PVT is negative and hence the direction of the stock (ascending) may be uncertain and might reverse. Watch closely for an ascending or descending trend before investing!
Been out of town and offline with little to no trading/charting in the last week or two. Figured I'd take a look at the daily chart so I can set some longer term limit orders until I get back into trading. I could probably explain this chart, the trendlines, and the unmarked elliot and fibonacci analysis I did but that'd take too long. If you wanna see that stuff...
I'm no pro but in my books DJI looks bad... The S&P500 is no exception as it's following a similar pattern. The worst thing about patterns is that patterns rely on something that has already happened and has nothing to do with what is going to happen. With this said, there has been somewhat uncertainty in global affairs and of course one can't ignore the...
No one can predict what is about to happen Don't be fooled into thinking anyones chart is certain All it takes is 2 whales to cause a massive sell off and liquidate longs Are we gonna burst out of this Bull Pennant, or get a mega dump?
I've drawn on my chart two primary structures - the long-term ascending channel (dating back to 03/25/17) and the shorter term descending channel (from 12/16/17). We've already fallen out of the short-term descending channel in February but touched the longer-term ascending channel and bounced off it neatly. Based on the development of these micro- and...
There is a weekly channel UP on the AUDUSD, The weekly 20 EMA has held for the early stages of the trading week, with a lower than expected retail figures for January, and positive Current Account Numbers for Q4. We await the RBA interest rate announcement at 2:30 Pm today. It is anticipated to remain at 1.50% On the lower time frames the H4 is no longer...
Hello everyone. What i showed in this chart is a clear support and resistance zones from previous pushes and pulls, as well as a big fib retracement showing that we have a MAJOR support line between 765 and 780$. Also, we have somewhat a strange situation upwards, since even though major resistance is high up, between 970 and 1000$, judging by previous resistance...
I see a key date of Feb 19 for a defined trend showing either a bullish breakout at the end of the wedge which appears to be in equilibrium at $8600 or a resumption of the bearish trend seen so far in 2018. Key drivers are FUD feeding the bears and 'a lack of FUD' feeding the bulls (unless another 'Giancarlo SEC hearing type moment' occurs). Perhaps more news on...
The next trend is pretty washed, still we see the original triangle broke and further retrace is in move. One fib level for next zone is shown and should at least be a strong support line.
Hard to tell whether BTC turns into bullish, or into bearish in the next 24-48h... My loose guess is bearish , because - 1d CCI < 10 - 1d RSI has not entered into the lower low zone (30ish) - OBV could not get back to before-dump level contra: OBV has get back to its EMA! if it falls, my guess for the bottom is 9k-ish, if it rise, I think about a kind of...
Many Doji sticks and Sideway Trend, i would wait what time will show us. Maybe Retest of Zone 1 for breakthrough or Backhit to next Zone/ Fib Level. Standing calm for now.
The BTC market is unpredictable, everything in my head says it should have a retracement but my gut is telling me we have 1 more push to go through. To be honest it's a risky trade, you could get a 2k-3k per BTC trade out of this swing but seeing that Coinbase was down when we went to 8k and Gdax was experiencing massive lag you can't be really sure if you'll be...
$CYTR possible resistence. Pop or crash
Gold is making a run towards the 0.382 extension level on Trump fears. Breaking that level, I can see a retest of 1294 in the summer, but only if uncertainty in the US' political future continues.
Bitcoin will take 2017 with storm. The fundamentals is definitely there, and we have a perfect cup & handle in the making. Final Target - 11,000 CNY. Fundamentals: Europe Big political and economic uncertantity in Europe after events like Brexit and the Italian referendum. There's a populist anti-establishment wave going on in Europe and that's really bad...
Political tensions between US and Russia and the uncertainty in the Eurozone affected global markets yesterday. Investors were seeking long positions on safe havens such as Gold and the Japanese Yen. Gold was up $17 yesterday, it has now touched the 1.618 Fib level of the December to January 2017 rally.It acted as a nice resistance and I see the metal correcting...
A few possible moves on this pair for the week ahead. Will trade on the lower time frame.
Being a steemian I would say it's a good moment for a little STEEMBTC pump as the price, Tenkan & Kijun are going to meet, but still there are no signals for bulls. At the time of posting there are no bullish signs even on the hourly charts :-( just watch how the situation is being resolved