Bounce
QKCBTCAfter a nice dip in the coin market, we are seeing QKC reaching support level again and bouncing off it.
Excepted short-term bounce.
Waiting below previous month ath 58350Clear bounce from 58350. Price has been set stop.
I set buy limit around the top of the volume profile : 56500. And another limit on purple trend line and FIBO 0.618 zone 54620 because these prices
are true support in the main trend. But we still have to think about possible decline even lower and therefore do not buy for much % of account.
RSI 63. neutral level
Both side of positions longs and shorts keep increasing at same time.Which hold BTC in uptrend.
if the price closes 1H/4H above 58350 possible add % too.
Inform where you purchase and why, we can solve it :D
DSS possibly bouncing off MA 20 and Key support. $DSS
This is what I'm seeing For this week.
It's bouncing off two things.
1. Support from initial gap down (after offerings)
2. Support on Daily MA 20. Second time meeting it since offerings gap. Notice the first time it went below MA 20, it gapped way down in Feb. Need a bounce today to show strength.
3. RSI is at about 45. A turn up today would be a perfect play with enough space before becoming overbought.
4. Cup and handle.
Possibly bullish but I think it depends on how we perform today and tomorrow.
5. Earnings on Wed.
If neither of these things hold this stock up, will need to re-evaluate. Let me know what you see. AMEX:DSS
Is MMEX recovering?VERY HIGH RISK for VERY HIGH REWARD.
Extremely RISKY
I am putting 100$ on this stock wich is giving me 37 000 stocks. If it ever recovers to the first resistance of fibonacci on the macro trend, price would be at 360.
37 000 x 360 = 13 320 000$
I am actually gambling a 100$ on this.
Calling GTN ReversalGTN is a broadcasting company that recently took a stake in a sports & gaming company, Envy Gaming. This fast growing sports & gaming company will propel Gray Televisions growth, making it a good long term hold given their current market position already (#1 ranked due to show holdings and licenses by market entities) - this one loves the 50EMA a lot, as long as it holds 18.9, doesn't break 18.4, expecting this to rally back up to the 20s - take profit at 20.4, 20.8 for a good 5:1 R/R
GBPUSD: Bulls Time !On GBPUSD, following the negative CPI impact, price went downward to reach a critical support zone, so what are the possible scenarios here:
1- Rebounce Back: Price hit the 1.37 level near the support area and also a long-respected trendline as it was trading inside a channel, so the price can jump back bullishly to target previous highs.
2- Dive Inside: Price can go inside the support zone with a fake-breakout of the channel for a couple of hours/days and bounce back and here we move again into the first option (1).
Long is our clearest view for now, Trade Safe and Best of Luck !
MacroForex
SPY Bull Case for March 24thSPY has been in a bit of a tricky situation lately, stuck between the debt expansion of the fed which is bullish, and the yield curve and DXY going up which is bearish for SPY. Until the Fed implements Yield Curve Control (which I believe they will do in the near future) SPY could keep correcting and this volatility will remain. The market wants more debt expansion, so until we get it SPY will be indecisive.
Will BTC go sideways from here?Here's a quick look at BTC daily chart. As we can see, the price broke down from the rising channel and went all the way down to 53k where we found some support and bounced. The price is right now forming a new falling channel, and if the price somehow manages to break it to the upside, we are then going to new ATH for sure. There's bullish divergences to be found on the lower TF's that indicates a bounce from these levels.
If BTC goes sideways for some time now, and decides to oscillate in the falling channel, then the alts will get some room to run. Alt season is near :)
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. BTC needs to get stable before alts can run. Trade safe!
MARA BROKE CRITICAL LEVELMARA broke and retested the resistance level for an intra-month rising wedge which is a bearish signal. Unless we see Bitcoin bounce at these levels (which is unlikely) MARA can easily head down to $35, a previously strong level. At that point we can expect to see a bounce with buyers taking control again. Long term I can see both MARA and RIOT breaking $100 this year but short term things are a little more choppy.
BNB/BTC bounces from support. Long oppertunityBNB has been on a decline since it´s ath in February. I has now touched the 200 EMA on the 4 hour. I will be taking my profits at the next resistance marked on the chart, and SL on 0,0045.
I support my idea on behalf of the BTC.D dominance which is looking quite bearish, being that it rejected forming the H&S pattern. I am also bullish on the coming altseason.
#Bitcoin: Where are we going now?!We broke out from the consolidation zone YAY, but where are we heading next??
In short term, I suspect $60820 is our final destination before another push down to liquid those high lev nerds.
And in long term (which could be as near as next weekend), base on the Fibonacci extension , my targets are $62600 and $65152 .
Remember that these prices are not accurate on every exchange
If you are looking for a retest and another buying opportunity, then try the green box that I draw on the chart.
cheers
SGEN Bullish DivergenceAs indicated on the chart, SGEN entered oversold territory at the end of October which was immediately followed by a Bullish RSI divergence. We can see that price just bounced at support line that has been holding strong since May and at the same time we received a bull signal from our MACD. SGEN is down over 40% since May and considering the strong bullish indications I believe this is an excellent buy opportunity.
$ORN: If it's gonna bounce... it's gonna be here.Price action for $ORN has just touched that lower .5 pitchfork prong. As well as a perfect confluence for the previous pennant's top trend line. I think there's quite a bit of FUD in the market right now. We're in a disbelief area of the market cycle... "This is it, it's over, we're going back down now."
Staying patient and stacking more of these massively bullish, high potential projects is the move. Do you have less that 1k $ORN? Fix that asap.
MP Watching for Breakout at $41Narrow range today, minor down tomorrow and breakout possible if the market finally goes up on stimulus news.
If stim won't buoy the market, it'll get even uglier soon.
Interesting company with a 17% share of the worlds rare earth metals used to create magnets for electric motors.
Huge upside as the world electrifies.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*