Looking for a continuation of MOTS spike up on volume and price target from Zacks of $7. No previous resistance above $7.85, possible blue sky break out imminent. MOTS is a bio tech in GI field and has only been trading for a couple months.
Timeframe: Daily/All History
1- When taking a Fibonacci retracement from the all time low to the all time high we see that a possible front run of the .786 may have happened twice. Denoted by the gray box. If we were to retrace to the 1, we would see $3 litecoin, which, while I would capitalize like crazy, I don't think will happen.
EURUSD, a strong upward trend. The increase in the price of the asset due to the powerful injections of purchases and the closing of sales below 1.2340. We expect the asset to grow to 12410. The analysis is performed using X-Volume. levels using X-Lines.
$XMR looks like it's setting up for a long position.
Falling wedge with matching volume.
I expect it to hit the top of 4HR Ichi Cloud but will be keeping a close eye on it and taking profit along the way.
WAIT FOR CONFIRMATION OF MOVEMENT
Orange lines represent volume profile high density areas which attract price and act as support resistance.
Cyan lines represent important fibonacci points
Purple area shows low volume areas which the price doesnt want to go into, but once in it, quickly moves below/above it.
Current analysis shows 6600 and 7200 areas remain strong resistance/support areas. ...
Bitcoin has been forming a very large Falling Wedge over the past several weeks. We can see that support and resistance levels are bound by the wedge, and that we are nearing its apex. What will happen at the end of this wedge? Considering market sentiment and the current global financial climate, I'd say it's more likely that BTC will break downards. But there is ...
Death crosses, "omg price going to $2800" analyses from people doing this for a living.. I see a different picture at the volume profile and fibonacci support / resistance analysis.
The price has been fluctuating for the past month between 9050 - 7750 range. At these two price points there is a confluence of very strong support and resistance ...
After a huge bearish phase, the price has generated a simmetric triangle that is to be seen as the result of the congestion of the fluctuations. Both R.S.I and Stochastic haven't reached the overbought zone. However, I suggest paying attention to possible bearish crosses in the aforementioned second oscillator. The breakdown of the support or of the triangle ...