Diamondhands
BTC - Paper or Diamond Hands? New ATH Incoming Analysis:
- Fibonacci Retracement
- Order Block Analysis
- Support & Resistance
- Liquidity Points
Target 1: $70698
Target 2: $78307
Opinion:
Control your emotions!!!
If you sold your coins and/or lost faith in BTC then you have a lot to learn
Elon is not to blame as the sell off was already in the charts if you knew what to look for
This is the perfect buying opportunity!!!
BTC may drop even lower and guess what I will be doing? BUYING :)
I believe we will hit $100K before the end of summer
I have attached all my recent BTC charts
DOGE Crash Has Began!!! 15 Cents is Next!Doge has completed 5 waves as seen on the daily chart. The 5th wave has been confirmed with divergence on the RSI. Also, not shown is the 5 waves within wave 5 have been completed and now the decline of Wave A has been completed (subwaves not shown). Also, shown is a trendline marking the top of Wave 1, 3 and the blow off of Wave 5. Bitcoin and altcoins have also already created topping patterns or in the process. After Wave B completes wave C will start and the target is about $0.15 based on the projected fib level, the bottom of wave 4 and other fibonacci levels. At that time one should consider to reestablish any longs in DOGE.
Sharp uptick in BTCD,Sharp downtrend in Total2...to be continuedLooks like weak hands have reached levels where they are freaking out, giving up, and shedding their overvalued alts into the market-just the beginning imo. Have a feeling there is going to be some clean up in the near future before there is any definitive bullish market state for alts or btc. Only time will to hell.
If it loses that support, there is a huge double top in play and I suspect that will take us down to .382 approx 700billion. Loses that crypto, across the board, is bear, imo.
*Beginning trader and technical analyst. This not financial or trading advice.
CRYPTOCAP:TOTAL2 COINBASE:BTCUSD CRYPTOCAP:BTC.D
DOGECOIN BREAKOUT IMMINENT?!? To the moon?!?After a fairly long consolidation period folowing all the hype in January, it appears that Dogecoin is about to make a breakout from the small bull flag that formed atop the breakout from the bullish pennant that spanned from January 28th, 2021 until April 1st. This could be astronomical. What are y’all’s thoughts here?!?
I am not a financial advisor. Make educated investments at your own risk.
$GME - Poised For Another Squeeze Towards $324Looking at the 30 minute chart, we can see that $GME is forming an inverse head and shoulders pattern. However please note that prices are yet to break above the confirmation line which is right around the 220.00 area.
An important factor to note here is that the right shoulder is forming above the 5DMA and the slope of the MA is positive. I therefore expect prices to find support at the 5DMA and continue higher and retest the confirmation line and complete the right shoulder.
Thereafter is about breaking above it and I expect a strong burst in volume if prices do so. A good way to confirm a valid break is to wait for prices to close above the confirmation line before getting in.
A pattern failure will happen if prices close below the low of the right shoulder which is around the 160.00 area and thus becomes a good level to place a mental stop loss at. Provided prices confirm the pattern, I expect prices to retest the highs of 324.00
AMC to the Moooon. Apes stonk together!For the first time in history, the average Joe can make a real fist against the financial system. In 2008 there where a lot of financial companies who were bailed out and lots of average Joe's had to pay the bill. The wound is still open, the debts were real, the houses they had to left, were real, the cars they had to live in, were real. Their PAIN is REAL.
It's never bin more obvious as it is right now, you can feel it, the time for revenge is NOW. They are united in achieving their goal.
This is not only for the possible gains, it is about showing the world the financial system is corrupt and our governments have to do something about it.
Trading via Dark Pools was created to protect the market, now it's mostly used to move the price in the direction they want.
Shorting a company was created to get too much air out of the price of a stock, now it is used to demolish companies only for their gains.
It's time the wealth get more equally distributed over the people.
No financial advise, but I love this movement and this stonk.
Diamond Handed Apes stay strong!
BTC SELL OFF HAS STARTEDWatch as the Diamond hands turn to Crystal. On March the 17th I called the end of the Bull run on Twitter.
Good opportunity for short Futures or Sell trades whatever your flavor.
Weekly: Price closed just above the previous Top, although this would generally not be considered a Double top, nothing is perfect in the world of trading. Its a strong bearish signal nevertheless. Price is rolling over nicely
Daily: 6 out of the last 10 bars are red, quite a gap between the EMA's which is further confirmation.
4HR: Psychologically anything below 50000 is going to force a selloff, we are already seeing plenty of evidence of this now around 53000. 21 and 50 EMA's have crossed. Critical Support is looming @ 53213. Overall purchasing volume has been declining for weeks despite a couple of pumps from fundamental alerts like Elon Musk and the likes. The follow-through from his tweets hasn't had the impact that others have. More sellers/holders than buyers. Another contributing factor is the good old Winklevoss twins as soon as volume drops they start tweeting all kinds of things like "Institutional investors have 1.5 billion is sitting on the sidelines ready to enter" It's in their best interests for BTC to forever climb as their personal holdings combined with Gemini's holdings are significant. Like trading, 90% lose 10% win if the crowd is bullish where should your attention be?
