Once again, a strong selloff in this company provides an interesting long opportunity. Trade well friends.
Outstanding potential accumulation opportunity coming in the next year IF we break down. Then again...anything can happen :) Happy trading.
Good chance we've seen the makings of a bottom here, divergence with massive volume.
Can we break through these levels? yes... However, taking profits here is important, and the chance of a reversal are high. Trade well friends :)
1. Bullish Div 2. Fib .618 Retrace 3. Trendline support
Pay close attention to the neckline, a strong rejection may indicate an invalid setup.
Let's see how the New York session plays out, ADA has shown major strength over the Asian session. We will need to see massive volume at the top, candle stick closing short of the highs for entry to be taken. Proceed with caution, this is a short term play, not to be left unattended.
ANOTHER ONE OF THESE H&S FORMED AT KEY RESISTANCE, THE 200 ACTING AS SUBSTANTIAL RESISTANCE FOR ETH RIGHT SHOULDER BE CAREFUL, I WILL SAY SOME OF THE COMMENTS DURING THE CRYPTO EVENT IN MIAMI SEE TO HAVE BEEN HAVING A NEGATIVE EFFECT ON THE DIRECTION OF THE SPACE. LOOK FOR A BACK TEST OF THIS NECKLINE FOR ENTRY.
Seeing bearish divergence on both the MACd and RSI - well overbought here.
To me, this could be bitcoins most vital trendline, in conjunction with the end of this pennant, could forcast the direction, if we can maintain. Otherwise, watch out below.
We can see the W formation at the bottom, setting us up for a strong move up.
Looking for a break out here, Doge is lagging the crypto market today, but we know how this little guy can get er done. Nice bounce off Fib levels, we're well oversold at this point.
Hello Folks! Just wanted to make a quick note here of some thought's on Bitcoin. First of all, I've been enjoying what appears to be the completion of the right shoulder of this H&S patter play out all day. I believe it's going to provide some great levels to trade off. The Golden line can be traced back through the charts to pre BTC breakout substantial...
Lemonade is coming out with Car insurance this summer, it could make for some positivity & upside in this beaten down stock.
After a significant downtrend, we can see Gold has broken out, backtested and now resumed it's bullish move out of it's Major correction. This is correlated with the sell off in the Crypto space, Investors will surly be looking for the safe haven asset after a very bullish year so far in Crypto.
we are poised for a breakout one the price action starts knocking back on the ATH door. Don't be surprised if we do come back down and retest the 50%.
We are once again looking at an outstanding long entry level. Ready for the next bit leg up in Bitcoin.