Bitcoin possible price points 2nd & 3rd quarter 2023According to the charts Bitcoin has been moving to the upside pretty aggressively lately. These price points are only speculative and based on probabilities only. Bitcoin could reject these support/resistance trendlines. I have trendlines (solid lines) and strong support and resistance in corresponding color as dotted lines. If they match up and hit the target we could see them within the 2nd and 3rd quarter of 2023. What I have learned in plotting trendlines is they are a strong signal for possible outcomes depending on the trend of the chart. Many analysts are bullish and rightly so but there are still a few who are more cautious and predicting a lower correction if Bitcoin does not hit above the $30k level and remain there for a certain time period.
Quarter
Overview Q420/Q120 for BitcoinNo meaningful TA here. Just an overview on the angle trends, price growth/loss during the past two quarters. General observation is that volatility grows each wave up, with the last correction volatility was highest, and the correction was significantly shorter than earlier corrections, though well within the range of correction, about halfway between the % correction of the previous two.
Note, I'm still learning TA, welcome any other observations or feedback.
USDCAD BEARISH So Readers,
You have my idea on USDCAD:
Monthly, Weekly and Daily chart all heading bearish. There isn't any need to go long this market !
Big player are in the market now as we have the 3*HTF momentum poised Bearishly
The short term target at 1.2600 seems viable traget... Biden in the white house doesn't help out the US dollar
Bearish momentum must continues this first quarter. I personally reduce the risk at the beginning of year !
Keep the risk low and have a control of your trade :)
Eurgbp for the buy 3 days at most and respecting Channel Downtrend traveling through a down channel and respecting key level prices with my supply and demand zones ‘ purple daily supply and demand zones
Green 4hr supply and Demand zones
Weekly orange zones
Monthly blue zones
Double top possible retest of the previous low that broke with bearish momentum. retracement
JPM Dark Pool Quiet DistributionJPM has been running well over the past quarter. However, as the fractional and odd lot new investors buy, the giant Buy Side Institutions are selling. The white candlesticks over the past few days reveal just how heavy the Dark Pool large lot selling is, as the gains are below the previous highs. The risk is that the new investors may run out of capital, which could create a sell down at least temporarily.
BBBY will be seeing 15 soonFundamental View:
Short in the next quarter, Sweeping changes at board level, Earnings Miss, Sector dying if not evolving (BBBY are not). Q1 & Q2 earnings are a write-off. The actions taken to address issues are actually costing more and are old school therefore will take at least 12 months to start to implement and no one with a big name of turning companies around has been mentioned. Replacing the board with mirror image of what was there before will equal the same outcome, lol next they will start announcing the new board members are buying shares in the company as they believe in its long term future bla bla bla lol
Tech View:
Short term very clear Head & Shoulders pattern with some huge gap filling potential in the mid term. Really cant see anyone stepping in front of this train.
Summary: BBBY will soon not be around if it does not evolve with the game, its an old world retailer in an Amazon era and unless it completely changes its operating model it will die it will just take time.
Fundamentals: Short Bias, Tech: Short Bias
Short every pop and Bank, My Av is 18.96 Target is at least 15 test in next few weeks. This one should be on everyones radar as we will see pop and fades all year - Its a banker.
Really would be surprised if this junk manages to break 20 again, but I hope it does I can add more.
TRYRUB @ -17.30% one of (1482) best performer (4th Quarter) !Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
1482 Cross-Rates (4th Quarter Statistics) @ drive.google.com
Best regards
Aaron
EURGBN @ 0,00 % lowest performer (4th Quarter) of 1842 !Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
1482 Cross-Rates (4th Quarter Statistics) @ drive.google.com
Best regards
Aaron
TRYRUB @ -17.30% one of (1482) best performer (4th Quarter) !Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
1482 Cross-Rates (4th Quarter Statistics) @ drive.google.com
39 Currencies (4th Quarter Statistics) @ drive.google.com
Best regards
Aaron
EURGBN @ 0,00 % lowest performer (4th Quarter) of 1842 !Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
1482 Cross-Rates (4th Quarter Statistics) @ drive.google.com
39 Currencies (4th Quarter Statistics) @ drive.google.com
Best regards
Aaron
Radioshack Corp -RSH -Daily - Quarterly "Box" TrendlinesI like the idea of plotting the entire quarter around the price action so you can see where the stock is during the beginning and end of a quarter and how the quarters stack up against each other.
Then I noticed that a trendline across the top right corner of the quarter gave an interesting price level and then kept drawing them. Notice they are somewhat interesting in this chart of RSH.
Do some work on your own and see what you find.
Tim
9/27/2014 4:03PM EST