Evening Traders, Today’s analysis – THETAUSDT – breaking Dynamic S/R, failure to close back above is bearish. Points to consider, - Price Action Pivot - Range Low Support Confluence - Dynamic S/R Resistance - Oscillators Neutral - Declining Volume THETAUSDT’s immediate price action is below 21 MA and Dynamic Support; this allows us to have a bearish...
Today’s Technical Analysis – USDCHF- trading in equilibrium where a break is imminent Points to consider, - Structural resistance (bearish retest) - Declining volume - Apex - RSI at 50 A break in USDCHF will be imminent as price continues to reach its apex. The support and resistance lines will converge leading into a break in structure. The structural...
Top declining, bottom rising 1H chart, if its break top line then we continuation to $8.4k retest.
On the cadeur, price has been declining for a long time now while holding onto resistance. Price has then created a xabcd pattern in which is aligned with minor resistance zone.
We crossed the MA yesterday and have crossed over the $7.4k, marking a beginning of our 4th segment. Go back and read through my analyses using this strategy, we're up over 11% during this decline! While it is still falling, let's hope this leg locks in some more profit vs USD! In terms of BTC, we're up 55% over the past couple of months! Segment 3 ...
Hi Guys, quick Analysis, i spotted a declining broadening wedge on BTC USD. After H&S formation the support couldnt even be broken by the downtrend after H&S, now trend switches probably and goes for formation target at the first highest high of formation @ 15300 USD after breaking declining broadening wedge top-line. Wait for confirmation and once it breaks...
As the pattern developed it's clear we're in the falling wedge (bullish) bull flag (bullish). When this breaks upward it's going to be a monster. Expect a gain equal to the flag pole. Normally, at Target 1, I take profit and reduce my exposure by 50%. Then I adjust my stop to breakeven. At Target 2, I take profit again and reduce my remaining 50% by 50% (in...
PDFS has huge insider selling in May, June & some recently. And technically it showing downward momentum. We think it is a very good downward momentum setup. * Trade Criteria * Date First Found- August 22, 2017 Pattern/Why- downward momentum short setup Entry Target Criteria- Break of $14.27 Exit Target Criteria- $12.37 Stop Loss Criteria- $15.23 Please...
There is a setback that for the first time stands in the trend line up. Will be an indication of weakening in the trend?
PLNT is breaking down all the moving averages and its trend line support. Moneyflow was diverging & recently plummeted down to negative side. We think it will decline further to $17 area, if it can break $19.83 * Trade Criteria * Date first found- March 14, 2017 Pattern/Why- Trend breakdown short Entry Target Criteria- Break of $19.83 Exit Target Criteria-...
HLT looking a good short setup. It seems breaking down from upward channel, also broken down strong support label. It has great moneyflow divergence. We think it will be a great short & we would consider $57.50 April-17 puts * Trade Criteria * Date first found- March 8, 2017 Pattern/Why-Upward channel breakdown, Support breakdown Entry Target Criteria- Break...
Maybe that is too extreme, but it hopefully caught your attention: I put a short sale recommendation last summer and MSFT and it had an excellent down-move from that publication. Now MSFT has made another earnings announcement and it has made a new high, it's time to revisit and see what valuation looks like. Well, the valuation is a problem. The PSR or...