WYCKOFF - A BITCOIN MOVE!I've been implementing this macro pattern in my trading activity even before 2023 started, due to the Tritch Matrix, a cycle theory of investment proposed by George Tritch. The theory suggests that it's time to purchase assets at the beginning of a new cycle, which is predicted to peak in 2026.
With this understanding, investing in Bitcoin seemed to be the optimal strategy considering its past performance trend. Currently, we can observe the perfect unfolding of this pattern and can identify our existing position. Moreover, it's important to be aware of the recent manipulation tactics often employed by the media to affect markets, particularly retail, nudging them into providing liquidity, also referred to as 'Dumb money.' Don't get caught out - have a plan and stick to it!
Cramer
NVDA Nvidia Double Top If you haven`t bought NVDA before the previous earnings:
Then it's important to note that technically, we're currently in a double top formation, which is one of the most bearish chart patterns. While I anticipate NVDA to rise by the year's end, it appears bearish for the next month.
Everyone is panicking!!! #USDC depegs! I accumulate :)#BTCUSD the down channel is self explanatory. Breakout and retest.
I'm thinking about 2025 and acting like a smart player.
During despair it's tooo easy to click the sell button along with the crowd.
Like it is too easy believe the paradigm and buy near the tops.
The USDC peg will be restored. Circles losses are actually quite small, and their treasury holdings generate a large yield.
Jim Cramer has been telling to sell for 9 months so u know it's the best time to accumulate :)
Cramer - Accumulating for next move upLow cap altcoin with huge potential, I can see that this token is in a accumulating phase. It's currently at 1M market cap but I could see it easily reach 10-20m MC in the near future if it breaks up above the support zone. They have the best meme's on crypto twitter and they are launching their platform "Chad Money" soon.
Of course this is a degen play for us crypto investors, But I wouldn't post about this if I wasn't confident to see a strong move in the future. As I said, It could take time, but when it comes I believe we will see some incredible numbers upwards.
The higher the risk, the higher the reward.
Ready for tomorrow? NKE prediction for the next few days This is not financial and I barely, if at all, know what I am doing. But, please follow if you like my predictions.
I thought I would chart NKE because Cramer talked about it the other day and it's fun to watch his inverses. He said Nike was a good buy at the end of last week.
I figured with an economy that is in a recession (not technically), inflation out of control, supply issues, and Covid over in China that this would be a good opportunity to predict a severe downtrend.
There really isn't much in the chart that needs to be stated. The trend is really bad. It is on a steep downtrend and I am expecting a much more serious dip before the middle of July.
The only support I see in the long run is at about $95. If it breaks $95 then I could see an even stronger dip to $65. The last time it was at this level was in 2020. It is already making new lows.
Can Stop? Will Stop? GameStop.story time: back in da day ur pal coinholio took some of da bix bugs ($5.00) profits from $NLS and shorted a lil company called game stop. needless to say, dem puts are now $0.01 on robinhood!!! wtf!
i ask google what happen, how come i didnt make magic money time buying thems puts at $4.00 to $1.00? well it turn out dat lotta peeps had da same idea, see, when blockbusta went out of bidness, everyone be came an expert on things going out of bidness. so a buncha resmarted peeps who already knew this knew dat deems peep were gunna gunna buy da puts. big brain 4d chest.
now we are at that time where peoples are expert again in the other way, tha stock went upps, so peeps think it go higher.
i really was gonna become short again, but then i read some smart dd by soyboys on wall streets bets. they said that gamespot was gonna make their stores into COMPUTER SHOPS AND HAVE BUILD YOUR OWN PC !!!! =0 =0 =0 =0
needless to say, knowing dat gamestop was pivoting to da bidness model of radio shack and circuit city made me change my view, and now i am 100% bull. wahooo!
after i become rich off this idea, im gonna find more cool advice on reddit by going to r/tinder and asking for profile tips!
Congrats to Subscribers! Fastenal up over 15%It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are likely to make a stand.
MasterChartsTrading Price Action Indicators show good price levels to enter or exit a trade.
The Blue indicator line serves as a Bullish Trend setter.
If your instrument closes above the Blue line, we think about going Long (buying).
For commodities and Forex, when your trading instrument closes below the Red line, we think about Shorting (selling).
For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts ).
Be sure to hit that Follow button! Please find me on social networks via the link on my profile page for more ideas from MasterCharts!
Preparing for March 11 earnings week (ULTA)
- Earnings on Thurs after close
- Nearing its ATH at $322 (Nov 2018)
- Cramer is bullish
- 1 year chart uptrend is very good
- The question is if it can break the ATH or not
- What is different now than it was in Nov 2018?... Maybe the market is healthier overall
- It is trading above the VWAP and the SMA is in an uptrend
- I am bullish here and would think about doing a vertical spread at the money $305/$310. This would be a rather conservative strategy, in case there is a pullback at $322. I do not see the stock plummeting very far either, seeing that it's been growing so steadily in the last 1 year.
CVNA, you soar too high. I think CVNA is going to blow off some of these gains because Cramer noticed it and talked about it.
This is where we can test the Power of (very entertaining) Television Personalities.
I heard Cramer explain that this stock has no reason to be on such an upward tear. When I got home, I checked the charts. Indeed... there's no arguement. It's jammin. But why?
And I'll bet most of Cramer's viewers did the same thing today. And they're thinking the same thing. And a few are gonna sell.
So I think that a little put vertical is in order.