ALSITRADER

ALSITRADER Feb 26, 2020

BITFINEX:XMRBTC Bearish flag with first target around 0.0072.

ALSITRADER Feb 26, 2020

JSE:MEI Last few months was consolidating in rectangular pattern. Break higher was expected but this morning it broke lower. There are small support around 6900/7000 but looks like will go and test 6400/6500 area as pattern projection. Bellow 6900 next support is only around 6000.

ALSITRADER Updated  Feb 24, 2020

JSE:APN Made small head and shoulders with neck line been broken today. Target around 9200/9300 area.

ALSITRADER Updated  Feb 24, 2020

JSE:ASR Made inverted cup and handle pattern in down trend. Conformation will be close bellow 21500 with target 13000/16000 zone with projected target for pattern around 14500.

ALSITRADER Feb 24, 2020

JSE:KIO Breaking long term support and breaking down form bearish flag. Looks very bearish to me.

ALSITRADER Feb 23, 2020

JSE:NTC Made inverted head and shoulders last year that confirmed with target around 2230. Unfortunately for bulls it never pick up momentum and continue trading sideways. On Friday it opened around neckline that acted as support. It could be good long with SL close bellow neckline and target still around 2230/2250

ALSITRADER Feb 23, 2020

JSE:HAR Posting weekly chart since patter is way to big for daily. Made sideways consolidation over last 5-6 months with top of it been tested on Friday. Break above will bring more upside. What I wanted to point is big cup pattern that is still developing. If it plays out potential target is around R10000

ALSITRADER Feb 23, 2020

JSE:MNP Developed falling wedge from December 2018 to Novembr 2019. At the begining for November 2019 broke above with projected target in the zone between 38000/38500 In mean time it went down and back tested falling wedge in January 2020. There is smaller cup and handle pattern that developed over last two months. Target for that pattern is around 37000. If...

ALSITRADER Feb 23, 2020

BITFINEX:LTCBTC Testing neck line of inverted head and shoulders or cup and handle conformation. Close above it can bring more upside.

ALSITRADER Feb 22, 2020

BITFINEX:NEOUSD Great example of polarity change big plus is hidden divergences on indicator. Up trend should resume soon.

ALSITRADER Feb 21, 2020

BITFINEX:XMRBTCSHORTS So far making big englufing bar on daily. If stays like this in next 8 hours cup and handle (or even inverted head and shoulders patter) will be in place. Target for move higher as per chart.

ALSITRADER Feb 21, 2020

BITFINEX:ETHUSD Making flat top triangle after strong move. Break higher will bring more upside.

ALSITRADER Feb 20, 2020

BITFINEX:BTCUSD Big red bar last night, took bitcoin price down almost 900USD or close to 9%. Low of that bar is at 9290 with strong resistance been around 9100. Big channel that started begging of 2020 is broken for now, but possibility of new channel been established is there. As trader you should not forget that one pattern can be changed to the other...

ALSITRADER Feb 19, 2020

JSE:MTN Inverted head and shoulders in making. Neck line around 8950-9000 zone. Break above will send price towards 10000.

ALSITRADER Updated  Feb 19, 2020

FSR Inverted head and shoulders in making on hourly chart?

ALSITRADER Updated  Feb 18, 2020

JSE:BID Posted trading statement that market does not like much. Breaking bearish flag more down side coming. Will probably close the gap.

ALSITRADER Feb 17, 2020

BITFINEX:NEOBTC Back tested broken neck line of cup and handle on even inverted head and shoulders. Currently making big engulfing bar. More upside with targets as per chart.

ALSITRADER Updated  Feb 17, 2020

JSE:BHP Trying to break above falling wedge on hourly chart, we had close above. More strength around here will push price towards 34800 and gap close.