See chart. Note: PRICE MUST BREAK RESISTANCE AT $17.47, IF IT DOES NOT the stock may consolidate in that small range or fall.
If a breakout is confirmed, at the very least I would expect UA to fill the gap between $21.4 and $24.97.
Oversold on the RSI, Stoch RSI has bearish cross. Forming an inverse head and shoulders pattern. Hold off on buying for a couple weeks and watch for the shoulder to form. I'm hoping for a dip of about 10%. Remember, with another crypto bull market beginning to form, pumps can happen very quick, so watch closely! Or, buy now and stay on the safe side, we will see ...
Inverse head and shoulders forming on the 4h time frame with a break and retest of neckline occurring.
4h also reveals the formation of a higher high
On the Daily, there is bearish convergence on the RSI, signalling a trend reversal to the upside.
Price on the Daily has also rejected the 61% fibonacci previously and has done so again. This is also reinforced by ...
We are officially above the neckline on the 4hr chart!! And with only 4 minutes left to go before this 4 hour candle closes...we may actually close this candle above the neckline! Very exciting time to be invested in btc! Now remember folks we still even if it closes above the neckline on the 4 hr chart are going to need the next 4 hr candle to close above it as ...
Hello Friends & Family, Ladies and Gentleman
Tomorrow... we are going to witness, the most anticipated match in the history of crypto trading for the heavy weight championship of the Woooorld! In the blue corner, we have BITCOIN, up and coming super star with a record of 10 wins and only 3 losses. In the red corner we have THE reigning, undisputed champion of the ...
When BTC spikes and drops in value many coins suffer and never recover. DigixDAO's purchasing power continues at a steady rate regardless of December's BTC peak and responded inversely to BTC's crash in early january and late February.
This is how BTC messes your with your head...
Something tells me some whales will push the price to the limit of the bottom of the uptrend channel. Making the last weaker hands let got of their precious BTC before the bullrun of our life...
CEXIO:BTCUSD has slow transaction times, expensive fees, and limited functionality compared to many altcoins. I must admit, however, that CEXIO:BTCUSD largely dictates the market behavior of nearly every other coin. If you're like me, you've seen your altcoins bleed out to CEXIO:BTCUSD as it is making its latest bull run. But why is this? In this longer ...
On the 4 hour chart we can see a clear inverted head and shoulders pattern has formed...it needs to go above the thinner grey line to break the neck line in order to be valid, but even then, we need bullish confluence in every key indicator (rsi, stoch, mac d and especially Volume) to validate the pattern. To break the grey neckline we will need to get above ...
Reasons to buy:
1) Inverse H&S at the bottom of a downtrend
2) Bullish 1H Divergence
3) Forming a descending wedge after a strong push up
My personal details:
Long @ Entry: 1.1547, SL: 1.1500, TP: 1.1685
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 ...
If this doesn't look like a #proshares inside job, I don't know what is. Everyone lost huge, even though we are seeing VIX decline today. Noone deserves this. Lawsuits soon for sure, especially due to the fact #proshares decided to resume trading, unlike XIV. What a mess.
Textbook inverse head and shoulders so we could be seeing a retest of the 118.00 levels as a first longer term target. With the DXY having reached 3 year lows we could potentially start seeing it correcting, or even reversing to the upside which in terms mean a rise for this pair.
We can also see a nice flag formation which could be towards its end.
My personal ...
