ETH Preparation for 2021 Bullrun+ETH after rejecting $618 came back down and tested $485
+We tested but thankfully did not close below $485 which lead to antlers attempt of $618
+On the chart it seems like ETH is going for another attempt at $618 and this is going to be a very important test/break we see.
+If we fail to break $618 on its next attempt there's a possibility we see a similar pattern to the 485 rejection with 3 months of accumlation.
+Now I don't really see this as happening do to the fact that Bitcoin is facing its ATH once again and we are headed towards a weekly close in the new few hours.
+Closing the $618 level will confirm its next to TP of $714 and $810
+Simple break down on ETH just to sum it up im very bullish on it atm
+TP 1 $714📊
+TP 2 $810📊
Easylootfund
Sushi Bullish Continuation +Sushi is one for those coins you wish you bought when it was .55 cents back 1 month ago.
+Sushi is currently up 400%+ in the past 33 days.And the pump isn't done yet.
+We can see on the 4 hour timeframe that sushi already had it first touch rejection @$2.46
+Sushi now is going for another attempt at cracking $2.46 and if it can break this level we will close this valley and go for test @$2.71
+I've traded Sushi numbers of time both long and shorts on futures and I understand how fast it moves.
+Thats why you see 3 Target prices in this post instead of 2.
+If you look at the 1 hour you can actually see a rising channel Sushi has created and respecting its boundaries very nicely.
+I believe from my TA and multiple times of trading sushi we will se a nice ladder up towards $3.17 and see a heavy rejection then due to that fact that $3.17 is its finally Daily resistance until ATH which is very interesting to see such a drop on Binance futures pricing
First TP $2.71📊
Second TP $3.05📊
Third TP $3.17📊
Thanks for reading my analysis on Sushi make sure you eat some Sushi if you enjoy trading it as a reward😝. As always traders Stress Less, Profit More the best is yet to come!!
ETH Spot The Breakout Buy The Breakout+After ETH first attempt for the level 618 we saw a 20% correction a few days ladder.
+ETH can came down its a resistance now turned support $485
+Since wicking $485 ETH laddered up for another attempt at 618 but this time closed above and wicked $636
+Unfortunately this attempt failed to keep pumping and we came down to $564
+$564 is a support right before the 618 valley I spotted on the 4 hour timeframe.
+This is a great sign for ETH because it is make higher lows and laddering up in price.Which is also level adaption.
+You can see that ETH as created confirmed bullish trend line on the 1 hour after 3 taps.
+I drew a Bearish trend line on body of the candle $636
+ETH is just getting started and I believe after the close of $618 we will see a very nice pump.
1st TP $714📊
2nd TP $784📊
+Keep in mind These are going to be swing trades no way will these targets get hit in 1 day.
+Thanks for Reading my TA on ETH and remember traders Stress Less,Profit More the best is yet to come!
$ChainLink Pump After the Dump+Hello Traders in my previous Chainlink post I noted that this symmetrical was going to help us lead into another breakout.
+Unfortunately Chainlink did not break out of this triangle and you can see which lead to the massive dump over the past 2 days.
+The Weekly Level 16.5 was not even wicked in the past previous pump we got really close but did not touch so this does not count as first touch rejection.
+There are a couple of ways I think the next day and few weeks will play out.
+1st being we will continue to respect this trend line and slowly ladder up the white trend line.
+Another possibility's I see is we come back down to the symmetrical triangle for a retest and slowly ladder up from that point.
+Personally i am taking this dump as a opportunity to stack longterm and scalp on futures and reinvest my profits into longterm.
+I will only be giving 1 TP during this overview due to the fact I know it will take at-least a few weeks to reach my TP
1st TP $16.5
$WW Weight Watchers Technical Analysis 2020-2025Technical Analysis & Trade Idea $WW WW
-
If you enjoy my technical ideas, smash that like button. Thank you!
-
Entry: $31.6
Stop-Loss: $28.97
Short-term Target: $39.97
Easy Loot Target: $50.37
Long-term Target: $76.97
Simple trade idea, do not trade. Only looking for bullish move after breakout and confirmation.
