caimano

09:11

caimano

This is my analysis to understand where the bottom could be for the Nasdaq. Between 100 and 140

12:13

caimano

Just a crazy idea that came up in my mind watching and analyzing VIX and SPX. In this way, I see that a possible bottom with a possible change in the VIX uptrend started in 2018 can find its way down around the Q2 of 2024, and it makes sense if we think we are entering the recession now. My bottoms are: SPX 3000 - 3500 NDAQ 100 - 140

caimano Updated 

No many are talking about this, but this C&H that took 22 years to develop, looking very promising for me. But I feel that not many are looking at this, but earnings are good and look like they are gaining back some momentum. we are approaching an important resistance and if we breakthrough the C&H could bring the price up to $130/share with a possible entry in...

caimano

The vaccination campaigns are raising all over the world, but US is doing an incredible job to get this done very efficiently. I am positive that the retails will spike in the next cycle due to the needs of the people to get back to in-person shopping experiences that are missed for more than a year at this point. Dillard's performance showings clearly the first...

caimano

We are retesting now a 25-year-old resistance level and it's a big opportunity to ride the next Japanese economy cycle. I don't want to get into the macro-economy details, I am only focused on unbiased TA and for me, this can be a good buy opportunity if the resistance becomes a support, at least the RR looks awesome. About the ETF, this IShares is the largest one...

caimano Updated 

I found this very undervalued company, which is flat since March 2020. Inpixon provides technologies to monitor indoor flows. The more I look at this, the more it becomes evident that they would make an excellent acquisition target, technology-rich, cash on hand no debt, and a minuscule market cap. In addition, management is not shareholders so would make an...

caimano

Love to spot Cup & handle forming, which I found are the easiest pattern to trade. Algo is a very good project and it's a little bit back in terms of growth with respect to the other coins, so this could be a nice ride with a lot of margins. We could find a natural resistance on the previous top and the price will retrace, or we could break the previous high and...

caimano

I am monitoring this since April we created the double top . I think could be 50% chance we got the double top and now we are going down below the December 2018 lows to establish a new bear market or we could bounce on the support trendline 2780. If the bounce will happen I am confident that we are going create an Inverse H&S with a target to 3670 ( ATH ). Both...

caimano Updated 

Bad if we beak below: 7300 and then 7100 Good if we break above: 8100 and then 8800

caimano

If you are that type of trader who trusts in fractals, here for you some light at the end of the tunnel! Everybody knows about the fractal from the MT Goax crash back in 2014, as you can see from this chart we have a lot of confirmation that there are more than few similarities between these 2 major corrections, so my take away for this chart is simple: if we are...

caimano

This correction still internal, as we all know, we are in the ABCD pattern and 0.786 FIB level could be acceptable the problem, the huge problem, if we fall below this level in that case, if the price goes below the 5-4K (as many here call) the capitulation could be very very bad. Personally I will never buy back at 4-5K level, unless for daytrade or swing trade,...

caimano

In order to respect this fractal we could need another touch in the 6.5K area..... This could be the ignition for the next bull-run

caimano Updated 

I have also added a time line, but take it with a bit of salt, usually, BTC bounces shy (at higher prices) to levels or it breaks dramatically through them. Keep under control volume for each reaction

caimano

We have bounced at 0.5 FIB level, if we break above 7850 we could have a confirmation that we are in the wave 3 (that usually is the longest) so it could be a good opportunity to open a trade. Disclaimer: not a financial advice Short Bearish scenario If we bounce at the resistance created from the trendline at the previous top at 8.600 we could fall to test again...

caimano

EOS looks weak after the ATH we have retraced in 0.65 Fib area and a good support has been found but EOS is having a hard time to regain steam. The volume still good, it's declining but still good. If EOS will not explode in the near future (and this is strictly correlated to BTC price action), there is a high probability to see some declining in interest and...

caimano

If BTC can break the white dot trendline we could reach +8K if the trendline holds we go to re-test 7K area (red dot line). Notes: Weak volume to consider this an impulse wave up, but could gain steam if we break the trendline. For the next 24-48 hours just monitoring

caimano

Has everybody expected we are going down: remember, it's quite easy to get the general market sentiment when 95 trading ideas on 100 are bearish! Well, the reality is, we are going down. But how much? I try this time to use fractals, and this brought me back to 2014 during the big correction from 1100 to almost 200, if you check the pattern it's really similar,...

caimano

I am usually a bullish and positive guy, but we the actual confluence of factors we have to admit that the bearish scenario is in place. There is no enough strenght in the market to pump up the BTC price over 8-9-10K, simply is not possible at the actual marketcap. What could happen from now? As you see i am starting to consider my chart on a larger timeframes...