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.
Dip
"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.
Dollar Cost Average your ONT.Hello my fellow Coco Jambo's!
Remember the post regarding ONT?
ONT almost went to the moon and was unstoppable, but we never buy tops! We need a historical chart to predict future outcomes.
ONT followed my Coco Lines exactly like i wanted to and I just love it when a plan works out!
MacD isn't showing a reversal yet, so we could go down further.
Goodluck trading!
58.COM - $WUBA - Dip Buy - Quick Swing TradeLooking at $WUBA's last earnings (beat $0.12) and revenue (beat $22.26M / +36.4%) on 5/24 - I see that it is currently trading below the 2x standard deviation band on the linear regression line. I'm going to monitor for entry in the next couple of days and scan for news related to this company. Looking to swing trade some Calls as it re-enters the linreg bands.
Gardner Denver Holdings - $GDI - BTFD! - outside of stddev bands$GDI - Looks to be far out of the linear regression 255-day - 2x standard deviation band. I haven't found any negative press upon an initial screening, so I'll prepare tomorrow morning to search in depth to find more news / catalysts. Otherwise, I plan an entry into some calls while I BTFD.
6/14/18 GDI is going to perform a presentation at a conference. I'm assuming it's not a big deal or major catalyst, but who knows.
MKSI Instruments - $MKSI - Dip$MKSI is trading far below the 2x stddev on the linear regression 255-day chart band. I'll be monitoring this one for the next few days, scouting an entry. I haven't found much news with a preliminary sweep, so I'll be aiming to buy calls before their next earnings report.
BTC: Beautiful shortHey everyone. Have to take the time to thank a fellow trader for making an awesome observation. Bitcoin was moving sideways yesterday but was showing a "barbed wire" style movement; pretty crazy wicks up and down. He identified that the last several times we had barbed wire we went down. I opened a short with a tight stop with a full 1.0 BTC and was able to close it at a $710 difference. Not a bad profit for a Sunday morning. Surround yourself with intelligent people, and always verify sources and for yourself.
Post consensus downtrendA little late with publishing this TA but is still fully ongoing
It seems that most expected an immediate bounce after the Consensus Summit 2018 but this didn't happen, e
From a fundamental stanpoint there are mostly good news but we lack volume and big investors
Some hours ago price broke a daily support @8240, entered in a bearish scenario and confirming the falling wedge that could bring down to 7700-7300$ price level
If we take a look at the weekly chart, price could touch the 50 SMA around 7700$ with a short spike down to 73xx$ where a weekly support is present
In that case we could have a possible oversold on the daily chart and reach the 0.768fib, a strong point for leading to an accumulation/lateralization phase and then a change of trend
A price lower than 0.768fib should anyway cause some concern and we'll have to look carefully at the triangle bottom trendline and watch for some panic action.
A good time for placing positions but using small allocations at least until a strong long signal is identified!
AMAT - Buy the post-earnings dipThe fundamentals:
Another quarter of solid growth for Applied Materials, who provide equipment used in semiconductor fabrication. While investors cheer on (the now overbought) MU, AMAT also has room to grow. Even if growth appears to be slowing, this dip puts it at a good price.
The technicals:
RSI(15) is just under 50, meaning it is neither overbought nor oversold. The current price is also in the bottom half of the Bollinger Bands. EMA50 has been decreasing for the past 2 months, but remains above EMA200. Implied volatility (IV30) is around 30% for options.
The play:
Long under $52, targetting $58. Buying calls can be a good play while volatility is relatively low. You can also sell covered calls
Graphic Packaging Holding Company - $GPK - Quick Dip SwingWatching $GPK for significant increase after the $0.02 ER miss. I'm considering the dip qualified since it holds far below the 255 day linear regression 1x stddev bar.
Their Revenue was in-line and the miss on earnings was rather small. I'm looking for a push up to at least my Price Target of $14.80.
I purchased $15 6/15 calls on 5/14 and expect to sell at my PT.
I don't expect major catalysts / news from these guys, I'm just looking to swoop this dip with a little bit of leverage.
Constellation Brands - $STZ - Dip on hot growing stock! I'll be looking for confirmation of continuation of $STZ 's bullish growth before buying in, but this one's on my radar.
Ex-dividend date of 5/10 likely didn't help push it much higher in the past few days.
There is a catalyst in the works though -- not only are earnings to be reported on 6/30/18 but they are invested in Canopy Growth (Canadian cannabis grower) whose stock is to be listed on the NYSE in the near future. From what I found they have a 10% stake in Canopy Growth. Either way, I look forward to the run-up towards earnings. I'm going to wait to exit some other positions then go ahead and pick some calls, likely for 6/29 or so.