vayntraubinator

vayntraubinator

lets see if RSI on monthly closes above with breakout for a good bear rally bounce. My prediction however is that this SPX rally is not moving the needle enough for NVDA and will ultimately send the stock downward to continue the RSI downtrend best of luck traders!

vayntraubinator

Based on weekly of NVDA we ended at top of candle but RSI has some bearish divergence. I suspect we will correct this week as a result. correction may be 2 fold 1) small correction to 170$ by end of week to re-test RSI trend line 2) larger correction with re-established new RSI upward trendline 3) very deep correction Not sure our bear rally was high enough a...

vayntraubinator

daily looks interesting. potential trend reversal but looks very corrective. unsure if this will push higher b ut likely rejected at or below the 0.618. If it breaks upwards of the 0.618 then the downtrend is invalidated and would be curious to see where we go My most likely scenario however is that likely we will break to the lower yellow triangle for a big leg...

vayntraubinator

nice bounce out of the 1st level. let's see where we go next and how the market plays. watching the RSI carefully overall. Have more room to fall certainl;y

vayntraubinator Updated 

Exhausted RSI Breached upwards of the 13 year bullish trend channel Looks like a classic Double top on this monthly time frame set-up Commodities and stocks ready to tank IMO Don't pick bottoms. Best to wait to clear the air on what is happening not financial advice

vayntraubinator Updated 

take the low to high, 50% level appears to be where were headed! what do you think

vayntraubinator

Looks like it's headed to 21$ which is the regression mean Unless resistance lines are broken, the monthly continues to be bearish

vayntraubinator

People are putting in Bids to rent apartments in major cities, fewer and fewer people are buying homes, CPI is going up. The result is the value of the dollar (and for contemporary living) is going up. This results in high commodity prices to match the inflation, and the rise has been unreal. It will likely continue this year - I believe a double top will take...

vayntraubinator

Kind of disbelief with how great the company is but the monthly RSI needs to re-test lows of 39. I don't like how volume is not small on the correction - in deed the volume has remained high - not a good sign. Unlike RIOT I think this has a 3 x down to about 2 - 3$.. Wish you all well

vayntraubinator

Bottom is close to in. RSI at low 40's on monthly. Ready for a big final wave 5, 2023 - 2024 for the next btc move... these move x 10' multiples relative to BTC. building a position here over this year

vayntraubinator

Hi this is my monthly evaluation of bitcoin dominance. Overall the monthly chart I find is more reliable for long-term analysis. RSI is below 40 on monthly + negative macD (although mid-term has uptrended) and negative OBV all indicate that this is a bearish trend Looking at the count the A wave was an impulse down. Then we had B --> C. Now the D wave is...

vayntraubinator Updated 

Looking at symmetry between peaks and macD it appears there will be symmetry leading to mid-June as an important date. Will we see a local top or a final bottom then? i am leaning towards top. Lets see how it plays out

vayntraubinator Updated 

Hi all I think we are in the accumulation zone. Do not see the price going that much farther below than 9$ Reason being is people who bought before it launched up are likely still holding. It launched due to hype of bitcoin and algos identifying it, hence its been in a long down trend as the institutions have sold back their short-bought shares. I think we...

vayntraubinator

Looks bad... OBV strong downward resistance. Possibly visit 6$. first stop 17$. best of luck yall

vayntraubinator

Quant is in bearish mode. High order block zone at about 0.0011 area which is likely bottom - best for accumulation then. We shall see how btc holds in this bear market... could mean a steeper drop for quant MacD big fat red on the monthly but RSI still remains above 40. We should see a re-test of 40's RSI before any reversal chances

vayntraubinator

I'm going to wait until LTC touches the bottom of the channel and then buy then. Aiming for around 80$ hopefully

vayntraubinator

Based on this chart I can see BTC getting rejected at the 0.5 fibo level, or it can attempt to flirt with the 200 daily EMA on the 4 hour chart If it gets rejected which I think it will based on the status of the markets at large... 31 - 34 k likely. If it dives to that level there will be some nice bullish divergence in which I will start to buy a position for...

vayntraubinator

We are seeing btc.D in a descending wedge pattern. Short term we see bullish RSI divergence and I believe we have more upside short-term When we reach top of the wedge I believe we will then go down and likely break through the bottom support BTC.D may help navigate what asset (bitcoin or alts) are better to hold. I do think short-term this uptrend will coincide...