Hello,
My last analysis for this week #31 was nulled after Bitcoin bounced from $9110. I called for a further dip too soon, and had to go back to my possible double bottom analysis. Price action is above all else, and changed my trades accordingly. After all, we must adapt to any situation.
Looking at the 4hr chart we can see that the current tip of wave 5 has...
ICX looks like getting back on its feet after getting rekt by BTC a few days ago and ruined my idea.
Since we have some new development here:
After breaking this resistance I can see all those previous highs as possible targets. Right now it's being held by the previous resistance turned support. Keep making those higher lows babe!
JCP | Overview: JCP has been diverging bullish for months (in yellow), the first chance it had to correct was in Q1, and the corrective move failed into a continuation. Going into Q2 I don't think JCP is going to correct into a bullish trend but will correct into a long sideways moving channel, which price is trading in right now. Price is now trading near the...
Update from my previous post. Looks like BBY is rallying and will continue to possibly around the $36 PT. Expecting this to hit max PT of $37.50. Searching for conformation of rally continuation such as a test of support, probably around the inner declining dotted line or at the previous high resistance of ~$35. So temporary long until otherwise.
