


tantamount
EssentialWatching for shenanigans at this level to verify if any further downside is ahead. I see two scenarios which are located in my profile. Either we've already reached a major bounce point or we capitulate further to $2K regiom. Trade safe and enjoy the show! NOTE: NOT trading or investment advice. Entertainment only
AMEX:USO Looking at the Weekly chart, USO is oversold on RSI . Sell off VOLUME is enormous and appears to be slowing. We're also sandwiched in between the weekly ($4.30) and monthly supports ($3.70). From these regions, I am looking for a bounce up in the near future to retest resistance (highlighted) in blue, especially if we're getting close to a rescinded...
BITSTAMP:BCHUSD Seeing these patterns pop-up all over. If the BTC market stays bullish from here, then let's see if 1.618 gets hit. NOTE: Not trading or investment advice. Entertainment ONLY
COINBASE:LINKUSD I recently recalled an ETC Fractal that struck me as interesting after coming across another similar one on LINK. Note, I've no personal or financial interest in this coin what so ever, but thought it was worthy of sharing for those who might. NOTE: Not trading or investment advice. Entertainment only.
COINBASE:LINKUSD :REPOST: To make this idea searchable under LINKUSD. I recently recalled an ETC Fractal that struck me as interesting after coming across another similar one on LINK. Note, I've no personal or financial interest in this coin what so ever, but thought it was worthy of sharing for those who might. NOTE: Not trading or investment advice....
BITSTAMP:BTCUSD Support and Resistance Trend lines.
Self explanatory. If we use the last 3, largest retracements as a guide to pinpoint where BTC may be headed, then look no further than price to decline toward $2270. This is likely a worst case scenario, but not unlikely IMO . I'm more hopeful the market decides to keep BTC stable and up before such a retrace would take place. Note: NOT TRADING ADVICE,...
Throughout BTC history, the established support trend line from Aug '15 has proven to be a very important one for the Bulls. For 4 years now, we've seen multiple retests and Bull continuation moves started from it . The run up to $14K in 2019 was certainly a good example of the strong support, given that BTC just retraced 84+% from ATH ($20K). Now as we...
On Oct 25th, it was clear there was significant bull divergence playing out that would push BTC to the upside. Noted here: www.tradingview.com and www.tradingview.com Thus far BTC took off and we've since retraced to .886 of the prior structure high before the BIG down move end of Sept. Given the currently weekly chart CCI and Stochastic, it would appear...
This is merely a contrarian view to the current Bull run. I'm more curious to see how this scenario would play out _IF_ Bitcoin should decide to correct lower. Let me be clear, I DO NOT want BTC to reach these lower 2017 levels, but again, it is foolish to believe it couldn't! Bitcoin and crypto markets are volatile when considering the players involved. Good...
Watch for breakout above neckline to enter the trade for Target 1
While we wait to figure out BTC direction, here's several support trend lines beneath that could possibly be a pit stop if there were plummet by shorts. In addition, I've noticed there is a huge triangle that may play out ABCDE.
COINBASE:OXTUSD Another big selloff occurred from $.36, so how many Bull creatures were able to escape? We see an engulfing bullish candle occurred at .786 retracement, so someone still has interest as it bounced 3 times in the region. If most of the selling has already occurred, I'm looking to see OXT bounce up in between fibs and resistance for a scalp...
Charting what I see in the mid term TF. The harmonic is a Deep Bearish Crab, validated at 1.618, however the CD leg PRZ could reach higher to 2.618.
Historically, when RSI is oversold on the Daily and Weekly charts, expect a bounce to the upside. In conjunction with THIS oversold condition, the 233 EMA (yellow line) has acted as great support for bulls, especially at the end of 2018 Bear market and beginning of 2019 Bull run to 14K. It's important to note where the 233EMA is located also mirrors that of the...
NYSE:GE Go ahead, my flame suit is on! :) Rising Market - Triangle Correction Pattern Trade: Long in 2019 Sell in Mar 2026 Long in Sep 2028 - Ride this pony until retirement or gift onto your family. NOTE: Not investing or trading advice, entertainment only!