dRends35

dRends35

As I covered in the weekend video, with S&P leading up and away, it would appear to be a very good moment to top up on some giant stocks. META looks very nice in this area. It has completed a 3 wave correction and it would appear the next wave up is underway. This is also in consideration that there has been 0 negative reaction to the FED "jumbo sized" interest...

dRends35

Is printing a whipsawing bearish Evening Star Candle Pattern. This is following a bull trap failure in the retracement Golden Window (0.618 - 0.786) and also through the rising trendline. So for a short term setup, this is an opportunity to trade with the whipsaw and high momentum. With a stop loss at the top of the upper wicked candle and target at the red...

dRends35 Updated 

Pumping here and growing in strength out of this accumulative area ❗ I think at some point we will see a third and bearish wave, but it may just be a shallow one before this really gets moving on up. Its currently in the retracement 0.618 Golden Window and so perhaps it happens here but it could also make a higher high. Our deeper buys at the higher time frame...

dRends35

BABA A little bit of devil's advocate here and to be clear; my high time frame bias is that BABA is in either beginning Mark Up bull market or it is in the latter phase of accumulation. BABA has been in a long term accumulation drifting sideways out the pitchfork over the last few years. And we have identified the bullish bowl shape in previous ideas. Chinese...

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dRends35 Updated 

Is this the start of the bull market for TLRY ? There are plenty of signals to suggest that it is about to begin... 🔥 Not advice

dRends35 Updated 

BTC Crypto is about to have a week candle close. This is a very bullish candle for Bitcoin. I picked out another occasion where there is such a long lower wick (green arrows)... And it had a very bullish wave up to follow. In the end this exotic area since March has become an expanding descending fractal. Descending is probably a bullish clue. Also notice...

dRends35 Updated 

SEI #68 Wild breakouts in altcoins today. This is now one of my favourites and having a big breakout here - up 16% 🔥. Its a very nice technical breakout here. It was a deep pull back but not too deep like others that I cover - ILV, PYR. It only dipped a little below the 0.618 and that was a sign of strength. And now with a fast breakout, this coin looks like...

dRends35 Updated 

I bought TRU and then went short TRU. Now its time to buy again. TRU above the supply line with a 14% pop so far today. And it now looks like a 3 wave correction is complete with the 3rd wave tapping into oversold RSI. From here this will likely be the next major wave up. See linked threads for my previous TRU ideas; they were both quite funny threads 😼. Not advice.

dRends35 Updated 

BTC Nice 2.5% bounce so far today. And now a choppy and shallow descending channel is printing. Patterns can morph, but a high time frame pump is more likely to come from shallow descending price action than ascending price action. So this is looking positive here. For your notebook; this area has now printed bullish Pattern Separation. This term comes from...

dRends35 Updated 

Had a nice 6% bounce yesterday and now back in the safer area of the descending broadening wedge. So far this week the candle body is an Inside Candle. This is a pressure building candle and it often occurs where balance is being restored and momentum is building for an impulse wave. If we were to see consecutive Inside Candles then that would be quite a...

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dRends35 Updated 

Highly probable Bitcoin has now bottomed. Looking for a move up to at least $174K. See you there!

dRends35 Updated 

I've been quiet on this one but LCID is an EV stock that can really pump hard when it gets going. Its been a devastating bear market. So many traders will have become rekt through trying their luck with this name. But devastating downside can lead to incredible pump action to the upside. And now it is breaking out fast Already up 25% today and could be more!...

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SHILL #1993 My alert just triggered because SHILL is now in oversold RSI on the week chart. And it has only been oversold like this for a brief moment back in 2023. RSI symmetry is common so there is a reasonable chance that it will bounce somewhere similar to previous RSI all-time-low. So this is now in the area where you might put a small entry in with the...

dRends35 Updated 

Good chance this is the beginning of the XRP bull market right here. This shallow contracting triangle now appears to be a consolidation. And now potentially into the next wave up. 👍. Not advice

dRends35

Gapped up to start the week and its another gap up today. We'll obviously have to see this develop to have an idea of whether this bounce will have any strength But significant pivots often happen with higher time frame gaps such as a weekend gap as we had yesterday. Notice that the previous two bottoming pivots began with a gap up on the week chart. This is a...

dRends35 Updated 

VET #42 If you're looking to buy a solid top tier altcoin that may bring you the volatility that comes only with altcoins but with less downside risk than many others, then VET is a great choice here. This whole area since June '22 has been very shallow in reflection of the highest time frame trend. From the bearish "SC" Selling Climax low of '22 we had...

dRends35

Looks like it may be finding a pivot at the 1:0.618 extension Golden Window. This would complete a 3 wave correction. The length of the 0.618 is shorter and thus it is a weak ratio. It doesn't prove that a hard dump is coming and quite likely we'll see another shallow wave extend back down and into a higher time frame correction. But remember that we didn't...

dRends35

AUTL is a big deal in medical innovation. If their lead cancer product "Obe-cel" gets approved then it may pump. On the chart this area is likely to be an accumulation unfolding. We've has a 3 wave move up as we've seen many times in crypto already. A 3 wave move up is corrective and so it is likely that we'll even see a Golden Window retracement $2.23 -...