breakouts

The bulls are losing steam after the breakout of the parallel channel

BLL has been trending up steadily for literally decades, breaking new all-time highs on a regular basis. Currently it just went through a period of consolidation, then broke out above & made it's latest all-time high. Helped by this is the news that Karina Funk of the $1.1 billion Brown Growth Fund is behind it.

The dollar loonie pair has hit resistance consistently at 1.34 which was breached earlier today. The pair appears to have maintained upward momentum and is now testing 1.342. Can the dollar's strength continue? Watch out for BOC interest rates at 4AM GMT tomorrow!

The main chart shows the price is confined inside a triangle and a breakout to either side might occur. The red lines are concrete support and resistance levels drawn from the Monthly charts. Should the breakout occur, we can expect the price to test either side of the red lines. Fundamentally the AUD would appreciate against the EUR due to trade deal almost...

Imagine an inverse 2008. It's gonna be mayhem.. for short sellers.

Still waiting on volume confirmation but looks very likely to be a legitimate breakout...the question is will it breakup to only the target of the triangle or will it go the height of the entire bull pennant? Also could use a little more volume here for confluence of the breakout confirmation but the current daily candle looks very bullish so it likely will be a...

$BCH has been steadily trading sideways since making major moves earlier this month and is now trending back up on the hourly for a full bust back above $300 which should take it to $450 on this next leg up. EOY estimate still on target for $3,500

$LTC Has bounced off support which formed above old resistance points, encapsulating a bottom on the hourly. Price target for EOY remains $500+

The price is pressuring the 377-EMA as it tries to bust out of the realm between the 233-EMA support and the 377-EMA resistance. I highlighted in blue the area I would like to see the price trade in the coming months. Still a buyer on shallow Fib levels... or if it breaks lower, the 61.8% and red trend line level is another buy. Happy Trading... $6000 here we...

CGC/WEED is moving toward previous resistance, $64-65 has been the territory of many false breakouts. This recent catalyst that reversed the downtrend may allow it to move past previous resistance, Merill Lynch initiated coverage of CGC/CRON/ACB, also at the same time CGC bought Acreage Holdings which was 3.4 billion dollar acquisition. This was a big catalyst...

VERGE DID 3,563,171% IN 280 DAYS - YES, YES, YES, YES IT DID Where are we at today? Well, same place as we were back in Q1 of 2017 - calling 99% of all projects sh** coins, scams, shills and pyramid schemes. What does it tell you? Just one thing, the herd likes to follow one opinion and one opinion only from a person or a group they don't even know. There's no...

XRP / USD TA Here we are looking at a very strong trend line which will turn 666 Days old on March 20/21 as it has supported XRP since early 2017 With potential target being at $172, it's is by all means not confirmed and can only be visualized through the unconfirmed resistance line of this widening wedge, however in reality value can rise to either lower or...

BTC / USD TA

BITCOIN / USD TA ARGUMENT FOR BEING BULLISH ON BITCOIN 1. Institutional Adoption 2. There's only ever going to be 21,000,000 Bitcoin 3. It's considered to be Digital Gold today 4. Release of ETF will push Bitcoin higher with new adoption cycle 5. Bitcoin halving 2020 6. People are more familiar with Bitcoin vs any other digital asset 7. TA and Overall Chart is...

$Nasdaq to rise to 8,150 to create a double top reversal pattern followed by 23% drop to 6,180. The trend is your friend. TVC:IXIC

Last post: April 3rd 2019. See chart. Review: Price was moving towards a resistance level. Update: Price has managed to break out of the resistance level, creating new all-time highs. Conclusion: Now that price has broken out, we should see a continuation of the uptrend. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up...

BTT IS STILL GOING DOWN I WILL FOLLOW UP WHERE WE WILL ENTER IN / BTT DUSUS DEVAM EDIYOR. TAKIBE DEVAM NEREDEN GIRECEGIZ GORELIM Please push the like button and follow me please. / Lutfen like butonuna basiniz ve takip ediniz. Best regards / Saygilar

XRP / BTC TA Here we are again looking at possible patterns visible on chart. Our liquidity grab zone is located between 6299 - 6070 Sats We should not break 6000 in order to maintain bullish pattern. If we break 6000 on a firm break, expect more downtrend to occur. Pennant Pattern allows for breakout to occur between now and Jun 8 Ascending triangular Pattern...