AAPL Upwards TrendReasons for upwards trend shown on chart, also other indicators of the trend are, MACD buy signal, and RSI gaining strength.
Long-term-bullish
Primary Bull Trend to ResumeThe bearish secondary, intermediate, trend appears to be coming to an end -- and the primary bullish trend appears ready to resume.
The primary bullish trend that started in 2009 retraced 0.78 and broke out of the upper channel resistance (ORANGE line). These are early signals that the primary bullish trend could possibly be ready to resume its upward move.
(Please feel free to critique, comment, and provide feedback - always welcome)
USDCAD mid to long term view - long?Dollar is already oversold against the Canadian on the MACD but RSI still shows some leeway which corresponds with the possibility of reaching 1.3450 - 1.3430 region in the coming days.
After that I can see a bounce up back above 1.36 and in a later stage 1.40, 1.45 and even 1.50 (depending on how oil moves in the coming month(s)).
So do note, that in the short term we can still see some downward pressure.
The 1.3450 - 1.3430 area would also create the foundations for Fibonacci retracement lines.
The technical view can also nicely fit with the fundamentals given last weeks OPEC frenzy. If those rumors fade into obscurity we could see renewed selling of the CAD.
Ultimate moonsuit wearing bull - chartJust something to come back to in the future and have a cry or laughter.
January - April predictionWe've had a strong bear run, but it's over. Bears will take a breath or two while we retrace some steps and touch base with some moving averages.
New York extends comment period. Long above 528-535 US Dollar---
UPDATE:
Short-term shorting opportunity below 500 US Dollar
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Positive news:
- New York Extends Comment Period for BitLicense Proposal:
www.coindesk.com
- Ben Lawsky: New York Can’t Risk Getting Bitcoin Regulation Wrong
www.coindesk.com
The risk that the price might fall is even below $550 starting to get lower around $525-$535 Below $490 is a large risk that the price might fall down to $440 or lower. I first bought at $457, but got bearish again when the price fell fast from $534 and sold above $510. I just bought back at $510.
One Secret Chart Of Bitcoin BullsThis is a chart for the Bitcoin bulls. I highly doubt that we are staying in this very old price channel. But if we do - there is room left for a new Bitcoin price increase in the last quarter of 2014.
This is my customized version of the very popular chart from emanance (). I changed the upper trend channel line to be aligned with the oldest price peak and I also added a 200 day weighted moving average price indicator to my version of his chart.
Very old historic Bitcoin chart data provided by TradingView user munkeefonix
(www.tradingview.com)
