Why btc dump isn't over yetVolatility on the weekly has expanded considerably, which coupled with a red week(which we currently have) marks local tops, I expect further downside to 30k, and if it doesn't double bottom, expecting the previous orderblock at 22 to 24k to hit. Btc also tends to backtest the last weekly ath after breaking it, which currently is at 19-20k.
If it indeed plays out like this the dump will probably be over by january 20-25, and expect the uptrend to resume and gradually pump to 41k and then an explosive move up.
If instead it consolidates at 30-36k for the next few days it will probably not dump. The safe play is to wait out the storm. But current market conditions offer great day trades. This idea is invalidated if there's continued movement above 38k.
Dump
$NAKD is gonna fall todayPupm&Dump trading strategy idea.
$NAKD is rising too much despite the news today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $0,58;
stop-loss — $0,65;
take-profit — $0,44;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Bitcoin bear rally is really different this time! ♫♪oh no!♪♫ As many of you observed, the Bitcoin price usually as of 2021 always makes a quick 2-6 hour dump, then just pulls back up. This pullback is really different... ♪ oh no ♪
Recently, we can see in the chart price making a near 2-week low. It also contested the very strong green line that held 2 scary pullbacks. Well, this pullback is very different. Although at first glance the bear dump is weak because of low volume, it is very strong when we closely analyze the chart.
The dump's volume was strong compared to the minor pullbacks in the yellow highlights in the chart. Also, volume reached a 9-day high, from the last pullback from 42k.
The Moving Average Channel composed of 200MA of the high and low has also been decisively broken! This channel prevented the pullbacks of January 11 and January 4 from going past it. But the recent dump broke it with ease. To verify the breakdown, price had a pullback to the channel, and the bears won. The channel also explained why the previous dumps in yellow highlight barely broke the channel.
This dump is also more powerful because of a prior consolidation, a symmetric triangle. A yellow dump (which I mean by the yellow in the volume heatmap) in a consolidation catches more attention.
In the Effective Divergence Indicator that I made, the purple support/resistance line in the chart is now a resistance, as there was an attempted pullback which failed.
Lastly, I would also like to point out that there is a bearish channel forming, made by the orange and red lines in the chart. This bearish channel is strong until it is broken. Get ready for a slow but steady dump in Bitcoin.
Get ready! It is coming! The dump will start. Many bearish signs give us confidence that a dump is starting. Good luck!
What do you think? Leave a comment below ! Also smash that like button and change that "Follow" to "Following" . Thank you! Cheers!
$ZSAN is gonna fall todayPupm&Dump trading strategy idea.
$ ZSAN is rising too much without any strong news today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $1,19;
stop-loss — $1,30;
take-profit — $0,97;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
BTC Hourly Updatewe had really nice correction for Bat Pattern as i mentioned at the previous BTC Update. After that we see that price is trying to recover itself again.
as you see we have also symmetrical triangle pattern too. there is two strong key level around 40K and 30K which act significantly as support and resistance.
and two vital level as i mentioned as blue are very important in the chart that need to hold.
there is two possibility for price action:
1: going up to the key level, make a double top and start to falling down or break out from triangle and falling down
2:going up and stabilize above the key level and going to hit new ATH
what do you think?
$AMTX is gonna fall todayPupm&Dump trading strategy idea.
$AMTX is rising too much despite the news today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $4,08;
stop-loss — $4,30;
take-profit — $3,64;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
DELTA AIRLINES - SERIOUS BEARISH TREND (WEEKLY CHART)--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DISCLAIMER: I have no political affiliation, constitutional or governmental bias when publishing these forecasts. They are my own opinion as I personally see the market.
All Charts forecast are NOT Financial advice, I am not a financial advisor, nor is this financial advice. It is for educational and personal trading purposes only.
TRANSPARENCY: Any 'STOCK' I publish/forecast, on Tradingview, means I own a percentage of stock in the listed company and I am sharing with the tradingview community my thoughts, good or bad.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DELTA AIRLINES (DAL) has a serious BEARISH trend pattern that has already been confirmed by the break in the bullish trendline marker as well as a confirmed Level 3 High and an almost completed Level 1 correction.
----------------------------------------------------
THE FUNDAMENTAL ANALYSIS
The fundamental aspects of this stock are particularly dependent on:
1/ Number of customers that fly Delta
2/ The behavior of Delta Staff (includes BOTH Upper Management AND Flight Crew)
3/ Public Health Issues: eg. Covid
4/ Political bias/affiliations
I shall analyze each important fundamental part below
1/ Number of Customers that fly Delta: In a public announcement here: https:// news . delta . com/delta-flew-record-number-customers-summer-heres-how
Delta claims that "records made and broken" where Delta claims "Between May 24 and Sept. 3, Delta flew nearly 60 million customers, including the airline’s new record customer enplanement day on July 26 when nearly 662,000 flyers took to the skies on a single day."
