The bulls seem to have strong conviction on this run, look at the volume bars below, volume bars show increments one after the other, meaning its getting stronger. Their conviction is about to be tested by the 33k, 34k, and 35k key levels. If they manage to break this levels and break above this humongous range, then it will be a Fatality to the Bears or perhaps...
Bullish Divergences on MACD and Accumulation Distribution. Downward pressure is losing momentum, in the 1hr chart. The rejection came with that sort of outside candle with decent volume. The battle is fierce on that 30k level. Still price is below its 20EMA on the 1hr, and has to break the downward trend to make a long run. There is a possibility for a further...
MATIC, just broke out from its consolidation range. It may pull back to make a measured move up equivalent to the size of the triangular range. It may also continue its move up like a bullet. It's worth noting that the breakout had a lot of gasoline, just look at the green volume bars below, they are several times bigger than the preceding bars. This means that...
"Hyliion Holdings Corp. designs, develops, and sells electrified powertrain solutions for the commercial transportation industry. It provides battery management systems for hybrid and fully electric vehicle applications. The company was founded in 2018 and is based in Cedar Park, Texas", CI From the TA, stand point there is a gap around $22 that has to be...
Ripple seems dormant. Those key levels drawn are expected, honestly it can go to any level, the only things that seem to have memory are pivots. This pattern can be called a bat pattern or anti bat pattern if you like. perhaps you cna say there is some kind of bull flag consolidating, or just say that is in a tight range waiting for a breakout. Its just a matter...
Bull Flag set up. The upper target (most upper) is equal to the length of the pole, assuming a take off from 15USD. Just an opinion. Do your research. Keep it cool, don't get too excited or depressed. Educate yourself. Best.
Price got rejected below 30k, many shorts got trapped and got stopped out forcing them to buy, many were also expecting the range and bought too, this produced the green candle. It seems price will consolidate at this levels. If it breaks down then the next two supports would be 25k and 20k. Don't Panic, its just a trend continuation. PS. Just an opinion,...
Wow, massive Bull Flag. After the huge green candle at top (Trend Exhaustion), price is falling on a channel resembling a bull flag. What does it means ? Trend continuation. Its not like a prediction, but a high probability scenario. Who knows the world can end tomorrow. Happy Trading
Uptrend on the daily chart seems intact for now. No signs yet of massive correction. Trends are always trying to correct themselves and lure us in going against it, the trend is designed in a way to make you believe otherwise. Most corrections fail. Yes it will reverse, but you can say that 10 times and perhaps the ninth time you will get it right, in which you...
Hello my friends, Key facts in favor: 1. The potential bullish Three Drives Pattern (in purple) inside the bear flag (in pink) suggests a retracement to the 61.8 fib level. 2. Short term trend is upward. 3. The vacuum in the Volume Profile just where the blue upward arrow is pointed aligns with the 61.8 level. 4. Resistance (in red) passes through a congestion...
Hello my friends, In these analysis we try and preduict LTCBTC next move. Reasons are: 1. Divergence in MACD 2. Divergence in RSI 3. Potential Bearish Bat harmonic pattern aligns with the 61.8 retracement. 4. Potential 1.27AB=CD (light green), in case it completes, it will form a double bottom or retrace, and continue the down trend. If you enjoyed this...
Hello my friends, This is a possible route for BTC in the near term. Long term I see BTC as bullish, medium term bearish, short term bullish. The things supporting this analysis are: 1. A bullish deep crab pattern in the works (in green and black) aiming at the 70xx - 72xx zone (final target of this analysis). After completion we can expect some sort of...
Hello my friends, BCH is currently enclosed in a broad range. Currently the chart suggests a retracement after the second AB=CD completion at the upper part of the range. If there is lack of buying volume , and sell volume kicks in then BCH will retrace. The only way this range can be broken is only if an insane amount of buy volume kicks in. Taking trades in...
Friends, I hope this is not true. Better not to trade. If it falls it will be good, you can buy cheap. if it moons, it will also be good for the accumulated asset. It's always good to have a bit of cash by the side. Not financial advice. Robertus
Hello Dear Friends, I believe EOS will either go through a temporary correction or just continue its downtrend. The key points in favor of this scenario are: 1. Head and Shoulders at the top. 2. Huge selling red volume bar at the top. 3. Bearish divergence in the MACD and RSI. 4. BTC is the king. Key points against are: 1. If BTC decides to correct it could...
Here is an optimistic scenario for ETH. Let's see how this turns out. If you like this analysis please give it a like. All comments are greatly appreciated. Thank you. Robertus
Hello friends, I believe this to be the short term route for TRX for the next days. Key factors: 1. There is a potential double bottom in the works which could be followed by a small pump at the end of the move. 2. There is a potential bullish Gartley formation, which suggests the pump at the end of the move. 3. The 200MA has to be broken violently in order...
Hello, Possible correction scenario on silver is due which may give a good buy entry. Advantages of this scenario: 1. Bearish Crab pattern detected which suggests a small correction. 2. Breakout of channel. Resistance now becomes support. It may bounce on pullback. 3. The suggested region of 50% to 61.8% is the region to get a buy entry. 4. There is a...