$REN/USD: Moon Trading & Technical AnalysisThe performance of $REN the previous Moon Trading was amazing!!! And look now the % that we are up and it is not even giving us the "sell signal". This looks really promising! Let's see what brings the New Moon of the 6th of October.
Are you into this trade with me? Already +60% in profits here!
Astrology
$DXY: Moon Trading & Technical Analysis$DXY has been growing, we can say, too much perhaps, showing an overvalue on RSI which usually indicates a fall, perhaps very soon. What does this mean? That the power of the Dollar against other national currencies worldwide is falling (don't worry, this is totally normal and happens all the time, the typical ups and downs of the market) and with it the stock and crypto markets will raise. Be patient and just relax while your long term positions grow in profits.
It is possible that we will keep seeing a fall in the value of $DXY as we get closer to the 6th October New Moon which it is usually our selling day to take profits from our entries on the Full Moon from two weeks before. Naturally, to do so we wait till many indicators show a "sell" signal, but you get the point.
To have a deeper understanding of the intermarket connections I strongly suggest you to read:
Intermarket Technical Analays - John J. Murphy
INDEX:DXY
Google, 1 OCT - Elliott waves | Gann | Astrology $GOOGAlphabet approaches Gann level 2651 and we can count 5 waves to the downside (green count).
The 20 week MA (red) is located below at 2630.
An idea would be to reduce short exposure on Gann level and further observe if buyers step in.
Ascendent conjuncts natal Mercury today, however it stands in trine to natal North Node. Mars squares natal Venus on 2 OCT. Overall rather mixes signals.
Alphabet’s Waymo received a license to offer self-driving rides in California, an important development for the company. Until 8 OCT the Irish govt. is to decide on joining OECD corporate tax proposals, which may impact Alphabet’s margins so that we need to be careful with long positions.
______________
www.constellations.trade
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
Open an account here if you'd like to support my work:
TastyTrade
America's best Options, Futures and Crypto broker
start.tastyworks.com
Deribit
The world's most liquid Bitcoin options platform
www.deribit.com
Binance
10% off trading fees with this link:
accounts.binance.me
These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice:
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
TD = Theta Decay (for example a strangle or iron condor)
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
Apple, 1 OCT - Elliott waves | Gann | Astrology $AAPLPlacing an entry idea above the .618 fib kept us safe as price continues to decline.
At this point it is difficult to determine if AAPL is in wave (c), or if wave (b) still occurs. Instead we can notice that price approaches the 20 week MA (red), usually a support.
Gann level 138 is located slightly below.
The current green count can be interpreted as wave v, but it could also be a corrective abc. In both cases we may expect the wave to come to a completion.
An idea could be to reduce any remaining short exposure towards the 20 week MA, or to set up an options trade to profit from a potential volatility contraction (TD Idea = theta decay idea) until we have more clarity in the Elliott count.
______________
www.constellations.trade
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
Open an account here if you'd like to support my work:
TastyTrade
America's best Options, Futures and Crypto broker
start.tastyworks.com
Deribit
The world's most liquid Bitcoin options platform
www.deribit.com
Binance
10% off trading fees with this link:
accounts.binance.me
These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice:
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
TD = Theta Decay (for example a strangle or iron condor)
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
Total Crypto Market Cap: Moon Trading & Technical AnalysisHere we can see the tremendous strength of the Moon phases upon the Total Crypto Market Cap , being this Full Moon/New Moon two weeks cycle not an exception at all. Just relax and wait for it! Next target: to the Moon!!!
🚀✨🌝
@MoonTradingTA
$ETH/USD Moon Trading & Technical Analysis - September 2021As we can see, Ethereum hasn't reach not even its minimum % of growth between each Full Moon and New Moon two weeks cycle, giving us plenty of room to grow! I would wait till RSI is over 80 level to take profits. If you entered with me one day prior to the Full Moon when I told you, right now we are %20 in profits. This is, for every $1.000 dollars you put into this trade, now you have $200 of profits. Good job!
