AVAX appears to have a little bit of strength in this recent sell off. The fundamentals are there so its not out of the question to see some rotation into this coin. The moving averages are all positive, but I personally rely on the fibonacci's for my support and resistance. I do like to use the 9-MA (white line) as a guide for trend, it seems pretty consistent...
We appear on track. The previous chart noted the head and shoulder. This is an hourly which appears to have a right shoulder forming, or a handle for a cup. A potential path is charted. It has probably hit $116 as I'm writing this. Nothing is concrete except there is positive buying volume. Points of interest are still FIB levels. Look at !5 min for another C&H...
Wow what a dump Friday! In the short term, there is a possible move back to the 53k range. A lot of this short term movement is going to based on leverage, in my opinion. We also have larger factors looming around as well. I believe the Evangrande situation is playing a role in some of this profit taking here. On the downside I see testing that 41-43 range again....
Had a quick scalp opportunity that played out perfect. I am looking at a possible re-entry if old resisitance/new support holds at $10.60
Watching for this C+H to possibly play out. BTC has been making some headway, it also has a C+H or inverted H+S, depending how you look at it. Either way they have the same neckline. If it plays out for a short term run for some big money to exit, I expect SOL to run as well. Ultimate target at the 100% retracement, with resistance around $190 possibly. If we hit...
I have a position in this for 9/17 62.5c We are currently in a consolidation after the sell off. I have noted key points on the chart. In addition to those points, I also have a few others. The gap fill mentioned would actually be a move down to the bottom bands on the squeeze channel on the WKLY timeframe. We were also recently rejected at the midline (20ma) on...
Just some basic charting of the recent run for XRP. Long provided we stay within the trend.
I am working on trying to learn Elliot Waves, here's my feeble attempt. I have noted the corresponding Fibonacci levels, which appear to coincide with the "rules", as well as impulse and correction waves within. Price is currently at the 50sma, lets see if it holds. KDJ and RSI also appear to have reached recent term bottoms. I will be opening a position in the...
Sundial needs Nasadaq compliance, as well as being a possible buyout candidate.. I am looking for to stop at the noted Fib levels, with a possible dip down before hand, not sure if today was low enough.
Based on the recent trend, CBAT is looking to break out of this wedge. Target is $10, though I have noted the shorter term Fib. with the dotted lines. Although, this evening I did notice large put volume at near the close of the day. Will need to dig into that more. Currently holding Feb. 7.50 Call. www.barchart.com
I am currently working on learning the Poor Man's Covered Call. WAITR seemed to fit the bill with earning coming up and some recent PR. Price has recently achieved support on the 20ma, breaking out of my upper trend line. Looking at a $4 target. Providing this holds $3.50, preferably over $4, the plan is to roll this Nov. call into Jan. I would also like to...
Small short position in to the $400 area. I expect long overall.
Multiple indicators suggesting continued downward pressure. The $33.63 are is support, with $33 picking u the load if that fails. At that point I will look for a possible reversal.
I came across Pfizer for the dividends, and noticed a possible pattern here. I am new to this, so constructive critics and opinions are welcomed. I have noted the 200 SMA as well as the 200 EMA. I am curious if the moving average will first be a point of resistance, considering the convergence of the multiple averages. This could possibly push the price further...