Not financial advice. Made all notes on the chart need a daily close above .43c to go after .65-70c Everything collides in May
Not financial advice Trade idea moving forward. Wait for rejection of 125 level and see if we come back to around 80-90 range. 80-90 be my order areas with a long term target of completion of this structure at 260 level Seems to be we have an inverse Head and shoulders setup going on here with a pullback to the 80-90 range that should in theory push us up to...
Not financial advice This is the life chart of BTC You can see the trend break at 130.00. And the current triangle we are trading in for the foreseeable future. It seems we running through the decade corrective cycle of BTC. I highlighted 29k as a peak before we could retrace back to 1000-1500 area. In my experience without getting into to much reasoning. That...
Not financial advice. Classic Bear flag on weekly also on monthly and a Head and shoulders rejection on monthly charts as well. Life trendline of EGLD is 27-28 range. This would be my entry and look to resell right under the bear flag pendant at around 38-41.00 range Completion of the bear flag would be a target of 19.32 DYOR #PIK Patience is Key #TLAW Think Like A Whale
Not financial advice. Trade idea moving forward Short at 22500 if we get there 1st take profit 21300 2nd take profit 19300 3rd take profit 18800 21300 must hold.. this in theory should be a RSI retest of the micro RSI high. Lose 21300 target is 18800-19300 range Explained on chart we had a breakdown of the Fear of missing out channel. Reason I say that is because...
Not financial advice You can look at my previous charts where a move on USD pair can run to 25.00 with is still a 50% move here and a potential up to 27-30 So both BTC and USD pairs are in about conjunction with each other. Trade idea moving forward. Stop loss set right below the .00071 level With take profits 1-3 highlighted in the Green on the chart. We have 2...
Not financial advice. If you agree like and follow. We had a bull flag pendant setup that we are currently trading under as I highlighted that has to stay above 24200 on the 4 hr closes. Each 4 hr that passes this number becomes slightly higher and higher. This pattern will be invalidated if we get a 4 hr close above 24400 Until then bearish down to around...
Not financial advice. Like and follow Do you see what I see? We had a golden cross at 17.72 A golden cross is defined when the 200 Month Moving Average cross the 20 Month Moving Average. Now looking back at the last Golden cross we had a 875% increase in 2700 days. Yes almost 9 years from the start of the cross to the top. Also of note we are trying to have a...
Not financial advice. I'll include the other chart shown bigger so you can see the stoch and fisher and how we have more room to come down.
Not financial advice Looking at the 3 month charts of spx we can see on the stoch rsi that we are oversold. But there a big catch that I noticed on the Stoch RSI bottomed at -1.0 and the stoch rsi is also trading below the 2020 COVID crash with room to still move down The Fisher has crossed down as well I believe this is just the start of the correction that...
Not financial advice This is an update to my idea where I had it shorting to low .40c area now we are in our impulse stage. So far has moved 250% from the low so a cool down to be expected.1.10 is key Trade moving forward See if 1.10 holds as support here to continue the parabolic move that tops at 3.67. We are oversold big time on the weekly so a pullback to...
Not financial advice Just simple numbers here once we enter death cross territory Same metric gives us a target of around 27.50-28.00 Always DYOR Always practice patience #PIK Patience is Key #TLAW Think Like A Whale
Not financial advice This is an update from an earlier chart I posted. But if we maintain a .034 daily close we have a target of .0465 1st take profits be the 200 week moving average of .043 followed by .046 Then let's see if we can nail it up to .07c that's a big if but let's see.
Not financial advice Trade going forward Must keep 4 hour closes above .027 for a long to .0343 area Wait for retest .027 to see if it holds and take a long to .0343 area Currently in a bearish wedge Where .0273 must hold we lose that number on a 4 hr close. Target would be .0197 entry Target is derived from taking equal measure move up to wherever the trendline...
Not financial advice We currently have taken out a 25% block on the daily. And if we get a daily close above 7.80 the 1st take profits is 9.72 according to the block theory... Staying above 7.80 on the daily we can aim for as high as 13.77 according to fib extension on this shorter timeframe of the daily. Again DYOR Always practice patience #PIK Patience is...
Not financial advice Weekly chart won't happen overnight 3-6 months Wyckoff Mode Please research wyckoff mode. I circled the UTAD (Upthrust after Distribution) Wyckoff is 5 stages. Currently in 5 wave. Corrective structure on the weekly We had a bearish wedge that was 70 % Apply that same 70% to the break at 358-360 Gives a initial target of 110. Also We have a...
Not financial advice. Also we have a clear resistance line on Stoch Rsi as well. We lost a big triangle that applying same level loss of % gives us a cap of .10c Now applying fib retracement where the "0" is 10c we have a stop point of .188 with a baseline of .20c Now saying all that there is a 2 fib up theory that could play out with this token. It's been...
Not financial advice. Trade idea moving forward. Try to make your buys as close to .028 as possible but DCA your buys Staying over .028 we have a target of .104 moving forward for next 90 days. So we have a good consolidation range here to still feel comfortable DCA into your buys The trendline you see on the STOCH RSI is derived from the the monthly charts and...