There’s a few resistance lines that it has yet to break free of, whether on hourly or daily. Wait for a possible pull back to $1.50 range
Remember, coins like XRP, BTC are long term investments. Of course everyone would love for this to shoot straight up to the moon, especially after waiting for so long for the long term people. But with recent attention and much more bigger investors, more public acknowledgement of what XRP can do for the world, up to quick now gives way to a pullback to shake out...
Using ichimoku, and the fact of the recent BTCUSD downward movement, we have more room to go down, and looks like we could probably touch $14 range before something happens. Volatility is always a big deal with MARA, and though I have a long position in MARA, I won't do anything until it touches $14 area and confirms a bounce back. This is just my own analysis and...
I believe we can possibly reach the $40k range short term before a bounce, we haven't had a real bounce on the weekly in this uptrend, a reset and bounce up will give up good momentum, similar situation happened in Sept 2017. Anything below this range could prove fatal, but we expect anywhere between 40-present area to be good buying area for the next leg up. Just...
Looking at recent price action from MARA, and given that its been in a downtrend ever since BTCUSD has yet to find its leg up, I think this could be a good indicator of a bounce in both possibly. I would look for a small entry here since it bottomed out and found its way back right on the line before closing today. But not financial advise, just my thoughts...
If we look back at the Jan 27 channel bounce, and take that scenario, and possibly apply it to what just unfolded this evening, then it may give us a possible out look into the next month. BTC is a machine regardless of price drop, it likes going up, if this indeed was the scenario, and we can confirm here in the next few days with another channel bounce...
Not financial advise. Looking at a possible bounce off this channel that's been going since December. However, currently I would wait to see how today's candle plays out. Right now, the big red bar could indicate further drop, and any drop below the channel will definitely indicate further decline to possible 44k range possibly. But hoping this sticks, and it can...
Not financial advise, but I think we go long from here and out of this wedge on the long side
Looks like a good bounce off the channel support line, so any reversal back below this support will cancel my active trade Not financial advise, just my own ideas
Looks like its double bottomed on the daily and hourly on this support, taking small position here, and hopefully watch it go back into the support channel for another leg up. This is only an idea, and in no way financial advice. Due your own due diligence.
It's been in a down trend since highs of mid October, but in an overall up trend still, I'm taking a play off the 100 MA today, and holding long, if it breaks support, then canceling. As always, due diligence and this is an analysis and in no way advice for trading.
NASDAQ:IQ I used the wrong candlesticks previously, still long, and currently hold position. There is still potential based on current news as well as company performance.
NASDAQ:IQ There is potential growth in the company, and though recent numbers still show a company that is in its early stages, the company reported good sub numbers. I think there is potential, but must probably reach the 27 level first before possibly turn around, but with recent selling, it is hard to gauge how the market currently is feeling.
RSI shows this has been pretty overbought, and is now slowly turning around into which I believe buyers are now selling for profits. Over the last several days, though many bulls continue to claim this will reach 220, I have yet to see price break over the high a few days ago, and it continues on its side ways range between 216-217. Ichimoku clouds can generally...