Lithium Batteries - Pure PlayLIACF has been bottomed from 2016 high and recovering from long legs with room to go.
* Volume spike 2 days now
* Trend line broken in heavy volume
* Lithium demand for electic battery storage LIACF TSLA NYSE:NAV
Fibretracement
JP225 on the break of the triangle 🦐JP225 on the daily chart has retraced till the 0.382 fib level before moving in a consolidation range.
The market has bounced twice on the daily support creating a double bottom where it took the liqidity to start a new impulse to the upside.
If the market will break the triangle and consequently will break the upper daily structure, at the retest of it, we can set a nice long order according with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
S&P500: Short the all-time high 3390 to at least 2930August 15: meeting with China. Will the trade war worsen?
November 3: US elections.
Before November 3, Trump expects to have the vaccine.
What if the vaccine does not work? What if we are in a brand-new dotcom crisis? Investors will collect profits at 3390 from the S&P 500. It's the most safe movement they could do to mitigate their appetite of risk. So at 2930 there is the so-beloved-by-investors 0.382 level.
The bat pattern I draw is not accomplishing two parameters but it may enforce its prophecy...
Have a good trading in 2020.
Leave a comment to hear from your thoughts.
Faith in $KTOVI believe $Ktov is on its way up. Yellow lines are resistance but once it breaks each, it'll continue to the next. I think it will be close to .90 by Friday if it continues it's trend. Any PR will skyrocket it on to the next level. Thoughts?
EURGBP H&S H1Interesting setup for a short position., Bearish H&S pattern, a test of broken support now resistance and a 0.618 retracement in the same area.
Long Pullback Setup | Swing TradeAfter experiencing another rejection from the previous resistance area, price appears to have shifted in momentum. We are moving downwards and expecting to see the price slow down around the 0.618 Fib retracement level. It also corresponds well with our previous resistance line (which is now acting as support), and on top of that, there is the respectable ascending trendline obviously.
Origin Protocol price at Support | H&S also possible price taking support at 3200 and now price also taking support at 0.618 fib on daily time frame
we wait fot 3500 zone to be crushed and than look for entry
or very big big head and shoulder pattern .. to trap noob
USDCHF LongPretty simple idea. I'm looking to go long on USDCHF, the price is moving in an uptrend and where the next touch of the line is looking to be is also a pretty solid support zone and also the 38.2% level on the Fib and will most likely be at the 20 level on the RSI or even lower. This is looking to be a great opportunity to buy.
USDMXN HIGHER LOW AHEAD? MTFA ENGLISHNOVICE TRADER SPECULATION:
Hello Traders!
I tried to make this TA much easier to understand.
It looks like on D5, we are approaching what could be a very good long opportunity.
LOGIC BEHIIND LONG:
-TA
-ABCD Pattern
-Breakout
Entry at the Green Flag.
Live long and profit.
ZM
BTCUSD: Daily MACD Signalling Seller Exhaustion at $8,500As can be seen by the Moving Average Convergence Divergence (MACD), bears have begun signalling exhaustion on the Daily time-frame at current prices, though not yet confirmed with a closing candle. This colorful extrapolations is based on the most recent times the MACD's histogram went below -175 while trading the bear & bull exhaustion cycles, as opposed to the bull and bear crosses with the signal line as the MACD is traditionally used for.
The concern is decreasing bullish momentum of each rally (when sellers become exhausted >-175) with the lower highs on the buyer's end of the histogram, as well as other short-term bearish factors. None the less in each occurrence in the past 9 months bear exhaustion has signaled good entries for profitable trades or otherwise break-even trades at worst (such as the yellow and blue recent seller exhaustion).
In the background, the 0.5 fib retracements of the $3.2K to $14K as well as $6.4K-$10.5K move line up around $8.5K at current prices. The RSI is otherwise bearish with room to move to oversold conditions, as referenced below. It's time to BTFD again.
Worst Case Bear Flag Extrapolation & BTFD Scenario
VPVR Part 2: Volume Point of Control Now Turned Support
VPVR Part 1: Volume Profile Accumulation Zone $5,910 - $8,630
Network Hash Gives 10th Buy Signal In 9 Years
Extrapolating 2014 Correction - Could $6,500 Be The Low?
Two & Four Year MA's Claim It's Time To Accumulate
ETH can't keep this trend up! Here's why I believe that.The panel on the left shows you an ETH chart, and the one on the right shows you the RSI and volume.
RISK: MEDIUM
I personally don't see ETH going back up, it wouldn't make much sense for it to keep going up without at least a tiny drawback, considering that it isn't driven by anything in particular to go up, the volume seems to be not corresponding with the current, rapid upwards trend.
Leave your opinion on this in the comments and I'll make sure to go through all of them.
Pullback for Bullish Entry?I've been accumulating GBTC since $4.28 and as I was looking for the next dip to buy more I ended up with this setup idea that I decided to publish. It'd be a nice swing trade assuming we get down to the entry, though to be clear, this is not financial advice - I am not even planning on trading this other than accumulating more at the entry of $9.85 (will probably front run of course). That said, if there's something you see here that you can make use of, then awesome!
If the GBTC premium stays where it is (which is a horrible assumption BTW), then the entry will be roughly equivalent to $8775 spot and the top-most profit target is around $12.3K.
BTCUSD: Zooming Into The Weekly Chart Doesn't Look GoodUsing the 2100 & 4200 MAs on the 4hr chart (like a weirdo) gives us the 50 & 100 Week MAs on a zoomed in time-frame. Although we already had the bullcross on these Weekly MAs, on a 4hr chart ("in real-time"), we are now seeing the bullish crossover with the price sat underneath it.
