Intersecting lines at 9450 fibo 9488. can't be sure of 4th touchalready erased the impulse wave but it's really easy to see. left up the corrective as I see it
retrace to 9488/9450 and small bounce before another corrective to 9124 is one way, or 4th touch breakdown immediately of the uptrend line. alternatively bounce from 9488/9450 and send it. I'm of the opinion Monday's halving will either reverse a volatile trend or a long squeeze will fire - in other words a sideways weekend will take off with the market open or in case of bull/bear run the trend will be reversed
Squeezemomentum
USDCHF - Market in tight Consolidation - Breakout MUST followHi Traders!
The market is making lower highs and higher lows.
That's why we see a triangle in the chart.
As you can see there are two trendline:
One is coming from above und one from below.
Now the two trendlines are so close to each other, that the market is squeezed in between.
It follows, that the market has to break in any direction to move further.
We recommend to trade the breakout with a confirmation, so you won't get stuck into a false breakout.
Thanks and good luck :)!
ADXS Long of Lifetime or OMG why did I buy that? Monthly chartMethod:
Bollinger Band/Keltner Channel squeeze happens when upper & lower KC enter into BB. Use RSI and Momentum to help determine price direction. Works great on daily charts when squeeze happens with increasing RSI and Mom (ideally above 0). However, the longer the stock is in the "squeeze", it develops a base in that price zone. Longer base means stronger base.
ADXS price has consolidated to an extreme which caused the BB to form a tight, narrow band. Price seems to have found a bottom and formed a very strong base. RSI and Mom are slowly increasing and volume consistently above normal.
Recent positive news from FDA and funding. FDA news was already priced in so smart money sold making a wonderful profit ( 2 institutions doing reg direct offering? ) Direct offering of 10 million at $1.05 likely provide a short term bottom and subsequent warrants 5 million at $1.25. Important to note that they come due 6 months after direct offering issued which should be 01/23/20.
It would be wise to prepare for this stock to trade in a wild range. I am mentally preparing for a drop to $0.81 because this stock has the makings of a life changing trade. MM's won't make it an easy ride!
This is my personal opinion and not intended as financial advise. Please do your own research and never risk more than you can loose (make sure you can sleep at night).
Best of luck traders
ZIL Bullish potentialZIL price-action has been traveling through a channel since August with a few attempts testing the upper zone of the Green channel highlighted on the chart.
We believe a new attempt to test this channel resistance is on the way.
Squeeze momentum has been stretching on daily Time-frame with a bullish divergence on four hour TF.
The Major red dotted Resistance above the channel are the next targets in case ZIL breaks out of the channel.
BTC Possible Dump7400 high range
6390 low range
Reassess at 6300s.
Stay safe during the holiday trading season, futures are a difficult game.
Shakeouts are always possible.
Arm yourself with mathematics.
If you are unfamiliar with cryptocurrency, please check the date.
It is almost 2020.
Read my article, please, it is linked.
Thank you, goodnight and goodmorning.
LTCBTC ** Binance ** (Buy Zone)Litecoin/Bitcoin (Binance)
Litecoin has been following the down triangle and is now being met with resistance at the 0.007000 - 0.007100 range.
As we can see there is starting to be a swing back to the upside starting.
On the 3hr chart we are looking for the reversal back to the upside.
Looking at the buy & Sell walls on Binance it's estimated that to reach the 0.008 range would be in the zone of 102.7 BTC at time of post.
Seek the reversal on the 3hr chart looking for good entry point's on down spikes litecoin looks close to a strong move to the upside.
Litecoin Rangebound with some Bullish SignsLitecoin is currently trading between 2 support and resistance zones, roughly between 88 and 108. The top of today’s candle touched the 100 EMA but the fast 21 HMA has started to turn up. Also, the fast squeeze indicator has turned green and the slow squeeze has turned dark red, a sign of a potential upward move.
We’ll see if price can break and stay above $100 and get past the 200 EMA.
