Get started

TIME

Breakthrough the down channel to happen on May the 5th. Upon my calculations, using the below techniques I'm estimating an important impulsive movement, which likely will be UP direction, and should happens on 05.05.2018. Methods used: -ROC crossing MA. -2 x Fibonacci trend zone. Minimums and maximums appoints both to the same date! -ESCGO by Lazzy Bear indicators. Helps locating price cycles in time. -Fibbonacy Channels. -Simple horizontal support/resistance analysis. -Angled support/resistance analysis. -Structures. Yet, non of all of these together can be useful if you don't have a plan. Trade your own plan :) Good luck to everyone ! Th.
BITSTAMP:BTCUSDLong
by thor08
New Triangle and Death Cross Spotted for poor little LitecoinFriends, critics, foes. A few days ago I made the prediction that little litecoin would break out of that first purple triangle you are seeing here on my charts. That it did. I was confident that it would go up rapidly. Not so much. Here's what I missed and why litecoin is baulking a bit at this upwards move. I knew the 200dma was ahead, however, because I am not an elite "PRO" member here on TV, I was not permitted to also have the 50dma indicator (a basic member restriction) on my chart. It was not until I changed my MA time frame that I noticed the 50dma exactly where the 200dma was ...and crossing! When a downward 50ma crosses and upward 200ma, this is known as the "Death Cross", a bearish indicator. Additionally, I was observing that other analysist had been drawing another triangle on their charts. This one with a higher top than my first. I have drawn this new triangle on my chart. Notice how it also intersects exactly at the point of the Death Cross. I don't think I have to tell you that this is not a good sign. I know that I was fairly bullish in my previous post. And I had good reason to be. I did make good money on this trade, however, I am redacting my previous statement regarding holding for the long term as I am now doubting whether or not this is the longer term bottom. I am also lowering my sell target to between $140-$150 with these newly discovered indicators. I do plan on selling in this range. I will not become bullish again until we both break above this second triangle AND cross over at least one (preferrably both) of these significant moving averages. Stay safe. Peace and happy trading my crypto friends.
COINBASE:LTCUSDShort
by stewdamus
10
GBP/CHF- Fun with charts....Ok...... So I spent some more time to go over gchf since it has extended. I would like to point out that it did a W-X-Y double combo pattern in the form of 7 swings. For this pattern you would expect equal length to 1.236 extension. Hit 1.236 today, along with the .764, which would also be conducive with a continuing pattern which would need to come down to most likely that .618(longer .618 line) Keep in mind GU hit the high also. It also lines up (roughly) with about equal time span of each pattern within the combo. These pitchforks are not necessarily drawn how anyone else would draw them, but take a minute to really look at the medians (red lines) and how price follows them...... Anyways strong level. I've looked sells lower down looking for a different pattern, or at least a sharp 3 wave this move, but all it did is keep extending, right to the fib extension. The issue is as of right now we have no reversal pattern or ending diagonal, plus Gchf could go into a large sideways consolidation (which would still probably produce a nice sell). We might even get a zone bounce (see horizontal green lines). The daily TDI WAY over extended. So is the weekly. Just please keep in mind this is not a 5 min chart... That is the daily..... We have nothing but a 4hr pin bar right now. There are different ways to go about attempting this trade and not put yourself at too much risk. If you want to learn about price action along with this stuff then subscribe and watch my you tube channel. I did a live trading session earlier, I go over a lot of charts... (it's free guys)...
Short
by thillygoosth
Euro/Yen Bullish Triangle CorrectionAfter the bullish 5 wave pattern, it looks a little bit like a corrective triangle pattern has begun to form. D Wave. With the completion of a double top pattern at the 136 zone, the D wave of the triangle pattern will have met its 61.8% Fib Level requirement along the triangle trendline. E Wave The location of the projected 61.8% retracement from the D Wave endpoint seems logical because that is where price can be expected to run out of momentum Only time will tell
by DreamLife_Obi
BTC bullish long-term outlook and correction end (Daily/Weekly)Hello All! While monitoring the current BTC correction, I stumbled upon a very interesting idea from: www.tradingview.com First of all, I analyzed it from volume dynamics point of view. Then I saw some repeating similarities over certain periods of time as well as possible confirmation of classic definition of "previous resistance becoming support (and vice versa)". Even though, this is not any type of Wolfe waves I'm usually working with, but rather pure speculation of "what if" scenario for me, the more I looked at it the more it felt like a real possibility. Thus, I decided to share the final result of my research with all of you. Good luck and great trading to everyone!
BITSTAMP:BTCUSDLong
by OceanBlue
2
S&P 500 Index: SPX Longer Term Gann Cycles - Cycle High and Low SandP 500 Index Longer Term Gann Time Cycles Probably the greatest trader who ever lived, WD Gann , taught us to measure time cycles - from high to low and low to high as well as high to high and low to low - and look for potential changes in trend as these hiddden cycles tend to repeat themselves down through time. Previous cycle highs identified the exact date of the high in 2007 as well as the subsequent high reached in April 2015 just at the point that markets began a 10 month 20+% correction (for more details please PM) . This current cycle marks the period from 20.03.00 high (as Internet v1 peaked) through to the next major cycle low on 06.03.09. From major cycle high to low is 9 years, almost exactly...which now brings us, after a 9 year long bull run, to the coming 23 to 27 days, culminating in the anniversary dates between 3rd march and 10th March 2018... So if the lows of last week are broken on Monday we can most likely expect the decline to last for the next 23 to 27 days, culminating in a major cycle low between 3rd and 10th March 2018. Major markets have a challenging 23 to 27 days ahead of them. Time is piling up. If the SandP breaks below 2525 and holds below here by Monday's close we can expect further pressure on markets until we reach the anniversary dates. It will be interesting to see if Gann's great cycles remain as accurate now as they have done in the past. As always, time itself will tell us that answer. In fact Monday will.
