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Shiba Inu going parabolic!Shiba is rising again! The next Dogecoin? Today Shib got 11th place on the ranklist and Dogecoin is on the 10th place. They are actually very close. Maybe Shib passes Doge. Shib is forming a parabolic curve a pattern which shows that the currency is really overbought. We are right now coming to a very sharp point of the curve, where the most parabolic trends stop. Im personally not invested, but I think there could be more upside and then a bigger correction. good luck!
by HenrikDaCrypto
$NFLX | WEEKLY WATCHLIST 10/25If markets show signs of weakness at any point in the near future, I believe Netflix will be one of the most prime short setup out there. Many signs pointing to downside here for the stock. - Recent run-up due to overall hype and the massive success of Squid Games (believe we need to cool off a bit) - Concluded all Minute, Minor and Intermediate EWT counts (assuming my count is correct) - $VIX sitting on major support and is at it's second lowest weekly close since 2/10/20 (market is susceptible to a pullback) With that being said, I will wait for downside confirmation as well as volume before entering a short position on Netflix. I would also want the indices to be confirming on a downtrend as well as $VIX to be in an uptrend. These factors combined would get me short. All in all, I'm still bullish in the long-term as shown.
NASDAQ:NFLX
by StonksSociety
FB POSSIBLE ACCUMULATION DISTRIBUTION, PRICE STUNNED SIDEWAYS!Hello my beauties. It seems like FB has just entered a range. It gave us a PSY (the price hesitated strongly in preparation for a new phase) and it is probably going to fall down to support before giving us further information. It is hard to establish what will happen next as it is too early to make out whether we are in a bullish scenario or bearish, but I thought it could be a nice opportunity for those of you who like trading ranges. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
NASDAQ:META
by TrickleDownFX
IS TESLA DISTRIBUTING? OR REACCUMULATING?Hello my beauties. I think TSLA is going through an interesting phase. It broke the trendline that led it to its all time high, and the sellers came in strong, stunning it sideways. For us to fully understand what is happening, we'll need to wait for some more price action. However, the following scenarios are possible, in my opinion: 1) TSLA will give us a nice UT (upthrust) off the higher end of the trading range, and we'll know that a distribution is happening, with the subsequent downtrend that will result from it; 2) TSLA will spring out off the lower end of the TR (trading range) and give us a nice uptrend continuation. The bias for now is neutral, as we wait for price action to give us further indications. It is something that I'll be keeping an eye on. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
NASDAQ:TSLA
by TrickleDownFX
MASSIVE DAILY INVERTED HEAD AND SHOULDERS ON GBP/USD!Hello my beauties. I noticed this massive head and shoulders has formed during the pandemic.It has led the price to break a bearish trendline that had been lasting since November 2007. Since the pound has been in such a prolonged downtrend, I wouldn't be surprised if it came back down to kiss the trendline, so I'd be wary of opening longs right now. The ideal scenario would be a drop around the trendline and a price reversal from there. I will be observing this pair as I believe it will be providing multiple opportunities. Check out my other analysis in the description. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
by TrickleDownFX