BTC has been created new floors at 60k and 63k. When looking at previous cycles and this cycle. I don't expect the blow off top to happen in 2021. I expect the peak of this cycle to happen in 2022 between Q1 and Q2. For 2021 my target is 91k and for this cycle it is 124k. The target is based on the previous two legs, Bitcoin Log Growth Curves, Bitcoin seasonality...
Good morning everyone, CRO token reached my target for a possible retracement and profit taking. Right now all my CRO tokens are locked for the crypto.com credit card. My plan for the CRO is to stay in as long as I am in their ecosystem. We are still early adopters, when they reach 50 million users, the inflow in this ecosystem will be insane, and CRO token will...
Palantir is the best SaaS company to buy this year, next year and the following years. Right now, the accumulation happening is crucial. The next leg up that will happen (2-4 years) with bring it to 40, an 80% move. A golden cross happened (buy orders taken) so technical analysis is bullish. My discounted free cash flow model gives me a price target of 38. What...
Btc has surged a lot in the past month due to sustained institutional inflow, continuing the bull cycle. I expect this bull cycle to last until January to February 2022, However with the adoption of BTC by countries and big institutions, BTC may continue to crunch higher and higher since the retail frenzy has still not happened. My price target for the next few...
Wyckoff accumulation schematic. We are currently in Phase B. (We arrived from a daily distribution schematic) I'm expecting a spring formed that catches the liquidity below the equal lows and below the selling climax. Only After that, I can see BTC recovering to at least 50k per coin. Right Now I am still holding my BTC and will add more with this liquidity scoop...
Confluences: Clear as day WYCKOFF accumulation schematic. I'd enter off the future spring around 520, taking Tesla all the way up to the ATH's/ This is not a swing trade, it's a position trade. Hence I'll be holding it for 2-4 years. Low risk-High reward. What do you guys think?
For this month I am bearish on EU. I am anticipating an upwards move filling in the 4H liquidity voids and maybe take out the PMH and PWH to get enough liquidity to drop significantly all the way to the daily liquidity voids. Personally going into the month, I'll be looking for longs off the OB's with a Wyckoff distribution off of it. Then, when price reaches...
Confluences: Price picking up and trapping people as of now. I see it coming back up, faking people with a bullish breakout, picking up even more liquidity. Then dropping to 1.19 back to the order block. There is also inefficiency above the OB that will probably get filled. I am new at smart money trading, what do you guys think of this setup?
What I'd like to see now: -The fill of the gap at 775 -A retrace to the broken consolidation area -The fill of the gap formed today at 700 Here is where I will add more shares to my Tesla position (trying to make Tesla 65% of my portfolio from 60%) -And then a continuation to A: break the wedge and go back to 800+. Or B: Consolidate between 720-780 range waiting...
After due diligence, I really like this company and it' future expansion plans and current execution. My PT is 45-47 so there is a lot of potential with this one. Hoping for more short term weakness to build a position (I am not expecting all my buy limits to get it, but if they do, even better. After position has been built, I'll let them roll until PT is...
Tesla has been repeatedly moving with the same pattern, the wedge. Now, a massive wedge is forming, meaning a massive move is coming. Tesla's future is bright, I'll definitely be adding in this consolidation area. What do you guys think about Tesla's future? Because for me I am extremely bullish!
Bitcoin price action is showing no signs of stopping. 70K will be coming sooner than most shorts expect. Trend lines have been forming, supports have held, most probable way is up.
Confluences: -Price just broke out of the 4H consolidation area -Personally now I'll wait for price to come back to retest the consolidation area -For an aggressive entry: I'll put a buy limit at the top of the consolidation area -For a safer entry: I'll put a buy stop when I see signs of rejection and continuation to the upside Additionally the weekly closed...
Confluences: Before anything I need to see this current 4H candle to close as a maribozu, if not, I may need to wait longer. However this are my confluences. -Price was in a steady upwards channel -Price broke this channel and broke structure at the daily timeframe level with a lot of momentum -Gonna enter when price retests this structure -Gonna sell it to a...
after the successful GBPCAD short, now we reached the first major daily trend line. Between today till wednesday we will see whether we break and retest it or we bounce off it. Either way there are a lot of pips that we can grab! As of right now both Pound and Cad dollar are showing a lot of strength so it's a good sign when we see the continuation or the...
Confluences: -Tesla broke out of the bearish down trend -Yesterday Tesla gapped up, and closed the gap, retesting the broken (previous resistance) support zone at 668. Therefore it is experiencing very healthy price action -Also lower than inflation numbers report yesterday and the stimulus check will give a good support for TSLA -Tesla is an amazing long-term...
Confluences: -Price structure has been beautifully bearish (LL, LH) -Trendline has been created and tested three times -Enter on the 50 fib retracement (on the 4H) -Stop above the 78.6 -Take profit at the first bullish trendline (daily timeframe) -Also price broke and is soon retesting a major resistance zone (blue rectangle) Feel free to tell me your thoughts!
Confluences: -Price retraced to the 78.6 fib level -Price consolidated after the retracement a bit -Price just broke out of the consolidation -I will get in on the retest of the consolidation box Feel free to tell me what you guys think!