chartingfeed-dh

chartingfeed-dh

Hi guys, here are my thoughts on the bitcoin alternatives in the near future.

chartingfeed-dh

Nice looking bear flag + major horizontal level => definitely on my weekly watchlist. For the setup to be valid, I need to see small bear consolidation/flag on the H1/H4 before entry. I will also manage this potential trade aggressively, as price is approaching the rising trendline of the flag and can reverse.

chartingfeed-dh

Lets see if we can get the short setup with this nice bear flag forming in the correction before we can look for long-term buy setups.

chartingfeed-dh

Apple starts to show signs for another run into the highs: - daily rising trendline gets respected - break of the local / H4 trendline - if a flag forms above the local trendline we would also have an inversed H&S

chartingfeed-dh

Weekly break & retest of huge horizontal level, also nice rejections with the double bottom and confluence with the up-sloping trendline - these are all signs for me to keep an eye for a breakout to the upside. On the H4, I can also identify an inversed H&S. Overall really nice chart from technical perspective.

chartingfeed-dh

In the case of SPX500 ending with expanding triangle, an unique short setup maybe starting to present itself. The moves down are coming sharp so I will pay extra attention to it for the next few weeks.

chartingfeed-dh

Something to wait for: reversal patterns on the daily and/or H4 such as H&S, double tops, trendline breaks etc. I will update the idea if the setup present itself.

chartingfeed-dh

Nice running flag forming with consolidation within. Will keep an eye on it and time the entry on the lower time frames if a setup present itself. What I want to see on the lower time frame are reversal patterns like H1 double top / wedge / H&S etc.

chartingfeed-dh

I was waiting for long setup but this daily consolidation starts to look very weird. It is rounding out, losing momentum, we had a few lower highs and lows on the H1 - all these are signs for me to not enter the trade. Price action gets even interesting for a short trade as the first impulse was down. I will wait for a small consolidation under the rising...

chartingfeed-dh Updated 

A friend of mine asked me to take a look at Riot Blockchain Inc. (from their official website: Riot Blockchain Inc. is focused on building, supporting and operating Blockchain technologies). Anyway, chart is looking good:) Will watch it closely. Trade with care! - chartingfeed

chartingfeed-dh Updated 

A friend of mine asked me to do a technical analysis on HELLOFRESH - an international publicly traded meal-kit company based in Berlin, Germany. I liked the chart right away as it is very technical. Trade with care! - chartingfeed

chartingfeed-dh

Bitcoin is consolidating above the daily horizontal trendline forming a nice bull pennant. I will not be surprised though if it make it's way retesting the trendline before it goes. Either way, I will keep an eye on it and add to my longs if a setup present itself. Trade with care! - chartingfeed

chartingfeed-dh

RXT is consolidating on the daily. Nice wedge which broke, now I would wait for confirmation for the setup to be valid. Trade with care!

chartingfeed-dh

Tesla is once again pushing higher - although I thought that more consolidation is needed before going long, the pattern itself seems ready to go.

chartingfeed-dh

My game-plan: weekly macro structure with this monster H&S, a small weekly double top (2 small Doji's) --> this is my signal to go on a lower time frame and wait/look for reversal pattern. Also, with an entry on the lower time frames I usually manage to boost my risk to reward ratio significantly. Trade with care!

chartingfeed-dh

Price is channeling down nicely on the daily. We had a break and retest of a horizontal trendline and price is now consolidating/forming a nice small bear flag. I would look for a 1:1 or 1:1.5 setup just to break the weekly lows. Trade with care!

chartingfeed-dh

H&S forming + horizontal trendline which goes back to 2009 - all signs for me to keep an eye on GE for the next couple of days or even weeks. Price action at the neckline of the H&S will determine either to stick with the trade or even reverse and go short. Trade with care!

chartingfeed-dh

A nice running flag forming. I would go down on H4/H1 for timing the entry, target the ATH, SL under the last swing low. Trade with care! - chartingfeed