We can see this monthly triangle that xrp has been forming since 2020 is nearing an apex. We can also see that, barring some sort of black swan, XRP is fairly unlikely to stay above 40 cents based on the extremely solid support of the triangles bottom trendline and the fact that the monthly 100 ma is now overlapping that trendline for double reinforced support....
I don't see a reason why $SPX could not sell off to 2950, which is a 100 MA on monthly chart. Got there in covid and much below in 2009 also. RSI is still high on monthly, and fisher transform indicator can go much lower. I'm just keeping an opened mind to possibilities. Let's hope it won't happen but there's not much reasoning for me to think otherwise.
Gnosischain has released the GnosisScan a block explorer and analytics platform for
@gnosischain which uses the $xDai token for stable transactions.
gnosisguild is the launch of zodiac.wiki, an open, living resource for DAOs
the wiki's home to a library, docs, and a pattern language describing problems & offering practical responses so as you can see GNO has...
Beware of the 100ma and 200ma that are about to cross. I know that Moving Averages are so called "Lagging Indicator', but see it for yourself. This could turn even more bearish and might confirm the actual bearish bias even more. This does not mean it stays that way for another 2 years, no. This is just what we have to expect after the long bullish trend we had...
AUDIO broke out of the downwards trend indicated with the yellow line.
The volume is very low and AUDIO has a hard time recovering also with the 100MA just above acting as new resistance.
Once the 100MA is crossed more investors are likely to turn bullish again and with it the volume will rise.
Middle target is 2.7$ and the ATH target is around 4$.
Audius in...
20MA is very close to crossing 50MA and 100 MA.
The 20 over 50 cross will probably happen during the night (a time which whales like to make moves). That's usually a small buy signal, but given the regain of strength of BTC lately expect anything.
The 20 over 100 probably by tomorrow. This is a bigger buy signal that will probably break us out the wedge...
Green dots: trend if resistance is broken at $36K
Green dashes: trend if resistance not broken at 36K AND base of triangle not passed
Red dots: Trend if resistance is not broken at 36K AND base of the triangle passed
Green circles: Buy signals
Red circles: Sell signals
Green dots: trend if resistance is broken at $36K
Green dashes: trend if resistance not broken at 36K AND base of triangle not passed
Red dots: Trend if resistance is not broken at 36K AND base of the triangle passed
Green circles: Buy signals
Red circles: Sell signals
BTC is still finding a lot of resistance against the fibonacci circle line and we are gently moving towards my 48605 entry point. I'm laddering my position from 50890 all the way down with incremental size. This will also hit the 100D MA which will serve as a strong support level. If that doesn't hold it's not gonna look pretty.
What's up please comment what I can do better.
I have spotted a smaller head and shoulders pattern (0vert last 8 days) forming on the a pull back of the EURNOK downtrend which began this time last year. The 1D trend line (orange) was recently broken up and then back down, the most recent wick up failed on the 25th and lost momentum suggesting a considerable...
Scary USD chart here, but in a beautiful way! Monthly TF
Q1-2 next year, Vaccine = Bullish USD, economies rising again, USD going back up to the 100s let's see! Could be an incredible year for the US Dollar!
Hey all nice E2E on LBA/BTC it looks bad based on the daily candle but BTC dumped out which usually causes this to happen, 2 it gave time for the 100MA to be retested along with the kijun and tenkan.
I like the look of this, the only part that looks so so is the chikou span, but still good R/R of minimum 3R stop loss around 120sats just below the cloud you can...
Idea to buy NASDAQ:AUDC at 35.5$ per share after the price drop down to 35$ .
The price reach the 100MA line(purple) and Fibonacci 50% . This is the time to buy when the stochastic is "Oversold" at 1H chart. Prepare to take profit at 42$ not in one shot, but in two or three levels.
