Initial Target by Apr 14 = 99 Target Range by 5/20/2022 = 108-116 Upcoming earnings as a catalyst. Bullish Momentum for pre-earnings run up. Kept the chart simple but a lot of bullish aspects at play here, to name a few: - ready for markup coming off an accumulation phase - completes wave 5 correction apprx. .786 off the highs last June - if you look at the...
Let’s see if this RF at 15 mins can develop into a completed RF at 2-4 hour intervals. Target 1 4600, target 2 4650 Has trendline support here at old resistance that developed during pullback, rsi over done to downside near term look for it to retrace to its own moving average and the stochastic to begin cycle up from here. Those mechanics will move the price...
Too often I see crazy posts following a “big” day.. if it’s really green on a single day bulls are projecting Infinity & Beyond by end of week or whatever; if it’s red on a single day bears are shouting out doomsday predictions. It’s actually not so exciting. We had a range and technical break which I posted about recently, nothing has been invalidated - target...
Still bullish til 473, calls for a discount if you’ve got the stomach. This could go horrible or it could go brrrrr
For this trade the reason i took it is 1. it is bouncing off the bottom of the channel, 2. it it following apples up trend. 3. macd is showing signs of reversal momentum. 4. RR is entry 150 stop 146 and target 180.
Note: fun forecast!!! ---> Not Financial Advice!!! <---
As we can see COMP has been in a bear market since mid may 2021. Having reached a support zone always respecting the major weekly trendline we could se a pump and consequent break of the triangule structure. RSI and MFI at low levels showing possible reversal of the bearish pressure. Yellow zone marked on the graph is a possible Fib retracement zone The project...
GBPTRY is a great trade as always, even better when traded with 0.0 pips spread and NO swap fees. On topic - looks like an inverted head and shoulders pattern on this time frame and may rise up quite nicely today, tomorrow, toy Yoda. Or it would fall under the descending triangle pattern and slide back to where it came from. Let's have a look-see. This is just...
As we can see FIL has been in a bear market since april 2021. Having reached a support zone always respecting the major weekly trendline we could se a pump and consequent break of the triangule structure. RSI and MFI at low levels showing possible reversal of the bearish pressure. Yellow zone marked on the graph is a possible Fib retracement zone The project...
Fantom Foundation - The core of the new internet At the end of Q3 last year, FTMs fundamentals strengthened as infrastructure projects started to line-up and grew my interest for it. After standard checks & DMOR, along with a nice EMA setup, first entry was made at the end of September and position was strengthened through regular cost averaging. Happy with the %...
I beleive today's green candle is a dead cat bounce amd expect the market to correct lower in the near term which is healthy. The Trend is quite exhausted and the Money flow above avarage moving down. Futher evidence on chain suggest that money is flowing into BTC from other coins. There is more evidence that suggest that moneyflow into is less likely to sell the...
Good day to all, Here is my take based on what I see on the 1 D using Heiken ASHI. Switch to normal candles if you wish. 1. There is a drop in excitement on the emotional index 2. The notable rise in Shorts has flattened out and Longs are gradually increasing 3. Price vs Market Cap (Overall Market) strength indicates money flowing currently out of BTC 4. The...
Just a hunch. There is clear divergence between the Money Flow and price with Money flow increasing strongly and price projects downwards. The daily trend is also moving down from an exhausted level. Looking at the excitement in the market and the market cap strength vs price increasing it seems that BTC is setting up for a short move soon (creating a short term...
CHAMBLFERT has been in a good uptrend. This is not a financial advice and I am not an experienced trader.
Good day to all. I observe the following on the daily. 1. Emotional Index is Excited 2. Shorts are declining and so are longs 3. Trades in favor is high neutral favoring shorts 4. Institutional Smart Money is still buying and will most certainly short the move up. 5. An exit point or short indicator printed 6. Death Cross still in place. 7. There is not...
ANY/USDT looks that it broke the bearish trendline on short term but it still needs a high volume for confirmation so breaking the bearish trend line is just a sign to place it in the watch list zone take care:)