Hello Traders! Today’s chart update will be from the Canadian MJ sector – ACB which has recently had a bull reaction from local lows. Will ACB have enough momentum to break key levels? Points to consider, - Trend Bearish – consecutive lower highs - Local resistance to break (.382 Fibonacci level) - Stochastics in lower regions - RSI coming close to apex...
Hello Traders! Last Day of the decade! Bring on 2020! Today’s chart update will be on LTCBTC which has broken a key technical level and has consolidated- S/R Flip. A confirmed trend change will come to fruition when structural resistance is broken, Points to consider, - S/R flip - Strong structural support - Strong Resistance to break - RSI respecting...
Hello Traders! Welcome to another update, Today’s chart update will be on ETHBTC which has put in a potential new higher low, possibly changing the overall bearish trend. Points to consider, - Probable trend change coming to fruition - Local support respected - Local resistance yet to break - Stochastics in lower regions - RSI hitting resistance - EMA’s...
Hello Traders, Quick Update Today’s chart we be on BTCUSDwhich is testing a critical support level Points to consider, - Trend bearish - Major support being tested - Stochastics in lower regions - RSI approaching oversold - EMA’s giving price resistance - Volume needs to increase BTC has put in consecutive lower highs with no clear sign in trend...
Hello Traders! Welcome to another update, todays chart will be on NEOBTC currently resting on the .50 Fibonacci level, will bulls have momentum to push NEO further up? Points to consider, - Trend change attempt - Double bottom as local support - EMA’s giving resistance - Stochastics in lower regions - RSI bouncing of support - Volume clearly declining A...
Hello Traders! Welcome to another update today, this time on BTCUSD daily timeframe On the daily chart we have very clear levels that need to be watched in terms of support and or resistance. Bitcoins next move will equate to either break of support or a break of local resistance - $7800, a very key level. Points to consider, - Trend bearish - Local...
Hello Traders! Today’s chart update will be on BNBBTC, testing a strong structural support which is in confluence with its long term trend line. Will BNBBTC respect this technical level? Points to consider, - Trend Bearish - Structural support being tested - Structural resistance needs to break - Stochastics in lower regions - RSI oversold - EMA’s giving...
Hello traders!, Today’s chart update will be on BTC CME Futures chart which has just put in a new gap that will most probably fill sooner rather than later. Points to consider, - Trend hitting resistance, .618 Fibonacci - .382 Fibonacci is local support - RSI in overbought territory - Stochastics in upper region - EMA’s yet to meet price - Volume below...
Hello Traders! Today’s update will be on ADAUSD, testing a critical level as it comes close to its apex, a move is imminent. Points to consider, - Bearish Trend - Major weekly support being tested - Local resistance to break - Stochastics in lower regions - RSI respecting trend line - Volume declining - EMA’s giving price resistance ADAUSD has been in an...
Hello Traders! Welcome to another chart update, Today’s chart will be on Stratis which has broken a key structural resistance level, now potentially support upon a retest. Will Stratis continue with this bullish bias? Points to consider, - Daily trend change - Key structural resistance broken - Stochastics trading in upper region - RSI in upper region...
Hello Traders! Today’s chart update will be on BTC after its pump, which has put in yet another lower high in the trend. Will this S/R flip hold BTC and break key resistance line? Points to consider, - Bear trend still intact - S/R flip coming to fruition - Key resistance line to break - Stochastics in upper regions - RSI in upper region - EMA’s turning...
Hello Traders! Today’s chart update will be on BTC which has a probable bullish divergence as price travels close to its apex. Will BTC respect its uprising trend line in this regression trend? Points to consider, - Trend in control by bears - Structural Support to be tested - Resistance retest confirmed - Stochastics in lower regions - RSI respecting...
Hello Traders! Today’s chart update will be on IIPR – Innovative Industrial Properties INC where bulls are attempting to put in a new higher low, a trend change may be coming to fruition. Points to consider, - Potential new higher low - Structural resistance needs to break - Support in green zone - RSI respecting support - Stochastics projected upwards...
Hello traders! Today’s chart update will be on LTCBTC which is in a daily down trend with clear resistance levels to break for a probable trend change, a key level to watch will be the 200 EMA. Points to consider, - Clear bears in control - Structural support being tested - Local resistance is the 200 EMA - Stochastics in lower regions - RSI respecting trend...
Hello Traders! Today’s chart update will be on CGC – Canopy Growth Corporation, a potential inverse head and shoulders could be at play in this strong downtrend… Points to consider, - Bearish trend with consecutive lower highs - Neckline as major resistance - Support provided by the EMA - Stochastics in upper region - RSI in rising wedge - Volume increasing...
Hello traders, Apologies, been under the weather the past few days, but now I’m back! Today’s chart update will be on APHA – APHRIA Inc – Canadian MJ. Which has been in a brutal down trend, but there are signs of a possible reversal… Points to consider, - Trend Bearish - Support at $3.90 Region (double bottom) - Price testing resistance - Stochastics...
Hello Traders, Today’s update will be on BTC CME Futures chart, Bitcoin broke out of its rising wedge over the weekend creating a gap. Gaps tend to get filled sooner than later, but will BTC hit lower levels first? Points to consider, - Trend testing major support - Resistance at .786 Fibonacci - Stochastics in lower regions - RSI approaching support...
Hello Traders, Hope all is well!, Today’s chart update will be on LINK with an impressive parabola, will bulls have enough momentum to retest staunched resistance, which has recently put in a triple top? Points to consider, - Trend bullish - Strong resistance - RSI neutral - Stochastics projected up - EMA’s giving resistance - Low volume Link is in a...