This instructional vidio shows you how to use the Fib tool on impulse waves 1-2-3.. Generally Wave 3 is the longest wave . I have changed the settings on the TV fib tool to make it clearer . You can also use the Extension tool as well by clicking once on the bottom of wave 1, once at the top of wave 1 and finally at the bottom of wave 2 to find targets. ...
As BTC once again failed to make a clean break with a close candle below the 30k and with long stock wide open and pointing skywards with RSI 14 above the 50 level, many of the other coins are looking much more confident at this stage. Still to early to call but we are reaching a point of critical decision. People currently @ 35-40 % in the negative on BTC who...
Looking to purchase HOLO on a correction in the golden zone. May start accumulating a position shortly. Looking at long term Hoddle .
For a start I do not know much about the Graph but it had a parabolic thrust to it's ATH and a very messy looking correction which as the EW traders know will probably know, a messy W2 may make for a clean W4. But let's not count chickens before they hatch . I do like this set up and I think this coin has long term potential , mainly because of the team...
This may well be worth a long term macro trade with all . With assets of over 2 billion , debt around 200 million it seems an attractive opportunity to rise on the coat tails of the usual suspects. Large institutions continue to adopt it like Blackrock , JPMorgan and none other than Soros fund management.
In this short Toot , we are using STOCHASTIC 25 ,3,3 as our main idea in culmination with RESISTANCE & SUPPORT. * Some observations not mentioned in the vid are that these are ENTRY point observations on a time frame 4 hours and BELOW AFTER observing 4 hour time frames and ABOVE. * Indicators are just that , they indicate possible areas of a trade /...
We seen reef burst out of the triangle a few days ago on volume . Can it do the same with it's previous high ?..... Currently we have another large bull candle threatening the zone . Over the long term Reef looks solid and adoption should grow overtime .
GTO had the biggest volume candle 3 weeks ago since it's inception.... Have not none a proper analysis on this yet , must get some sleep . I have allocated a small percentage of my portfolio. Shall have a look tomorrow or maybe someone has some technicals on this potential money printer ...... WOW... Stocks are dead , surely Warren Buffet has FOMO'd in by now ?. ...
This is a quick analysis on stellar using support , trend lines and volume . I know very little about this coin and what it's purpose is . This is purely a technical trade with the bare minimum . Do not use your houseboat as equity or you may be homeless and riverless : ) ... Support area looks particularly strong and the price looks like it is itching to...
There was a 61.8 fibo retracement level on the Daily . RSI moving up across the 30 level and slow stochastic cross below 20 level . It looks good to go.
Macro outlook for bitcoin is still very Bullish . We currently see BTCUSD testing an area of resistance and the top of the upper trend line. If we get a bounce off the trend line , we may see price fall slightly . Bulls seem to be buying around the 45,190 zone but we could see price drop to the golden zone of around 42,600 . but, hey who's going to be crying over...
This very short training video captures an idea picked up from watching and analyzing hours upon hours of trade charts. You can apply this to literally any chart but it works particularly well on 4 Hour and below . It doesnt work all the time maybe 80% accuracy. Do you want to know this trick ?