Buy Fortuna Silver Mines on any pullback/dip: Buy limit: 50%@$4.70 and 50%@$4.25 Stoploss: $3.00 Targets: $7.50, $9.50, $14.25
Ethereum is a public blockchain platform with programmable transaction functionality. Ethereum includes a digital currency called "Ether". The price in US-Dollar for this cryptocurrency "Ether" (ETH) is up more than 3,700% over the last six months! Ether has a lot in common with the famous digital currency Bitcoin. Both are a purely digital store of value and...
Bitcoin continues its sideways consolidation below the massive resistance zone $470 - $500 and is currently dancing around its 50MA ($443). Unfortunately an important trend-line has been broken last week. The Bollinger Bands are still moving sideways predicting that soon or later a big move will come. Basically everything is still bullish but I don't like the...
Gold´s consolidation could morph into a correction but the mantra remains to buy the dip Gold continued its consolidation and has not been able to establish a clear and sustainable trend. It´s been dancing around the falling 3 year downtrend line ($1,247) since mid of February. Last week´s top at $1,262 probably marked the begin of the expected pullback and gold...
Gold had a spectacular start into 2016. But since 11th of February it got stuck in a consolidation between $1.200 and $1,280. Basically it did everything to drew in the last bull while not make any large progress in price. Most likely outcome over the next couple of months is a pullback towards $1,180 and maybe even $1,140. Don´t short it but patiently wait for...
Bitcoin continues to run into a triangle. Initially I thought it would be an ascending triangle, but now it looks more like a symmetrical triangle. That would lower the probability for a breakout to the upside as a symmetrical triangle can break up in both directions. But so far Bitcoin continues to behave bullish here and we should get a decision rather soon as...
Gold had a spectacular start into 2016. But since 11th of February it got stuck in a consolidation between $1.200 and $1,280. Basically it did everything to drew in the last bull while not make any large progress in price. Most likely outcome over the next couple of months is a pullback towards $1,180 and maybe even $1,140. Don´t short it but patiently wait for...
Bitcoin continues to consolidate within its bullish triangle. Let your winnings run and move your stopp to $350.
After 3 weeks consolidating within a pennant Gold broke out of it last Thursday. Another triangle has been forming since last Friday´s high at $1,280 and again Gold broke out of it to the upside. Next targets are $1,300 and 1,320. Only below $1,245 and especially below $1,212 the bears are back in play... Don't short this baby bull since there are really no...
Bitcoin indeed needs more time to consolidate & correct the sharp rise during autumn.. My ascending triangle was too optimistic. I adjusted the triangle. The 200-MA is rising and will need to create a floor below the prices before Bitcoin can move on and breakout above $500.. Super critical support around $320-$300. I don't want to see this zone being broken on a...