This chart squeeze will soon lead to a chart POP. Whether the price will go up or down is anyone's guess. All I know is if you believe in crypto and want an alt trade to the crypto craze you may have found your window of opportunity. If you own no stake in this stock you may want to initiate your investment tomorrow, and built your stake from there.
For all fundamental reasons the success of Teladoc is noble but you can see from this accumulation/distribution chart that someone is heavily accumulating the stock. There are multitude of reasons this could be happening. One super exciting and others very typical of trading in growth companies.
So let's start with my far flung idea. Amazon is pushing...
BTCUSD update: Inside bar formation leads to price spike into the 6431 to 6614 resistance zone. This should not be that surprising if you have been following my recent articles on S.C. and on here. The bearish trend line which was compromised in this move is the first confirmation that a broader bullish move is in progress.
It all started with the pin bar 8 days...
a quick update, since BTC is doint it's boring thing again.
However, interestingly, we have now a similar situation as in early April. The shorts are rising more and more, and will soon be higher than the longs.
In this case, I think we'll see a nice short squeeze, as in April.
I'll keep a close eye on the long/short ratio at Bitfinex. The indicators are...
Litecoin Short Squeeze incoming or further into over bought conditions?
Analysis: Double top in progress with TD Sequential passing a 9.
Level to watch: 136,000
Prediction: Shorts about to get wrecked.
Shorts are ramping up again and a squeeze could be in order. Keep in mind this is a counter trend trade so don't expect this to go beyond previous highs.
What I would suggest is look for an entry in the 397 to 414 range and aim for 580 as profit target.
This is a high risk trade.
Other indicators are also looking ready for a squeeze, it could take another 1 to 3...
Shorters are too greedy in EOS. EOS dropped 30% in the last 24h and too many traders are still thinking it's an easy trade to short EOS. But they forget to watch EOSUSD SHORTS chart. This chart says that EOS shorts are still builing up, but shorters are not able to push the price lower anymore. That's the same situation that happened to BTC on 12th april 2018....
SGYP seems to be setting up for a big big move. The Squeeze Momentum Indicator has been forming a triangle which is now about to close and the crosses in the indicator have been black for some time meaning that a release of the squeeze should be about to manifest. My guess is that spike will be to the upside, and it could go as high as 3.60$ (90%+ appreciation),...
Looks like 0x ZRX is going to pop out of the triangle in the coming days. Looking for it to bounce up and test .000215 sats, then retrace down to .000195 range before continuing past resistance.
20 day EMA looking positive still for the run.
I'm not a pro trader, just going off of what I've been learning the past few months. Definitely not...
In this chart I'd like to show that you can find nice fractals everywhere, because fundamentally markets are driven by human mass psychology and since this mass psychology doesn't change, the patterns also repeat.
But are they always to be trusted? No. One has to look at a lot of different factors and check if the situation now is similar to the situation...
Interesting looking chart with rising volume the last few days.
Might be shorts covering - short interest is high with 20% and might go in squeeze mode since it´s a small cap with relatively low liquidity.
Round bottom looks nice as well as the double bottom (almost.. more if you think of aa supportzone than the previous low)