There seems to be a bounce play here, with a safe exit labeled above. I believe this may see lower as for the first time ever the weekly cloud has turned. FANG stocks are in trouble. We have bullish indicators everywhere, with momentum pushing slightly bullish. Its easy to have a tight stop loss right below the 160 area, or just lower low from this dip to...
*Note - this is my first graph of not using chart patterns but just trying to fit stuff together to predict. Please take the prediction with a grain of salt. The marked intersection point seems like the most likely point for a breakout with multiple conversions. Looking at the different paths, it should be possible to predict the future direction! Again,...
Looking at the clear trend its following very similar to LTC and ETH, the two channels leading up to a potential breakout. looking for volume increase for confirmation
Dear crypto fanatics, crypto addicted, collegues, daytraders and lovers! we are approaching to the end of this wedge, it is a clear bear flag and we are expecting a further downfall as part of an ABC correction started by 9700$. In the past week we experienced the return of the sleeping bulls, but now we need to take some breath to accumulate before trying to...
So we have seen an upper trend (dark blue line) since more or less 15 days ago. I believe it will continue to grow, however it may find some resistance either where we are now or at the light blue line drawn. If it fails and starts a down trend, it is very possible it finds support at the white line (down). Mind set right now, bullish on Golem long term, short...
Will fluctuate between the two yellow lines and eventually break up or down, if it passes the 10000$ region then we will have a bull run. If it breaks down, hopefully will find support on the blue line.
Hi traders, The breakthrough attempt seems to have formed a double top with the second top reaching a lower level (11.700 Usd) than the previous top (11.800Usd). This indicated more weakness than expected in the process of having tried to form a higher high. Bulls were not strong enough to even reach the level of the previous high, and Btc is now quickly...
Looking for feedback on XLM outlook. Agree? If not, please provide feedback if possible to help in the future. Thank you!
With the recent growth on GU due to the speech, a wedge has formed on the D chart. With a long wick, expect GU to go down some in the coming days/weeks. Be smart and use good risk management. Good luck! J
Will be looking to take a long position on USD/CHF based on the following reasons: - 0.618 fib support held strong - Inside a falling wedge which is normally a sign of reversal - Following NFP earlier this month, the dollar has seen unprecedented strength, therefore I expect this to continue As always, trade safe
Hi traders, This is my daily graph on SPX (SP500), 1985 is massive and if we break, I expect a very quick drop and then we can use the same level as resistance. At 1985 we have a channel line which started in May 2013 and also trend line and horizontal line which is support. Keep this level in mind 1985!!! Good luck! Thiago...