StevenRodas

StevenRodas

Do you really want me to tell you about abc retracements and indicators and yada yada and chart those out? (pretending it means much) or do you want me to give you a simple linear progression analysis and demonstrate the obvious, just look at the chart. Detail: The reason it's a Long position with very little downside is because there are too many alignments...

StevenRodas

I made a prior post about a week ago but accidentally made it private. Anyways without making this a 3 page essay, alll i will say is look at my trading history accuracy and you will see i dont post without some degree of credence. BTC is going to take off very soon and will continue its ascend for a while (likley about a year) I suspect stocks will start to...

StevenRodas

I could publish about ABC retracements and fib retracements and patterns and yada yada but just zooming out and looking at it in a more simplistic view I see good opportunity to start dollar cost averaging. We all know markets are in a bad spot right now but everyone knows that. I see opportunity to be greedy but not reckless. P.S. it's just my opinion but I...

StevenRodas

I dont think I can say anything that would convince anyone to change their minds already but looking at the overall drop and time fame along with key indicators It seems likely the bottom or near bottom is in, from here on out i suspect slow but steady gains. Dont think were going much lower than 15k from here. Edit: i don't think your going to get rich quick...

StevenRodas

Were in a crypto bear market now but I belive that right now we will get a nice bounce from these levels. Ethereum should bounce around 80%-110% from here and should reach target in about 45-90 days. After that more extended consolidating with slow downward movement for many months. It's obvious to many but I will state this that It is seemingly obvious we are...

StevenRodas

This is solely based on technical factors & Not really fundamental ones (Although there are many fundamental factors to back this up, but I wont go into detail). Mainly for personal use, but wanted to post it just for fun. There are many underlying factors that would cause it to go here & Like I have said in my earlier posts about the snp500 index, I do believe...

StevenRodas

So this will be a quick post for today as I do not have much time to go in depth but here is why I am buying btc @8,000 Make sure to check my last post where I said this was going to happen, month before it did. (Don't say i didn't warn you) 1. VPVR @ 8,100 2. .618 Support (Golden Ratio) 3. Green Downward channel support 4. .618 Extension of ABC 5. Monthly...

StevenRodas

So we are reaching one of my targets that I mentioned at my last post about 8,500 & 8,100 (Linked Below) Here are my reasons why I am dollar cost averaging my long position on bitcoin between 8,400$ & 7,900. 1. POC (Point Of Control) @ 8,100 2. .618 Fibonacci Retracment 3. Downward Channel Trendline Support (Was Resistance until we broke it in January...

StevenRodas

Basically Looking at selling between 9,750 & 10,000 ish and looking to rebuy around May 10th at around 8,100$. (We May Not Reach 10,150 If Bears are strong enough so will decide when the time gets closer wether to sell remaining position at 10,100$ Or Just Sell All Of Open Position at 9,750$) However, If we close above 10,275$ On the Daily My Idea gets...

StevenRodas

This is my more thorough T.A On bitcoin and why I am more bearish on Bitcoin until we retrace to roughly to 8.1k by Around mid-march. Reasons for being short. (P.S When I say short I really just mean staying in cash, I really don't find shorting fun as there is always more risk than being long, I prefer to find other places to be long and in this example, I am...

StevenRodas

BTC/USD Based on Elliot wave theory and several confluence other reasons. I am would say to expect a retracement to 8.1k ish by around May 1st. This is based on Horizontal resistance and fib retracements. There are several other reasons for this however I am too lazy to put them here as I don’t really have a following and my past trades will be proof of my experience.

StevenRodas

I do not want to get too into depth on the SPX as this is mainly for my personal future reference however I will say that I believe the SPX will reach a high at 3400ish and go no higher than 3800$. I also believe there will be a downturn of around 40% from the highs in the next year meaning I think the bottom will be in at around 2100$ The bottom will take appox...

StevenRodas

I see 10 Reasons to be long & 1 Reason to be short Short Reasons - Potential that the full extension of the descending triangle will reach the .786 retracement level ( 5400ish ), Long Reasons - (1) .618 Retracement of (16k to 3.2k) Touched ( Historically .618 Is Bottom For BTC ), (2) Miner Bottom hit (double Previous low of 3.2k = 6.4k), (3) .236 Support Level...

StevenRodas

Ltc Short. buy at .618 fib level or .5

StevenRodas

BTC Short. (1 month.)

StevenRodas

Hello, everyone, I would like some insight on your opinions. I know BTC usually determines whether the crypto market will move up or down as a whole but I believe ripple is very bullish atm but also believe btc is very bearish atm too. On the chart, you can see that XRP has broken a long term resistance level and based on past analyzations of the coin I have...

StevenRodas

TRX/BTC Bullish. Histogram Ticking Up. RSI at a preferred buy range.

StevenRodas

SPX Bearish Long Term (2 Yrs)