ALL-TIME
OMG 6h elliotIn a perfect world we are just in the beginning of a huge elliot wave.
Tell me what you think.
ETH/USD 1D Cup and Rocket1D chart showing a cup and handle forming. Once the handle is complete, this new ATH should line up with Ethereums realease of Metropolis on Sep25.
PAY Pennants patternAs requested here is my re-evaluation of PAY.
for 30m it looks like we have a nice pennats pattern with the first candle close to breaking top of resistance.
The 1D RSI still looks strong wich make me think we still have one more push.
If we break up from the pennant we will have another resistance level around 1600. So that will be my first sell target, Once at 1600 and if RSI still looks strong i think we can go past 1900 and find some resistance at 2000.
Breaking down from the pennant and we most likely go down to lower support around 1000. If we bounce on the 1000 - 1100 that will be my BUY signal.
Invest at own risk :)
MTL nice support at 2000MTL look to have found strong support at 2000 ( Previous top ) and are now forming a pennant pattern.
If we have another wave up we will be close to an all time high and have free motion up from there.
My target will be 29 - 30.
It's been some good days for crypto :)
Inside bar without any resistanceAs we all know, inside bars suggests a continuation of the trend or a reversal of it when forming on notable resistances/supports,
USTEC has continued its journey to the moon after the recent huge decline. Buying a stock after reaching an all-time high, after retracements, is alright. I've been holding two long positions for the past weeks with an open TP, and I will hold so.
//Jim Cramer is one of CNBC’s top stocks analysts and a former hedge fund manager. In an edition of Mad Money, Cramer explained that he is often inclined to buy stocks that have reached fresh all-time highs, providing they have been rising consistently, and have pulled back since reaching their latest high point: "When I'm ready to establish a position, I wait for a pullback to come that's at least 5 percent down," Cramer said. //
BRENT CRUDE OIL near all time low. Pullback possible.BRENT CRUDE OIL near all time low. Pullback possible.
SN Sanchez Energy Accum/Dist Breakout to All Time HighsSanchez Energy's chart may look down-and-out with recent profit taking, but actually it is the Accumulation/Distribution Line (ADL) that tells the real story. The ADL has broken out to all time highs, and now the chart has to play catch-up and rally, the Heikin-Ashi TrendBars are signalling that the new bullish trend has already started.
Reference ADL Divergence
www.tradingview.com
