It happened we broked down from the parabolic curve after we touched twice. Now we are bouncing down from the curve. Often this is an indicator of the end of the bullrun. BUT! This can be a sign that a lot stronger parabolic cruve is going to start. bye.
The high resistance, the low resistance.... the heart then tells you the mark for the 20000$ And the space between red and green is where the end of this year shall be seen....... (the year 2020 ends with the price 20020 and an arrow pointing at Mars! (forget the moon!) So obvious! Everybody can see this right? Have a good holiday season, and a great end to...
We are at the end of the wedge if we look at the Bitstamp chart on a Monthly Timeframe on the log scale to include the huge increase in price from Jan 17. If we see the same increase in price (100,000% +) we could be at $125 by EOY, lets hope so 🙏
Tough times... tough predictions it could sky rocket to 4000 first who knows?
From my point of view, if the curent development continues we wil have a short rise followed by a strong decline at the end of April. Let me know what you think.
Since 2008 we have had no real recession. 21 December 2019 we just hit the top resistance of ascending wedge on the monthly chart. Coincidence? I think not. Add the repo crisis like we had in september, trade war risk, and election uncertainty, brexit uncertainty, housing market bubble and dept buildup and we have are at more then enough to make this technical...
Greetings fellow traders, As time goes by, the markets evolve... If your way of TA is strong, then the path will lead its way... More visible, more probable: Dashed lines; Possible forming patterns Solid lines; Confirmed patterns / Support or Resistance Dotted lines; Possible price-action trajectories / wave trend Light colors = Support / Dark colors =...
EURUSD weekly time frame indicates it is near PRZ and TPRZ
Check out my trend lines, and predicted price movement lines. This is a fun test of my skills. I have been here a week and am still learning. For those of you who have been following me I am a SBUX bull. I have a high stake in an options call for SBUX to hit $105 by 11/15. I am relying on steady growth until earnings and then a killer Q4 earnings. Comment below...
With market volatility dissipating and a big $30M EU court win for SBUX will help drive the price up the rest of this week. My closing price prediction is $92.50. Are you a Starbucks bull? Ready for Q4 this October? It will be a fun ride.
Price movement to the upside was quite strong and pin formed is small; Timing and location of the pin is very good. First (T1) continuation of (red) sideways is expected and than (T2) possible lower low; could be new ABC move to the downside. Enjoy!
Comparing to the 2015 downtrend.. RSI hasn't tested the bottom again yet Trend lines don't point to an end of the downtrend yet Fib analysis shows current low point at the 3 level.. but I'd bet 1.618 would be a more likely bottom.. Good luck :)
Hey tradomaniacs, wow what a crazy and sad year for all bulls. I hope you all had some short-certs and made a lot of money. But yes, it is as we all had to expect! The financial crisis of 2008 got shifted by financial injections of the FED, ECB and other central banks. The low interest-rate and QE made it worse and worse and might be time to pop the bubble....
Possible Elliot Wave count for the bottom & end of this bear market. Looks like we're starting wave 3 so brace yourself, things could get ugly! It should be a quick drop from here to create some panic sales, make sure your prepared.
Hey tradomaniacs, we had a very rough time and there are still a lot of political concerning circumstances against my assumption. It looks like the market trys to grab every chance it can get to buy DAX for such a low price. The german market was able to prove its sentiment within the last week since the US-market was in "Holiday" and gave us no impulses to...
Hey tradomaniacs, welcome to a weekly overview of Bit-Coin! I know, everyone is nervous but also scared to miss the chance before we go up to the moon. But it seems like we could still see some bullish momentums down to 4.663 - 4.000 before we might continue the primary uptrend in Januar 2019! Why do I think so? Because big financial institutions won`t stack...
Hey tradomaniacs, quick another overview of SPX500! it seems like we could turn upwards again and retest the recent ATH. Check my recent analysis in addition to this one. We were talking about Sell-Offs, CRASH-scnearios, recessions and soooo on. However, this sell-off was and is still a joke and I expect a Years-End-Rally coming. We will see. :-) Peace and...