Solidlight

Solidlight Dec 20, 2022

A possible potential bear flag, I would sit and wait for a short position. Failed to break resistance.

Solidlight Nov 21, 2022

What will the audit prove? Is my crypto safe? These are the questions that we have. With the collapse of FTX, Crypto is on the verge on going lower. I placed a stake on CRO coin due to it being on a strong support. A high chance of consolidation and sideways movement before we head anywhere. Let's all pull through this crypto winter. Stay strong everyone!

Solidlight Mar 6, 2021

Dogecoin has gone into a consolidation phase, range is getting tighter between support and resistance levels. We can expect a major upward movement or downward spiral. So far, pennant patterns seem to suggest slight bullishness. Well, we'll just have to see what Elon Musk tweets about it.

Solidlight Jul 28, 2020

We might expect a minor pullback for gold, due to it's huge parabolic movement upwards. The Fed just keeps printing more money, which again leads the the weakening of the dollar and the strengthening of precious metals. Either way, we can buy now at a high and hope for the best, or wait for a pullback and buy at a better price or miss the train. Trade wisely everyone.

Solidlight Jul 23, 2020

Basic analysis: We are seeing a very strong momentum upwards to silver. With the movement of price above the red cloud, the start of a positive MACD signal and strong shifts in the RSI suggests very bullish movement. It indicates a good buy. This could be a repeated pattern in 2010/2011. However we should always trade with caution, either buy now, and hope for...

Solidlight May 31, 2020

Pay attention to key indicators, the MACD suggests momentum is moving upwards with every correction, we can expect an uptrend to be continued for the short term 15 min TF, should it break the previous level at 1 hour TF 1.11448 . If it does not, a reversal can be possible. So trade carefully.

Solidlight May 3, 2020

We are now at critical fib levels for the 2nd wave, a 3rd uptrend wave is possible, things to lookout for are support levels. If it breaks the support then the 3rd wave will be a null and we can expect it to just be a corrective wave instead. MACD is showing signs of turning around indicate a possible swing up, RSI however suggests a possible downtrend for a short...

Solidlight May 3, 2020

EURUSD is facing some tightening of its trend lines, pay attention to the buy volumes in the chart, as well as MACD and RSI upmove. It could signal a possible move up to place a long.

Solidlight Apr 26, 2020

Oil has links in the peaks, an interesting case for oil. We need to take note that major events can affect oil, causing it to go either up or down. Causes of Oil Fluctuations/Drop 1. OPEC Cartel meeting with Mexico and Russia, Oil prices went up but then went to a downward spiral after Mexico walks out of the meeting 2. Donald Trump’s tweet to say that He is...

Solidlight Apr 24, 2020

I expect a complete turnaround and the start of a new trend if EURUSD were to break crucial resistance levels.

Solidlight Jan 3, 2020

We can expect an uptrend to come soon from the retracement of the bearish Elliot wave , possible flat wave identified.

Solidlight Dec 27, 2019

A previous triple bottom and double top formation have caused the price to go up and consolidate between 109.204 to 109.681 for about 2 weeks, an ascending triangle has been identified and could signal a reversal. Furthermore, it is way above the 1 month POC of 108.593, this could signal it to draw nearer and hence a downtrend. Bollinger bands are also widening...

Solidlight Dec 26, 2019

I expect to a new level of 109.681 should it break above the current resistance line of 109.555, if not it will retrace back down. happy holidays everyone!

Solidlight Nov 20, 2019

Possible corrective wave and downtrend on EUR USD to next support, below MA. Short at your own risk.

Solidlight Nov 14, 2019

possible head and shoulders formation. expected downtrend until it hits supports if breaks support expect a major move. most likely bounce back up once support levels hit. short green candles indicate indecision on moves for uptrend.

Solidlight Jun 20, 2019

It has already hit the resistance point since 2nd Jan 2019 on the longer term chart, expect it to fall if it breaks resistance, or buy if it bounces back up.

Solidlight Jun 18, 2019

Expect a falling wedge pattern on EURJPY, possible short and long upon confirmation of reversal.

Solidlight Aug 17, 2017

USD on a potential uptrend already hit support so far, might be time for the next reversal.