Teklologist

Teklologist Updated 

Published via mobile. Trade based on your risk tolerance. Low volume Price above fib channel Likely in Distribution

Teklologist Updated 

Published via phone. Trade based on your risk tolerance. Total index market divided by BTC Price inverted on log scale to display BTC outperforming total market as uptrend Price from start to present has formed the structure common to a Wave 1 If you ever denied Market-BTC correlation then laugh at yourself

Teklologist

Updated below idea to replace BTCUSD with BLX. Thanks owed to @Blinderdot for the suggestion. Total index market divided by BLX (BTC Index) Price inverted on log scale to display BTC outperforming total market as uptrend Price has ended a Wave 2 and formed the common structure before a significant rally If you ever denied Market-BTC correlation then laugh...

Teklologist Updated 

Trade based on your risk tolerance. Dotted vertical line indicates market cycle’s start through comparison to market cycle psychology chart. Short: Price has broken below yellow ascending wedge and confirmed former support as resistance with 3 rejections by bottom trend line. Long/Neutral: Price has seemingly broken above orange ascending wedge but has yet to...

Teklologist

Use chart to trade based on your risk tolerance. Published via mobile. Short: Based on periodicity, price to drop or stay sideways until its next cycle begins the week of 2 Dec. Short: Based on MA indicator, price could continue down while sentiment remains bearish. Long/Neutral: Based on price pattern similar to 2012, BTC’s next cycle possibly began the...

Teklologist

*Last attempt to publish this via mobile* In the charts. Published on mobile. FYI, based on linked idea BTC to TGT $28K. CNH = Cup N Handle

Teklologist Updated 

Chart says it all.

Teklologist Updated 

Rising wedge could break down near prime fib-time .618 level.

Teklologist

No trading strategy provided. This idea potentially sheds some light on the ongoing trade war between US and China economies. I normalized EDC/SPXL (Orange) by dividing it by 70 (EDC/70*SPXL) to fit it within same price range as SPXL/EDC. Focus on the waves.

Teklologist Updated 

An interesting set of proportions to say the least. No proven basis to trade on this, but I'm curious to see whether it plays out.

Teklologist Updated 

Sum/3 of SPX500, DJI, and NDX indicates a potential drop based on the megaphone structure. Could be intense but probably not as impulse-like as the red arrow conveys.

Teklologist Updated 

Made on mobile so chart might be skewed. Let’s see if these targets are hit before getting carried away with new ATHs. Based on Wyckoff (teal and yellow) and falling wedge (green).

Teklologist Updated 

Published on mobile. Don’t complain. BTCUSD has formed a bullish pennant using SPX500, DJI, and NDX price as its support and resistance. I’ve also indicated the average price of the three indexes.

Teklologist Updated 

An interesting correlation to say the least. Uncertain if chart is based on anything significant or simply an odd coincidence.

Teklologist Updated 

Created on mobile so apologies for any unforeseen errors in chart. Daily close line graph (white) is hidden, but current close price is provided. Chart depicts lines graphs of daily pivot (pink), daily pivot average (orange), daily S1 (green), and daily R1 (red). Stoch RSI and Market Bottom indicator provided. Hold/Buy-zone range indicated by yellow...

Teklologist Updated 

Update to a previous idea.

Teklologist Updated 

Wave III is less than 1.618 x Wave I so Wave V is calculated using 1 x the total length of Waves I and III. Other than that it's all in the chart.

Teklologist

Food for thought mainly based on long-term trend and EW count analysis. Since January I've changed my mid-term outlook from bullish, to bearish, and now back to bullish. However, I'm sitting out the rest of this run and therefore signaling neutral. The recent ups and downs are too risky and better risk-to-reward trades are likely available.