Lite coin pre LTC halving lead the market as it went up to $140 and Bitcoin went up to $14,000. LTC just broke its long descending channel and could be a precursor to bitcoin breaking out of its channel. Lite coin could easily see $100 again and Bitcoin could be back around $14,000.
And if you are bearish and say some price targets of $2,000 you just simply...
This stock as been on a tear for some reason. If we see a correction I marked it on the chart what level we could see it reach. The bearish divergence on the daily chart signals it needs to come down. Also a P/E ratio of 250 isn’t healthy at all. This stock will drop and it will drop hard. $25 price Target or lower.
I feel like this stock is built around hype...
Back in 2017 XRP made a pattern people are calling a goose neck (circled parts in price action and RSI). In my opinion this goose neck will be finished on January 27th, then from 1/27- 2/6 I can see XRP reaching $15, 2/6- 2/28 a retest of previous highs ($3.50), then 2/28- 3/22 a rise to $60, then a large sideways trading 3/22- 10/11, then a final push to $500+...
I personally think that the way Bitcoin will be trading the rest of this month is sideways, we still have to close the CME futures gap with is outlined by an orange rectangle. Once we close that gap and trade out sideways I see another massive run up to the $9,500 level which would be the target for a measured move out of the descending channel. So right now I am...
Better get your longs now and ride this to the top. Golden cross will signal a huge buy in opportunity and just in time for the end of the year run.
Note- I hid the candles so you can see the moving averages clearly.
With a golden cross potentially on its way I would be expecting a breakout of this bull flag of 170% in the coming weeks after the golden cross happens. The bears will try to say its dead and it is going to drop lower. Another thing to note is that we are trying to bounce off the 0.618 fib level. This is an important zone for accumulation and for the bulls to push...
I would long BTC here and I will tell you why.
1. Bullish divergence on the daily chart with RSI going down but price movement is stepping up.
2. Found support at the key .618 Fibonacci line.
3. Lastly buy when others are selling, to ensure you get it at a lower price.
People are looking at the wedge that we feel out of, while they are too busy talking about the wedge we fell out of they failed to see the bull flag that we are still in (dark red and dark green lines). The wedge is the dark red and the light green lines on the chart. Bitcoin also formed a double bottom on the daily (easier to see on lower time frames).
Bitcoin is forming a textbook Adam and Eve bullish pattern, if this thing continues to play out we could see the next parabolic run up of this coin. The coin has also broken the downward trend while forming this new pattern. Post your comments, questions, and ides below, I’d like to hear what others think.
With F reaching the end of this ascending triangle with plenty of room on the RSI and STOCHASTIC RSI. I can see this stock making a nice run too the mid $11-12 range in the coming days. What are your thoughts on this?
Apple’s stock is forming a nice symmetrical triangle on the daily. You can see the clear consecutive lower highs and higher lows forming a nice symmetrical triangle. Got the target price after breakout, based on the percentage between both the first lower high and higher low.
Is a cup and handle forming on the the weekly for AAPL? We are currently forming the handle and may see a shift to the upside once the 0.618 fib level is achieved. The RSI is also looking good at around 46 for the weekly and 28 on the daily indicating a move upwards can happen. I still think that AAPL will be a $230+ stock by the end of this year. Thoughts?
Some people are saying that BTCUSD is forming a head and shoulders. This is false, in a head and shoulders formation both the shoulders are lower or higher than the head depending on wether or not it is a normal head and shoulders or an inverse one.
I’m not saying that we can’t go down and if we do I plan on buy some more at a lower price, I also think we will...