A PARABOLIC MOVE CONSISTS OF 4 BASES. Refer to the link attach here: pixiutrades.files.wordpress.com From the chart above we can clearly see all 4 bases and we are likely in the fourth base now that could probably send us to $780 to $800 range in days or weeks ahead. But becareful, usually after base 4 is done, a massive pullback will likely happen. In this...
TG has two short-term paths now, either path 1 or path 2. To enter path 1, TG must close above RM 5.70 quickly then yes likely will go back into the green channel. But this channel isn't any good news for everyone yet as it is still a downward channel and likely huge selling wall will be around RM6. Meaning further downside pressure in weeks ahead is still...
Looks like a head & shoulder pattern is forming on Bitcoin hourly chart...
BULLISH CHAINLINK CHART, BREAKING A SYMMETRICAL TRIANGLE SOON!
HI everyone! I think everyone is waiting eagerly for an altseason expecting some altcoins to start running! Me too! Today I will continue to update on my view on chainlink! I wish I could bring you some good news about chainlink to say $25 is in hand soon, but sadly the chart is temporarily not showing that to us yet. Recently we saw a capitulation on chainlink...
Hi everyone happy new year to all of you! I would like to dive in deeper for Chainlink probable path soon! Is $16 sooner or $6 sooner? I have good news and bad news for all of us! Let me reveal good news first since it is the first day of new year! Good news is I believe we would likely see cheaper $Link very soon! As cheap as $6! Meaning we could double our...
This is Link hourly chart, looks like a head and shoulder pattern is forming now. H&S is always a bearish sign, a break and close below the neckline could send us down to $9 area in next 2 days... Trade carefully! Take care guys! Always set stop loss!
Hi everyone! Just sharing some of my views about Homeriz here as my friends are asking me about it. I think many would be asking what could we start to expect from this counter. Is Homeriz going to continue the uptrend soon? Or are we seeing further downside in near future? Let me explain my viewpoints from what I am studying from the chart through a few...
L1 movement was formed between March dip to August high. Assuming this is wave 1 of Elliot Wave impulsive move, and a correction made since early of September being the wave 2. Then how far the next wave 3 can send us all to? Usually wave 3 is always very strong and can send as far as 1.618x to 3x of wave 1 movement. Right now, I believe we are sitting at 1.618...
I have provided a few reasons above that support a correction is likely on the way for BTC. 1) Descending Triangle, key support line, at around $25,700 now. A move and close below this line in next few hours will be very bearish. 2) A breakout from the descending triangle forming a shooting star pattern at hourly chart shows bears are working hard to press the...
Awhile ago, we have started to see a M shape starting to form on Top Glove. In textbook, we call it the double top meaning price will reverse back to original level soon. This link will help you to study about double top, www.finvids.com But we have no confirmation yet until today 5pm we saw TG closed below RM6.11 key support level also called as the neckline....
Can we start to hope for further upside in Supermax? I would answer yes if Supermax can find strong support at RM 6.70 and start to break and close above RM 7.50. I think the right question to ask right now is has Supermax bottomed? From chart perspective wise, I believe Supermax has not bottomed yet and we could likely see further downside pressure if it breaks...
I believe JP Morgan's call for RM3.50 is a valid call. Fundamentally, the company is making money but this is a seasonal business. Top Glove won't be able to sustain such a business volume forever. With vaccines coming out, the business volume of Top Glove will certainly be in downward trend. If a business comes because of covid-19, it will leave when covid-19...
Looks like BTC is forming a diagonal top chart pattern. With this pattern, 69% of the time, it is bearish! Becareful everyone! Refer to the link below to learn about diagonal top chart pattern... www.pinterest.com
A PARABOLIC MOVE CONSISTS OF 4 BASES. Refer to the link attach here: pixiutrades.files.wordpress.com From the chart above we can clearly see all 4 bases and we are likely in the fourth base now that could probably send us to $28,000 to $30,000 range in days ahead. But be careful, usually after base 4 is done, a massive pullback will likely happen. In this...
On hourly chart, you can see LINK has formed an inverse head and shoulder between 8th Dec to 17th Dec 2020. Neckline is the white-line, it has been broken and has been retested a few times now. A break above $13.60 will send us up to a minimum of $15.39. $15.39 is the first minimum target measuring the height of H1 (from head to neckline) and pasting H1 above...