xtremerider8

xtremerider8

The bottom is in for Adobe. One more leg down to form the right shoulder. Pls see chart. Adobe has very good fundamentals & a lot of moat. A top choice for value investors having down so much. Not trading advice

xtremerider8

If Fantom is able to hold 2.0 above the ema 200, it may repeat the previous fractal. The ema 5 should be turning up in the next few candles. Fantom is relatively in a stronger trend amongst cryptos. Not trading advice

xtremerider8

MATIC was rejected consistently 200 ema & the 5 ema start turning downwards. Next support will be 1.39. Worst case scenario is the next GANN fan line perhaps making a double bottom Before any significant rally. Not trading advice

xtremerider8

LINK may have bottomed in this 4 hour chart after faking out taking out the stop losses. After the diamond reversal, it came down to make a higher low. A conservative entry would be to wait for a higher high or for LINK to go above & hold ma50. Not trading advice

xtremerider8

BTC on daily chart already rejected by the falling wedge with a big red candle. Next we shall wait to see if it also falls outside the inverted flag. If that happens, it may fall further to WMA150 or WMA200.(26600 or 19600 zone) If it breaks the flag to the upside, 40k/42k will be retested. not trading advice

xtremerider8

Possible reversal of LINK & pls see the target take profit zones based on GANN fan & support/resistance. Not trading advice

xtremerider8

In this weekly chart, BTC has to decide next few hours whether it wants to breakout of the falling wedge & rally up to retest the 40-42k zone or it will be rejected down. These are the 3 key levels to watch for potential lower destination: *the WMA100 zone near 36k *the WMA150 zone near 30k 0r *the WMA200 zone near 25k. BTC should hold 36k to remain...

xtremerider8

ADA is now consolidating near the base of a megaphone pattern. Breakout of 1.123 will send ADA ultimately to the top of the megaphone with a lot of volatility. Then price will make 2 abc zigzags to the next GANN fan lines which coincides with major support & resistance zones. (Pls see chart) The finality will be a retest of the 2 previous tops at 2.46 & 3.1. The...

xtremerider8 Updated 

AVAX recently completed abc.(a=c). Time to reverse up? Support range at 50-59. Resistance at the pivot zone of 70-79. Coincidentally, 70 & 79 are the red dma200 & the blue dma150 levels. Also magically, they are also the next GANN Fan resistance lines. Not trading advice.

xtremerider8

XLE broke out of downtrend line & rising wedge. It is now above all moving averages & the cloud in this weekly chart, Measured targets of big & small head & shoulders are 80/85. Not trading advice

xtremerider8

In this 4 HR chart. ETH now trading 2550. It seems to have completed the left shoulder & head at 2550 neckline. Price wil fall again to make the RS. the measured up-move will have a target at 2900, a resistance zone where it will be rejected down. ETH will remain back inside down channel (still downtreand). Battle of bears & bulls inside the cloud before ETH...

xtremerider8

ETH/BTC seems to be following a channel, large enough for range trade. Rotate between ETH & BTC to maximize profit. not trading advice

xtremerider8

* EPP ex Japan retraced 38.2% from covid low to 61 top...a good FIBONACCI reversal level for a strong trend. * Wma 100/150/200 violet/blue/red moving averages converging just below current price. * It already came back & just retested the BIG TRIANGLE top. * GANN fan line also gives support. * Looks like it will try to go in & breakout of the cloud next week. *...

xtremerider8

SPX futures needs to follow thru SOON on Monday”s long hammer candle by closing & consolidate above 4400. Otherwise it may loose current momentum & fall back to 4300, 4250, 4000 next supports & also the next GANN Fan line support. Above 4520 would give good chance for the bulls to retest all-time-high. SPX may take some time to consolidate, shake out weak hands so...

xtremerider8

Adbe shows divergences on many indicators. However, it still has to break about dma20 to be bullish. Next resistance is 507 & 537. ADBE has very good fundamentals & a lot of moat. It has fallen severely more than AMZN & MSFT. Chance to slowly accumulate it cheap. Not financial advice.

xtremerider8 Updated 

BRZU leveraged etf is now trying to break above the cloud. However it must break above dam 100 violet Line & 80 to be bullish.

xtremerider8

All indicators oversold. If only BTC Dominance could breakout of that descending triangle & go above 50%, that would be very good for BTC in 2022. Alt coins may lag BTC in 2022.

xtremerider8

BTC still not out of the woods yet just like the equity Market even with some reversal signs on Monday. Even with a dead-cat-bounce, there still be a small wave 5 down to complete waces ABC, ending BIGGer WAVE 4. Bottom targets could be the green weekly WMA 150 around 25k zone...or even red WMA200 worst case. *Although oversold already. However it may chop &...