Teklologist

Teklologist Updated 

Based on fib and EW rising diagonal wave in sub-wave 3.

Teklologist Updated 

Possibly nearing end of a short-term Wyckoff accumulation. Would bring a price jump above top dotted horizontal line in coming days. I say short-term because I’m bearish at 3250.

Teklologist Updated 

Xlmusd possibly has begun Wyckoff Distribution. To confirm, price must close below bottom orange horizontal line. Distribution can play out many ways. This chart depicts one such way by assuming an ABC type correction in descending parallel channel with indicated target price.

Teklologist Updated 

Green falling wedge broke down. I think price will follow blue wedge formed with the blue dashed trend line and bottom line of parallel channel. Potential forecast indicated with pink arrows and trend line. Timeline not to scale and intended to be part of forecast. See main idea for more context.

Teklologist Updated 

Fun chart to play around with. Xlmusd in foreground and Btcusd in background. White horizontal lines correspond to different Xlmusd accumulation phases that started in December ‘18. Price should rise 200% from Dec ‘19 low.

Teklologist Updated 

Cryptocurrencies have outlined the USA. Hmmm...

Teklologist

Stellar’s price has approximately traced the outline of the USA.

Teklologist Updated 

I love a good accumulation.

Teklologist Updated 

Spoonie Luv from up above

Teklologist Updated 

Toro! Toro! Toro!

Teklologist

Published via phone. Xlm dropped lower than I antipicated in a previous idea. However, I’m doubling down on this altcoin. This structure has accumulation written all over it. First vertical line indicates AR. Last vertical line indicates Spring. Horizontal line indicates SC.

Teklologist

No sentiment offered this time. Simply sharing interesting information surrounding market’s channel since 2008, recent wedge, and volume indicator’s similarity to March 2000.

Teklologist Updated 

Chart to compare SPY/DXY to its inverse DXY/SPY to convey Short SPY and Long DXY (published as Short SPY). SPY/DXY: White price line in Wyckoff Distribution phase corresponds to rising yellow channel and to yellow vertical lines and text. DXY/SPY: Blue price line in Wyckoff Accumulation phase corresponds to falling orange channel and to orange vertical lines...

Teklologist Updated 

Price looks setup for at least a short term pullback if not a trend reversal. Based on 2 HR TF, buy between 759 and 753, sell between 780 and 787 for 2.7-4.4% profit. Originally went to publish when price was 758.

Teklologist

Published via phone. Trade based on your risk tolerance. I’ve recently published similar BTC-Index ideas but this one takes the cake. Regardless of whether a true correlation between BTC and indexes exists, the confluence of charted price, fib levels, and indicators should grab your attention. Price represents Bitcoin’s price deviation relative to Index...

Teklologist Updated 

Published via mobile. Trade based on your risk tolerance. EW count of price using fib levels from 1974 to present. Quarter closing tgt $3130-$3150 Black Swan could bring recession early causing quarter to close far below target.

Teklologist Updated 

Published via phone. Trade based on your risk tolerance. Red vertical line indicates possible time for when SPX/DXY reaches Up Thrust After Distribution (UTAD) phase. From the left, yellow vertical lines represent Buying Climax (BC), Secondary Test (ST), and Up Thrust (UT). Orange rays indicate typical resistance prices that coincide with a phase...

Teklologist

Idea is simply food for thought. Chart depicts each index relative to the overall market. Clearly, NDX has best performance or gain given its upwards trend while DJI and SPX trend downwards.