The chart proves a few things: 1) A double bottom formed, so the hourly trend should reverse. 2) BTC is so volatile. You need very wide stops to trade it successfully. 3) What happens to BTC in a few days, can take weeks or months in other currency markets. Note: As some talking heads say, BTC is not a currency, it's a commodity.
Breakout from 2.34, but does it have the legs to go past 2.49? Looks like a bottom is in place but will the trend reverse now or much later?
After today's positive results, can BP break its long standing resistance at 518p? A resistance that's been in pace since 2011. It looks like this is the time. Wait and see.
Volex has broken out and is heading towards its weekly 200 EMA.
Since June ETH has formed an ascending triangle. In an uptrend, that's bullish, although it can easily fail. Wait and see.
After creating a cup pattern since March 2013, BGO has every chance of moving much higher. That depends on if it can profitably grow its business.
Is this RBS's time, with a breakout from 269p.
Is this a breakout from the pennant Northern Bear has formed? Wait and see.
Good RNS which shows the company is likely to have better prospects in the US sanitisation market. The share price also formed a triple bottom since August last year, and today's price easily broke that resistance. A breakout on substantive news is bullish and the shares are now in play.
.On the weekly, chart there's a symmetrical triangle, and it's in a downtrend. It has 6 touches, 3 on either side. If it goes to plan, the pair should fall lower and break out, as this is a continuation pattern and not a reversal.
.Nat Gas has nearly finished its H&S pattern Downtrend could continue
Is Crude making a long H&S top before another fall?
Weekly chart - Reasons to be bullish: Crossover of 50 EMA by 21 EMA Price is trending upwards RSI is trending upwards Price is now above 4.1 resistance Can it go further? Wait and see? Caveat: Rise is based on low volumes
A confirmed breakout after bullish upward pressure since Jan 2017.
Pulling away from resistance that originated in Nov 2011. Good contract wins are resulting in a bullish fundamental outlook.
2 year cup and handle formed. Although it completed last week, it hit resistance and some selling. Will there be a breakout?
Will NXR break resistance of 185? That level has held since Jan 2016.