Moon
BITCOIN - Final Shorts ✅Following on from our last post, we indicated that there's a final bearish wave left. We are now on the verge of breaking down for the final time.
Once this bearish leg is completed, we will be looking for bullish price action for the next bull run.
Shorting Bitcoin here will be a bit risky with limited gains to be made. The bigger and better trade would be to wait for Bitcoin to bottom out and then look for buys.
However, if you want to trade the final shorts, approach it with caution.
SHORT Trade Idea:
- Watch for break of red ascending trendline
- Once broken, enter with stops above the recent highs
- Targets: 17700, 16000, 14500
We'll be back with an updated post once this bearish leg is done.
Goodluck and as always, trade safe!
Luna Classic Long opportunitySo with all the crazy things going on with the Terra ecosystem Iam pretty surprised how the prices act for both Luna and Luna Classic.
I do believe this is a great time to buy in with a small amount of money and hope for the best. The community for Luna Classic is working hard to make it a
healthy ecosystem. If things go well this could make you millions so why not try it. It is a gamble though, I must admit. But worth it ;)
I do believe a cup and handle is possible to send it 700% up in the sky and who know how far real fomo will take it by then.. Let's hope for the best and good luck trading.
Cheres.
BTC just passed the test, bull is coming!btc will close the day >1.2 per cent.
bitcoin just reached the last fibo resistence at near 18.5k usd, and it passed without sticking.
after two weeks of slow recovery (0.1 per cent daily on avg), and two weekly inverted hammers (28 feb and 30 may), 0im sure the the price and buy volumes will rise on the next few weeks.
BUT make sure of buy patterns, even with a few potential profit loss.
it will test again near 30k, above that, may take less than a week, price will bull up.
JUST BE PATIENT!
BTCUSD near 20.000$
EN : BTCUSD is actually near the top of 2017's bullrun, 20.000$.
This 20.000$ zone acted as a resistance. When we break a resistance, it flip usually into a support.
Is it going to happen this time again? Looks like a good long term opportunity.
FR : Le Bitcoin est actuellement à 2 doigts de toucher le point le plus haut du bullrun de 2017.
Cette zone des 20.000$ était une résistance. En général lorsqu'on casse une résistance, elle se transforme en support.
Est-ce que ça se passera comme cela cette fois? ça semble être une bonne opportunité d'achat pour le long terme.
Playin' hard to get...Ok whatever, change of plans, still moon just different path to target and revised target... what do you expect? This is GME.
I said everything I want to say on the chart, I'll probably have to file bankruptcy now but probably not. It's not about what I want, it's about what GME deserves.
Yours truly,
Hobo
Chilliz Has a Junk Yard Magnet Wedge And is Ready For Bull!What's up trading view Family! What A Good Day to be Alive.
Today we will be taking a look at CHILLIZ and how similar the market structure is to XLM (aka STR).
Many people think we are headed into a bear market but I say we already had one! its exactly like the Altcoin bear market of 2017 (only a bit longer as the cycle grew)
I also see Bitcoin and Ethereum have a lot of upside left before they see another bear market anywhere near the size of 2018, and this will carry many undervalued altcoins into a bullish market.
Stay confident! Whales love buying blood in the streets.
Stay profitable.
ALT/USD on the best place for a bounce !TOTAL2 (which is Top 125 altcoins vs USD) is currently retesting the 2018 top.
This was previously resistance and is now being tested as support.
This is a good time to dig into some altcoin charts to find some nice risk-adjusted longs because invalidation of the trade is quite close
Thanks for following us! If you have any questions, please don’t hesitate to ask.
BTC- BOTTOM FOUND? Where would I buy fearlessly?Long Term, Scouting/Hunting for the Absolute LOW on BTC,
Bitcoin is considerably low right now, I do not see us getting close to this level but rather piercing it after we sit sideways in the future, we will likely see a retracement pretty heavy soon to the upside to create liquidity.
I would have limit orders set in this region if/when we approach these levels, first zone marked below at the absolute sniper of last BTC Blood Season, you will likely need a limit order this time around,
Reasoning behind the level is simple,
1. Monthly Higher Time Frame Demand Zone
2. Break of Structure
3. -RTO-
4. Target Buy Level is inside Accumulation
5. Imbalance
6. Risk to Reward Prime for BIG Funds to Manipulate Price and Wreck Sellers.
Will be looking to take targets to premium level marked above,
Good Luck!~
Hex overlaid with the BTC fractal - $500 Hex long term?Hex looks good for short term bears as you might be able to pick up Hex for around $0.04 in the short term as Rolexicans continue to exit out of their real asset (Hex) for plastic cars, plastic homes, and plastic women.
