Tesla has a very good chance of having a move up from here. What indicates this? 1) RSI is low at the moment and creating bullish divergence on the 12h and Daily timeframes. 2) The weekly timeframe shows price is where it should be. 3) The 2 week timeframe indicates price should be slightly higher. 4) Because the weekly is telling is price is correct...
Using the above chart as a Macro indicator you can see that the time to buy AMD has arrived. Each time the RSI moves to an oversold position in the 3 week we often see great returns. The exception being 2008 where the period was much longer than usual. Yesterday I finished back testing AMD from 1972 to 2025. I came out with a 85% win rate over those years. I...
This morning I finished back testing NVidia from 1999. I used 25k as the start up capital but that is besides the point. The Point is that indicators are pointing out that the next long around is "around the corner". Similar to TESLA but NVidia has bigger. When can we expect this to happen? So on average from when the indicators start whispering that a...
Structure has held 100% from part one. We seem to be creating a SOW (Sign of Weakness) So what is next for us? There are three potential paths we need to monitor. All three scenarios are just based on structure and not price action or time. It is just there as a representation. 1) The Yellow Line represents the price potentially going back up to LPSY(Last...
It seems as though BTC has just exited the UP( Up Thrust) area and could be looking for a LPSY(Last Point of Supply). What does this mean? Well firstly BTC needs to hold somewhere which could be in and around the 73-76k region.(I do not have a golden fortune teller) but at the moment price is exactly where it should be. I would have to update as the days go buy...
The Schematic seems to be holding true for the moment. ETH seems to be ahead of BTC's schematic at the moment. ETH has seen its SOW(Sign of Support) and is possibly in Phase E(Down Trend) What to look for next? Wyckoff Accumulation Schematic (Bullish). Preliminary Support(PS): Initial buying pressure slows the downtrend. Selling Climax (SC): Sharp decline...