First of all; when I publish this idea my drawing gets messed up so please look at this image instead of the chart because I’m not redrawing this.
https://www.tradingview.com/x/nwuarQNY/
So I’m not an expert but I am obsessed with crypto and watching the charts. Ignore the white unfilled triangle. But I was very right on that idea too.
LOOK AT THIS. THE ...
There is still potential for an explosive move ahead. Although the up trend line had to be moved slightly price is finding constant support on it.
There is potential for market moving news in the near future. I am looking to catch a move up if price breaks the 113.400 level.
Nothing fancy here just a possible break out trade forming.
Happy trading.
OMG is testing a potential breakout, on the high side, from a pennant pattern. Waiting and watching for a potential increase in volume to confirm the the signal and push into a breakout.
Price breakout and gap up on Cougar Metals NL (CGM:ASX).
The reasons for the sudden increase in price are unknown and CGM is now in a trading holt pending ASX inquiry.
Trading holt requested by company pending price sensitive news release. Will resume trading Tuesday 29 Aug.
ONce it breaks the the trendline we are gonna see a blast in STR. It is looking amazing. Though a test is also possible.
P.s Thats just my analysis do your own research.
$RLOG - $DRYS - Earnings out, starting to see a leveling off on losses, revenue is climbing from previous Q and guidance is strong to with A/R towards next few months on collecting cash from contracts. Expecting to see the $1.00 mark soon here. Insiders bought around 400k shares August 2nd 2017.
$DPW - Earnings coming up, 50$mm contract, and news today entering the very profitable bitcoin mining power supply biz. Targets $2 , $3.50 , $5.00
10mm float, very low, and shorted heavy, perfect recipe for a monster short squeeze.
There is an ascending channel visible on our chart. Heavy resistance 2 times tested ahead.
Carefully buying on the break out at Fibbonacci level. I will add to my long position. Watch Stochastic for buying signals.
Next level we can expect heavy resistance as it was a solid support line in the previous structure.
Main target at 61.8 % Fib Retracement level. ...
As we see, we have a triangle forming here.
Now with every crossing of Support or Resistance, there might be a breakout to that direction.
Right now the EMA 200 is below the price, what means the breakout should go long. On the same time though, we see that the EMA 200 is very close the the price and could change its mind every second... So that is not a good ...
