BSE:SENSEX has recorded a All Time High today(26-Nov-19) but it was rejected by a trendline that extends from August 2018 till today. If this trendline is broken on a daily closing basis then I am expecting SENSEX to continue to the upside.
I am ready to take the risk, if wrong and stop loss hit, i will market buy a break upward. Alts up at the end of consolidation, this could be a trap for alts and a capitulation down with bitcoin... Lets see. Enjoy ------------------------------------------------------------ If you're interest in my indicator "Lady BTC BOTTOM" check the link below:
Nice reaction here. My indicator for now is flat, this mean a probable continuation upward. Long take profit not filled yet, i hope will before hit my stop loss at 10.2k (in profit). Anyway watching the big scenario i am bearish, i think a break below 9k is essential to shake you out before another leg. I could be wrong and i will market buy if a break upward will come.
A retest of 10k is in the way, and a daily close like this will result in a rejection.
Currently Eth is at support, but very weak... If this not bounce next couple of hours, say bye to ETH
See chart. Double shooting atr Doji on the 1-hrs today. Bearish divergence. Media hype 'bulls charging nonstop!' Look out below...
Viberate has formed a double bottom at $0.068, with the last bounce occurred just yesterday. Price then went up by 11% and has reached the $0.075 high, where it has rejected the 23.6% Fibonacci retracement level, along with the 200 Moving Average. It seems that $0.075 is a strong level of resistance, and in order for VIB/USD to move high, price has to break and...
Yesterday Gnosis has reached the low, hitting $45.5 level. This support is confirmed by the 327.2% Fibonacci retracement level applied to the corrective wave up after the ascending channel breakout. Evermore, GNO/USD has reached the bottom of the descending channel, rejecting the lower trendline. Today, as can be seen, after the very clean rejection of the...
At the beginning of April Counterparty rejected the long-term uptrend trendline. The price went up from $10 to $23, after which another corrective wave down followed. At the end of May, Counterparty rejected the long term uptrend trendline once again suggesting yet anther wave up. The resistance is seen at $31, which is confirmed by two Fibonacci retracement...
Radium has formed a strong bottom at $2.62 level. This level has been rejected throughout the past year, while price bounced off it at least four times. The most recent bounce occurred on the 31st of March, and price went from $2.62 up to $6. However, the corrective wave down followed and found the support at $3.3, that is 78.6% Fibonacci retracement level, that...
Decred seem to find the support at 88.6% Fibonacci retracement level that is $37. Price rejected the support together with the 8/1 Gann Fan trendline. The following wave up resulted in the break above the downtrend trendline, suggesting either a correctional move up or a trend reversal. The resistance is seen at $80 area, this could be the first upside target for...
Following the previous idea on NXT/BTC , price went down to 361.8% Fibonacci at 1480 shatoshis, that has been rejected cleanly. The previous prediction was quite precise, and after rejecting the support NXT/BTC broke above the downtrend trendline suggesting the the trend might be about to reverse. At this point NXT is facing several resistance levels that it has...
Simple Token has found the support at 161.8% Fibonacci retracement applied to the corrective wave up after the break below the 3800 satoshis support. The Fibonacci support has been rejected cleanly after which price broke above the downtrend trendline. While the 1580 satoshis support is holding, it is likely that OST/BTC will continue rising towards 3800 satoshis...
During the December rally, Zcash hasn't been the top choice for investors, although it showed a healthy 500% gain, reaching USD 813. On a corrective move down ZEC/USD lost almost 70% and was stopped at the 76.4% Fibonacci retracement, hitting USD 254 low. Price failed to close below that support and what is, more importantly, 8/1 Gann Fan trendline was rejected...
Good morning everyone! Here is the latest with Bitcion: This is on an hourly chart, I normally use a 4 hour. Bitcoin pushed up to the neck line of the inverse head and shoulders with unbelievable effort, considering it had hardly any volume most of the time. It was rejected by that trendline. It didn't have enough momentum and buying pressure to break through that...
Florincoin has corrected down massively since reaching the $0.4 high. Price went south as much as 85%, hitting the $0.06 low. FLO/USD broke below the 88.6% Fibonacci retracement level as well as the uptrend trendline. Nevertheless, price recovered very fast and went up to $0.0135 breaking above the descending channel. Current correctional wave down was stopped by...
Unlike certain 'pros' i've been in this TA game for 3 weeks, difference is they like to over shoot everything. I like to give a realistic target to things. Pros said we are in Inverse Head and Shoulders, where the break out would take us to 18k. I wasn't buying it for a second. I'll keep this short and simple, bitcoin will either bounce off the lighter blue...