The Dual MayerMult yellow line being this low is a good sign the bears are getting weak. Bitcoin reached these same lows on the Dual MayerMult in the past in 2011 on the 2Day chart.
MFI is also bottomed out, a nice leading indicator that bulls are weakening.
We see bullish divergence with the RSI over the past few months, more signs of bears hybernating.
The real value of Hex comes with long term staking where you earn APY in the form of inflation of the Hex token which built into the contract code.
Note: I have to keep publishing this chart because TradingView screws with the log scale overlay in their database and my previous charts look messed up.
This is not Financial Advice. DYOR. I'm not your dad.
Contrarian Call Right Here. Optimal Bullish EntryThis is a typical bullish Wolve Wave that is on the final leg down currently. Expecting whipsaw reversal starting as soon as tomorrow, but main bullish price action will be around June 15 on the full moon (literally howl at the moon).
Expecting the yellow trajectory to play out and complete EW wave (5) around 430. The chart contains all the info you need to know, but there are a lot more dynamics at play here, mathematically/statistically, that have led me to feel highly confident about this.
- initial target is around 421-422, from there will retest ~415 and then make our way to 429-430
- the goal target is 448 by end of June ...and this makes sense with the confluence of wolve wave 1-4 projection and the ADX breakout "open long" target (stop loss 394)
- that DMI is low key bullish af, this is re-accumulation off the May 20 lows in 380s; stochastic RSI oversold and will give the escape velocity needed to reverse here and make explosive move to the upside
I'm playing the SPY June 17 411.00 calls and the June 27 429.00 calls, but this is not financial advice.
I am fully expecting the price to follow this yellow trajectory, so when you replay the bars at the end of June they'll perfectly coincide with this path, hah.
No Cap,
Prof. Lupin
BTC Weekly HUGE Hidden Bull Divergence?Just found this recently.. I'm a believer of zooming out and looking at the weekly I've noticed a few things. Not only that there is a hidden bullish divergence in play, the RSI is a lot LOWER than 2021 May Dump. What are your plays here?? Long but short term?? Or longing in the next few weeks?
Let me know your thoughts!
Howl @ The MoonI posted a bullish idea for SPY (linked) where I did not go into detail about the wolfe wave - I am seeing major confluence with EWT, wolfe wave projection, bigger picture downtrend resistance, target via an indicator I love called "ADX Breakout", and time series forecast for both SPY and QQQ . There happens to be a full moon (a SuperMoon actually) on Tuesday Morning, June 14th, so if a Wolfe Wave gets us to intial target around that time that would be interesting. I'm not going to use any moon phase analysis here, but there is something about the moon that does in fact influence investor sentiment, albeit indirectly, though I am not expert on that subject.
This post zooms in on the Bullish Wolfe Wave and is intended for both price action projection near term and education purposes (I don't see many posts covering wolfe waves though they can be $$$ in making seemingly contrarian calls, such as this). In my counts I am using <1,...,5> for the Wolfe Wave and conventional EWC (Elliot Wave count) based on the degree.
Overview of Wolfe Wave (WW) :
Occurance
- An uptrend channel for a bearish Wolfe Wave
- A downtrend channel for a bullish WolfeWave
-Horizontal channels for consolidating price periods
Rules
Wave 3 and wave 4 remained in the channel created by waves 1 and 2.
Wave 1 and Wave 2 are symmetrical with waves 3 and 4.
Wave 5 goes above the trendline created by wave 1 and wave 3 for a bearish pattern.
Wave 5 goes below the trendline created by wave 1 and wave 3 for a bullish pattern.
Regular timings between waves. It means that the time taken to complete one cycle for the waves 1-3-5 is equal.
We can see in my chart that QQQ fits the bill here. There is a signal use to confirm wave <5> called "Wolfe Waves Signals " (Props to @NXT2017 for creating this wizard signal). I like it because it doesn't give frequent signals so when it occurs it is generally the real deal if the chart setup fits the bill.
