Dip
Bottom Officially IN. Final Dip Before TakeoffUsing the Hall and Co trading indicator a BSO (Buy Stop Order) has been triggered indicating a local top. We should've had one for BTC but it didn't rally high enough to trigger one. There WAS however a BSO event for ETH:
Looking back to the last consolidation period after the 2014 Bull we can see that there are two BSO Peaks and two massive dumps to confirm support at the bottom:
That is what we are seeing currently with the most recent dump in the past few hours. If anything it's happening rather soon, but it does also tie into the idea that we start going up properly in May.
Gameplan: buy as much of your favourite crypto once this hits rock bottom at the 3400 support area. If it breaks hard and wick down to 2k then that's a steal of a price. Most traders spread the "never catch falling knives meme" but really the bottom is in and the next final dump is commencing. We could have a third BSO Peak (which would be a never before seen BTC feature) but then it would bounce back to the lower 3000s again and find support. This 3k has been rock solid and I don't really see it breaking down.
Literally get as much fiat you have (that can be kept in internet funny money until 2023-2025) and put it all in when the dump finishes.
Tesla $TSLA - $600+ targetTesla has been one of the most controversial stocks over the last few years. In 2018 $tsla was the most shorted stock in the entire market. If we look at the technicals we can see that Tesla has been respecting a trend line dating back to early 2016, has been tested 3 times since, and has not closed below on a weekly level. This week will be very interesting, but I am 100% expecting a bounce to close out the week.
We can also see that an ascending triangle is also in play, with a $615 target pending a break of $385. Don't listen to the media. BTFD!
10 JAN 2019 - $DOGECOIN Gann FIB Higher Low Trend Mewn Sewn HECC, BTC dumped! Dogecoin must have knewn because it was STABLE trending down for a while now!
Oh yes and it will meeewn sewn :D
such proven much rekked..
We must learn from our mistakes and respecc the price to be payed. Some knowledges cant be priced right.
Bye for now and see you later fren, and beware of the Scammy FUDs
S&P500 -WEEKLY overview - Seems like we are heading down!Hey tradomaniacs,
quick an S&P500 overview.
Do we really recover? Or did the market just buy the low of the range?
Next important Price-Levels:
Resistance: 2.817
Support: 2.761,24
The market showed enthusiasm, but it seems like the market just preparwed another A-B-C-Correction in order to continue downwards.
We will see! :-)
Peace and good trades
Irasor
Trading2ez
Wanna see more? don`t forget to follow me.
Any questions? Pm me. :-)
RIPLEYChilean Stocks.
Pure Technical Projection.
In the begining of the Handle of a Big C&H, price is playing around with all EMAs and seems they want to be strong resistances from now on.
A Shark could be the reversal pattern, but price will need to retrace between 15% to 35% more to find support and the respective PRZ.
"Trust Me, I'm From The Future""Bitcoin tells you what she's going to do. It's on you to listen."
Hello friends,
Here's an idea I'm calling the "ICHIMOKU PARALLELED CLOUD BASE SUPPORT IDEA" Catchy right?
Essentially what I've noticed, is that on the daily cloud we've been following suit almost perfectly with the Ichimoku cloud of resistance.
I traced, copied, and dragged the clouds bottom to the bottom of the candle base(excluding wicks) and used it as a parallel support indicator to approximate the range of volatility & time its moves.
It's worked wonderfully so far. *Note the Ichimoku cloud is a predictive stats tool. It is generated before well price moves in order visualize future support & resistance levels.
I'm currently using the CM_Enchanced_Ichimoku_V5. It's "very nice"
What I see coming on Oct 23 is a 3 day gap for Bitcoin to break out above the cloud and possibly end this bear market for GOOD. With that said, all this work we've done to save BTC the last few months has only granted us 3 day window. If we squander it, then this bear market will have only just begun, because the price likely fall much lower and extend this Bear Market till ~2022. I don't want that. You don't want that. Your bank account doesnt want that. It's up us to help squeeze Bitcoin's fat ass up through this shining window of moonlight to let it become the financial force of nature it was always meant to be. Now's the time to spread the word. We all gotta buy this dip coming up. #TeamEffort
With Love,
No_L
***
If you found this helpful and want to follow more of my TA on Bitcoin, other alts, or if you just want to chat, check discord I work for --> discord.gg
There you'll find expert TA from multiple anaylists, educational videos, streams, project write ups and so much more! It's a little slow at the moment, but it's the best group out there.
