On my previous analysis I foresaw a 60% profit, and I was short, we are now over 100% well in profits if your entry was at the golden pocket fibonacci retracement. Now on this analysis, I can see SPCE moving inside a macro-channel, with high probabilities to touch the upper edge of the channel, reaching 100 USD if the following test of VSS Unity is...
This post intends to explain the fundamental analysis of why an ETF like TAN is a great investment for the future. First we start to produce energy with wood, followed with coal that has great energy density but produces lots of pollutants, then we started to use oil, and since then we have become addicted to oil, but this addiction is not sustainable for the...
Long idea for SPCE. I identify a double bottom pattern on the daily chart, that may be doing a retest on the neckline (red rectangle area), which happens to be the 0.618 retracement and also a weekly support at around 23 USD. If the retest is successful we may be looking for a 60% upside on this trade in the long term. Invalidation of this idea, is if it does...
Hello Traders! Let's keep it short and simple. BAT was moving in consolidation, forming a symmetrical triangle. It seems that it already breakout from it, and the target price could be around 0.26 USD. :::Daily Technical Analysis Facts::: - 200MA still works as a strong support for the price. - 200MA and 50MA about to cross forming the golden cross. - MACD...
Hello Traders! I have planned a long term strategy for BAT. We have a contracting triangle, and we might be completing the E-wave (according to Elliot wave triangles), and is exactly at point E, where I will buy to make maximum profits. The area to buy is indicated with the green rectangle . Another safer strategy, is to buy exactly at the break out of the...
Hello Traders! I have planned a long term strategy for BAT. We have a contracting triangle, and we might be completing the E-wave (according to Elliot wave triangles), and is exactly at point E , where I will buy to make maximum profits. The area to buy is indicated with the green rectangle. Another safer strategy, is to buy exactly at the break out of the...
Hello Traders! Looking at the weekly BATUSD chart, there is a downtrend and an uptrend. The downtrend channel started in 2019 (RED), and we might finally broke out of this downtrend, to continue in the uptrend channel (GREEN). BAT has been growing consistently each week since the crash in March, and has a strong uptrend. The weekly MACD did a bullish zero...
Hello Traders! Looking at the TOTAL2 chart, we are in a critical point, if we get rejected on the upper trendline, we might expect a pullback, or a reversal of the trend. If you take a look at the daily chart, you can see that there has been a fiercely fight between the bears for almost 3 days on this area, and it seems that the bulls are finally winning, but...
Hello traders! Let's keep it short and simple. :::Weekly Technical Analysis Facts::: - MACD -> uptrend. - 10 consecutive weeks in an uptrend. - Stochastic RSI -> uptrend :::Daily Technical Analysis Facts::: - 200MA working as a great support for price. - 50MA and 200MA close to make the golden cross happen, maybe beginning of June. - MACD - about to change...
Hello There. I am self-learning to analyze charts, and I want some feedback. Looking at the weekly chart of BTCUSD I found the ABCD Bullish Pattern, I am not sure if I spotted it correctly, but there is a breakout exactly at point D, and now the pivot C is working as a resistance. Looking also at the MACD it has a good weekly trend and it might break pivot...