ZenMode

ZenMode

This battery startup is in the right space at the right time. Headlines showcasing an environment that will be opportunistic for powerful moves. Think about what the market has priced this at? In three months a market cap almost the size of Ford? Seems like risky business to be long here at this staggering price, but who knows maybe they are sitting on some...

ZenMode

Really interesting close. Excited to see where futures open on Sunday. I continue to remain risk on in equities.

ZenMode

I have about 3% of my exposure to Crypto in LTC. The EMA flipping bullish on the weekly with stronger than average buying volume is a reoccurring setup I I am sure you have observed me knock out repeatedly. I love LTC compared to other crypto assets as it has a defined minting total, transactions are faster and cheaper...again very risky with this small of a...

ZenMode

Paypal is still seeing terrific sales growth followed by strong earnings. PYPL net margin (15.5%) while not the best for the tech sector, is remarkable compared against: TGT 4.3% WMT 3.6% AMZN 5% GS 11.6% I think there will be a great deal of growth in the cryptocraze with traffic being driven to Paypal as they worked the headlines for months as being a...

ZenMode Updated 

There is a great deal to be bullish about for JNJ. I anticipate the price will find a nice runup as the recent bullish volume along with strong institutional exposure (70%) leads me to believe we find the price moving higher. The other fascinating observation is the strong earnings growth with virtually no new sales growth. This is a company run incredibly well...

ZenMode Updated 

We are seeing other currencies, and cryptocurrency especially rise against the dollar, but when looking at the USD outright we see a very bearish picture. I would imagine targeting that $89 point as we see nice confluence with other indicators as outlined in the chart.

ZenMode Updated 

Ethereum has confirmed an accumulation phase with strong follow-through volume. Within the trend we see higher lows with a consistent high. The ema indicates we should see a nice bull run most likely mirroring the ranging size we experienced during the accumulation phase. Personally, I am not concerned about timing the next high as I plan on sitting long for a...

ZenMode Updated 

What a blessed year guys! It's time to pull out the celebration hats, and take the bows - we blasted through $20k into $21.3k. This buying volume confirmed the suspicions that we just underwent a massive institutional accumulation phase. The patterns & volume told the story and the price followed through. EMA is pointing to the start of a wonderful bull run...

ZenMode Updated 

What we are observing is a vertical rise in BTC followed by a visible period of consolidation. Bullish flags like that are typically common in strong uptrends - hence the "pole" part of the flag 'pole'.. No doubt we are observing the continued accumulation of BTC by some large players. The drop appears to continue to be bought back up by bulls who continue to...

ZenMode Updated 

Accumulation volume. With price flagging in an accumulation zone. Support finding a higher low indicates this trend is still bullish. I am still long BTC, and think we can even see higher highs from here.

ZenMode

I think fundamentally Facebook looks great, and can perform really well. The company has incredible earnings, a huge margin, and is run lean. This equates to consistently pumping out profitable. It is remarkable because as one can imagine many marketing budgets have been slashed when one thinks of airlines, hotels, restaurants, gyms and many other industries not...

ZenMode Updated 

The daily paints a bullish scenario for the S&P. If we continue to see volume drop I anticipate the S&P500 continues to find higher highs. The ema is pointing aggressively up, and even with a large pullback one could argue the trend is still bullish.

ZenMode Updated 

We are seeing just consistent sell volume on BTC today, as the market as a whole sells off a bit. Shaking out the weak hands near ATH is frankly not unreasonable to expect. How low the price goes is anyone's guess. I have been hitting some very small buys on its way back in the $16k range. Next chart will display long term weekly MA support levels, and...

ZenMode

Ethereum has been one of my top performers of the year. Again I think we have higher to climb. Buy any dips.

ZenMode

Please tell me if you disagree on the flag especially! Bitcoin has been the best performing asset of the year, and is certainly challenging the hegemonic order of global finance. What a blessing to be in this bull market guys! When compared against all legacy financial markets such as Gold , Spiders, Diamonds and the Q's it has outran them all. We are talking...

ZenMode Updated 

Bitcoin has been the best performing asset of the year, and is certainly challenging the hegemonic order of global finance. What a blessing to be in this bull market guys! When compared against all legacy financial markets such as Gold , Spiders, Diamonds and the Q's it has outran them all. We are talking about a stunning year-to-date gain of 148%! Here are...

ZenMode

Potential Ascending Triangle on the 15m. Nice bullish continuation pattern following a nice bottoming pattern. Trendlines: The horizontal line is the resistance area while the ascending line (line trending up) offers support. EMA Ribbon: The ema confirms what we are observing regarding the trend & likewise visualizes the bottoming pattern following the...

ZenMode Updated 

I think the price may be forming a big bear flag here. Just added commentary on the last analysis.