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Buy orders set at 5659. Long to 5818 an 5946
Could not sustain the .024 price level, which would have created enough of a wave to push the price higher. Much Higher!
So now, the downtrend cycle begins. Short it and set your buy orders:
This is a continued short from where I published the alert of the right shoulder of this massive Head and Shoulders pattern playing out. The H&S is actually sitting on top of a long rising trend line (orange) in the chart. As you can see, that trend line has been breached. Look for a slow grind to $102. Gold is being challenged as a store of value, by that other ...
We are back in the trade. Accumulation phase. Bought @ .00000083
First target: .00000111 +27%
XDN was well on it’s way to testing the the daily 38.2% fib and beyond.
However, BTC decided it needed to taunt 2 fools after liquidating their margin accounts.
What could be worse?… the spike to liquidate your short position or the sudden drop afterwards
that seemingly acts as a smack in face and a size 10K boot to your ass sending you tumbling!!
Well, this is ...
This is your classic Inverted H&S, now in the final shoulder stage. Extremely Bullish!!
Cup and Handle is the dominant pattern.
It's preparing to close above the 17/43 weekly EMA. This is an extremely bullish combination.
Added to this is that the RSI is not overbought on the weekly it's midrange. GL!!
This is the coin I've held since the initial offering so I'm in an extremely well off positioned with it. You can see the Triangle formation on the chart with a pending breakout. There were 2 peak to trough and back moves, prior to February. Bulls and bears are tied, and since Feb it has consolidated for the real move. The consolidation has a RISING support line ...
Shorts on margin getting punished.
Long Scalpers on margin getting equally punished.
Panic sellers getting punished.
Those who buy the dips and HODL are winners!
It can be argued that a Bear market in crypto isn't as nearly as costly to Bulls, in terms of actual losses, as it is when a Bull run hits Bears.
Why you ask?
Well for one thing, most bulls don't leverage up. They 're just innocent HODL'ers that you couldn't even pry wallet keys from their dead hands if you wanted to. Losses occur when the not so strong panic ...
Nice price action today. Always remember that when the price makes moves any major moves upward, there will be pull backs. Avoid panic selling.
Bear flag, with a Head and Shoulders encrusting
EMA 50 and 200 Just crossed positive. This is a reversal from the March 9 bearish cross.
As you can see, the bull flag I first published March 20th has come to fruition with more room to run. There is an interesting dynamic going on right now in crypto currencies. Don't miss out, find good startups and invest!
The upside target for this as calculated according the Bull Flag rules, is $1.08. This particular bull flag was one of the healthiest I've ...
This is the holy grail of catching the lows in a trade. As you can see from the chart there is an adherence to it's trend.
The rising green trendline has been solid support (thus far), and you can see the falling blue resistance line. The 2 are destined to converge in the future. That's not our concern at this point. I set this up as a weekly chart in order to ...
Watch the target labeled.... B
The Flag has morphed into another cup. Still in a bullish continuation state and, within a bigger cup.