SaucyLettuce

SaucyLettuce

I may have stumbled across Ethereum following Fibonacci levels that are correlated with both observed and psychological resistance levels: In blue is the psychological price point of 1500, I have added a parallel channel that begins maps recent resistance high and low, note it intersects with the breakout position. When calculating the numbers. 1360 (the...

SaucyLettuce Updated 

I think if we see a 4hr close above the pink resistance breakout area, we could see BTC hit the cluster of resistance where 2 trend lines and the gold fib level collide, either it gets rejected or breaks through and has a bounce and we continue the uptrend since July. It will be a hard level to break but if we do very bullish. Let me know your thoughts...

SaucyLettuce Updated 

Short on Tesla so long as we stay below the yellow trend line not sure if it is ready to continue upwards without another retest at 1000 and perhaps a break here could lead back down to 900. Tesla is a mixed bag. Increasing EBIDTA looks good. Decreasing debt looks good. Debt to Equity ratio decreasing. Solid company. But the P/B and P/E ratios are high indicating...

SaucyLettuce

Many of us including myself were skeptical about SHIBA ever blowing up, when it overtook doge I got ready to open a short. Now that Shiba has broken out of the downward channel it's been trapped in for a while, I must ask the question: are we looking at a change in direction or is it just a false alarm? Skepticism in hand, there are a few news articles popping up...

SaucyLettuce

Alibaba oversold - RSI is low, historically this has preceded growth. P/E and P/B are low compared to other industry players and historically. Stochastic RSI was also down so tomorrow may be good for a buy. Debt to equity ratio decreasing. despite a bit of increased dept from a few Quarters ago. Let's see what the next few days bring, likely will open a buy...

SaucyLettuce

Let me know what you think, what am I missing, should I be considering something else? Shiba has run back along after Doge, could Floki be up there? 50K mentions of Floki on Twitter in UK today.

SaucyLettuce

ECOMI RSI is oversold, volume on mac d is down. bouncing from trend, a good time to buy? I'm relatively new to technical analysis so please comment below :) What else should I consider to analyze this chart? Any input will always be appreciated. Good Day