SP:SPX
by sumastardon
1
$AMZN - Amazon is "OUT OF RALLY TIME" using Time@Mode Amazon has rallied for 15 weeks into last week's close after accumulating at the mode back this past fall for 15 weeks. In other words: Amazon has "run out of time". Once Amazon blasted off on its previous earnings report back in October, it kicked off a 15 week rally which ran far beyond the rally that was implied by the previous move from $766 (where it lingered for 17 weeks in 2016 and had a 22 week rally out of that accumulation). A move from $766 to $980 was 29% and the implied rally from $980 was also 29%, but it ran up over 50% (see chart). Now that $AMZN has reached $1498, the PSR reached 4 times (an extreme reading) while the free cash flow yield has fallen to 1%, which means that the $7 billion in free cash flow is only 1% of the $700 billion in market cap for Amazon. Growth over the coming decade will help drive up that yield, but right now that is the return you would earn if you took Amazon private. Using the Time@Mode methodology, together with Key Earnings Levels stemming from quarterly earnings reports and raw and relative valuation analysis, we can see here that Amazon has "RUN OUT OF TIME" on a weekly basis for this rally and would only expect it to move sideways to down over the upcoming 15 week time frame as a new level of consolidation builds as the fundamentals "catch up". For now: It is opportunistic to sell short $AMZN with 5%-10% downside targets. Cover and re-short on 75% rebounds as many times as possible for the next 14 weeks. Tim 12:41PM EST February 7, 2018 $1439 last $AMZN
NASDAQ:AMZNShort
by timwest
19
RSI confirmation. New 60 day BTC cycle has begun! Target 28k!$12600 support has held and our new cycle has begun! Yay! Take a look at the chart. With the extended consolidation, it became necessary for me to update my targets. This extended consolidation allows me to also extend my target(s). Notice I have two now. So, what is going on here is that it seems we are in a wedge. Elliott Wave dictates an ABCDE touch and then break out. However, some of the time (I do not know what the statistic ratio is? Maybe a comment warrior could help me out here), we will not experience the last wave. This is why I have two orange arrows pointing out of the triangle. We have two possibilities: a) Hit the top of the triangle and break straight out or, b) After hitting the top, we go back down, bounce off of the bottom and then break out. Because of the downtrending resistance noted in the RSI chart, I expect the latter possibility to become more probable. However, as often is the case, Bitcoin could surprise me again and just shoot right through. Revised targets are: #1 - Just short of our last ATH. Take some off here. #2 - $28,000 or the beginning of March, whichever comes first. Why the beginning of March you asked? Check out the cycles again. Notice we are right on queue and headed up again. This means, we should have about 45 days of uptrend movement before we start heading down again for the last 15 days of the cycle and right into mid-March. Always keep this cycle in mind. BTC is pretty consistent with it. Happy trading friends!
BITSTAMP:BTCUSDLong
by stewdamus
4
Time New Bank (TNB) - FIB Extension - (+100% profit)Hey guys. I'm still learning and this is my first analysis. It probably won't close as I'm sure there are things that I didn't consider. I saw one big A wawe consisting of two eliot wawe pattern and the B correction wawe. Supposing it will climb to 1:1 Fib Extension point. Take profits inside the zone. Let's see what will happen, I'm excited ^^ I'd be more than glad to hear expert opinions to correct my mistakes, please feel free to comment. Happy trades to all!
TLong
by matchgrip
3
BTGUSD: Vulnerable to next correction nowBTGUSD Last comment was 6 days ago, back in the mists of time now. In the ensuing 6 days BTG has knocked out some patterns other 'stocks' take 6 months to achieve. Cryptoland is another planet, a whole 'nother world. We were buying this at 212 6 days ago and locking in last profits at 250ish before the decline gathered momentum, only because the chart told us to. If you follow the chart and not your weak/strong heart you will stay out of trouble a lot more often than by following your sometimes emotionially unstable heart. It becomes unstable under pressure and gets too damn strong when price surges. It's unstable, no? Ask yourself, does your heart do this to you? Well congratulations: you're HUMAN ! So if you know this anyway already all this will do is confirm what you knew already - but sometimes find it hard to do...follow the chart and never your heart. On repeat, like a mantra...patterns not passion. Patterns not passion. So easy to say and so difficult to do sometimes when price comes back at you from underside once broken. But your heart must be mastered. You are in charge of it, not vice versa, after all. So BTG has just had it's little counter-rally on back of Bitcoin doing the same and now it's likely time to fall away again, to 216 -210 minimum - and if this gives way, to 193, with stops justa few points above the upper parallel for smallish loss if wrong. BTG only turns back to positive once the parallels containing this impulse wave are broken through to the upside. Only then can we return to bullish, looking to get long on the retest of the upper parallel once broken to the upside. Only then does BTG flip/reverse, and we must too if the chart gives that signal.
BShort
by sumastardon
7