With ongoing worldwide trends towards clean energy, there is good potential for solar sector to shine in the years ahead. After rather significant selloff recently some ideas are trying to put a bottom finally, and NYSE:JKS is one of them. Good earnings released today and breakout through neckline of inverse H&S provide initial signs of reversal. I entered...
This is the alternative big picture count. I dont prefer this count at the moment due to the fundamental economic data. The prefered bearish count is linked with this post.
If you look at bitcoin price moving during the last month, you will find it easy to recognize that the trending is a rising trend matching Wyckoff pattern. There are 3 phases included in this market trend: drop, callback(not back blending sorry :)), and second verification, and also you can see during the second verification the volume is not extending but...
After the high sell pressure on Friday the market will range. We expect the ranging between 1.25800 and 1.26100. Alternative: It bounces back until it hits 1.26500. Then it'll range between 1.26500 and 1.26100 Good luck!
Silver follows his older brother... Next chance of being kicked out of consolidation. Gold is very strong! Silver is going to go this way and pushes the button. Ratio Gold/Silver is still 82 so perspective is huge!
Downward pennant, bearish reversal pattern. Likely to bounce up in the coming month. This company is strategically placed to quickly take advantage of further legalization here in the U.S. and outside as well. Check out their other enriched food products besides cannabis as well! They've got a bunch of hydroponic food farms that are prepped for cannabis when...
Setup Entry: 1.2928 Stoploss: 1.2887 (41 pips) Target 1: 1.3037 (1:2.66) Target 2: 1.3104 (1:4.29) Target 3: 1.3152 (1:5.46) Caution If the stoploss is too big, downsize you positions!
Bitcoin Bitfinex Chart Update Alternative Choice of Updates from now on: Trying to find the best/clearest format and colors for the majority isn't easy. Putting the text all over the chart is annoying for most on Tv and is only done for the benefit of Twitter users where 140 character uploads are ridiculously restrictive for those with a deeper interest in Bitcoin...
I'll be updating this post with more indicators as to why I'm bullish on Harmonics from a technical standpoint (MACD, EMA, Fib Retracement, Volume, etc...) But on this first chart we see we not only have a very strong MACD but we also have huge upside on the Fib Retracement. When I look to pick my new plays I typically look for EMA 50 crossing above the EMA 9 and...
STEEM/BTC (STEEM token) 720 minute/12 hour semi log scale, candlestick wicks removed for wave clarity. 05/17/18, 9:00 PM EST, by Michael Mansfield. Hi trader friends! Looks like we have more sell offs with this token, if these cycles are correct. Steem is a token from the blockchain enabled social media site, SteemIt.com, which, is kind of like a cross between...
XRP/BTC alternatives for those who see one chart with different targets and another sides. One goals for bullish market. Another - fot bearish market.
For the past 2 weeks BCH has had a consistent negative correlation with BTC and may provide a safer alternative to shorting BTC in this volatile uptrend. The goal is to open up the holding bag and shift some of my BTC holdings into BCH. Then if bitcoin comes down to $5,000 and BCH heads back up to $2,000 like many are projecting I will sell back the BCH for BTC...
D1 - Shows divergence and we are reaching important resistance level. Entry - On H4 alternative trendline false break to happen with the divergence that is being formed. SL above last high to be created Target - 1;2 R:R Target 2 - 0.7880 Note - Move SL to BE once RR is 1:1
While the trading ranges for BTC USD may seem wide please consider how far and fast BTC has come in just 1yr ($400-$1300). Keeping an eye on key fib levels (.382) 1183 and 1121. Sustained below 1183 trading range is 1007-1080 Sustained below 1121 trading range is 879-980 For any Alt traders this opens the gates for some really nice alt trading in 2017.
Hi All, I posted last week that EUR is showing bullish signs base the on the count I shared (Please see link below) but as a prudent trader, an alternate view is always a must to get a holistic view of the market; and prepare yourself for all possible scenerios in case the market turns against you. Here's is bear count: Wave 1: Impulse down since the US...