MPSX Just had a large burst through multiple time frame pivots with exponential volume. Buy and hold or wait for a dip, but dont be surprised if people arent taking profits yet. 17.50$ as a dip position.
NASDAQ 3D looks ready for more up if price can close above the current resistance with a BLUE CANDLE.. Watch for a breakout within the next week or so.
Crude Oil Divergence, tread lightly and watch for fundamental News.
Momentum/ Price Divergence. If weekly drops lower than 1050 than we will a continuation of downward trend. Im going to be looking for a long entry off pivot assuming divergence condition is met.
Watch for the dip to retreat back to mean, then buy on blue candle.
The Trend is looking like its dying off, and rise of MA's is significant on the daily. One can expect two options here: Break top or retest bottom. Which given volume conditions I see an unlikely break UNLESS we get a nice pivot with volume. Remember, solid PIVOTS must meet criteria. TO BREAK TOP, VOLUME MUST BE GREATER THAN PREVIOUS ATTEMPT.
Consolidation is getting tighter. As you can see a nice triple top that is forming a tight range. 3898 is resistance on a short term scale that we need to break to see a bigger upside swing. You can see that for every trend line up, the break is now getting noticeably smaller and thehigh 3780s are acting as a very strong horizontal level of support being created....
Fair price suggests we will not see a uptrend until more bearish continuation and good bullish momentum. To gain buyers, we must continue downwards. look for 618, 626, and 633 levels. Placing a tight stop abov eeach. Scalpers can peg a nice resistance area. Considering the recent economic events surrounding BTC (regulation uncertainty and exchange hacking) I...
HORIZONTAL LEVELS : The bear is in progress, however the bottom will be incoming sooner rather than later. I am looking for a 655 close on Quarterlies, and a diamond bottom on 4 hr to confirm reversal. If we close below 652, we will see a large continuation of bearishness. Anything above 682 close will bring us a slow bull rally.
It appears that RSI, PRICE VOLATILITY CONFIRMATION, and PRICE ACTION are screaming that we are in sell mode.
Another classic set of ETH TITS., gann is the man. #hashtag
Using FIB circle and Pitchfork, I think the crossing fib circle will take us back down.
Plotted two fib circles and a pitch, levels seems to be pretty spot on. Expect a retrace back upwards along trend lines.