Over the last years percentage basis, there is an interesting correlation. Detailed below. (And yes, similar numbers on the YTD, just a bit cleaner to look at this way). 1 - Last time we had a dislocation of this level on a percentage basis, it was late July 2021... The result? When it did turn around, it did so with a vengeance. 2 - At peak dislocation of 23%,...
Making money on down days feels nice. Edu. Only!
Game on, big test coming up... Who do you have? Bulls or Bears? Edu. Only
Not a bad R/R here with a tight stop underneath. The biggest part of this is to make sure we wait until the volume breaks. Keep your eyes on it! Edu. Only.
This is an interesting place for FLOW with real buy volume picking up after reversing the oversold zone. Keep an eye out. Edu. Only.
Love the project long-term... Technicals not looking too hot in the shorter term. Has been hot, needs some time to cool down. Edu. Only.
Looks like we may be at a level to enter with a great R/R. Using a tight stop, we can wait for a retest if the resistance is broken here... (volume seems to indicate that could be the case). Lets see if we can flip to support. Edu. Only.
Solona was hit more than the rest of the markets as were its projects... Seems like a level that may be up for a pivot soon. Let's see. Edu. Only.
If the daily candle can close above the .0000095 level, things are looking strong for the SHIB army. I still see that we will need to retest that level, but as support as opposed to resistance, if it holds, the level that I see us heading to here is ~2x from today's price. Don't let the emotions play a role and let the chart play your hand! Edu. Only.
We are heading into an accumulation zone on many companies within the sector. It seems that valuations on Canadian companies are quite a bit cheaper for their own reasons. My take, put capital to work at attractive levels in some of the leading players. Maybe before the politicians try to get reelected in 22 and need something to pass in order to have a leg to...
Good spot to put something to work. Alerts are going off today given the waves in the market. Clear out the noise and allow the charts to speak. Worthwhile thoughts here. Edu. Only.
Head n Shoulders is the #1 Dandruff Brand. Oh... and also that is the TA pattern BTC looks to be forming here. + The 12 26 MACD just crossed bearishly. + Below 20 SMMA on the weekly (Have to zoom out here). It seems like the market at least wants to test that $30k level again. Let me know what you think!
I see a rough patch buildup in Q2/Q3 this year where more downside is expected. This current consolidation phase we are in that has bounced off the 200 SMA looks likes it wants to break down with descending volume and RSI not yet close to oversold areas that I would be wary of. I believe we could see a bounce off of any of the three Fib levels so I have put my...
Looks like a bearish divergence is occurring here. Higher highs on the RSI and momentum indicators with lower lows on the chart. I have my alerts set for $175. My conviction score here: 50% Edu. only.
In heavily volatile times, it always helps to zoom out and see what the market is telling us. I urge you to take a look at the chart and draw your own conclusions before you continue reading. ------------------------------------------------------------------------------------------------------------------------- I must say, after the pump last night, it seems...
It looks like we broke out in a bearish manner from the triangle pattern. A couple of points highlighted below: 1) Still no large sign of volume breakout which tells me this move may be more temporary. 2) We are nearing the 200 SMA... (~$32k) I expect this to be our bottom in the near term and test back up in the $35k area. 3) If we were to break $32 to the...
I expect MATIC to range between $1.9 and $1.5 until we see the major LT trend line broken to the upside. If we break below our load zone, expect to test levels from last month. Great fundamentals behind this... but the overall market is holding this down for now. Edu only.