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Moon

GLMRUSDTHello Traders #GLMRUSDT (Moonbeam) is one of the most popular cryptocurrencies right now. This trending token has gained interest as a result of its Ethereum-compatible smart contract solution. Like many other Altcoins, Moonbeam coin is also affected by the volatilities of Bitcoin. I expect that after Bitcoin achieves a stable support level, Moonbeam will start to surge. The predicted prices for entry are illustrated in the chart below. Be patient and snipe these targets when the time comes.
by larogroups
Bitcoin is becoming institutional Over the last 14 - months I have made these posts public here on @TradingView What I found interesting is the level of respect that Bitcoin is building, many traders are looking for short term gains - but they also contradict themselves with the idea of possessing DIAMOND HANDS!! Once you have a feel of the trend bias, it's actually becoming so respectful of these levels, its incredible to see this play out. If you want to follow the path, you need to know where it's been, where it's at and why it wants to go where it goes next. So let's look back all the way to December 2020. You can click on each of these images for the actual posts; So in this post I covered why the move would link itself to the stock market and what this means not only for bitcoin, but the whole crypto space. Jump forward a month and I was highlighting the Re-accumulation phase we where seeing. This is key, it led to the "value area" levels later on. As you can see from this post below; the value area was defined and this gives a key point to anchor from. Play out the image and you can see the significance of the level. But, that is not all - go forward again and you will see this level being used a second time. Now if you don't follow the education you might not appreciate why this level is significant. So here's a full post on education. This covers an awful lot of content in one post. (click the image) ==================================================================================== =============================================================== ===================== This is where it gets even more interesting; In March I covered first the Logic for it's drop back down at a key level for distribution. Followed by the roadmap we where likely to see. Now I don't use Elliott Waves for the ins n outs of it. I use it predominantly as a tool for bias. So with the bias in mind and some logic for the drop; what did we see? Well - the drop. This for me was the foundation of the "institutional" Bitcoin. In the roadmap I posted why we where likely to go into a range - defined; As you can see from the date - this was already written in the logic, back from the value area's anchor point. Fast forward a few months again and you will see - nothing but respect; As we moved away from the bottom levels (thus the weekly 4) we saw very little volume in the move up, so added to the logic as to why we would likely see a truncated 5 which would equate to the monthly 3. This was the 24th of August. =============================================================================== =============================================================================== The next part, was just as impressive to watch (the charts that is) - when I saw the low volume move up and the move looking like it would need a drop quicker than expected. I spent the time to forecast the next set of key levels; again, into unchartered territory. When you take out a previous high, you should expect the price to rush passed and attract many new buyers - but yet we did not. (I'll cover this next) So the forecasted level was drafted in September. This was then what we would now see as the current ATH (at the time of writing). Above I mentioned why the logic was already there for a truncated 5th wave up on the weekly. So for this, you could see inside the COT data @TradingView has recently added some features on COT (Commitment of Traders). But here's the post I did on the COT at the time. ================================================================================= ================================================================================= So the logic would imply we saw the weekly 3,4 & 5 making a monthly 3 and therefore a drop down to 4 Monthly. If you revisit my comment from the image in August you will see the text in the centre of the image, explaining we would likely see 40k fast after going just above 65k. Therefore - the respect of the instrument is growing, we are seeing more and more institutional players, meaning this will become easier and easier to read in time. I have covered Dark pools in another educational post; You should understand this concept if you are not yet familiar with it. Large players entering the space does not always lead to a long position - as we can see from the current price levels. =================================================================================== =================================================================================== So for the next moves we can start to identify the swings inside the 4th of the Monthly, this in preparation for the 5th Monthly. If you have followed my streams or @Paul_Varcoe - you already know where we think the price is currently sat. If you don't follow (well you should). Then in essence Paul will cover the shorter term move. But longer term - I feel we are still making an A of the 4. This does not have to be deep. Just painful for retail. If you know how composite man operates, this is a signature move, being played to perfection. Anyways! Have a great week. Thanks for taking the time to read through this. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
COINBASE:BTCUSD
by Mayfair_Ventures
10
GME uptrend into OPEX. My prediction and thoughts.Hello all my fellow GME chads. I see GME forming a normal 5 wave uptrend pattern forming. Rules of EWT states that the 4th wave cannot go past the peak of the 1st wave and even tho we broke it by pennies, i still believe this pattern is valid. Therefor I see the 5th wave ending in the blue rectangle box labeled as such (~$150). 5th wave extensions are very common as well, especially bec we did not get a complex wave yet in this pattern. If we extend, i expect the next resistance to be 160 and 169. OPEX is this friday which means the T+2 settlement date is 2/22 (Tuesday). The higher we go into OPEX the better, I am very excited.
NYSE:GMELong
by FibTriangleWavesForDayz
2
Moon at 30 degrees ETHWith the lunar aspect at 30 degrees, we can observe the prior historical patterns and come to our own conclusions of a possible pullback in the market sentiment and price action again before heading upwards or sideways into spring. However, if the market sentiment is strong, then this degree would serve merely as a short term cooling off consolidation period over the next day or two. Lunar tools used in this analyst: "The Moon" customization tool by @NasserHumood .
INDEX:ETHUSD
by EsotericTrading
AMD chart UPDATE Here's my current chart for AMD. I'm not sure what to make of it currently, on the one hand, I love this stock and everything about it. On the other hand, has it found a bottom?? I stopped trading AMD when it hit $120 the first time around, but I am looking to jump back in sometime. My initial reaction is this most recent drop followed by the rise is looking pretty wild (bear trap), especially if we hold over $118. My prediction based on the chart would be that after such a big rise on the near 40% drop, we could easily see some downside, but hopefully not much. Maybe you can sneak a buy of $110-$112, but who knows.. This market has been quite a ride! **Note, I have not looked at any fundamentals yet.
NASDAQ:AMD
by nicktussing77