On the above 8-day chart price action has corrected 95% since the sell signal back in February 2021. A number of reasons now exist to be long, including: 1) You know why.. 2) Price action and RSI resistance breakouts. 3) Strong bullish divergence between price action and the oscillators. Eight of them as measured over a 160 day period. 4) A double bottom on...
On the above 4-day chart price action has corrected over 75% since the long idea published earlier this year topped out. Now sellers using emotions have provided you with a 2nd opportunity to go long. Why? 1) You know why.. The same conditions as before. 2) Price action resistance breakout. 3) Support and resistance. Price action returns to past resistance....
On the above 8-day chart price action has corrected by 95% since the sell signal (will show elsewhere). Today is great long opportunity. Why? 1) RSI and price action resistance breakout. 2) Multiple oscillators print bullish divergence across a 3-month period. 3) Seller weakness. Notice the long candle wicks into seller territory? 4) Price action prints...
but only for a little while. Do not believe this is another January 2021 moment, there's good reason for that. For other tokens, yes. For Dogecoin, a rally into a continuing Macro Downtrend. On the above 3-day chart price action has corrected 90%. An excellent long opportunity now exists. Why? 1) Price action and RSI resistance breakouts. 2) Price action prints...
On the above 10-day chart price action has corrected 98% since 2021. Now is an excellent long moment. Why? 1) You know why. 2) Price action, RSI, MFI resistance breakouts. 3) Bullish divergence. Lots of it. 9 oscillators are printing positive divergence with price action. 4) No stock splits. 5) High short interest. A number of hedge funds as well as private...
This idea follows what happens after the 31k idea target was met, albeit briefly. A number of developments print on the above weekly chart, could spend an hour talking about. In summary: The 100-week EMA confirms a candle body print as support. This is incredibly bullish. At no point throughout price action history did a bull run not follow after this fact...
On the above 3-day chart price action has corrected over 90% since November 2021. Now is a good opportunity to go long. Why? 1) A strong buy signal prints. (not shown). 2) Price action resistance breakout. 3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 90 day period. Is it possible price action could...
On the above 2-day chart price action has rallied 23000% in the last 18 months since the buy signal. Yes 1 Bitcoin becomes 90 Bitcoin. Amazing. A number of reasons now exist to be short, including: 1) The ‘incredible sell’ signal around $200. I recall seeing it but never published before now. 2) Broken market structure. 3) Everything said above is also true...
On the above 6-day chart price action has corrected by 95% since October 2022. Today is great long opportunity. Why? 1) RSI and price action resistance breakouts. 2) Multiple oscillators print bullish divergence. 3) Price action prints support on past resistance since breakout. Look left. Is it possible price action falls further? Sure. Is it probable? No....
On the above 6-day chart price action has corrected by 95% since January 2022. Today is great long opportunity. Why? 1) RSI and price action resistance breakouts. 2) Multiple oscillators print bullish divergence across a 4-6 month period, very powerful. 3) Seller weakness. Notice the long candle wicks into seller territory? This is especially true on the BTC...
The bears have never been louder. The highlights from various sources: 1) ‘Short’ ideas on the tradingview.com platform are in the majority. An abundance of bearish ideas. And what do we know about crowds? 2) Popular Youtubers/social media now calling for lows of 3300 and below after a strong bear market rally. 3) “The Yield curve is inverted a crash is now...
Amazingly everyone is still bearish. The ideas on Tradingview talk for a 30-40% correction as does much of social media. Popular cypto Youtube channels share a similar narrative. Terrific stuff. As a contrarian my opinion is very different from the crowd. Whether that be stocks or crypto. Am certainly walking in the opposite direction from everyone else. The...
On the above weekly chart price action has corrected over 90% since the sell signal (not shown). Today is great long opportunity. Why? 1) RSI and price action resistance breakout with support confirmation. 2) Multiple oscillators print bullish divergence. 3) Trend reversal. Higher highs higher lows replace lower highs lower lows. 4) The macro bull-flag...
On the above 4-day chart price action has corrected 90% since the sell signal in February 2021. A number of reasons now exist to be long, including: 1) You know why.. 2) Price action and RSI resistance breakouts. 3) Strong positive oscillator divergence with price action. Multiple oscillators currently print bullish divergence with price action over 136...
On the above 4-day chart price action has corrected over 95% since the sell signal(not shown) @ 2.80 in November 2021. Today is great long opportunity. Why? 1) You know why. 2) RSI and price action resistance breakout. 3) Strong bullish divergence. Multiple oscillators print positive divergence with price action over an extended period. 4x34 days. 4) A double...
There is growing evidence for it. On the above 10-day log growth chart price action has been riding the ‘mean’ log growth line for a little over 1 year now. Throughout this whole time price action trades within an ascending channel, a bear flag. Within this bearish channel a smaller bear flag is printing. A measured move on the smaller bear-flag confirmation...
On the above 4-day chart price action has corrected by 95% since a sell signal printed. Today is great long opportunity. Why? 1) RSI and price action resistance breakouts. 2) Multiple oscillators print bullish divergence. Look left. 3) Price action prints on support. Look left. Is it possible price action falls further? Sure. Is it probable? No. Ww...
On the above 10-day chart price action has printed a 500% move since September last. Now is a excellent short opportunity. Why? 1) Price action prints at macro resistance 2) Price action prints a bearish engulfing candle 3) Broken RSI support. Is it possible price action continues higher? Sure. Is it probable? No. Ww