BTC consolidating in minor channel. Looking for retest $12,000!After a slightly less volatile week, BTC has pulled back from testing the $12000 price level. Analysis of Trend lines, RSI and general supply/demand suggest the retest to $12,000 is more likely then not! Looking for price action following this retest for double top formation and possible short entry. Fail
Google (Alphabet)
$GOOGL - Head & ShouldersAs I'm publishing this, $GOOGL bulls and bears are currently fighting it out as the bulls try to retest and regain the trendline support and H&S's base.
Volume and CMF behaved as expected with a H&S. OBV still abiding by trendline support.
Green channels are where I would consider taking bits of profit based on multiple fib levels (regular and trend-based), a fixed volume profile of the most recent range below, and the H&S objective of 1384.84 (purple line).
GOOG now short but still long?Hey everyone,
Google made it's way to ATH but now the party is over, at least for a short time. As you can see there is a SHS formation and the reaction was bad. But the stock will face a few support zones, as the yellow lines and the green box, as well as the Fibo Retracement, shows. The DEMA and SMA also show a short signal since friday. BUT chances are good google turns back long after hitting the green box.
Entry: 1441$
Stop: 1400$
Goal: 1622$
Much fun with that trade!
Leave a follow, my goal is 200 :)
TECH BUBBLE 2.0The tech Crash in 2000 took 3 years to bottom out... and longs lost 80% in that time.
The 2008 financial crash took 2 years to bottom out, and longs lost 57% in that time.
The 2020 crash... oh, I think it hasn't even started yet... I would stick to short positions or day/swing trading... and I wouldn't even consider going long on anything until the Lower Bollinger band is hit on the monthly chart... currently at 5991
I think we all know what's coming... It'll be a fun ride if you're prepared in either direction.
GL.
GOOGLE INVESTING LONG TERM , TARGET $1900 (HOLDING) GOOGLE has passed the peak of the era and there are " SHS " variants, even though it is not, but I still consider this a good model with the
characteristics of "SHS". This is based on my experience over 7 years of delivery. Translate, everything is right
vs GOOG now, good time to buy investment.
GOOG buy : $1550 +-5
GOOG target : $1900
Stop loss : 10% .
Good investment in Google!
FB Bouce this week, garbage by august.No one has a crystal ball... but technically speaking FB is poised for hard correction. Their only "saving grace" is Instagram. 170 by AUG.