RCL took a bit of time to recover from COVID but has now done well. The dialy chart reflects this. Last year price rose in the winder and spring then fell when the summer ended and reversed upside in November. Ir is now in a rising wedge and price is at the upper trendline. It is confluent with the second upper VWAP band line suggesting not much room upside...
BINANCE:BADGERUSDT COINBASE:BADGERUSD Hello traders Badger is my first suggestion for the altcoin market. As you can see, a lot of volume has entered this altcoin and it has been stabilized in a certain area for a long time. As long as the price is inside the pitch-fork structure and above the support line, it can continue the upward path up to $18.50.
On the weekly timeframe we have a sideways market. The current buyer vector is 16-17.
XMR has seen some recent loss in buying power (I have another post on day trade targets if you're interested). For long term potential, XMR has seen a large amount of buying pressure. Also consider that anyone that has bought XMR in the last 4 years or so, outside of a few bearish blips, would be selling at a loss right now. I'll look more. into it but I can...
Hi all, I'm a bit new here and going to try my hand at some general analysis rather than for any specific crypto asset. I appreciate any feedback and thoughts on this. On this chart is alt coin to bitcoin conversion. I've overlaid BTC/USD and ALT/USD as well. In general these tend to follow each other, though the index here (ALT/BTC) tries to aim at finding a...
Crypto has been on a general down-trend the last couple of days. In the last hour or two we've seen a temporary increase in the cryptos I've looked at but I'm not seeing volume to support the uptrend. In particular, I've been following UNFI in particular (main chart) and it looks like there's some buy/sell algorithms oscillating generally between the hour chart...
As I see it, over 90% of the time NVDA reaches 70+ RSI overbought level it makes a small correction. At times, this can be easy to miss, but assuming RSI is combined with other indicators/candles. This may be the basis of my strategy for big put plays moving forward. Take this with a grain of salt as I am a complete noob. Unfortunately the chart has to be 15min...
KOLD on the 15 minute chart shows a prior uptrend followed by a large falling wedge pattern from which in broke out then to form another smaller falling wedge. Anchored VWAP bands are added showing price is now just above the support of the mean VWAP line also confluent with the Fibonacci retracement of the uptrend of the first 20 days of February. The RSI...
On the daily timeframe the market is consolidating sideways. A short vector of 7-8 is observed. It is not advisable to seek sales at the bottom of the range. It is advisable to look for purchases after the price interacts with the zone of 59000-61500 and a buyer emerges (result, spread, volume).
Still very much like this longterm. I'm not a fundamental trader but it seems as though all the fundamentals line up - so will be looking for us to get picked up by a stronger buying continuation algorithm. Ideally magenta. Happy Trading :)
Haven't updated this in a while - i've been holding long calls throughout this strong movement. Will look for the next breakout of orange tapered but expecting some resistance there ($51 level) where we can see price falling out of purple and finding blue continuation support. Will update as we get there Happy Trading :)
Hey guys! Today, I'm seeing a rather dim picture for Bitcoin. It appears that we're currently experiencing ABC Elliott correction waves. Furthermore, despite a minor uptick, I'm observing a bearish divergence, and overall, trading volumes seem somewhat weak. The weekly support line is situated around $52,000. Additionally, historically, BTC tended to correct...
VINC on the 15 minute chart was sideways at the top and put in a 20% short trade today which was straightforward an easy. A 50% partial taken off at the mid-day counter trend then the remainder of 50% off before the close. Idea is on the chart; see also the previous ideas. Expecting a full reversal in the pre-market trading and a good intraday trade at least...
TSHA is a gene technology medical company which reported on its clinical trials for Rett Syndrome which is a neurobehavioral disorder separate from others like autism or schizophrenia. This could be a breakthrough medication for those who suffer from Rett. TSHA102 could be heralded as a miracle treatment ( not a cure). Price had trended up in February and...
VINC was a penny stock and is now in the near penny category as this biotech stock has had a great run in the past 10 days. On the 30 minute chart, 225 shares are bought at low prices and 125 shares are sold for profit with 100 shares still running as the momentum slows. Overall, the trades where profitable averaging 12% daily in an average trade of 4.5...
OTC:IGPK Has been on the hearts and minds of many OTC traders recently as it was apparently discovered to be doing a 1/1,000 R/S. I say apparently as it hasn't been confirmed yet by the company and many have raised suspicions on the "added" documents to the file that can be purchased from the Nevada SOS. Apparently according to sources, 3 new pages that...
FUFU went public visa a SAPC ; It is a crypotminer from Singapore. Market cap is SEED_TVCODER77_ETHBTCDATA:1B and the price to sales is 4. On the 30 minute chart with a set of anchored VWAP lines and a predictive algo based on Gaussian regression lines by LuxAlgo., price is seen first in a VWAP breakout into above the third upper VWAP lines peaking on ...
At the end of January we highlighted the potential for USD/CAD to retrace back to its 50% level and print a swing low. It worked out well - although the 1.36 target did not arrive as soon as hoped. Still, it reached that key level on Wednesday - and it is a level that remains of interest. Not only did prices fail to close above the 1.36 handle and weekly R2...