


** Trading opportunity ** On the above 2 day chart price action has corrected 32% since late January. A number of reasons now exist to be long, they include: 1. RSI resistance breakout. 2. Price action remains in a bull market, despite all the volatility, the life cross in April 2023 informs us of that. Until a Death cross prints, dips are buying...
** The weeks ahead ** Following the vitriol received by the public on the short idea (below) it is time once more to extend that audacity with a long idea. Apologies to the 90%, I know how upsetting this must be for you. On the above 3 day chart price action has corrected (as forecast) 70% from the short publication (red circle). Now is an excellent moment to...
On the above 2 day chart price action has printed 100% gain since September. A number of reasons now exist for a bearish outlook in the near term. They include: 1) Price action failed support. 2) RSI and MFI failed support. 3) Strong bearish divergence with price action. 10 oscillators price negative divergence with price action at this time. 4) The $72k...
** for the months ahead ** On the above 2 day chart price action has corrected 80% since late 2024. A number of reasons now exist to consider a long position. They include: 1. Price action and RSI resistance breakouts. 2. RSI trend reversal. 3. Regular bullish divergence. 4. There are two resistance levels to consider look out for, one at 400% and the next at...
** Forecast to occur inside the next 5 months ** Is the market bottom in? More correction to come? The next move in the market is going to fill many recent sellers with regret and for the few that don't use emotions.. According to social media, Youtube influencers etc.. the bear market is just beginning. In addition there is no shortage of messages with topics...
On the above 6 day chart price action has corrected 90% since early 2022. A number of reasons now exist to be long, they include: 1) A trend change in RSI. In fact the first higher low to print since exiting the downtrend in June 2020. 2) Regular bullish divergence as measured over 3 months. 3) Double bottom print on legacy support. 4) The bull flag forecasts...
On the above 4 day chart price action has corrected 90% since March 2024. A number of reasons now exist to be long, they include: 1) Price action and RSI breakouts. 2) Price action confirms support on past resistance. 3) Regular bullish divergence. 4) Expect a rally to the $5 area before downtrend continues. Is it possible price action corrects further?...
On the above bi-weekly chart price action has corrected over 90% since the sell signal (not shown) at $30. Now is an excellent long moment. Why? 1) A strong buy signal (not shown). 2) Price action and RSI resistance breakouts. 3) Bullish divergence. Multiple oscillators are printing positive divergence with price action. Is it possible price action falls...
On the above daily chart price action has corrected 90% inside the last 90 days. A number of reasons to take advantage of the situation, they include: 1) Price action and RSI resistance breakouts. 2) RSI trend reversal, higher lows print. 3) Significant confluence on past support / resistance (red circles) with regular bullish divergence. 4) The first big...
On the above 10 day chart price action has rallied 500% since October 2022. It is somewhat unfortunate to see so many long ideas at the moment. Motley Fool August 8th: “Here's how Meta could achieve a $2 trillion valuation within three years, and if it does, investors who buy the stock today could earn a 67% return.” Very misleading. Why bearish? Failed...
On the above 13hr chart price action has dropped 80% in the last 50 days. Now is a opportunity to scoop up some magic beans from desperate sellers. Buy why? 1) Price action and RSI resistance breakouts. 2) RSI trend reversal. 3) Regular bullish divergence. Is it possible price continues down? Sure. Is it probable? No. Ww
On the above 16hr chart price action has corrected 96%. A number of reasons now exist to be bullish. They include: 1) Price action and RSI resistance breakouts. 2) Trend reversal. 3) Regular bullish divergence. 9 oscillators print positive divergence with price action. 4) Falling wedge forecasts 2000% move to 70 cents. Is it possible price action continues...
as market participants quietly allowed themselves to forget about the CEX Ponzi scheme that was FTX supported by its wealthy social media shills, Bybit is hacked by North Korea for $1.5b... not hours after Coinbase CEO Brian Armstrong claims lawsuits against the industry will be dropped. What further evidence is needed as to why this industry is doomed to...
Price action has corrected 85% since mid November, a number of reasons now exist to have long exposure. They include: 1) Price action and RSI resistance breakouts. 2) Regular bullish divergence. Look left. 3) Falling wedge confirmation forecasts circa 550% extension. Is it possible price action continues correcting? Sure. Is it probable? No. Ww
** weeks ahead ** Is the market top in? This next move in the market will certainly convince the crypto folks that it is. According to social media, Youtube influencers etc.. the bull run is just beginning. That is in despite of a swathe of News article headlines “Bitcoin reaches new all time high $100k” and the janitor I have not spoken to in 10 years asking...
On the above 2 day chart of TOTAL 3 (crypto market total excluding both Bitcoin and Ethereum markets), an Adam & Eve pattern confirms (see link below for details). What follows next is the most exhausting sideways trading period that typically lasts a period of months ending with traders capitulating. So the crypto market so going to crash? The depends, are you...
**short term analysis - Days and weeks ahead** On the above 3 day chart price action has enjoyed a massive 320% rally over the last 2 months thanks to you know who. A number of reasons now exist to be “short”, despite the myriad of long ideas currently on the platform. 1) Price action prints bearish divergence. 2) Price action was recently outside the...
On the above 3 day chart price action has moved up 700% since last August. A number of reasons now exist for a reversal, they include: 1) Broken market structure. 2) Price action and RSI support breakouts. 3) A reliable bearish crossover. 4) No support levels until 1.90. A strike of 1.50 is probable. 5) "Short" active from $4.05 area. Is it possible price...