Even tho BTC is up 10% today I would'nt get my hopes all the way up just yet. Something interesting is happening here.. History shows: every time 20 & 50MA line crossed the 200MA line to the downside in the past, BTC went into a full on bear market. 20 & 50 MA is still just above 200MA, but a cross to the downside could give confirmation we need for a bearish...
Bearish cross on the Williams Alligator. Bullish Cross on the KST. $25.00 by 2025 unless TSLA pulls another Solar City-type deal with SpaceX. If the stock does a 360 it'll only be to $360USD.
It seems as though BTC is forming an ascending triangle on a micro time frame on a yearly chart. On the RSI the pattern appears like a bearish pennant. Bearish cross on the KST.
It appears we might see a bearish cross on the monthly MACD for SPY. The histogram reached its highest level back in Jun-Aug 2021. The histogram measures the spread between the two EMAs. We might conclude that we've never seen the market rally as much as this in such a short amount of time. The Covid recovery was truly unprecedented. The QQQ monthly MACD has...
On the RSI there appears to be a noticeable divergence, there's a series of higher lows forming an ascending triangle. The price is displaying a series of lower highs forming a descending triangle. A bullish divergence or bearish divergence? A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation...
This chart shows several bearish signals on the BTC daily chart, and is meant to provide insight into possible (but not guaranteed) future price movements. - It shows a rising wedge pattern, traditionally indicating a likelihood of a continuation of the previous trend (in this case: a downtrend). - It shows a decrease in volume. - It shows a bearish divergence...
It appears as though GBR is displaying some bearish indicators coinciding with a price decline into a descending channel. The Williams Alligator is showing a bearish cross and the bands widening pointing to the downside showing bearish strength.
It appears as though BTC is trading in a descending channel or a falling wedge. On the RSI there's clearly a descending triangle with a series of lower highs. On the DMI there was recently a bearish cross coinciding with a sharp decrease in the price. It's likely BTC bounces off the baseline support of the descending channel, look for sell pressure at the...
GMG has been on one hell of a ride, I've been holding this company since before the halt when it was CUSPIS Capital, unfortunately, I sold a majority position way too early once the halt was lifted after nearly 6-7 months. It appears as though the share price is consolidating into a Descending Channel on a log scale chart and more of a falling wedge on a % gain...
It appears as though QCCU is trading in a descending channel, if the bottom support is lost then be very cautious. On the KST there's been a bearish cross where I have placed the red downward pointing finger. The DMI is showing a bearish cross where the red line has crossed over the blue in an upward motion, I have placed red finger icons as some other similar...
On a long-term chart for TNY, it appears as though the price has formed a bullish pennant pattern in blue. The RSI is displaying a bullish flag. A bearish cross has occurred on the DMI where I've placed the red downward pointing finger. The price has noticeably broken the red downward sloping resistance of a Macro descending channel and upon back-testing has...
Or, possibly this pattern plays out as a bullish flag. The KST is displaying a bearish cross where I have placed the red downward pointing finger. Keep an eye on the DMI in the upcoming trading days, if there's a bullish cross it would be very note-worthy for the bullish narrative. Something similar to what happened where I've placed the green fingers. The...
It appears as though BEV is breaking down from an H&S pattern, the head of the pattern is the red human icon. On the RSI there's a bearish descending triangle. On the KST there is a bearish cross where I have placed the red finger point down. The first price target is 50c. The second price target is 20c. Bevcanna claims to have a 210M bottle production...
Since my previous chart on Bitcoin linked to this chart, we've seen BTC break-down from an Ascending Triangle after multiple fake-outs to the upside breaking the horizontal resistance; the green upward sloping support has been lost for the being, but is the recent price action merely another fake-out, but to the downside instead? Well, only time will tell, as for...
After breaking out from a crude bullish flag or what could have been considered a descending triangle linked to this post, BTC has consolidated into an Ascending Triangle drawn in light blue. On the RSI there is a similar pattern as the price action, notice the series of higher lows along with the blue upward sloping support of the Ascending Triangle. On the...
Since my previous post on GBR, we've clearly seen the price breakdown from what appeared like a bullish pennant or potentially a bull flag, but the bearish divergence was/is too strong... Currently, it appears as though the price is breaking down from a bear flag with a head and shoulders pattern noticeable. I have placed a blue human head and body icon to...
It appears as though TNY is starting to slightly break the blue upward sloping support of potentially an Ascending Triangle to the downside, it would be ideal if the bulls hold this area of support. In green, I have drawn what appears to be a longer-term trending descending triangle, or, bullish flag, the green downward sloping resistance is currently being...
GBR has created lower highs on the RSI since Oct 2018 but the price has continued higher until the blow-off top in late June 2020. The RSI looks like it's trading in a Descending Channel. The KST has seen multiple bearish crosses since Dec 2018 and continued lowers highs indicating momentum is fading. Noticeably the price has broken flush to the downside of a...