Leaving this with almost no description intentionally. What is the community thinking about it?
Traders, There is now an amalgamation of indicators on a plethora of charts confirming the thesis that our blowoff top is now underway. On this chart, you can see that our candle close today confirms the breakout and significant move upwards. At the same time, our dollar has broken a very significant support, the neckline of a large and ominous head and...
#TECH Stock zero idea what this company does but the chart looks great on a Log scale #Blowoff top all stars are aligning
Nifty has formed a perfect blow-off top indicating a sharp fall to happen very soon and retrace the entire blow-off top pattern range
Guys, I had to redo this chart because of the fractal on the previous chart not coming out correctly. This is an ascending channel that XRP has been respecting as you can see from top in 2013 to consistent touches at bottom of this channel. By taking the fractal of 2013 we can get a possible idea of the price if we get to the high of this ascending channel.
I am looking for last big pump before next bear market. Expect a lot of euphoria in next months followed by big dump and probably 50-80% correction (bear market) until next halving.
Maybe looks too bullish but i think we can see a little bit consolidation in September 2021 probably slighty red month, before so big pump in Q4 and maybe blow off top.
Right now we retested the distribution zone and not much upside left IMO. The Wyckoff cycle continues and time will tell us more.
As Wyckoff Method we should be in Phase C: The stock price goes through a decisive test of the remaining supply, allowing the “smart money” operators to ascertain whether the stock is ready to be marked up. We are near to Phase D. If this plays out the whole market should follow, barely we walk on a string.
Crypto fear index suddenly raised from fear to greed 20-70 in over a few weeks. Let's see how it plays out later.
Simple pattern matching from the previous 2017 bullrun, 14 candles matching cycle bottom to cycle bottom. And the remaining 3 candles were the blowoff top.
CHART SHOWS A CLEAR WAVE 4 DOWN LOOK FOR 51000
We have all seen the madness of the markets and crowds this week, WSB heroes are killing off hedgies with no remorse. The last time we saw similar price action to today in tech stocks was June, and more recently September. These instances followed a well defined sequence. ✅ A large selloff in 30Y and 10Y bonds, followed by a bottom and recovery ✅ Massive FAANMG...
WAVE STRUCTURE IS AS FOLLOWS THE RALLY THAT PEAKED IN SEPT 2018 WAS THE TOP OF 3 WAVE 2 DEC 2019 LOW WAVE 1 OF PEAKED FEB 10 WINDOW WAVE 2 OF BOTTOM RIGHT INTO MY TIME SPIRAL MARCH 18/21 WAVE 3 OF 5 ENDED INTO THE SPIRAL AUG 25 TO SEPT 4 FOCUS SEPT 4 WAVE 4 DUE OCT 28 PLUS OR MINUS 1 DAY WAVE 5 OF 5 OF5 IS DUE JAN 10 +OR - 3 DAYS SUPER CYCLE...
Of all the securities in this momentum-driven market, Tesla holds the crown as the epitome stock for the wild-eyed Robinhood noob madly buying from "Fear Of Missing Out." So if we want to see when this momentum driven market is going to break, watching TSLA as an indicator is probably a good plan. Tesla has a great story, a colorful mad-genius CEO, and has...
Seasonality ends for June somewhere around the FOMC statement with a slight pullback into the end of the month. This looks like a classic blowoff wave here and we may need to come back to test previous support. I predict that the buying frenzy into this FOMC statement in tech and banks was predicated on national reopenings as well as the seasonal effect in...
cloud + volume profile make an interesting proposition. so many volume profile gaps above , daily at cloud , last week sustained upward pressure , are we going up or are we going for a blow off? Possible inverse head and shoulders to add to the mix could this touch anywhere near the green 200 day sma
Now, generally, I think giga-shorting indices as they push all-time-highs every single day is a bad idea. Trends shall remain irrational longer than you can remain solvent, the Federal Reserve is incessantly printing away your purchasing power which means there's more money to pump your stonks, and trends, namely the centuries-long bull trend, have been so...