RodrigoAguiarS

RodrigoAguiarS

Monthly bearish engulfing candle, engulfing prior 2 candles. Looks like a double top at ATH resistance, fueled by the trade war narrative suggesting further pain ahead and volatility expansion. Not very fond of indicators, nevertheless a commonly used tool by some technicians is the 200 moving average. On the daily we had a decisive close bellow it. From a trading...

RodrigoAguiarS

Long after a double bottom bounce off March 2009 support. The signal is generated after the December 2018 candle closed as a doji at a key level signalling indecision, followed by a strong bullish engulfing January candle that has not closed. Nevertheless it took out the prior 7.95 candle high with a strong price action. Entry is 9.06 the January 18th close, stop...

RodrigoAguiarS

Bull flag break and possible short squeeze.

RodrigoAguiarS

Macro trend line resistance test, a close above could signal a long entry, and a break of the downtrend. Possibly returning bullish sentiment to the cryptocurrency market. Historically, May has been a good month for BTC, with a 4 year trailing average of +31.6275%. May 2014: Start 448.24, End 613.92. +36.96% May 2015: Start 236.58, End 235.95. -0.27% May 2016:...

RodrigoAguiarS

Symmetrical triangle upside breakout. L displaying strength with a daily higher high and higher low, with the three major indices in negative territory for the day.

RodrigoAguiarS

TSLA Scenarios.

RodrigoAguiarS

XRP is currently overextended beyond the upper Bollinger Band range, MACD histogram nearing resistance levels, and a bearish divergence forming.

RodrigoAguiarS

As we have seen in the past, corrections in the cryptocurrency space are characterized by rapid declines that range between 30-40% drops. On the daily chart we can observe similarities with the most recent decline experienced in mid November. On November 12th we observed a bottom reversal candle: wide range (14% from the 6488 High to the 5555 Low) and substantial...

RodrigoAguiarS

Testing 100 MA and gap resistance, overextended upper Bollinger Band and Overbought Stochastic RSI. Risk/Reward 2.

RodrigoAguiarS

Symmetrical triangle consolidating and volume coiling after the massive bull run from last week. Buy support on the 50 MA, Bollinger Band squeeze and oversold Stochastic RSI acting as bullish signals. A resistance breakout would theoretically imply a measured move of approximately 35% to the dollar mark.

RodrigoAguiarS

Nike has been sideways since mid 2016, forming a box in a 49 to 60 range. We are currently approaching the upper range resistance, with an overbought RSI at 77 which is starting to flatten out. Placing a stop just above the resistance near 61 and targeting the 0.618 Fibonacci Golden Ratio for profit. Risk/Reward ratio 3.64.

RodrigoAguiarS

Top reversals are characterized by candles with wide ranges (900 points in this case or a 12,85% taking 7000 as the reference point) and heavy volume (5k vs 1k average), signaling possible trend reversal. Furthermore, the high and low exceed the previous candles creating an "outside candle". The RSI is also indicating an overbought situation, candles in the...

RodrigoAguiarS

Finding support on the 200 MA, we may see a technical bounce leading to a possible retest of the head and shoulders neck line in a move from 320 levels to around 340. Once a retest is made, the pattern may be confirmed with an approximate drop of 12% to 300-310 levels. The horizontal line represents a possible entry point at a prior support level.

RodrigoAguiarS

100 MA and prior trend line resistance acting as support at 5500. Stop loss below the MA and trend line in case the support is broken. Initial target is a retest of the new trend line resistance at 5800. If a breakout is backed with volumen the next target would be a test of the ATH at 6189 which would follow the same premise as the first target, a breakout with...

RodrigoAguiarS

Since the 4945 high Bitcoin witnessed on September 2nd we have seen some bearish signals, resembling the correction seen earlier in June. Taking June as the base scenario for trend analysis, where the market experienced a drop of 38.55% from the June 11th high (2978) to the July 16th low (1822), and assuming that investor sentiment will behave in a similar manner;...

RodrigoAguiarS

Analyzing the possible outcomes for short term trading.

RodrigoAguiarS

Reverse Head and Shoulders formation, long on oil if the 200 Moving Average resistance is broken.

RodrigoAguiarS

Double bottom formation at 143-143 range. support in the 100 moving average, lower Bollinger Band and Stochastic RSI indicating security is lightly oversold. Risk/Reward 2.8