Golden pocket special... to avoid being repetitive & to save time I'll just give the trade and spare you the write up. See linked BTC chart for more details. The Trade? Preferred Entry: $4.40 or 0.618 retrace of this impulse wave (if we get one) Ape Entry: $5.53 Stop: $4.3 - if it breaks lows, watch for divergence on macd +rsi combined for re-entry ...
My favorite trade, to avoid being repetitive & to save time I'll just give the trade and spare you the write up. See linked BTC chart for more details. Beautiful double bottom into the golden pocket... excellent R:R The Trade? Preferred Entry: $0.025 Ape Entry: $0.0275 Stop: $0.019 Target: $1.41 D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES. Never...
My favorite trade, since it's set up across many alts, to avoid being repetitive & save time I'll just give the trade and spare you the write up. See linked BTC for more. The Trade? Preferred Entry: $0.025 Ape Entry: $0.0275 Stop: $0.019 Target: $1.41 D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES. Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS. ...
my favorite trade; Golden pocket special.. What's Zil up to these days anyway? Key Points Trump lol The Trade: Entry: $0.0136 would be best, but given the R:R It's still tempting here at $0.016 Stop: $0.01 Target: $0.80 D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES. Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS. This is not financial...
Once you see this, it can't be unseen... How do large players build large positions? They shake you out and take yours. Think about it; where do you place your long stops? below the previous low? perfect. See what the large players did here? they kept the shorts in play, while running the long stops 4 times, each time stopping out your longs and building their...
Can you feel that? the weight has been lifted... With Trump winning the election expect BTC to rally. Hard. Garry Gensler? Day 1, gone. Elizabeth warren, powerless. Larry Fink - the CEO of the worlds largest asset manager is calling BTC a "flight to safety", saying "it's bigger than any government" & "its digital gold"... The stars have aligned, we're all set...
My first video analysis I go through this watchlist every few days to get a feel for market sentiment, here I've skimmed over about half the list, but it is due for an update - what should I add? Making posts for every chart takes way too long. video make's it easy to smash through the charts so If there's something you want charted let me know. D.Y.O.R. ...
Can you feel that? the weight has been lifted... With Trump winning the election and BTC breaking ATH, expect alts to rally. Hard. Cardano is set up perfectly, there isn't a better entry than this. Key Points: The 2020 bull market fully retraced to 0.5 fib A retrace to only 0.5 fib suggests Cardano is very strong 0.5 tested multiple times with a higher...
This pitchfork combined with algo targets predicts a top of $372,000 - $610,000 by November 2024. But do we over preform to $1,400,000+ by July 2025? Last cycle I was left feeling like we didn't get the same performance as the 2017 bull market. Yes we seen craziness in NFTs and many newer alts, but Bitcoin and many other large caps seemed a bit lack luster. By...
Across the crypto space I'm seeing mixed signals, some look ready to go while others look like they need one last flush out, a sweep of the lows, a spring. Syntheticx is a prime example of this. While there doesn't need to be a spring, if we do get one it'll provide excellent entries to enter long term positions. Key points: Appears to be at the end of...
Macro change in AUD vs SGD, golden pocket reacted nicely for a higher low & beginning of up move for the right shoulder of the inverse head and shoulder. There are 3 decent trades here: Inverse H&S, Algo and pitchfork reversion. looking for a pullback for an easy entry with tight stop but could also enter here for a decent R:R Key points: Reversion to the...
Fetch.AI had a perfect reaction at the golden pocket so the algos should be behind it targeting $3.90. A mean reversion trade is in play with 80% odd of hitting the target, currently at around +10x. Price has reacted at the local 0.5 fib so there's potential for this to be the local low but there's still a chance to dip to the golden pocket. There's an insane R:R...
Veracity looks set to pamp! There's multiple golden corner mean reversion trades in play with 80% odds of hitting their targets (as long as the lows hold). This Elliott wave count suggests that Verasity could be entering the most explosive wave, the 3rd with multiple algo targets above. In the past I've noticed setups like this often fail to hit the LOG targets...
I don't usually disregard wicks but wave 2 was a black swan so in this rare case I'll make an exception. When you measure the 1st wave; the bodies of the weekly candles end perfectly in the high probability zone (golden pocket). If you project from the same place the wave 3 ends in the High probability zone for a 3rd (1.618 - 1.75). Wave 4 has hit the high...
I thought this was going to be a quick and easy analysis but it's latterly taken days! I got bogged way down in the Elliott count and in the end had to strip the chart bare and start again. What you see here is as simple as I could make it. I still prefer the bull count but it's always good to have a roadmap for when you're wrong. But there are a couple of reasons...
Earlier in this cycle these were one of my favorite setups.. The win rate was ridiculous. Looking for a breakout and retest of the neckline. Should coincide with the 244 EMA SR flip on the daily. The Trade: Long: Entry: On the breakout and retest of the neckline Stop: 4h close back below the neckline Target: length of the head projected from the neckline....
Like almost everything else in the crypto space, the proposed wave 4 for Vechain is deeper and has taken longer than I would like to see. Worth noting is that wave 3 didn't hit the full 1.618 extension either. Above is the bullish case but I also have a bearish case in mind that I will post early next week. Key Points: Wave 2: Hit high probability zone (0.618...
THEATA : USD Potential wave 5. The fib relationships look good but the time its taken for wave 4 to complete when compared to wave 2 isn't great. EMAs are bearish. That leads me to consider two main options, 1 this is a bear market relief rally or 2 its still a bull market and wave 5 has just begun. The bull flag is enticing and the risk reward on this trade is...