Hi all !
this is a weekly bitcoin chart using blx data :)
we are under 128ma and 50ma on weekly for now lets see how closes todays .... anyways deathcross on weekly is evident using this Moving averages i use for bitcoin , also i know about a " future golden cross" on 1day and other timeframes but listen..... first price is above .....and usually will be not...
$ORLY O'Reilly - Looking overbought after tagging resistance last week at $334 with a spinning top candle on the weekly chart. Expecting a retrace near/medium term. Targeting sub-300 by next ER late October. Full retrace back down to previous all-time high would be $291.50 area.
I want to note something obvious when drawing a pitchfork from the beginning of this descending channel . Now I am no technical expert on Pitchforks but it is obvious that BTC -1.25% has hit the Fibonacci zones on the pitchfork in this chart. 100 % was hit today and rejected. So now my question is: Whats next?
A support on the 78.6 % marked on the chart, or a...
On technical standpoint Facebook still a strongest growth engine of silicon valley. However amid controversy of irresponsibly leaking personal data by third party app created concerns for increased regulation by policy makers and demise of trust among users. Investors have been spooked enough to sell off FB and pushing market value about seven percent on intraday...
after the last rejection from the downtrend lin, we now move towards a major make-or-break point.
If we break the downtrend we could see return to the 61.8 % mark, otherwise a fallback to 50% mark is very likely.
As always: No financial advice, just some ideas!
Gold: XAUUSD This is interesting - it isn't a crypto - it's gold but it's making a
familiar pattern with just 25 minutes to go to FOMC data
release...it can go to the upper parallel and fail which mean
dollar strength and it can can do what seems to be
predicting...a bull flag with 2 strikes on the lower parallel =
hot, still even at these levels - which in...
GE Nature of the Beast
GE is a 3/6 stock - it builds in multiples of 3 and 6: 60 all time high, 6 crash low to 33 post crash high. Last cycle high
42. This year's big numbers are 33, 27, a massive break at 24 (last kiss at 23.82) followed by a $6 straight fall to 18 where it
languishes now after a low for the year at 17.48. It really likes these numbers, as is...
So... yeah, This is what i'm hoping for.
BTC Going like crazy and don't look to stop in the next hours wich means money goes from other coins to be on the BTC train.
As MCO following the downtrend i belieive we are going down to the support trend ( green ) and will slow down from there.
The Monaco card & app will be released on 31 aug accoring to Monaco support...
XAUUSD: Gold - was bearish of gold on Friday. Now the wind's changed - completely - 180 degrees due to the Dollar breaking down. This should save gold from further falls as people flock to it as a shinier, safer safe-haven than the Dollar for a while. Worth getting long asap (NY will be too late for this) as Oz opens as the price is so low at 1228 it means a stop...