We Called It! Want to Join the RALLY Party? [help inside]Don't freak out. If you missed our call to buy the bottom at $3150 (Yes we did!) Here's how you can get back in the game.
Three Drives (Rally) Pattern:
Shorts are being squeezed and shorting again (trying to find the top)
Bulls are actually buying (unlike the April short squeeze)
Third rally is for the FOMO buyers, and they will get their "shorts" (ahem) handed to them
Warning Sign, large candle wick buy back on the drop
Too risky to buy in here, not sure how high the final rally will go
Too risky to short the top, might go past our number before coming back down
Buying in:
Limit buy down from $3,800 to $3,500 and viola... HODL till $5,800 and you're making 30-40% returns!
You're Welcome,
-racethehair
Three Drives
When everyone screams recession; run the other way!You've heard it so many times "greedy when others are fearful", but fear takes hold and sways your judgement.
What are the common sense clues?
The talking heads are trying to "call" the recession before it happens simply for an "I told you so" moment, but where were they before 2008 and earlier?
Why can't we make some serious profits after 10 years of an absolute garbage economy?
Headlines for the past two years have been all about Elon's gaffs
Very few called the recent FANG "crash"
All of the technicals are moving in the right direction
Fundamentals are easy... when EVERYONE is calling for a recession, we know the opposite will unfold
FINALLY: Show me an historical All Time High back to the great depression, then show me breaking that ATH, finding support, and it not creating a new bull run. The trend is your friend and stocks are in full bull mode with no signs of reversal.
-racethehair
XEMBTC is almost in buying area of 3 drivesXEMBTC is currently moving in 3 drive pattern and now very near to buying area insha Allah.
Regards,
Atif Akbar
CHFJPY - put on radar [demo account trade]This one could follow three drives pattern (see www.tradingview.com for nice explanations and real examples).
Let's see if it will come down to green rectangle and set up a trade based on behaviour.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
EOSUSD - potential three drivesThings are looking brighter, let's go with the flow.
This looks like beginning of three drives pattern. If it will be, here is the buy level with target at 1.272 Fib extension of first wave. Then we'll seek for next trade opportunities.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
USDCAD - Potential Bearish Bat with Potential 3-Drive "D" legI'm really not sure about this one anymore, but I've been watching this market since last year and it more or less respected this analysis... At first I was trading it as a Daily harmonic chart, now I realise I should be looking at the Weekly chart more carefully. This is the reason I had not published this idea till now...
[GOLD] POTENTIAL 3D PATTERNGood morning Traders!
On intraday chart, we saw a nice rally about gold, this swing could develop 3D PATTERN (bearish) with resistance around 1.236, we'll see....
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Thank you for support and trade with care!
$GVT Reach The Resistance Again. Signals? Neutral!Genesis Vision or GVT has only 4.4 Total Supply! This is like brotherhood of Lunyr (LUN) with only 2.7 Total supply. Well, not to close, but you got my point. They are a quite less supply coins and having good work so far and both listed on Binance.
GVT price is almost the same like BNB price right now. $10. but with 43.6 : 1 supply. Crazy!
Genesis Vision is on Financial Industry and already releasing their very own apps on both App Store and Play store. Yes, it's available for iOS and Android users right now.
Judging from technical basis, I'm quite neutral but with bullish tendencies with 53:47 consideration.
The very first factor is that right now the candle stick showing the same setup as before. It's three drives pattern. It quite work because the RSI was below 60.
What makes me not bullish right now is that, yes the RSI level bounce from the support but i think the volume power is not quite good enough to hold it up, as matter of fact people might starting getting profit from latest entry since their consideration logically securing the profit as we're still in bear market. Logic right?
The second thing is due all of respect with this one of the best token out there, it has 2x from the recent lowest point, you better need a correction before it's really getting too good to be through and might get dumped like Ontology and Nano or Walton chain and took along time to recover back.
Well, those are my 2 cents. Trade safe!