$BTC/USD Moon Trading & Technical Analysis - September 2021Blessing Moon Trading family, may you are in peace and having a great day full of profits and love! I am here as usual to help you to understand the dynamics behind Moon Trading strategy and to check how our entries are doing so far since the Full Moon .
As we can see in the chart in the upper right part, we can see that from 28th September to 17th October we are under the influence of Mercury retrograde which usually brings some complications in communications, technology, trading, thiking, comprehension, attentiveness, among many other aspects.
This is why I am putting it in the chart, so you are aware that during these kind of 3 weeks you have to double check everything before you do it and the best would be to do not open any positions till this period is over. If you have already opened positions you are totally safe, don't worry (I have a lot and with every Mercury retrograde I have seen profits, rest in peace about that).
If you took an entry with me prior to the Full Moon day, when I already told you that the prices were really really low and the RSI was giving us a buy signal, know you are approximately %10.68 depending at which price you entered. If you put $1.000 dollars in the trade (I put much much more than that), so now you have your initial $1.000 plus $106.80 dollars in profits. This is basically how it works. Of course we need to discount the fees from our broker.
I am taking profits once RSI is over 80 level or whenever I am %25 in profits from my overall investment for this Moon Trading two weeks trade. Also, if I see a good potential for October once the month started, I could as well keep my position till 4th November New Moon.
This is not financial advice but for educational purposes only. Always do your own diligent research.
Apple 30 SEP - Elliott waves | Gann | Astrology $AAPLAAPL was rejected at the .618 fib mark (blue box) as expected, but consolidated afterwards, so that we may consider a wave (b) to unfold if price breaches the blue box.
In that case a short-term trade could be considered to capture a potential wave (b).
A put options sweep occurred yesterday, 143 strike/1 OCT expiry, 212 contracts, which we can interpret as bullish sentiment.
The channel median line (blue dotted line) provides support for now.
Several major constellations occur today: Sun conjuncts natal Jupiter and shortly thereafter natal Saturn while in trine with retrograde Saturn. An expansion of volatility may be expected.
Ireland may sign a global corporate tax agreement which would rise the corp. tax for Apple to a proposed minimum of 15%. The deadline is 8 OCT for a statement which may cause AAPL to decline again around that date.
______________
www.constellations.trade
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
Open an account here if you'd like to support my work:
TastyTrade
America's best Options, Futures and Crypto broker
start.tastyworks.com
Deribit
The world's most liquid Bitcoin options platform
www.deribit.com
Binance
10% off trading fees with this link:
accounts.binance.me
These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice:
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
TD = Theta Decay (for example a strangle or iron condor)
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
Tesla, 29 SEP - Selloff October coming? $TSLAOctober is Tesla’s most important month:
Q3 vehicle production & deliveries on 1 OCT
Annual Shareholder meeting on 7 OCT
Q3 earnings call on 20-21 OCT
We can observe again and again that price declines if such events occur at the end of a rally, which is the case here. The actual earnings or production stats, no matter how positive, seem to be irrelevant if market participants are set to sell the news.
As mentioned in my last analysis, Tesla is approaching Gann level 805, and 8 is an important profit-taking Fib number. The current Elliott wave has come (or is coming) to an end in the 5th wave (green count) and we reduced long exposure.
Mars square natal Mercury coincided with the top. Sun squares natal Sun on 30 SEP, potentially further bearish volatility.
The assumption is that a wave C (yellow count) is completing. That means there is enough downside to gradually build short exposure as we gain more confidence that this is the right direction.
______________
www.constellations.trade
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
Open an account here if you'd like to support my work:
TastyTrade
America's best Options, Futures and Crypto broker
start.tastyworks.com
Deribit
The world's most liquid Bitcoin options platform
www.deribit.com
Binance
10% off trading fees with this link:
accounts.binance.me
These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice:
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
TD = Theta Decay (for example a strangle or iron condor)
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
Bitcoin, 29 SEP - Elliott waves | Gann | Astrology $BTCBitcoin bounced off the 20 week MA (in red) and Gann level 41884 for the 4th time. Volume has risen, indicating the continuing presence of buyers.
