To add a little more data to my last BTC idea, I too a fib retrace measurement on the current price action, and it is also confluent with my previous target of 8260. I will link the previous idea to this, so it's easy to find.
The support of the raising wedge/channel I had drawn in is finally broken. if orevius support does not hold at 9100, we can potentially see it tumble all the way down to 8261, which is in line with the 200 day EMA as well as the current location of the 100 day EMA. but even with a target of around 8200, many key factors I'm looking at, hint towards bullish price...
SQ since it broke out of the ascending channel, traded a few weeks in a sort of bull pendant, or more likely a rising wedge, consistently touching and bouncing off of the top resistance flip support of the channel. The momentum was strong enough to break the major historic resistance (the dark green horizontal line near current price action). It appears to have...
BTC has been respecting the ascending channel thus far, we bounced hard off of the lower support line, and confirms my next target to 10650. the last dip brought is to around the 9600 area, which made a great "buy the dip" opportunity, I hope others got in to that great opportunity to possibly buy BTC under 10k. I will be looking for another point of resistance at...
Looking at my EMA's, a couple of things I've been waiting to confirm, confirmed today. I have been in SQ since 64 USD, on suspicion of a trend reversal. As the 55 EMA crossed bullish over both the 100 EMA and the 200 EMA, I can now say it appears that the reversal is confirmed. I will be keeping my eye on major levels of resistance moving forward, expecting...
The 360 dollar area looks to me like a very key area, as it has been both strong support as well as resistance in the past. I'm interested to see what happens when we touch that point again, if we get rejected, we could tumble down to about the 222 USD range, and I would definitely be expecting a bounce off of that level, if we did fall back to retest it. if the...
If ETSY has in fact broken out of what I suspect to be a cup and handle formation, then I would say 63.92 is in the cards for it's stock price. It recently closed it's most recent gap and we are heading towards earnings come the 26th of Feb 2020. I will be keeping an eye on this. I am a little concerned about the bearish crosses of the EMA's, but it looks likely...
After attempting to break this heavy resistance line once before about last week, it appears we have opened at support and hopefully it holds this time. It looks like we also broke out of a bull flag created in yesterdays price action, if this support holds as strong as it was when it was a resistance, I will be looking to hit at least the 84.62 USD target, if we...
I've been watching what I believe to be an ascending channel in the price action of LTC since we broke up above the downward sloping resistance, if we can retest the top of the channel to confirm that would be great, but I will also not mind moving straight up from here.
Just a simple analysis here, looking for key levels which i've identified with the red horizontal lines. looking to see what happens at each level, but, looking at the 21 monthly EMA, it appears we are above it on the monthly, my last target of 1811 USD is based on the move before the last ATH, very interesting times ahead for crypto this year and moving forward.
SQ is testing a very strong resistance at this time, I would not be surprised if the price came back down and tested the symmetrical triangle we recently broke out of for more confirmation of a bull run. the targets will change plus or minus a few dollars depending on when and which way we break out, my long target will be the 126, if we can break the old ATH, if...
I was watching the second support line, in hopes of a breakdown to enter a short, which did not happen. Instead, we got a hidden bullish divergence in the RSI/Price action. Again breaking above it's upper resistance. I am still watching for a correction, or a resistance flip support to see if my 70-72 dollar thesis is still in play. for the short term, I am...
Two key things I'm looking at for short term price action. We broke out of the upper resistance of the horizontal channel, as well as the major resistance from the most recent highs, which is a very strong resistance. we still have the resistance from the all time high to test. I will be looking for the 9999, 10804, and possibly even the 11278 targets to hit...
BYND is trading in this channel on top of what I think is a bull flag on the tail end of also what could be a cup and handle pattern. my target for both is the same, at about 196 USD. But first we must test and break the top resistance at about 135 USD. It is nice to see that BYND bounced nicely off of the lower support, adding to the possibility of a retest of...
I guess folks are enthusiastic about earnings on TWTR? After a big pump like this, I am expecting a slight pullback. if we retest the 37.7 and hold support I can only assume the 45 dollar target is next. If it falls below the 37.7 for an extended period, we might go to fill the gap at around 33, or retest the downward resistance turned support. **THIS IS NOT...
SQ retesting the top of the ascending channel I have been looking at for some time now, and it seems to be holding. If it does hold, I am looking for the 82.41 target to hit, then if that breaks, the 85.06. Nice momentum on the EMA's, if we get another push up from the RSI it can very well happen much sooner than I had anticipated. If the price falls back into the...
I am still waiting for more confirmation of a bull market, as much as I believe we are already is one, I would like to see the monthly close above the 21 EMA and hold that as support. I have been holding LTC through 2019, and it's nice just to see a bit of excitement in the markets again. My long target is around the 400 dollar range and possibly 90 in the mid...
TWTR formed a gap a few days ago at about 37.80 USD, I am looking for TWTR to break the downward resistance line, and retest the 37-38 dollar level. if that line breaks, I will be looking for us to test the 45 dollar range not long after, at these prices, holding a few shares and long calls won't hurt. ***THIS IS NOT FINANCIAL ADVISE, I AM NOT A FINANCIAL ADVISOR***