TheTrex

TheTrex

Pitchfork Idea

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APPL looking bearish on the larger timeframe, a bearish divergence is present and also an ascending broadening wedge pattern (ABW). Info on info on ABW-pattern: www.elliottwavemarketservice.com

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IDR getting stronger versus EUR

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DXY looks bearish; broke down Elliott wave (4) support from the uptrend and RSI also failed.

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Waiting for break-out, has held well during bearmarket, stellar is unique due it's fast transaction speeds and low-cost/energy efficiency compared to bitcoin and other altcoins. www.lumenauts.com

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Gann, angles, equillibrium, things to study.

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FB is making higher lows on RSI and MACD has been oversold for quite some while now. On 16 November the overbought from last uptrend to ATH will equal the time spent being oversold (could be reversal point). Furthermore, FB is in a Descending Broadening Wedge pattern, these tend to be bullish (partially confirmed by the weakening selling strength on RSI). Within...

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Bitcoin has seen pre-bullrun volume last 2 weeks with selling volume in decline and with the largest buy volume for weekly candle sitting patiently in a small bottom range. These buyers are not likely to sell only if it goes below 5900 USD. Setup looks good to buy and set stoploss below 5900. Targets are the fib levels, 61.8% is where one should definitely take...

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WTI CRUDE OIL has seen a downtrend for the past 20 days (from top to local bottom down -14.47% and based on Daily RSI which is in a falling wedge and the 4H chart which shows great potential to break up, would make this trade an ideal long-entry setup. Target would be 61.8% from the last leg down to play it safe resulting in a price 68.16 USD. Good luck trading,...

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QTUM nearing lower channel and wave support, look out for break-out above the wedge white wedge for bullish confirmation. BUY 4.23-4.25 USD SELL 4.436-4.56

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RVN has had a great uprun last few days after being added to Binance. I've scalped the momentum here a there a bit and it has finally topped (at least for some time). RVN made a higher high while MACD made a lower high showing a bearish divergence, meaning that price is being pushed up by declining momentum and this was an early sign of weakness. I've tried to do...

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DXY made a lower high and MACD just crossed bearish on the weekly chart. The index is likely to go lower and retest some levels at 92.5-93, meaning that commodities will perform bit better compared to the weakening dollar.

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ZRX, RSI has to bounce and sustain to keep going up, should be entering third minor up-wave now till top of channel.

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Special Gann Technique used to identify support and resistance lines. Fibonacci levels also present to see vertical price retracement levels.

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This chart will blow your socks off! The new religion is geometry ruler of all relativity (space-time, price-time, you name it). Good luck, -TheTrex ;)

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Bollingerbands tightening! Ready set go?

TheTrex

After coming back to accumulation levels and a double corrective ABC ZIL has some good potential to bounce from here. The following indicators that confirm this is the 30 EMA and 50 SMA 1-Day averages and the RSI showing lots of strength and breaking above a resistance line. Also looking at a parallel downtrend channel, the last resistance line from the ATH...

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Should be self-explanatory.