Crude oil is trapped in a descending triangle after a blow off top. might take some time to play out but target for crude oil based on the triangle is 42-40 crude oil.
Hey guys been following UAA for a little while and I think the current stock is oversold. The current hype around the company going belly up is a bit over blown, mismanaged yes, going under no. This is literally a trade based on do the exact opposite as the news. Everyone says its dying therefore the bottom is in Target 10.50
EWTUSDT is finding support on a major support at $5.50-6. Look how the Murreys math nailed the bottom. Right now we are retesting the last major resistance level then its $7.50 (mva that keeps rejection us on the bear market on the Daily time frame) then theres not enough information. Alot.... from there is price discovery. GRAB A BAG
I can't overlay the wyckoff accumulation distribution chart over this but if you rotate the wyckoff chart by 15 degrees it almost lines up perfectly. If this correct we are still in Phase B. We should see one last push to 17500 +- $250. Then dip to 13,000. Although, the Weekly RSI is very high 78+ which is very high for the start of the bull market compared to...
Pay close attention to to 8500-9000 this could easily be a bull trap.
If we see btc bottom here we could see a reversal of btc.d. A rejection of the rsi at 50 and the .5 fib would be a confirmation that alts are ready to move. Although we have the ribbon giving support to btc. As long as btc.d doesn't retest 70 this and we get rejected at 67.50..... I believe alts could rise.
Neo just entered the Ichimoku Cloud just as it flipped to green and held for a few days. Which just happened to land on the moving average ribbon. MACD crossing up, P-Sar switched to green, STOCH is above 25, RSI is above 50. I entered this trade already but we might see a retest .001225 area but these bulls are on parade.
Dock usually pumps in threes. we have seen two major pumps in dock so far and if history repeats.... the third pump looks could be 300-350 range see.
Looking to me the rsi is testing a old trend line and btc.d is was rejected from .382 fib retracement from its last drop. Looks like alts might see some love.
If the BTC.D falls below 70 POEBTC could have upside 40-50. On the 4 Hr charts it is fighting to find support on the moving average ribbon. Trade safe.
This chart is the 1hr chart of btc. I noticed that this pattern is almost the same at btc on the 1 day. Starting in Feb saw started a pump followed by a F flag then two new higher highs then a dip.... then a curved rally followed by a new higher high then a dip, then a curved rally forming a new lower high followed by a descending triangle. This 1 hr is...
Here is another charts using the RSI, Stoch, and Demarker showing what I call "Kill Shots" every vertical line is a shot triggering a Alt run. As you can see the Stoch Is the primary indicator that points to a Kill Shot... and it is pegged out and coiling tighter. This does not mean we have reached a peak... But the sentiment in the alts are starting to smell...
QKC showing its muscle here in the face of BTC showing its Dominance against ALTs. If we can break 160 and confirm 160 as a bottom we could see some action here. As of today 180-200-220-245 would be sell zones if we can confirm a break out.
Look at this beauty there is so much data here on the weekly charts. There is no thought in my mind that ltc/btc is due for a pump and we do have the halving coming up. Although, I do not expect anything to happen short term but long term this should come back up to its peak. Now, I call these vertical line "Kill Shots" Because every time in the history I have...
All indicators are looking healthy here. Forget the "wick-a-nocha" some call a summon candle which never works in crypto.... but I picked my sell by the body of the candle on May 15th. in two stages i will be selling but my highest sell is at my blue line we could see 640-681. not saying it will be there overnight. anyone like the BQX yet?
RSI looks like a buy signal here making higher highs and I hope the triangle we are in is not a descending triangle but a triangle for indecision waiting for a conformation. I am bias to the upside but also have taken a position in these risky times..... "i'm good to go" Contact movie lol this is going to be my tag from here out.
Wait for entry on a pull back on the 4HR. Current Price .00001427