Based on the action the last 2 days, I'm actually feeling bullish on cryptos, lol. Cryptos have been tracking the market lately, especially on selloffs, so the dissociation with the market drop is bullish. People will notice, several followers have already commented on it. As more people notice, they'll flock to crypto as the "safe haven" that crypto nerds always wanted them to be. Plus Trump is a crypto nerd too. Personally, I think cryptos are just a bunch of worthless numbers, but then again I'll trade Pet Rocks and Beanie Babies if I thought I could make money on them. (Yeah, I'm old, lol) People don't seem to understand that you don't own any part of the technology, just a set of numbers generated by an algorithm. Regardless, still bullish short term. Also, 3hr indicators sort of work on BTC, you can see 3hr MFI went oversold and BTC bounced.
70108 incoming ..I think 70108 buy position Tp 120000.. Good luck and safe trade
Whilst Trump is playing his full on MAPA (Make America Poor Again) game, there is one candidate who will benefit from the new world order. US won't be a reliable partner for anyone as long as Trump is talking and pulling the strings, whilst China is in a very good place to simply re-route exports to other nations and avoid the US craziness. I reckon that this chart will break to the upside, although to trade it we should wait for the breakout confirmation. Once that happens, we can go long in there and let the US cripple on their own with nice tariff phantasies.
The markets are spooked by the recent Trump Administration Tariff's. Such political mayhem harks back to the Smoot Hawley Tariffs of 1930 , when Protectionism plummeted the world into chaos. Fear and Panic has gripped investors. The last week has seen a rapid decline of this index, with the market falling over 5% in the recent trading session. To date the market is down 17.5 percent from the high of 6147. It is likely we will pass into Bear Market territory in the coming week. From a technical perspective , last week was the largest bear candle in the last 5 years and the RSI has moved into the oversold zone. If we look to the last Bear Market of 2022, the 200 Week MAV acted as support. This may be an area again, where the market forms a low. This would coincide with a 70.5 percentile Fibonacci retracement. So 4550 is the updated target for the current move down.
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Wisetech Global Ltd Stock Quote - Double Formation * (EMA Settings)) | Completed Survey * ABC Wave Feature | Subdivision 1 - Triple Formation * (Target Entry Or Gap Fill)) | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Indexed To 100 - Position On A 1.5RR * Stop Loss At 86.00 AUD * Entry At 74.00 AUD * Take Profit At 60.00 AUD * (Downtrend Argument)) & No Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
Onyxcoin is about to decide whether it is going to dump or pump shortly...It is filling a cup and handle like formation but has hit a decisive point in its technical journey. We will see. ** NOT FINANCIAL ADVICE **
EURUSD limit long entry: EP: 1.047 TP: 1.114 SL: 1.016 We’d be expecting the exact move on EURUSD.
My overall thesis is we are in the very early stages of a multi-year decline ultimately with the S&P 500 below 3500. I am estimating this symbol to be in wave position SuperCycle 2, Cycle A, Primary 1, Intermediate 3 (pink), Minor 3 (yellow), Minute 3 or 4 (green). I originally had this symbol nearly complete with Primary wave 1, but the continued declines received significant wave 3 of 3 signals (pink lines in bottom chart band). It is still unclear if we are in my theoretical larger decline or if we are in a simple corrective wave. It will take at least another two months to likely achieve the answer. Theory 1 is my hypothesis where we are about to finish Minor wave 3 in Intermediate wave 3 in Primary wave 1 in a multi-year market correction. This would see SPY bottom around 486 within two weeks and briefly head up toward 535 before continuing significant downward movement. Currently Intermediate wave 1 lasted 111 trading hours. Intermediate wave 3 is somewhat on pace to finish in the same amount of time around 17 April. Extensions based on Minor wave 1's movement could put Minor wave 3's bottom around 499. Theory 2 is that Intermediate waves 1, 2 and 3 (pink) are actually waves A, B, and C (white) in a short-term corrective wave. This would mean this symbol returns to all-time highs around the fall of 2025. Theory 3 places the stock in the third wave about to finish a wave A down over the next two months. Wave B up would last a few months before wave C takes the market to a bottom sometime around the end of 2025. All three theories will observe the same movement over the next few weeks with a low soon and then a bounce up. Theory 2 becomes the likely winner if SPY breaks above 576.33 within the next 3 months. Theories 1 and 3 will trade the same for quite some time. I will reevaluate this ETF once Minor wave 3 finishes. It should aid in providing a better bottom for Intermediate wave 3 in the next two weeks.
Down move incoming..My Tp 70108.. Good luck and safe trade
Sentiment as negative as it could be, no real inflows for weeks - bottom sentiment? Check. Sudden massive inflows? Check! This is not a trade idea. If you trade this, be careful - who knows right now.