Lets see if this plays out. Looks like a classic upward wedge forming
Fib extensions, trendlines, support/resistance levels, blah blah
Ridiculous support + retest. Solid bullish call with the other vaccine-makers going bullish
Appears to be at a major support line on the bottom of an ascending channel. But if it breaks it could get rekt. I haven't been following the FA on it so I'd have a tight stop under the bottom yellow line if I were to trade this.
Lots of nice things going on. Solid bounce off of support, about to break a downward trend-line as well. Crypto Market cap is nice and high and once btc cools off we can see that fresh money bleed into alts.
Triple top, bearish as hell, and fundamentals don't look good. No stimulus meaning market will likely tank and these valuations should come back down to earth.
Green lines are resistance points but can expect this thing to repeat it's history. XRP loves to mimic its fractals and if you do an EW count you could make the argument it finished it's second wave and approaching the beginning of the third wave up.
One scenario assuming we have a bear market continuing through 2021 with increased volatility due to US politics + covid.
Appears it broke out of that triangle and retesting. Confluence is nice with fib lines at the golden pocket too.
Bill Gates invested in this company, PR is good every week. Volume is going to swing up I believe with the fast advancements they are doing and the increasing publicity. FA + TA confluence here is a beautiful thing, and it's beneficial for society. What more could you want in a trade and long term investment? Fib + EW + trend... cheers!
70% drop in stock price since Dara (Iranian-family excommunicated during the 70’s) after a $200 million dollar waste of money. Imagine being an invested in this welfare company that literally relies on public socialized costs to survive, and the CEO publicly said he wouldn’t let his children inside an Uber during this pandemic. This is a GREAT time to short....
Off-the record analysis with researchers on this vaccine indicate trends may be leaning positive versus negative in the short term. EW assuming that outcome. Set urrrrrrrrrrrrrrrrrrrrrrrr stops peeps Quarantined ...............
This takes into consideration major global events and estimated time frames regarding treatment advancements for COVID-19 in relation to technical indicators such at wedges/triangles and fibionacci time zones from last local low on the weekly. Volume is interesting. The early March exodus was caused by mostly institutional investors exiting and retial remains. At...
Been watching this for months and the catalyst is finally here. Italy reported today that there was a lot of new cases found there and this naturally scared the markets. More china supply slowdown will only increase the odds we hit 100% from the local bottom. I'm going to stagger sell above 50% returns.
I like nuls historically for being a somewhat predictive trade versus others of similar market caps. This is a basic fib retracement + elliot wave recapture of the upper $1 range assuming we range and go up with bitcoin and not correct much from its current $9700 range. If btc ranges to $12k-$14k, this could likely regain $1.
Assuming btc retraces & goes sideways for half of the year, thinking this could be afford bullish long term case. The RR is ok. Low volume coin so would use a very small amount to trade
Using the Fibonacci time zone from swing low to swing high, we can clearly see how it correlates to big pivots. I like using this at higher time frames.
This tanking bank has shown signs of trend reversal & the descending wedge break is a good sign. Retest to the line then heading north. Rsi + a custom momentum indicator show positive buying pressure. If you’re into Elliot waves we can see a third wave forming