This is a big picture chart looking at resistance and support levels.
The vertical lines mark events.
1st red line is BCH fork.
Next blue line is the start of the first LTC spike
Followed by the green top of the LTC spike.
Then 2 more red lined on the BCG and failed 2X fork.
These are followed up by a blue line 1 month after (same time frame as before) which...
Not super confident on this set up, thus the tight stop.
It may consolidate for a while or just fade.
looking for a spike that forms the double top.
If fail I will wait for a short set up to fill the gap.
29th of November, 2007 - bond market experiences a flash crash which is quickly bought up by the FED in an effort to prevent widespread debt defaults. Worked for a few months only for companies to begin defaulting anyway, probably through a series of realized margin or interest spike risks. This is what caused the financial markets to implode in 2008.
I predicted that the price will reach beyond 1.005 before the trend reverses from the 3-month supply zone but definitely not expecting this kind of movement.
It is very irresistible from shorting USDCHF whenever it surfaced above 1.00.
What probably has made it even more attractive is the double top pattern formed around 1.002 with its neckline at 1.00, and the...
COINBASE:BTCUSD Is acting as always in algorithimic patterns.
So far I see similar construction from the first breakdown. Making me lean to another breakdown making a "BART" Simson on macro chart of 1week.
Considering the current movement of ETH BITFINEX:ETHUSD, I assume that we are going to see a spike in the price of the cryptocurrency between 14.11 and 17.11, with the chance to reach the price in early September, when the token was around 300 USD.
I am not a financial advisor, nor a professional trader, and this is only my personal idea about the current ETH...
This pattern was shown to me by Liz Ann Sonders in her publications at Charles Schwab, which are available to all of us via Schwab.com and her posts on Twitter.
What you see here is when longer term (3-month) VIX ($VIX3M) drops to a fraction of front-month (1-month) $VIX, it can signal an extreme shift in demand for short term options, which has shown us time...
The last big and weird trend formation which ended in a heavy and fast drop looks like done already, If not bearish anymore then bullish and Bitcoin wont stay 6ks forever then maybe and doing a massive inv upbart (marked with DOGE).
For this scenario a retest to 6109 or even 6k is possible, like the final retest
The best time to buy VET is now! It looks extremely good.
Triangle has been forming since 18. Aug and we can now expect a huge spike up in upcoming days. It is just a matter of days. Be patient wait for a few days and you will see positive results.
It also depends on BTC which has "quite" calm these days and that is why almost all altcoins are flying and...
Just a quick technical update on T-P-G.
T-P-G has seen a massive bull run off confirmation that they are in talks with Vodafone over a potential merger.
Shares jumped 20% yesterday, followed by around 15% at the start of the morning today (23/08) then a reversal back to its original starting point of the day @ $7.75.
As the price has reversed from a...
LTC looking like beginning a new curve in the longterm uptrend. But pay attention, because last time it did, it dumped just a moment before to immediatly come back to its BTC price base & then began its SERIOUS uptrend (last green zone). Next one should happen this month and will maybe do some moves right before again. BUY and SELL zones are market and with...
Stellar BioTechnologies is a company that sells a good product...but it is only marketable to a small customer base. It would be interesting to see how the price of this stock acts relative to it's customers' orders. And I added a time-fib and the moon phases indicator...I don't know why it wouldn't be an obvious pattern of movement on this stock. It has some...
Looking for a continuation of MOTS spike up on volume and price target from Zacks of $7. No previous resistance above $7.85, possible blue sky break out imminent. MOTS is a bio tech in GI field and has only been trading for a couple months.