Doge Pizza Dip FormationDoge monthly chart showing a second slice of pizza formed and ready to be dipped. Moving onto slice 3 soon. Bullish.
FTW
Micron Technology: Short Under 57$I'm planning a short trade on Micron ( NASDAQ:MU ) for 1 week.
The idea after the first "signal" obtained last monday was to see a retraicemente and then a new trigger. Better to trade beyond 57$.
Then today I have one of my fovourite trigger, thanks @ArduinoSchenato
I'll buy some Turbo24 short certificates by IG.com. Target is 53$.
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ITA
Ho pianificato il un trade short su Micron già da una settimana.
L'idea dopo un primo segnale avvenuto lo scorso lunedì era proprio quella di vedere un recupero e un nuovo segnale, meglio se con chiusura sotto i 57$.
Oggi quindi il prezzo mostra quanto avevo pianificato con uno dei migliori trigger che uso sull'azionario. Thanks @ArduinoSchenato .
Domani quindi potrei tradare short questo titolo, attraverso l'acquisto di certificati Turbo24 di IG.com. L'oiettivo è la zona 53$.
Petrolio sul wiklySalve ragazzi, dopo il crollo nelle settimane scorse, finalmente il petrolio reagisce su una struttura
di acquisto, formando 2 setup di price action long, si tratta di un FTW REVERSAL e di un INSIDE FAKAUT,
tutti e 2 sono potenti segnali di rimbalzo, il petrolio potrebbe anche andare ha chiudere il gap segnato in rosso, ma come operazione di breve, qualche giorno, si puo' entrare a 50% dell'inside fakaut oppure aspettare una conferma long sul deily.
BUON TRADING SERIO
AUDUSD Deily ftw shortsalve a tutti, su questo cambio avevo analizzato sul wikly una pin bar short, con l'idea di una continuazione del trend ribassista, il deily oggi ci da un'altro setup short, una ftw, per chi non la conosce e un setup di priceaction che ho imparato da un grande trader italiano, per attivare questo segnale deve necessariamente rompere i minimi, quindi o si entra direttamente a breckaut oppure si aspetta un ritracciamento, stop sopra i massimi e target 1-2
BUON TRADING SERIO
CRITICAL decisive moment as BTC heads towards final BOSS battleThe weekly 11.5k is going to be super crucial - Because.
1. It governs the mid term down trendline from the recent local highs.
2. It is also the massive weekly resistance of 11.5k - which has been tested like 4 times.
I strongly believe if BTC breaks above 11.5k we could be seeing ATH's for bitcoin very soon.
This is also the reason why its better to be cautious around this region considering what is it at stake. There could very well be a fakeout of some sort to fool the bears/bulls and lull them into a trap.
I am currently short from 10.9k area, Will flip long if i feel price might test higher again. It's a pretty decent place to manage risk.
Also the bottom trendline in the chart extends all the way back to 2016, So if we break that trendline, btc could be in big trouble!
Trade well my friends, And i wish you well. Do not dismiss bitcoin's bull scenario- If BTC takes out 20k - Nobody knows how far it might go. I do hope this is the legitimate start of the bull market, But till 11.5k is taken out with force - It's better to be cautious around the area of strong resistance.
I am currently neutral , and will definitely trade the way the water(price) flows!
Why I think 170 is next heavy resistance and why it wont matterKinda the same as my last few charts, but with today's volume based primarily on SEC news, LTC price has a lot of good things going for it.
Now, while this is a technical analysis, the reasons behind it are mostly fundamental.
Resistance lines drawn at ~170$, based on downward channel. RSI is nowhere near overbought, and we're already blowing up toward 170. MACD daily shows a potential silver lining in bullish momentum.
The Volume on the daily chart is what is absolutely necessary. Nothing but bear vol. all month. But today with the SEC news we are getting it, and if a break out occurs... oh man. Always cautious and never overconfident though.
Now here's why I think we'll have no problem breaking out of this bearish channel soon. May not be today, could be tomorrow, could be next week. In the long run it doesn't matter, because it's going up eventually. The SEC news isn't "just news." It's an answer to many speculators who haven't bought into any cryptocurrencies yet, and to more who already have. The looming question that has brought DOZENS OF FUD CYCLES before (China, India, Korea... remember?...), "What happens if my cryptocurrencies get banned, and a selloff occurs?" Those cycles were in the last half of 2017 and beginning of 2018 only. My friends, I think this showed many people in crypto, old and new, that cryptos are not going anywhere soon.
Looking forward for a healthy doom on bitcoin.Looking at the bigger picture, we are in for a sell-off on a good volume, which in my opinion, will be a necessary move for a healthier and a big move upwards. Bitcoin bulls are definitely not done yet. We surely have more rocket-fuel left :)
We need to let them breathe for a while.
We need to shake em bankers out!
HIMX - Update: Cup-n-Handle, Double Bottom, Fibs and moreJust 3 days ago published a chart on HIMX. From there stock went down and then up more then 10% to exactly the 0.38 fib line. Plotting fibs on HIMX shows that it just loves it - on an up trend lookout for 0.618 fib - seems to be a good place to retract, just like 0.38 and 0.5. Also, i missed on the last chart the current up-trending channel. Connecting recent tops, and drawing a parallel to the previous bottom one can then see why the stock dropped and stopped 2 days ago.
Still a possible double bottom or cup and handle, but with other technicals i would warn - RSI has a divergence, MACD and Momentum is already on tops - though, we have room to grow, but not for long. Only exceptional news can drive it to 0.618 (~12) and that would be that Google added a stake in the company. I would assume a jump out of the trend, then a retraction if so, but this is speculative. I left some investments in HIMX, and took some out today as well. maybe a gap filler tomorrow - markets seem to be going lower (check today's Spy predictions, many see some road down ahead), just enough to go off the fib line to the support of the trend, and then rush up with technicals cooled.
Personally, i am long on this one - it has too much attention to it already with google glass, so if not google, someone definitely will join in sooner or later. Plus the recent sell-off was extreme and mostly based on rumors and hunch that google wil switch to other supplier - none of the rumors have been confirmed - last year these rumors gave a great entry point.
