RUN
RUN BuyoutIt has just been announced that Sunrun (RUN) will be buying out another competitor solar company, Vivint Solar (VSLR) in a multi-billion dollar deal. RUN has been trading in a rising channel since the mid-March lows, and news of the acquisition may cause an upward breakout of the channel. In addition, the daily volume on RUN has been on a nice incline, and we may see a continuation of that throughout the week.
VSLR Long ideaI like the solar sector here. I own RUN. I think VSLR will breakout higher from this flat top resistance. Volume has been good and price is aligned above the supporting moving averages.
LOG Long Term Trendline SupportWe can see the long term support forming a channel with the overhead support from 20k ATH. We can see how a BIG MOVE IS SETTING UP...ON or before AUGUST 27th 2020.
Brian Brooks is having fun making the new crypto dollar everyone is expecting.
Your dollars are just digits on a screen...unless a blockchain application creates a new transparent world.
Imagine knowing exactly how many dollars there are!
Don't worry... Privacy coins still exist... but YOUR AMERICAN EXPRESS CARD tracks you anyways evertime you swipe...lol
Just wait until AMERICAN EXPRESS releases the BITCOIN REWARDS CARD!
welcome to the roaring 20s...
just need to destroy the swamp first...
enjoy.
VIRUS was TREND ANOMALYI made this chart at the end of 2019, It has played out correctly....SHORT OF A VIRUS HAPPENING...
After the Election in the USA, we are likely to see the world change.
Odd are in the favor of FREEDOM...we'll see...
END OF DECEMBER 2020... BTC LONG TERM TRENDLINE will break ABOVE the JUNE 2019 recent HIGH...
AFTER THAT... WE SHOULD BREAK THROUGH 20K LIKE BREAKING THROUGH PUDDING.
EASY HYPERBOLIC JUMP TO 170K-200K!!!!!
THIS WILL CHANGE THE WORLD FOREVER.
And all the CRYPTO PROJECTS that are SECRETLY BEING CREATED RIGHT NOW...
Will MAGICALLY APPEAR... TO SELL YOU THEIR COINS AT HIGH TICKET PRICES...
Obvious STRATEGY...
Expect BIG CREDIT CARD COMPANIES TO ALL RELEASE THEIR CRYPTO REWARDS CARDS INSTEAD OF TRAVEL CARDS.
Dollars, Mortgages, Interest Rates, Worldwide Commerce, WILL ALL CHANGE.
hopefully we build FREEDOM, and not TYRANNY.
USE CRYPTOS FOR GOOD, not evil.
The Perfect StormSee each of the trends of 6 Green weeks in a row (Circled). Each of these patterns precedes a period of rapid growth, but there are other signs we're in for a take-off.
-We're reaching the end of our symmetrical triangle
-The halving is approaching
-Central Banks around the world are injecting cash in bulk. Causing
inflation, and pushing more and more savvy investors into Crypto.
Can we continue the actual bitcoin run?Hey Altsignals Members, as update for the last swing trade in our BitMex channel and public one, we need to make some quick and small updates.
1/ Price perfectly bounce around our entry zone and 0.5 fibonacci level.
2/ We're above 400% profits if u take an entry below the 8600 level (Signal was sent at 8540)
3/ On the hourly chart we're trying to break a parallel resistance, which is around 8930$. Only after break and create candles above the 8900 level in the hourly chart, we will see a bullish continuation.
So, keep your eyes open for a possible rejection of the current level, which could be the start for a ride into the 7200 & 7500 zone.
ATM we stay bullish taking adventage from our perfect entry.
Currrent Stop loss at TP1 ($8650)
Current support at $8850
Current resistance and possible breakout point in short term, above 8950 and 9050.
ETH $365 Early MarchEthereum to $365 early March if we maintain our current ascending channel (6 weeks strong). Both of the previous bull runs maintained their channel until they reversed to complete their wave.
The first ETH run end of 2017 went from $300 to its ATH of $1400 over the period of 3 months in 3 distinct runs (That’s an average of almost $100 a week!)
The second run started December 2018 and ran from $84 to $365 over the period of 6.5 months in 5 distinct runs
The third run started around 3.Jan.2020 and has currently ran from $125 to $284 over the period of 6 weeks in 2-3 runs.
This current channel is tighter than even the explosive channel that led us to $1400 in 3 months in 2017. This channel if maintained will go high, fast. Here I am seeing the real possibility of $365 in around 3 weeks, early March. Already I called for $750 April.2020 to return to a channel it established starting late 2018. Looking at that channel and our trajectory, we can expect for this aggressive run to start to take on a more reasonable and maintainable trajectory once it is in the channel somewhere between $850 & our ATH. I don’t know for sure it will return to this channel but it seems probable and I always find it amazing how even a year later, a channel can resume at completely different price points, maintaining diagonal support/resistance.
