Technical analysis used is called Elliott Wave technical analysis. We can see an almost textbook 5 waves movement down. I have done a quick check of the validity of the count, based on the rules and: 1. Wave 2 never moves the start of Wave 1 2. Wave 3 is not the shortest out of the 3 impulse waves W1,W3,W5 3. Wave 4 never enters the price territory of Wave...
Taking a quick look at the market to build some planned buying zones. Yellow shows you the dollar zones I am looking at. Parking dry powder with some limit orders is your best option here as some exchanges have larger liquidity drops than others. I am not sure if we will head to $20k but that probability dramatically increases if we break $30k and our support line...
Bearish Breakout on the NASDAQ! Price has consolidating in a narrow range right now, just above key support. This is important as a break below the 14,000 support level could indicate more downside. Here are the key levels to keep an eye on.
In this video I pay attention to 2H and 4H time frames, updating my previous video. I also compare momentum in the 2020 crash with the current picture. In particular I look compare squeeze momentum and RSI patterns in both periods. There is always 'hope'. But hope doesn't rule against market crashes. This is one hypothesis - not a prediction. Disclaimer:...
I wanted to do a quick mid-week update as the price action has been interesting around the recent correction. The markets (both stocks and crypto) may have found a bottom. Are they still moving together?
Both the stock market and the crypto market saw a decent bounce today! Can a bottom finally be forming?
Hey traders, Welcome to another video update for Bitcoin where I will look at some correlations with stocks that have seen a sharp sell-off recently. More weakness on stocks after FOMC tomorrow will trigger more downside on cryptos as well. However, I think bitcoin is at the very attractive support here near 30k and Ripple at 0.50. Please give me some...
What's up trader? Let's do our Weekend homework: Stocks Cryptocurrencies Oil Bonds US Dollar Sector Rotation
In this video I look back to early 2020, to see how the 40% collapse in the DJI happened. Am I preparing for a collapse or correction? Yes I am. Preparing does not mean I am predicting. What is see looking back is, that a 2 hour ATR trend south had developed. It is the best fit. I had tried 1H trend but that did not fit well enough, where price would stay...
Here is my projection for usoil for this week. lookout for reversal patterns within the box before selling this asset.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for TSLA, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, please see my current video idea on the Palantir stock, where my count suggests a possible bottom with price target to around 220 $ area. This would be equal to a 1200% increase. This is no financial advice, just my technical expertise. RT
Hello traders and a HAPPY NEW YEAR!!! My first recording video i hope you like it!! Nice long trade on ED explained in multi-time frame analysis! LONG TRADE ENTRY AT 68.50$ STOP LOSS AT 66.80$ TP1 AT 77$ TP2 AT 83$ PLEASE LET ME YOUR COMMENT WITH YOUR VIEW OR YOUR QUESTION! HAPPY TO HELP! HAPPY PROFITS TO EVERYBODY!! THE GREEK TRADER
It's has been a pretty rough few weeks for the crypto market! Could there finally be light at the end of the tunnel? View my analysis now!
#stocks down risk off is HEX a safe haven. money flows where it is treated best. or assets that are not widely held / under-owned / under appreciated move independently
Was doing some weekend homework on stocks my social media followers are into while I watched the last few episodes of Billions and came to NASDAQ:PYPL . I've been watching this stock since it hit my alert at 195.59 in November. The last two weeks of price action have piqued my interest. On the 30 minute timeframe (which I consider the swing trading timeframe)...
The Market's longer term uptrend still intact but short term looks precarious. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are...
Shib Inu Review meme coin no fluff. I cant say whether or not Shib Inu will reach $1 as it has its own issues to sort out. Is it possible yes is it probable thats where I take issue. I typically advise against buying too much Shib at one time because of its status so at the end of the video I would like to invite you to the Hive platform if you haven't heard of it...