novamatic

novamatic Updated 

we previously pinned the 61.8 retrace level and we are now finding support at the 50%. This likely predicts a significant upward move. Note the fib channel and retrace levels.

novamatic

This is a log chart of BTC. it shows a few simple concepts. 1. the importance of this long-term channel acting as support/resistance 2. the oversold condition (blue bars) act as a launching point 3. the duration of the launch seems to be 35 bars (months) 4. the top trendline may be a good target for the next launch 5. the channel centerpoint seems like a...

novamatic

This method uses Fibonacci to find key levels as we're heading down. We're on one, right now. We are likely to at least bounce, here. so a decent entry. Worst case, set your stop fairly tight below this level. You can see this method explained in more details published in my ideas with JBLU and NIO examples. Since TV says this idea is too short I want to wish...

novamatic

Here's a chart of AMD showing a fib (anchors are circled). We are in a descending wedge and on the 61.8 of the retrace. We're also above a volume shelf. Looks poised to make a big move.

novamatic

the relationship here has been working for a while. It's also nice to visualize the top trendline touch on KMLM with TQQQ bottom. How long will this last?

novamatic

This is a good thing to think about, periodically. On the big picture, we're riding the lower trendline and in a really tight range. some things I noticed: If we touch that lower trendline, buy. It isn't unlikely that we hit that top trendline, at some point. Based on these two observations, I'd say NASDAQ has room to run over the long-term.

novamatic Updated 

NOTE: This is a LOG chart, so it may look different if you're just viewing standard charts. We tested the 61.8 pullback twice. Targets are above and would bring us close to ATH. expect some sideways consolidation and then breakout.

novamatic

This chart is showing CONL with a fib pitchfork and key levels. As you can see, this chart trades very technically and is coming up to a very strong lower trendline that also coincides with a strong descending trendline (red channel top). I think CONL is about to rock.

novamatic

we're on the support box, look to be just starting a breakout on the wedge. momentum looks bullish. I'm long leap options.

novamatic

This idea is to share general timelines and possible levels for $SOLUSD. So far, SOL is traing Fibs, perfectly. You can see we extended to previous highs and pulled back to the 50% and 61.8% retrace, perfectly pinning the 61.8 in August of 2024 with a strong wick. From there, we went to previous ATH and we are now above that previous base, giving us a very bullish...

novamatic Updated 

We just tested the 61.8 retrace and if you believe the world isn't going to fall to bits, this is a solid play for upside in a 3x LETF.

novamatic

we have a confluence of levels and patterns. you can see the larger cup and handle patter. you can also see we pulled back previously to the 61.8 retrace. now we are on the 50% retrace and the channel. The channel has multiple touches on the top, middle and now the bottom.

novamatic Updated 

Arm has been trading very technical. You can see we pinned the 61.8 retrace on the lower trendline and recently tested it, again, at the 382 (also on trendline). if we break down, target is 50% retrace level at $113. you can see the upside targets if we break up.

novamatic

This is a log chart for Cardano if this plays out, we are looking at about a 7x from current levels, with a high somtime mid 2025. Then pullback/cooloff and go to next crypto bull run.

novamatic

This chart is mostly for me, so I can come back to it, later... but as you can see, we'll go up and down, but likely to go more up than down :)

novamatic

This chart is mostly for me, so I can come back to it, later... but as you can see, we'll go up and down, but likely to go more up than down :)

novamatic Updated 

Every time we've tested this trendline we've had a reversal in BTC. This time may be different. notice where all of the momentum indicators are on this touch - pushing down, below midpoint. I'm keeping a close watch on this.

novamatic

history may not repeat itself, but it rhymes... or so they say. But in this case, so far we have an EXACT repeat, starting in 2015. The chart uses the exactly same angles and duration from the inflation we had in the 1970s. I put this together around 6 months ago and so far... it continues to track. You be the judge of what's going to happen. Of course, time...