressed cup and handle patterns ALL over the charts. All indexes and quality stocks have broken...

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Have to expand the top left pane in the chart to view the DJ notes properly on the chart. Below images will save you the trouble. :)

lazytrade Updated 

Bitcoin margin traders have been the primary cause of volatility, it would seem. What I see here is that for the most part, bears have much less impact on the market than the bulls (I would have thought the reverse!). True, a big bear paw helped knock BTC off the high horse, but the next day bulls started a path of self-destruction. This battle played out for a...

lazytrade Updated 

Bonner & Partners CEO of Research recommended buying into WTI.. it's on the rise, right! I disagree. Correction is imminent.. buy when it hits a support.. if it comes off it to the plus side! It has yet to have a break into bull territory..it's just been in "going up because nothing is stopping me" mode. Like crypto.

lazytrade Updated 

I think this is going to make for some sweet scalpin'!

lazytrade Updated 

All major stocks, allied Western currencies, and crypto charts are following the same pattern - coming up against a hard 100 MA on the 1D chart. They all have the same bull trap patterns, major dips and rallies in close proximity. They all have little bear traps. They are all poised to collapse within the next several 4H MACD cycles. I have reverse engineered...

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Shiiit.

lazytrade Updated 

This is noooot goood. Russian doll MTF bull trap with mini-bear traps inside.. across the board in crypto, stock, & commodities!

lazytrade Updated 

Ohhhhh shhiiiitt.

lazytrade Updated 

As all the other coins crash around the BTC/ETH L&S & MA convergence distaster.. people who cannot transfer to fiat will cash out into USDT.

lazytrade Updated 

Trying to figure out of BCH is going to kill the King. Bottom line... it's pretty hard to tell. They are both trying to target the 200 MA, BCH probably having a slightly higher chance of doing so. Coupled with the fact that BTC (and all mining really) is not nearly as profitable as it once was, more miners may start switching. Honestly, right now it hasn't...

lazytrade Updated 

Pretty wild eh! I chose the 3 big dawgs because they have the best data for this, but all the coins move together. What's more powerful...a death cross or a convergence of MAs with the heavy ones on top and short terms on bottom, anyone? Enjoy!

lazytrade Updated 

Still struggling to break to a into a positive Gann fan channel using the lows from current rally. It's in the 2/1 channel from the pinnacle downtrend fan, but that's pretty weak sauce really. Enjoy.. this chart is created on a UWQLED screen and doesn't translate well to normal 4k proportions but I'll try to drop an image that size below.

lazytrade Updated 

Oh bubble, how tricky you can be! Anyone notice this is what all crypto charts look like, if you zoom out to the beginning? In my head, in a very general way.. since the big pop last summer I had determined the long-term sustainable value to be around $2k. Super efficient & large mining pools require $8,600 price to break even. So, supply will grind to a halt...