DotcomJack
$ETH FACING RESITANCE+Please take note that this is a TA for ETH Perpetuall Futures numbers will be a tad bit different from spot.
+I called this move up in my previous ETH read due to the fact that it was respecting the trend like very well.
+We can see it wicked $384 to a T pulled back.
+ Re-entry should should be $369.14 if we do not hold $378.04 resistance turned support.
+Ether re entry at $369 is golden another key to another leg up is if it can continue to hold this trend line I've drawn from the 24 of September.
+First TP:$384
+Second TP:$387
+Third TP:$392
+Updated Target prices will be given once we break these
+Thanks for reading my Technical Analysis on ETH and remember
TRADE SMART PROFIT MORE
$ChainLink Called The Breakout +As I mentioned in my previous Chainlink post I noted that the levels 10.6 and 11.016 were being used a accumulation zone.
+I called the breakout and since then ChainLink hit ATH of 7.3% in 2 days.
+Chainlink still seems to be in a bullish pattern and this slight pullback is healthy for a move like that.
+The level of 11.016 needs to be respected and it will become and resistance turned support which will create momentum for its next move up.
+1st TP $11.23
+2nd TP $11.491
+3rd TP $11.685
+My self personally I like to have multiple target prices exit and then re enter if I know the coin is going to pullback.
+Thanks again or reading my thoughts and analysis on ChainLink and remember.
TRADE SMART PROFIT MORE
The Make Or Break For SUSHI:USDT +Right off the bat we can see Sushi in a falling downtrend.
+Sushi is coming to a make or break situation
due to the fact that its meeting a very important support.
+As you can see Sushi is facing the resistance level of $.6755
+Over the past few days Sushi seems to be showing some textbook accumulation.(White Box)
+You can see for the last 2 days Sushi has been bouncing between $.6443-$.6755
+Persoanlly i see this a trading against the trend and it is a little to early to decide whether or not I should grab a long or short.I would love to grab a long portion but id rather wait a bit.
+Regardless of my position my TA shows that Sushi will be making a very big move soon.
Thanks for reading my thoughts on SUSHI:USDT and always remember. TRADE SMART PROFIT MORE
$ROKU The Perfect Options Entry | Play of the week The Plays:
Estimated time: 2 weeks
ROKU 160 Call 7/17, looking to pick up tomorrow or the 14th. Should see Roku move sideways a bit till we bounce off support (blue line).
ROKU $160 Call 7/17 @ $370 per contract
These contracts will be cheaper if Roku opens even or negative.
Do not trade this
DotcomJack
$NVDA Earnings Play | What's The Move NVDANvidia ($NVDA) Gains But Lags Market: What You Should Know
Technical Analysis Going Into Earnings | NASDAQ:NVDA
The Plays:
- Bullish Call: $400 Call 8/21 | Currently sitting at $1783 (preferably we will wait for a down day to enter) Thinking $400 will be a solid sell wall.
- Bearish Put (entry late August): $350 Put 12/18 |Patience will pay
My standpoint on NVDA is rather bullish , sitting up 20% from pre-covid highs. If we breakout, we will look to play the continuation without a strong set target.
Zooming out we can see a iffy rising wedge formed, will this be enough to contain the beast & send it down?
(rising wedge: formed 391 days ago)
Quick News Updates:
NVDA will be looking to display strength as it nears its next earnings release. In that report, analysts expect NVDA to post earnings of $1.95 per share. This would mark year-over-year growth of 57.26%. Meanwhile, our latest consensus estimate is calling for revenue of $3.65 billion, up 41.71% from the prior-year quarter.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.66% higher within the past month. NVDA is currently a Zacks Rank #2 (Buy).
NVIDIA still generates the largest share of its revenue from gaming, but it's no longer just a gaming company. It's applied its expertise in computing power to data centers, a key component of the red-hot cloud computing space, and to the market for artificial intelligence (AI).
