apsnt
Ok, so this is something I've been showing you earlier. The divergences on AO, RSI and dropping volume in the highest price range lead to a massive sell off. Some have successfully pointed this was a classical example of Wyckoff distrubution. This was all easy to see. So, using the basic charting techniques I want to present what's going to happen to Bitcoin...
To say that there's a drop in volume in BTC trading can be misleading. First of all bitcoin has got incredibly expensive so trading 100 bitcoins several years ago is incomparable to trading the same bitcoins today but there's an important factor in play here which shows a negative trend of volume for bitcoins. The 2017 peak was characterized by constantly growing...
1D timeframe. I tried to make it as plain as simple as possible to visualize what's going on. There's absolutely nothing on Bitcoin that says bullish in the coming weeks. Long, long term sure but not before a decent rinse.
Factors: 1. Fibo 2. Support of previous levels 3. Bearish pennant going down 4. Falling wedge forming suggesting sell pressure is dropping.
Not saying that things can't change but we may be in for another reversal when the RSI bounces down from the lowering ceiling and we won't make another higher high.
Fantastic formations all over this stock. Triangle already breaking out, RSI not too high, MACD is crossing. You can't ask for more from a technical standpoint. Lock and load.
Polish Ebay or Amazon if you will has landed. The behemoth of East European e-commerce. With nominal price 43zł and book coverage for traders of only 15% (85% orders volume were not filled during initial offering) it is the most wanted stock on the Polish stock exchange. I'm expecting this to rise to 100zł as the Polish stock exchange is in a state prone to...
One of the reasons I mostly left crypto was lack of fundamentals, almost pure luck. Are we getting lucky this time or what does your horseshoe say?
This date will be remembered as it marks a new period.
Gotta give it to Scandinavians. The company is just healthy and it just hit a fabulous support. It even has free cash on hand.
gap to fill, resistance reached, will it be defended?
Gold's rising, people are already hedging gold stocks like mad. Looks like we're going to C correction wave.
It's still in the downtrend, not even in accumulation phase. The halving is a good fundamental piece of information to consider but technically it looks like crap. The halving may not trigger a strong enough demand to drive the price to 2017 or ATH levels.
Interesting stuff on TV. Clear parabolic trend...
simple strategy, buy low, sell high, avoid losses.
the news aren't good but technically some people may just wanna buy this just to trade it within the range