Spx to 3800I believing we have a good set up for a drop to 3820.
We having opening wedge.
We have heads and shoulders which has price now break below
We have strong bear divergence on several indicators.
Rsi also form heads and shoulders on 4h and down below neck line
We have stimulating factor of bad job report for first time in some time.
3820 is strong support and pivots
Let’s see. It is hard to predict being on top or being bottom but I tend to be better at bottom
Bottom
XLM/USDT can reach 4$ in long termHi every one
STELLAR / TETHERUS
XLM/USDT has formed a rounded bottom which means this instrument's projected price movement is upward and as high as the measured price movement !
note that this analysis is for long term
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck.
ETC/ETH close to popETC has been sleeping for the past 3 years, I had high hopes for it, and it made me sad many times. But now (*emotional*) looks like it's getting ready to skyrocket through the galaxy. It looks like we are just bouncing from the bottom. There is a bit of resistance between 0.00605 ~ 0.0066 Eth. But after that it's smooth sailing.
GameStop - classic bottom with overhype after. 𝙃𝙤𝙬 𝙃𝙚𝙙𝙜𝙚 𝙛𝙪𝙣𝙙 𝙘𝙝𝙚𝙖𝙩𝙚𝙙 𝙥𝙥𝙡 𝙬𝙝𝙞𝙡𝙚 𝙥𝙥𝙡 𝙩𝙝𝙞𝙣𝙠 𝙩𝙝𝙖𝙩 𝙩𝙝𝙚𝙮 𝙘𝙝𝙚𝙖𝙩 𝙝𝙚𝙙𝙜𝙚 𝙛𝙪𝙣𝙙..🤫
𝙒𝙝𝙖𝙩 𝙙𝙞𝙙 𝙬𝙚 𝙠𝙣𝙤𝙬 𝙖𝙗𝙤𝙪𝙩 GME 𝙥𝙪𝙢𝙥? 🤓
-GME YOLO update following the start of the Big Short Squeeze.... hedge fund... high short interest rate ...
It was on 15 Apr 2020. (I place a horizontal line on 01 Apr 2020).
𝙒𝙝𝙖𝙩 𝙙𝙤 𝙬𝙚 𝙨𝙚𝙚 𝙤𝙣 𝙩𝙝𝙚 𝙘𝙝𝙖𝙧𝙩?😎
We see 🚩𝙄𝙉𝙎𝘼𝙉𝙀 𝙃𝙐𝙂𝙀 volume in 3$ - 6$ range. From Jun 2019 to Apr 2020. I see here accumulation or "bottom" after price drop 45$>4$.
I don't see 𝙎𝙃𝙊𝙍𝙏 𝘼𝘾𝘾𝙐𝙈𝙐𝙇𝘼𝙏𝙄𝙊𝙉 on the chart as Reddit guys sad. Nobody SHORT stocks after 90% price drop - it's madness.
📃I see it like this:
1) Smart Money open short on 40$-45$.
2) Smart Money close short on 4$-16$.
3) Smart Money accumulates a Huge LONG position from Jun2019 to Apr2020 - almost 9 months. (buy on bottom).
4) On 15 Apr we have a post on Reddit and the price starts to rise.
5) Pump. Smart Money sell the position to ppl who HODL :)
6) DONE.
Demand Zone + Bullish PinbarFirst touch of demand zone, there has been a good buyer entry. If the price came back to zone, I'm looking at Buy entry at Bottom candle Low price, as the candle is Bullish Pinbar candle. And exit target is based on Fibo Musang (reverse Fibo Retracement), exit at TP2 = level 261.
Vaccine raceThe big stories in the new year, though, could come from vaccines that haven't made it to market yet. It's possible that the stocks of the companies developing these experimental vaccines will deliver tremendous gains over the next 12 months. Here are four coronavirus stocks that are especially poised to soar in 2021.
Of course, they are could be very volatile and uncertain because of the licencing. They are in phase 2 or 3.
Innovio(INO) a small-cap company. It maybe has found its bottom and their vaccine has an advantage in that the drug does not need to be frozen, also announced it entered into a collaborative agreement with Chinese company Advaccine Biopharmaceuticals Suzhou. Their vaccine(INO-4800) could be brought to market within Greater China. Inovio's stock could become a great buy if INO-4800 is successful and the Food and Drug Administration (FDA) approves the vaccine. But the problem is that's not a guarantee.
