This is going to be unpopular. You will be triggered! I’m only stating the facts of the chart. This is not my opinion. Let’s begin.. The whole of tradingview is bullish on Ethereum. It seems everyone is talking about $5k, $10k, $20k Ethereum by teatime. Youtubers are not much better. Everyone is bullish. I couldn’t be more bearish. What I’m seeing? The above...
Maybe by March 10th. Yes, 46 days from now. The number of short ideas on tradingview right now is funtastic. $25k, $20k, $15.. and so on. Price action could not break $29.8k on July 20th with 2,568,000,000 exchange reserves @ $29.8k it is not going to break $30k with 2,379,000,000 today. A year ago today, Jan 24th 2021: 2,452,000,000 @ $32.3k I don’t know where...
Will try and keep this short. Three important points I want to convey: 1) Price action drops 40-50%. 2) The weekly Heikin Ashi candle prints a trend change (pink highlights). 3) NVT crosses up 40 All three points have just happened. It is important. Here’s why: The weekly Heikin Ashi candle is closing green AND with a flat bottom (no shadow - that’s...
On the above 1-day chart price action has corrected a massive 92% since August 2020. A number of reasons now exist to be bullish, including: 1) A ‘incredible buy’ signal prints. 2) Bull market is confirmed. A life cross is printed as the 50-day SMA (blue line) crosses up the 200-day SMA (red line) AND price action is above the 200-day SMA. As far as I can tell...
On the above 1-day chart price action has appreciated 2600% since the ‘incredible buy’ signal 320 days ago. A number of reasons now exist to be bearish. They include: 1) The obvious ‘incredible sell’ signal that printed some weeks back. 2) The pennant formation that broke out in September has reached its target, $85. 3) Price action is currently testing the...
But what direction? On balance of probability by the 1-day chart (below), it is an upside move. A huge move by December 21st - 23rd latest. How do I know? It is all down to the one trend line highlighted in blue on the above weekly chart. Now there are trend lines and there are trend lines. What makes one trend line more important than another? Confluence. And...
On the above 2-day charts every 2-day death cross throughout Bitcoin’s history is shown. There’s four of them to be exact, with the fifth incoming. A 2-day death cross is when the 2-day/50-day SMA (blue line) crosses down the 2-day/200-day SMA with price action below the 2-day/200-day SMA. Without question, a 2-day death cross will generally see 30% to 70%...
But with great risk comes great profits, 10x would be easy. On the above 1-day chart price action has collapsed 90%. A ‘incredible buy’ opportunity is now illuminated with regular bullish divergence between price action and the oscillators. In fact 10 oscillators are showing divergence, which is awesome. The BAO / BTC 2-day hart (below) is also printing...
** high risk - low market cap ** Back in 2018 this token was traded at $15 before a 99% correction. And 86% from the last sell signal. On the above 2-day hart a number of reasons now exist to be bullish, which include: 1) The breakout of price action resistance following the ‘buy’ signal. Look left people. 2) The break of RSI resistance. 3) Perhaps the most...
Just a quick and obvious trade (i.e. days / weeks), not a long term view (usually my ideas are focused on weeks and months). On the 12hr chart above a bullish divergence prints following a ‘incredible buy’ signal. Take profits at $80. Look for support after resistance to continue with long positions. Good luck, WW
I’m not even going to say a word, will just let this 2-day chart do the talking. Take a close look, it’s quite a story. Enjoy ;) Ww
Just a quick one.. on the above 10-day chart a ‘great sell’ is printed. Expect a 70% correction in the following weeks. WW
Have searched through 100+ ideas on tradingview this morning. Not one idea has mentioned the ‘death cross’ that has just printed. Statistics say 95% of market participants will operate at a loss. The current published ideas make it all too clear why. On the above 1-day chart the 50-day SMA has crossed down the 200-day SMA . This is also true for both 50-day and...
With the recent sell off there’s lots of quick 50-100% opportunities throughout the market. Can’t speak for all of them, however. The ones I’ve studied over the last several months and years help with identifying those opportunities to make a quick buck on the lower time frame. On the above 6hr chart price action has corrected 50%. Now is an excellent moment to...
** fundamental analysis will a little TA ** You read that right, 1000x. Buying Ethereum @ $4 in February 2016 is a 1000x today. But who would have known? How would you have known? Searching for 1000x opportunities is tough. At its core, the search is understanding the potential network effects together with the study of protocols. To be fully transparent here,...
** riskier than most <$40m market capital ** Happy with the risk? On the above 1-day chart price action has corrected 60% since mid-September. A number of reasons now exist to be bullish. Why? 1) The ‘incredible buy’ signal. 2) Price action prints a higher low. 3) (2) the higher low prints on the golden ratio. 4) The 1-day LTX/BTC chart (below) also prints a...
On the above 2-day chart price action has collapsed a massive 90% since mid-April. Since then a ‘incredible buy’ and ‘great buy’ signals have appeared. Numerous reasons now exist to be bullish, including: 1) Price action resistance breakout. 2) Regular bullish divergence. Lower lows have been printing with higher lows in RSI. Six oscillators are now showing...
On the above 4-day charts (USD pair left BTC right) price action for the POLIS token has corrected 90% since early December. A number of reasons now exist to be bullish, including: 1) The ‘incredible buy’ signal prints. 2) Both price action and RSI resistance breaks out. 3) On the monthly chart a Dragonfly DOJI candle prints (below). Super bullish signal. Is...