thiluxan_s

thiluxan_s

Possible long entry here. Critical Support level at the .618, historically a great and proven buy/sell level with this particular stock. A daily candle close above $13.54 would be an even stronger indication of strength. A move up will help complete the golden cross for further confirmation.

thiluxan_s

Current set-up for BTCUSD. Prepared for the worst and hoping for the best. Not trading advice, just my TA on the current market. Key levels are 10.6 and 11.4ish. Currently looks like a good short at that level considering the obvious long move has already happened, unless we break above that resistance and close. Good luck!

thiluxan_s

Downward trend is being respected. Current price level could act as resistance and lead to further downside. - lines up perfectly with the top of the downward trending channel - approaching key EMAs Already made good profit if you followed the trend and simply traded the EMAs. This could prove to be an easy short opportunity. If not, then the trend itself...

thiluxan_s

Monthly for long-term outlook and accuracy. Price is getting toppy and losing momentum. Price movement up while RSI losing momentum and showing bearish divergence usually resulted in massive dumps in the past. The 50EMA lining up perfectly with the bottom of the upward trending white channel is the make-or-break price level for me. Either a nice bounce from...

thiluxan_s

Realistic logarithmic projection of BTCUSD. Longer trends = maturing market. Still room to go down and still be bullish long-term. Chart looks great. Price dumps to 50EMA and 100EMA would prove to be geat buying opportunities for major gains over time.

thiluxan_s

Possible scenarios for BTCUSD. The outlook for BTC looks great at this very moment, especially on longer time frames. It just broke out of a major long-term downward resistance channel (white). Price is now holding near two key fib levels. Things to note: 1. Pullbacks are inevitable, can be building support at 10k. I would look to buy dips near the 21ema and...

thiluxan_s

RSI crosses below EMA at $4.10 price level. Daily bullish structure still intact - higher lows - looking like possible reaccumulation before a retest. If we close a candle body below roughly $3.94 then there can be continuation to the 100EMA where it previously got bought back up. Could be an awsome bounce play here but only difference this time is it would...

thiluxan_s

Bullish structure is still holding at the moment. RSI will cross up above EMA at 2.70, key resistance level that is a local high and lines up with VPVR. If we break out above we could see some upside. If we break below the 100EMA we may close a daily on a new low, indicating lower price action in the mid-term. Bulls need to break above 2.70 and try to put in a...

thiluxan_s

Chart speaks for itself. Perfect bounces off of key fib levels. A bounce close to the .618 fib level would line up perfectly with the upper trend line of the channel along with the 200EMA. GC was not the most volatile stock but was a cash cow pre-covid with great margins and growth. Will continue to look for great buy opportunities even if we break below the...

thiluxan_s

Critical Point for Canopy Growth. Resting right on the 50EMA and bottom trend line of the ascending channel. Failed to close above 200EMA and tested back down to bottom of the ascending channel. Ascending channel traditionally leads to lower prices but that's after the breaking of the lower trend line. Possible test of .618 fib level which also meets with the...

thiluxan_s

Easy sell signal at top of the channel. Now looking for re-entry positions. Possible re-entry levels: $3.06-$3.20 (Dotted Line inside channel) - Not only is there so much price action here it also lines up with the 50MA. Could be a great bounce target. $2.55-$2.75 (Bottom of Channel) - This is key support of the channel and would probably have a lower chance of...

thiluxan_s

Easy sell signal at top of the channel. Now looking for re-entry positions. Possible re-entry levels: $3.06-$3.20 (Dotted Line inside channel) - Not only is there so much price action here it also lines up with our 50MA. Could be a great bounce target. $2.55-$2.75 (Bottom of Channel) - This is key support of the channel and would probably have a lower chance of...

thiluxan_s

Huge volume and selling - but price held relatively well. RSI in overbought territory. With the FED anncouncing that they will continue to print away just like they have been for years, I'm speculating that we will have major upside for this commodity over macro longterm but thought i'd point out the retracements at these key levels. Dotcom Bubble Crash and...

thiluxan_s

Chart speaks for itself. Note the amount of times the price has tested the moving averages. Me personally i don't like trading these middle zones and will wait for further confirmation of better low-risk high reward plays. Things to note: Still trading underneath a death cross. We've been on a bullish rally for over 2 months now hence why I am not in a rush to...

thiluxan_s

Looking at a potential low risk high reward play here. Although i pointed out the previous bull run above, I don't expect anything close to that happening at all. We are currently under a death cross and earnings are coming up, note it usually dumps at earnings after all-time-highs. This is a company I am looking at long-term though so I will buy small at this...

thiluxan_s

Just a possible long-term setup I thought I could share. Up to date, any time you purchased at 200MA Weekly made you very rich over the next year and so on. Following the start of the bull phase, it's shown it is best to reaccumulate at the 21MA Weekly, still providing immense gains in the weeks ahead. Check out the chart from 2014 to 2017, which was also in a...

thiluxan_s

BTC still respecting the yellow upwards trend line. Trend is still up atm. Saw some sell-off but price is still held relatively well and the distance between our golden cross is expanding which is very bullish. Major price level: $9450. If we have a daily close below that then we will likely have a leg down and I would be eyeing the 9k region, which happens to...

thiluxan_s

Chart speaks for itself. BTC's longer-term bullish structure (yellow channel) still intact but currently trading in the downward pink channel and has lost momentum. This could possibly be reaccumulation on the longer time frame before a large price move to the upside. Indicators are suggesting a potential bounce play but I would negate that if price closes...