The figures certainly show strong customer loyalty and engagement, yet this is not reflected on the stock price!
2/ The behavior of Delta Staff is of Great concern, especially when politically or socially motivated behavior is publically broadcast on both mainstream and alternative media.
I have always been a supporter of good business and health/safety practices, for both staff and customers. However in lieu of the current COVID situation together with political bias, has somehow turned an Airline into a social justice warrior platform where Staff (both upper and lower management) feel the need to become health experts and police.
The fact of the matter is, Delta airlines is a TRANSPORT company, they transport both humans AND freight, together and/or separately. Thus Delta Airlines is NOT a medical institution nor is it a law enforcement authority. So the question must be asked, WHY does Delta Airlines force customers to wear masks in states where Marks are NOT compulsory? WHY does Delta Airlines punish customers because children younger than 2 (which are NOT required under the CDC guidlines: https:// www . cdc . gov /coronavirus/2019-ncov/prevent-getting-sick/cloth-face-cover-guidance.html) do not wear a mask? Delta Airlines is a TRANSPORT company, NOT a Medical Institution or regulatory body, thus should NOT be forcing customers to wear any masks that are not compulsory in the state of embarcation, nor should they be punishing customers that do not follow these regulations either. Law enforcement should be left up to law enforcement angencies NOT Airlines or Transport companies !
Why do this matter? Because this kind of behavior digs into the bottom line (profit) of the airline, thus reducing returns and decreasing the value of the stock, as Delta is totally dependent on it's customer base, NOT the government, law enforcement or the medical regulatory body. This is Disgraceful behavior and marginalises all customers, ultimately forcing them to fly with another airline.
This is NOT correct business practice, it is called virtue signalling which has NO PLACE in Business !
3/ Public Health Issues is of major concern, especially during the Covid situation. However, there are MANY problems relating to this issue with regards to Delta where the bahavior of upper management is just as immature and dangerous as lower management and staff.
a) The first issue is the number of complaints that have arisen after the CEO Ed Bastian, confirmed that the airline would continue to add customers to a No-Fly List because customers did not wear face masks. See article here: https:// simpleflying . com /delta-no-fly-list-mask-refusal/
The problem with this behavior, as mentioned above, is that Delta Airlines is a Transport company, NOT a medical institution or regulatory body, nor is it a law enforcement agency.
More than 80% of the people listed on the no-fly list, were not wearing masks in states that did not require compulsory the wearing of masks in that particular state of embarcation. Delta upper management claim that they are following laws and the best practices of the CDC, however the CDC actually says that wearing of masks is NOT effective in stopping the spread of a 'virus', as well as all manufacturer's labelling of facemasks used, by Delta Staff, also confirms that the masks do NOT stop the spread of viruses. Therefore because Delta Airlines is a Transport company and it relies on it's customer base to continue to fly with Delta, WHY would the CEO Ed Bastian, prefer to endanger the core business of Delta and it's reputation for customer service, in place of virtue signalling?
Even in the above Delta Airlines article mentioned, you will see a photo of a cleaner, cleaning the seat table with gloves and a cloth, professing to 'stop the spread of the virus' yet the person in the photo is not even wearing a mask! Talk about contradictory!
WE DO NOT PAY MR. ED BASTIAN'S SALARY TO BE A SOCIAL JUSTICE WARRIOR AND VIRTUE SIGNALLING NUTCASE !
b) As mentioned many times, Delta Airlines is a Transport company, NOT a Law Enforcement agency or a Medical regulatory body or agency. Delta Airlines are NOT licensed to give medical advice, nor are they licensed law enforcement. So the question needs to be asked, because Delta do not have a medical or law enforcement license, WHY are they allowed to continue to punish customers that are loyal to Delta Airlines? Does Delta Airlines staff not know what loyalty and good business means? It is not the job of Delta Airlines to police wearing of masks or the 'spread of the virus'. All Delta airlines should do is follow guidelines for staff and customers, however it must be understood that the ownus is on the customer to comply with constitutional and state law. Delta do not make the laws, they are not a law enforcement agency and they are not licensed medical staff. Leave the law enforcement to the law enforcement agencies and the licensed medical professionals.
Why does this matter? Because CEO Ed Bastian is NOT doing his job and in my opinion should be replaced with someone who understands business that isn't politically motivated or a virtue signalling lunatic.
4/ Political Bias/Affiliations is of grave concern because Delta Airlines should be a customer focussed business that relies on more customers flying with the airline providing exceptional customer service and NOT a adjudicator of political bias or a exclusionary service based on people's race, color or creed. Customers that fly with Delta Airlines are from all walks of life and differing political sides. Delta Airlines has NO PLACE to deny passengers the ability to fly (thus contribute to the Airline's profit/bottom line as this is what business is about). Today I have read an article that was the last straw for me, which has forced me to sell ALL my Delta Stock because it is no longer a viable business model, but more rather a social justice warrior platform for disgruntled virtue signallers that have no intention of growing a customer orientated airline which relies on the very customers that Delta are marginalising.
