BTCUSDT Price Squeezing > Year OpenImportant things to note:
Macro environment does not look great.
Fed raised rates 25 bps (not a big deal).
Fed likely will raise 6 more times however market likely priced in rate increases.
Recession will likely follow, should be seen by Sep and reported on at years end.
Commodity prices are flying.
BTC supply low, demand is increasing.
Volume increasing.
Price has been squeezing and I likely see the price meeting the year open one way or another.
Alts likely to follow price increase, however, this may be short lived.
Hey everyone! So things are not looking bad for BTC in general, however the macro environment looks terrible. I do not necessarily think this is a bad thing for BTC though. I believe through this next year or so BTC will have its chance to show its worth as a hard storage of wealth. Right now the price has been squeezing for awhile. I figured BTC would have made its move by now, but we are still waiting for the big jump to the year open. I see two scenarios playing out here: 1 - price will fall and test trendline followed by a run to the year open 2 - price is squeezed immediately to year open. I believe the latter is most likely. There is a lot of things playing out at the moment and it is important to see how the price reacts to the year open range. Otherwise, we might see a lower high and more damage for the coming months. Right now, I am carefully hopeful short term and extremely confident longer term (until 2023). BTC is looking great from a supply side, however the demand needs to be higher. I think these uncertain times may play in the favor of BTC. Gold is set to make a push higher in the coming years and I believe BTC will follow in a big way. With a recession on the horizon, it is tough to guess how altcoins will perform during these times, however being conservative is always the best bet. BTC will be fine in my opinion. Thanks again everyone!
So tell me what you think?
Not financial advice. Do your own research.
Squeeze
Cheap call options - Swing and Squeeze UpI am seeing about 27% short interest in FUBO, but I do not trade on this. My technical reasons are sound, and short interest may drive stock higher if it moves up. There is a large sell block today, 22k, at $8.03, which may clear this week for stock to move higher. Call options are very cheap so I suggest taking 14Apr and later expiry. This stock has not gotten attention yet (unlike other meme stocks) but I think it will. Buying here below 8 gives you a very low risk swing trade with a tremendous reward potential.
Weekly chart
> RSI and stochastic both are exiting from oversold levels and may see buyers in the next few weeks
> Ovals highlight previous move up which could repeat, technically speaking
> During price rise marked by oval RSI held over 40, so this this time with it coming from below 30 there may be more buying power
> Set 8.40 alert - over this could see a sustained move higher
Daily chart
> Bullish divergence complete (green lines), followed by strong move over the downtrend line
> Stochastic %K gave a warning for more upside price action (rectangle), and %D still has to move higher
> Looking for RSI to move over 50 and stay, to support more upside
> Green arrow marks a bullish 3 candle move that helped 10ema move over 20sma
On 30min chart, 20sma is above the 200ma and the cloud. You can draw a support line from the highs on 18 & 23 March.
GME SqueezeHi - short and to the sweet. GME 50 EMA crossed below 200 EMA around 1/12/22. The last time the 50 EMA crossed above the 200 EMA was in 2020. Despite the short squeeze events, or whatever they were, GME has been in a positive direction for ~2 years. Right now we may be going through another short squeeze (you see it with AMC, TESLA, and a handful of other Wallstreet Bets stocks), but considering the recent EMA crossing, I believe that GME will start a downtrend as soon as the squeeze is complete. This is not financial advice, just an opinion. Please comment with thoughts. BTW - same thing goes for AMC. Not sure about Tesla, as it's an actual company with current applications.
AMC looking very bullish!NYSE:AMC
1 Day Chart
EMA (Exponential Moving Average): 20EMA is yet to cross 50, 100, and 200 but moving towards the 100
TTM squeeze: momentum is up and squeezed.
Fib levels: Currently launching off of the 0 level but still in danger. It needs to cross and hold the .382 level ($22.50) for the bullish pattern to continue (giving the market noise are calm).
Candle stick: Bullish Pin Bar followed by a Bearish Pin Bar...This is indecision...
Pattern: Bullish Pennant. Price still needs to cross the .382 for confidence and psychological continue momentum. It also has a double bottom which is a bullish pattern.
News: Recently invested in HYMC
History: It failed the last double bottom in Nov. 8th and crashed heavily. We have noticed a major reversal of trends for a lot of stocks starting Nov. 8th 2021.
If AMC fails this double bottom, there are chances it could fall to $13.54. If it holds the bullish pattern, the next prices are $27.71 and $31.04 (both major resistant levels).
AMC break out on the BOLL AMC has been getting lot of momentum and is still on the upper BOLL opening today. We could see a move over the BOLL and recent highs into the last supper area we had. Roughly %30 to that area. With the MACD still under on the 1D it could get that 30% in this 1D candle to keep the momentum
My last post one week ago was EXACTLY correct. I predicted everything nearly perfectly to my surprise.
I said we would probably either have a pump or a major dump. Not only did we majorly dump right before the pump, but the pump was with in my time frame and just barely broke over my designated price target.
