Comment if you agree or disagree, would love to hear your thoughts ~ Balla Ji
the float is assigned to somebody else. notice the character of price elasticity and incognito under the radar moves with no fan fare coming from $23 this is a mark of a professionally handled asset class. a matured veteran who knows how to provide blessing both the LONG & SHORT speculators
- WAIT FOR A SOLID BREAKOUT - WATCH FOR RETEST - EXECUTE WITH CONFIRMATION
The amount of green candles is eerily similar to the previous bottom. Also note the RSI.
FB GAP DOWN IS A HUGE BUY OPPORTUNITY Facebook's earnings report a week ago upset investors and the stock fell more than 15% forming a huge gap. Now stock is trading with P/E ratio of ~20 which I believe is very low for tech stock such as FB. Twitter has a P/E of 3X that of fb. Solely P/E is definitely not a good way to analyse any stock, however my analysis...
seems largely bullish, but could turn around without much difficulty. Keep your stop up or I'll ring your head like a bell
LITECOIN is going to break out of this consolidation pattern in the next day or so. The Volume is decreasing and no MAJOR bear volume which is a positive sign. The Daily MACD has potential to cross over so perhaps wait for this cross as further confirmation. The 4 hour macd has already crossed bullish but IMO i think we may see one more reject from the...
Litecoin is going to pop, after announcement mr. Lee about his own ico (speculation) launched on.... ltc blockchain. :) Load the truck. (my 2 cents)
First reliable breakout signal off the downtrend after the long 7 months bear market for Litecoin. (Correction from 48 USD -> 3.3 USD. 14x decrease in price) We also have a double bottom made on 22.10 CNY (3.3 USD). This is an extremely good risk/reward place to be taking position on Litecoin with stops at 21.69 CNY.