this is my view current on bitcoin. new bitcoiners are panicking but lets keep this to TA
there's some wyckoff model style moves happening happening right now (please reference my other chart, i dont have time to draw it in detail here.)
the left you see a pretty solid minimum measured H&S target being hit. ...
Nikkei selling for end of year tax-loss/closing of books is pushing usdjpy further than expected. Both DXY and JXY are not reacting in this way. I expect a test of support ~117.20. if t closes both. potential reversal (ie no other fundamentals have changed)
so far this is behaving almost exactly like break out/ ...
Someone in chat asked. This is pretty much what i have for 100 dollars up and down.
Truth of the matter is, when bitcoin got here last time it wasnt here for long both going up and down. (even down to 700) I expect some price discovery while the market fills in the blanks
bought this order block at 117.50 . *providing there isnt china/usa confict escalation news* we should see a retrace to 118 level. nothing fundamental or monetary level has changed.
if you want to short.. wait till the 50% fib or pivot level.
Its very likely USD will gap up coming Sunday open.
I've charted fitbit before and talked about my thought of them as a business and fit tech as a trend so ill stick to what on the chart right now.
Last earning they lowered their expectation , before the holiday season started. Then reported had lower then expected sales black Friday. The stock dropped through the ...
We were discussing coffee on in the vent trading room.. it very hard to not discuss starbucks when you talk coffee , they are the titan of distribution. (think mining stocks and metals)
So on a weekly time frame , you have a pretty well testing bottom level but an ascending top level.they a 1 cent surprise last ...
someone asked me to look at ETHBTC ...
This whole coin is a mess. between hard forks ,internal drama and bitcoin pumping, i dont see a "solid" buy on anything below the 3 day timeframe.
very choppy and would be a no trade zone as a stock.
i've charted BONT before so im not going to spend a lot of time talking about the past performance of the company or the oddities of its performance but ill still strictly to the charts
Since i last charted this guy, it looks like it had a false breakout and now is caught in a giant triangle, quickly running out ...
UA today set investor expectations that future growth would not be as large as the last two years. It made its rounds in the news and lead to an 8 hour sell off.
However, if you look over the pure financials, UA has consistently met or beat earning expectations. The talking heads were quick to calls this a "junk ...
Here are the levels currently
lower highs, higher lows and uncertainty leads to be forming a consolidation pattern before the next move.. its running out of room quickly
The drop earlier this weekly tagged the monthly s4/weekly s1 exactly
Currently price action cant seem to get over the monthly s3 for longer ...
I dont believe in coincidences in markets.
what you see here pictures is:
- H + S average target is the length of the head to base down ~62 pip puts us at about 102.90
- short term ascending bottom support line from starting 10/4 caught the initial drop and where we closed
- (sloppy) descending wedge is nearing ...