Altimmun(ALT) a small-cap company. Altimmun could regain the high of summer and something getting started. Their vaccine only requires a single dose. It can be stored at room temperature for extended periods.
Vaxart(VXRT) is a small-cap company. Found its bottom in a sideways consolidation and now something makes investor interested by the last day momentum. Their vaccine could be really cool because It's a single-dose tablet instead of an injection. That makes Vaxart's vaccine more convenient to take and to distribute and store.
Novavax(Nvax) is a mid-cap company. Novavax has a COVID-19/flu combo vaccine. It makes me interested in and I like the sideways consolidation last month or more. Now I waiting for an upward break and it could reach a high of 200 or more.
These forecasts were created to support you, but you have to make your trading decisions independently! Which one could be the winner or loser? Who knows? As nobody sees the future, I recommend you that always apply risk management during your trading and highly recommend the diversification!
$PRO TSXV Pershimex Resources CorpPerfect rounded bottom and cup in the making.
100% + gains to be made
Using WEEKLY EMA 20 to find the BOTTOMHistorically the weekly EMA 20 has proven itself to be a good place to buy bitcoin in bullruns. Will the WEEKLY EMA 20 serve us again in revealing the bottom?
Find out in the next episode of Bitcoin to the moon.
(Note: W EMA 20 will be around a price point of 20-25k)
USDJPY With Several Evidences For A Potential Bottom FormationHello traders!
Today we will talk about weekly USDJPY chart and we will show you many evidences for a potential bottom formation.
Well, for the begining let's talk about wave structures from Elliott Wave perspective. USDJPY is in a downtrend since March, but the wave structure is slow, choppy and overlapped which we see it as a complex corrective W-X-Y decline and we know that once corrections fully unfolds, we can expect a reversal.
The next very important evidence is an ending diagonal (wedge) pattern placed in third leg Y. The ending diagonal is a special type of wave that occurs in wave 5 of an impulse, or wave C/Y of a correction. This wave often occurs when the preceding move of the trend has gone too far, too fast and has run out of steam. An ending diagonal pattern is a type of pattern that can occur at the completion of a strong move. It reflects a “calming” of the market sentiment such that price still moves generally in the direction of the larger move, but not strongly enough to produce an impulsive wave. Ending diagonals consist of five waves, labeled 1-2-3-4-5, where each wave subdivides into three legs. Waves 1 and 4 overlap in price, while wave 3 can not be the shortest amongst waves 1, 3 and 5.
The reason why they are so interesting is because they are indicating a reversal, usually a strong one.
The next interesting evidence is that we are already seeing bounce and recovery with quite big weekly candlestick, completely covered the previous one, called bullish engulfing candlestick formation which also suggests a bullish reversal from the lows.
If we also consider current break above strong weekly trendline, then with so many evidences, we can easily confirm a potential bottom and bullish reversal.
Trade well!
If you like what we do, then please like and share the idea!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Have we seen the bottom?There was a substantial upward trend between 1942 and 1981 in the 10 years Us treasury notes. After that, a declining has been ongoing for 39 years. This cycle is getting to its end, and I can imagine that we had already seen the bottom of it in 2020, I think this despite the fact that the falling trend has not yet broken.
Ok I know, now I am visioning a change of regime or a change of paradigm, but today's circumstance could create such a change.
So I don't know if there will be moderate inflation or hyperinflation or something like that, but the 10year Us treasury notes should break out of this falling channel and after that, even the rising could accelerate.
What should traders do if they would like to protect themself from inflation? For me short the bond market!
Now I start to see the market very closely and searching for a good us bond market short ETF and getting involved in this market step by step.
I don't know whether I am right, maybe just 2 or 3 years will come to this change(especially because the FED announced that they won't change this rate policy until 2023). But be aware that because if the time will come and you are not prepared then your money will be burned.
I have just thought that I will share my vision of the next extremely adventurous years, and I am very curious about your vision and your solution
Thank you for your attention!
AUDCAD BULLISH IDEA 4hr chartHello friends,
The price zone around 0.9771 in AUDCAD is acting as a strong support which is evident by the triple bottom seen on the price chart.
Hopefully it will resume its bullish trend after this correction at 4 hour chart.
Buy : 0.9793
SL : 0.9771
TP : 0.9991
R : R = 1: 10