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LUMN Technical Analysis 🧙With 450,000 route miles of fiber, including over 35,000 route miles of subsea fiber connecting Europe, Asia, and Latin America, Lumen Technologies is one of the United States’ largest telecommunications carriers serving global enterprises. The merger further shifted the company’s operations toward businesses (now 75% of revenue) and away from its legacy consumer business. Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and Internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has nearly 5 million broadband customers. If you understand the idea,🎯 press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
NYSE:LUMNLong
by yura_trades
5
BTCUSD:Bears hesitant, bulls shine! Detailed Technical AnalysisHello traders! Recently, BTCUSD experienced a steep crash. But we all know that nothing lasts forever. Today I will explain with technical analysis the status of Bitcoin, the biggest cryptocurrency in the world. Bitcoin has been a little silent lately, but it is time that will change. Here are the points we need to know: 1. The lower band of the Moving Average Channel broken for the first time in 4 days The MA Channel's lower band, or the 100-period average of lows, has been broken by the bulls in 4 days, or nearly 100 1-hour bars. This bullish factor gives us clues of an impending bull run. If the 100-period average of highs(green in chart) is broken, then we have more confidence of the bull run taking place. Price and time will tell. 2. Symmetric Triangle Breakout The tiny symmetric triangle in the chart has been broken to the upside, with relatively strong volume. Twice the volume the bar before indicates that this triangle is valid, and will strengthen our chances of a bull run. 3. Fibonacci Retracement levels to watch The 0.382 Fib level or $32.2k served as the trampoline for the price today to climb to 33k in a few hours. We may expect the price to pullback for a while to this 0.382 Fib, then we may fly. The next resistance is the 33.3k level. We may not expect a large presence of bears in the area, because of another major resistance(number 4). 4. $34k resistance level hardest barrier for the bull run The 34k resistance(lime horizontal line in chart) has served as support and resistance all the way to the first days of 2021. We may see a large number of bears in the area. If the bulls win the battle, we may see a strong bull run all the way to 36k. 5. Retest of 30k may not take place because of the breakout of the symmetric triangle There are already many supports above the 30k support. There is a 0.382 Fib line and a symmetric triangle for immediate support. 6. Huge purple trendline highest target The huge purple trendline above may be touched in about 30-50 hours. Because this trendline holds 2 tops which made a panic dump, this trendline will be almost impossible to break, unless we have a big number of bulls there, which may be unlikely. 7. Looking at the bigger picture, we are in a consolidation area Zooming out of the chart, we will notice a big consolidation. We would have to wait for a breakout to see which direction we are going. Now, let us have a look at Bitcoin. Bullish, Bearish, or Sideways? Daily- Sideways, we are in a consolidation Weekly- Little Bullish 4 Hour- Slightly Bullish 1 Hour- Up Trend with a not-so-impressive look, but still good enough Monthly- Slightly Bullish Conclusion: I would like to say that BTCUSD is a good buy. You most likely heard the saying "buy the dip". The dip has ended, according to Technical Analysis. Bitcoin would be good crypto to buy in the short-term. Good luck! Thank you for reading! Please like and subscribe for more detailed Technical Analysis. What do you think? Put in the comments below! P.S what pair do you want analyzed? The pair with the most likes in the comments below will get a detailed technical analysis.
BITSTAMP:BTCUSD
by Trader_ph
8
If we break current levels, 33.5~34KBitcoin broke the previous trendline that formed the small triangle in the previous posting. We’re currently sitting at 35K which is a round number, and movements in price is slow overall. We are likely headed to 33.5K~34K. - 4H 120 SMA (20 day SMA) coincides with the trendline formed way back before ATH. We may bounce off, since it is a strong resistance point. The price actions following the bounce off may be an indicator of the following movements.
