Bottom
Neutral Channel 🎚️ Long Opportunity 🟢 $40k Within A Week 💰Neutral Channel 🎚️ Long Opportunity 🟢 $40k Within A Week 💰
"Anyone can draw lines onto a chart, but not every line is representative."
This idea is the same as the previous one from another aspect.
💳 KEY POINTS:
- Bulls Successfully Broke Very Bearish Channel
- Price's At Support In Neutral Channel
- Bears Are Tired: Multiple Bullish Divergences On RSI
- Bulls Are Still Energetic: Higher Highs on RSI
- Historic Invincible Support Hit
- Dumb Money Opens Shorts (At Support...)
- Smart Money Bought The Dip
- Psychologically Tempting Target: $40k
- Funding Rate Favors Longs
- Excellent RRR: 400%
- Every Time In History When BTC Hit This Support Then Hit $40k Within A Week
- - Next Week Will Be Green
- - - Possibly Starting From Sunday
🌌 OUR SIDE:
POSITION: Long
LEVERAGE: x10
ENTRY: $32 000
STOP LOSS: Daily close below $29 900 and staying there for six hours
TARGET: $40 000
Bull Takeover 🐂 Exhausted / Trapped Bears 💀 Target $40k+ 🚀Bull Takeover 🐂 Exhausted / Trapped Bears 💀 Target $40k+ 🚀
Our position is:
Side: long
Leverage: x10
Entry: $32 000
Stop loss: $29 900
Target: $40 000
Ancestor Idea:
See RELATED IDEAS, "We 💎 HODL *** Bet on V-Shaped Recovery *** Bears = Weaklings"
NEW UPDATE:
- Bears lost all momentum
- Bulls broke up bearish channel
- Potential bottom formed
- Whales became bulls
Long with us, and let's annihilate all bears!
Short -> Die poor under a bridge
Long -> Buy out TESLA from Elon Musk
Golden Cross 🥨 Bullish Resurrection ✨ Long With UsGolden Cross 🥨Bullish Resurrection ✨ Long With Us
"It's Death Cross, but you trade it the wrong way."
📗 EDUCATION:
Death Cross indicates a Bearish trend, but most people trade it the wrong way.
All profitable strategies want to buy low and sell high.
So, the Bearish trend should be when you buy, and you will sell in the Bullish trend.
Also, Death Cross's a lagging indicator, which means FUD already hit the markets.
Now, low prices make excellent buy opportunities.
Another lagging indicator is the Golden Cross, which indicates a bullish trend.
You trade a lagging indicator before it happens.
Since a Golden Cross follows every Death Cross, now, you want to focus on buying before the Golden Cross happens.
While the uneducated masses FUD about Death Cross, professional traders focus on the upcoming Golden Cross.
Do you follow the herd, or do you follow the professionals?
📊 KEY POINTS:
- Bears Lost Their Momentum
- Smart Money Left Shorts
- Smart Whales Are Bullish
- Bulls Broke Up Bearish Channel And Established New Price Support Line
- Downward Price Support Line Holds With Retest
- Local V-Shaped Recoveries
- RSI Found Support
- Funding Rate Favors Longs
- Excellent RRR: 400%
- There Are Too Many Dumb Shorts
🌌 OUR SIDE:
POSITION: Long
LEVERAGE: x10
ENTRY: $32 000
STOP LOSS: Daily close below $29 900 and staying there for six hours
TARGET: $40 000
Support Hit 💸 Bear Trap 👿 $40K In A Week ◀️Support Hit 💸 Bear Trap 👿 $40K In A Week ◀️
"Look someone opened a huge short... Oh, he was too late."
KEY POINTS:
- Bears Are Tired: Multiple Bullish Divergences On RSI
- Bulls Are Still Energetic: Higher Highs on RSI
- Historic Invincible Support Hit
- Dumb Money Opens Shorts (At Support...)
- Smart Money Bought The Dip
- Psychologically Tempting Target: $40k
- Funding Rate Favors Longs
- Excellent RRR: 400%
🌌 OUR SIDE:
POSITION: Long
LEVERAGE: x10
ENTRY: $32 000
STOP LOSS: Daily close below $29 900 and staying there for six hours
TARGET: $40 000
We 💎 HODL *** Bet on V-Shaped Recovery *** Bears = WeaklingsWe 💎 HODL *** Bet on V-Shaped Recovery *** Bears = Weaklings
Extremely negative funding rates yield astonishingly bullish opportunities.