DotcomJack | DM Always Open
Do not trade this, I am not a trained professional nor am I a financial advisor
$ZM Pushing For New Highs | Options PlayTechnical Analysis of $BA plus this week's option play.
Zoom says added over 100 features as part of 90-day security plan
What we are looking for:
Breakout & hold from $262; These last few waves have been consistantly $20 per leg, looking for $279 next.
Retest of $254 providing a great entry, then breakout of $262
The Play:
$280 Call 7/17 @ $410 per contract
- I plan to grab one to get my foot in the door, will grab more if we come down and respect support
This is not financial advice nor am I a financial advisor
DotcomJack
$BA Earnings Option Play | WatchlistTechincal Analysis of $BA plus this week's option play.
British Airways finally receives its first Boeing 787-10 months later than planned.
What we are looking for:
Retest of the previous channel resistance (blue downtrend)
Breakout from $198 (Bullish Signal)
Last but not least, to send BA to the moon ($234), we need to breakout from the fat orange downtrend.
This play is intending for covid to not impact airlines. If covid makes a crazy breakout, we might see trouble for airlines.
The Play:
- BA ripped 14.4% today, which means contracts are worth 200%ish more than they were yesterday. In other words, we will aim to grab BA at the low of what looks to be next week or the week after.
Play 1:
- BA $232.5 call 7/24
This play is sitting up 114% on the day compared to the $230 strike below which is up 198% today. Once BA has a down day these premiums will get cut, giving us a buying opportunity.
DotcomJack | Easy Loot
Do Not Trade This!
$LYV Wedge Almost Complte | Take OffBreakdown of $LYV Live Nation Trading With Options
Estimated Play Time:
- Trade 1: 4 Days
- Trade 2: 18-22 Days
Trade 1:
- LYV $45 Put 7/17 @ $350 per contract, looking to flip the premium. Most likely won't hit in the money, don't be greedy.
Trade 2:
-Buying the breakout: This massive wedge should result in a overall move to $55 within the next month of so.
When the time is right, we will be looking to grab
- LYV $50 Call 7/17 @ Contract should be around $120 (currently sitting at $198)
Do not trade this you will lose money
DotcomJack | Easy Loot | The Dotcom Takeover
$BTC LONG TRADE IDEABitcoin Market Breakdown - June 23rd, 2020
The two scenarios I have in play from my previous BTC post are still valid, but the latter doesn't seem so likely anymore.
Although we've seen two 1st touches of trying to breakout of this downtrend, i'm thinking the price could still go up.
If you draw this chart out on a smaller timeframe you can find a bullish pennant & make your decision up or down from there.
I'm looking at the 4H, because I like working with more data. Now these next few days or even next few candles are very crucial and will decide if Bitcoin breaks out above $9950 or not.
I entered at $9600 with tight SL at $9550 so i'm covered either way if the price dips back down. I lose $50 but et a pretty sweet entry price around $9188
1st TP set at $9950
As always please do your own research, I am not a financial advisor.
$BTC | Post Dump Trade Update
Bears won the game!
During the whole period of flat, bulls were targeted by a number of scam spikes.. not mentioning any names but BitMEX may have had a role to play in this.
During a time period with little volume mixed with little volatility, everyone is in the same boat not making money and making impulsive plays
Can see the entirety of this move broken down by the countless touches of $9950 resistance level and the failure to break through. Hence why we saw this dump down to $9188
Originally when price started dumping I thought it'd keep going down to at least $8.6k, mostly due to the fact that we haven't had a decent crash since 'beer' virus.
Obviously not bullish right now, i'm sitting all in tether and waiting for re-entry
$8.6k is still in the cards, just need more data and time to tell honestly
Price does seem like it's holding $9188-$9369 accumulation zone and this fake-out dump could just be a retest of that to shakeout weak hands
Honestly though, my thinking about this is that in order to break through $10k now after failing to do so multiple times, could see a heavier dump back down to that $8.6k range I was talking about.
It's going to take a little bit for trend to reverse