With the entire alt-coin world stuck trading sideways while Bitcoin goes looking for NASA's Hubble telescope, alt-coins holders are wondering: "when will it be our turn?" We can look back to Dec 2017 where Bitcoin hit its previous ATH @ $19.7K to determine when Ethereum (and co.) got their shot: a month after Bitcoin took off. The similarities between ETHBTC then...
Within the current growth channel, we can project where the the median price point will be where the upward pressure exhausts (around 12/25/20); based on how the center Bollinger progresses from there we can then use the fib extensions to determine the range of outcomes. Within each given window: Upper estimates have 1.618 up around $975, 1 around $865, and 0.618...
I am still in this sh!t coin and I still think there is a chance of hitting $1 (how and why we will do it - I dont know, I have zero confidence in any of the macro behind it because there is none). However, chart shows we had a very healthy and normal retracement to .618. It also shows a bit of a "rectangle" shaped range that we formed with yesterday's top...
Good morning again ladies and gentlemen and welcome back to my daily look into the King of the charts... Bitcoin. Today I have the 1hr time frame pulled up mainly because its been likely months since I have shared a 1hr chart. There are reasons for that. I appreciate the larger time frames and base most of my trades off of the 4hr and daily. But the hourly is...
EUR/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing push back down below our upper rayline followed by a tight flag and then I'll...
As Bitcoin pushes an ATH I am curious as to where all the Perma-Bears went? Guess they are asking Santa for a time machine to go back and buy Bitcoin. None the less as Bitcoin confirms bullish action above 20k the question is where do we go from here. In the immortal words of Oogway "I don't know". However technical analysis and market sentiment can provide...
XRP/USDT consolidating and price action preparing for a level 3 (low) move before the reversal upwards to the ATH . On this daily chart , we can see the high at level 3, the first consolidation at level 1 and second (small) consolidation at level 2... Current price action is at level 3 where the following is observed Using the 1Hourly chart, we can see: https://...
Hello dear traders. Congratulations to everyone who carefully read my trading ideas, who followed the levels closely and what I wrote, namely: Level 19650 on 2h TF. (If there is an impulsive breakout and squeak on this timeframe, it is definitely a long position until the update is 20,000 and 20,500. Trading idea ___For those who do not know which...
======================= Walcott Resources Ltd. (WALRF) Alert Price: $0.3328 Technical Analysis Company Website | Recent News The Outlook for Gold Stocks Has Never Been Better If investors were to dream up the perfect scenario for gold stocks, this is it. Whether you're a new or tenured investor, this has been a challenging year. The coronavirus disease 2019...
ZK International manufactures pipes, tools and devices for water. Since 2018, ZK International has been working on a research project to create blockchain systems, which they call xSigma. They are now composing the Blockchain system to focus on the supply chain and the Internet of Things. There are practically no competitors in the blockchain market, industrial...
AUD/CHF: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper rayline and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen...
This looks good. ETH is above 89MA = bullish. Short down to 506 or go long from around 506, or both; it could be good if it stays in this range. Given bullish trend, it could breakout to the upside. Or none of this may happen at all. ;)
SPX tracks the FED printing. Market has it's fractals of course, but overall this tracking is pretty tight. None of the FED money appears to be getting into the real economy. It did so when the stimulus checks were cut, showing as a small upswing in the M2V. This is not meant as a market timing graph, just as an overall graphic of the current situation with risk...
Short the red area, SL: None Leverage 1x Tp: 2.20
Please consider your own interpretation of Opportunity & Risk: NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED. DISCLAIMER: This analysis is for reference and learning purposes only. It is based on my personal view in the market from a technical analysis standpoint. None of information posted in this chart can be used as investment decisions or investment...
Please consider your own interpretation of Opportunity & Risk: NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED. DISCLAIMER: This analysis is for reference and learning purposes only. It is based on my personal view in the market from a technical analysis standpoint. None of information posted in this chart can be used as investment decisions or investment...
Quick update on Mc Donalds! NYSE:MCD Because of the price movement this morning, i decided to open a long position in mc donalds. The wave 4 correction is very likely over and we will start our journey to prices of 250$ or more. Primary scenario: In the next days and weeks we will see a solid uptrend, wave 5 should bring us to atleast 250$ From there we...