Cup & handle forming on a 1D chart. I believe the target by analysts have been set to ~22. $mplx is also entering overbought territory, and that might cause a pullback in the near term. Mid to long term, $22 seems low, I think it may go past that. We'll see!
I hope that I'm wrong, but it looks like we have head & shoulders forming on a 4hr $dgb. We've had some phenomenal support at 200sats, but unfortunately that looks to be over.
I believe $btc is forming a cup and handle on a 4hr chart. Let's go!
Hi all, Noob question - how would one forecast the top in this channel? I can't think of anything but 'it'll keep following the channel until it doesn't'. Any help and guidance appreciated!
$agnc is on its way to squeeze, and anyway you look at this, is closer to breaking the upper line and move up, then drop down. It's been bouncing between the 10day and 50day ema for almost a month, and once it breaks it, we'll be looking at a decent move. This stock also yields decent dividends so it's a solid hold as well. 13% gets us to previous resistance at ~14.40.
$LTC on an hourly chart is forming a bull flag . We'll find out today if it shoots up. Of course, it's codependent on $btc movement. Overall I think it's looking decently good. There is some room on the RSI to move up as well. Moreover, it stays above/keeps bouncing off the 10 day EMA .
Link has not touched the weekly 50day EMA for almost a year, and if we're being picky, we can go as far back as 1.5yrs. If it wasn't for the beginning of March collapse, I think we'd already be above 55k sats. $link continues to push, and it'll push for a new ATH soon, with new higher low when it retraces. Moreover, it continues to do so with relatively low...
$gpro is struggling to cross the 10day EMA. If it closes above that, I can see it re-test ~$3.00. Otherwise, we're likely stuck below the 10day EMA for now.
$JCP is playing w/ the 10Day EMA. If it breaks it, it may be due for another % gain.
GoPro seems to be bouncing off the 50EMA and the line I drew which goes back to the May 2019 highs of ~7.66. Both lines may cross in the near future as well. I think if we close above either, we might see some nice green $gpro candles.
BLNK needs to break 2.28, otherwise it'll drop back down.
MGI Breaks the line/triangle. It should keep going up from here!
GoPro About to moon if it breaks this line. It hit it and bounced off of it so far. Let's see what happens during the day.
Another NIO Cup & Handle forming on the 4hr chart. This combined with positive news should yield profits. Thoughts?
Blink Leaves Overbought RSI and ready to tackle the declining bearish channel . Once it passes that, we're going to the moon.
We're about to experience something magical in the upcoming days! Up or down this time around? Post your comments!
It's not perfect but it somewhat shows. That parabolic movement from the 1st half of September makes it tricky.
Looks like a massive inverse head and shoulders. Thoughts?