ATH
SPX: What to expect from here?Hello traders and investors! The SPX is doing quite good today; let’s see how it is doing:
First, in the 1h chart, we see a very sharp movement since Monday, just after it hit one of our support levels. The more it goes up, higher are the chances of a pullback , so, if it drops again to its 21 ema, I wouldn’t be surprised at all.
But it seems we are seeking the ATH here, and the daily chart has some interesting info for us:
Since the beginning of this month, I was expecting a pullback at least to the purple trendline , but it seems the market simply can’t drop properly.
As long as the index keeps inside the 4257 and the 4167, nothing interesting will happen, but if you ask me, it looks like we’ll retest the ATH, despite the low volume seen during yesterday's bullish reaction (which is a reason for us to stay alert). Still, I see no pullback/reversal signs around, so, I’ll keep my target at the ATH for now.
Meanwhile, it seems the index is doing just fine, and the drop to the 4k was just an opportunity to buy after all. My followers and I bought several stocks at this time, a nd we outperformed the market by a mile (the SPX, DJI, NDX... all indices)! If you know how to pick the right stocks, you can make some nice profits around. If it is a bull trend, you just buy when it drops.
If you liked this analysis, remember to follow me to keep in touch with my daily studies, and support it if it helped you!
Thank you very much!
Nas100 in near future 14300 🔥😋✊🏾Let's go! Let the shooting star do it's thing. Although a spike to the downside still has to form 22/06/2021 ... The price remains bullish.😉💥🔥🔥💰
Let's eat people!!!!!!
NB! This is not Financial advice if taken so I am not to be held liable.
share your thoughts down below...☘️
EACO Trace: Bitcoin projection at $ 1,000,000This is a logarithmic projection of Bitcoin against USD called "EACO Trace", for the next All Time High of BTC (1,000,000 USD), where the price in its history moves in a bullish channel and tests its extremes with parabolic movements that are cut by a common secant formed by a range between the two parallel yellow lines, a secant that serves as a great support that was only violated on 03/13/2020 by the COVID 19 effect and was recovered on 11/09/2020. At the moment we are bouncing off it and on the brown 55 EMA, where in the worst case the price would enter the yellow channel to continue its bullish movement guided by the parabola until a price indicated with the red spaced line, of 1,000 ,000 USD.
ADA/BTC Forming another bullish flag. Moving towards ATH.Cardano is moving towards new ATH considering the ADA/BTC chart.
Currently we ca see the formation of a second bullflag since the head and shoulders breakout.
We expect some more consolidation before an upwards breakout.
Smart contracts are around the corner and money is coming towards ADA.
With its proof of stake mechanism it also is energy efficient.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, white and pink lines are 200MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
GOLD preparing to take out the ATHGold has been depressed in 2020, for several reasons. However with inflation creeping up, it will be difficult to hold it below its ATH, that is just 8% away.
Back in 2019, I expected Gold to retrace a lot deeper the last major impulse FIB for the monthly view, it turned out that Gold did better, and stayed around the 38% retracement, a sort of bullish thing I would say.
I expect Gold to slowly trend here and perhaps take out the ATH some time between Q421 and Q322.
SPY I spy a New High for SPY
I made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at that time. Therefore, the outcome should be the same coming out of the move. I then used PTP which is Past Trend Prediction by tracing the trend it made after this move in the past and projecting it forward on to the current move.
Then I took the same move on the Daily which is a different Time frame then the first..and found the same move with out a key and traced its path and projected it forward as well.
Sometimes I use about 5 other Price Action tricks I have have developed over the last 10 months or chart out the Curve and what Stage it is in. The Curve is my own brain child and I compare that to Wycoff method. Taking all of these into account You have several different approaches to confirming direction and intent of the institutional buyers and where Retail resides during this move.
If you would like to have more information or videos on Any of the ways I chart pls comment below. Like, follow, Subscribe...share.
Thank you,
iCantw84it
06.14.2021
AUDIO/USDT Moving into range range. Breakout ahead?AUDIO found support at the green line and did follow the downwards trend indicated by the violet line.
We are looking at a decisive moment where we probably see a disrupting move.
AUDIO has a great usecase since music is all over the place.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
SP500 for a new ATH? 🦐SP500 after last weeks retracement is now back pushing at the resistance level near to the market all-time high.
According to Plancton's strategy of the market will break above we will set a nice long order.
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SP500 ready for ath? 🦐SP500 after last week's retracement is now back pushing at the resistance level near to the market all-time high.
The price is consolidating below the structure and according to Plancton's strategy if the market will break above we will set a nice long order.
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SP500 at the historical highs 🦐SP500 after last weeks retracement is now back pushing at the resistance level near to the market all-time high.
According to Plancton's strategy of the market will break above we will set a nice long order.
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
SP500 back at the previous highs 🦐SP500 after last weeks retracement is now back pushing at the resistance level near to the market all-time high.
According to Plancton's strategy of the market will break above we will set a nice long order.
––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
DENT/USDT Recovery in sight. ATH is >4x away.DENT did find support near the old resistance line around 0.0025.
Back in march when this was broken the true bullrun for DENT did start.
Now it looks like we can recover from here and before we think about new ATH we have several new resistance lines to clear.
It looks like a good entry point.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
SPX: All according to our plan! What's next?Hello traders and investors! The index did exactly what we said here, two days ago, and now it is time for an update. The link to our previous analysis is below this post, if you are curious.
First, it hit the dual support level made by the two black lines and it is already bouncing back up. We have a congestion in the 1h chart, and the 4,180s is the bottom area. Now it seems the index is seeking the ATH.
In the daily chart, we retested the 21 ema, as we already expected we would, and we have a nice Hammer pattern. The 4,238 is the next target, but we must not lose the dual-support area in the 1h chart, as this could indicate a further drop ahead.
Let’s be careful here! Remember to follow me to keep in touch with my daily updates, and please, support this idea if it helped you!
Thank you very much!