MomentumTradeWA_Investor

MomentumTradeWA_Investor

Hex has recently broken through a major resistance band around the 1.5 penny region. Now coming back to re test as support there is a high probability of creating a swing low and gearing up for its next significant move. Currently forming a bull flag and next rough target of 5-10 cents is on the cards. Quant analysis on this token suggests there is a reasonable...

MomentumTradeWA_Investor

Short term forecast for long term positioning Looking for a reversal within the coming month & eventual downwards trend towards the DCA zone Recent news: Volkswagen recently restarted operations amid concerns of actual demand within the global market. FA: From 2018 to 2019, Volkswagen saw a 20+% increase in yearly net operating earnings generating up to just...

MomentumTradeWA_Investor

Short term forecast Looking for a healthy pull-back, re-test of local support and continuation of the bullish trend leading towards the halving event due in just over 2 weeks from now. RR is favourable once the re-test of support levels has been identified and confirmed. Always DYOR & keep risk managed :) *Disclaimer: The above analysis is an expressed...

MomentumTradeWA_Investor

Short-mid term forecast Looking for a push up towards 77.20 within the next couple months. FA: The Covid crises have impacted most industries for the worst, however the gaming industry in particular has been travelling well. The increased demand in gaming, release of popular new games and the much anticipated arrival of new generation consoles kept consumer...

MomentumTradeWA_Investor

Short term forecast Looking for a clean break above 0.663 / within April-May TA: POWR has been consolidating for a couple weeks between 0.053 - 0.063 and the longer it tightens within this range, the higher the probability of a volatile move when it finally breaks out. An ascending triangle has been forming over the last 5 weeks and as per history, larger time...

MomentumTradeWA_Investor

Short term forecast for Ethereum TA: Ethereum has recently broken through local highs around the $175 zone. expecting a short term push towards the $191 area but wouldn't be surprised to see a wick up closer to $200. FA: the outlook for the De-Fi space in ethereum remains bullish - stable coin demand remains positive. On the flip side regulators are eyeing up...