Interested to hear your analysis if you agree or disagree, leave it below. BTC has some of the best debates on the planet
PS, I'm an early adopter, not a BTC hater. The 100K target will be breached next bull run, economically there are no many factors like Covid and China's behavior in the South China sea that has investors sitting on their hand's atm.
short term bearish, but still confidently BULLISH long 🚀🚀🚀TECHNICALS
Elliot Wave Theory Fractals look consistent so far
Volume is rising since mid-January, meaning continuation (better seen on the 1D chart)
Stochastic + MACD indicators showing BEARISH on 1hr chart, but BULLISH on 2hr/3hr/4hr timeframes.
SUPPORT LEVELS
176
157 (lowest level I expect it to go down to)
116
85
FUNDAMENTALS
Quadruple witching on Friday 19th MAR
Earnings report on Tuesday 23rd MAR
NOTES
It needs some rocket fuel because right now volume is stagnant in general, hence the bearish movement. But I think fundamentals will give that the boost it needs, so I'm not worried and will be hodling .
General belief is at some point * it will reach the pink 'X' at approx $1100-1200
*don't want to put a timescale on it and create false hope/paperhands
OMGEURShort term - 5.7
Medium term - 12 (if btc bullish trend is still intact
Cup and handle pattern
A little further down to goThere is a CwH that will complete in the next few days or so. It will also be consistent with an established trendline and the Gann Fan I've been using with great success to track the price action.
I'm very bullish on GME. There are more short positions than there is stock, so all we have to do is wait and this thing can go up as much as there is money in the coffers of the shorters and their insurance. Strange but true.
CETX: DIAMOND HANDS SWING TRADESo yesterday i day traded this stock in the first 30 minutes of the open. My favorite day trade strategy formed and i was able to buy in at 3.35 and sell at 3.60 within 15-20 minutes for a nice 8% return.
However i got greedy in the afternoon and decided to reenter (with bigger size stupidly) for a sympathy bounce as price was flirting with support at the $2.85 range.
I didn't end up selling with the crowd, which i think i should have done at the moment, but i put a stop loss on and headed to work.
I noticed that i wasn't stopped out at work yesterday and seen that price is really trying to hold the $2.35 range.
Looking back at the chart i see that at that level and the $2.00 level there is quite a bit of resistance.
After reviewing this morning i decided to go with the diamond hands approach and only sell if price really destroys previous support levels.
The longer this plays out, the more confident i feel about this having another run up (similar to INVO this month or WIMI from October to present)
Price is really consolidating and holding the $2.00 area and forming a nice bullflag looking pattern.
With this stock being on the SSR list tomorrow, holding $2.00 level and I believe there are some retail shorts looking to ride this down to the gap at $1.66 I think tomorrow can be very interesting.
They also announce earnings on the 18th and beat expectations last earnings report. I also like their SmartDesk Product and surprised this is not more popular with the price point they offer it at.
Well i hope some luck is on our side tomorrow so i can get out before without playing earnings, but if this holds $2.00 area tomorrow and does not have massive volume i will probably hold through earnings.
Goodluck Traders! Please leave your comments below if your looking at this stock, or are like myself and hold a position. would love to hear others opinions on this one especially!
Has the FINAL Short Squeeze begun? Has the FINAL Short Squeeze begun? Is the Prophecy coming to pass? Is Armageddon finally here...... Hedgies will begin to run.... and by run, I mean COVER.... Good for us.
Price is up from 52+-, TO 80+ opening 30 minutes. Volume is higher than it has been in the previous 6 trading days for GME.
Broke multi day trend lines. Is reproaching the 200 day EMA at around 122 +-
If this happens, I believe it will rebuild support at these levels, and it will begin its take off to the stratus sphere. Why is this happening now?
3 potential reasons?
1. Price is Low... 50 or so a share at open and MANY who have heard the calls to action want to get in.
2. Many who are holding want to double down or average down (Increasing buying pressure)
3. Hedgies who are short GME, in great volume, need to act. The rising interest on their short positions, AND potential LOSS of gains from the Armageddon soon to fall upon us is incentivizing Hedgies who are overextended on their shorts to GET out asap before their realized gains are gone or before they CAN't get out.
Theoretically, if NO ONE SELLS. Everyone HOLDs with Diamond hands, and more shares are purchased, there will be NO outstanding shares for Hedgies to buy in order to cover their shorts. Causing the price to rise dramatically and only stabilizing/reversing when WE SELL. I will be waiting happily with diamond hands for the prophecy to unfold. Good luck. This is NOT investment advice. I don't know anything. Please don't listen to me and do your Own research........ I just REALLY Like the stock.
View my Tradingview account for in depth overviews and analysisThis could be bullish in the short term if this double bottom performs well here on the 15 minute. We broke $1400 support so we are of course in a bearish trend. "if its up then its stuck" , not in the case of Ethereum. What goes up too fast can cause corrections like this, in terms of long term growth, pull backs like this in my opinion is very healthy. Keep an eye out for divergence on the RSI. Always view larger time frames then scale down and compare your signals on smaller time frames.