earlier in the day, EDIT announced on a 50M public offering of common stock, resulting in diluting share holders on a P/E basis and also hinting the possibility of financial distress or mis-calculation on future earnings or road blacks. From a purely technical standpoint, it was already a logical place to take profit and look for future strength to see if the...
REV appears to be setup in a good position for a nice rally in the near future. Its entirely possible that they could have a great Q4 to round out the year, looking for more guidance through future earnings and projections. From a fundamentals level, the cosmetics industry has been seeing the brunt of the shift in the advertising industrial complex, with...
A simple summation on both spot prices, plotted as a simple linear regression from the initial "flippening".
bearish divergences on the 4hr. Volume drying up and buyers becoming more scarce. An inverse C+H could form if we see rejection at horizontal resistance. If this is the case, look for support around 250 USD for re-entry
A bearish divergence forming on the 4hr, possible reversal will likely be put into play. It is entirely possible for BTCUSD to break the upwards TL from here, but if there is strong support around the 3700 range, look to add to your longs. This could be the final bear trap as we approach another A.T.H.
PT is 360 SL is 265 GOOD LUCK!
When compared to the earlier h&s from A.T.H. at $5000 USD, we can see that there is no bearish divergence that would suggest a strong downwards movement towards the mean. The left shoulders and heads, when compared to both trends, both tell a completely different story when comparing them to their oscillators. This is a bear trap.
Go long. interesting to see that the same chart is on each of these four coins.
Strong bullish divergences, PVT is slowly confirming reversal. Wait for ETHUSD to get into range, we're looking for the 200 USD entry
Here ya go ;) entry is 47.1 USD SL is 36.5 USD PT is 80 USD GOOD LUCK!!!
In times like this, the market sends so many mixed signals that makes it difficult to decipher the general trend and the direction. I've found that switching to line and choosing the correct tools helps clear the signal, and in this case, it has proven to be helpful.
PVT is showing divergences in both $SPY and $UVXY. $SPY is also showing bearish divergence The undertones of the Market are becoming more apparent
just a general analysis of BTCUSD, typically when it breaks the general up trend, BTCUSD retraces about 61%, but there seems to be a little hesitation and i believe the precursor to the initial decline was more fundamental than technical. Not sure if BTCUSD has seen this type of resistance before, but i think it's worth noting that there seems to be a general...
PT is .38 USD, but keep the stop loss right at .14 USD entry at .2
yes, you're reading this right; get Long on DOGEBTC. It's showing some interesting technicals right now. Entry @ 44 Sats, could go to all the way back to 100 + Sats. SL at 28 sats. This trade is a Hail Mary. GOODLUCK!
I've been following the US markets closely the past few weeks, and have noticed a lot of volatility and resistance within the price action of the $SPX and $DOW. Usually, Volatility derivatives, such as $VIX, $UVXY, or even $XIV, tend to also move appropriately as well. $UVXY is shown here, which is the proshares ultra short, tends to have the highest degree...
I've been seeing a lot of TA that suggests that we are seeing a potential C&H, which is not true. C&H are characterized by first and foremost by consolidation of the bottom channel. the big sell off, and thus wick, negates the concept of consolidation. While this is not a C&H, this does not mean that BTC cannot break out. There are other technicals, such...