The weekly chart above is incredibly bullish following a lengthly period of consolidation and oversold condition on the daily chart (not shown here). The idea is almost identical to the Funfair & Neo Gas ideas recently published, which have returned 800% & 540%, respectively, in a matter of weeks. Why bullish? 1) Trend reversal. Price action is no longer...
*Investment opportunity - low risk* On the above monthly chart above price action has corrected 95% since mid-2015 with following oversold condition (dark orange column). There now exists a number of technical indicators that make Capita an exciting stock to add to your portfolio. Lets go through them: 1) Regular bullish divergence. Price action makes a lower...
*Swing trade opportunity* Why that price? No other reason than the golden ratio retracement. Previous corrections in price action has shown a lot of respect for the 0.618. Why bearish? On the above 5—day chart Stochastic RSI is crossing down 80 (circled in orange) following an overbought condition (green column). Look left - don't ignore cross downs of the 80 on...
A few reasons for this bearish outlook. Mostly comparing 2017 to the present day together with study on multiple time frames. The blue line on the above 1-day chart is our bull market support 21-week moving average. Fear will likely be high around the time price action approaches it. This will be an excellent moment to pick up some discounted Bitcoin.
On the above 9-day chart price action has formed a bull flag with breakout. Additionally a Dragonfly DOJI candle was printed with following candle as confirmation. 200% gain from here and likely to occur soon.
*Swing trade opportunity* On the above 10-day chart price action has soared 2500% with RSI at 94. RSI of 94 on the daily is impressive for sure, on the 10-day, that’s amazing as much as it is a warning. The weekly Stochastic RSI remains above 80, for now, which is bullish. However the 21-week bull market support moving average support would require a 60% drop in...
Circled in Cyan on the above 1-day chart is the Pi Cycle cross. It is one indicator to pay attention to when it comes to identifying market tops. Especially after a strong rally to the upside. What's the Pi Cycle I hear you ask, read all about it here: www.traderslog.com Below is the same chart in 2017 when the Pi cycle crossed as this did recently resulting in...
Following an oversold condition (orange column) and near 50% correction since mid-August, the WRZ token is now showing a rotation is on the horizon. That facts of the daily chart above: 1) Regular bullish divergence - Lower lows in price action coincide with higher highs in the oscillators. 2) Price action has retraced to the golden ratio (0.786) 3) Price...
A price action Fractal reveals itself on the above 1-day chart (circled in orange), and is not just isolated to price action, the position of the oscillator values of RSI & Stochastic RSI are also matched. Notwithstanding the Fractal, price action is forming an ascending triangle pattern with support on the 21-day EMA. The only way this set up could become more...
*investment opportunity* Have spent hours and hours crawling through the various indexes of the world during this seemingly never ending uncertainty for possible opportunities. The result? Opportunities that could makes gains in Crypto seem mediocre are plentiful. Following a 100% correction from $425k (really??) to $1.40 and oversold condition (shocker - orange...
Following a near 80% correction since August and oversold condition (orange / dark orange column); an ‘incredible buy’ opportunity now exists. The above 2-day chart has now printed Regular bullish divergence between price action and all oscillators (RSI, Stochastic RSI, & Money Flow Index). Divergence with all three is powerful. Is it possible price action falls...
Following a massive 99% correction in price action and oversold condition (orange column), there now exists an “incredible buy” opportunity. On the above 5-day chart price action prints a regular bullish divergence with the oscillators (all three of them, RSI, St RSI, & MFI). A divergence with all three oscillators on the 5-day chart is powerful. Currently the...
A 90% correction since mid-August (like so many other alt coins) and following oversold condition (orange column); an ‘incredible buy’ opportunity now exists. On the above 1-day chart a regular bullish divergence can be observed between price action and the money flow index (MFI). Price action now finds support on the 21-day moving average. The 3-day chart...
A nice 60% gain to be had here without much need for patience. The reasoning: 1) On the above 1-day chart price action finds support on previous resistance. 2) Price action is in the bullish half of the Bollinger Band as the mouth is constricting, which suggests a big move is coming, & soon. 3) MFI support continues following resistance breakout. Lastly and...
Watching various alt-coins popping off for no reason is great - but which one will go next? One observation with the recent explosions is price action is the testing of the 600-day moving average on the 3-day chart (above - red line) with a strong bounce AND price action showing support on the 21-week & 50-week moving averages on the weekly chart (below). There’s...
*Swing trade opportunity* Following a 600% rally and overbought condition (green column) on the above 4-day chart there is now a clear bearish divergence between price action and the oscillators. Stochastic RSI is crossing down 80. Remember this is a 4-day chart, again look left at previous cross downs of the 80 on this time scale - those signals are not to be...
Since October 2017 price action on Sia has been up against resistance. If the weekly candle closes tonight at current levels, then it would be hugely bullish for Sia.
3-day chart showing month long Bullish divergence between price action and the oscillators. 1-day BTC chart - Dragonfly + increasing volume. 3-day USD also showing divergence.