Logarithmic chart with 1-day candles from early 2016 to now shows 2 clear trend lines. At BTC's current value ($6k) the risk/reward ratio to this two possible trend lines could be of 144% gains, 55% loss.
IOTA is reaching the end of a long time wedge pattern with no clear signals on where it will go from there. If it goes bellow the support trendline (in red) it could drop as far as the latest supports (pictured in yellow). On the other hand if it breaks the resistance (blue line) we could see a bull run following the same trendline and testing new heights.
The...
Santander's price has been on clear decrease from May's 2017 all time high, but it's showing some stabilisation or loss of interest in a symmetrical triangle, ever so slightly ascending. The Stochastic RSI is showing what could be a bullish divergence. If the price breaks the 5.90 resistance it would signal a change of trend. Otherwise, the 5.80 price area could...
Litecoin has just peaked like Bitcoin did just about 48 hours before. This makes sense as LTC it is often touted as the "lightweight" version of BTC.
My guess is that after BTC 's and IOTA 's amazing rise, many newcomers are opening to alt trading and are betting for Litecoin, especially in the Coinbase app (which, incidentally, is no. 1 in the iOS app...
NYSE:SQ is showing a noticeable bearish divergence in the RSI oscillator vs price after its latest spike post-earnings. May reach the $38 or even $36 resistance before going back up again (Square has a pretty solid product and R+D, although threatened after NYSE:SHOP 's hardware venture into point-of-sale) or forming a head and shoulders pattern and inverting...
NASDAQ:AMZN is showing a slight bearish divergence in the RSI, perhaps signaling that the current bull rally is losing traction. A good time to adjust stop losses just bellow the $1087 support in case there is a major correction after last week's breakaway gap.
BTC tends to work well with Fibonacci. I applied a Fibonacci retracement to BTC 's $1600 support and tried to make it fit into the latest price spike and drops. I also applied Fibonacci Time Zones to the strongest dips. Not very conclusive but this last dip shows ahead of time, perhaps still more to deep? Besides the big dip seems to have gone back to the $5200...
NASDAQ:GPRO experimented a considerable breakaway gap upwards and has had considerable volatility since then. Yesterday's -2.41% valuation could signal the end of this trend and back to the previous one, which was slightly, but clearly, bearish.
Noticeable bullish divergence between the latest price dips and the RSI, NYSE:DIS may be ripe for reversing its current bearish trend, especially with the earning calls in Nov 9th and Christmas holidays. Disney's latest films (Thor Ragnarok, Coco) have had a good reception.
AMZN 's recent >+10% gap fits within it's long-term upwards trend, as seen on in this 1-week chart. May be reaching resistance level (possible SHORT with stop at the $1000 level), but headed in the right direction for continued growth through the holiday season.
Last spike is nearing the resistance level, likely downward trend in the following days ready to pike up for Holiday Seasons.
Coincidentally, Christmas falls within next Fibonacci Time Zone; optimistic price target in the range of the $170?
