major support on red trend can be a cycle maker/ in the below of chart you can see the downtrend cycle is about to terminate//
the falling wedge is bullish reversal pattern and if breached we can see movement to 38% & 61% fibo lvl//
the time line of making new move is clear on chart//
bullish div is created on macd and histo//
good luck and have good ...
AMC has been getting some decent hype with its subscription service, but the company is still far from profitable and not expected to be until next year. Technically the stock is in an ascending wedge pattern, which is bearish and is encountering some heavy, historical resistance levels. In addition, the stock price is sitting near the top end of the wedge channel ...
Want to post this to watch how it plays out. Charts suggest longing INTC and shorting AMD but I'm not sure if I wanna pick up pennies in front of an AMD steamroller so the safer play is swing long on INTC
Steem has a working product and ten thousands of users and their business model is also interesting. They're the new blogger.com and medium.com if we can say. But with blockchain. Of course. So the fundamental factor behind this coin is no doubt, aside of that their team also developing SBD or Steem dollar but we're not discussing about it here. The thing is they ...
We had an overthrow over the bearish ascending wedge that resulted in trapped bulls
We put in a strong double bottom engulfing on the daily
We go short the pullback (retest) of the wedge support
This is a high risk play and not recommended to be chased after.
I would see a long opportunity if this wedge is broken to the upside and when we see a throwback retest that continues upwards to $20.
Silver looks to be showing a little bit of life today with a large bullish fake-out from a bearish pennant. That is price has been dropping consistently week after week with multiple bearish patterns forming. Another bearish pennant finished forming and price today broke to the downside but staged a very aggressive comeback, back above the pennants bottom ...
1-) Price is moving in wedge pattern. If price breaks wedge pattern (upper line) we should wait for price reach the falling trend line.
2-) If price close below red area, there can be sell opportunity.
DEM: Decentralized Exchange Model
Chinese stuff $$$
Pump it!!
First candle above huge resistance
Falling wedge completed -> best target 0.5 - 0.618 fib extension
RSI just leaving oversold area
HUGE BottomFinder Alert
BUY NOW!!! This could be very quick.
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GoodTrade
-CJ-
