Plausible play outs based on chart hidden bullish divergence in any case it will at most going to double top before ATH is reached and search for new lows overall bearish But im bias, chainlink has been being shilled for so long, at this point its over bought IMO.
We seem to be going through the same emotional ride as we did before in the last bubble but with just less participation and news coverage. There are now existential threats no longer round the corner, but actually upon us, Libra and regulations are not good for crypto price appreciation. Adoption, if it ever actually happens as is currently predicted, is still...
Looking at the charts, the market has come to find yearly lows for the XXX/JPY crosses in the most recent weeks, with most pairs having pulled back away from the lows. I.e NZDJPY & AUDJPY, and could be an indicative move from the other crosses. GBPJPY, has found some support at 135.170, around the area the flash crash closed above, which begs the question of...
Looking for further downward momentum today, nice break of range and signs of further momentum. GBP is in poor shape currently and on higher time frames we have no reason to believe this is near the end of the new lows.
JD started to retest the bottom lows, but it has bounced off of higher support within the bottom. There is mild hidden accumulation at this price level.
Here we see a lot of equal highs and quite obviously retail traders got in seeing a resistance, putting their SLs right above the equal highs. Smart Money knows about Retail Mentality and they know where their SLs would be. They need these SLs to grab liquidity, the latest upwards movement cleared all the SLs, now I'm considering EU to go down as the banks have...
INTC not only had a poor earnings season, but it also faces challenges from recent new tariffs in China. Intel’s stock price has fallen back to the lows of December 2018. This should provide support for the stock due to fundamentals.
FDX is an example of a failed short-term bottom formation. These bottoms develop too quickly and are unable to fully complete the formation. This stock is now poised to retest the prior candlestick pattern lows for support.
See the comments on the chart. I'm thinking ~$110.50 for potential upside until we make a lower low than what was seen in December. Low price target is purely a guess, but I'd expect to see it fall to the range of $50-$75 (not a very concise range, I know, but I'm really not sure how far it will fall - I just think lower). Afterwards, if the RSI plays along we...
Straight to the point. Until this trend is broken, I don't any other reason to think otherwise. Scale in when possible, sell a little on pumps! That's the plan going forward until we get some side action or shoot straight through some low highs! Same as BTC
$GOOG has now dropped over 20% since its July high, bringing the stock into bear market territory for the first time in 7 years -- since August 2011 (both time periods marked on chart.) I remain bearish on Google for the remainder of 2018. Macroeconomic conditions and trade tension combined with an over valued market and much needed correction in the technology...
At the moment, our pair has continued to decline and buyers are leaving the market. Closing long positions by bulls helps to reduce the pair and it updates monthly lows and is likely to go to one-year lows. Technical indicators point to a sale and we see the formation of a powerful downward impulse. Therefore, we advise you to take short positions and consider...
As we assumed earlier, our pair fell below the assumed level of resistance at the mark of 1.3130 and easily overcame the previously established level of 1.3075. However, the price returned to it, again moving downwards and updating the annual lows. A new level of support at around 1.2960 was set. Now the pair has moved away from this mark by going into...
I think many are in for a huge surprise. I believe BTC is about to make new lows, throwing the majority of TA ideas out the window. In the near future my TA has us hitting a range from the high 4ks to low 5ks. From there we should see a huge bounce and a move that makes it look as though the bear market is over, which temporarily it will be, as we should surpass...
NYSE:LOW is currently bouncing off historical support, which was historical resistance 12 month ago. With the first target at prior resistance of ~$89.35, that marks a 4% increase that we could see in the coming days. Playing this with a June 8th $85.5 Call, that can move that 4% gain into ~30% by the end of the month. $95 is our next target, +10%, but I...
SDS Making New Lows Color Blue Number 5