$ALGO/$BTC @BINANCE POTENTIAL BULLISH BUTTERFLY EXPO GAINSLooking for Bullish Divergence at these prices, but you are in the PC(ZONE) of the Potential Bullish Butterfly. I have had this plotted for months now and have had previous TA posts on it. That being said, the safest entry would beat the 1.618 and this is also the log scale as this is exponential! If we do hit the 1.618, we would really want to see 4 hour and or Daily Bullish Divergence formed
Gains
PEP Breaks to the UpsidePEP has breached the resistance highs to move slightly up to a new all-time high. PEP is one of the few Index Components that has a new high at the end of August. PEP must now hold on to these gains and not slip back down into the Trading Range. Early September price action will define whether this breakout holds.
SURF -Bullish Divergence Found On RSI - Possible GainsSurface Oncology, Inc. is a clinical-stage immuno-oncology company, which focuses on biological pathways critical to the immunosuppressive tumor microenvironment and the development of next-generation cancer therapies. The company was founded by David S. Grayzel in 2014 and is headquartered in Cambridge, MA.
SHORT INTEREST
158.09K 08/15/19
P/E Current
-5.60
P/E Ratio (with extraordinary items)
-1.17
Average Recommendation: OVERWEIGHT
Average Target Price: 10.50
HOW TO SWING TRADE BTC DESCENDING TRIANGLE, TAKE PROFIT NOWGood morning everyone, iv got a SUPER EASY TRADE opportunity going on for BTC today. We have hit the resistance of our descending triangle (see last post for significance of resistance). This means that the price is likely to drop from here. IMHO its time to take profits and wait till we fall and hit the support line at the bottom of our triangle. SELL points are located at the RED arrows, BUY points are located at the GREEN arrows. The green circle is most likely where the price will bounce off of support and where I will begin my next trade. The goal is to get up to 1 BTC before the big bull run by swing trading patterns like these.
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AIONBTC BOUNCE POTENTIAL 246%!!Hello Traders,
As promised, a different chart everyday!
Today’s chart will be on AIONBTC, a potential 246% bounce from major support!
Points to consider
- Testing major support
- Stoch’s showing upwards momentum
- RSI bouncing of support
- Potential bullish Divergence
- EMA’s acting as resistance
- High Volume spikes
- VPVR showing low volume of transaction after first resistance
- .50 Fibonacci is a potential resistance area
AIONBTC is worth watching as it has a high degree of probability to bounce from current support and retest resistances that where previous support, (S/R flip Retest). Price is currently testing major support, bulls need to show up otherwise we can witness major capitulation for this ALT coin.
RSI has established a well uptrend, confirming a potential bullish divergence with price putting in Lower Highs. We also need to consider the EMA’s, which is currently giving price resistance, bulls need to show strength for EMA’s to turn bullish which is highly probable from this support zone. Overall the volume has increased, proving the significance of this zone, price could rally to second resistance zone, the .50 Fibonacci zone, posting a 246% gain!
What are your thoughts? Will we see a bounce or head further down and capitulate?
Please leave a like and comment
And remember,
“Trade the market in front of you, not the one you want!” – Scott Redler
#trxusdt #tron - Falling Wedge Resistance "D"Tron is pretty much stuck at the current resistance of the falling wedge and has to move now or looks down to new lows and forming a proper downtrend on daily, currently, it is only mildly bearish. It is well worth watching this, especially because on days like yesterday, some altcoins just break upwards. Many alts have this falling wedge as the underlying pattern, which usually has good odds to resolve bullishly if volume picks up.
Yellow lines would mark minor first resistances.
Targets / Supports are labeled as usual. The current strongest support is the Monthly Pivot S1.
The Quarterly Pivot Support 1 would be a huge resistance to break, it has been support many times before between February and May.
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Warm regards,
Neru
LTC finds support, bounces off fib level. (4h)On the four hour chart LTC bounced off FIB LVL/BOLLINGER BAND, after this bounce it created an engulfing bullish candle. Im going to wait to see if price falls back to to the lowest descending wick, if it bounces off the wick im buying, if it moves upwards past 10 EMA im also buying.
Market attituteYou ve heard about feds lower interest rate . News and realities are two face of markets! Logically when the interest rate fells down, we expect to increase of gold, silver and other cross symboles of USD but we see the inverse reactions! why? Because of price attraction to powerful money!
BTC Falling Wedge ? Bull Run?Hello Traders,
New Thesis on BTC,
Points to consider
- Resistance at $10,800 - $11,000 Zone
- Support at $9000 - $9200
- Stoch on downwards momentum
- RSI on downwards trend respecting resistance
- Bounce from support straight into resistance, .382 Fibonacci Retracement acting as CONFLUENCE
- EMA's acting as support but looks weak
- Volume is declining, signalling a big move is about to come
- Possible falling wedge ( Bullish Pattern), we need more touches to confirm
- Fib-extension targets show a possible retracement to $7918 area
BTC with a high degree of probability is forming a new higher low in this immediate down trend, confirming this will be another touch in the potential falling wedge pattern.
The fib extenuation shows possible targets, only if the pattern is obligated. One major retracement level is the green zone, showing confluence with previous support. This will be a very healthy retracment for BTC, a macro higher lower would be put in..
Will this confirm the bull run?
What are your thoughts?
And remember,
“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”
Warren Buffett
Bitcoin Short. Big gains going short.This is for educational purposes. Bitcoin price action is going lower. Look on the chart and you may see that the price action going in the same direction as the MACD...down. I feel the price may fall to $4000 and maybe as low as $1000. This means many will be making big money by putting in short trades.
Alt-Coins about to Push? Bitcoin has gained even more dominance, currently standing at 65.23% of the total market cap. In the passed few days during the bull run towards $13,000, altcoins were tumbling badly, than took an additional tumble when Bitcoin corrected towards $11,150 (+/-). With no bad news, Bitcoin is surely to make another press upward. But during this calm, we may see a huge spike in the price of alt-coins as profit takers from this last bull run invest in coins that fell. Expect to see ADA, XRP, XML coins start being bought up at these new lows. The next huge percentages gains will come from alt-coins. . This is the low where to buy in.
$CUR Great risk/reward here! Loving this oversold setup!$CUR Great risk/reward here! Loving this oversold setup!
SL: 0,2502 TGT 0.6ish nearterm
TSLA reversal gains!After a bad quarter and demand "problems/concerns" the stock is now in a good deal territory, uptrend is right on it's way!. Have been following this story for a while and now I can see a big gains comparable to late 2016. This will be a long term trade right here let's see where it's at by the end of the year, just a couple of reasons why I feel so bullish in this stock.
1. Model 3 is sales are doing great and YOY growth is going up 100%
2. Gigafactory 3 in China going to be finished very soon late summer/early fall
3. Tesla Pickup truck will be unveiled in the Fall with breathtaking stats/performance/features
4. Model Y will be starting production soon.
5. Model s and x refresh and with a possible 400 mile range update.
uc.
LTCBTC long errrrrry day this is an interesting one;
bullish bias for LTC:
---- Fundamentals ----
- Halving
- Charlie Lee lunch and intimate sit down with The Buffenator (Warren Buffett)
---- Technicals ----
- Cup and Handle
- 4th wave retracement completed
- Inverted head and shoulders
alot of TP's along the way so stay vigilant!
I have been long on this for a while but at this point i have increase my leverage and strapped in for what is sure to be (IMO) a wild ride.
DYOR
happy trading Ladies and gentlemen!!