Our BTO entires at higher levels kept us safe. We may adjust them to stay clear of the blue box, the 50-60% retracement level, where sellers may step in and try to continue the bear market.
Selling options premium allowed us to generate a steady income as price lacked a clear direction in the past days. But we shall be mindful that an expansion of implied volatility may occur if wave (iii) unfolds. If you'd like to trade Bitcoin theta decay strategies you can use the link below to open an account with Deribit, the most liquid options exchange for BTC and ETH.
Correlations: DXY continues its exceptional strength as yield spiked, but Gold has started to rise again, which could be an early indicator that USD may begin to slow. EURUSD is at support level as well. A declining USD would help the yield-sensitive tech sector QQQ to retrace the last selloff and crypto could then correlate.
______________
www.constellations.trade
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
Open an account here if you'd like to support my work:
TastyTrade
America's best Options, Stocks & Futures broker (new: Crypto)
start.tastyworks.com
Deribit
The world's most liquid Bitcoin options platform
www.deribit.com
Binance
10% off trading fees with this link:
accounts.binance.me
These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice:
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
TD = Theta Decay (for example a strangle or iron condor)
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
Facebook, 29 SEP - Elliott waves | Gann | Astrology $FBFacebook appears to unfold in 5 waves to the downside (green count). Gann level 338 provided support during yesterdays selloff.
Further upside would indicate that wave (a) is potentially complete and we may prepare ideas to participate in wave (b). Higher entries keep us safe if our assumption is wrong, and they give FB time to further consolidate and improve our probabilities.
Should wave (b) unfold, we might target the 50-60% retracement of the previous wave at 366 Gann level (blue box), where the 20 Day MA is located as well.
If price declines further, wave v of (a) is not complete yet and we may look at the next Gann level 329 for potential support.
Mars continues to form a trine with natal North Node which can be interpreted as problematic, however Mars sextile to natal South Node on 1 OCT at 0.0 orbit adds a bullish element.
Correlations: DXY continues its exceptional strength as yield spiked, but Gold and Bitcoin has started to rise again, which could be an early indicator that USD may begin to slow. EURUSD is at support level as well. A declining USD would help the yield-sensitive tech sector to retrace the last selloff.
______________
www.constellations.trade
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
Open an account here if you'd like to support my work:
TastyTrade
America's best Options, Futures and Crypto broker
start.tastyworks.com
Deribit
The world's most liquid Bitcoin options platform
www.deribit.com
Binance
10% off trading fees with this link:
accounts.binance.me
These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice:
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
TD = Theta Decay (for example a strangle or iron condor)
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
Apple, 29 SEP - Elliott waves | Gann | Astrology $AAPLThe Mars/Saturn conjunction on 27 SEP coincided with an expansion of volatility and a selloff.
AAPL is approaching the median of a larger trend channel (blue dotted line). The current wave (green count) can be interpreted as wave iii or wave c (potentially followed by wave iv retrace to the .382 fib blue box, or another abc with further upside). AAPL likely remains difficult to trade and a theta-decay strategy could yield better results if price becomes choppy.
If AAPL continues to decline we may interpret it as green wave v and look for the next levels:
- Gann level 138
- Gann level 132 & bottom of trend channel & wave (a)=(c) equality
- 124, 1.618 Fib extension of wave (a)
Correlations: DXY continues its exceptional strength as yield spiked, but Gold and Bitcoin has started to rise again, which could be an early indicator that USD may begin to slow. EURUSD is at support level as well. A declining USD would help the yield-sensitive tech sector to retrace the last selloff.
Google, 29 SEP - Elliott waves | Gann | Astrology $GOOGAlphabet hit resistance at Gann level 2861 and began to lead the market in yesterday’s selloff. As expected from the Nasdaq analysis we can recognise an unfolding wave (c), which is reflected in GOOG as well.
If the green count is accurate, GOOG may have completed wave iii, so that we can look for a potential wave iv with a retrace to the .382 Fib level (blue box).
