TD-D-Wave(by Tom Demark) is similar to Elliot-Wave Theory but lessens the subjective "calls"/"changes" to wave counts done by most Elliot-Wave practicioners by implementing minimum requirements as far as candle counts (much like baseTD Indicator). Won't go too far into the rules in this series of posts but encourage people to poke holes in this analysis where...
BITFINEX:ETPBTC displaying bearish RSI divergence up here after the massive run it had this summer. TD counts on weekly and daily RED (bearish). Suspect this ticker was used for capital fleeing for Chinese (this is a Chinese ICO) this summer and explains the massive PUMP while everything else dumped. Finex (where massive volume was occuring) is putting in big...
NYSE:CSL came across our 9 in 9 scanners past 2 days (Daily 9 inside Weekly 9) and seems like interesting short opportunity. Spitballing here...but for advanced TDreasons that I don't wish to dig into here price should target the pink line on the weekly chart shown (low of candle 6 aka Swing Low). Priced bounced from there directly into a perfected Sell Setup 9...
NASDAQ:ENPH forming pretty big H&S here. What to look for the short: a Daily 8 / 9 TDsell SetUp not much higher than left shoulder or a bearish color flip on the daily candles without breaching daily swing high. Will Update if short taken.
Our scanners pulling up a LOT of shitcoins forming potential bottoms on various 9s, 9,13s AND consistently exhibiting RSI divergence. The following are just a few. Will update if I I get long any of these GEMS. Will be interesting to see how the lot of these perform on average. DARE say the Market is RUNNING OUT of SELLERS?! BITTREX:HMQBTC BITTREX:DYNBTC...
BITTREX:XEMBTC forming a nice rounded bottom. 1st target marked if this is just a dead-cat bounce...2nd target (flag) if we're going to see a true alt-coin season (~100% appreciation against BTC from these levels).
BITTREX:VTCBTC flashing perfected 9 Buy on Monthly timeframe per TD....also just happens to be consolidating very nicely near bottom range of a nice channel for 60+ days. Check mark on chart was when it went 110%ish in <6 hours thanks to a small pump-group (this thing moves very fast both directions due to lower liquidity AND IS why it's been the target for pump...
Been riding this one long for few weeks now as weekly candles tightened into a rounding bottom. Many higher time frames(monthly, weekly) signaling shaded rectangle as potential target for this BINANCE:QTUMBTC counter rally (SHOULD it be a fake alt-season... BINANCE:QTUMBTC will reject hard here and go on to make new All-Time lows). Perfect world it comes on a...
BITTREX:DASHBTC testing a critical level on the weekly chart this week. As you can see from the arrows, this level (black line) was tested multiple times before DASH had its massive breakout in 2017. Zooming in on the 12H time frame below...you can see how the 12H came down to this line on a Perfected Buy Set Up and then flipped before completing the Set Up...
CDW came across our td Monthly Equity screener this weekend. CDW currently near ATHs and trading on a 9,13 for the Monthly timeframe. Took short based on prior Daily 9 (see below) failing to close @ new Highs and confirmation divergence on RSI.
BITTREX:XMRBTC finds itself in a similar spot as the last few times it found a bottom (see clouds). BITTREX:XMRBTC very rarely makes it to a completed "TD Buy Set UP" for the weekly time frame. In fact, it has historically bottomed in week 7 (which we're in currently) just as it makes a bearish fall beneath the 50MA. The last 2 weekly 7s (had you bought the...
SP:SPX @ critical level on weekly chart while also flashing a Weekly TD ell Set Up. If orange line (last top) fails to be taken out this week (weekly 9) then at least a short-term correction likely. Daily chart below shows how a completed Sell Set-Up failed to take out the orange line so far this week with today on watch for a color flip to a red 1 on the...
With BTC falling for the past month and half we've seen alts absolutely slaughtered. Although it can be risky, I like these times for beginning to build positions in some of the more mature, stable alt-coins that I like. Things I like looking for 1) 50%+ retraces against BTC 2) 80%+ retraces in fiat value 3) TDBuy Signals NEO is @ the top of such a list and...
Hey guys, I've seen a similar Wyckoff sketch for BITFINEX:BTCUSD on twitter recently and I thought I'd draw it out for myself(while adding what I suspect to be yet another Bull-Trap to end it) and try and get some feedback from people who are more familiar with this pattern than myself. I've been buying in the low 6000s all week so I certainly want to know if...