Ooooooooof!! Bearish 5-0 Pattern here? Not validated as of this posting, but a harmonic certainly appears to be forming. Speculating the high PRZ between 1.13 & 1.618 fib extensions. ($809 -$910) Low PRZ could be around extension 1.618 - 2.24 ($259 - $79) Note : NOT trading or investment advice. Entertainment only.
KRAKEN:XLMUSD What can I say, I'm a fan of Stellar... Have been for years, but have never posted an idea. Long overdue, for sure. That said, I think it is reasonable Stellar could retrace back up to the blue box level, given how well it did in 2017. Overall, I like the concept and certainly the price point for new crypto adopters will flock to this coin...
Since the 70's, GE has closely followed a price structured rise of the S&P 500. However, at the end of 2016 you can clearly see GE stock began selling off, diverging in price over next several years while the S&P continued to climb higher. What has my attention about this chart is how price was once in lock step for 40 years, then winds down inversely to an...
Because... why not?! BITSTAMP:BTCUSD NOTE: Not investment or trading advice Entertainment ONLY!
Reference my other S&P charts showing Bearish divergence. Trade safe!
NYSE:GE Regular BULL Divergence seen on Higher TF charts. I've outlined (in boxes) the near term target price(s). NOTE: Not trading or investment advice. Entertainment ONLY! Cheers!
AMEX:SPY Update to my previous S&P chart from Nov '19, illustrating bearish divergence that led to a massive selloff in Feb - Mar of 2020, nailing my short target exactly: Fast forward now to August 2020... The questions I have are: 1) Will we get continuation from the V shaped recovery and move beyond the 3389 level to continue making all time highs? ...
COINBASE:BTCUSD Speculation at this point. Waiting for the pullback before continuing higher. Note: Not Trading or Investment Advice.
Because... why not?! BITSTAMP:BTCUSD NOTE: Not investment or trading advice Entertainment ONLY!
Interesting to see the formation structure, using a simple lines and a NON- log chart. BTC has been retesting this zone since last August. Seems bullish to me that we've hung around this area for several weeks. Looking towards the next several months to see if BTC reaches the above fib levels. Cheers! NOTE: Not trading or investment advice. Entertainment only
Watching for shenanigans at this level to verify if any further downside is ahead. I see two scenarios which are located in my profile. Either we've already reached a major bounce point or we capitulate further to $2K regiom. Trade safe and enjoy the show! NOTE: NOT trading or investment advice. Entertainment only
AMEX:USO Looking at the Weekly chart, USO is oversold on RSI . Sell off VOLUME is enormous and appears to be slowing. We're also sandwiched in between the weekly ($4.30) and monthly supports ($3.70). From these regions, I am looking for a bounce up in the near future to retest resistance (highlighted) in blue, especially if we're getting close to a rescinded...
BITSTAMP:BCHUSD Seeing these patterns pop-up all over. If the BTC market stays bullish from here, then let's see if 1.618 gets hit. NOTE: Not trading or investment advice. Entertainment ONLY
COINBASE:LINKUSD I recently recalled an ETC Fractal that struck me as interesting after coming across another similar one on LINK. Note, I've no personal or financial interest in this coin what so ever, but thought it was worthy of sharing for those who might. NOTE: Not trading or investment advice. Entertainment only.
COINBASE:LINKUSD :REPOST: To make this idea searchable under LINKUSD. I recently recalled an ETC Fractal that struck me as interesting after coming across another similar one on LINK. Note, I've no personal or financial interest in this coin what so ever, but thought it was worthy of sharing for those who might. NOTE: Not trading or investment advice....