Now, you can long and take the money of the newbie bears in addition to your trade profit.
The support line protects your back.
Bears do not have the momentum and volume to break it anymore.
You may counter-trade the herd and, at the same time, copy trade the professionals.
The Risk-Reward Ratio is marvelous:
We compare a potential $8 000 pump to a possible $2 000 dump.
Our position is:
Side: long
Leverage: x10
Entry: $32 000
Stop loss: $29 900
Target: $40 000
See our previous idea, in RELATED IDEAS, "Beware of 🧟♀️ Undead Bulls! And they can Moondance".
Our success rate has been 100% since we joined TradingView a month ago.
To join our community and browse our private ideas, type "OXY BITS" in the Telegram group search.
$PCELL break in market structureThese companies in the hydrogen bussines took serious hits after massive runs seen last year, to me they dropped enough to look for positions.
Took a postion based on the higher low, now looking for that higher high to confirm HTF break in marketstructure.
Will add on break of local high.
Very bullish for these kind of diruptive technology, market for renewables is going to explode this decade.
ARMK Daily Buy SetupNYSE:ARMK looks very bullish with a nice bottoming pattern on top of the 200 EMA. It looks almost like an inverse head and shoulders bottom
The buy setup entry is at $38.05 taking out the high of today's bar
If you want a very aggressive stop loss I would use the low of today's bar at $37.46
A more conservative stop loss is below the June 4th low at $35.52
Beware of 🧟♀️ Undead Bulls! And they can moondance.Beware of 🧟♀️ Undead Bulls! And they can moondance.
"Your Death-Cross is here, but Bulls aren't dead."
What now?
KEY POINTS:
- Bears lost their Momentum
- Smart Whales are not Bearish anymore
- Downward Support Line holds
- Local V-Shaped Recovery
We could open a Long position here.
ENTRY: $32 000
STOP LOSS: Daily close below $29 900 and staying there for six hours
TARGET: $40 000
Bitcoin 2021 bullrun using Beam Bands and Gann FanI decided to use the Gann Fan fib along with the Beam bands to illustrate the possible trend we are seeing with Bitcoin currently. We may have seen the bottom with Bitcoin at the low of $29k level. There has been much fud and talk of the bull run has come to an end but I am of the opposite thinking and believe we are in the middle of this bull trend. I am still, like many in the Bitcoin community, seeing a possible $300k plus target for Bitcoin but years end. We will see.
Statistically ,this drop is an amazing BUY Hi crypto traders,
Thought process:
I calculated the time between the top and drop each time the price fell more than 15% during the previous cycle. The average time was 30 days. Similarly, I did the same but from the top to new ATH with average time of almost 100 days.
Conclusions:
1. It is important to note that when the BTC price drops, it is only aprox. 1/3 of pain. We still have 2/3 of the pain on the way up with fear and uncertainty and people calling for lower prices.
2. Statistically speaking, we have already bottomed 20 days ago. Now we haver until mid-end of July to go through fearful times caused by mainstream media and youtube “influencers” (between us, they don’t provide better odds of success in trading than a flip of coin).
SNDL: Will it fly again? It seems so.Hello traders and investors! Let’s see how SNDL is doing today! It has been some time since we talked about it, so we have many things to update!
First, for several months, SNDL did nothing, but now it seems it is waking up again. When it broke the resistance at $ 0.79 we had something new, and now we are in a clear bull trend with higher highs/lows.
Any pullback must be seen as an excuse to buy SNDL. Now, we are heading to its target in the daily chart :
It seems we have a rounded bottom , and some would say that this even a Cup & Handle, but this is not important. What matters is the meaning of this movement.
Right now, we have something new on SNDL, as the price is not dropping or in an accumulation anymore, and what’s even more interesting, the volume is increasing . This means that the players are excited about the stock, and technically speaking, our next target is the $ 1.75.
Let’s see if SNDL wil hit there again in the next few days. Meanwhile, remember to follow me to keep in touch with my daily updates, and support this idea if it helped you!
Thank you very much!