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ETH/USD short-term prediction. Elliott Waves count.BITSTAMP:ETHUSD ETH is running to the end of 1st primary impulse wave. ETH will meet $200 before would have a correction (2nd primary wave) to ($137 - $124) area, which are Fibonacci 50% and 61.8% supports. After correction, ETH will keep its rising, as 3rd wave starts. A rising wedge pattern is marked on chart. It is a continuation pattern, which means ETH will breakdown this wedge with a dump to predicted price area. A short (sell) idea is suggeted from around $200 to around $125, with a stop-loss at $205. Estimation time of this idea: 1 - 2 weeks.
BITSTAMP:ETHUSDShort
by Batrachotoxin
TESLA: OminousQuick look at TESLA, TESLA has been trending well for the past years within an ascending channel (in blue). However, of late, we see a breakdown from its ascending channel, as well as its key support level at $240. This spells disaster for TESLA as the next major support we should see would be at the $180 range. A key resistance level that the stock has retested and failed multiple times is $380. Regardless, looking at the RSI and MACD, it may be timely to start getting greedy. Watch closely for volume and fundamentals as this may ideal for a nice entry point.
NASDAQ:TSLA
by gingerbre4d
BCDBTC Volume Analysis Prediction 04/25/2019BCDBTC Volume Analysis Prediction Unexpectedly, BCD fell down and updated its minimum. Honestly - for me it was a surprise. But in this falling there is an interesting nuance. Look at the vertical volumes when the price moved down - they are minimal. It mean that it was a large number of small systematic sales, not a panic sale. Then we saw 2 impulse bars, interpreted as a bull initiative. But despite growth, priority remains bearish. To break it, the price need to breakout 0204. Buy1: 0178-181 (with confirmation) Buy2: 0170 Take Profit1: 0204 Take Profit2: 0214 Take Profit3: 0228 Stop Loss 1-2% Priority: Bear
B
by mooncatcherpro
Grubhub (GRUB) Lost a Level. Short into Earnings.Last week's analysis suggested that Grubhub could make an attempt to breakout in the form of a cup and handle. However, Thursday's action negated this potential. Instead, it's shaping up as a great short opportunity, especially with earnings being reported this upcoming Thursday (4/25). If it's true that Q1 earnings are consistently featuring reduced guidance, it's likely that a weak report here will further accelerate their decline. Target #1: 50 Target #2: 42
GShort
by axelroark
S&P 500 Crash Playing Out as ExpectedHi, all. Over the weekend I recommended looking into shorting the S&P 500 index, as it looks on the brink of a crash. Today, we can already see this breakdown taking place, as the index dropped nearly 11 points today, producing fair returns through SPXS (triple leveraged reverse index for the S&P 500 index). However, we must not assume that this drop reflects the crash just yet. The MACD chart shows that the index is going bearish in coming days, but we must remember similar pullbacks like the one today may happen all the time. Additionally, we can notice that buyers pushed price back up after the initial sharp drop. This could indicated possible bullish action in the near future. Despite these arguments, however, I still hold that the index will eventually drop to around the $2500 level before bouncing on the support, but may possibly rise back up to around $2850 before really crashing. For the time being, I am going to continue to short the index by buying shares in SPXS. Thanks for reading, leave a like if you agree!
SP:SPXShort
by nextrades