COINBASE:BTCUSDShort
by Caprison
XLM - Neutral/Bullish - possible long or dip?XLM is currently at a key level. If we can hold this level we are at least good for the time being in my opinion. I am currently neutral as I think there could be an apportunity for a long or a short here. After last ATH bulls found fairly strong resistance at .382 fib and equally strong support at .5 fib and we are currently hovering above the previous resistance, if this can hold as support (which over the past 2 days has done) then I think we are good to retest the $0.40 but may find some resistance along the way around $0.30 - $0.35 (.236 fib) If we can hold then its onwards and upwards IMO. However, we went for a brief try at the .5 fib but bounced back almost up to .236 within a day so if the current level breaks downwards then I would expect the next support at around $0.18 ....... I think there may even be some sideways movement so for now I am monitoring this. Rememeber, always DYOR and I am not a financial advisor and this is not financial advice. I am just a normal guy documenting my way through the Cryptosphere and learning along the way.
by UnknownUnicorn11468213
Bitcoin Correction Price targets! Live stream this afternoonWe hit our 41,937 price target from December almost on the damn nose! Clear bearish divergence at the 40,700 rejection yesterday. I tried to take a couple small positions as we came down but the momentum just kept going. We had a lot of support at 32,300 but have found ourselves bouncing off the 30k handle. I do not fully trust this is the bottom, but i dont think its the range we will start finding support in either. I think we MAY see a flash move down to lower areas where buy orders will be hit, resulting in a swift momentum to the upside. I dont really have a time frame but ive set up orders for when it happens We are printing hidden bullish divergence on the MACD hourly chart, but im not sure if the momentum is strong enough to pull us back up higher than 33178 short term That would be an area id watch for a reversal back to the downside. If we break the heartline support trend, and 30k support we could fill a futures gap as low as 25-26 I dont believe we will stay in that range but if you have cash on the side and want to do some averaging, id consider setting up a limit order for some lower levels If we continue to the upside from here, i will be a buyer above 34500 if we get solid confirmation of support but im focused mainly on trying to land a nice lower position 29500 28500 27500 and a big one in at 26500
COINBASE:BTCUSDShort
by TradingNomadic
4
Bitcoin Forming a Double Bottom (W Formation) Before New Highs!!Bitcoin looks to be setting a bigger W formation which is also known as a Double Bottom. We have created a higher low which we will need to stay above the $38,652 price point for this to fully play out. If you were to enter this trade the previous low "$38,652" would usually be the stop loss. If the double bottom plays out, typically it will not break the previous low so catching this would be the perfect price entry. This pattern is very well known with Bitcoin as it has done this many many times before setting newer highs. As you can see in the photo above, these are more examples of a double bottom (W formation) which we see numerous amount of times with Bitcoin. This is a great way to catch bottoms by either catching a long or even just buying the dips. Great pattern to always keep an eye out for as it plays out perfectly most of the time especially in consolidation phases or after correction!
BITMEX:BTCUSD.PLong
by aberajab
WILL FOMO BREAK A BEARISH DIVERGENCE ?! - RISKY TAWith the Weekly RSI sitting at 90 - BTC just broke up from a rising wedge at $24,600 against a bearish divergence. In doing so, it only strengthened the Daily and 4H bearish signal. How high is high enough ?! $25,900 may be the peak of this move. If you believe 2021 is going to be a bullish year for BTC, a pull back here to secure a major bullish divergence is the best thing that can happen to BTC. Continuing upwards in a parabolic fashion isn't healthy for the long term perspective. Of the past 12 Weekly candles, 10 have been Green with only 2 very minor Red candles. The Weekly closes in 1 day, 8 hours. How statistically likely is the next weekly candle to be Red if the Weekly RSI has traded above 70 for the past 63 days and is currently peaking ?
