Hello, Traders! At the moment, the market has the strongest correction movement during the current Bitcoin rally. The asset lost 35% from its maximum and 29% from the local peak. The market is under constant selling pressure, which is restrained by the liquidity buffer of buyers in the range of $41600-$44200. The RSI indicator value on the daily timeframe...
If history repeats itself... I believe we will see a fast drop maybe to about 176 euro with a bounce back to about 370/400 After this we will have some time of side way movement, which will result in a rise to the next level? Lets see...
Bitcoin started the May month with a bang as the flagship currency has appreciated by more than 15% in the last week of April to up until now. After the breakdown in which BTC dipped by ~20%, bulls again showed strength and closed the April monthly candle at $57,798. At the time of writing this report, BTC is trading around $58k. BTC formed a strong bullish...
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IOTA Price traded at $2.12 with a loss of 0.34% in the last 24-hour and 25.07% up in the weekly time-frame. Furthermore, IOTA bounced from the support of $1.50. In contrast, the market capitalization stands at $5 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is sustaining above all the EMA. RSI index showcases an...
Ethereum value traded at $2382 with a gain of 9.85% in the last 24-hour and 14% up in the weekly time-frame. Furthermore, ETH bounced back from the support of $1950. In contrast, the market capitalization stands at $276 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above all the EMA. RSI index showcases an upward...
Like we see in the graphics LTC hit the roof bouncing down %10 with the possibility of bouncing up (green) or keep in regression % 21 till the 0.618 of fibo in the weekly like it did before(orange). Personally I'll wait how the market behave before to open a new position. Have a good trading and stick to the plan. Dont forget thumbs up if like the idea.
I´ve tracking $Cost for a while and I think $Cost is ready to bounce back. MACD just crossed above the line, lets see how much it last. it´s a long way back to 360, but in the mid time ....
Clean falling wedge pattern with strong and also earlie ATH in price arround 42K zone. My limit buy to watch will be 42.2 little above for bigger chance to fill order. Another small amounts I will set until 38.5K for hodl portfolio . But best possible trade is arround 42K with stop loss bellow 40 in my opinion :D
Superb fundamentals..undervalued stock with excellent Return on Equity. PLEASE SEE CHART FOR FURTHER DETAILS buy only if sustains above 350 TARGET 1: 400 TARGET 2: 450 STOP LOSS : 315 **These are my personal observations. Please trade at your own risk.**
This is the stock that was replaced by TESLA in the sp500. The stock TANKED HARD!!!!!!!! Rsi was round 13 when I bought my first positions. I tend to love rsi bounces and this one may be one of the best do to the fact that this companies financials havent changed, theyre not under a lawsuit or in the middle of a bankruptcy, the CEO didnt get caught banging a...
Seems like we are to bounce back to 1.67-1.80 within the next 24 hours, after that, I am expecting to go down back to 1.2x What are your thoughts on this? ____ This is NOT financial advice!
that's where i hope it bounce, not earlier than that circle so it would be a healthy pull back
Hello Traders! My research work on the J pattern is paying very well and you will not find these guides anywhere else. So enjoy all this free stuff. According to my rule, GBPJPY is forming Formation 2: Bounce Back which is the rare one because rather than falling hard it bounces back from the point where the J pattern started. It bounces back only because of...
DKNG is in a downtrend currently due to increased NFL COVID cases. If it doesn't bounce up at $47-$47.55 then we should see $40. If it does bounce up, depending on if there is news or not, it should continue its original channel uptrend
The current slide in share prices are particularly felt by the high-flyers of the past weeks, including the papers from Apple . The recent sell-off, however, is still a clean correction. Following the primary expectation, the market has reached the target box for the current pullback. As long as the bulls hold above $105, we see the bulls stepping back in very...
Oversold on RSI History of trading between $30 -$34 Strong support around $29-$30 area
Hi Traders! The market is in a Downtrend. When we zoom out the chart - or when we switch to the D1-Timeframe - we can see the market was racing up with high momentum in the beginning. But suddendly it made a 180° U-Turn and falled back. Then the consolidation started. Anyway, the consolidation is over now. This consolidation seemed to be endless, until we...