Lumber Futures' Incredible Parabolic RunAlmost always, when something goes parabolic then breaks its trend line, the aftermath is brutal. Bitcoin too. Tulips also. Uranium. Gold. Silver. Oil. Etc.
Know this pattern, and profit from it.
-Ian
Parabolic
NASDAQ / D1 : Parabolic risk taking... problems ahead !NOTE : Sorry I misplaced the trump's election in the timeline... Sorry about that little glitch !
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
TSLA buying spot
Tesla buyer:
spot in the green rectangle.
Weekly consolidation chart I expect upward movements in the next 2 weeks.
Possible swimg trade -Resgo Medium high
Horizontal support
If you want more analysis and better set up/education :
I just opened for public my trading group and if you want to follow more in detail and be part of my work day, you can join on a monthly basis.
If you are interested private or telegram @ M0byy
BTC/USD Monthly DXY correlationHi guys ! this is my monthly chart with DXY correlation and its pretty interesting and ofc is a big factor , remember you are trading BTC/USD or whatever currency in our country , but USD is the most important.
Watch close whats going on there guys , if dxy drops , btc go up , if dxy moons btc will drop and find consolidation and botton line hopefully :)
Keep it simple
Whisperer
Dogecoin still 40% + to go!!! VERY MUCH MOMENTUMThis has all the signs and is a good ol' Dogecoin pump : ). Looking at my chart, the ROC (rate of change) of this pump is far more ridiculously faster than any previous Dogecoin pump... This is the time where the believers, insiders, and experts in blockchain get their payday. Dogecoin is far from a meme coin, has been a fully functioning blockchain since it forked from Bitcoin, is in the 10 oldest (and thus most trusted/ not going anywhere, and best of all.... IT WINS THE CONTEST FOR SOCIAL SENTIMENT.
When using SEO tools + the social sentiment tools available on multiple cryptocurrency websites, within the ENTIRE world of well over 2000 coins and tokens... Dogecoin is the most spoken about, when taking the top 4 (btc,ltc,eth, and Bch((cringe)) out of the data, Dogecoin has the word of mouth by magnitudes.
Anyone who knows TA- Scope my chart. Every pump has broken the green line it is currently at, and then kept going at least another 40%. Compared to what most pumps have netted, Doge has about 40% more to go potentially, and then some. Oh and mainly look at the momentum firing from the daily TTM Squeeze.... insane.
There is real FA behind this push. I believe it is the main cause, or a very potent catalyst: ROBINHOOD.
1. All people 30 and younger are not signing up for ETRADE or TOS... They are signing up to Coinbase. This is fact.
2. Those older and within the same age range and all future younglings use Robinhood for Traditional Markets (if they do) because of their 0 Commission platform. It saves you A LOT. Now they have 5 options of Crypto to buy, one of them being DOGECOIN.
3. As Robinhood Crypto is rolled out to more states than 5 (could be 9, don't quote me), tens of millions of people with 100's of millions of hungry money looking to be put at work, crypto cap has nowhere to go but up as the most important door is opened.
4. Like Cramer's dogs name is NVIDIA, mine is named Dogecoin. He didn't know NVDIA's secret to an amazing 2017-2018 was because of crypto mining chips at the time. I did.
5. Books are thick of liquidity.
5. Behavioral Economics. A VERY CHEAP but time tested, and utility bearing coin like Doge, + new market entrants + increased fiat gateways + Eth Bridge + the soon announced partnership with The Moon itself = Vast Majority of People putting at least some, if not A LOT or A LOT A LOT into something that could very easily and just might be becoming The Next Thing.
Questions? Ask away. Trade at your own risk. This is not financial advice. This is more my plan (thats working) towards The Dogenation.
P.S. if you miss this and are reading this - there won't be another opportunity so buy some, um HOT or something.
Namnaste
BITCOIN: parabolic reversal to ATH in spring 2019?This one is really interesting. Not only did we cross again the 40 mark on the daily RSI (repeating wave pattern), but also we bounced off the 6k support line which not many people had expected. Market always finds a way around the opinions of the masses. This time I want to show you, how a parabolic reversal back to ATH could look like. Its matched with the news of Bakkt and some ETFs that will be approved or denied. A possible scenario is the alt reversal to previous median prices during september to november, then when Bakkt opens the door for many institutions as Starbucks and Microsoft for example (already signed a deal) I expect BTC to take the turn around and leaving alts behind for once again, like many times this year.
