First publish, Just connecting dots, open for comments.

First publish, Just connecting dots, open for comments.

S&P 500 SP:SPX


sometime i do wonder how come these dots (high and low) can all lined up, it must be the market momentum or sentiment at the time. It appears to be predictable for high or low to stop at this line or that line, but we all know it’s far from predictable.
Again, long or short depends on you trading for a day or a month, same old game betwen the patient and impatient.

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Beatcoin downturn is over.

Beatcoin downturn is over.

Bitcoin / Dollar BITFINEX:BTCUSD


The last chart pattern I uploaded was completely successful.

I work on the Korean channel, but I was asked to do it on a foreign channel.
I am not good at English, so you may not understand what I say.
Anyway, I was very interested in Korean channel for a few days.
Because the forecast below was entirely successful.

Before I begin, I’ll just give you a brief word.
” No more strong decline will be seen. ”

Bitcoin             has exceeded the short-term falling flag very strongly today.
Bitcoin             returned to 10.2k Then, go to 11.4 k.

I made an English channel for English speakers.
Please sign up at the link below.
Empathy and comments are very supportive.

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BTCUSD Daily close update – Strength, but too good to be true?

BTCUSD Daily close update – Strength, but too good to be true?

Bitcoin / Dollar BITFINEX:BTCUSD


–After a strong days bounce on the 150 EMA we are finally challenging the Jan 30th – Feb 1st horizontal price based resistance.

–We have lost some bullish momentum but that’s to be expected and not a significant reduction.

–The next reversal confirmation targets for me? Get above the 90 EMA shown in Dark Green which isin confluence with the above the horizontal support in red. 10,700-11k.

–I am still bearish . We’ve seen this action before and unless we gain momentum I will remain bearish .

–We are above 50 RSI = Bullish , notice the loss of momentum in the RSI .

–Todays open above the previous close indicates further bullishness, but as you can see, we still have a lot of work to do to dispell the bears.

–The orange box represents a cluster of candles that mostly failed at resistance and ultimately started the sell-off to 6k.

Conclusion;
–If we hit 10,700-11k I will establish a short position, if we fail support and bounce at 9600-9800 I will enter a long position.

–Those fibo extensions! Who wants some BTC             for 4-6k?!

-Join in on the fun on Discord! Free community talking all things coin and token, analysis by request from myself, admins or moderators on discord: https://discord.gg/c3hsAZZ

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