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Beast

ALPHABET: GOOG Nature of the BeastALPHABET: GOOG Alphabet has two habits: it makes significant double tops quite often (3 times in this 2 year bull run so far) and when it creates a gap at earnings season it usually comes back to fill that same gap around 4-5 months later - and when does this it tends to do it twice, creating double bottoms as well as double tops. This is the one stock amonst the FAANGs that displays this kind of repeat behaviour so clearly, with one glaring exception, shown at the blue arrow. The biggest correction in the run is 15% in early 2016. Taking 15% off the highs = 1000. And 20% is 940, which coincides with fixed support at 942 and the lower supporting parallel. Perhaps in a panic it may spike this low but looking at past behaviour it should find support again at 987 by the close if it does fall this far first. Major suppoort exists at 904-900. It will take a close below here to derail this train.
NASDAQ:GOOG
by sumastardon
2
Bitcoin: BTCUSD Number of the BeastBITCOIN: BTCUSD Turn your back on Bitcoin for a few hours and ...just wish we'd all been around at 2.30 am GMT: The first really big bear engulfing red candles appear, smashes through the parallel (our long stop has already been taken for 25 point loss, earlier) the panic the increases and Bitcoin falls to the perfect spot...falling away the beginning of the structure to the immediate left of the chart...you know this behaviour, it's text-book stuff. What a buy with stops underneath. So damn perfect too. See, even in a panic, Bitcoin behaves in a technically perfect way. It doesn't every day, but a hell of a lot of the time. So we missed the big moment of the day. Now we know the new line in the sand that separates bulls from bears: 8533 is new number of the beast for now. The line rises higher with each failed attempt. Bullish, still So Bitcoin continues to grind higher after that failed bear raid left an enormous pin bar at 8533: buying interst down there is strong, therefore. Most of the price action is still taking place around the uppermost parallel... The Chinese session has seen Bitcoin bid up to new highs, driving higher all session once the bear raid had failed so abjectly. Even at these levels it's still not working out for them. So Alts v Bitcoin have taken a hammering and only now have a little respite as Bitcoin unwinds an overbought condition at the highs. Once again want to wait to see how this consolidation develops and what pattern Bitcoin slings together next. Looking like a dynamic is forming off the top which we can maybe use as an entry point later when it gets broken to the upside. We don't have to trade every minute, though younger bulls might disagree. So it's a waiting game here for now. In meantime look at the chart action last night. Order, perfect order within a moment of chaos. Till later.
BITSTAMP:BTCUSD
by sumastardon
5
GBPJPY - long - The Beast may end the correctionThe Beast may end the correction this week. My analysis is based on time projections and on important structure observations to the left. For entry use some price action potentially soon to come (e.g. bullish candle formaion in 4H-chart) Stoploss 10 pips below that price action signal. Next target: 154-156 Something is going to happen end of the months around the red vertical line in the target box. * this is not a trade call! * it's your own risk which should not be more than 1% of your account in this trade.
Long
by mlbo
1
666 and the Conspiracy to keep the price down Bitcoin has been trending around the number 666 preceding the Bitfinex hack. This strong tendency towards 666 cannot be ignored as yet again we rise towards the number of the beast. Bitifinex has released its plan for repayment and socialized losses and certain things are striking. Firstly losses stand at only 36.067% when nearly all the coins were stolen which means there were huge cash accounts used almost exclusively for shorting Bitcoin on Bitfinex that are now drained and we may see an enormous release of downward pressure. Certain financial institutions hate Bitcoin and have been pressing on the price but no longer will the systems shills be able to keep us down. BFX had nearly 200 million dollars in cash when it was hacked and that money can no longer be used to create resistance . We are going back to 666 and then moon.
BITSTAMP:BTCUSDLong
by MarketQ
DAX DOOM >>> Trade The Beast <<< 2666.00 PointsHands down, I am not a big fan of the world going to hell. Well, .....#itshappening. It prolly won´t end nice, but this one is quite the beauty. Everything is lining up "perfectly"! Not only chartwise, but also doomentally. Full spectrum rektage ahead. With regards to the DAX1.29% , the July is going to draw a bloody -25% (pre-)doom candle from 10,666 down to 8000 points (2,666 in total). As said, a real beauty. Beast Mode: ON Stay safe & Take care!
INDEX:DEU40Short
by khun