RoyalOakFI

RoyalOakFI Updated 

Oversold RSI diverging upwards on major tf. Strong support level and big space between Tenkai and Kijun. Blue confirmation, black targets.

RoyalOakFI Updated 

As the title says, the Ichimoku cloud on doubled settings is giving a possible major support indication for the first time in a year. The monthly Kijun is also close to the multi-year trendline that is ascending from the last bullrun. The corresponding level on single Ichimoku settings is 1185-1210. Gold is not your usual asset to do TA on but I may put in some...

RoyalOakFI Updated 

Norwegian Finans is a promising company for the Nordic countries. It has been facing some resistance after a failed rally from an inverted Head and Shoulders. Now I am not a big fan of drawing these kinds of patterns but a clear corrective count could be given from the peak, still waiting to be confirmed. What now appears to be forming a H&S from the failed IH&S...

RoyalOakFI Updated 

Aurora is reaching a nice extension from the previous bullish swing and is currently oversold on multiple smaller timeframes. The Stochastic has already crossed bullish at the bottom and bears are exausted. A minor move to raise the weekly close may be seen today. If not, I will update new targets. The RSI hasn't been low very often this year so a bounce is not...

RoyalOakFI Updated 

Low risk trade on previous major support. Tight stop loss with a good r/r if it succeeds. Beware of falling resistance line. Take profit levels at Fib resistance levels, red line works as entry / tight stop loss below.

RoyalOakFI Updated 

The chart explains it all. An experimental pitchfork drawn from Finex initiation. Shows only non-overbought range, which indicates a short term bottom. The same drawing was used by me on Ethereum and BTC which worked perfectly. Tight stop and good R/R!

RoyalOakFI Updated 

I have been working on the theory of the current price action being a smaller fractal of the last bull run from ATL 0.88% . A pitchfork can confirm the channel play occuring and a slight bullish divergence can give indication on a rally soon. Three tests of RSI support and vertical support from a major pitchfork . The volume is down almost 70 %. It's not going...

RoyalOakFI Updated 

There's some nice price action around the weed markets right now and Harvest One is no exception. The most obvious signal here is the RSI divergence forming right now. The price is settling way below ATH, and it needs some retracement upwards! Let's see if we will have a cannabis craze across the board. This is once again a low risk trade like the one I'm...

RoyalOakFI Updated 

The long term resistance is getting thin on XRP and the trendlines are really close. I chose the weekly chart to emphasize the position Ripple is standing in. This is a low risk trade as we have sailed on no volume for a long time now. Ripple is a long time hold for me even though it's a bankster coin. I expect more good news from this company aswell....

RoyalOakFI Updated 

I want to note something obvious when drawing a pitchfork from the beginning of this descending channel . Now I am no technical expert on Pitchforks but it is obvious that BTC -1.25% has hit the Fibonacci zones on the pitchfork in this chart. 100 % was hit today and rejected. So now my question is: Whats next? A support on the 78.6 % marked on the chart, or a...

RoyalOakFI Updated 

Many opinions on DAX right now. I think we are in an ABC correction heading for sub 12k at some point. Experimental EW count on the chart. Crisis in Europe is close sadly. No exact targets on this one for the long term. We are at least heading for the following major Fib level downwards. Updates will come. Will do a tight leverage short on this.

RoyalOakFI Updated 

A low risk trade as precious metals are getting more interesting. I'm preparing for at least a 100 % gain in the long term on silver. I'm not bullish on very many commodities/stocks/indexes right now. But this has got some hard value in challenging times (ahead). You can see my targets which are only long term estimates. I would probably do a tight leverage...

RoyalOakFI Updated 

The chart speaks for itself on NANO. It has been one of the weakest performing coins in 2018 and has been surrounded by turbulence. Now in a technical perspective I do have to say this looks like an interesting trade. The Stoch RSI is at the bottom on multiple timeframes, so this has to come up somewhat. To be safe one could wait for a small support confirmation...

RoyalOakFI Updated 

I was fiddling around with converting daily indicators to match the 4 hour chart when I noticed the support/resistance fight between these levels. Note how the 300 daily EMA has historically acted as support in the 2017/2018 bullrun. The 200 EMA on the daily is now working as a solid resistance, as it has done before. Now I mostly use Ichimoku nowadays, and as you...

RoyalOakFI Updated 

The Bollinger bands are very tight on ACB right now and we have been building a slope for some time now. ACB already tried to break out once but faced high selling volume. I really do believe this will be an easy trade though. I marked out the following Fib levels as targets. Depending on speed, I think we can see 11 USD again soon. The red line is for refill....

RoyalOakFI Updated 

Let´s see if the post-Consensus hype will show results. I have a very static stop on this one. Breakouts on alts from these formations are common. Targets relatively low but could be a good long-hold after some profit taking. Targets in black. Stop in red.

RoyalOakFI Updated 

Upper resistance getting thin on ICON as we head into the next run for crypto. Low risk trade with clear targets and bigger ones ahead. Ichimoku confirms low risk on this trade. Key levels below. Key levels: 0.000616, 0.000707, 0.000849

RoyalOakFI Updated 

DGD tends to show signs of life everytime BTC faces problems and this chart is quite convincing. A strong candle crossing the TK on 1 hr and a strong support. This is a typical altcoin breakout and the question is only how far it can be taken. I put targets at the 0.618 and 0.5 fib from the short term support. Theres a low risk on this one with a clear stoploss...