This Technical Analysis is on Disney (DIS), on the 2 Week timeframe.
Our Current Price action is TESTING SUPPORT on this MASSIVE Decade Long SUPPORT LINE.
The 1st time we have ever tested SUPPORT on this was September 29th, 2014.
Highlighted by the RED circles, everytime we've tested this we've had some sort of Price Bounce.
The Most massive gains were from...
I've been following USD/Cad this week and it made a big drop. Price is currently at a major support level and is valid to say it's touching the uptrend line. Should see a pullback, A keynote is the RSI is oversold and crossing on the 1HR Timeframe. I'm going to aim for the 61.8 fib level as the TP Zone and will adjust Stop Loss as price progresses.
We can see that Gold has a hard time breaking the resistance line on the Daily .
There isnt enough volume of sellers so there is a very low probability that we will break out of the resistance in a downtrend .
There is a high probability Gold will go into an Uptrend after testing the resistance again .
QCOM has been doing well fundamentally with its sales growth more than 30% quarter-over-quarter.
Technically it's on a clear up-trend and just recently had a nice pull-back.
Looking at the price-action on the weekly, we can see that it just made a double bottom and is now looking to break.
What makes this more interesting is that the pull-back used the 10-EMA...
grt has left the buyzone , its on the road to .90 NEXT STOP around .48
if you follow me you know ive been doing alot of forecasts for GRT , give me a like if i should keep going with GRT ,
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Downtrend line and uptrend line showing a price rejected at the uptrend line and breakout at downtrend line. So this might be a possible buy position at the highlighted zone
If you take a look at the price action from the past, you can see a perfect 12345 Elliott Wave followed by an ABC correction!
Now , the price is at support level and it seems that is holding up nicely! It might be a great opportunity for a buy order!
If you believe this might be too early to make a move, then you should wait for a break out on the level that I...
It's at the Buy Zone! Is either you can go for an aggressive long right after the 12pm(+8GMT) candle close above the previous candle high or waiting for a double bottom which may or may not form to engage this long position. Either way is alright and is based on your trading strategy and personality as a trader yourself.
It's Friday!! Yeah! Wishing all traders...
Maid just finished it's fractal and is rounding out into its Buy Zone for entries. This coin is old and has been accumulated for a long period of time. This is a great coin to margin trade on Polo for HUGE GAINS! ;)
On the daily candles we have a cross on the slow moving average which indicates Bullish Reversal of current trend. This is a coin i personally long HODL because I see a lot of potential.
Looking into the technical analysis of BAT, The next 2 weeks would be a good time to buy at a low price.
BAT has a huge potential and is a great long term investment. It hasn't had much movement yet but this should change, once more news and updates are released. I will be keeping a close on BAT, currently $1000 would buy you roughly 5,230 shares.
Key Team...
Following what seemed to be a strong bull run, we found the strong layer of resistance that was expected at the $32 level. This layer of resistance corresponds to the upper trend line of the triangle that is formed from the pre-SegWit highs. Bulls stumbled a bit after a correction following the run up to the resistance at $32, this led to a stagnation period in...