Waves 4 are hard to trade but due to their choppiness we may profit from a brief contraction of implied volatility when selling premium.
If wave C continues to unfold we may look at the next levels for potential supports:
- 2699, wave (a)=(c) equality
- 2651 Gann level
- 2549 and 2559, Gann level & 1.618 Fib level
On 29 SEP three minor Mars/Moon constellations occur.
Correlations: DXY continues its exceptional strength as yield spiked, but Gold and Bitcoin has started to rise again, which could potentially be an early indicator that USD may begin to slow. EURUSD is at support level as well. A declining USD would help the yield-sensitive tech sector.
______________
www.constellations.trade
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
Open an account here if you'd like to support my work:
TastyTrade
America's best Options, Futures and Crypto broker
start.tastyworks.com
Deribit
The world's most liquid Bitcoin options platform
www.deribit.com
Binance
10% off trading fees with this link:
accounts.binance.me
These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice:
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
TD = Theta Decay (for example a strangle or iron condor)
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
Bitcoin, 28 SEP - Elliott waves | Gann | Astrology $BTCWe see BTC returning to Gann level 41884, consolidating below the green trend line.
Price reacted precisely at the .786 Fib., indicating that intentional buyers are present.
An idea could be to start placing long entries above current price. Higher entries keep us safe if our assumption is wrong, and they give BTC time to further consolidate and improve our probabilities. There is no need to force trades.
Correlations:
Since 20 SEP the Nasdaq Future has formed 5-waves-up and ABC down, so that we have to take another bullish move into consideration which may take selling pressure off the crypto market. The cash market chart NDX still looks bearish, we have to be patient to let it play out.
DXY is running into a resistance zone. Momentum has been extremely strong as yields have bounced, following the last FED speech. If the dollar can cool off it will be positive for crypto and QQQ.
Two bearish constellations pass today: Sun in square to natal Mars and Mars in trine to natal North Node in the natal Bitcoin chart.
______________
www.constellations.trade
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
Open an account here if you'd like to support my work:
TastyTrade
America's best Options, Futures and Crypto broker
start.tastyworks.com
Deribit
The world's most liquid Bitcoin options platform
www.deribit.com
Binance
10% off trading fees with this link:
accounts.binance.me
These abbreviations in the chart are ideas provided as educational information and do not constitute financial advice:
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
Mars and MercuryThis chart is made to show how QQQ reacts to Mars & Mercury Gann Planetary Lines, both set to $1/degree with mars showing its opposition -180degrees- harmonic.
enjoy
Apple 27 SEP - Elliott waves | Gann | Astrology $AAPLOn 27 SEP Mars and Sun conjunct natal Saturn, a constellation that may potentially coincide with volatility expansion or a turn in sentiment.
We can recognise an Elliott abc correction from the previous low (green count). That movement may come to an end
- at the 1.618 fib mark, around 148 USD
- or at the 50-60% level (blue box) above. The 20D MA is located here, as well as the 150.8 Gann level.
If sellers step in at one of these levels, we may develop an STO idea to participate.
Correlations: US markets may follow European markets in digesting the results of Germany’s election. DAX slightly bearish in the morning after centre-left party SPD emerged winner. Fears of more regulation and bureaucratic micro-management in Europe’s largest economy persist.
______________
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
Become a patron for regular updates & trading ideas: www.constellations.trade
Open an account here if you'd like to support my work:
Deribit - Trade Bitcoin option premium decay strategies here:
www.deribit.com
Binance - 10% off trading fees with this link:
accounts.binance.me
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
These abbreviations in the chart are ideas provided as educational information and do not constitute financial advice.
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
Bitcoin 27 SEP - Elliott waves | Gann | Astrology $BTCAs expected BTC declined on 24 SEP, further helped by news that China bans cryptocurrencies (again?) to restrict the flight of capital from the country. Gann level 41884 remains support as price consolidates on it.
The decline gave us an ABC correction, potentially a wave (ii), which means that we may expect an expansion of volatility in a wave (iii) this week.
