Multi Timeframe Analysis Hint: 10k May Be an Intermediate Stop. Think Lower. 8K? Technical Analysis sees respected bearish Harmonic Patterns; dire macroeconomics ensures further crypto sell-offs Bearish Narrative: 1. Money flow index in temporary extended green- profit taking coming. 2. DOW dumped 600 points after FOMC meeting addressing inflation and CPI . 3....
Today is less on US30 (and its further coming losses as you can see) and more on trading psychology. Our perspective--on life and on trading--shapes our experience. We can make trading a stressful roller coaster or we can make trading a rewarding development of our character virtues. Here are three pieces of trading wisdom that have offered me the perspective...
Multi Timeframe Analysis Hint: FOMC crashed the markets, but there is hope Bullish Analysis sees intact bullis Harmonic Pattern Bearish Narrative: 1. It's a firesale! 2. More rate hikes for the year Growth could be limited. 3. Cypher harmonic pattern on the Daily chart indicating potential upside 4. Traders Dynamic Index signalling a potential reversal...
Multi Timeframe Analysis Hint: SP500 can hit 3721.7 Technical Analysis sees two bearish Harmonic Patterns Bearish Narrative: 1. Money flow index in extended green- profit taking coming. 2. FOMC meeting looming to address inflation and CPI . Growth could be limited. 3. Anti Cypher , Anti Shark bearish harmonic pattern on the Daily chart indicating potential...
Multi Timeframe Analysis Hint: ChainLink could drop to as low as 7.01 Technical Analysis sees four bearish Harmonic Patterns Bearish Narrative: 1. Money flow index in extended green- profit taking coming. 2. FOMC meeting next week to address inflation and CPI . Growth could be limited. 3. Cypher, Shark, Bat and Navarro200 bearish harmonic pattern on the...
Multi Timeframe Analysis Hint: I love ADA and will be buying buckets at 42 cents Technical Analysis sees two conflict between Harmonic Patterns and the Miney Flow Index. Fundamental news based on macroeconomics will break the tie Bearish-BullishNarrative: 1. Money flow index in the green 2. FOMC meeting next week to address inflation and CPI . Growth could be...
Multi Timeframe Analysis Hint: The sooner we get to 16k, the Better Technical Analysis sees two conflicting Harmonic Patterns, bearish and bullsh. Fundamental news based on macroeconomics will break the tie Double Headed Narrative: 1. Money flow index in the green 2. FOMC meeting next week to address inflation and CPI . Growth could be limited. 3. Bullish...
Multi Timeframe Analysis Hint: Etherium Merger in several hours. Buy the rumor sell the news. Technical Analysis sees a bullish Nen Star harmonic pattern on the daily chart with a first price target of 2652. However, the Merger could be exploited by institutions selling the news. Eth could crash to 960 Medium term Bullish Narrative: 1. Money flow index in the...
Multi Timeframe Analysis Hint: Markets Optimistic despite Higher than expected CPI Data. Notwithstanding negative CPI data and the looming FOMC discussion to curb further inflation, NASDAQ refuses further losses and rejected a support floor. Medium term Bullish Narrative: 1. CPI data erased the previous week's gains but the index is showing timid recovery 2....
Multi Timeframe Analysis Hint: Markets Crashed on Higher than expected CPI Data 24 Hours ago we see higher CPI numbers than expected. The news decimated the previous week's DOW rally Medium term Bearish Narrative: 1. CPI data erased the previous week's gains 2. FOMC meeting next week to address inflation and CPI 4. Bearish Bat harmonic pattern on the Daily...
Multi Timeframe Analysis Hint: Markets Oversold. Rock bottom. Firesale could lead to boom. Discount buyers can propel prices up Medium term Bullish Narrative: 1. Bullish divergences on the daily chart and rejection of daily support 2. TDI about to signal oversold levels 3. Money Flow Index still bearish 4. Bullish Cypher harmonic pattern on the daily...
Multi Timeframe Analysis Hint: Markets overbought USD is king but a retrace is required. Medium term bearish Narrative: 1. Bearish divergences on the daily chart 2. TDI signalling overbought levels 4. A good entry point is on the 78.6% Fibonacci retracement or 105 DXY Expect dollar weakness during the short term drop. Remember: life often disrespects...
Multi Timeframe Analysis Hint: Markets overbought QNT bucked the bearish trend of BTC and kept skyrocketing. Institutional buyers may commence a short term sell to lock in profits. Medium term Bearish Narrative: 1. Bearish divergences on the daily chart 2. TDI signalling neutral, indecision zones 3. Money Flow Index still bearish 4. Bearish Cypher harmonic...
Multi Timeframe Analysis Hint: Markets Oversold. Rock bottom. Firesale could lead to boom. Discount buyers can propel prices up Medium term Bullish Narrative: 1. Bullish divergences on the daily chart 2. TDI signalling recently oversold levels 3. Money Flow Index trending to green 4. Bullish Navarro200 harmonic pattern on the daily chart. 7.295 is the...
Multi Timeframe Analysis Hint: ADA might drop to 0.25 Medium term bearish Narrative: 1. Bearish CCI divergences on the daily chart 2. TDI coud signal overbought levels 3. Institutional traders could sell the news on Vasil hard fork 4. Bearish anti-crab harmonic pattern on the daily chart. I'm inclined to price drop amidst the ongoing recessionary issues...
Multi Timeframe Analysis Hint: No trade zone Indecision situation 1. Bearish divergences on the daily chart 2. TDI signalling neurtal 3. Money Flow Index trending to red 4. Bullish Navarro200 and Anti Gartley harmonic pattern on the daily chart in conflct with Bearish Navarro 200 Either prices could reach $47 or drop to $26 based on fibonacci...
Multi Timeframe Analysis Hint: Markets looking dire Overextended upswide. Sellers may tank the price. Medium term bearish Narrative: 1. Bearish divergences on the daily chart 2. TDI signalling neutral 3. Money Flow Index trending tored 4. Bearish anti-sharkharmonic pattern on the daily chart. O.56 is the potential entry point to validate further...
Multi Timeframe Analysis Hint: Markets Oversold. Rock bottom. Firesale could lead to boom. Discount buyers can propel prices up. Medium term Bullish Narrative: 1. Bullish divergences on the daily chart 2. TDI signalling oversold levels 3. Money Flow Index trending in green 4. Bullish Anti Cypher and Gartley harmonic pattern on the daily chart. Entry point...