Took entry here Jul 18 after WMB closed below the 9 - first time since Jun 23 - and took out the Jul 18 O in the opening bars. Looking for a new SH here over $34.25. Thirteen days to earnings so plenty of time for this to print a higher high and test that DTLR around $34.65. Volume has been below average on this pullback suggesting not a ton of sellers here; just...
hello dear traders, as we can see on chart BTC dominance just hit a resistence, expect a reversal to the downside in few days. At that time alts should start to pump. Please share your comments and like the idea.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BTC 6Hr UPDATE ! As I told in the previous update, you can read further in BTC's it is going on As we can see at the above mentioned chart after a sharp rejection...
Currently at the channel midpoint. would be reasonable to assume the midpoint breaks and we test he bottom or do something similar to march 2020. target on downside would be 510.
BTC ~ Interesting how everyone is panicking when it has clearly yet to break key support on the weekly and has even begun to bounce off of it ~ There is even bullish divergence on the RSI as well. ~ I am no expert but it ain't raining until it's raining. If we break that support line, that when I would be worried. As of now it seems to be a BTFD
Like many other tokens, CHR is currently seeing a strong bullish reversal after the BTC pump a couple of days ago. If we connect the March top with the current one, we can clearly distinguish an ascending wedge pattern. The top of my pattern is also my intermediate target. Happy trading!
pretty simple idea. if we gap down spx and we hold some new higher daily low early on, then break above premarket close by a significant margin, the index is a buy until gap is almost or all the way closed volatility spike still expected by end of wed, thu morning if we gap up and start to trade up, the higher targets can be used
Friday's crypto crash recovered almost as fast with BTD traders bringing many coins, especially Ethereum, back up to the prior crash range. The crash bar should not be discounted as a fluke by any means. It sets up a clear defining line in price action going forward. Where price went to, stopped, and reversed quickly is the clear support. Breaking the low of...
Cem didn't post any levels for 2 days. He did however leave a hint in Monday levels. Cem only posted "Resistance" instead of "Support/Resistance" as he usually does. There is still plenty of vanna and charm flows as a result of higher skews. Gary has bananas. if you look at monday - tuesday open regression trend its pointing to a slow gradual unwinding to the...
Hello Guys We expect a rise in BTC dominance on long term target 60. So be careful on altcoins
Mercadolibre is still correcting although drawing closer to a zone I expect a bounce/reaction. Since Sept 2020 MELI has been trading inside a ascending channel and printed a fresh ATH in Jan 21. I anticipate a move down to the bottom of the channel with the following confluences 200EMA, .618 fib pull from bottom of the channel to the last swing high and the...
That is the question. Not much time to analyze because somebody needs to get work done. I think we're going to see some ups and downs the rest of the week but my expectation is to land right smack where I guessed 2 1/2 weeks ago. China is persistent and will continue to de-risk their economy. I think this will eventually cause a snap back / rubber band...
BTC Dominance just hit 39.82 very close to ATL 35.5 of Jan 2018. While BTC.D may still go a bit lower, but get ready for a reversal. Once a reversal starts, the market could get very violent blooding all ALTs in BTC pairs. While there's nothing certain in the world of crypto, but BTC remains king, that's for sure. Once BTC heads up, Alts shall bow.
See annotated chart. There's a decent chance we bounce once more above SPY 415. If the red pivot zone becomes resistance, I will quickly switch to bearish and short. I'm long with calls as of Monday's close. Not interested in holding under 414. Wouldn't buy if we tap ATH and roll-over...but if we do squeeze again, it's gonna be a doozy!
TME recent drop looking to be gaining strength. Dip buy opportunity.
Fibonacci arcs are a an important indicator for price patterns. They plot many useful areas of support and resistance, which gives a trader a better chance to buy or sell at a better value accordingly. Now while all these lines might seem confusing to some amateurs. Do not worry about all the lines. You only care about the lines which are around the current price...
The trend based fib time tool is used to predict pattern reversals by using horizontal fib levels. This method has proven effective and predicts many reversal patterns. By plotting the Key points on the daily BTC time frame. I as able to find that we are very close to a trend reversal, which means that bullish momentum is imminent and waiting impatiently to...