Wells Fargo is in an extremely delicate moment right now. The U$ 28.88 (blue line) seems to be the most important price region, where it was tested several times as support and resistance alike. The prices are in a support region at the moment (pink line), but the loss of this region could make the prices drop to lower levels (orange or red line). It would be a...
I believe the bulls will truly start to show up if ETH closes a candle above the U$ 176. We also see some supports here, namely a purple upward tendency line and the 21 ema, so it’s now or never. On the other hand, it’s easy to imagine what would happen if the prices left those supports behind. ETH could potentially slip through the yellow line (previous support)...
Everything is going as planned here, so I maintain my previous perspective. After the Dark Cloud Cover it will probably seek the previous top at 2,641.4 (orange line). When it reaches there, I expect two different scenarios: Scenario 1: SPX goes to the orange line (previous top region) and does a bullish pattern. Then it might have the strength to break the blue...
We see a flag in LTC. If it loses it, the prices could sink down under the U$ 38k, which is the optimal target of the flag and where it would meet the previous support (pink line). So it’s easy to assume that 37,5k – 38k is a very important region, but after that there are stronger supports near the 37k (Mar 27,28,29 and Apr 1). Also, there’s what seems to be a...
BTC is in a very decisive moment right now. It might trigger this Head and Shoulders pattern, what could bring the crypto down to U$ 3,850 (the optimal target for the HnS). It didn’t trigger yet, so that’s just a ghost that is haunting us. In any case, if we see a bullish pattern here, like a Harami or Piercing Line or Bullish Engulfing it could frustrate the Head...
After a successful Head and Shoulders pattern (inverted), it seems the bulls are going to take a rest today. The volume has been decreasing in the last seasons, indicating there’s a top here. Isn’t time to buy, neither to short, but I would sell my positions. The prices could drop to the blue line (previous top) without spoil the bull tendency, but I would wait...
In my first analysis we see that SPX is in a very important moment, when a Dark Cloud Cover appear in a previous bottom region (blue line). I see two scenarios where I could trade SPX. Scenario 1: It goes to the orange line (previous top region) and does a bullish pattern. Then it might have the strenght to break the blue line and seek the green line, or even...