Too much uncertainty with the US economy, combined with negative pointing indications. Definitely going down short term. 2 possible rally points for Monday, either the 297 support line, or the next 296 support line. If both of these fall, then it will be a very very very hard climb back up. I wouldn't go long on SPY for a while, just to be safe.
Rough days for SPY ahead. This chart & its indicators are complicated and slightly convoluted; it's not for everyone. I recommend you expand the chart indicators and read the names. Read the chart lines and understand the different indicators & what they're showing. Anyway, time for my trend guess: with the China economy slowdown, the upcoming US inquiries into...
I drew trend lines on the daily (trending up). Noticed price was fairly low and had a buy limit set, right at the bottom of where the wicks are before bouncing up and taking off. Because it sky rocketed fairly quickly, I would probably look for a buy entry close to the bottom of the candle. Possibly this week/Friday. But may have to wait until next week. I have a...
Charles & Colvard Ltd. engages in the manufacture and distribution of moissanite jewels and finished jewelry featuring moissanite for sale in the worldwide jewelry market. It operates through the following business segments: Online Channels, and Traditional. The Online Channels segment refers to the e-commerce outlets including charlesandcolvard.com, third-party...
Bitcoin is pretty slow right now. We're all aware. Why is this happening? Because you're all waiting for the same thing. Everyone is speculating on where it's going to go, and there's no consensus for either. The volume of money going in either direction has shunted quite a bit to represent the divide here. You've got people already in it that won't spend a...
GOLD HAS HAD A GOOD RISE TODAY THE RESISTANCE LEVEL WAS BROKEN AND HAS CONTINUED THE RISE AS SHOWN FROM LEVEL 130.934 TO 135.098 THERE HAS BEEN A PULL BACK THEN RISE PULL BACK THE N RISE BOTH TOUCHING THE SUPPORT LINE SHOWN ON UPTREND THE THIRD PULLBACK DIDNT TOUCH WHICH I THINK MEANS THIS WILL BREAK OUT AND CONTINUE A NEW RISE WAITING TO CATCH ON A PULL BACK...
This analysis is based of fibonacci, moving averages and trendlines. Im long right now as theres a 14ema supp, trendline supp and also a fibo long.
Assessment: Neutral Hold- Going Long. Market Climate: Bull controlled, increasing volatility. Industry: Financial Services Indicators: None Patterns Identified: Harmonic ABCD Macro Broadening Wedge Visa has seen steadily rising bullish accumulation since first breaking out in December 2012. Since then, the security has experienced a change in price...
Looks like it went where I thought it might....for the most part. Buying soon. Mid September
A wedge pattern has formed on the 1hr chart for the EURJPY. Price is likely to break to the upside, but look for a break in either direction. Upside targets are around 119.80 for first targets and 120.40 for second target. Wait for a pullback if breaking to the upside but if breaking to the downside there most likely won't be a pullback considering theres no...
Currently just breaking the wedge and within what I think is an accumulation phase it seems that the next move that #LTC will do is test the monthly level of 0.0122 satoshis. This will be a nice trade if you are able to get aboard just now and hopefully the move will get there, it could also be even greater as it could try to get to the 0.01614 satoshis level...
A mentor a mine said UPS wants to go up. I did my analysis to support reasons why. This is the evidence I found.
Since I am currently in a long trade for a final push up I will not be getting involved but we have a nice double bottom on the 4H and 1H, now at a Risk reward of 3.56 Good luck, if correct im expecting price to test the previous 4h highs and then start to see a reversal in the trend and become bearish. Daily shows bearish divergence and an asceding channel,...
On a technical perspective, price is clearly indicating that GBP could potentially reverse versus the Australian currency, price is respecting the weekly region of 1.7700 with previous daily closing above it, today's daily close could add further confirmation if the candle closes as a spinning top/Doji. technicals are pointing out to price possibly extending to...
After 3 months post trend line break the market pauses before heading higher. the red trend line is my guide toward ATH The vertical lines are the marked halvings for bitcoin. We are in accumulation before the run higher! Thoughts?
Globally, the TRON began an uptrend, now a coin in balance, as part of an uptrend I suggest buying from the lower border of the range. Such deal provides an excellent risk/profit ratio. Buy: 0.02992 (with confirmation) Target1: 0.03341 Target2: 0.03761 Stop Loss: 0.02817 Priority: Bull
My bitcoin price prediction as the above graph, to the end of this year, price is around ~ 10000, you will amazing why is so near current price, aha? I think bitcoin is near the correction, and after correction need some time to recover and gain upside move momentum. My previous prediction in Mar 2018, aligned with the bitcoin trends very well.
Okay guys here's my weekly update for BTCUSD. This week has been a relatively boring one again, no substantial movements and we seem to be stuck in a sideways channel. Keeping the chart as simple as possible, I've removed the trend line as it's no longer confirmed and using my 45EMA and Support/Resistance lines. Here is the evidence we have to work with to...