With a pennant pattern forming on the SPY weekly chart I am looking for a bullish pop out of here as this gap on Monday is fairly bullish. Of course i believe there will be a retest of some kind and will look to enter in bullish when that take place sometime this week. After quite a bit of consolidation so far this year on spy and the overall broadr markets I...
With a break of $7400 I am expecting the $7200-$7100 price region before a further movement to the downside. I am expecting Btc -3.14% to meet $6500 promptly following a bearishbreak of $7000.
Just an interesting perspective on BTC weekly... Looks toasty right now.
BITFINEX:BTCUSD Liking the bullish movement that is occurring on BTC at the moment. Currently i am expecting a retest of the $8000 price region before further movement downwards to the $6500 price support.
Current BTC analysis. I have a short term bias as i see BTC breaking this $7800 level and then proceeding to the $6500 price support
Up 40% on my initial entry from 5/28 and first target reached at the 161.80% fib extension. However the current pennant pattern could provide for an additional entry with further room to the upside depending on which direction this pattern breaks.
Nothing like an old fashioned crypto scalp. Bought some earlier today for $1.13 but i will look to add more for a short term trade. Check the article attached as this is a catalyst for one of the cryptos i am most bullish on this year and further on. fortune.com
Micron looks to have made a lovely retracement. I would look to take advantage of the free money that MU is about to give us. Short term picture looks good. As well I am still bullish looking towards EOY.
My current thoughts on BTC is that we are retesting $8800 resistance as well with the 200 EMA(red) and 50 EMA(green) which will act as additional resistance. Following the retest I am expecting a push lower to the $7800 region. With a final move down to $6500 before entering the bull run early June. Just my thoughts, always open to hearing opposing views
Made this quick analysis of my current thought on Monero. Tried to label as best I could, as I was making it for a one of my newer students. Let me know what your thoughts are, are you bullish or currently holding any XMR?
Today's (4/26) Daily candle will dictate our next move. If we break through EMA I see next level being $1.60. However If BTC stays bullish and we bounce here, I can easily see another attempt at breaking $2.20 Resistance with $2.50 area being next target.
Entered a Swing position on GNT last night. Will watch for a close above the 65 cent region on the 4 hr, with my target being the 75 cent region.
Looking to take this Pennant pattern either bullish or bearish depending on which direction it breaks. With $300.20 Being a daily resistance level.
Looking for a breakout of this pennant pattern on Ripple. Make sure to Enter, on the breakout or retest to your liking, because this will most likely fly. Spot the Daily chart and to my interpretation I believe for us to be in a wave 5 from April.
WIth A Breakout of this pennant pattern I can see up retesting followed by a moon to $18.70 Resistance and then further
Short term swing position closed out for 30% Profit... Looking for next entry at $130 price area
The market appears to have found support and looking to make a bullish push. I will look to take advantage of this pattern for a QUICK day trade if we breakout of neckline. As well look to enter a swing trade with a retest of the neckline Support level.