AUZAUZ has some work to do in order to breakout from the "Strong resistance line" and also get above this Moving averages. If 0.40 break could see another flush back to that .30 IMO.
Weekly rsi was way oversold along with 4 hour and daily.. This may have enticed the strong bounces from .30..
Watching that overhead Res..
TA
PNR Goldies getting some loveH&S made target @ .210. Needs to break out of the daily resistance line. Looking for a small pullback and the potential to form a cup & handle on daily chart. Weekly MACD crossed bullish. Looking for the daily MA to cross and price to break out of upper resistance. Zone's of congestion/interest marked on the chart where lot of shares have changed hand in the past. Worth keeping in mind. Looking for potential handle to form before .185..
Do not want to see .165 break ..
XBT/USD Short term bullishHi, This is my first TA and I have a whole lot to learn but I might aswell give it a go so I can get some (hopefully constructive) feedback. Well I did some fibonachi retracements for the hourly chart to show the support/resistance levels.
I made a descending rectangle to show the bearish trend.
However, if we look at the stoch RSI we see oversold XBT which might instigate a short-term pump for the rest of today and tomorrow.
I am gonna long this till 3750 and try to get some nice profits.
Good luck from your friend and neighboor, MoonMan
$XRP DAILY CHART- the EW does not apply here that much but just ideas of what we could see in the future
- im extremely bullish on XRP for the end of the year as well as upcoming 2019
BTC/USD SHORTERM LONG | COINBASEBulls have held very well these past hours
We closed green in the weekly candle
I see a bear flag in the daily being formed
Set a tight stop loss just in case we do trend down
Volume has been decreasing, indicates a bearish trend
With that being said, I'm longing BTC for the shorterm play
Lets see how this plays out!
Trade safe!
SL: $4048.30
Looking at montlhy btc candles I'm just pointing the obvious: last year, the golden year, the chart had only two red monthly candles, whereas this bearish year we have three green candles. It's 2 in 3 that it's going to drop more... It hurts but I feel like 1k is solid ground. The rest... let's roll another one.
XHV Potential IH&S Breakout***NOT A PROFESSIONAL TRADER, JUST A DUDE WITH AN IDEA***
XHV looks like it could be setting up for a potential IH&S Breakout on multiple timeframes. Breakout with volume would lead to the following short-term targets based on previous resistances and IH&S target from Head to Neckline.
Target 1: 45000
Target 2: 49000
Target 3: 51700
Failure would result in a re-test of the 1HR MA100, MA200 and ascending trendline. Failure to hold support at any of these junctions would result in a re-test of support at the Head of the IH&S followed by strong support at the 25000-26000 zone.
Volume is currently low and would need a big injection to validate any potential neckline breakout.
BTC/USD Daily Chart Ladde To The Top (1 Day chart TA Forecast) At first sight, the market does not seem as unpredictable as we all thought. There is a definite sequence as you can see.
With more careful attention, other interesting facts are also evident.
I think the bullish trend will be slow but glorious :)
I also suppose there will be a slight mirror image, but we will see over time.
Personally, I do not expect any anomalies until December.
Let everyone draw a conclusion and share it with us. :)
I want to congratulate all those who play in the crypto world and to admit they have real courage. And with these actions, we may be jumping into the future. And each of us will be a part of this transition. :)
GBPUSD slide down againHi guys I'm back ^^ so far based on my analysis we could see a good flow of bear trend from 16/10 1600 then, drastic movement off bull on 31th October 0400 till 2nd November 0800 (based on EET) then followed by 2 bear candles (with 4hrs timeframe) and doji, so yah... will see about next week movement :)
Bitcoin Daily Ananlysis 02.11Hello, friends! We are still keep a short position, but it went a bit differently than we expected.
In any case, it didn’t even come close to the stop, so we hold the position and it is completely relevant. The price for the 4H chart has already gone beyond the global downward, but we can't say that we are entrenched. We can aprove this only when the price will go higher and will test the global downward trend on the daily chart, but for now this is a false move, and without volume.
Our indicators are already very eager to fall down. StochRSI 4H has just formed the strongest signal for a fall, and the MACD is already beginning to bend and shows that the bulls have weakened.
If we see that the price has broken downward and actively tested it, we will close the position, but we keep it now.
Thank you for your attention!
I'm a BEAR - BTCUSDTo me we are just up from anger stage on Wall street cheat sheet - let's see what's coming. Everyone obviously hopes here for massive gains - especially alts - I do admit though - I was impressed with Ontology and Wanchain, but Cardano and Iota didn't explode as I was expecting. We learn every day - from here on I imagine we will see shorts piling up... time will tell.
