The bottom may be in for Virgin Galactic (SPCE). As you can see, SPCE has bounced from this trend line 5 other times in the past. There was one instance where it broke beneath this line with force but the catalyst was based on false news (rumor that flights were grounded until 2022).
For investors and traders alike, this may be a great entry. There is still a...
1. Indicators: RSI, MACD, and KDJ is well setup for a run.
2. Price and Volume just looks like the hulk wanna break out.
1. financially pessimistic numbers and weak earning power
2. the past price performance is with doubt it will ever perform
3. the general "BIG TREND" is a downtrend, the consolidation started Aug 13 might just be a correction of the...
Yes, it seems like the bulls are getting ready to attack!
IF the silver price overcomes the 23.6 % Fib level and 50's MA with a sustained close around 23.30 USD, it would be time to fasten your seat belts.
IF XAG/USD doesn't overpower this critical resistance area and is making a move to the south, I would take another short trade into consideration. But this...
Important things to note:
BTC retracting has started.
I do not see BTC going past 46k.
ADA chance for double bottom on 1D
Double Bottom would produce a target of 2.62.
This would smash the resistance level.
Pattern would also create a cup for further targets.
BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24.
The BTC FOMO buying finally...
ADA is looking like it is ready to break out on the ADAETH chart. We've got a reset on the RSI so there is room for the bulls to buy without ADA quickly becoming overbought while if you look at the historical pattern of ADA versus ETH on the daily you will see that this chart is due for a rip to the upside. Not financial advice.
Its been a rough ride for tapbtc since its inception, XTP has bled from over 1000 sats to the very bottom at 2 sats.
This is the ideal buy zone for the following reasons:
1) RSI divergence having just broken below for the first time in a long time, every time this has happened it is followed by a pump, note where i point these areas out on the graph.
Nice multi weeks bottoming pattern below 22.60 for this good growth name.
We're now above this line and I see it as a good opportunity to buy for a swing trade, with a stop below 22.60.
All resistances and targets on the chart.
Seems i was a bit early on my previous attempt to identify a bottom but an inverse head and shoulders seems to be forming. It has a longer, less volatile, accumulation feel from $23-$25 the past 3 weeks. Time will tell but this is already down (-77% YTD).
Poshmark has had good news developing from partnering with SNAP and expanded to Australia and India and...
The QQQ is testing the bottom of its range.
Stochastic RSI has been helpful to signal a bottom, once %K goes above %D while testing the bottoms range.
There is also a horizontal support line from the last week of June, which was a breakout to all-time highs.
Risk-reward-ratio is great placing a stop below yesterday's low, and a profit0exit at the top of the range.
Important Things To Note:
Just when you started to doubt me.
Just when everyone was saying BTC 20k, ADA 1.00.
Just when the news was screaming bear cycle.
We finally had BTC show us more signs signaling the end of the pullback was correct.
3 test of BTC at 40712
BTC created higher low at 4114 with the impulse we needed.
BTC bullish engulfing at 4hr.
Appears to have bottomed here and corrections are zig zig patterns 5,3,5 that continue to overlap into each other so I labeled this correction with WXY. Most likely TTOO will push back up from here towards $1.40
Looks like one big ascending channel, what do you think of this... Can we see BTC hitting the bottom of it? Will it be the bottom? We have to wait for wor that. Guys, please tell me what do you think about this, am I delusional or what?