I hope you all cash out in the morning.
Good luck apes!!!!
LFG!!!
AMC testing on the BOLLINGER The BOLL seems to be a super good way of finding potential areas of where price is and can go too. Right now it’s testing the Middle BOLL on the 1D and could get rejected or make its way to that upper band. With multiple green candles trickling up on the daily. It’s likely to see that move to that upper band level before coming back down to the lower on the 1D.
HBARUSDT Price Squeeze and BreakoutHBAR has been an asset that has been beaten down for awhile now. However, BTC and alts are looking good in general at the moment and I expect HBAR to do the same. Right now we see divergence in RSI and a price squeeze that has pushed the price up with the help of BTC (or the BTC LUNA purchased lol).
Tell me what you think?
Not financial advice. Do your own research.
Cenntro Motors Charting CENN has been on a very long down trend and have finally started to level off. It seems to have found support at $1.20 and resistance at $1.40. Now only that it have strong mac d cross on the 1-4 hour since the 15th. Ever since that sign of a reverse it has been testing the BOLL and IC on ever timeframe up to the daily. Right now it looks to be in price discovery. Will it go back into the pocket or will it trade to or through the resistance prices from the way down from $7. It looks super strong I’m the case that it will test those resistance areas and make test the previous floor of $7-$10. It is an EV that specializes in trucks and vans for companies. This type of products could lead to lot of sales as governments want to be fully electric predicted for the next decade.
$MULN hold our support at 1.54$as we said on our last chart analysis, we need to hold above the 1.54$ support , to confirm the retest for the our resistant at 1.95$, which today we gaped above it and hold above the 2$, now the 2$ is our support , we about to test a massive resistant box , which we will see a bit of tourblance before the squeeze target around the 5$.
a bonus in TradingView coins (up to 30$)
tiny.one
MULN Holding an important support MULN stock have to hold above our current support 1.50$ and above our EMI in order to confirm the bullish momentum to test 2 RS target, the first signal to confirm the bullish momentum is closing 1h above 2$ as shown on the chart, when we hit both we will do an update for the next target .
BBIG reversal price target the short seller's are in control as long as we trending below our ascending line and trading below the 2.16$, below this price and the above the 2$ is an important level to hold, cause if we didn't hold above the 2$ next week, we will see the price test the next support target above the 1.60-1.70$, where we will see huge buying pressure again.
the 2.66 resistant still is huge sign for strength if we close above it , and the 2.16 should be our support to confirm that .
ALGO/BTC (Algorand) Chart Showing Promise on a Logarithmic ScaleBINANCE:ALGOBTC has found support on the 0.5 Fib line and a rising trend line on the logarithmic scale. In this chart, I argue why these two signals are not strong enough and conclude that we should wait longer for a trade setup to emerge.
You can follow this chart here .
I hope you learn something from this video and if you like it, then please leave a like.
If you have questions, then please leave a comment.
Thank you.
This will likely happen in my opinionRead how I feel about this in my other posts. I’d say we’ve got about 1-2 years left of the fight, if not longer. Don’t gamble on weeklies, however I am not saying don’t buy contracts. Huge misconception, calls can gamma ramp, but also drop the stock heavy when they expire worthless.
We need another gamma ramp for the next huge moon, that’s my full opinion after everything I know. I seriously don’t think the next “squeeze” will even happen unless we have a gamma ramp. We’ve gotta ramp into the squeeze on this.
Everyone keep thinking it’ll come out of no where. No tf it wont? Did the first one ever “come out of no where” no.. no it absolutely did not. Leading up to the first squeeze we were having green weeks for months. Then for DAYSSSS GameStop get getting squeezy in after hours and premarket trading.
Again.. this isn’t financial advice for anyone. This is what I’m observing and the decisions I would personally game.
CantStop. WontStop. GameStop
$CEI price reversal signwe got rejected at our box as we predicted, now we still holding above the 1$, we should see a reversal if we hold above our current box of support , cause if we did , we will see the squeeze next time above our box of rejection , we should have at least a 1h candle closing above to confirm that.
tiny.one
VIX is brewing for a violent moveTo the ones who are not familiar with the TTM Squeeze is a volatility and momentum indicator developed by John Carter, which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. It has 2 stages: Being in the squeeze and squeeze being fired. (those who wants to learn more can research on Google). The squeezes are colored red and black, fired oned are green. Since 1980's there had been total of 306 squeezes where 143 of them fired for long. Average squeeze length is 9 and average squeeze move is 11% and the biggest one is 431%.
As of today we are in a squeeze of count 18, the bigger the count (consolidation) the violent the move is. As all indicators are positive (MACD cross, RSI 14,50 cross, golden cross, etc) making this all stars aligned for a blackswan day which is not far. Also this setup is confirmed by the lower time frames.
Stay and trade safe.
PS. This is for entertainment and education purposes only. Not a trading advice.
PS2. The TTM indicator I am using is the REAL one not from community indicators.