Tdsequential
Bitcoin 4h TD Sequential 9 BUY!!Hey there,
Please support this idea with your likes and follow me!
TI Indicator Sequential is giving us a 4h 9 BUY!!
This could lead to another ralley into descending triangle resistance.
I am playing 30k support for a short term bounce
Afterwards 28k to 24k likely!
Cheers,
Konrad
Mountain Climber LINK/BTC #link $LINK #cryptoHere we see our Link Bitcoin pair from Binance but on the 2 week chart . I don't often often look at that timeframe but seems to fit this one ! As you can see Link has been on a steady climb up since late 2017 , over 3 years . And there actually aren't very many pullbacks here ! But we appear to be in a pullback now with those 8 red candles . My guess would be we at least see another 9th red candle on this TD Sequential 9 sequence in a week or so . Then perhaps there is more upside here . Also we should be heading back up over 160,000 sats and beyond . How long before LINK sees new All Time Highs in sats just like it saw recently in usd ? Probably not long . LINK is looking to have a great future . See my chart linked below .Is this our last pullback before the rise ? Again , LINK doesn't have that many pullbacks on the Btc pair chart . And this is a higher timeframe . It would appear that LINK will continue mountain climbing for awhile !
Quick Warning. Tomorrow's (11 Jan) Market Will Open in Red.I believe that on this week, the US stock market will open below its close of last Friday. I will list the signals that lead me to this prediction:
As you can see, I'm analyzing the DXY chart. DXY has an inverse relation with the US stock market. Whenever, DXY rises, TVC:SPX drops.
In the chart, we see a TD buy setup defined by the red 9 candle, a sign of bullish reversal.
The reversal is confirmed by the TD count flipping to green, marked by the green 1 candle, and then followed by a green 2 candle that has gone above the close of the green 1 candle. This marks the start of a bullish momentum.
On the weekly (chart below), we also see a TD buy setup just three candles before this week's candle.
Looking at the crude oil chart ( NYMEX:CL1! ) (chart below), we notice a green 9 which marks a TD sell setup on both daily and weekly timescales. This suggests that oil is going to start a correction that lasts one to four weeks. This means the dollar index (DXY) rises and the US stock market (SPX) falls.
On top of that, the Euro vs USD is showing signs of bearish momentum. That's of course another inverse relation. FX:EURUSD falls, DXY rises. See Related Ideas below for my analysis on FX:EURUSD .
DXY Weekly: TD Buy Setup followed by a bullish pin bar.
NYMEX:CL1! Daily: TD Sell Setup.
NYMEX:CL1! Weekly: TD Sell Setup.
Expectation on how this continues:
I do not expect a bullish momentum in DXY that takes longer than two weeks, nor one that crosses the descending resistance line starting from March 2020. The path I drew on the chart just says exactly what I'm anticipating, a sharp rise followed by a sharp drop, either right after, or a week after. Such a short-lived reversal, aka a dead cat bounce, is typical when a TD setup completes prematurely. In this case, the red 8 candle is a doji and the red 9 candle is a solid green candle, meaning that the reversal came a little bit too early. That's why we call it a premature reversal .
Actions
What does all that mean in terms of actions to take. Well:
I would advise to reduce your leverage. Expect a correction in the entire stock market.
Take this as an opportunity to invest long-term in stocks with high potential but low market cap. These stocks usually drop significantly at the slightest scares. The stock I recommend is LMND. See my related idea below.
Do not scare when heavy stocks like AAPL or AMZN go down 5% in a day. A 1% rise in DXY can cause that. This is not a sell-off, it's simply stocks adjusting their prices because the dollar is slightly more valuable. See my AAPL and AMZN ideas linked below.
TSLA is a special case. I don't know whether to classify it as heavy market cap or a light-weight stock that will drop 10% with a slight scare. I guess it depends on the scare. But let's stay safe, watch and learn.
Thank you.
Bitcoin going to 60kBitcoin had a huge drop and have taken all naked (virgin) POCs, bouncing each time on them, the last one was a perfect bounce on the last naked POC.
this align with the retest of this big channel
and is a 0.618 bounce from the low to the high
the bounce is on R1 monthly pivot too
bitcoin has made a higher high on hourly
and there is a td9 buy signal on hourly too
target of the channel is 60k
1000% possible ? QLC/BTC #qlc $QLC #crypto #bitcoin Here we see our QLC weekly chart , and like most other alts right now there is a massive weekly Ichimoku cloud above us. This can always dip a bit more but we have also hit a TD Sequential 9 in red on a higher timeframe and see our rsi bottoming out and surely this will see a big rise soon.We sit at 72 now ( where the black X is ) but the top of that Ichimoku cloud is around 763 sats where you see the green X . That's over 10 times from where we are now or 1000% rise ! If that happens that's amazing. Many alts are poised for massive upside. Also we see that colorful fib circle indicator on the chart and if we follow that blue circle line up we could enter this weekly Ichimoku cloud by mid-summer. Could be even more massive if it breaks through the cloud .
X marks the spot ?
2020 Dominance Channel BTC.D #btcdominance #bitcoin $BTC #cryptoHere we see our Btc Dominance chart . As you can see we have been in the same regression channel for all of 2020 . That pink and blue box on the chart is a regression channel indicator. We are also about to hit a TD Sequential 9 in green ( that's those numbers you see on top of the candles . ) When we hit a number 9 in green on November 20th we then saw steep downward dumping happen and I expect the same will happen again . If this channel seems like it will be continuing into 2021 then we could see an altseason on the way when Bitcoin Dominance starts to go down .Also notice that rsi is about to wick up to that red line - again there should be a turnaround there soon too.
Massive Clouds WAN/BTC #wanbtc #wanchain $WAN #cryptoHere we see our weekly Wan Btc chart from Binance . You can't miss this massive Ichimoku cloud that is above us ! It's huge . Many charts are poised for this type of upside . Possible 5x ? First target would seem to be the bottom of the cloud near 3100 sats , we are at 1810 now . When we reach the bottom of this massive cloud there is very possible we get rejected and have to consolidate there before continuing up . Once we enter this cloud the target should be at least 11000 sats or close to it , but of course it can always be more , especially if we go through the cloud and break up. Also we have hit a TD Sequential 9 in red on several timeframes including weekly and with rsi that was touching fairly low levels we should be looking for upside here . Although some would enter here , Bitcoin still has a bit of indecision happening , perhaps in a couple weeks at Christmas would be a good time to look for entry here ?
weekly 9 and daily 9 on a very strong industrySemiconductors have been killing it and they deserve it. The crisis has accelerated online, cloud and AI businesses which require a ton of processing power. I am quite confident semis will have a very big year ahead. Although this is a good point to take some little profits. I hold $AMD and $TSM personally and I AIN"T SELLING!
LTC to $100?Ugly cup and handle formed on the 1hour chart which handle has turned into a symmetrical triangle which may have currently broken out? Need a good close above triangle and LTC may see $100. On a #2 of the sell set up according to TD sequential. Looking for a MRI top. possile will see upside for a good part of the day.All depends what daddy coin decides to do.