- 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...
CLOV broke out of its downtrend (with volume) since its birth, keep an eye out here for continuation
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...
|| Avalanche is one of the latest projects listed on the Binance stock exchange. It is a relatively short graph that we can watch for less than 2 months. It is a project that works, among other things, to create a platform for applications of Decentralized Finance, financial assets, trading and others. 👌🏻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$ Good luck, TA
- 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 JSE:PRX - 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...
The target of the wave number 3, is 229 U$ 161.80% of fibonacci extension. Broke the longterm downtrend line since the all time high The volume is huge for th bulls. Will follow BTC, if BTC dumps
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? Volume 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).
Bounce off 200MA and breakout of recent downtrend. PT $80
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). ...
Is it time now? If it closes above this trendline by the end of the week, well worth watching and keeping an eye out for entries intraday and daily.
For those who are being quick to short the dollar, id re-evaluate because price is respecting support & the inverse head on shoulders is still in play. If we get a break of support the right shoulder will then become invalid & my bias on the dollar will be bearish for some time. But for now I'm still bullish on the dollar...