Confluence
- EW intermediate count w(4) = WW <5>; projected w(5) aligns with the <1-4> projection at the expected time such that there is perfect symmetry with time between waves (see date ranges on chart). This sets up for an initial target of 317.90 by 6/13/2022
- EW primary count circle 3 aligns with the WW EPA @ ETA - EPA is the estimated price arrival, ETA is estimated time arrival and is established as the point in time where the WW support and resistance lines intersect. The level that these intersect is an equilibrium point where supply = demand; notice that E (expected <5>), w(4), and circle 2 all will occur right around this equilibrium level if we do in fact see a bounce from here and this plays out. This confluence gives us a Target of 341 by 6/29/2022 , and this is also the level of an "open long" target using ADX Breakout (not included here, there is already a lot going on didn't want to crowd the chart; also this target is at the 4H time frame, which actually makes sense with the time to target here). My time series ARIMA(0,1,0), p=0.23, upper 80%-95% PI for June 13 is 319.69 - 324.88 so the 317.90 initial target is reasonable, statistically. My upper 80-95% for June 27 is 334.90 - 348.14, so target of 341 is plausible as well.
- The downtrend line through the 11/21/2021 high and the 3/29/2021 high is the red line visible in this chart... so for those that have doubts about WW or EWT you can think of this projection as merely a test of downtrend resistance, which is very plausible considering how much time we have spent down in the gutter attempting to end this corrective wave.
The yellow path is illustrative, expecting an impulse from apprx. yesterday's low (i.e. <5> & (4) & circle 2 on chart) toward the initial target (i.e. (5) & <1-4> resistance). From there we will see an intermediate ABC corrective wave that will also serve the purpose of re-testing the WW upper channel to ensure old resistance has become support. After that I just drew a straight trajectory to the target at 341 (i.e. circle 3 & EPA @ ETA), however, this will either be a diagonal or an impulse - I'll update with expected levels is this plays out to intermediate (C).
Sincerely,
Not Jacob Black
XTZ - Tezos. The Next BIG thing!? XTZ Tezos, the self-amending cryptographic ledger now has been backed by the biggest stable coin USDT.
This will help XTZ succeed further more. Tezos fundamentals are very strong as its already ahead of the POS competition.
"Tezos is also unique because of how it has started to be used by high-profile businesses. In September 2020, it was announced that the French banking giant Societe Generale planned to use this blockchain for experimenting with a central bank digital currency."
"Big cryptocurrency exchanges such as Binance and Coinbase have also unveiled support for Tezos staking, meaning users can receive rewards based on the XTZ that they hold. This is not a feature that’s seen too widely across digital assets."
"Tezos aims to offer infrastructure that is more advanced — meaning it can evolve and improve over time without there ever being a danger of a hard fork. This is something that both Bitcoin and Ethereum have suffered since they were created. People who hold XTZ can vote on proposals for protocol upgrades that have been put forward by Tezos developers."
If Tezos can bounce from this support and consolidate. It may be the next BIG thing long term.
My future price target is - 30.00 approx.
Hope you enjoyed your gains as notified, prepare for more!I predict the stock. I know the stock. I’m 8-Ball for stock :)
I’ve been watching this stock for 17 months. Almost every. Single.. day..
I can say a few things… I confidently understand algos being used. I confidently understand MOASS is tomorrow. I confidently understand apes are unmatched. I confidently understand we can buy more each day and it will still be a good price no matter how many digits..
No cell. No sell.
DRS DRS DRS.
Follow me for more GME posts, to the moon gentlemen. I’m proud to be sharing knowledge on my favorite stock in existence and I can’t wait til we are all as rich as they are, without cheating.
APES FOR THE MOTHERLANDDDDD!!!!
DRS DRS DRS
Check out all of my other ideas for consistently accurate GME price prediction as well as theories and discussions.
LINK TO LAST POST I NAILED 110%
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Be patient with ENS 50%+ is coming soonWhy? PA looks bullish, one of the strongest coins at the moment. Whales are also interested in this coin. I will play spot and 3x long with smaller position. Dont forget to dollar cost average ENS here to maximize profits... 35 usd should hit in next weeks.
MANAGE YOUR RISK PROPERLY
NOT FINANCIAL ADVICE
Flying Taxis I think this is a great company and may be a good stonk for buy and hold.
Check it out, JOBY.
Potential a bottom has been found recently. I am happy to see a strong rebound, in the case major indexes suffer more downside in the near term, this chart is in a good position to form a higher low.