We've been in this disgusting descending triangle for the last few candles shown. This is news for all you bears out there, in the short term we're looking at some decline. Candle touched the descending line at the 0.618 fibonacci retracement and was rejected hard, you can see where with the red arrow on top. Stoch RSI is overbought and we're on a decline there as...
It seems bullish, though that ascending pattern at the end could be a bearflag. Stay tuned.
THIRD WAVE IMPULSE OF PRIMARY WAVE FAILED. SO WE WILL BE HAVING AN EXTENDED CORRECTIVE WAVE. A SMALL BOUNCE BACK TO 0.5 FIB LVL 0.09% IS POSSIBLE THEN FOLLOWED BY THE LAST CORRECTIVE WAVE WISH LANDED AROUD THE 0.786 FIB LVL 0.09% . NOT FINANCIAL ADVICE. STAY CAUTIOUS
I'm backing this move with leverage. Will it make money? Let's see! If it does I'll double down for drive 5.
Recently, we fell from a rising wedge, we are currently in a falling wedge within a channel and sustaining, short term up trend to maybe 8,650 then looks like apparent doom to 7k and hopefully we bounce off 7k for new highs to break top trend line.
What do you guys think? Short term seems bearish for aion.. Looks like Aion is struggling to get passed the middle boll band. Looks like we might test the lower band support. longterm bullish for aion
This stock definitely has been on a consistent down trend, and on the 5 year chart has been trending relatively sideways as of late, however - we recently hit a 52 week low of around 2.70, and are now seeing a rebound off of that. based on a decent amount of time watching this stock and giving it my best effort to understand SN - my hypothesis is that we will see...
It's all in the charts... BTC was lining up to bounce at the Trendline / Fibline pair. Refer back to older post. We now have 4 green Daily Candles in a row after matching up with my mark perfectly.
shift is def a sleeping giant. I have no idea about the fundamentals of this coin. Meaning i have the slightest idea what the company and development team behind this one or many of these coins do. I just analyze the supply and demand through the chart. anyway seems to be accumulating here. 4 hour rsi is either showing a wave 4 going into 5 or...
An Idea of what is bubbling in Bitcoin for the short term. invst.ly This link goes to a simple usd chart that i really like so far because Simplicity is perfection.
Higher lows are being made on USDJPY. DXY (dollar index) has been regaining strength after losing strength for several months now. I do believe temporarily DXY will reverse temporarily until certain key levels are broken to fully confirm the trend reversal. Key level(monthly support) 106.00 is holding strong and unless broken i do believe it will hold and we will...
The price is so far following the prediction made on 3/15 - I modified the pitch of the arrows slightly since the 3/15 post because they were a little steeper than the price was following. I'm trying to improve upon that going forward. We'll have to monitor to see how the bounce plays out, but I think we'll retest the uptrend channel and most likely follow the...
Bitcoin fell 85% from it's previous high in 2013. I don't think it will go quite so low this time but it wouldn't surprise me. Let me know what you think.
Hello everyone, I hope you are having an amazing day. I'm here again today with another TA on BTCUSD This is a not so long TA, it just shows the 2 'main' wedges on BTCUSD. I expect price to be denied at the top yellow line at about 8.6k then make it's way to the blue box. The targets I've set are the white boxes, which are the end of the smaller and bigger...
Quite frankly, we are at a key level on BTCUSD. I am 70% LONG on it due to this TA, but if we fail to break upwards we are heading for $6,800. 3/19 I would like to see us just shy of $9,900 4/5 I would like to see us between $12,200-$12,500 If we come to $6,800 on 3/19 then we will have formed a double bottom from February's first week . This would...
We can see on the hourly that a bearish pennant has formed quite nicely - with 3 touches on the upper trend line and 2 now (awaiting this hourly close) on the support line. NB: trade will be negligible if candles fall outside of the pennant. That said: 1/ Long from support line to overhead resistance 8.25k (if feeling risky, 8.4k) - this has nice confluence as...
Now it's not just about TA. We have to wait for G20. Let's hope for good News. But I think soon we will get back to where we came from. 20k. But this will take some time. Short term BTC will fall. But after it gets Support it has to break the heavy heavy resistance line in the triangle. If it breaks out, be careful at 12k. After it passes 12k and 13k you can be...
Fibs and major trendline line up at 7500 possible bounce also being supported by the weekly 50sma. Next levels for bounce under 7500 are 4500 and 2500 imo.