BTC Repeating pattern identified - see chart. I've identified this perfectly correlating (mirrored) pattern that I believe to be a result of ,albeit lazy at best, algorithmic trading set to auto-pilot and left to be. My theories as to why are: A.Lack of liquidity from the buy-side B.Low supply of BTC being concealed by the ongoing USDT (Tether) ponzi scheme. I...
Key level 8.69 - 9.27 USD! 14.6% fibo as a trigger level.
Hello traders! This is a short sell idea on the 4H timeframe with an entry in the 1H, as far as I see we need to complete 5 waves impulsive sequence that will touch the lower boundaries of the descending channel. Fibonacci cluster at A = 1.272 C and wave 1 (Minute Green) = wave 5. Structure completion in the region of Primary 4 (purple) (a.k.a support)
XRP is expected to bounce off of the lower Fibanocci Retracement Level in the event of a pullback from Bitcoin Secondly, the midline of the Gaussian channel is also an area of confluence with the lower Fib Lastly, the previous swing high -> swing low is copied/pasted and indicated in blue. Matching up with my projection Buy order @ 0.417
I love AAPL. Many of us do. Been a while since I posted a chart reading for AAPL .. maybe since the split ? here's a quick chart reading for AAPL using the 1wk view (apologies for the crowded chart - i wanted to show all recent price channels as well as the target zones) * A new price channel is forming. that's initially a good sign. * If that channel remains...
BTC Have to stay above $43650 for BULL run. We can confirm that Bull run at the level of $47160.
solid earnings for MSFT - the market reacted in a neutral to slightly-negative way - possibly because MSFT was already at the top of its established price range / channel and there was no big "WOW's" in the earnings .. other than a continuation of a "strong business story" - that the market didn't find extra exciting. but that "rotation" is actually a good thing...
Today was bloody with NASDAQ down 2.7% -- these are the days i don't want to look at the charts (or my broker account screen!) Chart Reading: -------------------- - the chart shows that this is still not the end of the down move or the short-term weakness - on the contrary, the channel has just been breached to the downside. - the projected measured move shows...
MSFT bulls seem to be building momentum to capture the next range. with good news acting as catalyst ($22Bn contract announced) the winds are in their favor Quick Chart Reading: ===================== the price continues to respect the established channel we're heading towards the same target zone from previous chart reading (linked below). the initial...
Hive coin is decentralized information sharing network & was launched only March 20th, 2020,. Hive has 391 millions in circulation & a marketcap at only 300 million for now. Believe me this marketcap will increase over time to 500 million to 1 billion or more. The coin is now worth $0.74 cent but will increase in the next week or couple months to around...
I am curious if the price falls more... What will happen to Bollinger Band if the price falls more? What is this orange line? What will happen to Macd if the price falls more? Thank you for reading! Greenfield Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You...
Cycles chart for gold, drag around the chart to see all the details.
Hello Traders, LRC is another great project that hasn't shown its true colors yet. We have to remember that LRC once traded at more than $3, which leaves a lot of room to grow to previous highs. I believe it's very undervalued as of right now and there could be huge potential down the road. Some very positive news came out recently. LRC is currently being...
Great chart here for INTC - bouncing off nicely from the $60 level and breaking smoothly (and with strong momentum as shown by the UTO) thru the supply/demand "balance line" at $61.5 .. we hope to see a continuation of the move up - to be confirmed by a breakout of resistance at $63.5 - maybe today or tomorrow.. Price projection: this was a measured move of $16...
in this post, i quickly share why i love selling covered call into the earnings for stocks that i held for sometimes and i'm ready to cash out of. I sold the Feb 12 Call option with strike $65 for TWTR yesterday for $2.20 Why ? how is this a good trade? i believe selling CC into earnings is one of the lowest risk trades - it's a great weapon to add to your...
I like MSFT and it's been a while since i posted a chart reading / projection - there was no major price actions - and i agree MSFT is becoming "boring" - especially when compared to the TSLAs and NIOs of the market - and i mean that in the good way - it's boring = a good opportunity for the investor to buy and hold, and make slow (but sure) growth while having...
• Technical analysis regarding the price of LITECOIN in relation of dollar Tether for the next scenarios, based on daily movement. • The price movement is in a strong upward trend, making its due corrections (according to the principles of Ralph Nelson Elliot), in impulsive and corrective wave forms. Thus, I believe that the price may continue with its sharp...
My speculation as to the price of EOS for the next moments, based on the 4h movement. The price is approaching strength close to an important resistance region. This region has already respected 2 price touches. Cryptocurrencies have been gaining traction on a global scale in an incredible way in recent periods. Thus, I believe in the price reaching these take...