BTC is still finding a lot of resistance against the fibonacci circle line and we are gently moving towards my 48605 entry point. I'm laddering my position from 50890 all the way down with incremental size. This will also hit the 100D MA which will serve as a strong support level. If that doesn't hold it's not gonna look pretty.
Scary USD chart here, but in a beautiful way! Monthly TF
Q1-2 next year, Vaccine = Bullish USD, economies rising again, USD going back up to the 100s let's see! Could be an incredible year for the US Dollar!
Hey all nice E2E on LBA/BTC it looks bad based on the daily candle but BTC dumped out which usually causes this to happen, 2 it gave time for the 100MA to be retested along with the kijun and tenkan.
I like the look of this, the only part that looks so so is the chikou span, but still good R/R of minimum 3R stop loss around 120sats just below the cloud you can...
Idea to buy NASDAQ:AUDC at 35.5$ per share after the price drop down to 35$ .
The price reach the 100MA line(purple) and Fibonacci 50% . This is the time to buy when the stochastic is "Oversold" at 1H chart. Prepare to take profit at 42$ not in one shot, but in two or three levels.
Our Nov. 25th Inverted H&S took us to $7850 Before Forming a new top resistance line for a symmetrical Triangle.
Neither Wicks On Dec. 4th broke this Symmetrical formation and we've continued to bound up and down as Volume has tapered off.
A Measured Move Break Out Would Take Us North Of The 2019 High Descending Resistance line of our channel if the bulls take...
Similar to ETH's ascending triangle that developed in past two weeks, Litecoin against USD on the 4hr is in a much cleaner bullish ascending triangle while facing resistance at the 200 MA. The 50&100 MAs have already had a bullish cross, oscillators are looking bullish. Will open a position above $73.25 (above previous swing high) with tight stop loss at $69...
I'm making a part 2 of my TA because my previous call was perfectly on point, so i'm here to catch up with you guys.
As you can see on the daily charts both of the sticks got closed below the line showing a great resistance in the weekly and daily chart, and that was exactly wat i called on my previous TA (test of the 100MA weekly & 350 daily)
is BITFINEX:ETHUSD ready for Bull Run ?
We've been in a long bear market (still in bear) since the intersection of 50 MA and 100 MA.
If the 100 MA is above 50 MA, the prices are falling.
We are now approaching a new intersection.
If the 50 MA 100 MA cuts in, the prices can start to rise.
Of course, according to the movement of COINBASE:BTCUSD everything...
Hello guys, boring chart, we've been trading in the same range since Oct. 15.
Price is currently stuck at the 50/100 EMA, they are currently acting as resistance which is a good sign for me. The more we hit a resistance/support the weaker it get. If we indeed break that resistance I expect the 200 EMA to be the next solid resistance and the 50/100 EMA would be...
XLM found some resistance at the 200-day MA, and is now touching both the 20-Day MA and the 100-Day MA. the 20-Day MA has passed with success the 50-Day MA and is now about to pass the 100-Day MA. We might be entering a Bull run on Stellar. Once it passes the 200-Day MA, with volume, i say it will moon! Let's see how the market reacts.
According to my technical analysis on the weekly chart using the TD-Sequential Indicators along with the 50 MA (Moving Average) and the 100MA in the purple, we've got a really great chance of a few weeks of some upside. Maybe new all-time highs!!
At the time of this writing, the S&P500 (SPX) is on a green '3' of '9' candle on this weekly chart.
Ok..... SO, look at the correction NU just made on the 1hr and compare that with the daily/weekly and train your eyes to see that. As of now, NU is coming off the 1.236 fib extension in a W-X-Y pattern, which makes sense (which could just be a bullish trend even though corrective looking). However, what doesn't make sense is the the length of the the last wave and...
Looks like IOTA is forming a falling wedge
bullish RSI divergence gives us extra confirmation
2 ways to trade this move:
1) We place a buy order above resistance of the falling wedge, if it breaks up, the falling wedge is in play, our buy order will be triggered and we ride the wave to $1.8 resistance + 100 MA
2) We wait for a reversal candle at $1.642 support...
BTC is undecided in consolidation range and will continue for a few more days. These next few days will be critical to watch! Currently, we have $8,369,030,000 in a 24 hr volume for BTC according to coinmarketcap.com.
The worst case scenario for BTC is that it falls or test to the 200 MA on the 4 hr chart, which would put us at around 7925. Watch this in the...
Looking to see if USDJPY closes below the daily 100MA combined with possible stock shorts and the usual risk of Trump's haphazard tweeting
Lets see what happens in the next two days to give a directional indication for next week