good positioning for bitcoin to start the reverse of this downtrend for the time being. Check the old resistance become newfound support while MACD gets. abit of bullish momentum and the RSI rebounds out of the oversold
Very Curious to see how this plays out. Not sure if bullish or bearish so i'll sit this one out until it makes some more sense. It Does seem to have a strong support but the resistance isn't rising. On the other hand it is tapping the bottom of the bollinger band. Just want to document this as reference for similar scenarios in the future.
If you come across...
Just some analysis that i've found showing some strong support for BA. Hopefully some more air travel and good news could help push this along with the technicals. Please make any critiques as I'm still learning.
August 13th - $195 strike call @ $0.43 ($43)
October 16th - $300 strike call @ $1.77 ($177)
I have no clue when it comes to the likeliness of this drawing aligning with any future outcomes. I added some notes of my observations, for where we may be heading short term- on route to complete a medium term recovery (1-3 months). I applied some Elliot wave theory and fib retracements to further accredit trends and observations made from normal TA and...
The reason I used this exchange is because it is close in relation to the price of Doge on Robinhood. I see quite a few different things that make me believe doge would be at a good entry level given past consolidations and bounces off of this same support level (not enough data on this chart but easily identified on other charts. However I can also see the...
following the stock as 5 directors purchased hundreds of thousands of stock for the price of 24 cents on sept 21st just as it started to move sideways and broke out of the resistance. It broke out of its strong downward channel, so I'll be monitoring it to see any significant runs. This is also the beginning of a golden cross if im not mistaken.
Ethereum RSI (14) holding strong above 50, looking at its past outbreak activity I wanna say it has one more big bull run before hitting a big correction.
