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BTC/USD: An amateur prediction/projection. (Jump ~June 14th)First post! I'm a complete newb to trading & analysis, so please point out anything that looks stupid. I've compared this pattern to multiple points in time and they nearly always have this oscillating zig-zag pattern before an uptrend. I looked at several points and traced them and I was suprised to find that where the projected lines of support & resistance cross is where the change in trend occurs - sometimes quite dramatically. The zig-zag pattern looks to be a good source for support & resistance bands. The head & shoulders pattern directly preceding the zig-zag appears to project a positive change in direction. I've been looking at sound waveforms for over 30 years and notice that many patterns look like ASDR envelopes of sounds. The oscillating zig-zag reminds me of a percussion cymbal, where it tapers down at a constant rate. It's after that waveform has calmed/smoothed-out do we see another strike and the price changes course again.
BITFINEX:BTCUSDLong
by steveday72
SBUX Bull Within Bull Discount Valuation Play$SBUX has seriously been lagging the end of 2019 rip across major market indexes that saw $AAPL rip bear's faces clean off & blow right through a $1 Trillion valuation by over 25% in just a few months can you say insane...The farther Mega caps like $AAPL & $MSFT push higher the more of a discount there is in a global discretionary like $SBUX. We have a very clear bull flag formed on lower resolutions that should price clear through the bull trigger we should see it push rapidly toward the downtrend angle then shockwave B4 we see it have a real chance to play catch up on the broader market & move toward Target 1. Once there we should see price stall in another shockwave before gathering more steam for a follow through push higher to target 2 where another stall & shockwave is likely.
NASDAQ:SBUXLong
by Kazonomics
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