Here is just one example of the Delta Airlines upper management madness: https:// www . conservativereview . com /delta-bans-trump-supporters-who-heckled-republican-senators-at-airport-from-flying-on-airline-2649938829.html
In this article, Delta Airlines announced that on Thursday 14th Of January 2021, it has banned people that were classified as 'Trump supporters', thus from a particular political affiliation/wing.
As mentioned above, the function of Delta Airlines is supposed to be customer orientated service and inclusionary (not exclusionary / discriminatory) practices. As the article clearly shows, there is clear DISCRIMINATORY BEHAVIOR which is not only illegal, it is also contrary to good business and social standing. It is NOT the function of Delta Airlines to enforce law as Delta Airlines are NOT law enforcement and it is certainly not good business to marginalize or restrict ANY PERSON based on any discriminatory or political bias. Yet it is clear that the CEO of Delta Airlines, Mr. Ed Bastian, is clearly a democrat or at the very least, politically biased. Mr. Ed Bastian is NOT PAID A SALARY TO BE POLITICALLY BIASED and to BAN CUSTOMERS FROM FLYING DELTA !
If Mr. Ed Bastian was seriously concerned about those particular Delta Airlines customers (that under his request, have been banned), he should have raised the issue with licensed law enforcement and not take it upon himself to judge people. Additionally it should be noted that Delta Airlines is NOT a judge and jury, they do NOT determine who is guilty or not, that function is for a proper court of law and or jury of peers, NOT an airline.
If this is not a clear enough example, then the equestion MUST BE ASKED, WHY has Delta Airlines CEO Mr. Ed Bastian, NOT put Senator Tim Kaine, Kathy Griffin, Loretta Lynch, Sarah Silverman, Madonna and Snoop Dogg, (just to name a few of MANY), on a no fly list ? Political Bias has NO PLACE in Business and it is not only a disgrace but also against proper business practice which should have already resulted in Mr. Ed Bastian's removal. Here is the PROOF of the names just mentioned that were promoting VIOLENCE AND DESTRUCTION against the President and his family and supporters.
https:// conservativepost . com /here-are-10-times-democrats-called-for-violence-against-trump-and-republicans-since-election-day/
Here is yet an explanation on WHY CEOs should not engage in cancel culture: https:// www . thegatewaypundit . com /2021/01/ceos-prosecuted-criminally-rep-devin-nunes-calls-criminal-charges-tech-giants-video/
And when this happened: https:// www . thegatewaypundit . com /2021/01/flashback-storming-us-capitol-ok-2018-democrats-communists/ Did Delta CEO Ed Bastian add these people to the no-fly list? No he didn't!
For those of you that disagree with my analysis, I request that you put yourself in my shoes and when you hold a significant amount of value/stock with Delta, and you see this kind of behavior, and when you analyse the value/chart (the chart never lies) and you see such a dramatic drop, with core indications that this particular company is headed for disaster, mostly due to it's attitude with it's customers, then the only logical step is to dump ALL STOCK and invest money more sensibly into a much more productive company such as Tesla who's CEO and staff do not spend their time virtue signalling and cancel culturing the very customers it relies on.
----------------------------------------------------
Now for the TECHNICAL ANALYSIS:
After a significant period in a Markup Channel, a Level 3 had formed with a High of $63.44 before a small correction and then a significant dump initially due to the Covid situation.
Price action then followed swiftly to break the bullish trend at around $51.54 before plummeting to a low of $17.51 which is a drop from the high, of a whopping $45.93 or almost 73% !!!
A correction ensued to a high of $43.76, however in lieu of the current circumstances noted above in the fundamental analysis as well as the market structure being in a Level 1 pattern, the next destination is a bearish drop again to around an area which I evelive would be to approx $9.89 with a corrective factor high at approx 18.38 where an Orderblock has been tested and will become a breaker once the drop to $9.89 for a level 2 structure is confirmed. The most troubling part of this is not over due to the fact that after a level 2 move has been completed, a level 3 must ensue.
In the chart above you will notice that I have made a Red line across from previous structure where a previous Double Bottom was formed. This is an area of interest where there is much liquidity stored and ready for 'collection' by MMs. The Low at $3.51 is also present which lends even more credibility to the area of interest, which is where I believe the bottom of this current cycle will end, at around $3.51 to $2.23.
Note that in the TDI indicator, we also see RSI just out of the full overbought area/cycle, which means we should continue to see more downward price action to complete the RSI pattern towards the oversold area.
