Here's some extra food for thought. Tekan-14 in 2014 is the equivalent to Kijun-50. Because each bear cycle time-price tend to slow down around 3.5x Tenkan/Kijun lines represent calculation of 50% level (mean) of higher price v lower price over the period of the calculation. Call it a moving 50%-level average
While literally everyone talks $BTC MENW etc. Let us look into #Bitcoin in the past and take in consideration around 3x slowdown in price action. 2011 W vs 2014 M vs 2017 3M.
Hi ladies, OK we are hitting liquidity pool where all of us plebs made some nice donations towards the Mr Market Operator. As such he is grateful for all those stop losses, liquidations, overloads, fomo, breakout at resistance and general pleb sentiment bullish AF. He thank us all and he is ready bring us all to a trip into rekt lands as a gesture of gratitude.
Presented without any further comment.
For a pedestrian industry, DAL has shown bullish consolidation in a rising channel for years. The Golden Cross (50d SMA crossing 200d SMA) today follows stronger than usual price/action, similar to the last one in Nov 2016., where there was a 38.2% retracement before continuing upwards, this time 53.24. We allow a little more because of the earnings gap, and enter...
Clear long after a long break out...Low volume ahead so quick movement is foreseen during next days.
Hi ladies. Looking at 415sats as potential long range. Volume signals on Weekly/Daily plus a set of divergences and supply lines violation is what I will be paying attention to. Best.
Hi ladies. Here's one of my favorite shitcoins because of the illusion of muh good fundamentals and we all are obviously in it for the technology. So here it is... interesting price levels zones for ZENBTC I am watching. Best!
Delta did a slight drop below the 57.49 support. It has created a new horizontal support at 56.96. I'll do a more in depth update later.
After correctly calling the patterns to turn out as a loss a few days ago (my arrows in purple), I am seeing more of the same. Tomorrow they will most likely hit (or come close to) my 57.49 support line. This has already been a solid support so what we need to see is a strong bounce. Look for signals at 6:30 to 11:00 AM PST tomorrow as to what it is doing. If it...
As predicted in my last Delta post, we had major gains today. But alas, it is looking slightly bearish as of this post. If we close below the bottom of the fan/resistance line we will be looking for a possible dump.
When you look at Delta (NYSE: DAL), you see a clear resistance but a triangle pattern. When adding a pitch fan you clearly see obvious tests of both the resistance zones. With the gains and natural consolidation you see clear bull flags everywhere. Gains are expected to rise at the beginning of trading at 6:30 AM PST. If I were to guess they will occur around 7:15...
Delta Airlines is off to a strong start in 2019, but can they keep it up? New information coming out says that Delta has setback cameras installed however they are not watching passengers... The Megalodon is giving us a buy sign on the technical side. The Megalodon indicator uses an artificial intelligence, combined with data from over 500 buy setups, and over...
Volume and momentum is suggesting a continuation of this xmas bull rally into next year. Price doesn't necessarily need to act according to the outlined waves which are based on support/resistances and hypothetical future uncertainly (with the asymmetric triangle). Think that max it could go is really the 6-7k range where sell pressure exists (limit sell orders)...
Going long here is looking like a good risk to take. Sure there is the danger of a bounce at resistance but that is why you should use stop losses. Going into the trade with 1%-2% risk is reasonable.
OK. There's great chance honeybadger could hit the 2.7-2.9 support levels in an extended wick and reverse for a short xmas into new year bull rally to get everyone hyped about before more pain. While I feel the brief visit to bellow 3k is possible we should pay attention at current price level because price is showing some signs of strength and volume in lower...
It's time for a few days fo correction. Price levels, Trendlines, Momentum and Volume suggest that bias.
A look into monthly chart confirms that we are way far from a bull run. It is also pretty evident based on volumes and candle rejections that we didn't see yet any meaningful signs of capitulation. There more downside ahead. Perhaps a strong support at the next technical level wich also coincides with marginal cost of production less hardware costs price zone....