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Bounceup

Is BTC about to win the lottery?BITSTAMP:BTCUSD In a bear market potential good news is like wining to lottery, or something like that. Could we hope that the forming falling wedge is going to push for a reversal in BTC? I noticed in some exchanges that some big money slowly are buying into this market, maybe in anticipation of the falling wedge. It could be the beginning of a re-bounce in BTC. The volume is not yet there, but it can come any time, the RSI has plenty of space to move up. Do not forget we are still under 200MA which has a negative impact on any bullish movement. For now the market seems to be comfortable leaving under 200MA but for how long? The possible targets are on the chart, this could happen in the next 2-3 days. Wait for confirmation with strong volume after the break out before deciding to buy, otherwise it could be another fake out. Don't forget the confidence is still very low. Happy trading!
BITSTAMP:BTCUSDLong
by pgarret
BTCUSD - Bouncing On The EMA 34 line (For Now)A huge drop in the price of BTC today, but it wasn't ready to go that low yet and bounced back up. For now it has found support on the EMA 34 line, but for how long? I think we will still see a drop to 5100-5200, hitting oversold, before making a bounce back up (10K??). Let me know what you guys think in the comment section below and if you would like, you can leave your vote on this twitter poll: twitter.com ** Use our referral link and get 8% - 10% back on your first loan at bitconnect ** If you lend: $100 - $1.000 you get $8 - $80 (8%) If you lend: $1.010 - $5.000 you get $90,9 - $450 (9%) If you lend: $5.010+ you get $501+ (10%) Website: bccgroupinc.wordpress.com Email: bccgroup.ref@gmail.com If you haven't signed up under someone else you can add our username as your referral. We will refund your first loan after adding us to your account! We will reply to your emails within 12 hours.
BITSTAMP:BTCUSD
by BCCgroup
2
$POT PotCoin longterm support and resistance + fib lines PotCoin is sitting on a strong support line. It's low risk and will bounce up within the upcoming weeks. Set a stop loss below the support line and fib line around the 1770s level. The fib levels and clouds will be places where the market becomes uncertain because people will be taking profits. Try to secure profits on the largest initial bounce during those time of uncertainty and buy in again lower, then wait for the next leg up and repeat. This coin has a higher chance of bleeding back down to the support if it bounces up when the clouds are thick so wait for the thin cloud formation (underneath the price indicator) if you want massive gains!
Long
by Jolty
Will Dicks Sporting Goods (DKS) Rebound At Least 7%Dicks Sporting Goods has been on a bull run since November 2008. On multiple occasions through this bull, three of the technical indicators discussed below are at the same or lower levels, that they are now. These instances are resulted in gains for the stock. I have laid out the reasons and levels to which the stock may rise while it most likely ends is recent bear trend and restarts it bull. When we look at technical indicators, the relative strength index (RSI) is at 23.2053. RSI tends to determine trends, overbought and oversold levels as well as likelihood of price swings. I personally use anything above 75 as overbought and anything under 25 as oversold. Currently the RSI has the stock oversold. The positive vortex indicator (VI) is at 0.7757 and the negative is at 1.1798. When the positive level is higher than 1 and higher than the negative indicator, the overall price action is moving upward. When the negative level is higher than 1 and higher than the positive indicator, the overall price action is moving downward. The positive and negative values are currently at extreme levels and the stock always rebounds. The stochastic oscillator K value is 9.0137 and D value is 10.7460. This is a cyclical oscillator that is highly accurate and can be used to identify overbought/oversold levels as well as pending reversals and short-term activity. I personally use anything above 80 as overbought and below 20 as oversold. When the K value is higher than the D value, the stock is trending up. When the D value is higher that the K value the stock is trending down. The stochastic is currently oversold. The K value will soon cross above the D value. When this occurs the stock should begin to move higher. Since the current long-term bull began, there have been four occasions when the RSI was at or below its current close at the same time the negative VI was at its current height and the stochastic was oversold. All similar instance led to a significant gain for the stock. The median gain occurs over 12 trading days with a median rise of 12.34%. The minimum gain on these occasions was 8.51%. Furthermore, 17 occasions in the current long-term bull had the stock bounce off clearly identified support levels. I define a support level as one the stock uses as a bottom on a minimum of three occasions. The median gains from these bounces off support have resulted over 16 trading days with a median move of 15.69%. The minimum gain from these levels is 8.51% This 8.51% also occurred when the RSI and positive VI value were at or below their current levels. A gain of 8.51% is probable in this instance as it encompasses a bounce off strong support and has the RSI and VI at extreme levels. Considering the RSI, VI and stochastic levels, the overall direction favors a move to the upside. Based on historical movement compared to current levels and the current position, the stock could gain at least 7% over the next 27 trading days if not sooner.
NYSE:DKSLong
by StockSignaler