Therefore based on all of the above analysis, I have now closed my position, effectively selling my entire stock of Delta Airlines, before the next move down occurs and another 70+% is removed from the value of the stock. This is also a big warning to Delta Stock holders, to DUMP before the inevitable happens.
This concludes my analysis for Delta Airlines (DAL).
$DTSS is gonna fall todayPupm&Dump trading strategy idea.
$DTSS is rising too much despite the news today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $3,50;
stop-loss — $4,00;
take-profit — $2,50;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$CNET is gonna fall todayPupm&Dump trading strategy idea.
$CNET is rising too much despite the news today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $2,97;
stop-loss — $3,30;
take-profit — $2,31;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$OGEN is gonna fall todayPupm&Dump trading strategy idea.
$OGEN is rising too much despite the news today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $0,89;
stop-loss — $0,95;
take-profit — $0,77;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$PTE is gonna fall todayPupm&Dump trading strategy idea.
$PTE is rising too much without specific news today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $1,54;
stop-loss — $1,64;
take-profit — $1,34;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
IS BITCOINS CORRECTION OVER?Bitcoin is experiencing a correction but please guys do not panic, it is just revisiting the 21 Day EMA for the 6th time if you count the red circle.Bitcoin has held this level for 3 months!If bitcoin can hold this line I expect a swift recovery if not more downside will come.I am comfortable longing at this level with a stop loss at around 29.5k.Very simple analysis.Please leave a like and follow if you want more easy and simple technical analysis.
Short $BTC 100X if this happens !!!!!!clear Head&Shoulders is ahead of us !!
The most important resistance to break is that 21EMA
If somehow we fail to break it, expect a huge drop till $28 - $24k
The only indicator to watch for the short signal is the diagonal trend line :
Short with stop loss above the 100EMA, and targets should be: $29k - $28k - $26k - $24.6k
$LJPC is gonna fall todayPupm&Dump trading strategy idea.
$LJPC is rising too much despite the news today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $6,20;
stop-loss — $6,70;
take-profit — $5,20;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Bitcoin Shoots to $48000 If Daily Closes Above $36000. Simple!!!Here is my bullish H4 analysis of bitcoins future in next couple of days if daily closes above $36000 with creation of new higher high on H4.
However if bitcoin closes below $33500 then I will be looking for another short opportunity to capitalize on a 1:3 setup.
Is the correction over for $BTC ?!!Good evening/afternoon/morning/night everyone.
It's been a rough day for all of us, but is it over yet ?! WE DON'T KNOW YET...
First of all, do not panic as this correction was overdue, and till now, we experience a healthy one.
Second of all, as long as we are above 28k, we are super duper bullish on Bitcoin
So take a little rest and wait for the market to settle down a bit, personally, I don't think the correction is over,
in fact, I expect Bitcoin to dump a little bit lower to $30k.
As long as we sustain $28k as support, everything will back to normal in a matter of time.
The current dump is the result of DXY bouncing up
1.USD has an important rule here as well, so keep your eye on DXY for Bitcoin,
2.and ETHBCT for your altcoins, as if that pair start rising, we should expect other ALTBTC pair to join the party.
And last but not least:
DIPS ARE FOR BUYING, DO NOT PANIC SELL
Share your insight in the comment section, and let's discuss ;)
Today is the last day (-50% incoming)Hi there,
I tried to show my charts on a larger scale but it's so terribly parabolic we'd rather retrace now. Here's where I think we are.
Our plan is still working perfectly and everything's moving faster than ever: we've got our yellow wave 4 done yesterday/last night, and we're now busy pumping wave 5 of yellow 5's pink subcycle (main target: $43,741). With the yellow one (main target: $44,142), light green cycle will end (target is 261.8% at $44,304), the darker green one (in extension well over its targets) and thus should most likely find its end the big wave III of the cycle begun in March 2020 (also largely extended).
Given the very mild wave II of that blue cycle, I expect wave IV to be pretty strong: I expect BTC's price to drop to 50% ($26,666) or 61.8% ($22,522) correction. I wouldn't open a short still, nor take full profits so far, given BTC's extreme strength we might overgo our targets as we've been doing on larger scales. Keep your stop loss close anyway and expect rivers of blood to appear on the charts (we haven't been seeing much for a while).
Trade safe.
GOLD DIP, let's not miss this 10:1 Risk to reward tradeHello traders,
Our system triggered a buy on GOLD. Yes it's dumping right now, but you want to buy low and sell high right ?
The R:R of this trade is just awesome. Good luck if you follow this signal, and remember that if it fails, the shortloss is so small ! :)
$SNDL is gonna fall todayPupm&Dump trading strategy idea.
$SNDL is rising without enough specific strong news today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $0,65;
stop-loss — $0,74;
take-profit — $0,56;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!