alder6969

alder6969

This one has been on a down trend for a long time but we are finally starting to see some upside. The RSI has continued to move upward with price moving sideways. So this is telling me that downward pressure is turning upward momentum. If we see a retracement to the 50% fib level that is a price of $50 easy. Happy trading

alder6969 Updated 

Xrp has been on a nice uptrend today. As high as 21%. There is a possibility for a break out above 0.2459. If it does break out above that it will head towards the 0.27 mark. If it does not get the volume it needs it will be heading back down to the 0.21 support zone.

alder6969 Updated 

MGI is getting closer to the sweet spot buy order. We have been on a down trend for months and finally broke out of that down trend. I expect a drop to the green zone then a bounce upwards.

alder6969 Updated 

There was a perfect retracement to the 0.5 Fib lvl of the 3 day. This was already looking to pretty good long term hold anyway. I could see a $10-$12 range just on the same type of retracement 0.5 Fib lvl with high of $18 April 2017 and low of $1.15 March 2020. MGI has reject offers of over 1 billion in the past which would bring the current price to around...

alder6969 Updated 

We have seen BTC push through numerous of resistances lines over the past few days. It has finally pushed passed 7800 heading to 8200. If the bulls can keep this volume up it will reach that destination. It will then retract to 7800 to test the old resistance line / support line. If the support line can hold we will see a short time of consolidation which will...

alder6969

Apple has hit a double top and looks to continue downward. We look to finish a head and shoulders pattern and if completed we can see some potential buying or shorting to $157-$160. The RSI has also been trading within a parallel channel and looks to continue downward in strength.

alder6969 Updated 

We have seen the price come all the way back to the October 2020 lows, but there is some good news. The RSI actually went lower but the price didn't. This means we have had more price pressure but majority of the pressure came from buying. The last two weekly candles shows over 6 million in positive volume. This is not the only thing that I see. If we use the...