WIll $TSLA follow the Gartley pattern? I think there is good chance . If it hits the D point , I'll be sure to buy call options NASDAQ:TSLA
After Palladium has had a recent correction it retracted to 0.786 fib, in fact it ran some further and triggered some stops in typical fashion. Right now it is below that line. Notice the large top wick of 62 points (worth $6200 for one contract) . This is an indication that bears are still in control for now. Shorting here will give you a nice risk reward ratio....
COINBASE:BTCUSD
Made a short video explaining why we might see BITFINEX:BTCUSD 6800-6850 levels soon You can follow me @HungryfoeFA
Last time when KRAKEN:ETHUSD broke the trend line on May 17th , the bullish altseason was over and investors who are holding this cryptocurrencies have had major losses. COINBASE:BTCUSD has continued it's downward trend as well. The red arrow indicates where ETH is right now, if it breaks current support there might be more pain ahead for alts. Besides...
Happy Sunday everybody , All 10 altcoins combined , namely BITTREX:ETHBTC COINBASE:BCHBTC BINANCE:EOSBTC BINANCE:LTCBTC BITTREX:ADABTC BINANCE:XLMBTC increased 6.6% today relative to COINBASE:BTCUSD On the chart a higher low is easily visible , which might be a significant set up for higher highs.
COINBASE:BTCUSD is making a higher low. However this does not mean it has to make a higher high . It rather seems to be consolidating.
BINANCE:SNTBTC has bounced of higher low on light volume . If COINBASE:BTCUSD is stable it may continue it's run
NASDAQ:QQQ may be showing us Head and shoulder pattern . If it closes under 167 this week expect a long black candle . I've puts
In my opinion there is not much in the way for COINBASE:BTCUSD to touch the $6500 level that it was on April 6th'18. Liquidated my $BTC position and hope to pick up 1/2 at $6500 Risk: If there is a SEC announcement regarding cryptocurrencies for less regulation it will jump sginificantly within a day
BINANCE:SALTBTC has made a higher low on impressive volume. It's a lending token that takes cryptocurrencies as collateral, no credit score asked. In my opion it will outperform BITFINEX:BTCUSD . current market cap 213 M which gives it plenty of room to grow. As a bonus it will presented today at Consensus2018
BINANCE:ELFBTC has nicely bounced off 16700 sats. Good entry point here if you missed it earlier.
AMEX:SPY S&P 500 is following a giant descending triangle, even though on 04.18.18 it has not touched the triangle. Overall the market is bearish short term , despite being in the earnings season. In a bullish market some neutral and positive earnings report would have been interpreted as bullish . Increasing treasury yields may be partly to blame. As...
BINANCE:BNBBTC pushing off resistance on low volume