works2020

works2020

BTC appears to be making a head and shoulders pattern while creating trends. 1. accumulation trend, positive, if continues BTC has a better chance of moving upward. 2. downward trend, if price continues not bad for BTC, continue to watch. 3. head and shoulder pattern developing (green line), head and shoulder often...

works2020

CIDM trading pattern moving into the final stages. In my opinion could go either way, however this is how trading goes. Can only watch the trend as it continues to develop. Looking for volume to dry up as it tests support around1.10 . A strong bounce off support moving the price upward with above average volume indicates to...

works2020

First breakout SUCCESSFUL 1. resistance 2. when strong breakout advances through resistance it becomes the base 3. classic cup base more selling (distribution) on the left side of the cup. Right side more accumulation (buying) up until breakout. 4. breakout on high volume price pops through prior high determined at the beginning of the cup formation. Second...

works2020

Thoughts on BTC, personally thought it was going to be lower over the last week or so but it's holding around the 57k range. I believe it's coiling up to make a move but uncertain of the direction. There was a cup formation that failed March 13 then the handle formed and failed afterwards. Safe to say the handle never formed. Hard to tell if this is a sign BTC...

works2020

- increasing volume needed to sustain a breakout "if" cup formation continues, as of writing this volume looks promising - Volume, RSI and Accumulation strong, no divergence - concerned BTC may pull back from 60k from strong resistance, it's struggling as I write this. If BTC moves lower will likely create pressure on...

works2020

Healthy after a large price increase to move sideways and consolidate. My question with GME is the possible 80% trading swing while it consolidates. I don't think it's necessarily bad if GME finds support above 260 and moves slower upwards, have to wait and see. Part of technical analysis and chart recognition is predicting...

works2020

- 3 year cup pattern formed - breakout confirmed Jan 19 and 20 with large volume - 50% retracement after breakout is healthy - Appears handle portion is forming now, can only continue to watch daily - my analysis, DARE is forming another consolidation pattern (handle) prior to next move up

works2020

EDUC held up strong during first leg of correction. Watching market direction closely. Double bottom base held, change in market direction expect a strong movement upwards.

00:03

works2020

Double bottom base looks promising, looking for well above 50% volume to confirm breakout if / when it happens. EDUC appears coiled up and ready to pop, of course have to watch how this unfolds, each day is a new piece to the direction.

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works2020

Towards the end of 2020 BTC trended well. Starting in 2021 the mainstream media picked up more stories, ETF's are now an option, DOGE pumping on reddit hasn't helped BTC, my opinion of course. I believe this is scene in the price swings beginning in Jan 2021 as they became wider. Price swings are often a sign of a top, correction, some type of consolidation period...