Not financial advice Looking at the 3 month charts of spx we can see on the stoch rsi that we are oversold. But there a big catch that I noticed on the Stoch RSI bottomed at -1.0 and the stoch rsi is also trading below the 2020 COVID crash with room to still move down The Fisher has crossed down as well I believe this is just the start of the correction that...
Not financial advice This is an update to my idea where I had it shorting to low .40c area now we are in our impulse stage. So far has moved 250% from the low so a cool down to be expected.1.10 is key Trade moving forward See if 1.10 holds as support here to continue the parabolic move that tops at 3.67. We are oversold big time on the weekly so a pullback to...
Not financial advice Just simple numbers here once we enter death cross territory Same metric gives us a target of around 27.50-28.00 Always DYOR Always practice patience #PIK Patience is Key #TLAW Think Like A Whale
Not financial advice This is an update from an earlier chart I posted. But if we maintain a .034 daily close we have a target of .0465 1st take profits be the 200 week moving average of .043 followed by .046 Then let's see if we can nail it up to .07c that's a big if but let's see.
Not financial advice Trade going forward Must keep 4 hour closes above .027 for a long to .0343 area Wait for retest .027 to see if it holds and take a long to .0343 area Currently in a bearish wedge Where .0273 must hold we lose that number on a 4 hr close. Target would be .0197 entry Target is derived from taking equal measure move up to wherever the trendline...
Not financial advice We currently have taken out a 25% block on the daily. And if we get a daily close above 7.80 the 1st take profits is 9.72 according to the block theory... Staying above 7.80 on the daily we can aim for as high as 13.77 according to fib extension on this shorter timeframe of the daily. Again DYOR Always practice patience #PIK Patience is...
Not financial advice Weekly chart won't happen overnight 3-6 months Wyckoff Mode Please research wyckoff mode. I circled the UTAD (Upthrust after Distribution) Wyckoff is 5 stages. Currently in 5 wave. Corrective structure on the weekly We had a bearish wedge that was 70 % Apply that same 70% to the break at 358-360 Gives a initial target of 110. Also We have a...
Not financial advice. Also we have a clear resistance line on Stoch Rsi as well. We lost a big triangle that applying same level loss of % gives us a cap of .10c Now applying fib retracement where the "0" is 10c we have a stop point of .188 with a baseline of .20c Now saying all that there is a 2 fib up theory that could play out with this token. It's been...
Not financial advice. Trade idea moving forward. Try to make your buys as close to .028 as possible but DCA your buys Staying over .028 we have a target of .104 moving forward for next 90 days. So we have a good consolidation range here to still feel comfortable DCA into your buys The trendline you see on the STOCH RSI is derived from the the monthly charts and...
Not financial advice Seems we are currently in a wave 4 correction on the daily with a target of around .09c for a correction.. BTC dominance has tapped 43.50 and I expect it to correct to around 41.50 % as BTC dominate corrects tokens such as OGN should run their wave 5 You can see we are heading straight down on the RSI to find the bottom of this wave 4. Once...
Not financial advice Trade idea moving forward. Look for entry around .75-.95c but long term bullish... If you like give a thumbs up and follow Short term I'd look for an entry between .75-85c ish range to go after 2.50 wave 3 target followed by a correction back to current trade levels of 1.00-1.25 then onto the target of 5.75 You can see where we topped at and...
Not financial advice I highlighted it must hold the 2770 range to go after the the take profits area highlighted in black. A 30% upside from current range. With as high as the 5000 range . Losing 2770 range 2215 be my target area. DYOR #PIK Patience is Key #TLAW Think Like A Whale
Not financial advice XAVA one of the tokens that got slammed down during bear market so we can expect a relief rally here up to .17c before correction. If market stays healthy .215 would be my mid line target and .33c as the top Ones that been dragged down have a tendency to go up the fastest. XAVA fits that profile #PIK Patience is Key #TLAW Think Like A Whale
Not financial advice. I wouldn't be surprised at all to see this move up 100% from here and possibly more. One day chart we a little oversold so let's see if .04c holds but risk-reward good here IMO Just happened to notice the RSi here repeating same pattern that gave us a 70% move previously HTR is beaten down bad. And it's sad I really like this project and a...
Not financial advice Please read We have what I refer to as a super consolidation period here We bottomed out at 19.00 on 2020 COVID crash and been following the trendline ever since then. We had a double bottom at 33.00 which acts now as support And a 44.00 double top which acts as resistance. So that is consolidation for the eventual rise up. From 19.00 to...
Not financial advice Seems to be trying to find it's bottom of the wave 2 formation here Wave 3 could potentially run us up to around 4.70 mark a 1x gain from here Resistance at 2.43 We lose 1.98 range my target would be 1.25 entry. Been pretty beaten down but has a pretty good balance sheet Also a fan of IIPR REIT Real estate in a mess and will be a rough year so DYOR
Not financial advice We have a harmonic ABC pattern playing out here Parabolic trendline on RSI has broken. And we should start to see our descent down to 42-45 range first first then up to around 48 level before ultimate drop to 22.00 35.00 right now is area of interest to hold kinda the mid point in a sense. Within these overall patterns we have mini patterns...
Not financial advice. Nothing has changed. Oversold on the 1 day 3 day charts. Need a reset to go after 18800-19300 before final move down Still a sinking ship with 5-11k target Still grabbing liquidity here. Bull trap. This is an update to the sinking ship theory I posted as well. There is a 3B rule I follow That is Never Buy Bitcoin on the B rally You want...