TODAY UP SMELL, US BEARING, OIL ROARINGI’ve been watching the market shifting from yesterday to today’s movements, all pair are gaining against the US dollar. One of the is USDCAD, that pair made me smell the Oil rally. IMHO this is only the start of a morning where the press talks about it. Oil will rise and US will. Be red today. If you are there and believe my theory for today give me a thumbs up and a like!
Rally
$TGT incoming bounce on its way, another short covering rallyA big bounce is imminent on $TGT here in the next few days to weeks, the stock has declined significantly in a brief amount of time and is now showing inside candles representing balance, a push over 221 will take us screaming higher. Short covers bring the excess liquidity, strong numbers represented by Target this holiday season is a contributing factor why we will bounce here. Be patient, another big trade is coming. Jan 220/225 calls can work on confirmation candle.
BTC Don't Get Too Excited - Not The Bottom YetLooking at the fear and greed index for BTC, you can see that even though BTC didn't really have a rally yet, just broke a downtrend it has return to almost neutral. That is a MASSIVE increase from yesterday when it was just 26, now is 45 and BTC has only rose 5%. This is a clear indication that market behaves very irrational. People get excited on the small rise very quickly and vice versa. Because of this there are going to be a lot of fake outs, weather those are to the upside or downside, but mainly upside as BTC is clearly in a bear market. Don't get too excited on the pump that may happen in the next week, and just know that this is to be expected when prices loose that much value in such short time without providing any relief rally.
Still i expect BTC to reach 55k area (significant resistence before another leg down most likely starting with a 4 smaller waves and then 7 larger as we go steeper to the bottom. This is just a guess based on how those last legs end playing out.
I am not a financial advisor so non of this should be taken as a financial advise. Be Well.
BINANCE:BTCUSDT
XRP What To Expect In The "Near" FutureXRP, like other 80% of the alts did not have its bull run yet. Even though BTC may very well be in the bear market, that does NOT mean that alts are. What we now have to wait is for BTC to provide some type of a short small rally just to re-test its prior area of capitulation (55-58k). If this happens i expect alts to go with it, but.... there is still more down to go with BTC after that re-test. As BTC starts to capitulate again, expect the XRP and other alts to do the same in the short term. XRP may even set a new low but i don't expect it to fall below $0.50 as it is simply to strong of a support.
Then as BTC starts to slowly recover expect the BIG rotation of the money into smaller caps and laggers like XRP.
I've lived through 2017 XRP rally and i remember that XRP can trade sideways for REALY LONG time, but when it finally goes it goes really FAST, really HIGH. After BTC capitulates xrp price should recover VERY quickly, setting a new higher local high (yellow arrow) then next stop is 2018 ATH. From there we sould see first major profit take and the price to re-test $1.5-2 area that held us down for ages (yellow box). Last leg up should get us to $8-12 and this is where a will personally exit the market, regardless of the news (green box).
$9-12 for xrp is where a full 4.236 fib. ext. level is sitting at. Level 0 is low and level 0.236 is the top of the rally prior to capitulation from Sep. 2018.
Price will of course move differently. What i've tried to present with it is where to expect major resistence and support to come in or get retested.
I am not a financial advisor so non of this should be taken as a financial advise.
BINANCE:XRPUSDT
DOTUSDT Is On SaleThere are many ALTs out there that have been far oversold! Though some of them have moved already (I did not get an AVAX chart in time) there are others that haven't moved yet, but I expect them to do so. DOT is a great asset and at the prices it is sitting at now, its a DCA no brainer. So if you missed out on SOL, AVAX, CRV etc, this is a great choice to round out your portfolio during this alt sale. Some alts move with BTC as it bounces from a comeback and others move after. The RSI has hit oversold levels and its time to add to the bag. Thanks again everyone!
This is not financial advice. Do your own due diligence.
Gold is getting strongerXAUUSD is getting stronger and I think there will be a rally in the coming months but that's just a prediction.
now what's going on right now, Gold got a huge pump after the liquidity grab of the longs and after that, it grabbed the shorts but it can not go on up forever so I'm expecting a pullback into a demand zone
I'm not a financial adviser so trade on your own and don't ask for signals I'm here to give a tip not to give you signals
Silver Still Bullish into end of year Hey guys, this is follow up to my US100 call today linked below, I see silver falling to the support line making a big double bottom supported by strength coming back into the RSI causing a strong bull run into the new year come after. December has always been a great time to be invested in precious metals often coinciding with strong rallies, I think most people understand that the fed is behind on tapering and will speed up but I doubt they will sped up enough on there policies so maybe this could be a reason for a flock to precious metals as a flight to safety for next year. First target is 10.7% away from the support line where we have had previous support and resistance and by the time we get there the 150 EMA will Also be there acting as resistance. But I stress wait for Gold to confirm this trend and watch the gold/silver ratio seems to be topping so silver will outperform gold here.
follow for the follow up charts coming throughout the week on where i will cover another play i have on AUD/JPY, AUD/USD, stock buys and further breakdown on possible big short early next year.
btc dominance . have a look we have previous pattern for dtc.d but it is not valid . new pattern is formed which shown btc is not going to give altcoins a run.
so what next ? iam going to long btc.d with leverage upto 20x . what !!!. yes iam going to use leverage and longing btc.d . target 10% from now
you can always find other use ful trades here.
