COMP is consolidating heavily on lower time charts. I am opening a scalp long. I may add onto this position as time goes on. Momentum indicators, MACD and TSI are signaling a consolidation of price action on the 30m. We're within our Keltner Channel so we have support beneath us. Lower time charts are signaling a small move up before our macro move down.
This is a scalp long I have initiated. Our momentum indicators, MACD and TSI, are showing a heavy consolidation on smaller time frames. I believe we'll see a small pump we can take advantage of to make some quick profits. RSI is undervalued. We're resting inside our Ichimoku support cloud. We're also at the bottom of our Keltner Channel, also giving our...
This was an intraday and has hit my second price target. It was closed out by limit order. Success! Cheers.
Another beautiful scalp. These were demo trades for a group I run. Hope you enjoyed my strategy! - Cheers!
This is an intraday strategy I am opening up. I may add onto this position. Our momentum indicators, MACD and TSI are signaling a heavy consolidation of price action. We broke underneath our Keltner Channel and have entered back into it, a sign of a potential price reversal. Even though we're under our 200-day EMA, we've seen similar price reversals happen from...
As I stated before, this was a quick scalp trade. Trade successful! - Cheers!
SRM is consolidating under a floor formed by the Vix Fix Finds Market Bottoms. We are in a pocket of support and on the 4-hour chart are resting on top of the 200-day EMA. Our momentum indicators are also starting to show consolidation in price action. SRM tends to make great leaps in these situations. This is a scalp trade I will possibly continue to add...
I am entering a scalp trade for LINK. We're in an undervalued position and I may continue to add onto this position as time goes on. We're seeing a heavy floor forming on the 30m Vix Fix Finds Market Bottoms. Our momentum indicators, MACD & TSI are signaling a consolidation is happening in price action. We're currently undervalued on 15m and 30m charts. We...
TRX is a great scalp option. Momentum indicator are signaling a consolidation of downward price movement. Our RSI is undervalued on the 15m, 30m & 1-hour charts. We've broken underneath our Keltner Channel and have now entered back into them. A sign of a price reversal.
APE is currently finding a local bottom and it is prime time to scalp this position. This will be a very short trade. Momentum indicator are signaling a consolidation of downward price movement. Our RSI is undervalued on the 15m, 30m & 1-hour charts. We've broken underneath our Keltner Channel and have now entered back into them. A sign of a price reversal.
Our U.S. Dollar Index looks like it's finding support for its next pump. Conversely, TOTAL looks like it's finding resistance and we're seeing a new monthly high. Here's our support and resistance zones to consider for intraday traders.
This is a scalp trade I'm initiating. I believe we'll see a move up to try to liquidate some short positions from here. Our RSI is bottoming out and momentum indicators are also starting to consolidate. We're resting on the 200-day EMA on our 30m chart and are signaling as undervalued for shorter time scales. We have pieced the bottom of our KC and I believe we...
See previous trade. We're about to hit a local area of resistance.
This is a scalp trade I'm initiating. Momentum is starting to consolidate and we're topping out in this region. I will potentially add onto this position over the next hour. I do not see us holding the support of the 200-day EMA. We are well above our Ichimoku cloud of support.
What a time to be alive. Gold bugs are rejoicing. Get it while the getting is good, though I'm sure you'll end up paying a premium. Always buy certified gold bars or coins. Don't buy certificates! As per usual, this is a long term accumulation area.
Cryptocurrency could be making its next leg down from this point. Looks like we're going to be retesting for new highs this week. I don't see the 200-day EMA getting broken here. Our 1-hour chart also shows a massive floor on the Vix Fix find market bottoms. For those of you who don't know, the DXY and TOTAL are inversely correlated.
A symmetrical pennant is forming and I don't see any options for BTC at the moment. As you can see after we broke the 1-day trend line we found support and then started our consolidation pattern. It doesn't look like we have the momentum to move up and the fundamentals of the market continue to show a decline in any and every asset class in the world. My...
I've had more than a few people message or comment on my charts asking for an update on this. Here you go. We could potentially see a double top by the end of this week. If we do get one by the end of the week, we'll most likely get rejected around 68 and then start our move down. I'm sure my usual subscribers know I take profits early on all my trades to make...