works2020

works2020

Stage 2 retracement level is a good opportunity to purchase DT, of course have to wait and see how this plays out. Looking for support at or around retracement level and sideways movement towards right side of the cup to build a strong base prior to moving up.

works2020 Updated 

I would like to see PLTR take a break and consolidate sideways for a bit, a healthy pullback below 40 would be a great opportunity to purchase on the dip. I marked the next area I'm accumulating in the meantime I'll continue to watch price and volume action. I'm concerned with the April 4th large distribution day, keeping an eye on it.

works2020

I've been buying in the buy zone and watching the cup pattern develop. Everything continued to hold as the bottom developed, volume looks good, and both continue to do so as the right side of the cup pattern comes into play. Watching how the $14.86 range plays out, I'm looking for a base to form while sideways movements.

works2020 Updated 

A nice cup pattern is forming with the correct volume to back it up. In the beginning stages of a pattern like this, I follow up daily with tight Stop Limits, better risk management, especially since the base has not begun on the right side. Very early analysis but IMO worth trading. A healthy retracement into the purchase area on light volume will consider...

works2020 Updated 

BTC beginning a large cup pattern and so far playing out. My analysis it's not going to hurt to create a strong base over the next 2.5 years. The idea that there is no way to go but up is not healthy. Not as a mindset or for BTC. Anyone that invests knows what bubbles look like and how dangerous they can be. Strong bases MUST form to create strong upward movement....

works2020 Updated 

SHIB is forming a nice left-hand portion of a cup formation. Volume is drying up, great support today while cryptos were lower. 150%+ profits if cup formation continues with a strong possibility of a pop when / if a breakout follows if right side of cup forms.

works2020 Updated 

Nice IPO run-up over 200%, institutions are definitely interested in PLTR. The 93-day hold rule shows selling, which is normal for the original investors to take profits. Remember many are in at much lower price points. This also shows a nice base after they sold that has continued to remain strong to this day. Just so happens the 200DMA is also at the same...

works2020 Updated 

www.tradingview.com I've been trading BTCUSD since the top and have found the two major MACD divergence patterns to be useful when determining a reversal. I don't mind missing out on 3-6%, maybe even 10% gains when there's an overall increase of 133%. It's impossible to be right all the time at the exact highs and lows. Once I know there's confirmation behind the...

works2020 Updated 

Head and shoulders pattern continues to play out. I think it's worth it to look at the overall picture. Stage 1 – after running up 8,966% from the first breakout point BTC takes a much needed break and begins forming a base. It’s healthy for a bases to develop after making substantial gains. Stage 2 – nearly perfect cup pattern developed over a 3.3 year...

works2020 Updated 

I don't see the same amount of momentum to carry BTC much higher without more volume. Support slowly moving up from 31-32k range but on low volume. If support doesn't hold up my analysis shows S1 and S2 support areas coming into play. As BTC slowly trends towards the 50EMA the volume needs to increase to provide a substantial push through and above. Without it...

works2020 Updated 

Thoughts on BTC, personally thought it was going to be lower over the last week or so but it's holding around the 57k range. I believe it's coiling up to make a move but uncertain of the direction. There was a cup formation that failed March 13 then the handle formed and failed afterwards. Safe to say the handle never formed. Hard to tell if this is a sign BTC...

works2020 Updated 

- BTC head and shoulders pattern (green line) is finishing up. Worth reminding this is a reversal pattern. - support and resistance area widened, resistance 42k, support 34.6k - 15 day flag pennant developed May 19 - Jan 2, appears to be failing, failed attempt on Jan 3, 2021, not enough volume, Jan 5-6 support area getting tested as I write this. - My...

works2020 Updated 

Early stages of a cup base forming. Took a position today knowing it's an early price point. I like the tight formation and if the financials continue next year should be the first year EMHTF returns to profit.

works2020 Updated 

- increasing volume needed to sustain a breakout "if" cup formation continues, as of writing this volume looks promising - Volume, RSI and Accumulation strong, no divergence - concerned BTC may pull back from 60k from strong resistance, it's struggling as I write this. If BTC moves lower will likely create pressure on ETHBTC Expecting to trade this coming week...

works2020 Updated 

First breakout SUCCESSFUL 1. resistance 2. when strong breakout advances through resistance it becomes the base 3. classic cup base more selling (distribution) on the left side of the cup. Right side more accumulation (buying) up until breakout. 4. breakout on high volume price pops through prior high determined at the beginning of the cup formation. Second...

works2020 Updated 

There are events happening very similar to the 2008 crash. Simply put, remove homes and insert cryptos and there are many similar factors lining up. Please read with an open mind. If you’re on the right side of the trade, any by this I mean making money, this even means not losing money, then this is an opportunity to maximize profits. If you’re not I respect...

works2020 Updated 

BTC appears to be making a head and shoulders pattern while creating trends. 1. accumulation trend, positive, if continues BTC has a better chance of moving upward. 2. downward trend, if price continues not bad for BTC, continue to watch. 3. head and shoulder pattern developing (green line), head and shoulder often means a top and heavy selling or continues...

works2020 Updated 

CIDM trading pattern moving into the final stages. In my opinion could go either way, however this is how trading goes. Can only watch the trend as it continues to develop. Looking for volume to dry up as it tests support around1.10 . A strong bounce off support moving the price upward with above average volume indicates to me a trend reversal. My analysis shows...