This is just some though play I had lately while observing other similar crashes of cryptomarkets. We have approx a 2x to 3x speed increase cause of more volume and media attention than any other market crash. This means, faster dumps.. but also faster recovery.
Let me know what you guys are thinking. Tomorrow is the first ETF decision.. (which is only a tracker ETF tho, nothing too important and should be approved in my opinion, cause there are many tracker products already in place).
For people who are not sure how to handle those difficult times, but are already in coins, why not tether up some % of your folio? Then either buy in again while its going up, or wait till bottom out and accumulate if you still believe in the project.
Cheers
End Of Industrial Revolution Parabolic AdvanceIt appears that the end of exponential growth the economy has enjoyed since at least the Industrial Revolution is due to end. Price target after breakdown is set at 70%, although the window to hit is so wide (~30 years) that it is unimportant other than to indicate that a major bear trend is on the horizon. Luckily, downward movement should not begin until 2019 at the earliest so there is time for further analysis. Will continue to update with any major changes / supporting (and dissenting) evidence
Possible predictions as milestones in the near futureFIRST OF ALL: LOOK AT THE NEXT SNAPSHOT, AS THE CHART CAME OUT UNPROPORTIONED AFTER PUBLISHING AND MY CROSSING POINTS ARE NOT CORRECT BECAUSE OF THAT
(OR, YOU CAN STRETCH THE CHART JUST A LITTLE BIT BY SLIDING THE MOUSE UPWARDS ON THE PRICE AXIS ON THE RIGHT...UNTIL THE CROSSING POINTS ARE IN THE MIDDLE OF THE YELLOW CIRCLES... DON'T TOUCH THE TIME AXIS AND DON'T ZOOM, JUST LOOK AT IT !)
BECAUSE OTHERWISE THE PARABOLES WILL NOT LINE UP WITH THE POSITIONS I INTENDED.
It might look or sound weird or supersticious and it looks like an astrological chart, but anyways...
This time I used 5 different parabolas and drew, repositioned them over and over, and after an hour or 2...
AFTER.. with no intention initially, I looked at patterns and detected by accident the remarkable crossings of the parabolas.
I tried to find a pattern which could predict the near future. Of-course it is only with the history available, so don't take it too seriously (otherwise we could all predict the future)
Though I found 3 remarkable crossing points. It are no moving or exponential moving averages, but just parabolic movements which connect multiple points and create some kind of pattern.
It is the weekly chart, so the dates I will be mentioning are not exact, so could be about 3-4 days max. off-set. ( I didn't look up the exact date)
All gathered data is after the all time high.
At Jan 1, there is a lower high, and right after the market turns bearish; this is the exact crossing point of 2 parabolas
At Febr 5, there is a lower low, and right after the market turns bullish; this is the exact crossing point of 2 parabolas
At May 21... there is nothing :-) the only thing I can find that it was the exact same price as now... and this should be a support level ! maybe this should have been something more... who knows
At June 18, we had the LOWEST LOW ! and after the market turns bullish again !!
NOW... what you're all waiting for if ... you have some room left in your head for some potential 'hocus pocus' ... what will the future bring?
AUG 27 : CROSSING POINT OF 2 PARABOLAS (this is also the crossing point of 2 major trendlines (ascending and descending) which I drew somewhere in previous chart
SEPT 17 : CROSSING POINT OF 3 PARABOLAS ! this could be reversal point?
OCT 1: CROSSING POINT OF 3 PARABOLAS !
I have no idea what will happen then...
One more thing... what is remarkable that I don't have any crossing point between June 18 and now... maybe we're still in a bear market, but it looks kinda strange as aug 27 is the next crossing point and at the same time a crossing of 2 major trendlines at the level of 7800 usd !
I have a feeling we will get to that level again in the next couple of weeks...
But... we never know of-course... to me a drop under the 6800 usd level, is passed the 61.8 % retrace and looks kinda bearish to me... but.. there must be an upside at some time and we should break above the large falling wedge one time.
cya
AMZN story is that there Long term Debt to equity 141% The best part of the AMZN story is that there Long term Debt to equity 141% wow that's higher then, GooG, FB, Etc.
They keep having to spend more money into Debt to keep this going.
