TSLA still remains in the longterm bullish uptrend, but the bears are fighting for the reversal! For the time being, indication of price action clues in on the channel from $244.59-$387.46 price range.
Bearish Sentiment:
Although the RSI shows somewhat a bullish weekly Divergence, the indication is not decisive for a bullish position. Price is currently in a...
ETH USD has been in a bearish channel since 14 January 2019. It is currently at the bottom of the channel, which gives a probable opportunity to enter the daily long position. Key support is $97-$101. A decisive break below the trend may send the price to the $62 range (unlikely at this time), a price break above this trend will send the price to the $131 range...
XMR (Kraken Exchange) has been playing in the channel of $42-$46.70, since January 10th. We are currently at a key support to take notice for the uptrend back to the $47 dollar range. The horizontal support and resistance lines are also key areas for a probable breakout of price. A break below $42 or a break above $47.16 will definitely increase probability for an...
ETH is looking extremely bearish. Appears to be forming a head and shoulders pattern. As soon as $112 breaks, then the price action will tumble down to $54-$62 region.
The direction of BTC is inevitably bullish, despite a Short Term bearish direction. The Bitfinex price history from 2014, and correction timeframe, along with the pitchfork tool, a projection on the logarithmic scale is fitted to the trend. The 5, 10 and 100 EMA are depicted on the graph to establish momentum with respect to the price action in order to establish...
WTI is looking quite bearish. Despite the channel, which could suggest the bottom of the channel, it looks like WTI could be headed towards lower lows in the long term. If the channel and the oversold RSI hold, prices could bounce into the $65 range. Lows would be $16.33-$22.
This is a hypothetical bear market, based off of the bear market 2008/2009. We are still bullish long term, yet short term bearish. Fibonacci levels are marked with the red dotted lines. Previous correction touched the %61.8 Fib level, which is roughly at $1556.56. Following the channel, and estimating time for correction, would touch the bottom of the channel at...
Bitcoin is definitely still in a bear market, but it may be showing some early signs of a reversal in the coming months. Interested in Longs above $4700 with RSI above 50, and definitely at a golden cross on the daily.An inverted head and shoulders pattern is also starting to form on the daily. I'd like to see the week finish with a bullish engulfing candle. Let...
