BTC continues to make higher highs and higher lows. I'm bullish and will continue to be so unless we break monthly one-time framing higher (45,000) as well as previous ATH (42,000). If we continue to dip, I would happily start a new position in that area with a stop below.
I would like to get long at the top of todays RTH single prints. Looking to balance in the upper distribution of the P-shape profile today.
Looking to balance within the spike (single prints)
Looking to take a short at the top of the trendline with target of 3892
I believe this recent rally is a short covering rally and I would like to see the developing POC rested.
Looking to short the top of the single prints and buy last weeks low. I believe we might stay range bound for awhile here.
I believe we will stay range bound in /ES overnight. Looking to play the extremes. Sell the top of single prints and buy last weeks low.
I'm looking for a large-drawdown to start a new long term position in AMD. Setting stop tight as I wouldn't want to see the stock get too far into the gap.
I am just having a bit of fun here. Can I use fibs as a prediction tool? I just want to see how this chart plays out over time.
Looking for an ES long entry at the bottom of the channel if we reach it. Breaching the middle of the channel as of now.
I'm currently long DOGE riding a free position. Will add at trend support with a tight stop.
Looking to add to my position if it reaches the bottom of the channel. Needs to break through the middle of the channel first.
An update on my current BTC play. I'm taking some risk off the table as I believe we have a higher chance of retracing than breaking out. Keeping a close eye on DXY to see if it bounces.
The 50-day simple moving average has crossed below the 200-day simple moving average causing a death cross. Looking at other death crosses in the past we find that: For the dot-com bubble, the death cross appeared on 2000-10-30, we ended green for 9 more days. For the financial crisis, the death cross appeared on 12/21/2007, we ended green for 4 more days....
Even with the looming problems, the market has closed green. Tomorrow is a pivotal moment as we will decide which direction we will continue heading in the short term future. In the 4-hour chart, I have mapped potential routes depending on which direction the market takes us. If we close above $256 we will test $265. If we close below $246 we will test $233 The...
This is my first analysis, feedback is appreciated. Right now, it looks like the perfect bull trap is forming. We are experiencing bullish signs: the downtrend line has broken three times: Thursday, Friday, and now Today if it closes green. If we cross $264 support, we could test $278. If what we are seeing is a bull trap, the area between $278.92 and $293.32...