Clues: Trendline breakthrough, 50 ema crosses the 200, tweezer bottoms on weekly TF, W formation. We are at level 1 expecting level 2 to form this week. Look out the news for GBP this week! Note: Please do YOUR OWN analysis before you enter any trade! Good luck fellow traders ...!!
ok anyone with half a brain can see this bad boy is in a strong uptrend. red hollow momo hammer bouncing at the bottom of the channel. i circled a very strong pattern looks like it needed to close above 149 to confirm it (which it did) very strongly they also are working on a corona virus vax. so lots of plays in store for this bad boy if it breaks ath it can...
XRPUSD has experienced a large drop recently, this has lead to the formation of a horn bottom which may lead to a short term bullish reversal. (6/29, in a bearish market. According to Encyclopedia of chart patterns)
One bottom, two bottom, three bottom, four. Five bottom six bottom..Do dooo doo dooo... BTS could be about to pop. Who knows? Good luck.
In this post, i'll share a tool which helps you find Bitcoin's market cycles bottoms, it is the Trend Based Fibonacci extension. You don't need to understand what this tool is to know how to use it, but if you want an explanation here is a video. www.youtube.com First start by laying the trend at the market top, then count from there the next 3-4 lower lows, lay...
After the huge correction we can see small iH&S formation. There could be bottom in play. Momentum and RSI bullish. Volume good. Let's go WAVES!
Today I want to focus on 2 fundamental metrics that aim to call Cycle Tops and Cycle Bottoms in Bitcoin: Daily Mining Income (USD) Puell Multiple Calling Bottoms Through the analysis of the USD equivalent Bitcoin Mining Revenue, we can forecast future bottoming areas. When Bitcoin topped in 2013 at $1163, it set the bar for the mining income level...
Advanced Micro Devices has a huge V Top formation that is now hovering above the support level of the sideways range from 2017. The Top is a Severe Inverted V Top created by irrational exuberance from a speculative buying frenzy that was not supported by the company’s fundamentals. AMD stock has peeled off about 50% of its value, which is the typical level at...
This is the third time price has reached this area, RSI suggests its overbought and we are at an unfair low on the volume profile. Enter around .91506 STP at .91513 although you could go out a bit further, Target at .92749. Good luck and happy trading. If you like my suggestions please Like, subscribe and share.
Hello all, I'm trying to analyse several bottom formations of different asset classes in order to find key take-aways that could be useful for the BTCUSD bottom formation. On my profile page you can find the BTCUSD analysis based on the same principles. The Dow Jones bottom formation after 2008 financial crisis: - Top 200 MA: 13 300 - Bottom 200MA: 8 300...
Adam and Eve ate the Apple and the lady moon had called to take the lambo on the moon. Adam and Eve Bottoms www.chartsecret.com
VLGEA is a boring business. It operates a chain of ShopRite groceries stores across PA, NJ, and MD. The company averages a modest 6% sales growth CAGR and has paid a dividend every year since its inception in 1965. I like investing in boring businesses. Stable, consistent returns on shareholder capital can have tremendous compounding effects. VLGEA sits on a ton...
As myself and many others on here predicted ~8k would be support and a possible bottom. Now that we have confirmation it is support... the only question left is whether it is also the bottom! We have hidden Bullish divergence on OBV and RSI indicating this level as a possible bottom. This is reason enough for me to start accumulating bitcoin again to hold, but...
IOTA IOTUSD Iota is testing important support at 3.229 with a low at 3.20. this latter level must continue to hold (and will do so long as Bitcoin holds up, which will not be for much longer now, it's just completing its own counter-rally now). Any failure to hold 3.20 will force Iota lower still to 3.03 and then should this level fail to 2.73 at least if...
Breakout from 2.34, but does it have the legs to go past 2.49? Looks like a bottom is in place but will the trend reverse now or much later?
Couple observations from this channel that I am seeing. 1. the top of each rally in this channel is exactly $1K from the bottom. 2. First retrace was $700. 3. Second retrace was $700. I am keeping an eye on this pattern for entry points and targets for getting out. This is my first TA. Please feel free to roast my chart, but I would rather hear some good feedback.