COINBASE:BTCUSDShort
by uncleFA7HER
2
Another vaccine?Hello my friends, It's been a while since I last posted. I have been monitoring the markets and making sure I can find a good deal before I share it with you all. So I have been following $JNJ for some time now. $JNJ is currently in their trail 3 of their vaccine efforts and should be concluding sometime this month. You probably think the hype for vaccine is over due to $PFE and $MRNA already taking the spotlight, but I don't believe that is so. $JNJ will be the first vaccine that only requires 1 shot and no follow up. This is a huge difference in many aspects, logistically and personally. Logistically, you ship 50% less product to the same consumer base as the previously mentioned companies. Also consider the vas number of people seeking the vaccine every year. JNJ has a yearly goal of distributing 1 billion vaccines worldwide, every year. Personally, people are already hesitant when it comes to the vaccine. Those who are hesitant are put off by a 2 shot system, it's just not a viable long-term solution. A 1 shot system is what will stick around for years to come. Also, JNJ is a trusted name worldwide so I believe it will be the primary choice for yearly vaccinations. On December 1st we had a random spike in price, I believe their is talk about the vaccine and it must be good news, of course this is just speculation. TA: All red lines are points of resistance. When/if the price closes above it, it should leap in price. First Resistance at 148.72; we are currently struggling with this price for the past few days, if we can close above this, price is free to run up to around 150.00 Other red resistance lines are created from previous highs in price range, with 156.94 being the previous ATH Orange tread lines: This is the channel we have been bouncing around in for the past few months. I believe vaccine news will allow us to break through this range Fibonacci retracement is in gray/white. This was built off the dip created in March after COVID. It seems to hold true TL;DR: BULLISH FOR 3-6 MONTHS. If vaccine news is positive, JNJ will run up dramatically in price. JNJ is known known for gapping up on good news. Positions: Safe bet: Shares, hold until next EPS Moderate risk bet: Outdated calls for next year around March High risk bet: End of the month calls, banking on vaccine reveal
NYSE:JNJLong
by The_Golden_Well
TREND EXPERIMENT: IS KPOWER A SUPER PERFORMANCE STOCK?Well, this is the very 1st time I'm posting here (also acting as my own practical notes). *Premium account tu sebab aku tersalah beli, cost me few millions, sekian. (No way a pro in this field, just yet!) Simple revision based on: 1) William J O'niel's How To Make Money In Stocks. 2) Mark Minervini's Trade Like A Stock Market Wizard. 3) Simply Wall St website: Do Subscribe although a bit expensive. This would give you a diagramatic presentations which is super simple to understand. 4) MalaysiaStock.Biz Why do I choose this particular counter? I have made 18% and pulled out too early knowing that if I still keep it till today, I could have easily made almost 50% gain in capital and made few billions like Bezzos within 30 days. Lesson learnt, be fear not if the company adheres strongly to the FA + TA + CA = "Trend is your friend" says the great investor Marty Zweig. FA: Fundamentals (CAN SLIM) C- Current QR reports have been showing super profitability for past 4Q. Yesterday's announcement 30/11/2020 of QR could be a huge catalyst. A- Annual Report shows outstanding profits YoY N- Previous business based on retail goods, which later ventured into Constructions and Clean Energy (now on huge trend globally) + New big boss appointed on last November 2019 + New Q121 profit + YoY profit 759% + secured multiple projects globally for past 1 year mainly on energy plants + Ex dividend date 8/12/2020 & Pay date on 23/12/2020. S- Supply Demands +++ L- Leader in its sectors? OTW I- Tokyo Marines, Allianz, AIA, NORGES BANK, UOB-OSK, Affin Hwang, Barklays Bank, Maybank Investment. LET EM' SHARKS IN! M- Market? Uptrend and following current global needs for green energy. TA; Finding a possible super performance stock criteria based on his "Trend Template". I find this company chart fits most of it. 1) Phase: In Stage 2/ Uptrend/ Accumulation Phase 2) Current stock price trading above MA50,150,200. GREAT! 3) Current stock price at least 30% above its 52WL (could be more before emerging as consolidation period) 4) Current stock price is at least within 25% of it's 52WH; in this case (on 12/1/2020) it's nearing peak! 5) 150MA >200MA 6) 200MA in uptrend for past 4-5 months (minimum 1 month) 7) Relative Strength is no less than 70, preferably 80s or 90s TRADING PLAN: 2 WEEKS SWING All seems good for this counter? cashed in on 30/11/2020 at EP: 4.830 x ????units COST: RM ?????.00 SL10%/ 4.35 / -RM??? TP8%/ 5.2 / +RM??? TP10%/ 5.3 / +RM???? TP15%/ 5.55 / +RM????? OR Follow trend for 2 weeks and take profit. EXTRAS: VALUATION (based on Simply Wall St) Fair value of the stock price is at RM10.22 compared to current price RM4.84.
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by TH_K