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ONT: 30 minute chart. Bullish patterns. New trade entered!I've decided to re-enter ONT. The EMA crossing confirmed on 30min. Bull flag is still valid. A bull pennant has also formed. See new targets determined by Fibs (potential supports and resistance) flag pole lengths. ROOKIE trader; Follow at your own risk! -Solid horizontal orange line: I bought at that price -Dotted horizontal orange line: mock buy, not in the trade yet -Solid horizontal pink line: Stop loss/sell implemented -Dotted horizontal pink lines: Targets
by infbp22
BTC Analysis 4/6/18 Harmonics Of Market Indicate Buying Op.BTC has been holding today at the mid-6k critical support levels for the longest time since the selloff. In fact, this price hold is rather uncharacteristic of the bearish market patterns of the last few months. I tweaked the MA(100) to expose a more detailed periodic motion in the market. It's hard to deny the gut feeling that BTC prices should rebound. Emotions aside, the MA trend compares to similar trends right before a large price rebound, when the bears were dumping coins from 9k levels. The correction could develop any moment or in a couple days. Granted, the bears have ruthlessly been targeting 6000, and there is nothing to confirm that the market is ready to fully rebound before then. I expect a dump shortly thereafter, but not before testing 7300.
BITFINEX:BTCUSDLong
by rolflocher
1
BTCUSDT Poloniex 30min Chart Consolidation level and breakoutsLooking at the 30 min cart on BTCUSDT on Poloniex for swing or day trading I would be looking at trading the sideways trend channels and looking at closing positions if the sideways trend breaks either upper or lower levels. We have a good looking short term consolidation in a relativity narrow channel between $3620 and $3720. This is not a long term consolidation on price. The trading channel for profit is only $100USD. Volumes are showing that the demand is slowing down as traders look for key indicators to give a signal on what will happen next. Bears and bulls taking a breather to regroup and reassess their next moves. When the price breaks through the Upper or Lower levels it will be met with the larger well established resistance of $3,800 or the lower established $3,500 support levels. The bollinger bands are extremely constricted now and also indicates a smaller margin between buyers and sellers pricing. Again confirming a breathing period on the immediate to short term. NOTE: This is based only on a 30min chart and is not an analysis on the longer term trend/outlook. This information is aimed at day traders or swingers. Always happy for input as we are all here to learn as learning never stops in the market game, huh? :) Good Trading Everyone Dan
by djkirbynz
1
7.26.17 | BAC | 30 min. BreakoutBreakout on the cup and handle diverged and formed a small double top which is now reversing with the breakout of a falling wedge. I expect this to rally for the rest of the day and gap up in the morning following a rally for the rest of the day tomorrow. The fed meeting today did not leave investors with any surprise's and Bank stocks do not have anything to fear based on the latest policy meeting. On the uptick BAC has announced a dividend increase of 85% $.07 to $.13 to go into affect at he beginning of September.
NYSE:BACLong
by TrilogyAnalysis