Update on LTO:
As stated a few days ago, it was clear that the price wanted to touch the highlighted red trend line. After doing that, it broke the current downtrend and is ready for some upward movement. Any entry point below 0.5 is golden imho.
Pay close attention to the newly formed uptrend bottom line, if it’s broken, then i’m pretty sure it will retest the...
I like DTIL to keep coiling for a possible breakout. I think a double bounce has more upside potential resulting in a late March 20PT whereas a shorter breakout could still give a 19PT by mid March. Either way I want to see it take back the 21EMA today or monday to instill confidence.
- Price was in a strong downtrend since the start of November to beginning of January
- New year came along, Dollar has been consolidating/accumulating just slightly higher than the lows of the downtrend.
- Bears have made multiple attempts at breaking the lows of the range but have not succeeded thus far.
- If we do bounce from the bottom again, pay attention the...
Bearish trend confirmation indications:
1. Formed a double top and broke the trendline.
2. It has made a swing low of $12.18 and consolidating near the Support Zone.
3. The bullish trend has been running since a long time, but the monthly candle for November
was a big red engulfing candle, and a bearish closing near the lows.
4. Seems that the Bulls have...
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👌🏻I like that the structure behaves traditionally, as after...
$AAWW daily chart held the 50EMA and bounced all the way back above the 20EMA
Sector shows relative strength in the past 2 sessions
Price closed above downtrend line , above 20EMA and we had the 5/10 EMA cross up yesterday
A push above 58$ could see this squeezed to ATH area above 60$
- Interesting break of the down trend
- I would like to see price come back and test this downtrend then continue up to enter a long
- MANAGE YOUR RISK -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Fizz SP is breaking out of 1yr downtrend after hitting Fib time series. Watch for the close, would like to see more vol for confirmation.
Heavily shorted stock, expect to see a lot of covering soon; as fundamentals do not justify the dramatic decrease.
Futures have clearly risen tonight from a false report that Trump said he would extend exemptions from banning Huawei. However , he later confirmed in the most recent update to reporters around 5PM EST today, that this report was completely false and that his staff will issue a final statement tomorrow with a likely ban coming (and possibly an indefinite ban all...
Now that we got a nice little breakout on Ripple, we should look at some targets.
How high could this thing potentially be going during a bear market / upcoming accumulation phase?
First of all, I take a look at the volume. It was really significant on this breakout. Almost as much as during the last real altcoin season. This makes me believe that we're...
XRP/BTC broke the downward trendline that was established since 20 April '18. (marked as red)
We didn't see an increase in volume yet, so I'd wait for a break of the resistance area around 0.00004400 BTC before scaling into a Long.
If the area breaks, we will most likely see a huge pump.
A stop could be set around the most recent support line (marked as green).
A very clear rising wedge is in play for XRP, combined with a primed Stochastic RSI, meaning a break through the bottom of the trend line down to $0.4 is highly likely in the next few hours (and bucking the trend, since most top coins are green to a few percent up at the moment - Ripple XRP may just be late to the party, with a nice move back up to follow).