William_Playfair

William_Playfair

Lessons learned: Bullish target for cup and handle for breakout of alt season in 2024 met exactly I did spot this much earlier which allowed me to get more aggressive on alts earlier - in reality I added and this chart also with BTC making similar set up encouraged me to not dump my alts at the low when many capitulated right before the market took off. Just...

William_Playfair

Bullish draw on XRP on 30 min chart shows channel its NFP today and recently Crypto has a fall into NFP on the day and rallies after the NFP days upto Xmas to participate in the pre xmas seasonal rally. Crypto is moving, Alt season is kicked off, XRP is an early leader does it have the legs to put in another 100% this side of the holiday ?

William_Playfair

S&P has made an island reversal It will at some point fall back to the 200 EMA on the daily or weekly 22% Bearish opportunity I think that a multi year top is now in place for this index, this first 22% down may trigger the topping process for this index as sentiment indicators are at record levels and retail participation is at an all time high. Plus money...

William_Playfair

Bearish opportunity 25% fall to the key level of support Nasdaq got a head of its self Good luck

William_Playfair

Bullish on ARK so long as and I expect that the price can stay above the bottom ascending sloping trend line. Then breaks to upside out of some form of consolidation shown as for example a triangle pattern. The market has miss priced her fund - I do not own any and no biased love listening to her updates and its really tough being in innovation and waiting for...

William_Playfair

Bullish case, price sitting over 200 EMA and broken out of the wedge it was in If the reported shortages in the supply are true as demand is higher than current worldwide production then its positive for the price Price does not need to stop it could go back to ATH and over if supply cannot meet demand for over 200% gains which might be a short squeeze and get...

William_Playfair

Bullish case, price sitting over 200 EMA and broken out of the wedge it was in

William_Playfair

Silver has confirmed a breakout, last week on high volume Silver was not knocked back on Friday night close and allowed to run first time for ages The shape of the chart approaching $50 last time was like a banana this time it looks to be on a better gradient which means its more chance to break though. Good luck. Buy the silver miners as they move up more...

William_Playfair

The target of the head and shoulders top takes the price down to the long term trend line which will act as a key level of resistance. Some 19% fall from today prices Breakdown of the 200 EMA will cause the price to drop to the next key level of support and this is about 18-19% lower

William_Playfair

BP and Shell move together and BP has already lead the way lower If Shell moves back to relative parity there is a 25% poss move Shell moves back to EMA 200 Shell moves back to 0.618 fib retracement of prior move This could be start of much larger move lower Most MSM are claiming inflation trade that oil will move higher but TA price chart shows breaking...

William_Playfair

As Oil is weak bearish case for Shell to sell back to its 200 EMA and then just fake out below this level to reach the 61.8 Fib retracement of the recent move up Shell looks like it just broke is support trendline Other points Oil has broken out of a wedge and appears to be moving lower BP and Shell move together and BP has made ATH at round number 500 and...

William_Playfair

Please see chart notes I am wrong if we get a blow off top back up and over the top of channel but if it falls back then this long term chart works. Its tough to get out at the top unless you are hedged now Market crashes typically come in late aug / Sep / Oct so just be careful out there We have not dropped back recently to test the Weekly 200 EMA for a...

William_Playfair

Possibility - the money that expanded on the BoJ central bank loans to international indicates the same periods of increase as shown on the chart so it looks like either the profits of the carry trade were put off shore. Or some of the money found its way here. Some will be returned as this carry trade unwinds BoJ shows 3-4 T of money in loans overall - it also...

William_Playfair

Optimism is at ATH Nasdaq is lead by 7 or so main stocks There has not been a major bear since 2007/8 and even then the market pulled back to historic overvaluation if you look at total data in the past 100 years Mutual fund mngrs cash reserve was at 2% historically low value suggesting a market top The upper trend line CAGL – capping ascending grind line was...

William_Playfair

Bearish case for BTCUSD Implies BTC longer term will go lower or at least its weak until the CForce picks up. Other charts like XRP and SOLUSD are going higher with CForce but if BTC drags them down we could all be bearish soon. ETH is very weak for Cforce on longer chart

William_Playfair

Bearish case for BTCUSD Implies BTC longer term will go lower or at least its weak until the CForce picks up. Other charts like XRP and SOLUSD are going higher with CForce but if BTC drags them down we could all be bearish soon. ETH is very weak for Cforce on longer chart

William_Playfair

Bearish case - Island top reversal made today suggests further selling unless the gap can be closed Expect the price to move back to the 200EMA which is 5% away If it does not stop there it could be a small trend change as it happened on NFP non farm payrolls day Not advice only for educational purposes

William_Playfair

Bullish case - Long term chart shows tri pattern and if the target is met it takes 3600% to get there This relies and helps predict that the Gold price will over time move up much higher and the gold miners stocks like this one will go up not advice just educational purposes