I waited a bit with posting MANA also considering the developments of last weekend. But situation is as follows. Until the end of November, the Bulls has pushed the price considerably higher which we can see in the uptrend channel. As is known, the bears have recently indulged themselves. the bears came on the scene and stepped out of the trend channel and...
Deeper than I had envisioned. upon reaching the previous golden pocket on the shortest uptrend, the price bounced back but was rejected at $4.5. so downtrend is extended.. now the price is already in the zone from where it could turn. we are low in the RSI and so the bulls may have the energy to move upwards again. - red bar is the next resistance. - blue bars are...
How are we doing after this weekend? What we can clearly see on the 4 hour chart is that there has been a breakout on the previously reported “Broadening Bottom” pattern… it has fully hit the price target of the breakout on the downside, and the bulls have managed to bring the price back into the pattern within a fairly short period of time. It is desirable that...
i think we all know whats written in this picture. be adding text later and got questions ? just be free to ask and leave a comment..
in the previous post... the bulls have completed the triple bottom nicely and the price target is almost round for the upward triangle. currently a Right-Angled Ascending Broadening Wedge which has just broken out. Could it give the bulls the push to break through the USD 3,670 resistance? if that doesn't work and I look back at the month of September, we could...
BITSTAMP:XRPUSD 1D HEIKIN ASHI Ripple Perhaps a somewhat complex setup in which I would give the 2 both the upward and the horizontal channels the leading role. Since the inverted Head and Shoulder, the bulls have pushed the price upwards towards $1.41. After 2 attempts to pierce the $1.41 the bears have come into play and the game now seems to be in that...
The Sandbox after the Bears did their best for a few days last weekend. Have the bulls managed to bring the price up quite a bit. A price increase of 100% in 2 days. Of course, this also means that the market has to take a breather. So we see on the 2 hour chart that the price reached a low of $2.30 last weekend after which a so-called Scallop (which looks like a...
GOLD on the weekly chart.. A mega cup that originated from 2012 where when the rim of the cup was made the course had broken out immediately. This movement ensured that a high maar-shaped pennant formation was arranged and can / may be seen as the handle of the cup. The return after the breakout is an ideal 1/3, measured from the bottom of the cup to the...
GOLD on the weekly chart.. A mega cup that originated from 2012 where when the rim of the cup was made the course had broken out immediately. This movement ensured that a high maar-shaped pennant formation was arranged and can / may be seen as the handle of the cup. The return after the breakout is an ideal 1/3, measured from the bottom of the cup to the...
GOLD on the weekly chart.. A mega cup that originated from 2012 where when the rim of the cup was made the course had broken out immediately. This movement ensured that a high maar-shaped pennant formation was arranged and can / may be seen as the handle of the cup. The return after the breakout is an ideal 1/3, measured from the bottom of the cup to the...
I guess this is all clear.. the red line is a turning point. which you already can see happened in the previous Head and Shoulder
So recently NIO was thrown on the drawing board... After peaking at $66.99 in January, the market has cooled down a bit and has found support around $30 2-3 times, all of which has caused a pennant to form which would imply that there is a chance of 75% is that this continuation pattern could push the price further up. The upward price target would come in at a...
On the week, THETA is in a Symmetrical Triangle and on the basis of the Bollinger Band we can see that the volatility has decreased and so we have to wait for a solid movement. perhaps the *Theta version 3.1.2 release, which will run at block height 12,749,952, at the latest somewhere next Sunday at 6pm Pacific Time, will take care of that movement. On the 2...
On the week, THETA is in a Symmetrical Triangle and on the basis of the Bollinger Band we can see that the volatility has decreased and so we have to wait for a solid movement. perhaps the *Theta version 3.1.2 release, which will run at block height 12,749,952, at the latest somewhere next Sunday at 6pm Pacific Time, will take care of that movement. On the 2...
On the Week.. even though there is little data to be found in this chart, I am extracting an Ascending Triangle/W pattern from what is available. If the bulls price further up here, the target price will be towards $8.5 dollars. On the day It is therefore important for the bulls to hold their ground above the red resistance line and thus show that we want to...
On the Week.. even though there is little data to be found in this chart, I am extracting an Ascending Triangle/W pattern from what is available. If the bulls keep the price at this zone the bulls can go further up from here, the target price will be towards $8.5 dollars. On the day: It is therefore important for the bulls to hold their ground above the red...
Vechain on the week... That looks quite nice and as you can see I have mapped out the similarities with the previous similar situation. Initially it is important for the bulls to get through the USD 0.152 and gain ground. Then the tone could be set to continue. If the Bears have an advantage and they manage to keep the bulls away from that $0.152, then we should...
A clean chart .. sometimes works refreshing. in the previous post, the symmetrical triangle looked slightly different. looking at the day chart.. Because the lower high has now been moved a little higher (see the circles with arrows), a little more space has been created within the pattern. I grabbed the Bollinger Band indicator to visually show that volatility...