An interesting observation. Daily bitcoin analytics 30.10Hello! We still keep long and yesterday's idea has partly won back, but the price did not reach our take profits quite a bit. Therefore, we continue to keep long and want to add to those points another very interesting observation.
We looked at the chart, used two indicators: RSI and StochRSI. We noticed that when the indicators show a complete correlation of falling into the oversold zone, the price after a while makes a good upward movement.
In addition, we noticed accumulation that the price passes before the fall, which was in the today case. The price hit for supporting the lower boundary of the new global triangle and did not break through the support at the level of 6240-6250. The MACD indicator still shows the weakness of the seller, while small TFs are becoming more 'bullish'.
Thank you for your attention! With you there was a team of traders and analysts Lemon insiders.
One more test of 6200 ?We are currently holding our shorts looking to ladder buy orders and flip into a long between 6300-6150
We see long term resistence and support holding this is just a matter of seeing which direction we break first
For CWN the answer seems Clear, with current conditions after this last move down we expect a strong move up
~Gemini
MFTBTC
Exited my MFT position after a second denied break out.
Assuming BTC does not continue to fall into 5k range, I will be looking for an MFT re-entry around 140 with a bounce. If 140 breaks without support, I will be waiting to re-evaluate.
Is it the end of the flat? Daily bitcoin analytics 29.10Hello! Greetings from the traders Lemon Insiders team!
The price fell down with very good volume after flat.True, there are a few points saying that the flat can continue, or we will see a “Bart” near time.
1. Large volume jumped on the 1H bar of the fall, but at the same time the candle was closed higher than middle. It means that the strait was bought out and this was made well.
2. The second falling candle is already at a slightly smaller volume, but it is closed just below middle, while it has a large shadow and broke through strong support.
3. The fall didn't continue.If there were forces to shed the price, it would be done immediately, but here the MACD indicator will help us.
4. MACD shows the seller’s power is running out at 1H, the indicator begins to gradually turn to the bull side.
5. StochRSI is already in very strong oversold on 1H, 4H and smaller timeframes.
6. Longs has been taken on the fall. The crowd doesn't take longs in the decline, she took, as expected, shorts.This tells us it's advantageous for a large player to take long now.
All these factors tell us that the continuation of a strong fall is unprobably. Most likely, we will see lateral movements or the price will be slightly higher at the test levels of 6300-6320. In any case, it is still dangerous to take short, because we are already at the expected bottom.
Thank you for your attention!
IBM - FREE MONEY!Dear Traders,
IBM has struck a deal to acquire cloud software company Red Hat for $34 billion.
IBM will pay $190 per share for the software company, which it described as the world’s leading provider of open source cloud software, a more than 60% premium to Red Hat’s closing stock price of $116.68 on Friday. Shares traded upwards of $175 in June, but disappointing earnings combined with a volatile market had seen the price drop sharply.
Here are the key points from the deal announcement:
IBM will acquire all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total enterprise value of approximately $34 billion.
JPMorgan advised IBM on the deal and provided most of the financing. Guggenheim Partners represented Red Hat on the deal.
IBM will remain committed to Red Hat’s open governance, open source contributions, participation in the open source community and development model, and fostering its widespread developer ecosystem.
IBM and Red Hat also will continue to build and enhance Red Hat partnerships, including those with major cloud providers, such as Amazon Web Services, Microsoft Azure, Google Cloud, Alibaba and more, in addition to the IBM Cloud.
Red Hat will join IBM’s Hybrid Cloud team as a distinct unit, preserving the independence and neutrality of Red Hat’s open source development heritage and commitment, current product portfolio and go-to-market strategy, and unique development culture.
Red Hat will continue to be led by Jim Whitehurst and Red Hat’s current management team. Jim Whitehurst also will join IBM’s senior management team and report to Ginni Rometty. IBM intends to maintain Red Hat’s headquarters, facilities, brands and practices.
“IBM will become the world’s #1 hybrid cloud provider, offering companies the only open cloud solution that will unlock the full value of the cloud for their businesses,” Ginni Rometty, IBM chairman and CEO, said.
“Joining forces with IBM will provide us with a greater level of scale, resources and capabilities to accelerate the impact of open source as the basis for digital transformation and bring Red Hat to an even wider audience – all while preserving our unique culture and unwavering commitment to open source innovation,” Jim Whitehurst, president and CEO of Red Hat, said.
Let's talk about TA now:
Weekly RSI is OVERSOLD !
Daily looks superrr zweeeeet! I see a possible divergence!
Hourly chart confirms my Bullish Divergence.
This is free money.
Key resistance points: 132$ - 145$