crawfordpaul

crawfordpaul

Price has generally been accepted at 1220 for the past week and I expect to see a retrace at least to that area. With all the trouble BITSTAMP:ETHUSD has finding buyers above 1250 a retrace makes sense at least until there is more demand in ALT coins. Consider this, many bought ETH on these initial breaks, few if any made any profit and the smack off of these...

crawfordpaul

Safe sell from here with the liquidity sitting under this uptrend from the beginning of December. Watching for a quick price drop to shake buyers to move stops to breakeven. Almost a 1:4 RR ratio. Betting on the dollar having bottomed out now that election is over and there is more certainty.

crawfordpaul Updated 

BITSTAMP:BTCUSD Has put in a swing low at 34,385 and pulled back from that area. This area is my first target for a short position as Bitcoin continues to put in lower highs. If the lows are broken I believe Bitcoin can swing to lower support at 32,376 increasing supply in the market. The drop would serve as a part of the natural rotation of Bitcoin after a...

crawfordpaul Updated 

The Euro demolished the Dollar for the back half of 2020 and retrace to some level makes sense. The market seems to have exhausted some buyers which is evident on lower highs and the failure to squeeze sellers from 1.2347. The dollar may continue to weaken in the coming months, however there is definitely a correction due. Based on analysis I see smart money...

crawfordpaul Updated 

BITSTAMP:BTCUSD Has moved parabolically from 20k to 40k in less than a month. This type of growth has been maintained with uncertainty in the United States over the dollar and montary policy and a strong Alpha for institutions. However, Bitcoin has entered a greedy euphoric stage of the market where participants are continuing to pour money into it pushing prices...

crawfordpaul

This pattern first started once a week in November and has slowly developed into every other day, retail longs on the extended Euro Dollar have been pumping liquidity to short sellers. The following day usually has a nice pump and the lower lows and higher highs as the "uptrend" continues. Now that stimulus has passed I believe that more big sellers will begin to...

crawfordpaul

After a golden cross with the 50 and 200 SMA NASDAQ:MU has pushed up into overbought conditions on the RSI leaving quite a mess as it stretches. Now at all time highs, I believe that it is a good time for a short. With lots of buying pressure in the last couple of days some consolidation is expected. Semi-conductors have been a strong play during 2020, however...

crawfordpaul

Pivot point above 240.63, all time highs 284.47

crawfordpaul

NASDAQ:WKHS 30.95 All time high

crawfordpaul

NASDAQ:MSFT had a short interest of 1.1 in the month of November. Since the beginning of the month it has formed lower highs and higher lows in resemblance to a wedge. The most traded price was during this month was around 216.34 and I believe that this price being broken along with the ascending wedge breaking, MSFT could chase 221.86 or higher. The CCI sits on...

crawfordpaul

AMEX:SLV has been super volatile however I have noticed a trend with this precious metal. When it is priced at or higher than $23 it tends to turn down pretty rapidly and the same goes for pricing at 21.95 in the opposite direction. While it is hard to gauge the exact demand/supply of SLV and market conditions CCI shows clearly overbought and oversold conditions...

crawfordpaul

VIX has dipped extremely hard as media outlets project the election results. It has wicked off of 22.5 a couple of times and there is still a lot of uncertainty considering the news hasn't made any major announcements on the election since projecting Biden winning and the idea of voter fraud being taken to court seems to have brought the US to a halt. I feel as...

crawfordpaul

NASDAQ:AAL has been moving between 11.30 and 14.13 since earlier this Summer. Election time is truly the moment of truth. With a second stimulus bill in the works the main question that remains is when? Higher lows on the CMF shows that initiative for buyers is clearly there, comparatively to other dips it has formed a similar pattern. The earning beat is...

crawfordpaul

MLCO has been trading very emotionally during COVID 19 and has bounced between support and resistance nicely. As we approach potential for vaccine and retail preforms this company could continue to post higher revenues as it recovers from Covid-19. After the earnings beat the stock jumped and saw prompt selling and price has pushed back down to the Gap/Imbalance...

crawfordpaul

NYSE:FSLY is being faced with a class action law suit and it has caused lots of volatility for the stock price. It has moved back into its price range from late June and it seems as if it is ready to wipe these gains out. A drop below 71.52 and 68.74 could create more rapid sell off for FSLY. If price breaks the top of the flag and more buyers take interest, it...

crawfordpaul

NASDAQ:OSTK Has lost its upward momentum. As this stock begins to form lower highs, and holds the 50 day SMA as resistance it could break its upward trend channel. If it holds below 82.57 I believe it could retrace to the 72.10 if the trend channel is broken on the downside. However, a couple of strong bullish days and a break of 89.90 could prompt more buyers to...

crawfordpaul

NASDAQ:FSLR is a leader in the solar industry which will likely become a leading industry. I like this stock to begin pulling back after having a great start to the month. After this consolidation (watch for a bounce off 75.73) I believe that the upside is great. Break in 81.85 would likely lead to a test of 87.89. Earnings will play a big role in this and a beat...

crawfordpaul

OANDA:EURUSD is near completion of it's Elliot's Wave pattern following a tough week for the Dollar. Today's action is mostly accredited to strength of AMEX:SLV and TVC:GOLD . I believe there is a correction or some consolidation due early next week with the amount of economic announcements on the US and European sides, and as Brexit new's continues to develop...