RSI shows oversold.
VI shows a reoccurring peak for oversold conditions, and they have been progressively shorter intervals..
MACD shows weakness, however we've seen this before.
Earning coming out today may make or break it, but they haven't been a great indicator of movement the past two earnings.
Fingers crossed for 18 soon?
Speculation, not trade advice....
XRP is moving into a fib channel that may end on March 27th.
The MACD shows a possible Bullish flirtation.
RSI is right smack dab in the middle, moving to a sqeeeeze.
Vortex I (+) and (-) are at or near all time highs, which confirms the hesitant bullishness and squeeze.
The Fib Wedge trending to March 27th for some form of action.
Descending Pennant looks like a...
I can't see $ATVI going down anymore than it already has. Sure - the world of gaming has changed, but I'm sure ATVI woke up to that realization pretty quickly. It has been 10 years since they had a serious shakeup, and last time I looked, 2008-2009 was a huge shift for them. They are going to shift hard again just like they did last time, Bungie is gone,...
Is this the beginning of the end of the bottoming?
I see 4 positive signs of stabilization.
1) Autofib not declining anymore.
2) MACD shows a crossover
3) RSI and Vortex showing a possible reversal (blue(+) behind red(-) gaining momentum) while RSI is courting the 40+.
4) Squeeze momentum is not dramatically pointing negative and trending towards the baseline...
Blizzard Activision has broken the trend of a 18% loss before a >60% gain, indicating that the cyclical nature may have been broken due to a mixed review on its publicized Diablo (mobile) and COD:BO4. The company will not be down for long though, as the RSI and VI are indicating that while reception of these products has been poor, the company is in no way going...
MACD is flagging a possible gains.
Vortex negative has been riding the "too high line" for far too long.
We have pushed past the 3rd resistance trend, below the 2018 Support line.
Lots of Swing trading causing scalping.
Vortex indicates that the negative pressure has been going on for far to long up near "Vortex Too High" line
MACD shows there is some manic support supporting the likelihood for a quick burst up to the soft resistance which will then become a support line that dates back as far as December.
Double Bounces and Swing Trades have been scalping the price, however...
Just look for yourselves. I see V.I(+) going up, V.I.(-) going down, MACD looking like a soft cross to continued increase, volume has normalized. AutoFib is curling up. I say we hit 8.7 before the next concern. Will confirm with Euro chart.
HOWEVER... we have not found a true bottom... Even if the auto fib is curling up, that doesn't mean it is impossible for...
Volume - Going down, not great news
MACD - Signal line is on point to cross over, however we do not see this as a strong signal of an uptrend as there is a curling downward again.
V.I. - (+) shows signs of life, but (-) is still far too high to be considered a clear sign of revivial.
ETHBTC - Not deviating far beyond what is expected during a slight market drop,...
May 21st looked like it might turn things around, however, the past few days have been exhausting.
The best buy in window was on the 11th for a 2 day run back up ~10-15%.
Volume is continuing the decrease.
MACD is showing signs of a possible scalping and then continued decent. If he breaks through the 0, then a new support line will have to be created. It could...
We should have seen more movement that this between MACD movements, but this is what we have today.
MACD: Possible dip as the signal line is crossing out moving average.
VI: VI(+) appears to to be poking its fin out of the water, just like a shark would want, but not high enough to say that we're all clear. VI(-) is above 1 indicating that we have strong negative...
Okay, okay, okay, tricky for me, maybe not for you.
VI: We've got VI(+) gaining momentum, however VI(-) isn't far below it.
MACD: Uhm, yea. No help here either. We've been switching back and forth without a clear indicator, however the downward trend is indicating that 14.00 is not quite a support nor a resistance. The histogram is not much help either, as...