Litecoin/BTC pair is finally above its 200 Day Exponential Moving Average! 👍 It seems like everyone who missed accumulating Bitcoin at $9,000 is now FOMOing into Litecoin, which is to Silver 🥈... as Bitcoin is to Gold. 🥇 Litecoin below $100 psychologically feels like Bitcoin below $10,000... On Balance Volume confirms Resistance line break, former historical...
💡 Ethereum is the "safer" altcoin to diversify into if you want to compound your Bitcoin (without needing to trade on leverage)! Multiple Higher Lows on the daily timeframe shows Demand is eager to buy Supply at higher prices from previous bottoms. Price is testing its 200 Daily Moving Average, which is sloping up! RSI is oversold. MACD histogram is...
- Quadruple Momentum Divergence - 0.618 Fib pullback - Flagging/wedge structure - 200 Day MA on Daily - Possible Higher low? Let me know your thoughts below... Follow for more soon!
Taking a look at Facebook (FB), we can see it is currently getting sold off quiet viciously. However, there may an opportunity for a trade if price pulls back towards the 200 day MA in red which has served as an important support point twice in recent months. This 200 day MA in red may serve as a base as it has in the past. Just something to keep your eye on. 200...
I would have at least 25-33% of speculative funds in a HODL position in case Bitcoin goes parabolic due to world fears of Coronavirus and upcoming Halvening. Potential parabolic line is being formed. Demand is buying up supply above the 200 Daily Exponential Moving Average and not piercing through it. Bear Volume is decreasing as price is declining =...
Bitcoin CME daily chart: different from regular charts. On this chart the 200 daily MA is in a different spot and could very well be support at the $8000 level, also very strong support from the VPVR there!
$MU selloff looks to be overdone in our opinion. Other analysts agree with this assessment. Needham raised its Micron (NASDAQ:MU) target from $50 to $60 after Micron's earnings report. Taking note of Micron's downside gross margin guidance - attributable to the excess NAND inventory and related pricing - Needham nevertheless sees several upcoming catalysts for...
Ascending triangle drawn on 4hr chart (similar to LTCUSD as well as ETHUSD ) and applied to 1 day chart due to relevant moving average resistance above triangle to be cautious of. A move above $313.30 would create a new swing high while breaching the 50 & 200 Day MAs (that are trying to bear cross) making the trade a position worth risking. The measured move...
These two lines aren't meant to be exact levels as to where btc will fall to or grow, but more of a realistic play to eventually follow the 200 day average and pull it upward with higher highs and higher lows. Basically a short dip for perhaps a month where btc feels like it trades sideways before it starts to take off towards the 6k mark, but probably not as...
Pretty sure I am going to be viewed as a permabear after this blast. Technical Indicators as I see them: • RSI – Bearish • Volume – The rally continues with weak volume • Short term moving averages have become less bullish – still bullish though Points of potential resistance: • Yesterday’s R1: 275.63 • Fib Retracement: 280.36 • 200 Day Moving Average: ...
If you look closely, using the 20-50-100-200 EMA, the 200 EMA is about to finally cross 100 EMA. When this happens, the 200 EMA will be at the top, followed by 100 EMA, then 50 EMA, and 20 EMA at the bottom. This is the hallmark of real bear runs in every market ever. Also, if we look at RSI, the price level is still lower than March, yet the RSI is much higher...
Today SHOP made a lower low, but is still holding the 100 day sma on the daily chart. I'm putting an order out there for a limit buy at $110 with a stop at $100. She may hold here and continue higher if the overall market does too. Let's see what happens :D
Tesla stock lost the 50day moving average on Friday and is testing the 200day moving average support today. At current levels the stock would also clear a clean 'lower high' top. On a close below $217 (200d ma, horizontal support) could see a deeper selloff starting with next better support at $199 (gap) and at $188 (summer low)
AUD/USD is incredibly close to the long-term resistance and profit potential is becoming limited for bulls. I'm looking to short soon once I can see a clear breakout from the rising wedge. Also, my price target will be .745 to .748, for I believe this will retest the 200 day moving average. Key Points - Rising Wedge (Bearish) - Double Top (Bearish) -...
With speculation over interest rates, TLT is hitting a ceiling for a second time. The .382 Fib line (in yellow) is prominent and the presence of the 200-day moving average (black moving average) make up a double resistance level. For a little more analysis and news check out our website! ttp://ht.ly/QISg0 Cheers, Enhancing Capital Team