xtremerider8

xtremerider8

VALE, a nickel mining company supported by ELON MUSK, is currently at a BATTLEZONE of bulls & bears. Unsurprisingly, this is happening just around the median line of the pitchfork w/c also coincides with the 0.50 to 0.618 FIBONACCI retracement zone. I think the bulls will win in 2022 & more upside to come. Wave 3 of 3 shall then continue. EVs NEED NICKEL. Just my...

xtremerider8

Gold just made a golden cross(50x200). All moving averages on this daily chart are already properly sequenced(AOTS=ALINGNMENT OF THE STARS..an acronym I borrowed) EXCEPT that ma100 is about to cross above ma200 in a few days. Getting above 1800 is quite an accomplishment but It is essential that Gold breaks 1833, out of a consolidation box since July of 2021 with...

xtremerider8

XTZ recently had a deathcross on this 1D chart. However in the 4H chart, TEZOS broke ma200 & ma50 in a day w/ a big red candle. As long as the blue zone (4.35 to 4.45 range) holds, I will remain bullish on XTZ. It seems wave 4 has bottomed & a new wave 5 is in the making….maybe after one last correction to retest 4.35. Many indicators showing bullish divergences...

xtremerider8

It seems like ZEC has already completed the big ABC down & now starting a new 5 wave up. However, it has first to break that 160 resistance for me to be bullish. Failure to hold 145 double bottom zone will bring more downside. This a not financial advice.

xtremerider8

In this 4H chart, the ma ribbon has been converging & holding 5.85 for quite a while. Wolfpack holding zero line & Mkt cyphers B also making a higher low. Caution: there is still a chance SAND is making a bearish flag… W/ the stoichastic rsi slowly going down. After recent big zigzag ABC down, SAND may be starting a new 5 wave uptrend if does not go below 5.24 & 4.50

xtremerider8

After a long correction, TAN may reverse to uptrend 2022. With the recent divergence, it may take a short while before TAN breaks the 81 Pivot & the MA ribbons w/c also is near the MA50 line. Heiden Aishi candles starting to shoe greens in this 4H chart. Although Money Flow Index is still red, it is also slowly turning up together With Stoichastic Rsi. There will...

xtremerider8

If rates keep rising with a recovering economy, TNX may soon break 1.515 upwards toward the high end of The BIG DOWTRENDING CHANNEL. Right now,TNX still holds the short term up-channel When TNX rise, TLT falls…. Does it mean money may rotate into stocks? Pls comment your ideas.

xtremerider8 Updated 

I revised my pitchfork to show more accurate support & resistance levels. Right now BTC is trying hard to hold the lower pitchfork near 46660 w/c also coincides with Fibonacci 0.786 retracement & ma200 areas. Every rally seems to be rejected by 52k & the bears push it down. Failure to hold 46k may see a waterfall drop to 42-40k zone where we will get a...

xtremerider8

IF BTC continues downward from current 46600 zone, it will soon break the ascending triangle. A measured move down will be the height of the triangle, which also coincides with a measured square range down to 40k-41k zone as I mentioned several times in previous posts. This will happen very fast & I think dip_buyers will come quickly in this demand zone. The ABC...

xtremerider8

AAVE weekly chart has a good support at 252 although failure to break the downtrend line may result in a retest of 206 since RSI at 65 & the falling red cloud may present resistance in the near short term. It is slowing climbing the stairs one step at a time…with ABC down already completed, a new wave 1 may have already started with a BIG ENGULFING candle in the...

xtremerider8

ENJ has to stay above 2.33 & break above 3.0 resistance at the Handle down channel. If that happens,the upside is projected by using the height of the CUP. Merry Christmas everyone!

xtremerider8

Btc may still encounter tremendous resistance at the slotted red median line of Pitchfork. If it breaks above this area around 57K, it will be bullish. If rejected by the median, selling pressure may push it back to 51k or even 46k the lower side of the PITCHFORK. Trade cautiously. Not financial advice....make your own research.

xtremerider8

Investing in XLE is less volatile than crude oil. Demand bound to rise as economy recovers. XLE already came back from a HEAD & SHOULDER covid plunge & retested the neckline. It is at the same time trying to breakout of a BIG WEDGE & a SMALLer WEDGE. Noticing the small head & shoulder inside the small wedge, my bias is for XLE to breakout soon. Getting above 65...

xtremerider8

further consolidation inside triangle. a break above 20 would be bullish

xtremerider8

QQQ probably making a W pattern ending in the upper trendline sometime in late Jan 2022. 428 also is a FIBONACCI 1.618 in the W pattern. Prices will pause to consolidated around the neck @400

xtremerider8

entering on retreacement to 0.00003750 with stoploss offers a very good risk to reward ratio. Shiba may have completed the massive wave 4 down & now in early wave 5. pls note target prices at different stages going into 2022. Prices dont go straight up so expect a lot of volatility. Not financial advice. pls comment your opinions.

xtremerider8

XRP weekly chart trying to break about middle range. If it goes a over 1.0, it will be about the right time to breakout of triangle wave 4. That will also signal the end of wave 4:& the start of wave 5. Pls comment your ideas also. Merry Christmas everyone & good luck trading! Note: just my analysis & not financial advice.

xtremerider8

My Reasons are: Prices testing the lower channel for several days making higher highs & higher lows as if trying to get back inside the uptrending channel. The yellow box zone of 3.07 to 3.17 so far has been the classical resistance turned support. The ma ribbons are very compress already in the 4H chart signaling a BIG MOVE soon. My bias is sideways to up with a...