So far there is no reason to believe it will break this channel, however, if it does, we should anticipate the potential to return to the multi-year trend line around $175-$200 depending on timing. In this case, touching the multi-year ascending trend line is a strong buy signal but be aware, a meaningful break below this trend indicates the end of ETH's multi-year bull run and is extremely bearish.
I am bullish, I believe 2020 holds a lot of potential for crypto.
I have long holdings and day trade ETH, this market makes it incredibly easy to profit. If you are new to trading, only trade what you can afford to lose, think of it like you are going to the casino and don’t bring more than that. If you do well, how ever much you bring will be enough. If you don’t do well, be glad you didn’t bring more.
This is not investment advice, I am sharing observations I have made with my own research. You should always DYOR, don’t rely on any one person or signal.
Also as usual, plug for our site, vcdepth.io I use the global orderbooks or an assets global order books to assess when a knife is likely done falling or a rocket is out of gas. I use it for signals of large orders that hit the books, I look for changes in the Market Depth Ratio, many times the books signal before volume and price and also provides another signal to look for divergence from price and volume action.
16.1.2020 - Cardano (ADA / USD)Hi Traders!
Today we chose the Cardano coin (ADA) for analysis. Perhaps you have noticed g rowth on altcoins this week.
It is possible that many altcoins and among them ADA are starting a new cycle . Looking at the daily chart, we can see that early last year ADA began to grow until it reached its peak in the summer. The second half of the year was marked by a decline, which ended with a falling wedge pattern. This pattern is a typical reverse pattern which means it reverses the trend.
On the chart, we can see a clear upward impulse, which is also confirmed by increasing volumes. If our assumption were confirmed and ADA starts a new cycle, it would mean its nearest target of at least $ 0.12 - $ 0.14 , an increase of at least 200% over the current price.
May the crypto be with you!
Major trends collide, BTC break out near, BTC to $21k+?
If you have been following my posts, you know I have been putting focus on the collision of a 6 month descending channel and a strong 5 year ascending trendline. The collision finally occurred mid-December and the two trends have been battling it out ever since. We have seen the 5 year trendline(Dark Red Line) be tested twice already, I offer no certain evidence but strongly suspect that the 5 year trendline will likely be tested at least one more time. I have been using every touch of the 5 year trendline to position high leverage short term long trades (with great success) and continue accumulation of additional long term holdings. The first touch of the 5 year trendline mid-December was the bottom for BTC.
As discussed previously, there is no compelling reason BTC would break down out of its 5 year trend as it has held the trend in the past with BTC and crypto in far less advantageous positions. We are fast nearing a point where BTC must choose between maintaining the then 7 month descending channel or maintaining the 5 year ascending trend line. I suspect this will likely play out as an ascending wedge (between red and yellow lines) and break out 20-30% before the end of the wedge. You can see the wedge likely forming using historical $7800 as resistance (yellow line). If this plays out as a wedge we see the wedge technically ends around 1.March.2020 which makes a break out likely somewhere around end of January, beginning of February.
I believe that BTC is about to break upwards and have another run similar to what we saw the first 6 months of last year. How high this next run goes is pretty critical. The first high BTC saw was $21k, then last June we saw $14k as a high. Anything below $14k for this next run would validate a deterioration in the trend, anything greater than $14k would strongly validate a bull market and of course a run over $21k would be extremely bullish for the long term outlook of BTC. I think there is a good chance we see BTC break $21k this year but most importantly we need to see it break $14k, if we continue our descent, this next run may only make it to $9500. Its looking like 2020 should be a pretty interesting year for BTC.
Note: If we break below the 5 year trendline and convert it to resistance, traders should be very cautious and be ready to bail on all long holdings as a multi-year low may be on the way. (Highly improbable)
This is not investment advice, merely observations I have made as a trader. DYOR.
ETH/USD LONG now been tested by 11major banks in the worldEtherum has now been tested by 11major banks in the world
Ether’s price action seems to have a built a broadening bottom and is awaiting a probable upside breakout. This would be a perfect continuation of the trade we posted earlier.
The current leg to the downside is called a “partial decline” and occurs before the breakout as can be seen from the Banc One Corp chart from 1995. Another perfect similarity is the declining volume inside the pattern. Ideally, if and when an upside breakout occurs, we should see a lot of volume accompanying the move.