On the bearish side we can equally count a wave (ii) completion so that the expansion of volatility can go the other direction as well. When buyers step in and hold the 50-60% retracement (blue box) we may gain more directional clarity to develop a trading idea.
Bitcoin option sellers may consider widening strikes.
Correlations: US markets may follow European markets in digesting the results of Germany’s election. DAX slightly bearish in the morning after centre-left party SPD emerged winner. Fears of more regulation and bureaucratic micro-management in Europe’s largest economy persist.
28 SEP brings Sun in square to natal Mars and Mars in trine to natal North Node, two minor, slightly bearish aspects. No major constellations to influence BTC this week so that we rather focus on correlations with QQQ and DXY.
______________
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
Become a patron for regular updates & trading ideas: www.constellations.trade
Open an account here if you'd like to support my work:
Deribit - Trade Bitcoin option premium decay strategies here:
www.deribit.com
Binance - 10% off trading fees with this link:
accounts.binance.me
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
These abbreviations in the chart are ideas provided as educational information and do not constitute financial advice.
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
$BTC/USD Moon Trading & Technical AnalysisBlessing Moon Trading family, may you are in peace and having a great day full of profits and love! I am here as usual to help you to understand the dynamics behind Moon Trading strategy and to check how our entries are doing so far since the Full Moon.
Entry: $40.600
SL: (usually) Trailing Stop of 5% (but this time I am not using)
TP: considering the historical data that I shared in the last idea, it could easily be $57.800
Even after the fall all the currencies had with Evergrande's news, we are still a nicely almost %6 up. But, if you were using Trailing Stop of %5 and your SL wasn't triggered, you could have taken profits of %11 with the peak of the previous days around the Full Moon. If you were trading with leverage, multiply that for the number you were using. That easy is to be profitable with Moon Trading, without taking unncesary risks with your investment and always taking smart and carefully thought entries.
How can I take a careful and smart entry using Moon Trading strategy? Well, if you see in this chart, the RSI was giving a buy signal in the daily chart. Every single time around the Full Moon day that I see this buy signal, always the price just keeps going up, even if there are some strong catalysts to bring the price down, as it happened the last couple of days with Evergrande in China.
Should I only base my entries on RSI and the day of the Full Moon to open long positions? Well, I like also to use MACD, the historical data of the same Full Moon the last years, what is the expected performance of the price according to this, and also to keep a close eye on DXY and S&P 500 which give together a powerful information.
Whenever you see the price of the American Dollar going down, you will see cryptocurrencies in general but Bitcoin in particular going up. If the stock market is still opened, it will impact even more, because whatever happens to S&P 500 usually affects in a great manner to cryptocurrencies. This could be due to the players that are present in both markets: hedge funds, institutional traders and many other reasons, such as algorithmic trading and goverments trying to manipulate the market, whales closing massive positions to take profits before they need to break even due to a high volatily in the market, etcetera.
Once you see the RSI + MACD + daily volume giving you a buy signal, and the S&P 500 in a bullish trend, together with the DXY in a bearish trend, that is a great great time to take an entry. Also I consider personally that is very wise to keep an eye on the news around the macroeconomy and crypto related topics, which together usually operate as powerful catalysts for the prices.
Did you take this entry? If not, according to all what was mentioned before, you are still in a great moment, just remember to do your own diligent and conscious research.
This is not financial advice but for educational purposes only.
May you have an extremely profitable 2 weeks between the Full and the New Moon the 6th of October.
PS: remember that we have a Moon Trading channel (@MoonTradingTA) where I share a lot of news, tips, analysis and more, join us!
$TSLA: Equinox Day - Elliott waves | Gann | Planetary AspectsTesla has not moved in alignment with the general market but has been rather leading or lagging at times.
The Elliott count gives us a potential top, if we consider the previous wave as a slightly truncated Wave 5. TSLA is now at the 50-60% retracement (blue box) of the previous wave. If the bearish count (green wave iii) unfolds from here, this is where we should see sellers step in.
The 750 Gann level may provide resistance. Should TSLA consolidate on top of 750 and break the green trend line, then a bullish move towards the next Gann level at 805.9 becomes likely.
