What we seen is that FTM is ready to change the downtrend to an uptrend! Positive points: - FTM creates a big hidden bullish div - It has created a higher low Negative points: - low volume - EMA 9 under the EMA 21 Position: You can take the position over here (161 -163) with a stop loss (150 "lower than the last higher low").
WABI continues the Bullish movement very strong and we can suspect some nice movements soon! Still tracking this one! Position: If you are not in yet, wait for a correction to the blue line (EMA 21)
WAN is busy with a correction and it seems like it has found his support level. Also we seen a Higher Low created and a strong/big Hidden Bullish Div. Position: Take your position over here (2665)! Stop loss: Put in a stop loss below the last Higher low (2570).
INS is still follow the bullish uptrend! We are close to cross the MA100 and we also see a Hidden bullish div created on the chart! Position: If you haven't a position yet, now it is a great time to have a look to it! Take position between : 246 - 266 We will follow this chart the following days/weeks what will happen and if the trend will change (bearish)...
REP moved there Trend from Bearish to Bulish, So let's keep attention to it! What we seen: - Cross of EMA 9 & 21 - Volume increased Position to take: I should recommend to follow the upcoming days before taking a position. First we would see a retrace on a new support line, followed by a new lower High. (When this occur we could put in a Position because we...
Volume increase massively! Bounched on the 200MA 100 MA is been broken and it looks like it is going to be support now! Eliot Wave looks like just started, Let's see how this one will response!
We have seen a spike in volume and price if we look at the INS/BTC chart. It also looks like it is looking for support in this area and that means we could suspect an bullish movement in creation. SMA 8 (purple) is crossing the SMA 21 (blue) - also an indicator to be bulish Let's see if he can cross the SMA 100 (orange) and stick above that one! Ps. keep also...
At WABI we see some increasing activity in the volume. Also we see that the SMA 9 and 21 are close to each other. I think we could see some improvements at WABI soon! Always put in a stop loss to be sure you don't lose all your funds!
MTL is busy creating an uptrend move. - It bounched on the 100 MA + bearish trend. - Keeps creating higher lows - Waiting for the new Higher High over here! - SMA 8 (purple) and 21 (blue) are also bullish! Keep attention to it and see what happens.
I think this will happen in the upcoming days/weeks! What do you think ?
As we look at the Eliot waves , we complete 5 big waves downwards.. Right now I suspect some consolidation before we will get bullish again! Let's see what happened!
BTC breached the small bullish trend so still continue with the larger trend who is still bearish. It doesn't have any support on the MA 100 (orange) line anymore so we could suspect a bounce on one of the support levels or we can see a way back to de MA 200 (Red) line. Retracement to the MA 100 should confirm the downside!