(Not investment advice)
Bitcoin, Litecoin and VeChain Falling Through SupportBitcoin, Litecoin and VeChain are all breaking through their short term support levels today. Bitcoin looks headed down to the 9,500 level and with the 4 hour Squeeze indicator turning dark green, price looks very bearish.
Litecoin is just about at it's next support level at $87. The squeeze indicator has also turned dark green so some selloff is expected at this point. If support at $87 holds, and price can stabalize, another move up would be expected, probably towards the end of the week.
VeChain has been fairly stable against Bitcoin but week against the dollar. Against the USD (tether) yesterday's shooting star could not get above the 21 EMA and price looks like it's going to drop down to supprt at the .0054 cent range.
Bitcoin Sells off. Will Support Hold?Bitcoin sold off this morning to 10,144, right into a support zone. Price has been unable to break above the EMAs.
If this support area holds, there will be a nice Head and Shoulders pattern, which would put the next move up to the resistance level at just under 12,000. If support does not hold here, then I would be looking for another price drop to the 9,000 to 9,500 level.
(not investment advise)
Is Bitcoin’s 4 week Consolidation Ending this Week?Bitcoin has been consolidating for 4 weeks since the last big run up. Price has found support @ .764 fib, the breakout point of previous resistance. So is this the end of a 4 week consolidation / bull flag period?
This week’s doji still looks much stronger than any other of the top alt coins, with only Litecoin showing any signs of strength. This could be good for those bottom fishing and who are willing to take a chance.
(This is not investment advice)
XRP Signal Goes GreenThe Squeeze indicator is turning green on the 4 hour XRP chart and the 21 period EMA is poised to cross over the 50 period EMA. Price is moving up into a band of resistance, capped by the 100 EMA. Definitely a battle zone ahead between the Bulls and the Bears that could end up forming a bullish cup and handle pattern.
(Not investment advice)
BitCoin DeathCross Signals What?The 4 hour bitcoin chart shows a potential cross of the 50 and 200 EMA. While many are saying this will leading to a big move (could be either bearish or bullish), the facts don't point to such a reality. Scroll to the left and see for yourself. While sometimes it does lead to a big move, at other times it leads to just more consolidation.
For me, the big factors now are
1. Can price close above the converging EMAS?
2. Can price close above the 100 ema and move higher to the top of this current range?
3. The RSI has crossed the 50 line and retested it once. Can the RSI move higher?
4. The Squeeze indicator has been moving up since the consolidation around 9,750 for the last 2 days. Can it continue to move up?
5. The current price action looks to me like a bull flag.
While mostly bullish signs, a failure to break the large red candle 3 candles back will most likely mean that a price drop will come soon. Price should move away from the candle within 5 candles max if it's going to break out to the upside.
Bitcoin BTC is not moving...for now!Well...in smaller time frames, high-low projections are tighter with each candle, so something it will happen...doh...
Last almost half a day it stayed in less than 0.75% range
Bollinger Bands are like a ballerinas hips, are squeezed to the maximum.
Momentum for Stoch RSI is almost crossed to a downtrend
So...what whould be? (my guess is ... red)
CRMD - Technical Indications for Impending BreakoutI'm in at 1.34. Notes given on the chart. Conduct your own due diligence.
NANO possibly breaking downtrend per CF* CF, Chuvashov's Fork.
* Bullish HA candle, looking for confirmation
Interesting SHORTS graph structure. NEW ATH COMING?!Previous highs become support for the SHORTS.. 3 times from now..
Will the ETF decision create a new all time high? It's more likely that the ETF will not be approved and this could mean we will see a new all time high on the shorts graph.
When we get a approval we will see a huge jump in the BTC price and the shorts will probably squeeze towards the bottom of the sea.
Time will tell guys!
SGYP Is Setting Up for A Big Move!SGYP seems to be setting up for a big big move. The Squeeze Momentum Indicator has been forming a triangle which is now about to close and the crosses in the indicator have been black for some time meaning that a release of the squeeze should be about to manifest. My guess is that spike will be to the upside, and it could go as high as 3.60$ (90%+ appreciation), which is the 0.382 retracement level of 17's highs and the 1.618 retracement level of this year's highs.