denmaz6710

denmaz6710

Will the oil price nowdays is the peak? Oil price seem retreated from the high. Despite of the high inflation rate across continent, however relentless development on altenative energy, electric cars demand increasingly will reduce the oil demand as well. Just my 2cent

denmaz6710

Divergent is spotted just after reaching ATH 69k. It likely to retrace up to 61% fibonacci level, or even going lower to the strong support level at around 60k. (Disclaimer ON) This is only for education purpose. Any thought are welcome.

denmaz6710

EMA89 was broken - what's next? I use EMA 13/34/89/144 indicator and RSI stochastic for this analysis. I've been use it for quite a while, and found it useful for my trend analysis. After significant optimism over at least 4 consecutive quarter, unfortunately the price trend has changed. EMA 13/34 dead crossed, continued with price drop below EMA89 with a low...

denmaz6710

4hrs chart of BTC, with DBW pattern spotted ( bullish continuation pattern). We can determine the target of this DBW pattern using fibonacci ratio.

denmaz6710 Updated 

Triangle pattern may lead to bullish continuation, stochastic on oversold level will also trigger further upside.

denmaz6710

Covid-19 effect still long way to go for real sector, mining business, where UNTR is one of the kind company. The requirement for heavy equipment may increase along the way with vaccination progress, however the coal price also impacting the appetite or coal demand in the near future. Taken into consideration also the renewable energy development which more...

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Ascending wedge chart pattern. Will it close the nearest gap and bounced back ?

denmaz6710 Updated 

Telecom stock has been under so many pressures since the Covid-19 outbreak back in March 2020. It's almost a year since, without any sign of strong recovery. Technically was found strong candle reversal on the daily chart which may confirm the bullish continuation.

denmaz6710 Updated 

A sign of reversal?

denmaz6710

ETHUSD still running within the bulish trend channel. Early indication of bounced back as shown on the daily chart.