TCP/USDT - The Crypto Prophecies (Kucoin) Short term ScalpTCP/USDT dumped/correcting after the massive pump last week. Currently at the support order block.
Entry zone - $$0.1765 - $0.1973 (wait for the right entry)
Target 1 - $0.2081
Target 2 - $0.2196
Target 3 - $0.2386
Target 4 - $0.2536
Target 5 - $0.2729
This is not financial advice. Please DYOR. Market looking very volatile at the moment so be alert. if the price drops below $0.1765 major support at $0.15 and wait for it to bounce back then enter. Place stop loss below $0.1453
Secondwave
Wave Analysis: Wave 2 possibly ending todayHello and happy Friday to everyone. I hope you all enjoy your weekend! Looks like we might have a positive one for a change as today has show a bit of a downtrend for most the Crypto market.
For some, it appears they are consolidating/correcting today.
Cortex is possibly in an Impulse wave, having already completed wave 1 and currently in wave 2 for correction.
Correction has already dipped below the .236 fib. I am seeing a pattern that's telling me somewhere near the end of todays daily candle, we'll see the start of the 3rd wave.
I have two fib retracements to have a range to take into account for movement.
MACD
It's at the PINCH! Looks to be indicating the switch to the uptrend.
RSI-X
Not great. Still more near being oversold and the VOL-X is pointing down.
Stoch
Moving where I think it should be, Up, open, and hopefully it'll open up a bit more as the day continues.
Waiting on confirmation for how todays candle ends to know where things will be going. It could continue in a further downward correction if the volume doesn't improve.
Expect a large sell off between .5-.618 fib. Similar to the May 27th candle. It got near that .5 fib and it saw a large sell off.
Enjoy your weekend, hope you all have something fun planned! Stay safe!
NIO second wave is coming ?
Well, at the first rush with NIO, I admit, I bought the stock twice, both of them I saw huge percents in couple days, so I sold it out.
My biggest dream is that NIO will start their rush all over again, so I could handle like I know, and not run away when the profit is way too high.
those days, I watch carfuly about NIO, witch I belive, didn't finished yet.
As I see it now, we had 3 green days in a raw, with great gaps at the every opening,
All of that happen after Fibonachi gave us the support at the second time!
Last thing, when the electric cars stock going up, it's effect the all other stocks in this category. And I belive I do not need to tell you about TSLA stock.
next day of trading I will place my posiotion, I want to take the ride up fromwhen it starts!
This stock need to checkout once or twice a day, It's tricky position, but I belive it's definitely worth it .
And, of course, limit command is must as always :)
Trading this stock is by your own risk.
Possible Stock Market CrashNow this an interesting one,
Traditional Markets Closed last candle very bearish as shooting star and with selling pressure,
also we closed below the previous candles close, indicating more bearish momentum,
We also confirmed the 4 drive bearish RSI divergence, which is hefty
After the first bearish divergence we had on the monthly we crashed about 21.13%,
1 Year 1/3 later we had a third crash caused by corona and a 3 drive rsi divergence, which is about double as big from last crash
Now we confirmed a 4 drive rsi divergence, and the government initiating a second lockdown, aswell as the elections happening,
We very well could crash a third time and this time looking at the previous crashes, this would put us at 1720
Nasdaq sell What can we see technically?
-Technicals:
-Overall bullish
-however all time rejected record high
-Monthly supply created
-price to transition between monthly and weekly zone.
-Daily - creating indecision candles.
- Zone of consolidation forming in a nice range above 10,000, however break of 10,000 which price has attempted to do will see a good sell off.
Where to enter?
Follow your plan
we entered at 10,056 as we could see these zones lining up with our analysis
we have further sells at 10,400 if price reaches the lower weekly deep retest.
Trade is risk free, we also sold QQQs investment trust if CFD is too risky for you.
Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted.
Trade what you see, this is purely our Bias.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment.
Many thanks to the people who are new and previously following us. We appreciate your support.
Take care
Thanks,
Team Lupa.
Pullback on important support level for SP500Hello, Investor!
We are now testing the 3000 point support area for SP500, this level was resistance before so now is acting as a support for this moment and the bulls are trying to hold the price above of it.
But if the price goes below that level the objective will be 2800 points area in the downtrend direction.
At the moment the charts will reflect the virus issue, like the second wave concern.
Push the like button and follow us on Tradingview.
COVID-19 pandemic and not epidemic, exponential ant not gaussianThe COVID-19 is pandemic and not epidemic because it touches all continents all around the world.
It is exponential ant not gaussian because there is a second wave in a lot of countries.
But maybe the first wave never stopped, and we are testing more and more people.
Maybe the curve with continue to grow but start to flatten, nobody is able to predict the future.
Just don't bet against the trend, apply the maximum security to yourselves and only yourselves (until it goes to 0 with 100% of recover and 0% of death ?).
There is not plot, nobody is lying, governments and people have just no ideas of what will happen because we are facing something imprecise.
DIA - 22.6.2020- WHAT COULD WE EXPECT OF.. Hi, traders.
My name is Lukas and I am a beginner in trading, respectively, I only trade 9 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.
Short description of analysis:
We are getting out of the average local volume profile values, so be aware and expect input at $ 250. Of course, this must be confirmed by the volatility index. Keep in mind important fundamentals.Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.
ANOTHER CRASH!!!! Probably notTesting the bottom channel, might dip a little lower and go sideways a bit, not abandoning ship just yet.
Carnival Corp (CCL): Carnival surfs the second wave of COVID-192020 AUG-1: Carnival Corp will resume cruise ship travel with 8 trips planned starting Aug 1st.
Just as most COVID cases have peaked in New York and around the world, CCL is announcing a return to business-as-usual. This announcement was made despite CDC warnings.
A second wave is highly anticipated. The stay-at-home protesters (although a small minority) aren't helping to contain the spread. However, cruise vacations may not a be a priority for the economically troubled middle and lower classes. Difficult to tell how high demand will be. Then again, consumers have been bottled up at home. Enough will book cruises to create positive (short-term) outlook. Unless Carnival enacts social distancing measures that succeed on their ships, I don't see them exceeding 3 trip this year before an outbreak forces them to suspend travel again.
I have no faith in them or the travelers aboard to follow strict guidelines. We can't even do it at home. Imagine a boat full of entitled travelers looking to break from the reality that is COVID.
Thanks for reading my non-technical mumbo jumbo. I read the news and speculate human stupidity and greed. Also, science trumps all.
What do you think of this idea?
References:
COVID has peaked: www.cidrap.umn.edu
Carnival Cruises resumes August 1st: www.cnbc.com
GET READY! China 50 in trouble - 2nd wave of virus! 😨😲You've been told! Get ready. There is trouble in this heading south more likely, than not!
Reliable sources in non-mainstream media are picking up the second wave of a virus outbreak in China. This is not fake news!
The re-opening (or partial re-opening) was actually fake news. Facilities were actually being built to accommodate more sick and dying people.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile, and you lose your money, kindly sue yourself.
