DOGE PENDING SHORT SQUEEZE???DESCREPTION:
- In the chart above I have provided an analysis for a couple possible scenarios that may occur for DOGECOIN despite a lack of fundamentals or investor interests.
POINTS:
1. We can see that DOGE likes to have a deviation of 0.03000 .
2. Observe MACD below chart you can see that previous squeeze was predicted by a steady MACD that held a consolidation zone which appears to be what is happening now.
3. The monthly trend line on the monthly indicates that we are coming to an end of bearish momentum.
4. On the weekly if you observe the BLUE LINE trend you can see we have an ASCENDING BROADENING WEDGE.
5. Around January 20th if price action is to stay within current supply pocket price will begin to squeeze tightly this can be a catalyst for a short squeeze since we will be having the monthly and weekly pattern expire.
6. 0.07000 is a very crucial threshold to hold in order to invalidate bearish momentum and to validate current setup.
BINANCE:DOGEUSDT
Shortsqueeze
AMC, Fibonacci Channel: Support and ResistanceJust another perspective that I wanted to share with the community. These fibs can act as points of resistance or support as they have proven to respect in the past. The fractal has progressed far enough to the point where it is reaching the end, keep your eyes peeled.
"Every single line means something." Jean-Michel Basquiat
Moneygram short squeeze#Moneygram has increased in volume substantially since 2013. A direct competitor with #WesternUnion, a monster in remittances. We know that the Foreign Exchange markets handle trillions of $ dollars in volume daily. It’s a competitive market. Ripple, and XRP are a new competitor to #SWIFT (Society for Worldwide Interbank Financial Telecommunication). Ripple partnered with #MGI in 2013. #Ripple IPO follows final ruling on #Ripple vs. #SEC lawsuit (expected January 2023). #SEC / #GaryGensler meets privately with #SBF #FTX on regulating #digitalassets. Gary missed the ball: he’s either stupid, or has some agreement w Sam and #CarolineEllison . Gary Continues to be ignorant in ripple vs. Sec lawsuit. Potential leverage shorts on MGI. Look at GME. #GME holds well above ATH before #MemeStonk #shortsqueeze . I like #MGI stock. It gives me short squeeze vibes.
AMC ready to fade. Too Much Big Short Money to OvercomeI like the theory of beating the Hedge Funds and their over capitalized naked shorts
but the reality of the markets is that they exist to hurt us (the poor and middle class).
I'm expecting a fake breakout sometime between now and Christmas, this will pull in a final round of suckers.
then going into the new year, this will print a definitive new lower low on a ton of volume.
The AMC Movie Theatre business fundamentals don't matter at all, this is a meme asset that is narrative and emotion driven only
Daily Falling wedge on GME has just entered the Discount ZoneLooking at this Falling wedge on the daily, a breakout of this wedge could be substantial and shoot this stock back into the 40s with ease. SI is on the rise as is IV, Also SMC showing GME has just entered the Discount zone and grabbed a pretty big block of liquidity. Prem zone on the Daily is sitting in the $43 dollar range.
Some Down Side to come Hey All,
Just some food for thought but We have multiple charts showing some downwards pressure coming to markets all are shown below and with the CPI coming out this week and Fed rate decision we have the catalyst for another sell off. We have an Weekly engulfing bearish candle on the SP500, Vix bouncing off a falling wedge and trend line, US dollar also bouncing off support line and possible head and shoulders developing on it, Silver with negative divergence and both the 2yr and 10 yr bond yields bouncing off trend support lines. All of these charts point that pain is coming to the market. My belief is we will retest the previous low at least then find some buyers possibly rallying back from there or as indicated on the chart maybe another pump and dump lower but we wont know until we reach that point. I do think this will be the last leg down for a while until later in 2023 as company health and earnings will be the bigger question on the markets mind as rates will stagnate. This would follow previous rate and market movements in previous corrections for example rates in 2007 stagnated but markets then declined and recession in 2008, 1999 rates started to stagnate then in 2000 recession and market decline started same in 94-95 and 87. I feel the main charts to focus on at the DXY and the yields if the dollar creates the head and shoulders pattern we could see a strong short squeeze of the previous low on the SP500 and Dollar start falling but we will know if there is more pain after that if yields start stagnating or increase more.
