Hi Beautiful peopleeee on the weekend!!
Looking at the Daily BATUSD chart, you can see BAT did break big red trend line to go upward. It came with strong bullish divergence on MACD and RSI as well as the price currently stay on top of 21 daily EMA which is bullish sign.
From these reasons, I see a opportunity here to go long with a tight stop loss around...
It's all in the chart.
My theory is that there is a possibility that a repeat of the previous macro rounded bottom is happening right now. XRP technically is at the verge of massive upside; it is immiment, especially as BTC trends sideways and even downwards in the coming couple of months.
A rounded bottom has a very clear target if and when it...
Possible rebound after the price has reached the Fibonacci level which is very close as a value with the 20 days Moving Average.
If the fast line of Stochastic will cross the slow one, it can be considered as a confirmation of this scenario.
All eyes on the Powell`s speech tonight!
Those are the resistance areas formed by Fibonacci retracement, psychological prices, pivot points on large TF's and ichimoku lines.
While bearish on the short term, there is a bullish on the long term bias, expecting a future break to higher (out of chart) prices after going to 9,200$ (the lower part of the triangle.
8,500$ would invalidate the hypothesis and...
Welcome to another idea on Bitcoin's long-term cycle.
The main observation I realized today was this:
After testing the top of the Monthly Bollinger Bands for the first time, Bitcoin enters a long-term bull-market and keeps hugging the upper band until the end of the parabolic rise to new ATH.
We're at that now, almost exactly like August...
Resistance Levels : 1.1500, 1.1405, 1.1280
Pivot Level : 1.1100
Support Levels : 1.1100, 1.1025, 1.0850
a) long positions above 1.1100 with targets at 1.1280 & 1.1405 in extension.
b) below 1.1100 look for further downside with 1.1025 & 1.0850 as targets.
MOG.A dropped 15% in 2 days, after beating earnings, revenue, and reaffirms FY19 EPS guidance.
Analyst lowered price target from $102 to $92
OBV did not fall below it's high since late June.
RSI(10) @30.5, not wanting to go into oversold territory.
If the stock market rallies tomorrow with the fed announcement...
Here's another update on Bitcoin on the Weekly Chart!
After completing the flag pole in June, Bitcoin may be in the process of completing the bull flag structure as it continues downtrending to $8.5k.
A simple extrapolation target of this bull flag sets Bitcoin at $18,200 in mid-to-late October 2019. This is inline with our ultimate EOY target of...
Welcome to another macro TA on XRPUSD.
This may be an unpopular chart as it shows very boring movement this year 2019, even until late March 2020. Many weak hands to be shaken off out of despair from a seemingly lost investment. Many in the process will lose faith in XRP as Ripple the company continues to shine with no price appreciation for XRP....
Another of the IPO's I really like this year is CRWD, they will report earnings for the first time this Thursday.
Most analysts have a buy rating, with a price target 90$-100$. Meaning 12.5%-25% potential upside.
I am back with updates. Bitcoin once again is within a quite important range (between Monthly and weekly PivotPoint, yellow and red), and also already once failed a breakout attempt. Tendency from here would be simply more down then up, knowing that this is not really tradable right now, due to the fact we all know Bitcoin has alot of surprising potential....