Beyondtechnicalanalysis
CCL - Carnival CorporationNYSE:CCL
Idea is simple:
Long position when triggered $22.48 (two times hit + trend changing extremum). You might also wait for closing 4h higher than $22.48 but that stock tends to fly XD
Stop - $22.16 (-1.42% risk)
Profit - first take $24.5 (9% upside)
Profit/Risk - 9/1,4 = 6.4
Feel free to comment / add a feedback
DAL - Delta AirLinesNYSE:DAL
Idea is simple:
Long position when triggered $39.5 (trend changing extremum). You might also wait for closing 4h higher than $39.5 but that stock tends to fly XD
Stop - $38.8 (-1.8% risk)
Profit - first take $41.8 (5.9% upside) - 50% of the position close
second take $44 (11.2% upside) - 50% of the position close
Profit/Risk - 5.9/1,8 = 3.3 for 1st take and 11.2/1.8 = 6.2 for 2nd take
Feel free to comment / add a feedback
#DOGE Monthly - November LookbackI outlined the Dogecoin November monthly price since 2014 to 2020. The 2017 Bull market may show some indication of the 2021 monthly price of Doge. Let's see!
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#KAVAUSDT #KAVA#kAVAUSDT
#KAVA
@khancryptoschool
@BullsERA
Right Now #KAVAUSDT In ⁵th Wave And Exactly This Wave Will Cross Previous High But There Have Strong Daily Resistance There posible
#KAVAUSDT Take Time And
⁵th Wave Is Big Morthen ³rd Wave
I Recommend 10.50 $ Price And Posible Markeet Hit 11.00 $ Price R Above
Keep in mind.
🟢 Multiple Rejection Structure
🟣 Monthly Frame Structure.
🔴 Weekly Frame Structure.
🔵 Daily Frame Structure.
🟡 4.H Frame Structure.
⚪️ 1.H Frame Structure.
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Trends in Technical Analysis 📈📈✨What are the trends in technical analysis and what is its application in digital currencies such as Bitcoin and other cryptocurrencies? In the second part of the tutorial, we will look at the trends.
The concept of trends is definitely one of the principles of technical analysis. All the tools that we will teach in the following are created from patterns, oscillators, support and resistance levels, indicators, and with the aim of helping to measure the price trend. Even if you have been in the market for a short time, you must have heard the words, "Trend is your friend", "Always trade in the direction of the trend", "Never fight the trend". These are common phrases that you often hear in the market. So we need to take the time to define the process and know its types.
Bitcoin price chart consists of uptrends, downtrends and neutrals
John Murphy describes the trend in her valuable book, Technical Analysis of Financial Markets:
The market never moves in a straight line. Market changes are characterized by a series of zigzag movements. We call these market zigzag movements. The result of the motion of these waves is TREND.
✨Classification of trends in technical analysis
▪️ Uptrend
The uptrend is defined as a series of ascending waves. Charles Dow defines an uptrend as follows: "When a price is higher on an uptrend than the previous uptrend, or when the price is on a downtrend above the previous uptrend, we have an uptrend." In other words, the uptrend is a pattern of upward fluctuations.
An uptrend indicates a greater power of demand or purchase over supply or sales, referred to as the "BULLISH market".
The uptrend in technical analysis is the result of several uptrends
▪️downward trend
The downtrend is formed as a series of downward waves. Charles Dow described the downtrend as exactly the opposite of what was said about the uptrend. This means that whenever the price is lower in a bearish wave than the previous bearish wave or the price is lower in a bullish wave than in the previous bullish wave, we have a bearish trend.
A downtrend indicates a greater supply or demand power over demand or a buy, a "bearish market".
The downtrend in technical analysis is the result of several downtrends
▪️ Range trend
The Range trend consists of a wave or waves of ascending and descending that have a direct direction. In other words, if the price can not go above the peak of the uptrend or the price can not go below the bottom of the downtrend, we have a Range trend.
A Range trend indicates a relative balance between buyer and seller power or market supply and demand. "Range market" refers to this trend.
The Range trend in technical analysis is the result of several neutral waves
✨So far, we have defined the concept of trends in financial markets. We may be trending in the market but we need another tool to confirm our diagnosis, trading volume is the tool we need. According to Dow, trading volume is a secondary but important factor in confirming warnings derived from price analysis.
In general, keep in mind that trading volume should be in line with the direction of the main trend.
In the uptrend; Each ascending wave is accompanied by an increase in volume and each descending wave is accompanied by a decrease in volume.