JASMY - ARE WE IN A SHORT SQUEEZE? WHY I THINK SO!Today we can see that the 5, 13 and 50 EMAs are now trading above the 200 EMA on the 15 minute timeframe, this is the first time that has happened since December 5th 2022 which to me shows some kind of set up for a long, however when we look closer we can see that a rising wedge pattern is forming with the completion date to be around 13th to 14th December lining up with the FOMC meeting next week, this would also be where the 800 EMA is sitting on the 15 min timeframe and is acting as a resistance level. During the FOMC meeting we will likely see some volatility and be given a clear direction of what the Federal Reserve will be aiming to do, 50 basis points would be ok but would it be enough to keep the FED on track with their plans on beating inflation. I'm not sure it will be! For now im still quite neutral but its nice to see some small gains and hopefully you guys are making some nice trades, hope you understand my analysis and give me a like on the chart if you found it useful,will do another update in a few days time
MMAT Squeeze $we held above the strong support 1.60$, now we breaking out from 2.25$ resistant level if we held above it we will see a test for 2 profit.
GME GameStop Options Ahead Of EarningsLooking at the GME GameStop options chain ahead of earnings , i would buy the $30 strike price Calls with
2023-1-20 expiration date for about
$3.00 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
BTC: BOUNCE INCOMING!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC once again goes below the $16k level and everyone is extremely bearish at this point in time. Everyone is waiting for $12k-$14k from here but I don't think it is coming so soon. Maybe a short squeeze first from here to liquidate all the late shorts.
According to the chart, BTC has a good support range of $15.7k-$16.1k level and forms a triple bottom type structure. I'm expecting a bounce from here up to the $18k level.
Invalidation:- Candle close below $15.5k
What do you think here? Do you also think we can get a bounce from here or do you think that it is going straight down from here?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Upstart Holdings - Reddit Is Not Your FriendI came across this stock because of a Wall Street Journal article focused around some meme traders who were holding bags and bullish despite being on the cusp of a recession and a colossal market crash. So I started to take a look at it.
Fundamentally, UPST is down a lot, like all the other r/WallStreetBets and Reddit cesspool pump and dumps. From the description, this stock sounds like one of the many crypto ponzis, except it trades on the NYSE instead of FTX.
This chart is complete only with monthly bars and a small note for a reason. Look at the monthly bars. It's already at an all time low. You really need to zoom out and understand the macro situation when you trade. Otherwise you're just gambling. Just trying to get rich quick.
Trading is self cultivation and you need to take it a lot more seriously, or you'll destroy yourself.
UPST isn't going to bounce. It's going to $0.
Reddit is something you should stay away from. There is a heavy Marxist-Leninist faction there. Additionally, it is not a social media site. It is a social marketing and social influencing site. You think you are looking at other users organically talking to you, but you're really looking at a botnet and a public relations firm who are bringing in dead money to buy whatever bags the advertisers are paying them for.
Anyways, some scary signs on this stock are:
Earnings are August 8
Dip to buy was granted on July 7
Reddit posts like dude with 79,000 shares and a "2.27M bet" on UPST appear
A number of other chatter appear on Reddit around the same time using reverse psychology encouraging bagholders to HODL
Chatter about shortsqueezes
Company had a good earnings in May and fell 35% because it "slashed its outlook."
Q2 earnings were pre-released also around July 7. They're not good, which generated the dip.
Week before earnings it starts to pump, which takes out short sellers
Maybe you think that it will rocketship up because it's down so much
Anyways. You should know that nobody on Reddit wants you to be financially secure, wealthy, happy, and rich.
Instead, they seek to bankrupt you, corrupt you, and have you destroy your life while you hold their bags.
For example, a few months ago, the London School of Business analyzed options trading data using OPRA codes that allowed them to pinpoint retail activity. They found retail lost $5 billion trading options during the biggest bull run in stock market history.
Much of the losses were correlated with times that memestocks were being promoted on r/WallStreetBets. The promotions started when things were already up, so you'd go buy calls on HOOD, it would dump, you'd lose all your money, they'd laugh at you and then go to the strippers.
Google "WallStreetBets and Gamestop Crowd Lost $5.27 Billion" and read the study yourself if you don't believe it.
Be careful.
SPY RALLY WEEK - Are you ready for it?I continue to post these SPY Cycle Patterns as a way to help educate and explore my research/results.
