Litecoin may see further downward pressure in the coming days if it breaks the yellow resistance line which has been hit many times before, also currently the US stock market is selling off so big players might sell cryptos to have more liquidity, cover the margin call, or ...... This chart is COINBASE:LTCEUR but also you can draw the same line for $LTCUSD. What...
A good time to accumulate for the long term. Many other uranium miners have similar setups. $BSK $BMN $DYL $FIND are very good for long term hold.
Silver $SLV bounced off the strong support and so the miners, perhaps it is good entry point for long term #SILVER bull market.
$NOVR Nova Royalty sitting on 50% fib retracement level and also at Ichimoku Cloud support. I think it is a good entry point for loge term commodity bull market. #Copper #Nickel
I think it has bit more down side to it to find the bottom then it will be time to load up.
50% fib retracement at 119.30 Euro could be a major resistance level and buying opportunity
Just look at this monster, I think is not too late to get in, perhaps wait for a little pullback.
perhaps at this level ($3.55) you can add on
If it breaks out above the resistance line and stays there we could go long.
0.38 Fib retracement at $3.52 could be a buying opportunity
I think next stop would be 0.618 Fib level @ $0.4640. I will buy some and resell it later on at higher price.
Important 0.5 and 0.618 Fib retracment
This time it might break upper resistance as MACD & RSI turning up AMEX:UUUU
In this weekly chart I think can see head and shoulder pattern and MACD trending lower, so I place small short for now.
Hi, Do you think 50 SMA (red line) will act as a strong resistance? Let me know your opinion in comments please. I think it will and we will have a sell off, so we can sell @5OSMA and then buy back at a lower price which we need to wait and see where that would be?