Bitcoin Making Higher Lows, Short Term UpdateSince The Recent Low Of 6100 Bitcoin Has Since Made Somewhat of A Reversal or At Least A Bounce, Making Higher Lows On The Way.
Now We Are Looking For Bitcoin To Either Break The Over Head Resistance & Continue The Reversal Or Fall Back To Test Lower Supports, The Triangle Shows The Area This Will Happen & Likely Support Zones It Could Fall To.
We Are Still In An Area Where We Do Not Know If This Is A Reversal Or Just A Bounce On The Way Down, My Bias Is That We May Continue To Range Between 6300-7k For A While.
Follow For Updates :)
Prices
ROKU WHAT HAPPENED!Alright so this stock has plummeted down to the 30.00 Region.
It's very hard to tell where prices will go in the future, I believe that if prices break out of the 40.00 Region . We could gradually see prices going to the upside target of 60.00 . Wiping out all prior highs, I also believe that it's not farfetched anticipating a short on this stock down to lows of 20.00 .
I think you should stay out of this stock for now guys! Just my two cents of course!
STAY SAFE GUYS !
BUCKY'S!!! - STARBUCKS PRICE FORECASTING.Starbucks a business which is very close to my heart, seeing that I have it almost everyday. Let's get down to business.
Estimated Earnings was 0.57, however actual earnings was 0.65 . If we're playing the traditional Earnings Game , we could anticipate a large appreciation. Going long on this stock prior to earnings, with this current effect would of left you hurt. I was in fact looking at this stock last week, I just didn't get around to posting it. I think that prices will eventually appreciate creating a LOWER HIGH at the 60.00 price region and a further depreciation is expected making a LOWER LOW . Of course, I believe that if prices however go up to the 60.00 region it also runs the risk of heading up to the 62.00 Region this could happen if prices pass the 60.00 zone with strong volume.
Starbucks Earnings Report: Estimated 0.57, Actual Earnings 0.65
Sector : Consumer Cyclicals
Volume: 51.852M
Market Cap: 82.508B
Current P/E: 19.13
EPS: 3.04
On the VERGE of massive profits. Target $0.76!
I love the way VERGE is playing out. If the base of our
triangle fails to hold at the 50MA we could retrace back
to $0.07 (or .236 Fib).
Right now we are in the buy zone. I'd set up the bulk of
your buy orders here, between .07 and .11. Then, have a few
above and below (just in case).
Our longer term target will be around .76 cents! 800-900%+
profits. I'll take that.
Good luck my crypto trading friends!
BTC/USD Rate Compared to Cash FlowOBV is a volume-based measure that tries to get a handle on cash flows. It is plotted with the BTC/USD exchange rate. Not surprisingly, inflows to BTC are causing its price to rise. The BTC/USD market is a normal market determined by supply and demand. So far, there is no evidence indicating that demand has started to fall, triggering a bear market. This does not mean that there is not a bubble, nor that prices will fall in the future. This is a correlational, not predictive analysis. Besides, technical analysis is a waste of time, given the randomness in this market and lack of external referents by which reasonably objective valuations can be made.
Riding the bullish momentum of the USDCAD - daytrade/intradayThroughout this entire year, USDCAD has been rallying which can confirmed on the larger timeframes such as monthly, weekly and daily.
I'm basing this trade based off of that momentum and on a simple trend-contination setup.
As you can see, price has been consolidating this past week and along with all the momentum n volume today coming because of greece, Im expecting this to go higher with a target of around 1.2800 - around 80 pip profit
Short EURJPY on the breakdown of the SupportSame play as i posted before on the 4hr chart but this time on a smaller timeframe. (attached in the related links)
Same rationale as well as there is clear selling pressure building from the triangle/wedge pattern from the last few days.
Expected price target for this play is 130.90
XAGUSD - Daily Technical ViewSilver continue to trade in this symmetrical triangle and a breakout looks imminent. The biased is for further downside and measuring the height of this triangle (as a means for profit taking measurement) will take us south of 14.50 or more.
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