We have different players in markets, but the summation of their interaction always presents itself as the market price, no matter if you look at the stock, cryptocurrency, commodities, or real estate market. I believe the most important factor behind any price movement in any market is money flow and the stock market and cryptocurrency market are not exceptions....
OBV divergence signaled a potential correction, as price were making higher highs, OBV was making a lower high. On the plus side, we are making higher lows since march lows. There is a resistance trend line that is still holding, and is now coincident with the 61.8% Fibonacci retracement line. A buy with a stop below the trend line has worked great the last 3...
FANG to push the markets higher
#NASDAQ Macro View: History doesn't repeat itself but it often rhymes. Here we are in the last phase of the bull market, the blow off top. The gains seeing during this phase are unrealistic and a greed trap to get as many people in the market as possible at the top. The ultimate formula being a huge wave of new retail investors that aren't super educated in...
Very bullish setup on FAANG which has basically gone sideways for 6 months.
Sell signal on short time frame. be careful here.
Financials will drive the market up . This chart looks nice to me .
On dayli chart we can clearly see a Cup and Handle pattern with is bullish. On the next week I can see a downtrend(Handle part of The Pattern) continuation. Then everything depends on sentiment, news, and earning expected to come from TSLA, MSFT, FB, AAPL, TSLA, GOOGL, AMZN. I'm staying bullish though.
Playing it range by range .
Just for fun ,would you mentally and financially survive if this happen ?
Symmetrical triangle built on heavy support. Possible buy opportunity.
This equity has had plenty of time to consolidate at near the physiological support of $1,500. Descending wedge pattern and negative RSI divergence insinuates that a correction to the $1,300 could be seen this week. However, with price action supporting the current level very strong the last 2 weeks; a test to $1,650 is well within the range of possibilities....