This follows two weeks of rejection fom the median of the bear channel, continued failure to maintain support above the 0.382 fib retracement (of the $3,100 to $13,850 move), as well as arguably initial rejection from the bull-cross itself that "IRT" occured yesterday.
With the volume dropping off and another descending triangle being established , this is enough reason to be bearish right now.
Related TA:
Could This Descending Triangle Be The Final Fake Out?
Measuring The Move of the Descending Triangle Breakdown
Descending Triangle On 4hr Chart To Look Out For?
Extrapolating 2014 Correction - Could $6,500 Be The Low?
Miner Capitulation Or Minor Capitulation?
Bitcoin Repeating History: 10 Part TA Series On Repeating Past Patterns
Full series with recent updates: bitcointalk.org
CRLBF Key Resistance | Trend Reversal? Hello Traders!
Today’s chart update will be on CRLBF – CRESCO LABS INC, potential trend reversal if local resistance is broken. Price is building up near resistance, is a break imminent?
Points to consider,
- Trend bearish, attempting a higher low
- Support provided by the EMA’s
- Local resistance being tested
- Stochastics projected upwards
- RSI respecting support line
- Bear volume decreasing
- VPVR spikes in volume, confluence with Fibonacci Retracement and Extension levels.
CRLBF right now is attempting to break local resistance, a key level in the trend, when if broken will confirm a trend reversal as this will put in a local higher low.
Support is currently being provided by the EMA’s, there has been a bull cross, price is holding near resistance (build up), this signals strong buy pressure which increases the probability of a breakout.
If a breakout was to come to fruition, the technical target will be at structural resistance; this area is of heavy confluence as it is a key technical level. We have the Fibonacci retracement, .50 level; in confluence with the Fibonacci extension level 1.414. A test up to and retracement from structural resistance will put in a healthy higher low for the overall trend.
The stochastics is currently projecting upwards; momentum is stored for a breakout. However a rejection from current area will have the stochastics in favour of the bears due to more downside room.
The RSI is respecting its trend line, needs to hold for a breakout to come to fruition, it is currently trading in neutral territory, we are not in extreme overbought/sold regions as of yet.
Bear volume is visible decreasing, we can see strong bull volume in current level, this signals that buying pressure is greater than selling pressure; bulls have a greater probability of breaking out from here.
The VPVR is quite interesting, its cluster of transactions increases near structural resistance. This level is a very good technical target for CRLBF, due to confluences from the Fibonacci Retracement Level .50 and the Fibonacci Extension level 1.414.
In other words the more technical confluences within an area, the more significant that area will be once tested.
Overall, IMO, CRLBF is probable to reach its technical target due to strong bull volume near resistance. This will allow the stock to put in a higher low, changing the overall market structure…
What are your thoughts?
Please leave a like and comment,
And remember,
“Trade What’s Happening…Not What You Think Is Gonna Happen.” – Doug Gregory
Altcoin Dominance Bouncing From 0.382 Fib Retracement Bouncing from 0.382 fib retracement, altcoin dominance has broken above the 200 Week MA (29.65%), RSI now left oversold conditions and MACD about to bull cross. "ALT.D" (1-BTC.D+99) needs to close the weekly above the 200 MA to remain bullish, but otherwise the risk/reward is there for a trade to the 0.5 fib retracement (49.95%) and resistance level. This would be a trade on the monthly scale on the left with the price bouncing back from the 20 MA to the 50 Month MA.
Related altcoin dominance/market analysis...
Altcoin Dominance Retesting 200 Week MA. Bounce to 40% Incoming?
Altcoins Bouncing From 200 Week MA after TD Sequential 9
SPX Bearish BAT near 0.786 Fib Retrace: Rollover Imminent?Pretty compelling graphic; the 1.621 BD resonance strongly suggests imminent rollover. This pattern has been long in developing and bulls are reluctant to give up gains.
I expected retest of TL at 3010; got to 3003 on Tuesday and fell back to the 0.786 Fib line. Still can have a washout top to test that TL, might get bullish Friday.
This feels like an extended, exaggerated B wave in an ABC, although it has dragged on for so long it seemed as if it would just keep grinding along in a flat.
See my related post on DJIA. That one already overshot the 1.618 harmonic, relatively greater strength in Dow Index carried it above the resonance projection.
Sudden enthusiasm over ERs or global good news could easily break this pattern and send prices to test the ATH. This harmonic pattern does favor R/R for shorting.
I've been fooled twice by this whipsaw and stoplossed both last week and again yesterday but pattern does appear to be nearing completion.
This is not investment advice; just another crackpot idea; trade at your own risk; GLTA!
CAD/JPY Fundamental : Canadian are having an election October 21 that could lead to a weak dollar and Japan have just close a trade agreement with United states that will surely advantage the yen.
Technical : I'am seeing a huge short opportunity on the CAD/JPY pair, I have use the Fib Channel to determine that the short therm uptrend could revers and follow the long therm trend. I've personally enter this position at 81.800 (blue line) where the trend line and the 150 EMA have joint, I haven't put a stop loss but I've put alert 10, 20 and 30 pips higher to make sure that the downtrend is not broke. One of my take profit is 250 pips lower that I think will be touch in the next to days where the Level 0.618 of Fib Retracement cross the 0.236 line of the Fib Channel
Remember, before investing, you should always make your own opinion, this analysis is only my personal point of view and is not a investissent advice.
OIL TO DROPAfter another fib rectracment has been achieved my biased opinion is short to hit TP1 monthly support then TP2 fib extension -27.00%
