Near ATH, Zimmer Biomet manufacturer of artificial hips and knees
Top 4 manufacturers have 90% of market share
Zimmer has run into issues of integration of BioMet on Manufacturer side but they could be solved
As long as the trading volume keeps up with the price changes this could potentially keep on moving up.
I'd look for a break of resistance before deciding to purchase any more and wait for the first retracement after for confirmation to open trade
There could be a retracement right now to a fib level before testing resistance
-Multiple buy Indicators
-1 Year Resistance Broken, Doesn't make much sense to go down anymore unless for small retracement at uptrend supports
-Ascending Triangle Formation
-Trading Volumes Hit 9 Month Highs
-Bitcoin’s three-day chart is showing a bullish crossover of the 5- and 10-day exponential moving averages for the first time since...
I've been following this chart for some time now and have made several successful trades.
The red resistance lines were originally created using the fibonacci tool
The support we are nearing of 3200 is from August of 2017 and the resistance lines can also be used as entry and exit points for daily traders
If you have any more questions feel free to contact me...
The Trader Who Nailed the Bitcoin Top Just Covered His Short...
I think this is an area that people don't feel comfortable shorting because it would lower the price a ton, and would cause a large buy-out of coin.
Just doesn't seem realistic
50% off from when they sold originally. STEAL
9400 is a possibility would just be -52% from ath
We did hit -53% and are painting a hiagher low and higher high so that is also bullish with respect to our uptrend line
A breakout of the red downtrend resistance would be a strong buy signal for a bigger move
I'm expecting TIX to be able to hold this EMA and slingshot back. I don't know a crazy amount about it but it seem's like crypto that actually makes sense.
Metal CEO is serving as an advisor to this project, team doesn't seem like the best, but let's see where this goes.
If not since it is pretty early for this coin on the market it could still break that level...
Using the fib Channels and original uptrend Fib retracement we can get a general sense of when the bounce will happen.
Keep a close eye on volume as we have not had any big spikes.
Also in other news there seems to be more positive talk about bitcoin.
Ripple has been moving down since it broke it's all time high. In a typical wave movement this would be expected. Given the factor that ripple has not seen such a strong movement in it's lifetime there is not much we can do for backtesting. With news of Ripple being one of several cryptocurrencies being released on a japanese exchange on the 11th and two potential...
QTUM has been trading higher on two exchanges leading in volume and price - bithumb (7.9x volume lead) and coinone (.7x volume lead)
You would probably want to pay attention to those and see how the price is arbitraged.
There is not very defined "Support" "Resistance" levels due to the drastic swings on this chart, but there are areas where we can see price...
If the price can hold the uptrend support expect a strong move upward and use Fibonacci for Profit Taking Areas.
If the uptrend supports are broken open a short on Ripple Futures or Ripple and also use Fibonacci for Profit Taking Areas.
Possibly being way to overhyped / valued? Seems like a large portion of buyers are chasing the profit opportunity or new people...
How to trade Ripple for those of you who want to be cRippled:
Follow the trend lines.
We can see the clear downtrend since ripple was first added to Bitfinex on this chart on a longer term.
We can also see we have just recently made a visible bounce off a support line.
Using trend lines or in this case a fibonacci channel we are able to have general support &...