Intuitive Mode!King W. Harbmayg's Journal Entry #33
Lesser Position— 1:5 R
Scheme 1— Thesis via 15M
a. who is currently in control of the market?
buyers
b. is the market currently in its pump phase?
yes
________________________________
Scheme 2— Execution via 1M
a. is the market at a significant price level?
yes
b. execute.
Summer
Type One!King W. Harbmayg's Journal Entry #32
Greater Position: 1:10 R
Scheme 1— Direction via 1D
a. current daily structure favors shorts,
b. prior day printed short candle,
c. and so my bias is short
Scheme 2— Structure via 15M
a. pump & dump setup,
b. market structure supports bias,
c. price pushes from supply zone
Scheme 3— Execution via 1M
a. price is at or near coordinate,
b. execute during entry window, (X)
c. stop loss at high of structure (X)
$SUN Cup and Handle Breakout with HUGE Volume bar in the WeeklyNASDAQ:SUNW Cup and Handle breakout with HUGE volume bar in the weekly TF 🔥
Can triple easily imo📈
See my previous idea. Spotted this bullish move when it was sub $1 💰
JETS - Long term play for IRA accounts
Breaking out of the trendline on a decent volume.
Needs more push to clear the overhead supply and test 24. I think a pullback there and breakout would set this long term.
Note: these are 3 Day charts, so my confidence and comfort level is higher. Regardless stop has to be respected.
Disclaimer: Started a position today. Will add as long as 11 EMA is held.
TOTAL3 - Alt Season Could Be Just Around The CornerIn a previous idea i've compared eth price with what btc did in may- aug 2017. TOTAL3 (crypto m. cap excluding btc and eth) looks even more similar than eth does. We see clear initial fall in the summer, then barely setting new highs, before turning down, heading into the lows, maybe go even lower a bit. We should expect HUGE reversal to the upside. This is because one vital element is missing here. We haven't altseason for nearly 80% of all the altcoins. Many of which haven't even rally 1/3 of what they did in a previous cycle, even though they are listed on all major exchanges, and have a use case. (XRP, DASH, EOS, XMR, ZEC, IOTA...)
I expect one final flush to come, then euphoria...
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
CRYPTOCAP:TOTAL3
BITSTAMP:BTCUSD
MASSIVE SHOULDERS ON CHAINLINKAre we ready to pump it up? Chainlink is now retesting lowest support $18-$17. Is this the beginning of a new chapter for chainlink? Let's hope so. I feel we have a Ton! of support in this area to not go any lower. $50+ for Chainlink coming to us this summer??
BTC - Potential Price Areas To Look ForAs BTC is grinding lower and lower there are still two potential scenarios that could happen in the upcoming days. First there is the support area where we are in right now at the time of writing (orange box). I still see it as being quite good of a support area and also a resistance during the summer of last year.
This is why i think that if this orange price area holds for now it could trigger massive short-squeeze to the upside, where if it breaks above orange area we could expect to even go as high as reaching to 55k area (green box), but of course not further. This is where it is expected for the price to reverse from (if such short-squeeze even happens). 54-60k is such a massive resistence that i don't see it breaking until the next bull run, years in the future.
If the short squeeze happens or not i still expect BTC to dip into a capitulation area (red box) eventually.
I am not a financial advisor so non of this should be taken as a financial advise. Be Well.
BINANCE:BTCUSDT
$LODE rise of the silver surfer*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been analyzing $LODE for the past couple months. We're long on silver this summer due to the US dollar continuing to weaken. We opened a long position in $LODE on 7/6/21 at $3.36 per share.
Today my team is increasing our $LODE positions at $3.12 per share.
Our first take profit remains $6.50.
FIRST ENTRY: $3.36
2ND ENTRY: $3.12
TAKE PROFIT: $6.50
STOP LOSS: $2.60
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Bitcoin Summer Forecast 2021Summer is hot, And the bubble just popped!
Sit back and enjoy the ride!
Great things come to those who wait!
After breaking the symmetrical contracting triangle
It's certainly text book
To retrace to the lower quadrant of that triangle before next run
Minimum retrace acceptable for me is 9.5k around the 0.382
Maximum retrace speculated to be around 7k at the 0.236
Decision time for BTCJust under a month ago BTC crossed below the 200 day EMA, as it dumped towards $30K. Since then, it has been a grumpy bear and the whole market has been depressed and sideways. However, yesterday there was a potential glimmer of hope, as BTC poked its nose above the 200 day EMA once again. It was rejected that time, but if it tries again more convincingly, and manages to hold above that hurdle, I believe it will be bullish and a Good Thing. Of course, if we don't break above the 200 EMA, then the Wyckoff proponents might be right, and we could plunge down to $20K or less :(
You can also see the Bollinger Bands are squeezing, which indicates there could be more significant price action in the near future. Up or down? Who knows, but as I say, if we consolidate above the 200 day EMA it's likely to be Up for at least a while.
Do keep in mind that the end of summer is generally a bad time for all markets, so even if we pump now it may be short lived, and we see a downturn around Aug / Sept time.
Accumulation phaze of a lifetime As we know The airline and travel industry came under immense pressure during the pandemic, Stacking up massive losses over the past months.
For the period ended 31 March, Tui posted a net loss of €1.47bn, which widened from a loss of €861.4m a year prior, Group revenue was €716m, down 89% the company said.
Yet we need to stay optimistic but hopeful in a way,
As the pandemic is still disrupting many sectors, we can start to see the light at the end of the tunnel.
With the vaccine passes rolling out, most airliners can start seeing positive signs of a long-term recovery,
With bookings increasing by the day, Most are working towards regaining full potential
This might be a great time to accumulate some shares looking forward
Price taking at $57- April Target $68Oil experienced a small retrace following the aggressive high being formed March 7th on open. Tapping some of the key levels I projected in my last post there is definitely possibility for a reversion back to highs as the near term demand continues to increase. Summer is fast approaching and with an infrastructure bill being presented this week the oil and gas industry could see some strong bids. My view with current sanctions and policy, below 57 could serve as a discount pricing for the month of April with 52 potentially serving as a more defined floor.