What's up traders, straight into the analysis! Here we are analyzing NEO/USDT on the 1D chart. We can see a classical signal for a breakout, candle with short body and long tail. For entry, you can wait than candles to break out the black tunnel. First Target Fob 0.5 --> 104.99 to 110 $ Short position Second Target Fib 0.236--> 128 to 135 $ Long position Stop...
Since I published the Idea of longing BAYN, its stock price has risen 5€ per share. The next short-term prediction is around 99-100, where it will break out and reach its target price of 120€ per share. BUY BAYER, and see it as e pre-Christmas present of my part. CHART: uk.tradingview.com YOUR GREG
Hello friends, I am not keen on trading BCH, just bcuz of its ''false advertisement'' but still, if u look at it there is a potential breakout of one smaller triangle and could be an sign for it to do a nice uptrend on about 25% in the bigger triangle. Note: Triangles are not exacly on point! If the chart breaks lower bigger triangle you sould probably short it!
Whats up? Welcome to this consistent update analysis on Bitcoin 0.73% based on our beautiful Fibonacci Levels. Looking at the 4hr chart we see a consistent Fibonacci Levels, you can see BTC 0.73% appear to retract to 0.5 fib consistently. It is also unwise to decide a Top or Bottom when the Volume is below Volume Average as some of you may call for reversal...
VIBE chart shows huge resistance level at 5,000 area followed by sharp spikes. Previous bottoms (first two red circles) form a double bottom hitting the undervalued area of the coin. If price bounces off 5,000 area this will trigger a triple bottom and price should surge. Chart also shows an ABCD bullish chart pattern. RSI stands at 40 which reads slightly...
The 4h chart of ChainLink is forming a cup and handle .On breaching the handle upwards an upward movement may be expected to the major resistance marked by the pink line . A divergence is observed within the vertical dotted lines denoting the slowing momentum . The CCI pullback rebounded from the -100 level which may be considered as an evidence of continuing...
How to trade the head & shoulders pattern : Open a position when the price breaks through the neck line Place a stop loss order above the right shoulder Price target for the formation is equal to the depth of the neck line to the head of the formation. Good luck!
The overall market finally pulled back bringing most stocks with it. I expect SQ to trade lower with Feb 2's candle. If we make it down to the 100 day SMA and/or the lower trendline, I will buy more shares. This would require support to fail at the 50 day moving average (SMA or EMA). Play the bounce accordingly as well if we trade down to the 50 day SMA or EMA...
POE chart looks like its about to squeeze. Current support in combination with trend line stands at 824 and if that fails 800 fib support comes into play. Lower support stands at 600 which could be achieved if BTC bleeds closer to $9,000. I suggest traders to wait 824 to test before jumping in. 1st Target 940 (14%) Not featured in chart 2nd Target 1,050 ...
VEN chart showsa complete Elliot's Wave followed by an ABC correction. Price is moving towards the 0.786 Fibonacci line at 54,500. One should await a test on that fib line and see if it bounces or breaks. Although it's very tempting to jump in at this price, a prudent approach should be taken and await a bottom, reversal and always time entry with the help of...
Hi there, Note that i'm not a professional, i'm here to learn and therefore feedback is much appreciated. I've noticed two contracting triangles in the SCUSD chart. This in combination with the fact that the SCBTC chart is showing a massive cup&handle pattern makes me believe Siacoin is going to skyrocket soon. Now i have to say i just started reading up on...
Like I mentioned in my last POE chart I could see plenty of bullish patterns including: a) Symmetric Triangle; b) Flag and Pole; c) Pennant ; d) Elliot Wave (in the making); and e) ABCD . In this chart we could see the ABCD bullish pattern in play. History repeats itself and following BTC's futures expiry (today at 16:00 London Time) we will see POE rise...
Following the surge in price which continued till the first week of January 2018, XMG failed to hold on to the 0.5 and 0.382 fib lines. Chart shows a triple bottom which failed to hold and consequently led price to fall on the last fib line at 0.236 which is at 6800. What's interesting about this chart is that even though chart is in bearish trend there were...
Chart shows us Lend attempting to come back with a bang. All patterns and indicators show a bullish uptrend. 1) Bullish Reversal 2) Half way through Elliot's Wave 3) Huge cup forming Lend is clearly attempting to break previous resistance levels. This heavy momentum is accumulating and price may also attempt an all time high! This is not an investment advise,...
These types of charts get me excited and make my heart pump faster! Also, I am looking for a pump in the POE chart. I could see plenty of bullish patterns including: a) Symmetric Triangle; b) Flag and Pole; c) Pennant; d) Elliot Wave (in the making); and e) ABCD. One may ask why did I draw a bearish pattern: BAT harmonic pattern. Well, all indicators point for a...
DLT chart shows bullish patterns including ABCD pattern and if one looks at the bigger picture, a cup is forming with the peak at around 12,000. Also if you zoom out you'll notice a three drives pattern which usually end with a long bullish trend line which could lead to an all time high price achievement. DLT will launch Blockhive ILP which is a fundraising...