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BITCF 1 Day Charts, break out of trend pattern, tests key resistBITCF has been consolidating since the first historic boom up to almost .90. As you can see there are two major trendlines, down and up, since the beginning, and since the peak. This looks like a long term bullish indicator as price has been consolidating during an upward trend. Price has broke above the pattern on the 1 day chart, and we see 2 strong bullish candles. The price is testing very strong resistance levels at the 50% and 61.8% Fib ratios of .46 and above. If we can see BITCF close above .47, this may be indicator to open long trade. Currently the price has broken well above the MACD lines, and looks to continue if BTC continues to do well. The two are related, as BITCF is one of the top 3 companies to fund the hemp industry using Bitcoins. Keep a close eye on these reistance levels. If broken, we should see an upward trend to 80%-100% previous highs. Use indicators as confirmations. *Keep in mind, this was updated on 1 day charts, which takes time to come to fruition. I will open a trade if price goes above .47 with a strong close, and set a stop below the next Fibonacci level downward at .35. I have already invested buying in at .35 for long term in this, so I like to keep an eye on it.
OTC:BITCFLong
by Shwayze
5
Can it be anymore clearer than this?Clear wave pattern seen in the XLF -0.25% ETF . I'm expecting one final push up from 23.54 right now in the next few weeks with a target of 24.76 (76.4% retracement of 2008 highs). It would have been pretty good level to accumulate some long term puts up to a year. The anti-bank sentiment is far from over, and almost certainly not right now. Trump rally at least in the short term is not going to unwind the fact that we're in a deflationary cycle and it will only get worst.
AMEX:XLFShort
by LastBattle
1
REPORT. Prediction of the S&P and how you can react Q4-Q1 (2017)Gold as save haven? No expiration timeframe, no extension possible. S&P500 correlated to deutsche bank (DB) Highly correlation between them. A price of 12,00 for one stock deutsche bank is to high. take a look at this figure: in bad fincial times we seek really horrible figures... On this moment Europe and the US have more or less the same problems in political and financial way as in 2008 take a look at my last report: we are seeing that gold is a save investing, and the S&P reacts on financials. information derived from Bloomberg, ING TA/FA none of these information influence the market, trading is at you'r own risk.
FX:SPX500Short
by tmp_cox