Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Cannabis legalization 2.0 should bring a bounce around the 0.786 fib. Market sentiment isn't particularly positive though so be careful!
Confident we have a bullish pennant on bitcoin. Ethereum is presenting similarly. My experience in crypto is that this usually plays out as a trend continuation but often you can get a bear breakout to the downside before a major rally. Definitely long, even if it breaks to the downside I have enough experience in this market to expect a rally.
Hi all, Tesla had a nice bounce off long term support (Lime green line) but is still trending down in a channel. Upon touch of the red resistance line I am re-entering my short position after being stopped out for minor profit on yesterdays bounce. I will have a very tight stop above the red resistance in case there is a break of the resistance. If the red line...
S&P 500 is at previous high in a rising wedge formation. expecting to break to the down side. Short entered.
Fizz is trading between Fib levels very nicely. There seems to a fair bit of bullish sentiment on Fizz and I am willing to bite but not yet. Waiting for a break of the current downtrend or for the price to move a bit closer to the 0.786 fib.
I would consider this a somewhat risky trade because the fundamentals of this stock makes me uncomfortable but Overstock is at pre crypto levels so unless the company implodes should be near a bottom. I expect a bounce off the thick blue support line which will possibly carry it to a break of the decline resistance. Trade carefully but I will be buying longs in...
Long term uptrend broken. On last major price support level. Looking for a break of either the wedge resistance or red support to confirm direction. Tesla looking weak so expecting it to break to the downside but you never know. Will enter a short upon break of red support line or on a retouch of thick blue resistance and will enter a long if that blue resistance...
TRXC has formed a triangulation pattern at a bottom. Will begin to accumulate with stops just below support.
GBX on trendline support. Looking for bigger bounce. Stop just below support.
Overstock forming a declining wedge with not much downside based on technicals.
NBEV has formed a major pennant. I am long but waiting for breakout to enter. Big gains if it breaks to the upside.
Tesla bounced and confirmed the long term uptrend. On a smaller time frame it has formed a declining wedge which is typically a bullish chart pattern. Lets see if it can hold the trend and rally out the wedge. I'm long here with stops at $240. Left enough funds to accumulate on the way down.
Clear 3 touches for both the resistance and support lines of the pennant. 3 take profit zones identified. Zone 1: top of the formation Zone 2: height of formation on top of break out area when/if it eventually breaks out. Zone 3: Length of previous run up