I try to be patient and follow the trends, starting from weekly and then drilling into 1-5 min charts. I always set reasonable so I don't get screwed.
I don't post much here, but made this for some kid who is trying to learn. Mostly Wyckoff (why isn't that an option?), Fibonacci Levels informing an Ellliot wave that makes it look like BTC will go a bit lower, or that this is a larger scale ABC correction. I don't know, do what you want but I'm waiting to buy (some) around 35k (in light of new information)...
Following fibs and EW cycles, I can see a clear organizaion in play. Don't miss out on this one, lads. Just be patient and trust the math
This is what I think may happen with BTCUSD based on Wyckoff cycles. I haven't checked the fibs or anything, so prices may be a bit inaccurate, but basically it works like this. Note that the prices here haven't been checked at all, and at the end of the day they don't really matter aside from the fact that market-movers know people look at them and use them to...
This chart looks silly, I know. Turn on log to see it a bit better. It sounds absurd, but so does just about any market. The only thing I can see stopping this is a return to the gold standard. As long as money can be printed for free, it will. Bitcoin can't. I suspect we'll start seeing the qSAT (quadrillionSAT) shorthand or something, because you can always...
Anything's possible when you're working with a finite asset in a world where: Inflation is constantly rising and multiple fiat currencies continue to fail. New sources for rare earth elements and precious metals are constantly being discovered. The overall output of society continues to rise. This is a (very) rough estimate based on Elliot Wave Principle...
Buy is set at a center of action. Stop is just below what has held as a long term support area. I'd ladder out the sells.
tsla appears to be following an ascending channel, and should hit the top of the channel some time in mid jan 2024
vince said this is just me watching the nasdaq but it is indeed the truth. you will see it in a week or so. strong indicators of, let's be honest, a sh*tcoin, but lots of stuff works
expect drops as people reclaim assets for the holiday season. spy will have a short run up and then a temporary correction
BTC appears to be raising faster than BNB. Will update to add BNBUSD. There has been news regarding Binance pulling out of the US due to ongoing regulatory changes.
correction from a descending wedge. This appears to be a good crypto with much potential. It will go through some crap because of the "global financial crisis, just like everything else - but it will recover if it is a solid instrument. sell if it breaks far below the pitchfork for >=3D
DRv is a solid issue. I would expect a modest again before a correction.
Decided to use the templates feature on text callouts / boxes to make it easier to draw them in the future. Please let me know if you have any suggestions
Lockheed Martin appears to be in a head and shoulders formation
It looks like ETH might be in the progress of completing a long term cup and handle. I think it will drop a bit further down to a fairly common fib retrace point. Target is a fib extension of that point starting from the bottom of the cup to the top of the right end of the cup, and then set to the aforementioned retrace point. If it shows strength towards the...