ADA has the makings of a Bull run this summer/fall. This pullback is creating a solid foundation for a spring forward. I see a lot of what I've Liked in other coins in ADA. But most coins lose their stamina around this time. They get a good pump and then they become part of the system with an ATH & ATL. Their still solid money makers but I like a little volatility...
Been watching LTC all year. I was happy to see a sell sign on the daily in march and hitting 80. Now we are back on track to reclaim our rightful spot as BTC's silver. Summer is around the corner. People have been cooped up for months and will want to travel. Crypto prices historically go down at this time. But, if covid 19 remains a factor that keeps people in I...
The price has almost reached the last static support placed at about 2.56 $, after it there is a gap of 30/50 cents that could be covered in the very short term if the level just mentioned was broken downwards. The main trend, so far, has been reversed: technically the EMA20 and 200 periods on medium / long term tf are above the price and this means that the trend...
Summer is a period when many investors and traders go on vacation. Accordingly, trading activity is reduced sharply. On the one hand, this leads to a decrease in liquidity and the emergence of the so-called "thin market", where even relatively small volumes can lead to serious changes in asset prices. But on the other hand (and this is a more general practice),...
Legs seems repeating, all in all view it looks like a bear flag, would be logical to stop at 5200, some fibs also matches 5200 zone. In my opinion we totally are not in the bottom yet, if u check previous bottoms, after reaching bottom we should bounce at least 400$ and continue to grow for the next hours. As current situation 5900-6150 looks like a dead cat bounce.
BTC/ showed weakness after breaking multiple trend resistance lines. After the bullish move we saw a few weeks ago where bitcoin broke the longterm trend resistance, everyone was hopeful again. Nevertheless, we are now testing it as support at a much lower pricelevel.
I expect the bear trend to continue during this summer to finally look for Queen trendline.
Back to the basics with this one. RSI and MACD are forming bullish indicators. Price is consolidating nicely and should continue to test the upper resistance. If it breaks through I'm looking for big retracements. We've seen similar huge leaps in price so here's to hoping history will repeat itself.
I'll keep updating as we move along.
as we enter Summer in the northern hemisphere we are able to identify some important SUPPLY and DEMAND zones, shown in yellow and our usual Gann fans, Fibs, wedges/triangles and our trusty RSI showing us possible paths
it has been shown to me and few others every 6th of the month has been a major pivot point, so will this come on the 6th of June...
Has been consistently beating on earnings report, and it's looking poised to go on a huge bull run this year. Gains will occur this season, summer it will be a bulking phase, carbs are welcome at this time. "If you can't handle me when I'm bulking you don't deserve me when I'm cut." Can this stock double and hit 5? it's a possibility and a high one
Summer supply has seen record surplus with demand from the top 3 oil consumers wane as producers race to market but how long before an upset impacts the market? Counter trading the price of oil provides measured risk which can provide opportunity for a quick trade.
To read more or how to trade this...
I wasn't convinced about the crypto bubble till recently. I went and looked at the last few summers and there's always a bubble when students get out and then it fades as school becomes more serious. Fits some of the crowd I think.
Anyway. I looked up the stages of a bubble and felt these looked pretty accurate.
What do you think?
S and P 500 Vs Dax and Cac. Both Europeans have made major breakouts today and have over 400 points upside in them over the Summer with great charts. They're going to continue to outperform the S and P now with the French election is a foregone conclusion. Don't stand on the sidelines. Follow it before it's too late!