$XTC has rallied strongly and is currently sitting at the top of it's channel
$NEO has hit the bottom of the rising channel, and with average volumes up - it's definitely worth paying attention to. #CRYPTO
$BTC has had a wild ride this month, jumping a massive 65% from it's local low. Not everything is roses and sunshine though, with the chart showing that volume has largely been falling through that period - and RSI is showing lower highs as well. The channel is still in place, and in an upward trajectory. However the fit has fallen below 95% so some caution is...
I guess we are due for another pump & dump. #crypto
Comcast is looking for a breakout. Positioned well within the rising channel, however volume is falling...
$BA has broken the lower bound of the +/- 2 deviation channel, though we have seen 2 examples of this in the recent history that have bounced back into the channel. That said, the RSI is at it's lowest point since COVID kicked off. That suggests that we are definitely outside of the normal fluctuations of the rising trend line. Volume is also largely on...
$NCLH is feeling the effects of a battle with the CDC, which is surely a litmus test for things to come as the world begins to live in a 'new normal' world. Now down 1/3 of its value in the last month - shareholders should be watching proceedings closely.
An important change happened on the $BTC chart over the weekend, with the regression switching from a rising to falling trend. We have the trend set - conservatively - to 50+ candles minimum; so the regression is largely trailing behind what we can see with our own eyes. Though, with an upper range of 4000 candles (days); there is now a strong correlation to the...
$ETH remains looking strong on a decently zoomed out chart. This 1.5 year long rising channel has a 97% fit with the recent volatility creating a bullwhip into the +/- 2.5 deviations (blue lines). Overall, we are still right on the edge of the bottom of the channel - with lots of upside potential. #crypto
$NCLH hits it's lowest RSI in 12 months; with price coming into the bottom of the +/- 3 deviation channel.
$THETA is on the bottom of it's expected range within the channel. Historically, this has been a buying opportunity. #crypto
$BTC is struggling to get back into the rising channel. We are still above the cut line; but this consolidation phase will be very important. #crypto
$HDV has broken below the rising trend, however has bounced above the cut line. Worth watching.
With a 97% fit to the price - ETH is sitting nicely in this channel. When we look at the bigger picture, this price looks like a great opportunity to pick up some long positions... #crypto
A lot is being made of the fears of rising inflation at the moment. Last year, a huge amount of additional M1 money was added into the US economy - and was immediately refuted by pearl-clutching and gasps from the cheap seats. This increase in monetary supply almost certainly gave a kickstart to the stock market - which has been rallying not stop since. THEY...
The last time $BTC was at 30 RSI; it's price was below $5,000. The channel has undoubtedly broken down; as the overhead resistance was too much for Bitcoin Bulls . We are currently seeing a strong bounce; however it has not breached above the short term trend line; which is the first real test for a recovery and continuation. I don't believe the current cycle...
$ATOM has early signs of establishing an upward channel. We are currently on the bottom of the channel, so aggressive traders should take notice. #crypto
$CAT looks like it has hit some resistance around $235. If the channel holds up; a breakout from here could present some great potential value.