Market is about to correct (that's my guess), but check out this stock. I think is very close to a major break out. I have a large position here, not sure if it's going to do it soon but I'll wait patiently.
Looks that is forming an inverse HS. Is probably going to take a few more weeks to play out but the risk and reward y great at current price. Be careful, is a very volatile stock.
Hey Guys, Banks are realizing bonds arent the safety they thought and need to diversify has shown in a big way with the yields decline, metals bulling and DXY rising. I expect silver to possibly have another leg down with any major panic we might have but once we are past the panic gold and silver will bull just like 2009-2012 and the 80s. Above is the larger...
Price is testing a strong support and at same time is oversold. Last time this happened it skyrocket. I'm opening a small position and if it closes the week above the 100 level I'll add.
Top chart weekly, bottom chart monthly. See the pattern? The monthly timeframe shows the price has been trading in oversold territory for 5 months, last time that happened the price blew up. I'm opening a small long position on Monday if a see the price trying to break the resistance I'll add.
SKYBTC: Double Bottom Confirm need to Wait for Next wave. Note: This is only for Educational Purpose this is not Investment advice. Thanks Adil Khan.
Meeting the 1yr+ support, expected to repeat history & bounce.
Buy Price: Yellow Line TP: Green Lines Moon: White Line Support: Blue Line SL: Red Line (I don't recommend to sell in loss.) Invest Suggestion: 5-10 Percent Profit Expectations: 5, 10 or >20 Percent Just hold and watch. Sell when you get some profit. Good Luck! Looks Good? Leave a like, share and tell me in comments if my trading advices are working...
What's next for Bitcoin? #BTC/USD Technical Analysis The BTC/USD surpassed the 50-day Simple Moving Average which was at around $6,600, a perfect confluence with a former resistance level. It capped the digital coin earlier in the month. The Relative Strength Index (RSI) turned positive and only Momentum is slightly negative. Price just hit U$6,800, as we...
Hello followers, There was a big drop on BTC, but volume started to pick up, and market decided that it was ready to go Long. It is always very dangerous and difficult to trade on Cryptocurrency and Bitcoin, but there are signs of changes, and on good thing to look is the market flow. On Aug. 11 we posted a go long chart, to subscribers, because we could se a...
Hi Followers and Friends, I hope you ARE with Big Profit on your Wallet $$$, riding the waves like a pro. We could see the big wave coming when almost no one could believe. We did see it and believed in it, so we could be at the right place when the wave came. Congratulations Followers!! So far, 42% profit could be very easy with my predictions. If the...
We detected a bullish XABCD pattern. The price should go to the upper edge of the formation and then fall back to the 0.00000225 level. When it consolidates there it will reach our second target. Indicators confirms this scenario, a nice chance to conduct a profitable short term deal.
Bearish Butterfly was formed and the price should go dip to the support zone mentioned on the chart. Stoch RSI confirms trend reversal. If the price manages to consolidate in the tested support zone, there will be a bounce from it to the upper point of XABCD.
The coin with a great Fundamental basis (BTC fork with privacy) moreover it has a good technical status: Moving average (30,50,200), Bull&Bear indicator and Momentum (10) indicate growth. Stoch RSI was oversold so there was a trend reversal and currently reversed H&S pattern is forming. This will bring a new wave of growth in the short term.
The price entered ichi cloud, it broke the strong resistance and moved out of descending channel. Cup and handle pattern confirms the scenario we recommend this coin in the mid term
Taking into account all technical indicators and fundamental basis we conclude that the price should dip a bit more closer to the Fib 0.618 support level. Then there should be a trend reversal and a good short and mid term growth. Overall global correction of STEEM price is about to finish.
A nice cup from Cup&Handle pattern is formed. Overall the coin is pretty bullish right now we expect significant price increase