K3 is an overbuying candle. It verified a bull market. If I hadn’t bought it earlier, I will try to buy it if the following candles successfully fall back to test the middle line of the channel. Long-72588/Stop-70K/Target-100K
From K1 to K3, It is a bullish three soldiers advancing pattern. Two candles close upon the neck line. It is most likely a valid break up. And market will accelerate. If I hadn’t bought it earlier. I will buy it here. A nearest price target is about 200USD. On the other hand, If K4 close below the neck line, The risk will sharply increase. I think the...
From K1 to K3, It is a strong bearish evening star pattern. A sharp price correction or a potential short-term bear run is on the way. It is also likely that a large scale horizontal consolidation is on the way. But the possibility is relatively low here. If there is a weak rebound after K3, It will be a good place to reduce long-term positions. And, if the...
K2 nearly close upon the neck line, And K3 keeps climbing up. It seems that the large scale consolidation had ended. And another bull run had started earlier. If I hadn’t bought it earlier, I will have to buy it here. If the close price of this month close at high price area, It is very likely that the three years bull market will finish its motive wave(5) in...
Once again, the supply or demand pressure dropped to the lowest level at K4. The following candles will choose to break up or fall down. If the following candles successfully retest the support, It will be a good place to buy it there. If the following candle break up K2 immediately, It is also valuable to buy it...
K3 is a bullish spring candle, If K4 close upon K3 to verify it. It will be a good place to buy it here. At least, The previous strong bearish momentum had been interrupted here. If the potential bear trend wants to expand. The market needs more signals to verify it. I don’t think another bear run had stated form K1, It is just a larger scale...
K1 and K2 is strong bearish engulfing, But unfortunately, K3 failed to close below K2 to verify the strong momentum. And the supply pressure sharply decreased. So, it is possible that the following candles consolidate here for weeks and then choose to break up or fall down. On the other hand, It is also likely that K4 will break up immediately and another bull...
K1 and K2 is a strong bullish engulfing pattern, But unfortunately, K3 failed to close upon K2 to verify the strong momentum. And the demand or supply pressure sharply decreased here. So, it is possible that the following candles consolidate here for days and then choose to break up or fall down. On the other hand, It is also likely that K4 close below K2...
K2 and K3 keep climbing up. It is a good signal for the bull market. It seems that the market is accelerating here. But for now, I don’t have the confidence to buy it immediately. If the following candles consolidate near the support to verify the bullish momentum, I will try to buy it there. Buy-126.2/Stop-124.8/Target-144
After K1 break up the initial uptrend channel, a bearish harami pattern of K2 and K3 stopped the strong bullish momentum. The market turned to be more neutral. It seems that a consolidation will lasts for months here. And the decreasing demand also verified it.
K1 and K2 is a bearish harami pattern, It verified the potential resistance. It is likely that a consolidation or downtrend had started from K1. From K1 to K3, The demand keep decreasing, It is likely that K4 will keep falling to test the lower price are of K3. If the market find enough demands there, It will be a good place to buy it at about 50K area.
K3 break up and created a higher high. It seems that another bull run had started from here. Of course, It is still possible that the consolidation had not ended yet. But the possibility of the another bull run increased. So, it is valuable to buy it here or buy it if the following candles successfully retest the lower price area of K3. Buy-118.88/Stop-118.1/Target-129
After a bullish three methods pattern of K2, K3 close upon the downtrend line immediately. It is likely that the short-term uptrend is expanding and accelerating. It is a good place to buy it immediately. If the following candle return back below the neckline, I will try to get out of the market. Buy-61.7K/Stop-60.3K/Target-68K
K2 and K3 is a bullish up engulfing pattern, So, my previous analysis about the market is not correct. I have to change my plan and try to buy it. It is also possible that the present market is a larger scale consolidation. If the following candles break up the resistance or successfully retest the support for a second time. I will try to buy it.
From K1 to K3, It is a bullish three soldiers advancing pattern, But unfortunately,K3 failed to close upon the resistance. Besides, the demands keep decreasing. It is possible that the following candles consolidate here for days, And then choose to break up or fall down. On the other hand, The supply pressure keeps at high level, I don’t think It is easy to...
K3 close below the consolidation channel, It seems that the following candles will accelerate. On the other hand, If the following candles close upon K1, I will change my plan. Short-55.1K/Stop-57.1K/Target-42K
First of all, I must admit a fact that my previous analysis was totally wrong. I was too optimistic about the stock. I must change my mind and plan. K4 is a strong bearish candle with a bear gap under increasing volume. From K1 to K4, It is a strong bearish evening star pattern. It verified a fact that a potential large scale double top pattern is possible on...
From K1 to K3, The supply pressure keeps increasing. Smart money got out of the market at K3. And bad news released after the market. The short-term consolidation ended by the news. So, it is likely that a large scale consolidation or another bear run had started from K1. A nearest support at about 0.5-0.618fib area. I will try to buy it there. I am still...