Demetriostrades

Demetriostrades Updated 

LTC is looking bearish toward the apex of a symmetrical triangle. (On the 4 hour time frame) Usually lower timeframe triangles are less reliable but they can still lead to a move. Maybe of a few %. Here's what I see happening. As always let me add my disclaimer. I'm a non professional speculator sharing my trades and analysis for my own trading improvement....

Demetriostrades Updated 

Just eyeballing it's difficult to say if there is an inverse correlation or not. Other than the period from Oct/17 through Jun/2018 they haven't moved together all that much. So the S&P is useless as a twitter trading signal. ... It's amazing how much you can learn visually. I guess that is how my brain works. As an artist (Viewing TA as an art but also someone...

Demetriostrades

So amazon is coming down to retest weekly EMA support. If you notice the thundercloud indicator has been pretty good support for the last couple years when slanting up. Other than during the recent distribution where it got sliced. Currently it is slanted slightly up. Looking for possible support to go long some time in the next one to two weeks if we see price...

Demetriostrades

Currently I have no opinion.

Demetriostrades

JD.com, the Chinese equivalent of amazon is at the bottom of a broad channel. It will be interesting to see what spy does in coming days as this could be a good R&R opportunity. Potential upside 25%.

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AAPL hovering bellow the .5 fibonacci which could be support along with the .618 down at 170. Will we get a relief rally? Here's a possible scenario.

Demetriostrades

Target still in the 500-515 range.

Demetriostrades

Support @ 6.70. Likely to pullback along with bitcoin. After correcting this coin could run as much as 100%.

Demetriostrades

S&P support around 280. Looks like we could see a fake out to around 275 followed by a return to 290-295 range.

Demetriostrades Updated 

It's beginning to look like it could be running out of steam. Based on the formation and measurements I see possible top levels in the 9400-9600 area. At least for a substantial correction to the down side.

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Seeing some buildup for another possible flash crash. Ofcourse it could shoot up. Either way I'm expecting volatility soon.

Demetriostrades Updated 

Massive rally. It's time to take the foot off the gas and correct a bit. Maybe 5% or 6%. Afterword it could rally another 15%-20%.

Demetriostrades Updated 

... Disclaimer: Not financial advice.

Demetriostrades Updated 

Well here we are at what feels like the end game of this bear market. There are two choices. Price can go up or it can go down -or it will go sideways. My reading of PA leads me to believe it's down. Honestly I'm loosing interest in bitcoin at the moment to focus on other things such as fx and stocks. I'm also taking a hiatus from blogging and social media....

Demetriostrades Updated 

I'm not 100% confident here and I usually don't like to post charts when I'm not 100% confident but here it is. This is purely contrarian I guess and based on price action. I see way too many people calling for moon. I also see this descending chanel and I expect to test the bottom of it. Will we retest the top first? Maybe. But I doubt any move to the upside will...

Demetriostrades Updated 

As usual here's my intraday forcast. I'm expecting a consolidation day to shake out some fomo buyers, trap more bears and then give us a nice warm fuzzy christmas in the form of one last leg up. But get ready. I doubt this move will be sustained. Still expecting a big drop.

Demetriostrades Updated 

It's amazing how things work. You watch a video on youtube and start thinking about the indexes. Here is my take for the levels I'll be watching for a bounce. Wishing you all a profitable 2019!

Demetriostrades Updated 

Bears watch out. These bulls still have some punch. Looking at 4200-4500 range to determine whether we're in a larger squeeze or just another bounce. For me now it's all about momentum taking out and holding key levels. If we do reach these highs I'm probably biased for continuation to the downside.