I love how they hide there numbers in there quarterly reports and you can only find this information on there annual reports. Under Long term Leases
Target 800 minimum
Trading Strategy for Parabolic Markets [Part 2]In Part 1 I outlined an approach that I have been working on that's aimed towards trading parabolic markets. Now we look at some trades!
Amazon
Daily
Notes: Hyperwave Phase 4 if it supports throwback to prior ATH’ | 10 MA > 50 MA > 200 MA | Daily ADX recently crossed 25 | Weekly ADX = 37 and is currently crossing +DI | Daily RSI = 61.46 & Weekly RSI = 74.78 | Cluster of support at $1,720 from: prior horizontal resistance, 50 day MA, phase 4 hyperwave, the weekly and daily TDST levels, weekly Tenkan-Sen and the daily Ichimoku Cloud.
Q-2 Earnings Report: Expected earnings per share: $2.49 vs $5.07 actual earnings per share for a +103% surprise.
Time Analysis: Horizontal meets trend on 8/6/18
Possible Entries: Blind order at $1,720 | Buying consolidation at horizontal + trend + 50 MA + cloud support | Waiting for green 2 to trade above green 1 on the daily
Microsoft
Weekly
Notes: If it supports throwback to prior ATH’ then phase 3 is confirmed | 10 MA > 50 MA > 200 MA | ADX > 25 | Weekly RSI = 71.14 | Daily RSI = 59 | Cluster of support at $102 from: prior horizontal resistance, 50 day MA, phase 4 hyperwave, daily and weekly TDST levels, weekly Tenkan-Sen and the daily Ichimoku Cloud.
Q-2 Earnings Report: Expected earnings per share: $1.07 vs $1.13 actual for a +5.61% surprise.
Time Analysis: Trend meets horizontal support on 8/10
Possible Entries: Blind order at $103 | Buying consolidation at horizontal + trend + 50 MA + cloud support | Waiting for green 2 to trade above green 1 on the daily.
Risk: 5.31%
Potential Return: +92.5%
Risk:Reward = 18.5:1
Alphabet
Notes: Tyler Jenks said that he is waiting for new ATH, throwback and new ATH to confirm phase 4 of the hyperwave (pink dotted) | 10 MA > 50 MA > 200 MA | Support cluster at $1,196 from: prior horizontal resistance, phase 4 of the hyperwave, daily and weekly TDST level, weekly Tenkan-Sen & Kijun-Sen and daily cloud.
Q-2 Earnings Report: Expected earnings per share: $9.45 vs $11.75 actual earnings per share for a +24.34% surprise. Better than expected earnings despite $5B fine. $32.66B in Q-2 revenue vs $26.01B during Q-2 of 2017. Expected: $6.7B income on $25.6B in revenue. $8.27B in revenue and $4.54 earnings per share.
Time Analysis: Horizontal support meets hyperwave on 9/17 | Green 3 > Green 2 on the weekly indicates 6 weeks left to the upside.
Possible Entries: Blind order at $1,198. Buy consolidation with reversal candles at support cluster. Wait for green 2 to trade above a green 1 on the daily.
Risk: 10.5%
Potential for return: +92.5%
Risk:Reward = 8.8:1
The Boeing Company
Notes: Hyperwave phase 4 | 10 MA > 50 MA > 200 MA | ADX < 20 while price consolidates inside triangle | Currently getting support from daily cloud and 50 day MA | Weekly RSI = 64 | Daily RSI = 55.61
Q-2 Earnings Call: Expected earnings per share: $3.45 vs $3.33 actual earnings per share for a -3.48% surprise. $4.7B of operating cash and repurchased $3.0B of Boeing stock. Paid $1B in dividends, reflecting a 20% increase from last year. Q-2 Revenue = $24.3B with a higher volume of commercial deliveries and a favorable mix of services and defense contracts.
Time Analysis: Triangle will be 66% completed on 10/30 and that is the most likely time for a breakout to occur.
Possible Entries: Breakout of $380 that is supported by volume | Throwback to $380 on decreasing volume | Green 2 > Green 1 after breaking out from $380
Risk: 9.16%
Potential Reward: If triangle is a bull flag and 9/5/16 to 2/12/18 is the pole then the target = $617 or +64.53%
Risk:reward = 9.16%:64.53%
Saved the best for last and ran out of room. Will have to make this a three part post.