TSLA has moved through a series of problematic planetary aspects which gave us the volatility that we expected. On 30 SEP Sun will square natal Sun in a minor aspect.
The FED meetings today and tomorrow may provide further catalyst for volatility and more directional clarity for the stock market in general.
I recommend Steven Van Metre’s coverage on Evergrande on YouTube, as we need to keep an eye on debt default crises because they like to spiral out of control.
______________
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand (momentum), and to use options premium decay for consistent income when markets may contract (range).
Get a 14 Days Free Trial: www.constellations.trade
Open an account here if you'd like to support my work:
Deribit - Trade Bitcoin option premium decay strategies here:
www.deribit.com
Binance - 10% off trading fees with this link:
accounts.binance.me
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
These abbreviations in the chart are ideas provided as educational information and do not constitute financial advice.
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
$ETH Ethereum 19 SEPT: Elliott waves | Gann | Planetary AspectsETH has shown weakness compared to BTC, but this relationship may change now. Take a look at the completing ABC pattern in ETHBTC.
Nevertheless, both ETH and BTC likely have more downside against the USD - if the current Elliott count is correct. As ETH rises against BTC, we may see choppy action on the USD chart. One idea is to stay out of ETH for the moment, or benefit from time decay by selling call option premium.
The red trend lines may provide temporary support & resistance. The lower trend line will be different on every trader’s chart because it is based on the wick of 7 Sept, which has different depths on different exchanges. But the Gann level 3254 provides confluence.
Planetary aspects have been working incredibly well on ETH, especially for tops. On 25 SEPT Sun will conjunct natal North Node, a potentially dangerous aspect. More importantly: On 1 OCT there will be a cumulation of very important aspects. Follow my channel for updates as we approach October.
The equinox is on 22 Sept. Historically, autumn equinoxes often coincide with bearish momentum.
Correlations: QQQ has been bearish on Friday, a follow-through on Monday is to be expected. However, QQQ and SPY still have the possibility to complete the final wave 5, marking a slightly higher ATH next week. We need to observe if such a surprise reversal occurs. If QQQ continues its rapid sell-off, ETH usually correlates.
China: The Evergrande crisis may continue to escalate. A debt crisis (or the fear thereof) may trigger institutions to reduce assets, which may include crypto assets, resulting in selling pressure. We need to keep an eye on Evergrande developments as major debt default crises like to spiral out of control.
STO = Sell to open idea
BTO= Buy to open idea
______________
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand (momentum), and to use options premium decay for consistent income when markets may contract (range).
Get a 14 Days Free Trial: www.constellations.trade
Open an account here if you'd like to support my work:
Deribit - Trade Bitcoin option premium decay strategies here:
www.deribit.com
Binance - 10% off trading fees with this link:
accounts.binance.me
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
Gold Update - Elliott waves | Gann | Planetary Aspects $GLD $XAUGold has retraced towards the 50-60% retracement area (blue box), where it currently finds support at the Gann level of 1747.
The question is if the bearish wave (B or 2) is complete. Wave (a) and (c) have reached equality, fulfilling the requirement for a completion. The DXY has met resistance perfectly at the 93.437 Gann level and, should it reverse, then a lower USD will drive Gold higher.
However, a deeper retracement into the blue box is a possibility, because the green wave v is very short. Therefore, ideally we want to see support on the 1768 Gann level to build long exposure.
Major planetary aspects have passed, all of them gave us astonishingly precise indications about expansions in volatility. On 26 SEP the Ascendent will square natal Jupiter, but likely not too significant.
Correlations: If sell-offs in SPY and QQQ assets continue, that capital may flow into safer assets such as safe-haven metals like Gold, increasing buying pressure.
China: I recommend Steven Van Metre’s coverage on Evergrande on YouTube, as we need to keep an eye on debt default crises because they like to spiral out of control.
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
These abbreviations in the chart are ideas provided as educational information and do not constitute financial advice.
______________
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand (momentum), and to use options premium decay for consistent income when markets may contract (range).
