Price continues to be range bound while respecting the BB midline. haDelta is bullish. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.
Price just missed the 108.3 target. With 2 doji candles after the big move up on Friday, price may consolidate in this range over a few days before moving higher. If price starts to move lower, look for support at the Bollinger Band mid line. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for...
Will GAS find support here at the juncture of the 21 and 50 Day Bollinger Bands? At the meetup in 'San Francisco' on Thursday night, Da Hongfei said the following about $GAS Gas will be the payment method for operating on the Neo blockchain For individual and non-corporate use, transactions will be free for up to 10 transactions (didn't say over what time...
Neo continues to be range-bound as the rest of the crypto market goes higher. The breakout may not come until next year. But for myself, this is a great time to stock up on Neo. If you like this post, please click the Like button, tell your friends, and re-Tweet! Disclaimer: This post is for educational purposes only. Trading is at your own risk.
Litecoin is about to challenge the recent highs at $103.54. If the breakout is successful, then this will be the 5th wave. You can see that I've labelled the prior waves and used that to project a target. As per Elliot Wave theory, wave 3 has to be the longest and that's why my target is not 127.70 but somewhere between 108.30 and 115.72.
Is TenX about to break out of a prolonged consolidation period? During the consolidation you can see the bands contracting and price moving back and forth between top and bottom. Then on 11/20 price starts to respect the midline and doesn't make it down to the lower band. Then on 11/26 the 21 day BB breaks above the 50 day BB and it looks like another move up is coming.
If the magenta trendline holds, we will have a good support level. Let's us the midline of the Bollinger Band to see if price will continue to rise and make all new highs.
The pullback to 4.5 was perfect as price hit the .618 retracement (and the middle Bollinger Band) and then immediately rebounded. Price now looks like it's on it's way to the all time high and potentially break out to all new time highs. $8 is a good first target.
After a long 2 month consolidation period, is TenX about to break out? First target is 3.08.
It looks like strength has returned to the hibernating OmiseGo and that price is ready to ride the Bollinger Bands to the previous high!
Vertcoin continued to consolidate today but stayed well above the bullish flag formed from the last consolidation. You can see that a move equal to the height of the flag gives us a target of 7.89. This would also be a 1:1 move from the last wave up.
Neo continues to consolidate above the midline of the Bollinger Band. The longer price consolidates, the more strength will be behind the next move.
Price continued higher today, riding up the Bolling Band. Price is forming a nice U shape which may turn into a cup and handle pattern.
Prices continued to move higher today on Bitcoin 1.17% 1.15% , flirting with the $10k level. As price keeps riding up on the outer Bollinger Band , $10,478 would be a 1:1 move from the wave that started on Sept 15, 2017 at around $3,000.
Prices continued to move higher today on Bitcoin 1.15% , flirting with the $10k level. As price keeps riding up on the outer Bollinger Band , $10,478 would be a 1:1 move from the wave that started on Sept 15, 2017 at around $3,000.
Crude moved lower on Monday but ended the day in the middle of the daily range, unable to break through Friday's low of 46.74. Price also tested the weekly Pivot Point above at 48.13 but was not able to break above that mark. As long as crude trades below that Pivot Point, it indicateds that price wants to keep moving lower. The Heikin-Ashi chart showed a slowing...
Crude tested higher this morning after the weekly inventory report showed a bigger than projected sell-off of inventory. However, WTI Crude failed to maintain it's bullish run and ended the day below the 2 important key levels. Those levels are the 21 day moving average @ 48.41 and the monthly pivot @ 48.13. And while the Elliot Wave Oscillator has not yet crossed...
Crude oil closed down $1 today. During the day, my first price target @ 48.36 was hit (I mentioned that in last night's post). Crude did hit a low of 47.73 but was unable to stay below the 48 price level, and in a something of show of strength, rebounded almost a dollar off the day's lows. The closing price of 47.73 was just 2 cents shy of the 21 day moving...