Trading volume should confirm an uptrend
In a downward trend; Each descending wave is accompanied by an increase in volume and each ascending wave is accompanied by a decrease in volume.
If you have any questions, comment for me🔥🔥
Nostradamus 101: BTC / USD 4 months aheadMy last analysis failed miserably, so divide this by half, but based on all nonsense here goes another 4 month prediction.
This is my final analysis this year, will see you fellas in 2022, let's see where this madness takes us. Good luck have fun.
Yes, nobody knows what will happen tomorrow, but based on fundamentals, technicals and intuition here is the play:
Part 1 - what is going on and why are we so optimistic
1. The latest rally has been associated with the Visa news;
2. We are still waiting for Amazon's rollout of BTC payments;
3. We are anticipating Tesla to follow suit;
4. We expect institutions to further adopt cryptos.
Part 2 - what we are definitely missing and cannot predict
1. Billionaires and institutions never gave a damn about us and our wellbeing;
2. It is in their best interest to confuse the general public and shake the markets;
3. Government finally understood crypto and ain't happy with us holding it;
4. Their volumes will inevitably crash the market so to create uncertainty;
5. Elon defrauded his own followers who still follow him - we are just naive.
Part 3 - what of all this nonsense
1. Nothing is ever what it seems;
2. Don't get fooled by the apathetic;
3. Don't enter too early or jump out too fast;
4. Divide everything by half;
5. Imagine you are a wealthy sociopath.
Part 4 - how to interpret the next 4 months
In summary, it feels like Amazon will announce that they will simply delay the rollout of BTC in their ecosystem, and this will launch the market into a selling frenzy;
consequence: we should see a lot of money flow back into stocks and bonds, potentially low-cost altcoins (somewhat balancing the money flow). Now this works for
several reasons: first and foremost, we are in a financial bubble, secondly the US economy is about to default (well not, they will raise the debt ceiling, but how long can
this go on for?) and lastly, institutions who bought the dip in June-July will liquidate their positions to exit at a profit.
This means we enter another 3-12 month bear market, depending on the Amazon and Tesla news, and obviously investment funds and such. Now what probably will happen,
is a double reverse play. First the negative news, then the short term selling, followed by intense accumulation, which suggests that by next Spring we should enter ALT
territory, followed by yet another natural or synthetic correction, right before 2023. What of 2023?
Part 5 - 2023 Shit Hits the Fan
There is a lot of news and articles you can read, but most importantly read between the lines. Very long story short: for the last decade BRICS has actively de-dollarized their
trade, which means less $ volume, which means less value of the $ because of its massive circulating supply, which is only increasing because they are forced to print money
in order not to default on their own debt. So inevitably kids, if there is no WW3, then eventually, you gotta pay your debts, and this is a scary prospect.
It means that not only America enters the Great recession of the 2020s but also the entire world - you don't believe me? Leehman Brothers circa 2008, one investment bank
failed and the whole world lost its nuts. Don't lose yours. Read up and prep yourself.
Conclusion
Nothing is ever what it seems. The best you can do is understand the direction of the market, and then imagine fakeout scenarios which would help the rich capitalize on the
stupidity of the unfortunate and uneducated... it's a sad sad world, but it is one we live in. Thank God for the internet at least (whilst it's free).
Last comment: DO YOUR OWN RESEARCH, THIS IS NOT FINANCIAL ADVICE, GET YOUR HEAD OUT OF YOUR ASS (OH! YOU HAVE), THEN STOP BEING NAIVE AND IMAGINE THE WORST
IN PEOPLE, SADLY THIS IS EXACTLY WHAT YOU OUGHT TO DO TO ANTICIPATE SHIT STORMS. ON ANOTHER NOTE, DON'T TRADE LEVERAGE AND JUST HOLD LONG TERM, UNLESS
QUANTUM COMPUTING COMES OUT ANYTIME SOON, IN WHICH CASE WE ARE ALL SCREWED. ENJOY, HAVE FUN. DON'T TELL ME I DIDN'T TELL YOU SO.
Hope this helps people. Hope we get the timing right this time. Hope. Safe trading.
RE-ENTRY FOR SHIBA!COINBASE:SHIBUSD
This is still seeing 80+ percent buys. I see my re-entry point. It just has not been smart betting against Shiba Inu. I believe that it has bounced off its critical retracement 0.00002000 after this fall, everyone has either made their money or watched it evaporate. This is my re-entry point. I expect to see it break the 0.00003000 mark in a bull run again. It's not going to make sense but will not drop for long. Start buying back and then keep all coins inside your wallet at all times and ENJOY THE RIDE #SHIBA
HIBA