Almost comical left shoulder returns an accurate trend line which would serve as reversal indicator.
Doom, doom, doom. I want you in my room... Sadly the long-term indicators weren't lying. I pointed out one month ago that Bitcoin is doomed with many charts in the comments here: and this week my most bearish doomsday scenario of $333 triggered So instead of publishing more charts as comments I give you my Bitcoin doomsday dashboard. The only reason why I...
As you can see the Stoch RSI is in oversold area, the Money Flow Index (MFI) looks like it's going up and the Coppock Curve is at a low momentum.All of these correlations don't mean that the price can't fall lower, but it can mean that there is soon room for growth from this low starting point. Interestingly we are at Fibonacci Time Zone 3 based on last Summer's...
Idea: go into the birth of a new uptrend. Analysis: CZK fell sharply for years, only to limit the fall and then move into a flat 2-year range. Then a new fundamental appears on November 2013, the Central Bank will ensure support CZK when it will approach 20 vs USD. (27 vs EUR) so there was a "rock bottom" at 20 that appears. As the HKD or CHF eg. That helped to...
Obviously, Bitcoin's price is still inside a uptrend channel. Accumulation is increasing so far, too. Please also take a look at my other related chart. I forgot to add it as link:
--- UPDATE: Short-term shorting opportunity below 500 US Dollar --- Positive news: - New York Extends Comment Period for BitLicense Proposal: www.coindesk.com - Ben Lawsky: New York Can’t Risk Getting Bitcoin Regulation Wrong www.coindesk.com The risk that the price might fall is even below $550 starting to get lower around $525-$535 Below $490 is a large...
Huge risk that Bitcoin falls much lower than $450. Here is the past value increase trading range and resulting future value decrease possibility in this Bitcoin price channel. Look at the "related ideas" to find more bearish ideas in my previous charts, especially this one:
This is a chart for the Bitcoin bulls. I highly doubt that we are staying in this very old price channel. But if we do - there is room left for a new Bitcoin price increase in the last quarter of 2014. This is my customized version of the very popular chart from emanance (). I changed the upper trend channel line to be aligned with the oldest price peak and I...
GPB is at 78.6% fib retracement area - support area which may hold. Fridays bit disappointing US data, may see pull back GBP to resistance area - 1.7 - RSI strongly oversold being at 10.12 supports idea of retracement to 1.7 key very psychological level for GBP. worth noticing is that last week was 4th in a row of correction in GBP. I would be looking to place...
There are two possible scenarios: 1. Go back and retest the trend line breakout and the August Monthly pivot around 1.6970 after that continue down to the second missed monthly pivot and the yearly pivot 1.6000. 2. Break below the lows and second entry at 1.6800.
There is a very obvious pattern which has been marked by green, red trend line and 1,2,3,4 numbers. On weekly price chart (has less noise) is much easier to spot it. Please take zoom and have a better view for compare. The new up trend might appear even in late december. By that time there might be horizontal trend. We have 160 days to test whatever the blue long...
IF A COMPANY HAS CONTINUED GROWTH IN A CHANNEL WITH FLAWLESS STRENGTH AND A NICHE MARKET FOR A PRODUCT USED AS NECESSITY IN AN ECONOMY STRUGGLING TO FIND PRODUCTION YET PRODUCE OIL AND GAS WHICH IN TURN GASOLINE RISING AT THE PUMP AND CORN BASED ETHANOL OUR ATTEMPT TO GO GREEN IN A DIRTY BLACK FOSSIL FUEL LOL. THE GOVERNMENT MANDATES A PERCENTAGE IN EACH GALLON...
More upside in the second half of 2014 (min 1.40) -> Followed by a decline in 2015 (min 1.20),
Curious about the effectivness of the rebound we could witness last year after the $260 bubble recovery. I waited so long to finally see how it could be genius, sorcery or just plain luck... The wait during 6 months was worth it. Ichimoku turns out to be a genius indicator ! (protip: it's quite effective in 4h and 1d charts btw) If the price tends to stay over...
AAPL started 2014 and ~ $553 before tumbling to $499. A lot of investors, included myself , though AAPL was the new Microsoft, a juggernaut incapable of coming out with "innovating" products. 28.9 % later , AAPL is silencing its critics. last quarterly earning report was excellent : -> $11.62 vs. $10.21 -> Revenue up 4.6 % -> iPhone sales up 17 % And now the...
Following current trends I want to call a price somewhere around $118 going into as far as 2016. It really doesn't look like this company has any more room to grow and a fall in share price is coming. I have a feeling IBM will gain a bit more, possibly testing resistance again up around $205 making a good area to get shorts in. The resistance arcs are more for...
Make sure to pay attention to the Volume as well when you consider buying. There is no reversal Candle in sight so far and the preview Earning showed strong increase to the stock. It's a potential long buy too.
With an eye towards symmetry, harmonics and scale how about this very-long-term outlook for SPX. If what I think is wave 4 (starting now) bottoms around 1700 and a new advance begins we might see the top at around 2340 by around the end of 2016. Of course you can all send me a winning lottery ticket if it happens. < :-) What's on your mind?