Get a 14 Days Free Trial: www.constellations.trade
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Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
$BTC/USD Technical Analysis of the Full Moon on September 2020Blessings family of traders, may you are well and in peace, and hopefully having some nice profits today. I want to share you what happened exactly 1 year ago during the last Full Moon on September 2020. Understanding our past is key to have a better use of our present possibilities under similar circumstances.
Again, let's go quickly thorugh the basics of Moon Trading :
The day of the Full Moon usually is the lowest price of the month, sometimes this could be around 2 to 3 days prior or after the Full Moon.
The day of the New Moon usually is the highest price of the month, sometimes this could be around 2 to 3 days prior or after the New Moon.
The period between a Full Moon and a New Moon is two weeks, through which prices go up.
The period between a New Moon and a Full Moon is two weeks, through which prices go down.
Now, keeping this on mind, in the Full Moon on September 2020, $BTC had a fall of %18.81. To have even more perspective, in the Full Moon on September 2019 $BTC had a fall of %26.25. In the Full Moon on September 2018 $BTC had a fall of %7.36.
The question is, how deep is the fall in the Full Moon on September 2021? The answer so far: %12.15.
If we take these numbers as parameters, we can easily think that we are above the minimum (2018) but under the maximum (2019) which it could indicate there is a little bit more of room to keep falling, even the double, as it happened on 2019.
What have these Full Moons on September from each year in common? They all did rise again after the fall, and usually is kind of part of the rules, what it rises too much surely will fall, and what it falls too much must rise again.
Be patient, plan your entry and then do as you have planned.The best moment to buy usually is when the MACD's blue lines crosses above the red, and when the RSI is oversold/undervalued. Not yet there, but once we are be ready.
In a crisis there are two kind of people, those who cry and those who sell tissues. Which one are you? Let me know in the comments!
Keep an eye on it and let's make some nice profits with this amazing Moon Trading strategy! And remember to share this information so many more souls could become financially free and live a purposeful life!
This is not financial advice but for educational purposes only. Always do your own diligent research.
COINBASE:BTCUSD
$AAPL Apple 19 SEPT: Elliott waves | Gann | Planetary AspectsApple has topped out right at the Gann level of 157 USD. This level is a 315 degree rotation on the square of 9, measured from the low of March 8. It is 7 times the 45-degree rotation, and 7 is usually associated with the completion of a cycle.
As the Elliott count showed a completion of 5 waves up, this gave us confidence for a short trading idea.
We may look for the next Gann level at 144 for temporary support and potentially the completion of 5 waves down (green count).
If a retracement to the 50-60% area occurs (blue box), AAPL could run into resistance at the 21 day MA and the 150 Gann level, or a bit higher, which is typical for a retracement in wave 1.
Planetary aspects have been working incredibly well on Apple. On 27 SEPT Mars and Sun will conjunct natal Jupiter and Saturn within a few days. Two very important aspects that may coincide with an expansion of volatility.
The equinox is on 22 Sept. Historically, autumn equinoxes often coincide with bearish momentum.
Correlations: QQQ has been bearish on Friday, a follow-through on Monday is to be expected. However, QQQ and SPY still have the possibility to complete the final wave 5, marking a slightly higher ATH next week. We need to observe if such a surprise reversal occurs. Apple has been the bearish leader among major Nasdaq stocks, so that we may expect choppy action in case the QQQ proceeds with a wave to the upside.
China: The Evergrande crisis may continue to escalate. A debt crisis (or the fear thereof) may trigger institutions to reduce assets, which may include AAPL, resulting in selling pressure. We need to keep an eye on Evergrande developments as major debt default crises like to spiral out of control.
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
These abbreviations in the chart are ideas provided as educational information and do not constitute financial advice.
______________
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand (momentum), and to use options premium decay for consistent income when markets may contract (range).
Get a 14 Days Free Trial: www.constellations.trade
Open an account here if you'd like to support my work:
Deribit - Trade Bitcoin option premium decay strategies here:
www.deribit.com
Binance - 10% off trading fees with this link:
accounts.binance.me
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
