EURGBP is bouncing from multiyear support and cyclically speaking, we may see a recovery at least back to the upper side of a range.
EURGBP hits multiyear support and it’s trying to wake up away from the lower side of the range. Even if the price will stay sideways, it can rally back to the upper side of a range, especially if we consider monthly...
This is the weekly view of ITP. With a float of less than 25 million shares, and around 25% of them short, this chart looks primed for a short squeeze. Today, volume was about 5x the recent average, and was close to double the overall float. Based on the weekly chart, the next level of significant resistance is around $1.50/share. The stock closed at the highs of...
Looking at this form a pure technical perspective, you can see price approaching multi-year resistance. A rounding bottom turned to a flag by forming a series of HL (on shorter TF) and is now sitting above the Ichimoku Base Line, Two targets here.
I recently read a comparison made by Tuur Demeester in which he described Bitcoin, in its current state, as essentially shaking off the barnacles of zombie ICOs, similar to how Amazon had a boom and bust during the tech bubble only to arise from the shadows of Pets.com and other vaporware to become the trillion dollar company it is today. If one subscribes to a...
XRP LONG - multiple confluences. first - the use case. XRP is rocking and rolling, and beating to the sound of their own drum. fundamentally, they are one of the most motivating companies across all spaces. positive news is released daily about this particular asset class.
technically - many areas to focus on. the liquidity pullback and retest is a clear sign...
