toxicenigma

toxicenigma Updated 

SPX short term short down 400 pts from neckline to around 3430

toxicenigma Updated 

Chart is messed up. TSLA has good long term potential but is way overbought and technicals are overstrained. Great trading opportunity ahead.

toxicenigma Updated 

We hit .113 fib at $3200 from the top as usual. First fib was 34.618 at $1200 followed by 21.618 at $19k. Next fib is 13.168 at $222k. It can hit again $3200 but based on MA 200 weekly historical support I would say that we're basically done with the bear market. Don't sell. Don't trade. just buy and hold. $222k will come in 4.5-5.5 years. 35x to 60x return...

toxicenigma Updated 

224 is .618 from 2018 low. I didn't use march 2020 low because more fibs are lining up on using 2018. Optimistic targets for exits also identified in case of melt-up scenario some analysts are predicting.

toxicenigma Updated 

Maybe it's wishful thinking to look for 6k BTC around September but I think it's also pretty clear that we are in the top of the new ascending trading range.

toxicenigma Updated 

I wouldn't trade this stock at all the fundamentals are questionable at best and the TA looks horrific. Trade groups love to manipulate stocks with little actual value or future because the price can easily drift away from reality and turn into pure speculation. Reality is we could see this stock get short squeezed before its ultimate demise like G. Paypal has no...

toxicenigma Updated 

The retrace to .618 with a rejection tells me that we will go back to the .236 and we'll either break down or up from there. If we break up I think we'll take that to at least .886 to form a bearish bat. Or we could go higher for a full retrace, possibly a double top or new highs. If we break down It looks like a 1.618. Overall we're definitely in bearitory for...

toxicenigma Updated 

This is what I think because why not? I don't really have a good explanation of my idea other than matching of trends and fibs and a hypothetical need for a technical relief on the 13 year bull market we have seen.

toxicenigma

We need some technical support on the 2020 bottom and it just so happens that it lines up with the long term ascending support line in the next year. I think at this moment entering short is silly as we could see more upside but I do believe that reaching the top of the ascending triangle later this year will be a good time to enter short position. That support...

toxicenigma

American Waterworks has a long history of steady increase. We are nearly ad the bottom of a strong support in this range and is good buy at 148.

toxicenigma

When you take out most of the noise of the candles its not that hard to see bitcoin is in simple abcd corrective pattern

toxicenigma

XRP is just a method to gain liquidity in the market. I am expecting a repeat. When btc is $200k xrp will be about $1 to XRP bag holder's utter dismay. Only then to rocket to $75+. So why hold XRP when its going to drop 80%+ relative to BTC? There is no reason at all. Buy XRP at 589 sats and watch it rocket to 64k sats in 4 years.

toxicenigma Updated 

If this is all distribution up at this level why wouldn't we push for accumulation at a lower range than the previous one? It wouldn't make much sense to do distribution at this level unless accumulation at a lower level than previous is in store for us.

toxicenigma Updated 

History never repeats its self but it often rhymes. I'm targeting 5100 for spot buys and will holding from there for next several years unless we get into a seriously overbought situation in which case I will sell some and re-buy lower. If we do happen to see something way below 5100 like 3200, I'll just max out the credit cards and buy more.

toxicenigma Updated 

There is so much fomo going on right now. Its like no one cares that we haven't built a bottoming pattern yet. I suspect a lot of fomo buying going on right now just because there is so much confluence at resistance lines without any support being built whatsoever. Pain will follow. Who can say really how high or how long the fomo goes on but there is a good place...

toxicenigma Updated 

well not sure why you would want to buy ripple piece of trash shit coin or any other crypto tbh but if you want to make money you can short ripple to .035. Main idea here is that liquidity in macro market has gone away, bitcoin heading back to 1k and ripple has a 1.04 : 1 ratio of loss on drops with bitcoin. We are pressing full reset to establish a completely new...

toxicenigma Updated 

XLM could be forming I H&S

toxicenigma Updated 

Fractal based on last drop