MacD is about to reverse to bullish indication v soon on all of the hourly charts. On the daily chart, looks like a day or two of bear or sideways trading, and then a very good rally. I'll come back and update when we get closer to the breaking point.
Nice pennant forming on K2F, volume increased slightly last session, could be due for a breakout shortly. Has weathered the US storm well this week, highlights the strong FA behind the stock. Pennant target about 55c.
I am personally not a fan of TRX but i believe there will be another spike in price between today and tomorrow morning, here we have a pennant coming to an end, if we break that top trend line we could see some nice gains for TRX. as always feedback and opinions are greatly appreciated post a comment or PM me, thank you!
Over the past few weeks and months I have been bearish BTC. It was foolish to think that the parabolic rise could and would continue unabated forever. Just before BTC tipped 20k there was absolute hysteria! I had all kinds of people come out of the woodwork calling me to ask how they could buy Bitcoin. My answer to them was simple; DON'T! (At least not at that...
Faster EMAs are about the cross over the 55EMA. RSI and MACD looking bearish yet still holding within trend lines indicating consolidation. Passed through the Fibonacci retracements and speed fan lines like a breeze.
It might be a short break before continuation of the down trend.
Targets: -0.00001042 -0.00001520 -0.00001975 then hard moon
We have a bullflag, which if it executes still does not break the bottom of the cloud. If we turn south from there I see $5600 USD. If there is sufficient volume at the top to get into the cloud following that flag, we go into an 8-10k channel. If not the corrective channel is gonna be 6 to 10K. Of course this assumes there is not some massive manufactured...
Another post just for tracking purposes. Thought it was neat how this fractal is playing out so closely so far. I didn't mention in my first post, but if we were to call this corrective triangle a pennant, then the measured move would actually give us a target around $10,000. Since the bear trend has shown signs of reversing, we could see pushes past previous...
I'm not sure if this is a rising wedge (bearish), a pennant (bullish) or even an ascending triangle. Any comments?
-- Whilst some are micro managing on the 1 hour and 30 minute charts, let’s take a moment and look at the bigger picture. Elon Musk has successfully launched his Tesla Roadster into space on his Falcon Heavy rocket. This is a big deal, as we are now entering into a new era of technological advancements that will take private citizens into space. Blockchain...
Outlook for BTC continues bearish as current failure to break downtrend resistance at $8,4k has potential to put BTC into another bear pennant . Indicators looking bearish on all timezones from 1hr to 4hr and sell pressure continues to build. At this point the best outcome for price action is that a bounce and reversal is found in the A box, which would cause an...
Don't know what to do, maybe I'm wrong. What do you recommend?
breaking the pennant pattern , we might go to the white area and it will be a strong resistance as soon as we broke it it will be our new support and (buy zone2)
We saw a few "breakouts" as recovery from the BTC crash these past few days but it looks like it might be setting up again for another one. These are somewhat small but all this slow rising is great considering the dev is putting out more updates soon after the miami BTC conference and then rebranding on the 26th this month.
After years of battering, the stock found a low >1 year ago. Most of 2017 has seen sideways consolidation with the recent forming of a Daily pennant. There are sector fundamentals behind this too, with recently introduced EU tariffs on steel, which has all but dried up Chinese imports. Thus placing SSAB and other solid European steel producers in a far stronger...
Hello! I ask you to immediately take into account, this is only my own opinion and what it is based on: The level of support at 0.618 broke, after which we fulfilled the retest and went down, we conclude that the breakdown is true. We think that within the next week the price can go down to the support level of 0.768. Also on the chart, as we see a figure was...
Over the past few days THC has seen a pretty constant drop thanks to BTC. However, it seems to have found its footing at about 2100sats and looks like it might even be setting up to breakout really soon. Continue to hold and watch it go, or if its within your means grab some more while you can while it is cheap! However, never invest what you cannot afford to...