Hey guys so I'm a beginner analyst. I've been studying technical analysis for about 8 months and I'm starting to put it into action. I'm looking for experienced opinions, advice and criticisms on my ideas. It's one thing to study something and believe you have an idea of what you're doing, but its another to put it into action, therefore, I would really like some...
Trend has been moving smoothly through the Fibonacci lines. Looks like we are currently waiting for the last eliot wave to form which is wave 4-5. My Three resistances lines would be: 722,651,580. Please let me know what you think as this is my first TA to published. Would really appreciate feed back!!! TG
(Deleted previous idea and re-posted as I had not drawn the right shoulder height correctly to the end of the wick) Calling it like I see it... If this plays out we're looking at the $95 area based on the distance from the neckline, that being said there are some nice support levels going down to maybe provide a bounce back before then. Still new to this, so...
To know when you should sell and buy, I usually look at the Relative Strength Index and the Moving Average (50 days, 100 days, 200 days). This is my personal strategy of trading in all market. For further questions contact: viethoang7276@gmail.com Donation: BTC: 15fsyrtCbJrGmr7Ruk7w1XxF61QnKH4a4H ETH:0xB6C7C55c11A106d7b354B0C0adaF6b2cE022F18c
Neo seems to be trying to setup for another breakout, although volume is still lacking, not expecting anything big, maybe settling around a new zone in the 0.013168 area based on the height of the ascending triangle, and also conveniently the 23.6 fib mark on the correction. Still a novice with this, i'd appreciate any feedback. Not financial advice.
I am beginner. I just draw what I am seeing. Please comment for my mistakes. Thanks.
Buy in 0.00000130 - 0.00000135 Target 1 - 0.00000149 (Short Term) Target 2 - 0.00000169 (Mid Term) Target 3 - 0.00000186 ( Mid Term / Long Term) Target 4 - 0.00000278 (Long Term) Target 5 - 0.00000590 (Long Term) Very Strong Chart. Even if Support Line is broken, just wait until it climbs up again. Usualy i would allways recommend to Trade with Stopp Loss,...
Looking at Tron from a basic understanding of wedges you can see how it is downtrending but there is still support underneath it. Tron looks like it is going to break upwards. I think that this current drop that we are seeing is temporary and will not affect it long term. I am not going to sell but will buy once it hits a low of 0.95 cents before it breaks again.
Based on the stronger upward trend in the lows since the breach, after the tip of the triangle is met, I believe the stock will surge to around 225. I am supporting this analysis by the following: -the stochastics just crossed -MACD looks like it is going to cross soon -There was already a slight dip in the RSI This is my first chart so let me...
If you click and drag your chart to the left, you gain white space that you can use for your projection markups.
Overlaying currencies your are interested in or invested in is a great way to quickly make decisions. By changing the thickness and colour of your lines you can highlight those you have funds in.
Looks like a previous pattern to me, maybe a 0.10 - .50 jump.
My last analysis on XRP regarding the similar trend pattern was correct. Now it looks like it will go into consolidation and keep it's upward trend.
Just a guess from a visual pattern I see. Plus I think with the bullish run Ripple has had, it will rebound to stay above the $2.00 mark.
I think it comes down to their Wraith Protocol Release, it has been promised to be released by December 31st. Also the this is the first full Triangle I see on their chart with Bullish signs. I'm Hodling and hoping all this FUD is actually FUD :) Verge to the moooooooonnnnn.
Looking at all three runs within Bitcoin so far, these have increased in the following order: 1st +1727% 2nd +1412% 3rd +2657% The upper and lower bounds should be taken into consideration for the next bull runs. It may well be the case that the next bull run exceeds these limits due to mass market adoption. At this current time Bitcoin has seen an...
Based on a hypothetical point in the cycle called 'Current Period' on the above chart, what would happen if we plotted the same behaviours (percentage increase and duration) from the last two cycles. Firstly I would pick a beginning point to define the start of the bull run, termed 'Estimated Start' in the above chart. I would then plot the % increase with the...
Looking into the trend behaviours for large sized duration (1 year) we can see that in January 2013 there was some interest in the bitcoin market for the first time with early-early adopters showing a bull run with the low volumes that were present. The first bull run rose +1727% over 89 days. Due to the non-linear behaviour, this cannot be averaged into per day...