FuelCell Energy starts new cycle of run in this year.
Now we can see how investors accumulate positions that causes 1st wave like pattern.
Weekly MA200 on the ideal position to start soon.
The low carbon feature will be there soon.
Enter zone $7.5-9.34
First targets $95-119
Time horizont 2022-2023
Perspective company for electric cars feature. But overbought now and will be corected to 14.56 - 21.75 levels.
Waiting more deep levels to enter.
Globally is good perspective - now 1st wave happened and need just wait more deep levels to enter.
General Electric moves to the alternative electric technologies and break out weekly MA 200.
This is good signal and start of the feature run.
Good point to enter on retracement to the $10.75-12.35 levels with first target at $20 and $26.8
Renewable Energy Group was like a hype in the past year and emotional 1st wave of big cycle.
We going into correction during this year. Target levels to start growing positions is $49-54 with opportunities to deep into the $41 around.
In the start of 2021 year SunPower complete 5th local wave of 1st new cycle wave and now going to 2nd correction wave for some time.
The good news that sun power industry starts new cycle in the past year and soon we will have good levels to enter.
Just publishing support zones for this instrument. Main support will appear from 0.238 to 0.382 fibb levels. The...
The price action facts
* We have big bearish candle week ago with small rebound it tell us that market not ready for quick recovery
* The past week shows outside bar that tell us doubt and confusing moods - means more possible retest lower levels
* We have technical good support around 3000-3200 with Weekly 200 MA support (long term support) that not already...
* Looking Ripple you see that no one news or "bullish" mood or "this market is different" not working
* Ripple finally follow to Bitcoin like others "different" markets like XLM for example
* We have empty volume from .280 to .400 and market need to fill it
* Also we have broad support from .267 to .313 where market can show...
Overview of POC-line
* Ethereum shows totally bearish view on market and moving to the self POC-line on 0.0199 level.
* Usually markets reverse above POC line or sell off this to the first support under POC.
* Now we see that this market continues falling wedge pattern (possible). And bottom line of this pattern is consistent with .0120 -...
Update supports for Bitcoin
* Shorts positions weak - good point to start new drop for makers
* Longs start increase and may be liquidated in some moment
* We still have only 2 impulse wave (need 3)
* 3540 and 3000 coming
One thing you need to know
* This space is not regulated
* Big players like exchanges and huge funds can make any game with you because...
* Price need to fill empty volume of 500-590 levels
* RSI oversold and near critical levels but without any bullish signs
* Moving in downtrend with main targets 545 and 510
* With more probability levels of 590 will be broken down
* Trade this market better on ETH-pair (impossible on BTC because of tight digits)
Technical vew of correction
* EOS moving in 3rd wave now with support $3.35 (0.618 Fib level of past cycle).
* The final 5th wave should be to $2.25 around zone that strong support also 0.386 fib level of past cycle.
EOS problem right now
Some block generators (of Asian origin) captured most of the votes, and thus the blockchain became more susceptible to...
* Primary level - 115
* Extreme level - 81
* Any long margin positions can be opened only from $81 level around, because now exchanges start process of liquidation retail traders longs
* RSI oversold, so we can get some bounce before final wave
Guys I have to say only few words right now and just publish this supports for you.
Why it happen?
My view - because of BCH hardfork war and possible war of ASIC miners.
As I say in my video - BCH situation very very negative for market.
Also 17 nov futures can playing some role.
Because market need liquidity to go seriously...
BAT have a 130% profit run on last week and good peak with big volume.
What it can tell to us?
* 130% run means that this rise cycle is over and now we will have correction.
* Now we moving in A wave - and this is good because you can get nice B wave run
* Like any bullish and emotionals market on the peak we going down hardly and this is ok
What should you...
Dash announced the launch of a payment application for Venezuela. This is a good project and, unlike BCH, this is speculation, supported not only by greed, but also by the fundamentals, as well as by a friendly community.The news sparked this market and could...
BCH have reaction of market for 15 nov hardfork.
This event is not positive for crypto - one think you should to know. Because probably only 1 fork can be alive after 15 nov. And this is not good for miners and cummunity.
In this chart I show main support lines for this wave.
KNC have a nice run with 1st wave and now moving in correction 2nd wave.
We almost reach support levels. And I decide to show you this coin for good entering position price. Thanks for info of this coin to @BilimNehri.
The levels 606-625 is good support, so market can react with spike on this levels.
By the way it seems that correction can go 1 week more. Because...