Looks like we got ourselves a nice bullish jump as expected.
1D: For now we see a comeback to the ascending trendline that start on may 14th. For now today's and yesterdays candle stick patterns combined seem to show a trend reversal. Why? because today was a good day and markets we're pushing prices up, but also because the candlestick pattern shows us a...
Trade safe, stay safe!
I'm purely a beginner in technical analysis. Please hit like, follow if you like my ideas or place a comment if you wish.
Any of your feedback is my motivation to keep going and to learn more about Technical Analysis!
Hi there, here's another idea on Wereldhave.
In our previous post we saw that a correction wave was coming up and that it would hit the 20MA on the 1 hours time-frame. Well it did, now the next few hours might bring the chart up again. Considering other moving averages ar also still pointing upwards.
I'd suggest opening a small buy position now, and another one...
Boeing is moving upward using a staircase or steppingstones (SS). If this pattern persists and the value in stocks keep growing we could be hitting strong resistance in a few days around 303. Considering the last few days have been good for Boeing with sometimes gains of at least 10% a day, I'm betting my chances on a continuing growth. As we get near SS6 or SS7...
Hi guys, here's a short technical analysis on WHA. We got some good gains today on Wereldhave as for the last few hours we went down again to a retest on FIB 0.382. Notice the upward curve is also still there, so we might have some support from the growing stock of the past few days.
As thing look now considering the growth of the last few days, tomorrow will be...
Hi guys, here's a small update on LIGHT (AKA Philips Lightning).
As we can see the bullish trend is now retesting the exponential growth curve that started around 15th may, this is where the recovery from COVID-19 started.
Since we don't have a resistance layer there, things might turn out positive for us. But we can't be too naïve and therefore not calculate any...
As a technology company Spotify is making Bulls and taking profit of the COVID-19 situation. There's a strong market for how higher prices as we look at volume compared to price.
Will there be a recovery the next coming months, will Spotify keep up with this bull? Let's see how this turns out.
While we're still in a locally ascending channel and things might look positive. Some indicators say otherwise. For now I'm suggesting to hold, I'm holding onto my sell position from 9002.
Please let me know what you think in the comments!
Volume: Has been declining since the last 16 days on the 1D timeframe, this could imply a price...
1. Harmonic Pattern shows a Bearish Crab (Bear)
2. Leaving the ascending channel at the bottom (Bear)
3. Forming a symmetrical triangle pointing upwards slightly (Bear)
4. Elliot (correction) wave ABCDE is at play which could become double or triple top or a head an shoulders (Bear)
5. Declining volume shows there's no big price changes coming (So for...
Hey I'm trying out new patterns to learn the ways of technical analysis. This time using Harmonic Patterns and Fib channels. From what I can see if I interpret if this right, the Harmonic Pattern shows a clear Bear and the Fibonacci Channels show a stronger support for a Bull (due to the more lines that matching up between 23.6% and 78.6% as support layers). I...
I'd thought let me just continue this Bitcoin technical analyses and evaluate our steps from last saturday. One thing I already noticed is that our prognoses of the bull breakout after may 16th became valid. As you can see in this chart, yesterday BTC only suffered a few hours of decline, and then went up again.
You can see my previous idea here that I posted on...
I decided to bring volume up in the analysis, combined with a triangle, ascending channel and an Elliot Wave I think we can confirm the next average is going to be a strong Bull. I'm not guessing which price mark we'll hit next, because there's always a chance of reversal. Here's what I've found on reading volume according to investopedia.com:
A rising market...
Bitcoin shows a short upward channel compared to previous weeks. Will keep monitoring this babygirl closely.
I'm purely a beginner in technical analysis . Please hit like, follow or place a comment.
Any of your feedback is my motivation to keep going and to learn more!
First multi-timeframe analyses based on a single chart pattern. I was just noticing a cup and handle pattern on the 4H timeframe, when I looked further away I saw a different cup and handle at de 1D and 1M timeframe as well. According to theory a cup and handle is a clear sign of a bullish character. What could this mean for the following months? Will research...
This time around I included the halving of the BTC within a timerange of about two weeks around half of may. According to historical data, BTC prices should go up exponentially after a drop to 5000-4700 support level.
Let me know what you think.
Weak resistance on the highs and a declining long term trend could indicate a bear, also considering the COVID-19 situation. What do you think?
This is my first entry on Technical Analysis ideas, trading for about three days now. Any feedback is appreciated. 😀