Note: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome. BHP has sure been belted, but should we catch a falling knife? - Let's take a basic look at BHP using a...
Bitcoin has gave us some more data over the past few days and it's looking very bullish. You can see a inverted head and shoulder pattern that has broken out with a measured move that will break above the diagonal trend line from the last correction if it fully plays out. The current candle has a good amount of volume to add more confirmation to the breakout. ...
My models say the Fed cannot raise rates beyond 0.5 points tomorrow or they cannot be trusted in the future. We should see a quick rally to end this week and perhaps begin next week, before the reality of $6+ fuel prices set in again and we continue the bear market. Based on historical movement, the trough could occur anywhere in the larger red box. The final...
Based on my previous post on how to buy/sell bitcoin at the best price , the buy signal for bitcoin is currently ringing. According to the chart, the bitcoin price has reached and reacted to the 200 weekly MA. Weekly RSI indicator has reached oversold and also monthly RSI has reached its support at around 45. Those levels could indicate bitcoin's bottom and the...
Bitcoin cows are trying not to sell their bitcoins to new people at a low average price and this is very bad, everyone has the right to have bitcoins. Press them to sell...
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on May 27, 2022 with a closing price of...
BITSTAMP:BTCUSD is looking for a rally to suck in all the buy the dippers only to make one more low towards 23k. Expecting the same for the Stock market. A rally over the next week or 2 before more selling comes in.
Hello Crypto Community and all Bitcoin maximalists !! I'm not crazy and not even someone who calls themselves as a bitcoin maximalist! because we just believe in the future of Bitcoin and crypto space ! today we can see the market is in maximum extreme fear, a huge terrible and horrible crash in some altcoins , but it really was interesting for me when I...
Today, I finally decided to publish what I have in mind for several weeks ! End of half of century bull run? Lets follow ! I really did not want to publish this idea since it is really terrifying but, as it is a possible scenario right now I decided to warn readers to just keep this in mind . This will help us to be cautious when opening long positions, to set...
SPX has made a series of lower highs and lower lows inside a down going channel since starting it's decline from ATH ! We had a strong bounce back after start of war in Ukraine which can be called ((Buy the invasion )) !. Why such a strong bounce back? I guess investors thought FED will be less aggressive after this crisis and they found a reason to flow the...
So I heard a dip bought but the bear market is not over yet. But a short term buy.. then it will drop more. LONGTERM buy I can see is anywhere from 25K and below if it consider to drop a bit more. I would see a Bull dip play anywhere in that area if you are looking for a long buy. Again the bear market isn’t over yet
Luna is doing corrections after the false bullish. We should expect a bullish Area until it’s at the 10.500 or below which will be the strong bullish support level If that area breaks then wait until it hits about 5.00 or below.. Watch the dip and don’t miss the opportunity
A bunch of price targets here. If things drop as fast as they went up, my bear case target is 315 by December 2022. If SPY can keep up above 400 through December 2023- We might have a decade of sideways movement without any all time highs (i.e. 2000-2013) If things continue to downtrend for the next 4 years- 280 bottom by July 2026. I would dollar cost average...
The big moves this prior week call into question where we could possibly be. Are the recession fears valid and will the market tank for the remainder of the year or is the bottom truly near? Let us study what Primary C could possibly look like. DATE TARGET Primary wave A’s length tends to contribute 30-40% of the movement of the larger Cycle wave in which it...
Every investor should ask themselves, are we in store for the usually 20-30% correction? Or are we in store for a market meltdown, similar to the Mortgage Backed Security collapse of 2007-2009? Or the Dot Com bubble during in 2001-2002? I have the most recent corrections in history highlighted, their reasons listed. > It is clear that the current situation and...
In this video, we talked about what i am seeing in the markets right now and the reasons why i am personally accumulating. Us500 has been dipping slowly gradually and we have been smart with accumulating it. Momentum indicators have been showing some weakness but we see an opportunity in the price location. Let's see if we can build some more buy signals with...
The Bullish OB failed to hold on the last setup so we are reassessing and this is my perspective now. I bought in large at 45, and I will add some more to my pot if we come back down into this Order Block. We may not reenter this zone, so another entry idea is to buy the breakout of the trend line. Not financial advice. DYOR. Use proper risk management when...
This is not a trading strategy or financial advice. I am not a financial advisor. Just making note of spikes in Google search volume and the corresponding location on the chart. Remember not to trade on single indications but to build a case. Thank you.