Mikeiavelli

Mikeiavelli

This is not trading/financial advice.

Mikeiavelli

Here is a couple well known log lines applied to a TV chart. This is not trading/financial advice.

Mikeiavelli

THIRTY years from now (1988), Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favoured by companies and shoppers because it will be more...

Mikeiavelli Updated 

China has banned selling in their markets, and is desperately trying to prevent a market crash. No one is allowed to sell when the market resumes on the 3rd. Set bid price, no net sell before the 7th. Permission for sales over 10M yuan. Businesses desperate for funds to pay employees, and wants reduced taxes to help with the stress. The Chinese have built 4...

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Here we see an odd "Elliot Wave" setup, that doesn't seem to follow the rules, I based it on momentum and price position based on exponential moving averages (21) So it follows those rules when price is judged by it's position against the keltner channel. Here I transposed those positions to the price chart. Targets and price is on logscale. This is not...

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4 hour Bitcoin chart - bullish Price likes to revisit zones, zones were price stopped and price visited once (TF dependent) establishes an area that attracts price. However if rejected, zone becomes a strong boundary for a probable duration of time. Price rarely leaves an area to never return. Yellow represents a strong attraction for price. Blue Repels.

Mikeiavelli Updated 

This is not trading/financial advice.

Mikeiavelli Updated 

At 6:01PMEST "White House tells airlines it may suspend all China-US flights amid coronavirus outbreak" Has corresponded to the price move in silver, gold and now bitcoin. Zombie virus has spurred fears and price is moving up in these markets. Previous Analysis This is not trading/financial advice.

Mikeiavelli Updated 

At 6:01PMEST "White House tells airlines it may suspend all China-US flights amid coronavirus outbreak" Has corresponded to the price move in silver, gold and potentially bitcoin. Silver has completed an internal fibonacci pattern 50-23.6-61.8, and price bounced off the 61.8 fib level. Was it coincidence, or are the markets controlled by more than...

Mikeiavelli Updated 

Price likes to revisit zones, zones were price stopped and price visited once (TF dependent) establishes an area that attracts price. However if rejected, zone becomes a strong boundary for a probable duration of time. Price rarely leaves an area to never return. Yellow represents a strong attraction for price. Blue Repels. Previous Analysis This is...

Mikeiavelli

Log Scale This is not trading/financial advice.

Mikeiavelli

Targets for Cup & Handle Previous Analysis Log Gann Square Fibonacci Circles This is not trading/financial advice

Mikeiavelli Updated 

Daily pattern for your consideration.

Mikeiavelli Updated 

Cup and Handle Formation - Break 9.2-9.4k to confirm. 11-12k Next target.

Mikeiavelli Updated 

This is not trading/financial advice.

Mikeiavelli Updated 

Crypto has bottomed, probably going to consolidate after the recent moves before pushing much higher. The quickest way to break out of this consolidation mode is more earth shaking news that is certainly coming down the pipe. Get ready. This is not trading/financial advice.

Mikeiavelli

Clear skys, and potential for retest. This is not trading/financial advice.