OXY has formed a nice rounded bottom pattern. Has cleared the 50ma and would expect a move to the 200ma in the near term. Entry today was at $40.63 with a target intersection of the 200ma in the 46-46.50 range. Low risk entry with a stop at 39.20. The last 2 earnings dates have led to declines in price so would suggest exiting before earnings.
Currently sitting at the bottom of the uptrend. May be forming a H&S.
Bitcoin technicals are showing signs of short term bullishness. I switched long on the break of $7360. We have an uptrend, support on the EMAs and rounded bottoms everywhere. We also have a close above the 200 EMA on the 4H. We have not held above the 200 EMA since early November, except for a fakekout last week where we held it for about 24 hours. We have...
I will play this level with some things on mind, read the chart for clear
Where will we finish this year? Will we start a new uptrend on the 7th of January? Or will we see new lows under 100 USD? Every Retracement was followed by a dump after the golden pocket was lost. Trendlines showing possible End of December Dates and 7th of January of new tests of the current golden pocket. Will it hold and we have the power to come out of...
MBT has been stuck in a downtrend since 2006, a continuation of this downtrend is most likely. However rising MACD shows promise, it may be rejected as seen before (highlighted in blue box) Gaussian channel shows a possible rejection at the middle. Blue line shows a rounded bottom which is another bullish sign, however it looks particularly bearish in these...
Continuous reversal points in this rectangular formation, will it continue at (5)? MACD looks bearish, however there is a bullish divergence on the MACD. Risky trade.
ARN looking good while retesting this key support. looking forward to snatch some profits out of this one. Entry: 0.00001884 Target 1: 0.00002090 Target 2: 0.00002243 Target 3: 0.00002422 SL: 0.00001748 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment...
As you can see by indicators, BTC is going to hit 5k before bear market will end. Real consolidation only going to happen now, when BTC is going to stay between price range of 6000 to 7300 based on heavy resistances around.
Support holding after the recent pump and looking like it will be retesting previous highs. Entry: 0.00001097 Target 1: 0.00001221 Target 2: 0.00001336 Target 3: 0.00001451 SL: 0.00001034 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high...
Bottom on 200 Weekly MA between 17th Feb and 23rd Mar 2020
Nice start! double bottom with Bullish Divergence, just don't need to forget that nothing change it can be for few days or more.
Bullish divergence on the daily chart, most likely this will be jumping back to the 90 sats mark Entry: 0.00000070 Target 1: 0.00000078 Target 2: 0.00000084 Target 3: 0.00000091 SL: 0.00000065 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a...
If anybody doesn't know where is bottom still. Than wait confirmation: A. Wait until you will see "wings" sign. Lower Hight 2-3 months period. B. RSI signal showing Bullish divergence 1-5 weeks period
Although I stood against my own reasoning in my last trade, I did see properly the different possibilities. My trade was a loser, but it was due to personal ideas in regards my education path in trading. I did not have a loss before, I mean of a significance, and I was in the need to test my mentality and risk appetite. Nevertheless, the study was correct. My...
EDU Today is coming down to price of $108 area where it was the top resistance back in July and Aug. Watch closely if go back down to the previous range or stay above $108.
Here we are finally, after watching and waiting for this collision for months now, we have finally arrived at what is almost certainly the bottom for BTC. We see a 5 year ascending trend which just caught the free-fall inside of a 5/6 month descending channel. At this point either the 5 year trend can break and the 5 month down trend will continue or the 5 year...