COMING SOON: rollinpremier.com
With Love,
No_L
DISCLAIMER:
The information provided is not to be considered as a recommendation to buy certain assets or currencies and is provided solely as an educational and information resource -2.26% -0.13% to help traders make their own decisions. Past performance is no guarantee of future success. It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the attached material will guarantee profits or ensures freedom from losses. I shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained or ideas that I've shared.
Don't panic at BTC Meltdown! follow my scenario!Hi, guys! oh my gosh, another meltdown of BTC to below! i have went short at 6430, but sold at 6350. I thought, at least 4 hr ema, 6340~50 will hold for one day! however, the BTC whales are NOT PATIENT.They had grabbed the chance of a bearish divergence, low time frames overbought, so they went right into it! Overall this btc play, seems to be going
all~ the way I have expected though. Remember my potential inverse h&s pattern that my posted few days ago? yes bearish! from that point on,i have studied and worked out how this patter would look like in coming days!
It seems that in terms of patterns, in the big monthly terms BIG BEARISH Head and shoulder pattern is playing out, in the daily
terms a short of falling wedge is starting to get build up, and lastly, potential inverse H&S might form at the same time! So, the mixture of this game is
Big H&S+Falling wedge+potential inverse H&S playing out!
below is the chart i think from now would play out.
so you can see that we have a h&s, falling wedge, and inverse h&s forming altogether. other TA's will say only one pattern, but i think, a mixture of these three are all building up!
i think we are going to see more lows, and in 1~2weeks 5k zone will become normal, and we might trade in this conditions.
however, i definitely think it will dip low 5k levels, and go test the right shoulder of the heavily bearish H&S pattern, at 7.7k.
I think that run will be mid or late September.
so we just play this out!
so today, we visited 5850, which is just above former bottom(5750). guys let me repeat, don't panic! BTC has always rebounded from its previous bottom, even though the bounce is short lived! let's see the low time frames!
this is the 4hr chart. yes, people are buying at this level. our ris/mfi is maintaining a bull divergence, and 1hr also. you can see the 4hr is making a higher high, at every dip, even though its high is coming low. that means, we will likely see a bounce to test rsi 40 level around 6250~63 level, and it would push higher to maybe 63~64 level to make a bigger bear divergence fall more fall in the coming days! yes guys, this is what i always say."At downtrends, a bounce is only to go low!" all they want is to recharge the battery, only to resume the fall!
try to look for a bull div in the next 12~18 hours. right now, i think it is just trying to make a short reversal structure.
Ok, you guys also know that i tell you my investment plans!
ok, every thing is in the chart. at current point, i think there will be a bounce back to 6k, in the next 24 hours, before the daily close. i do not think they will close below 6k level tomorrow or the day after. BUT! This trading plan is almost invalidated if btc closes below 6k, at 57~59 level tomorrow, and the day after. if this happens, the market will be DESTROYED and so is my plan...that would mean something different to look into with more criticism into the market. also, when you open longs try to see if there is a bull divergence in low 1,4hr timeframes, as well as candle patterns if they make some bullish hammers(it helps the bounce). also, try to buy more when it dips, DO NOT ALL IN at once! also, when it bounces do not open shorts right away, i will update when time comes(shorting plan is not an immediate option when it bounces) happy trading!
DXY Dollar Index Next Trade Point Monday: Buy Dip back to 95.53 DXY Dollar Index
The dollar broke above the 95.53 line on Friday on DXY chart and surged to within 4 pips of the next line at 96.49 by the end of the day before halting.
It's a little overbought and should come off from here back to retest the 95.53 line before rallying once again.
At some point fairly soon it should go on to break above the 96.49 line and move up to the next line of resistance at 97.83.
This chart is usually the best confirming indicator there is for timing tops and bottoms across the Dollar pairs.