FloTi

FloTi

MORPHOSYS had a very strong sell and decline within the last months. Many reasons, two are more important: The cancer drug "Monjuvi" is in delay and apparently there have been troubles in the scientifical research. Secondly, Constellation Pharmaceuticals bought MOR for billions of dollars, a takeover that did not effect the price-action in a positive way. These...

FloTi Updated 

XVGBTC broke out of the falling wedge, targets as green dots given. Might give a retest of the downtrend line before we XVGBTC goes higher. 66-69 buy-area Not a financial advice

FloTi

A high velocity rise leading to the pattern often results in a larger decline post breakout... IF price closes below the yellow line, I expact a higher sell pressure and a mid-term retracement to the green dotted line. We are still further away from a possible short position. Both shoulders should look rather similar (not given ), the velocity rise and volume...

FloTi

Rising wedge and bearish div on Daily, next possible move IF price closes below support => Green box as target, let's and wait for price action and movements bevore taking a position prematurely

FloTi Updated 

Rising wedge and BTC correction will result in shortterm drop to 0.618 fibs

FloTi Updated 

We broke out ofthe falling wedge, going to retest the former red resistance line, bounce up if it acts as support. Green dotted lines are resistances. We might head up to the top (red line and highest green dotted line) and retest the resistance that we are facing since June 2019! No financial financial advice, just my point of view.

FloTi

Next few moves are on the chart. It's an assumption, charts and probabilities can always change. Let's wait for price-action etc...

FloTi Updated 

We printed a falling wedge and still go further to the apex of it. Probability is roughly 70% for an upbreak to the upside. I still expect a target to the dotted line/circle-area. Stoploss below the support of the falling wedge. We've a bullish divergence on the RSI on the 4h chart, not on the Daily tho! Let's see how this works out

FloTi

We dropped form the high of the end of June, down to the 0.618 Fib, we broke out of the falling wedge on the 27th of October. A bullish flag was currently built, I can't explain how and why, but normally the 0.618 Fib bounce goes up to 0.618 aka the dotted red line and red circle, which is by no surprise the target of the bullish flag pattern. This is not a...

FloTi

Aaaand we will go up, enjoy :)

FloTi Updated 

We hada small fakeout, built a small Head and Shoulders, I expect we drop through the red support to 8950, retest the built resistance that was used as support and drop further to ~8450, the 0.618 Fib.

FloTi Updated 

We have a bullish divergence and a hammer on the support. I assume we go up roughly 100 Dollars and get rejected by the yellow EMA

FloTi Updated 

Well the Head and Shoulder got completed, which sent BTC directly to the lower trendline of the downtrend. The good thing: Huge bullish divergence on 4h and Daily-Chart, which is a very positive sign. As you can see, we are at the 0.618 Fiblevel, the golden ratio which mostly always gives a good bounce up. I expect a strong move up within the next days. However,...

FloTi Updated 

We have a bullish div on 4h chart, I therefore expect one more move up before head and shoulders pattern might comes in play and we drop lower. Let's see, just a possibility

FloTi Updated 

Struggeling and has numerous court proceedings in different countries all over the world. In many countries, Uber is forbidden and other providers started to run their business. Nevertheless, Bullish divergence and falling wedge, let's see how this will work out

FloTi Updated 

Quick profit, going down after wave 5. IF BCHABC manages to break above the yellow resistance, we might see a nice run. Let's see RSI and MACD looking very promising. I am not a financial advisor, it's your own risk but for me it looks good :)

FloTi Updated 

RSI dropping and bearish divergence. I am still very bearish, let's see how it works out. Wedge pattern, regarding decreasing volume, bearish divergence on RSI, MACD will have a crossover too, I think we go further down, I can't see a surprising rise to be honest, I might get surprised but these indications are more than clear for me. We will break the red lower...

FloTi

I might be completely wrong, but MACD about to cross on 4h and RSI bearish divergence. I do not see an inverse Head and Shoulder and gonna short. We might break overhead resistance, then I think of longing again. Volume not promising either. Any productive ideas or thoughts? Always up to learn and improve