Do curved lines mean anything? This one lines up exactly with my weakest Bitcoin target. #Cryptomarket #Bitcoin #Trading #Chartpatterns
• The SPX has been correcting since it hit our target, the technical resistance around 4,170, but it seems it is stabilizing above the 21 ema; • We set this target on my previous analysis (the link to my previous public analysis is below this post, as usual), before the SPX confirmed its bottom, when it was still below the 21 ema in the daily chart; • Now we see a...
• TSLA finally hit our target at $200, and it seems it wants to break it today; • In this scenario, the trend will remain bullish, and it’ll seek higher levels, until we see a top / reversal sign. Either way, the next resistance is $237 - that's our next technical target; • A pullback would be good, but TSLA isn’t giving any sign that it’ll correct right now. If...
• TSLA is struggling under the resistance at $200; • This doesn’t mean that TSLA is poised to correct or reverse, as there’s no top sign on it yet; • Right now, TSLA is in a “no man’s land” between the $182 - $200; • Only if TSLA loses the $182 we might see a sharper correction to lower levels – remember, since it is a bull trend, corrections might be...
• The SPX hit its key resistance at 3,900 and it failed in breaking it; • This is a sign of weakness, and by confirming a top sign under its resistance, a pullback is very likely to occur; • The next support area on SPX is around 3,780 – 3,760, around the 21 ema and the previous top level seen on Oct 18 (red line); • For now, let’s keep these support and...
• UBER is doing some interesting technical movements, even with the increased volatility after earnings; • UBER went up just to hit the previous resistance at $30.24, a previous support from Oct 06; • While I’m writing this, UBER is trying to do a Shooting Star candlestick pattern, a top sign; • If UBER confirms a top sign, just under a resistance area, then we...
I've been getting questions from a few friends and people about when the "top" will be in and what my plans are to try and be part of the "smart money" that sells the top and buys the bottom. Now first let me be clear, if anyone knew when the top and bottom were going to be? They'd be the richest person in the history of time... but that's the point; No one knows...
GOLD sustained the selling pressure on Tuesday which was just a balancing act and continues its salary rally. You will find an interesting pattern on Gold, as a breakout now holding above the support and resistance line of previous trade channels.
Caught for next impulsive move. ThankYOu
Structure lookiong very clear and sharp. Watch Price and buy Sell. ThankYou
Buy low sell high, but don't forget to sell high. Its expensive. This one should be more straight forward, its the final version of this but I may have to edit comments $10,000 of risk for $55,000 of reward. The put options intended for this trade are spread between the strike prices below 260 but we will have more details to follow. I have been...
The ascending channel got rid of the lower limit Now it is very important NOT to fall from this channel, because there will be a bid. I expect the following movement (drawn by the blue line) My script will be canceled if we break through the middle of the channel and go higher ...