Erictaylor

Erictaylor

After a great bounce off the 50% retrace to 28.66$ we have rallied back to 35$ area We have been met with resistance here however we have now been consolidating creating a symmetrical triangle here with a breakout resistance of 34.40 and a FIB resistance of 34.70 and the pattern support lies around 33-33.30 area If ETC can breakout upside we can see a push...

Erictaylor

ABNB is in a super tight consolidation. We have support at 137 within this pattern and upper resistance at 139.60 of this pattern This pattern targets 146 which is the weekly overall down trending resistance if we break upside. If we get caught up from Movingnaverge resistance on weekly that is between 142.50-143$. This is my first take profit idea if we can...

Erictaylor

I kNo, it was risky to try to take a trade, hoping for a break out of this pattern, even though it’s not looking tight enough yet, Ethereum was looking like it was gonna break out as well and it ended up faking out or at least coming back in I ended up losing a little bit on this trade, but it was OK. I got stopped out. I’m not done with it yet because since we...

Erictaylor

This is going to be a little bit more of a tricky trade, but it does look to be making a symmetrical triangle here within a uptrend channel. Currently, we are holding $136 as the support and we have a resistance 138.68 If we can clear the 139 area and hold it as support, our first resistance is one 14340 and if we can clear the actual uptrending channel...

Erictaylor

Earnings happen to be tonight after hours, and unfortunately, the market has been pulling back in some sectors, which is not the best thing for us GME bulls. What I can see so far, is a symmetrical triangle building. We are struggling to clear the $31 area again we got rejected. We have some serious support on the longer term chart but we have to continue to...

Erictaylor

Although we haven’t pulled back in again we are testing critical resistance of the weekly chart. Between 3200-3300 shib is testing for the 3rd touch of the downtedning resistance. Could we actually get a rejection here and pull back down for one last reload attempt ? Currently we seem to be fighting between 50% support of 2866 and the resistance from .382 fig...

Erictaylor

This is a sneaky little guy. However this is a large pattern that has been consolidating for a while. Although i usually like my patterns much much tighter, if we chart Ethereum the setup pattern is exactly the same with the pattern size and breakout area. It has been straight up from the lower end of the pattern however according to trend resistance this is...

Erictaylor

This thing started pumping not sure why. This is a high flyer gamble but we do have a chance for this to be a flag starting with fib extensions leading up to 100$ If we start buying here between 14.50-16.50 this isn’t a bad area to risk 2$ to make 10x+ Trade at your own risk idk why it pippped but it’s holding up in fibs so far Let’s see what we can do. I...

Erictaylor

Although a tricker chart, to me abnb seeming is reclaiming its trend after a large drop back to retest the lows one final time. We got a rounding bottom and push back up. This is part of an Eliot wave structure. I am longing abnb as of today around 137-137.50. Calls for 12.20 137 call cost 3,70 Be careful use stop loss. Below 134.50 is a fail idea

Erictaylor

I’m going long today on VFS option call 12/27 4$ call cost 75-85 each I’m looking for this to rally harder as the chart looks great. This is 1 hour and we are pulling back into .618 or 50% pull back but gearing up for a big rally. You can see my fib extensions I am looking for any of these to hit overall. Good luck be safe use stop loss

Erictaylor

So far we have double top here. However if shib can remain at 3025 area and confirm as support that would Be super bullish. I might be seeing it pulling in again towards 2800 and making this ascending triangle before next lift off. 3300 is key resistance flat top style which shows bulls in control. Need more time for this to get tighter. Buy the dips towards...

Erictaylor

Seems to be consolidating above the previous up trending channel. At First I thought Xrp was done but seems Xrp wants to go test old all time highs. Possibly and beyond as long as XRP remains above this previous channel as support this falling wedge could bring us back to retest 2.90 and Mabey go up and try for 3.50-4$ next! Can try entry between 2.22-2.28. Stop...

Erictaylor

Long overdue. Idk how this will play out overall in the long run, but currently this is putting in a potential weekly double bottom. As we push off the 4.64 support trend line, amc is curling upside and in a good push. It may take a little More time than we all want but it seems to be headed to 10$. There will be many stops Along the way. If this pattern...

Erictaylor

Since a rejection of $31 GME fell very far down back to the $27 area I was long at 28.80 and it caught me off guard and stopped me out. However, I am looking back at it again right now, as it’s really really tight in this consolidation, although it’s a bearish move into it, which can be potentially a sign that it could go lower, could also be on several long-term...

Erictaylor

After the pretty decent move we had recently shib has pulled back about 50% of the move we had. We still remain well above the breakout area. This is a great sign for us. It is now consolidating again and seems to be getting tighter here. We could start to curl and head back up ultimately breaking through 3025 area and holding above will b the next bull sign we...

Erictaylor

Stock has been beat up. This could Be a setup to start nibbling at this. Breakout of 22.62 area was bullish breakout. We seem to be inside a bullish pennant here and around 23.40 is support of this pennant Personally I am adding to this position here around 23-23.50 range looking for 32 potentially Today is a pull back on smaller timeframe but according to...

Erictaylor

Bitcoin had a trend to break on the smaller time frames and found support on the fib retracement level of 91,700 area. We are currently back testing the previous trendline breakdown. We have to watch and see if this will flip into resistance and we fall to maybe make a double bottom Off the recent low or if we just blast up through this trend line and re-reset the...

Erictaylor

Shib. has been consolidation for a little while now. Doge coin has been stealing a lot Of the thunder. Shib is building a symmetrical triangle with resistance around 2600 area. Next move could push us as high as 3700 which is the next fib retrace but with a current sunset tidal triangle target of 3500 I am buying shib around this point down to as low as 2350....