Okay, so I am seeing some bullish patterns here. Green Lines = Potential Cup and Handle Yellow Lines = Large Descending Wedge Pink Lines = Small Symmetrical Wedge inside the Larger Descending Wedge Quick fibs show that soon 0.09 - 0.10 is possible, and the longer term fib shows 0.10 - 0.13 is possible. MACD showing a curl/flip on the hourly. I...
It's been a while, but let's see how this TA goes. Magenta is the potential Rounding Bottom. White shows the potential Cup and the falling channel as the potential Handle. Some quick fibs show that 0.06 is doable, 0.08 is reasonable in near future, and 0.09+ is on the higher end of potential PT. MACD looks like its trying to flip from a dip. VFI (volume flow)...
I have been playing around with rounding bottoms, and have been getting better at finding the actual trend/support. Just another idea to watch play out. Lets see how it goes!
I may have spotted a rounding bottom on the latest trend move for BTC. Gimme that bottom!
SUNW on the 1 hr chart. I think I see SUNW going from a descending ABCD pattern immediately into an ascending ABCD pattern. The last point that could be the second "D" is already above its "B" point. Not sure if I am wrong or the pattern I am seeing is called something else, but any input would be greatly appreciated. I made a couple fibs (2 extensions and 1...
HTGM on the 1 hr chart. I swear this ticker is full of ABCD patterns! I am learning to identify ABCD patterns, and i am hoping my observations are accurate here. I see a large ascending ABCD pattern leading to a huge descending ABCD pattern. At the bottom I see a small descending ABCD pattern, which appears to be starting its upward movement. I have setup 2...
TLGT on the 15 minute chart in order to watch it move. I see a rounding bottom, but I swear I just see that everywhere nowadays. The fibs, retracement as well as trend-based extension, show a range of PT's above 1.44. Seems a good PT range is 1.54 -1.62 for lower end, and up to 1.70 for higher end. Anything beyond those levels will require quite a bit of...
ABCD patter in a descent? Rebound int a consolidation and step up into a descending channel? Exiting bullish? Will it fill the gap above or below? Let's find out!
WMT for Friday, September 11, 2020 SPY and WMT seem to be synchronized, so we have SPY here for reference. (faded blue line) Large fib is for the dip, showing it went down to the 1.618 line. Seems like that may be the end of the drop... hopefully. Small fib is for potential target zones for short term. Breaking the 0.5 would be nice to confirm...
FLDM hourly chart. Just wanted to publish my chart before it gets cleared, lol. I think I see a rounding bottom on this sucker. Also potential gap above. Blue lines are what I think are res points. I have short term and long term fibs showing, hopefully charted properly. The candlesticks are Heikin Ashi. The candle filler-colors are representative of...
I made this chart because I am notorious for deleting my charts and patterns to try out new stuff. This is just a channel, a big wedge , a little wedge , and a fib retracement. Prices marked are points of interest. Based on these patterns, its going to be a while before BTC hits an interesting price range... that is, unless it has a crazy pop in the near...
Is this a rounding bottom I am seeing? Let's find out!
Well, it seems like 1.19 is the magic number. Let's see how this plays out!
WARNING: My mic sucks and was low the first 30 seconds or so and then normalizes. I need a better mic. OOF. I just wanted to post my observations on potential head and shoulder patterns. i am sure some are true H&S while others might be quite a stretch, lol. This was just for fun, not much to be gained here.
So everyone and their mom thought GEVO was hitting 2.00+ today. It maxed around 1.45 area. I did a quick chart with fibs and it showed that 1.45 area as the most likely PT. So I made a new chart for Monday to have a more realistic view of what is possible IMO. The 1.618 line on the fib retracement and extension tools are highlighted with green lines. The green...
Alrighty, here is my current chart for GEVO . Got the fib areas I'm interested highlighted. Got some fib fans lines crisscrossing. Not sure if it wants to pop tomorrow or next week, but larger patterns show it wants to go soon! Let's see what happens!
We are still in a channel even though we dipped. Red rising channel. Purple is a monthly descending wedge edge. Blue is a daily ascending wedge. All the other lines are from fib extension/retracement and fan. Let's see if we can stay in the channel!
Here is an inverted fib extension to measure the dip and a fib speed fan for fun! Let's see how this plays out.