farmerjuan

farmerjuan

Bullish Divergence has been spotted on the MACD and RSI on the 4h candles. Could this mean a new all-time high?

farmerjuan

Back in July 2020 BITFINEX:OMGUSD back-tested the 50 EMA on the weekly to attempt a recovery after a 98% pullback from its highest peak in 2018. Then it shot up 500%+ even breaching the key resistance levels. Now after the peak in November 2021 BITFINEX:OMGUSD also dropped 98% and just crossed and back-tested 50 EMA on the weekly at a similar price range as...

farmerjuan

A combination of a Shark harmonic pattern and a Gartley has emerged at the pattern completion zone. There is also bullish divergence on the RSI at the comfirmation double bottom. NASDAQ:BIIB has been oscillating between around $190-$440 since 2013 and seems to be at a good bargain price of $218 currently which is on the lower side.

farmerjuan

If the stock fails to make a higher high, the stock could start to see lower levels. Bearish divergence was also spotted on the RSI; not shown on the chart but MACD as well.

farmerjuan

Spicy W formation on the weekly. Gotta be patient with this one and hope it does not reject of $1.30 again

farmerjuan

Higher prices are promising after backtest on tough support. An informal Butterfly Harmonic Pattern was spotted with the confirmation double bottom.

farmerjuan

After making a weak 17% drop, Bitcoin could see higher discovery prices. Bull Flags are very common bullish market continuations so it is likely that it will consolidate into an Inverse Head and Shoulders before making upside. It seems to have back tested the breakout on the channel, so it is only a matter of time now.

farmerjuan

After an 84% drop can this finally be a trend reversal? NASDAQ:PYPL still has a gap to fill at $150 and $72, but has a tough ice line to break at $68.

farmerjuan

Lots of accumulation on a strong support line from 2015 and almost meets the conditions for a perfect harmonic bat pattern.

farmerjuan

Fil has been on basement levels for ages now. Using resistance from early 2023 as support for the first time. Reversal candle on the weekly could see run to the higher prices. Move will take some time since it is in the weekly chart but something to watch out for.