Hello my friends! This is a update-analysis on a idea I made november last year! I called that we are trading in a huge bull-flag with two possible outcomes.
Now we can see that the bull-flag I observed...
Welcome back to another chart, today's chart will be on NEO, formerly known as Ant-Shares, surely a re-brand back?
Points to consider,
- Price testing resistance zone (Red Zone - .382 Fibonacci Zone)
- RSI bouncing of overbought region
- Stochs showing downwards momentum
- EMA's action as support for price at current given time
- Volume is near to...
Equities forming a pennant. Usually these are continuation patterns. A measured move down from flagtip would expect to make a bottom half of flag-pole equal to top half, for about 1800+ pips; this would drop index near 24200, or a bit less.
IMO the Megaphone Trend is still dominant. A breakout to upside is still possible if global events magically resolve...
I normally would have already entered a symmetrical triangle breakout like this sometime last week, by picking a day that closed below the iceline and entering a speculative short position. There's only one problem with that strategy:
As you can see, the $67.20 level has held as support almost 10 years, with no weekly closes...
Today I stumbled over the ETC/USD chart and saw this lovely Ascending Broadening Channel with an Ascending Channel Inside.
It looks like an easy profit if the market continues upwards for a few days more as minimum.
Bitcoin SV/USD just broke its formation strongly yesterday and it looks like DASH/USD could break its formation today.
UCAD is forming a rising wedge reversal pattern. Price is starting to slow down which gives us an indication that we may soon reverse. Based on previous reversals for this pair it typically makes multiple rejections at resistance before finally falling. This looks like a really good opportunity next week. If resistance holds we will take a short position. I am not...
This two-year broadening pattern from Intel just broke through the iceline to the upside. It's a fairly standard trade, with an extremely solid price target. There is however, one snare. Intel will be releasing its earnings report after the market closes today. Ideally I would want to sit on the sidelines until earnings have been announced, and then move in the...
GoPro stock has seen better days. Hopefully they took a video of them, because it's not likely that they're coming back any time soon. Two maxims come to mind:
Never short a stock that's close to zero. The profit potential for your trade is severely limited.
Be wary of companies who specialize in one specific product. It's only a matter of time before other...
Thank you for your continued support :)
Strategy: Moving Averages Formation
As seen in the chart, the Year-Line, Half-Year-Line, and Month-Line are moving in bullish formation, while the price is currently in triangle consolidation above key fibonacci level of the long term trend.
1st Target: 1.43
The longer BTC is ranging in current tight channel the stronger will be a break out, if it keeps declining to 7060-7040 it will be a signal of bearish "diamond". If BTC is rising to 7200-7250 it's a signal to alternative scenario.
I keep my limit leverage "sell" orders on Bitseven margin trading platfrom, if alternative scenario develops I'll close my orders and...
This is how Sia will play out until BTC halving in late April (notice i say late April?-Why?, well b/c that is when this will spike, we think ;)
-"ATBT2Y" What does this mean?
First to comment on your opinion for Sia, and correctly gues the 6 digit acrynom, with video or chart stating the next few months of SC and reasons why, on above acrynom gets a crypto...
On this pair we got both targets by the end of last week. Price respected exactly our zones giving out good opportunities.
From our prospective the price will retest the yellow zone, probably pushing even higher than the previous high.
we'll watch this pair closely during the week, looking for formation to upside around the neckline N.
Comment below what's your...