I am learning Technical Analysis. Trying to implement them.
30' candlesticks When the price gets close to the ascending triangle or breaks the downtrend line new TA is needed. Good Luck #CryptoHellas team
AS LONG AS CAKE CAN HOLD OVER 30.41 IT CAN MAKE A MOVER HIGHER TOWARDS 33.50. TRADE IDEA: 35C 9/18 BID/ASK: .55/.60
Here is an easy ta for CAKE longterm RSI signals buy MACD signals buy Support around 20 mark Resistance around 24 mark Reopening economy and restaurants and with that positive expectations about sales could be an good entry. First profit could take around 24 mark, for long-term watch around 40 mark. Good luck for your trading Any comments are welcome :)
Very interesting levels with VERY high volume to focus on DURING these lows. Volume is heavy, and it is finally breaking upwards. Looks like it will pass this next test and go big. That is my focus for this upcoming move, will be looking to accumulate. I will update this as we go forward, but with news of reopening and you bet ya 99999% customer growth will...
No one knows when things will return to normal. The best we can do is just try to identify good companies to buy at a discount. $CAKE Is one of those companies. $CAKE has a low PEG ratio of 0.72 and trades at just 5.4x last year's earnings, 0.27x last year's sales, and 8x last year's FCF. The stock is 69% off its 52 week high and has found strong support off...
A rounded top has formed on CAKE, downsides can be expected. 0.76 Strong Linear regression downtrend.
NOT a BUY until confirmation MUST reclaim $48
$CAKE appears to be holding support just over $50. Expecting a move back to upper 50s in near term. Long term gap-fill pending overhead at 57.20.
TARGET 10-15% STOP if candle closes below support
CAKE has been accumulating under 50$ for a while, ready for gap fill
BCPT TA, should be simple enough to understand. Don't know much about the project so don't talk to me about fundamentals. Whats clear to see is that we're at a strong supporting area for BCPT, we can expect movement up from here as the MACD looks like its about to cross and the STOCH has been making its way up from a bottom. In the long term, "IF" not saying it...
Technical: Near Bottom of Uptrend Channel RSI undersold Fundemental: 30 June 2018 (or earlier) BLZ Lovelace "We’ll regularly be putting out code on our Github over the next couple of months 31 August 2018 (or earlier) Bluzelle (BLZ) Kepler Release PaaS and IDE plugins/integrations, smart contracts, access apps, legacy database import/export, node...
Bullish entry. Nice moving averages on the daily and hourly. Good R:R
I drew this chart yesterday and saved it but didn't publish it. I was curious as to what would happen. As of right now it looks like we are on a steady wave going up. There is another ABC corrective wave pattern playing out right now in the 4th wave. Concurrently I could have drawn more smaller waves, but that distracts from the overall moves we are seeing right...