Season
Buy Domino's 🍕???Technicals
We're now at the 38.2 % Fib retracement, which would be an excellent correction in a bullish trend.
We have been in the big picture for over ten years in a bullish trend. So the underlying trend may continue.
Concerning the last 15 years, we have a robust bullish seasonality in Domino's Pizza. From the 24th of Feb until the 12th of May, only one year returned with a negative result in the given period.
All other technicals are somewhat bearish.
Others? I think that even when the economy collapses - people will still eat pizza (and order them ;) ).
So I'm positioned long in this stock. It's a speculative position - I don't know if the correction was big enough; otherwise, we will see 395 or even 355 USD prices before it goes up again.
My Top Favorite 27 Altcoins Right Now on Coinbase!In this video:
* I review my top favorite 27 altcoins I have hand-picked from the coinbase selection
* These coins are all primed, pumped, and ready to explode
* All coins adhere to the price, time, pattern methodology of selection
* Please remember my swing trades are typically 5-6 weeks on avg.
Best of luck traders,
- Stew
BNB/USDT bullish channelBNB/USDT is in a bullish channel that could continue once the retest season is over, as we can see in the chart the important resistance between 611~659 will be overrun once the bullish altcoin season is back again, with a bigger mass adoption of cryptocurrencies next year, we will be having an important bullish movement with this coin in particular as it is been a coin that maintained it's price during the late retest, therefore on the short run we are in a buying zone where we are looking for a more aggressive bullish price development.
DXY harmonic butterfly 3D TF 20/08/21DXY has broken the local double top and penetrated the area of interest, as well as making a structural higher high close on the 3D chart. We have also seen DXY seasonal strength start to kick in right where expected from the previous idea.
We must respect the notion that a double bottom scenario may be confirmed here, as well entering back into the larger channel shown in the previous idea.
PRZ is set in at 95.5 - 96.6, around the 1.618 extension completing D.
ETH/BTC - The MOST important chart in Crypto. ALTSEASON is BACK!ETH made a MAJOR break on the BTC pair... M-A-J-O-R!
This is HUGE for altcoins. I think altcoin season is back and it will BLOW-UP in December.
Watch this chart and ETH on USD... will go up very fast.
What will altcoins, shitcoins, meme coins do? Explode.
The search for a top in this bull cycle just started!
Like and follow if you liked my idea!
Charting on the fly - Elon Avax Toko - Learn how to chart & TAIn this video:
* I chart a few altcoin suggestions on the fly
* I teach you how to spot patterns, draw Fibonacci retracements, draw trendlines, and other basic technical analysis how-tos
* I review the value of doing technical analysis vs. news reading
* Elon, Avax, and Toko coins are reviewed.
* It's altcoin season ya'll
Bitcoin Season! BTC Dominance triple bottomBitcoin Dominance has just found a very Bullish Pattern, a Triple Bottom. I would expect BTC to potentially break the All Time high within the next 1 month, before correcting again down to the 44k level 1 last time. And then we may be in for a big long run up!
Gotta Love Bitcoin Season, because it precedes Altcoin Season, another very fortunate time. I call the previous, "Bitcoin Season", although there really is no term for it. We used to think every 4 years, BTC would knock everybodies socks off and steeply incline, but that seems to be lengthening from 4 years to potentially up to 6 years (Jan, 2024). We won't know until it happens, although there is data suggesting this.
I have talked about this before - having measured distances of random points in a 4 year halving cycle on Bitcoin (BTC halves every 4 years, meaning its production of new Bitcoin is cut in half, essentially limiting the supply(. When I measured, I only had a couple data points, but I came up with numbers between a 1.6x to 1.66x increase. This is how I predicted the bottom of the current BTC decline to be early-mid October. And how I came up with Jan 2024 for the actual peak.
Altcoin Season happens after people pour their money back into BTC. It's almost like a slingshot affect, BTC springing up high, Alts dropping to lowest prices - prices here referred to each coins cost in Bitcoin. To see this, check out your favorite Alt/BTC chart. Then, during incline, Alts start staggering behind. When Bitcoin Peaks - we see the Alts rapidly accelerating, and when BTC crashes - the Alts just take over. They didn't peak until May 2018, 6 months after Bitcoins crash! Those who traded were rewarded, as Tron - an example - gained 7000% on Bitcoin. A lucky trader would have made 70x more Bitcoin!!
Excited for the coming seasons - although I do think we will have to wait for the actual peak.
BTC bottom and Alt season defined by FibsIn this study, I will look at the ratios on BTC.D to define the bottom of BTC, and the start of Alt Season.
As BTC.D is showing signs of upside, exactly like it did after the 2017 top, indicating weakness for altcoins after this year's parabolic boom. Many alts went 30-100x, and it seems like it's time for them to consolidate.
This bear market seems to be rather exceptional, breaking S2F (temporarily?) because of general market weakness.
If Fib ratios would be held I will be looking at the 0.382 and the 0.618 levels for 1) the BTC low and 2) the start of alt season.
$CPRI: Continues to stun the marketWith another massive earnings beat, the market continues to find value in this name that was getting beaten up long before COVID. Should be interesting to see if CPRI can continue to impress into holiday season and beyond.
Q2 2021 Highlights
Revenue increased 178%, with better than anticipated results across all three luxury houses
Adjusted gross margin expanded 90 basis points versus prior year
Adjusted operating margin of 20.8%
Adjusted earnings per share of $1.42
Raised full year adjusted earnings per share outlook to $4.50