I'll remain bearish for the short-term, unless ETH gets above 200. I expect a pull-back to the fib 618%, but either way I don't see a good setup right now. Once ETH gets level with one of the 2 arrows ill reassess.
Gonna lock in profts. Divergence on the RSI and SQZMOM, and bearish candles. Will look to re-enter around 165-180
BTC needs to remain above the 125 EMA and 250 EMA or things will not go well! Would definitely create confirmation for several ALT/BTC pairs though...
Still a strong uptrend on the daily. I dont use fibs much but a double top would match the 61.8% and its a strong resistance point and would hit the 89 day ema However, if that gets broken, gonna go mega bull
Indicators beginning to confirm it. Not in overbough territory so the upside looks good too. Will need volume pick to confirm it. Stop: just below neckline I've been looking to enter a longer term position on gold anyways
All signs point south. Close below 0.00585 would confirm it
Bullish on ETH, but a bearish scenario always possible. Looking to see ETH break the longterm downtrend
AMEX:SPY is not looking to hot. - Bearish divergence macd - Rsi trend broken - mfi broken soon - P-Sar turned bearish on open confirmation: rsi < 50 and close below 21 day ema Target: 265
oversold on the 4 hour, but might try to go long if drops and bounces up at 0.023
Triple bottomed. Looking like free fall unless it breaks uo
bearish on lower time frames, will increase short size after breakout
Closed some shorts at loss monday. Looks bullish, but its really gonna depend where we close today. I will be astonished if SPY blasts through 285. Waiting until we're hit one of these zones to open any new positions New strat is to do the opposite of bloomberg headlines. "Shortest recessions ever" LOL , gonna double down on shorts once we're back under the 8 day ema
Getting fucked on shorts rn.... 290 looks more likely at this point
Position via HIU. Small b/c of the lack of volume. 1st target: 232 2nd target: 220 - Daily candled closed under EMAs - Ema crossovers on the 4 hr - RSI under 50 - MFI out of overbought - MACD crossover impending
There is 99% chance this is a dead cat bounce. 3.2 million unemployed!!! Nevertheless, this short term rally may extend higher. 3 potential paths, bearish about 1st or 2nd week of april overall. Waiting until we're back under the 8 & 13 day ema to enter anything.
Potential rebound. Why? - Closed above support - MACD crossover - RSI divergence - Triangle & desc. wedge pattern Wouldn't enter a long unless some MA's cross but has potential if: - Close above 21 day ema - Volume increases - RSI closes above 50
1. Significant rally followed by decline 2. Downward trend resumes first week of April 3. Sideways ranging market (no clear trend) #1 seems the most likely imo. Why? Fundamental: pensions allocating from equities from bonds soon. Also millions will be infected with Rona in U.S. Technical: bounce of 50 rsi and MA's Unemployment will hit 8-9%. Say goodbye to...