Blackstone was upgraded this morning by WellsFargo to $60 price target with Outperform rating. This will probably get a nice bid today but I'd be cautious holding past this week IMO. Goodluck BX
Either making a contracting flat to retest the 1450 area... or setting up for a short term sell before retesting this area. I don't think we are quite ready for the BIG short incoming.... Let me know what you think, EVERY insight is appreciated, i am just a beginner, thank you.... !
Strong Support Level ETH BTC Buy Opportunity Short Term and Long Term Alt coin rally
ATOMBTC made very clear view Well i'm not giving any king of entry exit because btc ruined many trade picture is very clear here you can buy at currnet price or below 58000 target are 10% - 20% - 30%
This is my short analysis why BTC will rise in following week. I am certain that it will reach at least 5800. After that it depends on the market if the ressistance will be broken. The BTC google trends proves my point that even more people are interested in BTC as we speak.
Long Term Bearish Short Term Bullish Only Time Will Tell
The light blue Gann fan has shown plenty of significance recently and if a continuation occurs these are the likely points of resistance. The most resistance probally at clusters with the blue Gann fan and the first test of this move will be the $4100 level. The big resistances tests will be the $4200 level and then the $5150 level. Breakage of the yellow line...
As predicted this fast pump has occurred and I believe it is close to topping off at least for this rally around 1/1 of the uptrend Gann Fan. (For some reason the angles don't show up right on post) (Entertainment Only)
Prior 8-day resistance of 3690 has been broken, now being tested as support - it also lines up with the .5 fib line in the larger structure. Predicting a bounce off support to test the diagonal resistance. May form something like an ascending triangle in the short-term, potentially breaking the resistance to reach 3900. Have a conservative long set to 3775. Will...
We are still in the middle of a bigger correction meaning that downside is expected but currently there is a small buy signal on H1 and H4. Wait for confirmation before entering. Take profit as the long term outlook is returning to 3k or lower.
Shortterm bull. My previous gold call worked out perfectly, check that out if you're curious. As for NASDAQ, I'm bearish, I think we have more correction to come. BUT here's some reasons to take some profit if you're short, or open a small long depending on your time frame. 1) 2 Fib levels that I've labeled in green. 2) A solid previous low AND high shown with...
Although BTC held the $6000 support for almost of all of 2018, five weeks ago it did eventually fall and saw us tumble down. Many have tried to predict "the bottom" since then, but there is one essential indicator which is heavily respected by the market and something you should include (among other indicators) when making such predictions in your own strategy:...
if we break yellow line and second elliot wave -> downtrend again
Pullback on daily supportive area. Short-medium term, in case of fast bullish spikes above 6k, take profits. BUY STOP, PROFIT TARGET as attached. I think that if there will be a bullish pullback in the next hours and big volumes confirming the swings, we should try to reach the 23.6%-38.2% area first, and after a bullish breakout, the continuation should stop at...
did a fib, did some volumn profile looks. established lower high on the weekly. short side upwards, will see correction and then should break triangle
I am just exploring the Fib points along with daily support and resistance channel to predict short term outcome. This is highly uncertain, for educational/experimental purposes only.
As usual, projected an XA fib extension from the PRZ to project future resistance based on the pattern.
Bulls have tested 6800 area 6 times since June 18th, I think if we head back up there and the head and shoulders pattern plays out then we will break up towards 7000 area. Maybe consolidate around then and move up giving the resistance time to come down. The 200 MA is moving down and we fell out of the sky last time we touched 200 MA, also the 30 week MA is...