Update BTC/USDTSee the chart for an explanation of possible scenarios. I'm still neutral when it comes to bullish or bearish. For this, we need a lot more data. (see chart).
In volatile times like now, I try to ignore as many opinions of others (noise) as possible. In this chart, I show purely potential options on a technical basis.
-Always do your own research
- Not financial advice
Neutral
$NVDA with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $NVDA after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
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$AMAT with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $AMAT after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
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AMC - price is correctingThe price is in a corrective area right now. It can retrace a bit more as marked on the chart.
2 Possibilities :
1. The correction can either be a triangle (in this case, we can see an upside soon).
2. The correction will unfold into a zig zag and we can see more downside, before the price will start to go up again.
In this chart, the second possibility is presented.
The Content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Have a beautiful day! :)
BTC Dominance Over TimeThis chart is just a simple analysis of Bitcoin dominance over time. Throughout cryptos entirety we have experienced periods of money heavily flowing into alts and this is what creates an "alt season" (BTC Dominance Drops). Then we see periods where money flows back into Bitcoin and we experience bearishness in alts. Currently we are in the middle of another bullish season for alts. However the question lies if it will continue or not. Enjoy.
$LMT with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $LMT after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 40%.
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$MMM with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $MMM after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
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$TXN with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $TXN after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
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$FB with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $FB after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
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$HON with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $HON after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 33.33%.
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$DHR with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $DHR after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
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$SAP with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $SAP after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 80%.
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$T with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $T after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 42.86%.
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$PG with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $PG after a Negative over reaction following its earnings release placing the stock in drift C.
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$PM with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $PM after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 70%.
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BTC is lagging around!We got a bullish monthly close, the highest we ever have gotten, but BTC is struggling to break above this resistance. We now had our third retest, which is a bearish sign,
because if we retest to much the probability of breaking back in to the wedge is rising. So if we break trough the small resistance line im expecting a pump. A break back into the wedge would be very bearish and could cause a correction to around 56k.
Hope you enjoyed the analysis!
SHIB NEUTRALI am neutral on shib. waiting for a better deal in the triangle and some confirmations before going long any further. 30b + market cap is pretty hot and could cool off for more altcoins soon.''
Rating 60-40 neutral bullish.
We are reaching the final portions of phase 2 markup, into the "distribution and publicity phase" the final peaks and then inevitable fall of shibcoin -61% before its next doldrum phase.
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!
$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.
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.
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Peace.
Luca, TrickleDownFX