NTC
Netcare looking sick at the moment - Target R10.36Inv Cup and Handle has formed on Netcare since November 2023.
It is a high probability nature that the price is likely to drop as the price is below both 20MA and 200MA.
First target is to R10.36.
NOTE: I do acknowledge that there could be a short term W Formation which could cause some chop and even short term upside.
So this is indeed a medium term analysis.
BTC/JPY - weekly Analytics + Altcoins 23.08.2021Bitcoin continues to move in a unidirectional growing trend, the key support level is the mark of 5.153.800. At the moment there are no signals of trend reversal, the ascent of quotations continues. The investor sentiment is on the optimistic levels close to the maximum euphoria, but peaks have not yet been reached in our opinion, so we monitor the situation in development.
Altcoins:
We single out TRON and HIVE as the most promising coins to develop a steady rising trend. (the idea is confirmed by local growth impulses).
Netcare LTD - NTC 1WNot Financial Advice - Open to feedback good or bad
Netcare - NTC
Really sorry for the Ugly looking chart.
Current Price R15.50
We can see clear bull div on the weekly. Price seems to holding above the monthly support (Blue line). Wont mind taking a spot position with a stop loss below R13.50.
TP1 - R18.25 *
TP 2 - R20.00 *
Stop loss R13.50
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@Muazcoin
$JSENTC Netcare 911, we have an emergency!This chart looks like an emergency that requires an urgent intervention! Perhaps the major volume seen today could be an indication of capitulation and i will be monitoring the price action in the days ahead to see if it is able to recover from these over extended levels. Should this level hold which is also coincidentally the bottom of the downward sloping channel, we could see a bounce take place to the R21.00 - R21.60 area. R21.60 is an area where the chart also has a small gap which might want to fill first before any further downside ensues.
Litecoin (LTC/USD) : looking good short term bearish, midterm bullish..and Possibly long term bearish
looking very good too early to tell but I will be watching it for a while and hopefully it all plays along. EVERYTHING adds up at the moment and i really like the looks of this.
If we break up thats another story. But for now this is bearish.
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Thanks!
$NTC $0.705 getting close to run...Traded this one early last month.
They normally pip it into new lows just before the launch.
FD holding
$NTC potential breakout...OR test/spring $1.35 NEWS with notesTraded this a few times now,generally a quick mover.
Hard work done Resistance (R1) $1.30 broken Friday, should provide new support if required (after today)
Looking for re entry atm
Today has NEWS giving potential for
Final shakeout/test/spring >>target $1.22, close hod? buy ONLY if relatively LOW VOLUME on low of day
OR
gapup (will enter on gap fill) & Breakout
BTC - Descending Wedge!?To early to call really, this idea really just feels right to me. I know there's a lot of signs that are pointing towards low 6k for bounce, but I'm more bullish minded with BTC and am cool with this .786 retracement over the bearish 1:1 scenario.
If we do get this descending wedge then you can expect some nice bounce back up to 8400 range over the weekend.
Why we're bouncing right now. Hitting that .786 FIB level perfectly