The interesting part of this research is these patterns originate at an anchor point nearly 5 years ago and continue to produce valuable predictive results for each week going forward - all the way out to 2028 and beyond.
Why are they so important?
Because they can help you understand how cycles, price patterns, and psychology play a role in future price activity.
Of course, they are not 100% accurate as news items, the US Fed, and other (govt) actions may disrupt the cycle pattern trends. Ultimately, these are some of the best predictive solutions I've seen related to preparing for future trends/expectations in a long while.
Elliot wave is a great tool, but it adapts to future price movement. Therefore, what you see and believe is going to happen right now may not be valid in 2 to 5 days.
Fibonacci is probably the most valuable solution for attempting to develop any type of predictive modeling - besides my Cycle Patterns.
Well, this is all just conjecture related to what I believe.
Here we go - RALLY WEEK. Let's see what happens.
Most of November 2022 is looking quite bullish. So we may see a fairly strong start to a Christmas Rally setting up this week.
11-6: CRUSH - I expect this pattern to push into Monday, driving a fairly strong upward trend.
11-7: Flat-Down - this pattern may transition into early Tuesday, but quickly move towards the BreakAway trend.
11-8: BreakAway - This pattern should carry through most of Tuesday/Wednesday.
11-9: Rally - Off we go.
11-10: Rally - Continued rally (short squeeze)
11-11: Rally - possibly a stalling rally phase headed into the weekend.
11-12: Carryover - the weekend will setup as a pause, rotation, bottom for early next week.
11-13: Bottom
Follow my research..
BBBY $ Bottom this Year we broke our support around the 4.26$ , now is our resistant , if we still trading below it, and below our desnding line, we will seee the shorth drive the price untill around the next support above the 3.50$+, and the only level for squeeze is above 5.81$+, we need to break it for us to go over the 10$.
Domestic US Coal Laggard BTU PeaBody Energy Commodity SuperCycleThe Climate Change activism is over, Hard Energy Assets will return to power.
Domestic Coal has a lot of upward expansion ahead of itself, Peabody is currently pushing numbers: 5 P/E and EPS close to $5
Mkt Cap Valuation is less than 4 billion, can easily run to 6
Peabody (NYSE: BTU) is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel
Long GEO Group niche REIT - cool ticker, book valueThe cliche about prison life is that I am actually integrated into it, ruined by it,
when my accommodation to it is so overwhelming that I can no longer stand or even imagine freedom, life outside prison, so that my release brings about a total psychic breakdown, or at least gives rise to a longing for the lost safety of prison life.
The actual dialectic of prison life, however, is somewhat more refined. Prison in effect destroys me, attains a total hold over me, precisely when I do not fully consent to the fact that I am in prison but maintain a kind of inner distance towards it,
stick to the illusion that "real life is elsewhere" and indulge all the time in daydreaming about life outside, about nice things that are waiting for me after my release or escape.
I thereby get caught in the vicious cycle of fantasy, so that when, eventually, I am released, the grotesque discord between fantasy and reality breaks me down.
The only true solution is therefore fully to accept the rules of prison life and then,
within the universe governed by these rules, to work out a way to beat them.
In short, inner distance and daydreaming about Life Elsewhere in effect enchain me to prison, whereas full acceptance of the fact that I am really there, bound by prison rules, opens up a space for true hope.
if there ever was such a thing as no-brainer easy money
this is it.
Republican sweep up in the November Primary is what the market will begin to front-run this summer
targets are potentially conservative.
Real Estate and Construction costs are already massively inflated, the market has not yet revalued the enterprises like GEO Group
short squeeze can happen here if the retail cohort swarms it
TLT island bottomWow! I certainly did not expect this, but it should be in everyones best interest to flip long for short to mid term. TLT showing signs of a potential bottom (at best a local bottom). Island bottoms are super bullish and SHOULD NOT be faded. Pick your favorite meme stocks and go all-in longs. I think this is a bigger deal than most people think, especially before earnings and GDP news. Obviously this could flip on a dime; however, if we see any continuation our of this in the next couple days, I'd get ready for a fairly large short squeeze. STAY NIMBLE FOLKS
My favorite longs are:
TSLA
COIN
AMC
$GALA Is Ready To Short SqueezeJust forget about macro economy, bitcoin and dollar index for a while as some coins/tokens has shown signals which is ready to short squeeze.