As you can see we are going to test the 0.5 fib retracement and the 1.618 of the fib circles both are really good resistance and if we break it we can go up alot but if we gonna reject is which is most likely we are gonna go down again and that means alts are gonna get destroyed once again because of the btc dominance.
We shall see what happens the next hours!
Previous chart (), with exact same data had strange problems, where some values are double or not visible )
A short term outlook for XBTEUR ( Bitcoin ).
Pale pink boxes show are Fibonacci price extensions looking for possible support if move is to south....
XRPUSD finding some stiff resistance at .45 - though PA is consistently chipping away at the supply line.
On the 4H TF, we've seen a second 3 Bar Reversal on this last 4H Candle which would indicate a little downside like the proceeding set.
Looks like healthy demand a bit lower from this triangle.
Un-deniable, even the 10 min up-trend is...
Hello Friends, Traders, Everyone...
In our last analysis, I called for a first target @ $9100, and a second for a test of $10k. Soon after, we had a strong bounce from the fib channel support, a move which seems to have taken a slight pause here just shy of the first target - there are a lot of Fib extensions currently in play, it can be argued that target 1 has...
Considering the overbought RSI, I would say we are going a little bit side way from now then a nice drop back to 0.68 Fib retracement on last pump followed by more side way and then a big drop to 2800 for a double bottom or even lower for a complete capitulation.
We just bounced of the 200 weekly MA. Therefore we will likely see a bounce to the upside. Question is how high we will go?
I have 4900 BTC/USD in sight over the next couple of weeks. There will most likely be a retest of the 200 weekly MA once we have had the counter rally, so don't chase it if you entry isn't good.
CVSI is going to pay spades as some point and today it's just a day trade.
Fib retracement overlaps as 4.13 and now at 4.18 and going up on 5/30/1h
Pain therapy stock in CBD Oil, watch earnings.
Dumped hard from the top of the rising wedge I outlined in my last analysis. Has found some support at one of the previous key demand areas, which coincides with the 78.6% retrace. Looks to have formed a flag now, which can break either way. RSI is near oversold on the daily, but the 4h Stoch is forming a bearish cross. If I had to bet, I'd guess it's going to...
So Cannabis investors, HEXO is at the a dip and 786 fib retracement. Is this the dip before a November federal bill allowing legalization state by state, or will it go near full retracement?
High 9.29, current 5.70, full retracement 3.98.
Canopy Growth is 618 fib retracement. The better the stock the lower the dip. I'm using weekly charts and than switching...
LIACF has been bottomed from 2016 high and recovering from long legs with room to go.
* Volume spike 2 days now
* Trend line broken in heavy volume
* Lithium demand for electic battery storage LIACFTSLANYSE:NAV
With current market GE stock is volatile at best, resistance likely at 11.88 and could retrace to 11.22 area if volatility increases. New CEO has yet to make any significant announcement, although just the announcement caused a nice bounce, which vaporized last week and into this week. Any LONG buyers, wait, wait, and follow the volume. Setting alerts...