We have been in a sideways trend, slowly consolidating above the 200 EMA after breaking through to the mid-high $7k range. Just now on the 1H we had the bulls push and green wick hard back up to $7,650. Can we find more fuel to hit $8,100 today? Thanksgiving is normally a very slow holiday BEFORE the Xmas pump in Crypto!
Time and time again we see whales crush over leveraged positions - today it is a combination of institutional investors and whales taking YOUR gambled money! We have seen these wide range trends since BitMex and it has only gotten worse as more leveraged trading exchanges are available globally. Don't lose your hard earned money GAMBLING in a market you do not...
XLI is a sector that has recently broken out, looking within that sector, WM seems to be showing some bullish potential. The stock is trying to successfully bounce off a test of the 200-day EMA line. Any continued strength will push the price back above the 10-day EMA line. The stock is also exiting an oversold condition. I am targeting the $115 & the $120 price...
A clear uptrend has been formed....
USDCAD has broken its downtrend line... It also has been hit a strong support level....Clear BUY/LONG signal.....
NZD/USD is in a upper trend. It also reached the 0.382 of a Fibonacci retracement as support.... After reaching that level, a bullish candle is forming....
After a ridiculous day, BTC has somewhat settled. Xi said the magic words, Trump continues to be less qualified then a carton of curdled milk to run our country and our our (coincidentally) 4 month exactly lower trend line held intact. Both the Upper Trend Line and an extension of the lower triangles support line were broken, However our massive pull back has us...
Manna has fallen from the sky; The Leprichaun has paid us all a visit, and the pot is overflowing
Recent reports from UBS may have contributed to the 20% crash in mid October allowing for a perfect buying opportunity. This position should probably be held for less than 3 months as the RBA is set to reform laws around the BNPL market.
stop @ 6465 target @ 6712 if the trade moves against us 2nd position @ 6544 and 3rd position @ 6529
#BitcoinDominance recently fell below the critical 70% level coinciding with the 200 MA Weekly Moving Average. Lets see if it can rally back above before sunday close or below the MA.
CSL is at resistance and looking to drop bigtime down to the retracement levels. The cyan box below is a possible long spot for csl
Telstra has stayed true to the Fibonacci and support zones. We can expect to hit the .618 Fib zone then possibly retrace downwards back to support.
KNOWN CRYPTO CAVE 50 DAY 200 DAY TEST TEST Just checking to see if this works, haven't don this much before :)
- Bullish break of the 200 DAY MA on great volume. - Currently consolidating nicely above cluster of daily candle closes back in Dec. '18 and April '19 - Possible Bull Flag Formation short to -mid term and ascending triangle pattern. - Still possibility to Retest 200 Day MA confirm as support if BTC Dumps
Technical: FX:EURUSD now playing in descending channel, triple bottom, Doji, playing below of 200 SMA. Let's see is it can break it. Fundamental: ECB minute coming, will it need to see will there more hawkish or dovish
Remain cautious on the long-side given bearish divergence & the double top. Look to buy any pullbacks. A positive China Trade Deal or interest rate cuts may see ASX 200 reach new ATHs.