Potential brief pullback because we are at upper end of trend line but stocks are headed north. If you want higher leveraged returns for short term buy TECL (US Tech 3x leveraged bullish) or SPXL (S and P 500 3x leveraged bullish). When the market does turn and I don't recommend buying these now unless you're day trading TECS, and SPXS are 3x leveraged bear funds.
Hello Traders! Update on NEOBTC, which has proven me wrong from previous analysis (see chart linked), NEO has successfully broken bullish from its apex and is consolidating above the .618 Fibonacci Level. Points to consider, - Strong Bull Trend - Key resistance broken, S/R Flip - Price consolidating on support - Volume Declining - RSI respecting support...
We have breakout of the consolidation pattern and bullish RSI. Look back (scroll left) to see the double top Sep 20 - Oct 03 2018; note RSI diverged with lower reading on ATH 3 Oct even as price made higher high. We knew then it would sell. We don't have that yet a year later; we have an ATH; but RSI still not maxed c/w prior highs, I do expect a pullback to...
Hello Traders! Today’s chart update will be on ETHBTC which is testing a very critical resistance level in its established 4hr time frame bull trend. A break of this local resistance will increase the probabilities of testing major structural resistance, presenting a potential trade set up. Points to consider, - Trend line being respected - Price testing local...
Back in the middle of June, we jumped over $182 to $185 approximately. We are in a short-term bull trend, a support at the 200SMA. If we can fill the gap (check chart), we could see a rally up to $200.
Let's see how xrp has held the strength of the trend well. COMPRESSION PHASE. The market may soon change direction. What do you think ? Follow me if you want stay up_to_date ;)
At the end of July, we predicted what will be happening with BTC in the upcoming months and we were right! Yesterday we even had price manipulation on Kraken. (check RELATED IDEA "catch me if you can") Now we are predicting the next wave coming! More strong arguments, detailed explanation and correlation with other indicators coming in the updates. Like the post...
Hourly Momentum is suggesting that a break is ready to happen today. I will be looking for these indicators to turn south to prove me wrong; they are currently lined up well. Personally, the long was 2924, and at the time of the posting it is too late to enter. Here is some analysis on my twitter feed , and I am now updating it daily!!! twitter.com Find out...
The Bull Bear Trend oscillator back to bullish. As much as shorts will have you believe that there is no reason for them to be concerned they are already covering and the number of shares sold short is down 17% from the highs. Not covering here near the golden cross, 9% above the 200-day MA is very risky even from a TA perspective. Additionally, the date of...
Looking Ripple chart, it shows XRP can have a very probable and huge potential bull trend in Q3/Q4 this year. Ripple has been experienced very hard timing on 2019 Q1/Q2 bull market, but at larger chart, we can see it has finished Elliot waves (falling wedge) and break out falling wedge with good volume, and now is at very huge support line. Also comparing previous...
On the right, the daily chart, a bearish gartley setup as a counter-trend trade but on the left contrary it's a trend trading opportunity for the bearish setup. It's great as a third-chance entry for traders to short however I would very much discourage that thought for 2 reasons: 1) Target 1 for the bearish shark setup has been hit, and; 2) it looks pretty much...
BITCOIN in a wedge up. Soon $1000 p .day? Bitcoin is following this wedge so nicely. If we break above the recent top we can see another nice parabolic pump. Maybe up to 17k This price can accumulate with $1000 pday again. All ALTS are bleeding now because of the BTC dominance. ALTS are getting chances soon but first Bitcoin needs to reach a higer price. If we...
#Accumulatio_Recommendation Pair : #XLM / #BTC RSI : 39.65 TA Notes : - MACD : Still in bearish mode in the longer time frames but looking bullish for the 1H chart which will be a bullish indication. - RSI : Is in a good position showing a bullish behavior too at a neutral position for a leg upward move for the 1H chart. - EMA : Looking to go below the...
A bullish bat has already formed up, I do need to wait for a retest to engage the trade, but having the market to gap up and hit the 1st target, I will be much resistance to engage the trade. A bearish shark on the 4-hourly chart(right) as a counter-trend setup. What's your trade plan? Comment Down Below.
EURUSD on all 3-timeframe is showing a bullish trend. On the daily chart(right) does pose a selling opportunity. I'm waiting for a double bottom for further confirmation for a buying opportunity on the 4-hourly chart(left).
BTC is currently drawing in a bull flag after an impulse leg up. If we break the bull flag to the upside targets beyond 10k$ are within reach. However we are also nearing the end of a full EW cycle which demands a retracement cycle to follow. I'm currently looking to long a breakout of the bull flag to see an extended 5th wave If we however break down I'll be...
As per the charts it is moving and making new short support and resistance. as per the new spike of 8100 level 7775 is the short support if this level will not get down for a week we can see new high in coming weeks. BTC warming up to participate in 10K run. 4 weeks is the time for game change. Don't do short selling as short strategies are failing.
not gonna say much think the market is heading down but slowly entering a scalp trade on this bullish setup stop very tight this has the vol to have some nice trades today but think you will eventually see at least 220sat again most likely much lower as the people who will accumulate this will not accumulate at this level so investors beware