BTC Covid RallyLet's take a deep breath. This is not the move we expect. Youtubers are chaffing your brains just to catch you in fomo.... it's time to sell out due to the bigger players releasing bags onto the streets. It is only a matter of time when we will see consolidation of this movement. We are in a position to create one more breakout upwards to form a head with shoulders. But it will still be a bad signal for the coveted rally to 110k.... Big greed equals big falsehood. Be careful and draw your own conclusions from what I have plotted for you on the chart. Peace!
RALLY : rally will show its own rally not altcoin rally :)I think the rally will go for new ATH this month let's see. The pathway would be like that. If it happens I will upload new targets.
MTRO - METRO BANK - BULLISH - (LSE) An interesting one here gaining much interest from Global investors.
Recently interest in buying the bank has surfaced expect volatility but up is the way
2 funds are short on this with only 2% short float should be able to crush the shorts
BUY the stocks
LSE:MTRO
OANDA:UK100GBP
LSE:LLOY
LSE:BARC
NYSE:LYG
NYSE:BCS
Silver & Gold big move up incoming... maybe even some todayI think the 1-2 1-2 setup here in Silver & Gold is reasonably probable to trade and is quite bullish. Inflation tends to agree, as do many analysts.
The very short term setup has a 1-2 as well, at least in gold. It looks to me be very solid agreement at this very moment in time to be entering the 3rd wave across multiple degrees.
The market also just took a massive stab lower and has now reversed it in about the same amount of time, and this can often signal a reversal... in this case metals have been chilling for a few days, hopefully the chill is over.
Bought some $30 February calls, now we see what happens!
DXY Broke Vital Resistance! Retail sales in focus this weekLast week was vital and perhaps the most important week for the DXY this year, as it has likely broken a crucial resistance. As seen from the main chart, the weekly candle needed a convincing close above 94.60 which confirms the previous high break. Now it is highly likely in the coming weeks we could see the price targeting the next high at 97.60. Prices would likely be supported by the weekly EMA and ascending channel.
LIKELY FUNDAMENTAL DRIVERS FOR DXY THIS WEEK
The main talking point here remains the indications of stronger economic activity may keep the Greenback afloat and put pressure on the Federal Reserve to implement higher interest rates sooner rather than later.
The latest uptrend in the USD comes on the back of the better than expected rise in the CPI and this week an update to Retail Sales would likely generate a bullish scenario on the USD as household spending is expected to increase for the third month in a row.
As a result, signs of uptick in inflation along with evidence of stronger activity may push the FOMC to forecast a steeper path for US interest rates
With that said, the US Retail Sales report may generate a bullish reaction in the Dollar as the update is expected to show a pickup in household spending, and the DXY may continue to trade to fresh 2021 highs throughout the remainder of the year as the FOMC starts to scale back monetary support.
Watch it to pump . . . !Hi my friends
On an urgent analyse, you can see the triangle Pattern and Rally may start the rally to pump
Take a proper action
Have a good day
$RLY 24 hrs movement ideaOff recent "metaverse" hype we've many assets in this market run atm still are. $RLY had an exciting move but not really when compared to previous price action. I think Rally caught the attention now of many and with the ease of access (plus its spot only on many exchanges) I think will see a run to and through $2.00. The asset itself is not in the category of meme coins and actually has an interesting protocol in the emerging DeSo market (Decentralized Social). With a personal and business use case it could trend further.
$MIRM empire strikes back*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
If you take the chance to review our previous works, you may have noticed a simple trend...we are getting to the money every time! However despite our many triumphs there are plays that we prefer not to discuss amongst ourselves. From that tiny list $MIRM is definitely at the top. In the past my team doubled down on a position but we were wiped out after our stop-loss took us out of the trade.
My team entered $MIRM on 10/29/21 at $15.70 per share. Our first take profit is at $26.
Earnings are expected to be released on 11/3/21
Ego is a bitch. Lets get it.
OUR ENTRY: $15.70
FIRST TAKE PROFIT: $26
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Rally can start its pumping rally ?!Hi my friends
As youvsee on chart, if RLY can close this daily candle with no or little shadow and full green we hope to see above target for RLY that have good fundamental background
Targets are 0.75 , 1 , 1.54
Obviously we have to set our stop loss as our strategy that I suggest below 0.52
NFA
$TLRY the og sniper*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: On 10/22/21 My team entered $TLRY at $11.56 per share. We still plan to take profit at $29 per share, but just for laughs we have added a new exit for $TLRY at $145 per share.
My team increased our position at $10.30 per share on 10/29/21.
Their next earnings report is expected to be released 11/8-11/12.
ENTRY: $11.56
TAKE PROFIT: $29.00
MEME STOCK ABSURDNESS: $145
If you want to see more, please like and follow us @SimplyShowMeTheMoney