ASX:HLA Healthia Limited
Forming Ascending Triangle and looking for a "4th touch break" @1.93 on the Daily. If price can clear previous resistance around the @2.00 mark then I would expect continuation towards the Trend Based Fib Extension level 1.618
If price fails Resistance and fails Uptrend Trendline, then im looking for a retracement towards strong Support...
BTCUSD Weekly TF
As BTCUSD has broken a key level on RSI (Relative Strength Index) I thought I would highlight a few scenarios of what could come next.
#1: A bounce off the "Golden Pocket" 0.5 - 0.618 Fib Retracement Level has currently held price above $30,000. If it can hold and regroup price could trend within the highlighted Descending Broadening Wedge which...
Looking at Traditional Pivot Points and the reoccurring price action between Pivots “P” and “R1” and highlighted by a Bar Pattern.
As defined by TradingView
“Pivot Point analysis is a technique of determining key levels that price may react to. Pivot points tend to function as support or resistance and can be turning points. This technique is...
BTCUSD Daily TF
I currently see 4 Scenarios for price action over the next couple of weeks.
#1 Bullish: Current rejection off the Daily Resistance may see price fall to internal uptrend trendline. RSI is beginning to trend upwards nicely and we have cleared the 50.00 level. If price can respect uptrend then we may have another test of Daily Resistance. If we...
Looking at BTCUSD on the Weekly.
It has failed 5x to break what is now a Strong Weekly Resistance. With the weekly candle closing tomorrow morning I am expecting to see some fireworks if it fails again.
RSI is trending down nicely with a retest about to occur. MACD has crossed Bearish but hasn't yet widened.
For me I am paying close attention to the 20 Moving...
Taking a look at the MACRO TF.
It will be interesting to see if BTCUSD can break the Monthly Resistance & reclaim previous high. It is still 22days until the next candle so there is plenty of time left within the current session.
Also identifying Month Support and comparing it to previous Bullrun of 2017. After BTCUSD failed to reclaim top of...
Paladin Energy Ltd is a Western Australian based uranium production company. It currently has one operating mine in Africa; the Langer Heinrich mine (LHM) in Namibia.
Bullish Outlook: Current price has reached former TB Fib Extension 1.0 Level. It has broken key Daily Resistance and reclaimed Uptrend and now has a real chance of claiming new TB Fib Extension...
Lithium Australia NL (ASX:LIT) Is a Perth WA based company that aims to supply ethically and sustainably sourced materials to the battery industry worldwide. LIT has developed disruptive extraction technologies – including its proprietary SiLeach® process – and secured positions in lithium provinces around the globe, including Western Australia and Europe.
Imugene (ASX:IMU) is a clinical stage immuno-oncology company developing a range of new treatments that seek to activate the immune system of cancer patients to identify and eradicate tumors.
3 Scenarios identified
- MACD still Bullish
- Volume increasing
- RSI still trending Bullish although currently Overbought
- Bullish bounce off .382 Fib...
Todd River Resources (ASX:TRT) is an Australian-based resources company that holds base and precious metal projects covering over 7,500 sq. km. of highly prospective geology in Western Australia and the Northern Territory.
2 potential scenarios.
- Short term Double Bottom
- Testing short term downtrend resistance
- MACD turning Bullish, anticipated...
Duke Exploartion Limited (ASX:DEX) is an exploration company focusing on Copper, Gold and Silver discoveries in Queensland and New South Wales AUS. Duke's 100% owned flagship project is the Bundarra tenement EPM 26499. A fully funded exploration work program aims to drill out a maiden resource by mid-2021 at the Mt Flora prospect within the larger Bundarra...
Bannerman Resources Limited (ASX:BMN) is an ASX and NSX listed exploration and development company with a 95% interest in the Etango Uranium Project in Namibia; a southern African country which is a premier mining jurisdiction.
- Bullflag Identified
- Double Bottom off Daily Support
- RSI above 50.00 level
- MACD Bullish
- Volume increasing over...
ASX:BIT Biotron Limited is engaged in the research, development, and commercialization of drugs targeting significant viral diseases with unmet medical need. The Company has BIT225 in clinical development for HIV-1, and a promising preclinical program for HBV. In addition, Biotron has several earlier stage programs designing drugs that target a class of virus...
BTCUSD. As we approach the Golden Pocket on Fib Retracement once again on the Daily I have decided to draw a comparison between the last 2 Major Bull Runs.
Blue = 2019 Bull Run Bar Pattern
Orange = 2017 Bull Run Bar Pattern
History shows us that the last 2 runs have had a major bounce within the Golden Pocket (0.5-0.618) $40318-43714 and as former Daily Support...
ASX:LSH LifeSpot Health
- Ascending Triangle forming against resistance
- Uptrend respected
- Volume increasing
- MACD Bullish
- RSI Bullish
- Measured Move & TB Fib Extension Targets Aligning
If price is to be held below Daily Resistance and Breaks Uptrend then a return to @.10 is likely
NOTE: Position would only be taken as...
Botanix Pharmaceuticals Ltd (ASX:BOT) is a clinical stage cannabinoid therapeutics company. The company focus is the development of safe and effective topical treatments for serious skin conditions. It has an exclusive license to use a proprietary drug delivery system - Permetrex for direct skin delivery of active pharmaceuticals in all skin diseases. The...
Bitcoin looking Bearish on the daily.
- Daily Bullflag Completed
- Internal Measured Move Completed confirming Daily Resistance level
- 50k Psychological Level Confirms as Resistance
- MACD turning Bearish and Cross anticipated
- RSI overbought and showing Hidden Bearish Divergence signal
Note: Awaiting new Support level to be identified off Fib Retracement...