Owcheew8

Owcheew8 Updated 

Wheat got nuked in late May, as it re-tested the high. It did a full retrace, -36%. Impressive even for meme stocks let alone one of the most precious commodities on the planet. Wheat has spent Jul and Aug in the area of intense demand, which just happens to be around EMA(100) , from what I can see everyone is waiting for first harvest numbers to start sending...

Owcheew8 Updated 

ATOM has been pumped, and it has been dumped. Capitulation event has passed, allowing market maker to restart the cycle. One cool thing about "second class" cryptos like ATOM is that they don't even pretend that they are not manipulating the market, they just do it and they make it straight up obvious on the chart. The goal is always to remain attractive to...

Owcheew8

I don't know what is SAND but it's clearly devouring investors like quick sand. SANDUSDT collapsed a month ago, when $1.2 was broken. Expecting retest of May low. After that we will likely see a small bounce followed by another series of price collapse.

Owcheew8 Updated 

This looks well bottomed out, with two panic selloffs absorbed just beneath this price range. Chart looks extremely bullish in weekly, biweekly and monthly timeframe. Expecting bounce to meet the former resistance. Bail the trade if indexes tank.

Owcheew8 Updated 

It seems that there is some sort of short squeeze being prepared here on COMP. Expecting that former support will act as resistance, between $68 and $73. Abandon ship if BTCUSD tanks. Good luck.

Owcheew8 Updated 

Coinbase stock is about 90% down since the first open. One would get spooked by that, but that's normal in the crypto world. It is also normal in crypto world to trade against your own customers, insider trading is prevalent, listing unregistered securities and promptly dumping them on retail is also normal. After SEC started investigating the company even the...

Owcheew8

Nokia stock is well bottomed out and I believe sellers have sold. It is ranging between 4 and 5 for a good while and there are signs of accumulation. It is a very food R:R to go long here as entire market looks like it's going to bounce at least 10%. Setup is nice as it's invalidated with mere -7% from current price level, which means that there can be a tight stop loss.

Owcheew8 Updated 

Panic selling of the last week has left a gap which is more often than not filled later on. Besides bouncing of the bottom half of the established downtrend channel as well the price is now over the weekly pivot. +4% from the weekly pivot more or less. Will this result in a trend change? I doubt it.

Owcheew8 Updated 

It will probably do as NATGAS futures yesterday, just zoom in a single candle down to meet the trendline. Expecting to hit $100. All in all a very good swing trade.

Owcheew8 Updated 

This is a very good Risk:Reward setup for shorts, price is making a lower high on much lower volume. MFI is already telegraphing decline. Expecting some -20% up to -25% from here. Have fun.

Owcheew8 Updated 

While BTCUSD is telegraphing 13-14-15% bounce from 30k ETHUSD is telegraphing up to 25% bounce from the current price level. It will likely hit former support, volume gap is also visible on the volume profile. Mind, this is just a bear market bounce. It won't change the big picture.

Owcheew8 Updated 

EUR-USD is almost at historical lows as is keeping tight range for about 3 weeks now. It's well worth a shot that it will retest former support, which is now resistance. Very good R:R.

Owcheew8

It won't be long before Musk followers turn on him. This meme stock loves meme numbers, so I un-ironically expect it to correct down to a round number of $420. Oh and it's underwater on it's Bitcoin PR stunt. And Bitcoin looks bleak as ever, it surely wont sit well on shareholders that their worshiped CEO gambled away all that money on a ponzi.

Owcheew8 Updated 

End of an era, and one of the most beautiful shorts offered by the market in years. I would wait for resolution of SPY before proceeding. Optimal place for short would be the re-test of 30k, if it happens. Have fun.

Owcheew8 Updated 

Luna ponzi is falling apart, it will likely full retrace by early next year. And it will probably still be overvalued at $5. Unless a miracle happens and the reputation of the project drastically recovers it will probably keep sliding for years to come until it's forgotten and irrelevant. Good riddance.

Owcheew8 Updated 

Looks like EUR-USD is ready to bounce. As per weekly chart, this pair has based here and few months long bounce up may start in May. TP1: 1.097 TP2: 1.117

Owcheew8 Updated 

Nobody know what is DODO, and likely nobody cares. Chart looks decent for a swing trade. We have a well defined bottom here, so good luck.

Owcheew8

That's 4x top on 3M timeframe. Correction to VPVR, -20%. Good luck.