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TOP

EIDX, Broadening Top (bullish) I found this pattern at tickeron website with the following data: STATUS = Confirmed CURRENT CONFIDENCE = 77% TARGET (EXIT) PRICE = 77.06 USD BREAKOUT (ENTRY) PRICE = 75.17 USD DISTANCE TO TARGET PRICE = 2.53% EMERGED ON = Oct 07, 12:00 PM (EDT) CONFIRMED ON = Oct 07, 12:12 PM (EDT) WITH CONFIDENCE LEVEL = 87% Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the upward breakout price/entry point. To identify an exit, compute the target price by adding the pattern height (H on the chart) to the breakout price. The pattern height is the difference between the pattern’s highest high and its lowest low. To limit potential loss when the price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price. The Broadening Top pattern forms when the price of a security progressively makes higher highs (1, 3) and lower lows (2, 4) following two widening trend lines. The price is expected to move up or down past the pattern depending on which line is broken first. What distinguishes a Broadening Top from a Broadening Bottom is that the price of the security is rising prior to entering the pattern formation. This type of formation happens when volatility is high or increasing, and when a security’s price is moving with high volatility but with little or no direction. It can potentially indicate growing investor nervousness and indecisiveness.
ELong
by AlTorress
Twitter Time to Short and Hold Crash Ahead ?Company Details Full Name Twitter, Inc. Country United States Employees 5,200 CEO Jack Dorsey Stock Information Ticker Symbol TWTR Stock Exchange New York Stock Exchange Sector Communication Services Industry Internet Content & Information Unique Identifier NYSE: TWTR IPO Date November 7, 2013 Description Twitter operates as a platform for public self-expression and conversation in real time United States and internationally. The company offers various products and services, including Twitter, a platform that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends, which enable its advertisers to promote their brands, products, and services. In addition, the company offers a set of tools and public application programming interfaces for developers to contribute their content to its platform, syndicate and distribute Twitter content across their properties, and enhance their Websites and applications with Twitter content. Further, it provides subscription access to its public data feed for data partners. Twitter, Inc. was founded in 2006 and is headquartered in San Francisco, California. The IPO opening print also marks the 50% retracement of the downtrend into 2016, highlighting the need for skeptical buyers to come off the sidelines here and lift the stock into the $50s. The uptick has just eased into a trading range that acknowledges resistance, so a positive catalyst may be needed to trigger a breakout. That could be a tall order in the fourth quarter, given the extraordinary challenges. As a result, there isn't much to do except to wait and watch price action in coming weeks. The Bottom Line Twitter stock has returned to seven-year resistance and still give no clear break out above the IPO 50% Retrace Level, Ahead elections Covid-19 $ Crash may lead s&p500 and major stock market to down side, we can expect a twitter crash or Correction to down side soon! Best Regards: RideTheMacro
NYSE:TWTRShort
by Ridethemacro
1
Lower peaks at AUDUSDOn September 1, AUDUSD reached its highest value in 2 years. But then he needed a break. In the middle of the month we saw a lower peak and a lower bottom after that. As you know, this is forming a trend and we expect to see a lower peak again. The moment we expect is now because we already have repulsion from the resistance levels and fixation of the peak. If the trend continues, we should see a break of the previous bottom and reaching the support levels. Today we expect additional moves when publishing NFP! If you like the analyzes we do - like, comment and follow us!
Short
by ForexTrendline
[$DOT] Polkadot aime bien passer à travers les nuages ! Bonsoir à tous, J'espère que vous avez tous passé un bon week-end et que vous etes chargés pour attaquer la semaine ! Ce soir, j'ai trouvé intéressant de vous partager ma vision technique du projet Polkadot ! Créé par le co-fondateur d'Ethereum , le projet a fait parlé de lui en prônant l'Internet 3.0 décentralisé et la possibilité de créer un écosystème scalable et interopérable sur d'autres blockain ! En somme, une grosse équipe qui développe , pour moi , le petit frêre de l'Ethereum et qui pourra l'épauler/concurrence dans sa transformation à ETH 2.0 - sujet à débat :) ! Du stacking à 12% proposé par Kraken, des rewards sur Binance et d'autres plateformes d'échanges , Polkadot est la 5eme crypto du classement Coinmarketcap ! La roadmap est aussi très sympa ! Aller jeter un oeil sur leur site : polkadot.network D'un point de vue technique, la transformation du coin DOT ( jetons OLD vers NEW suite à la réduction de la supply par 1000 ) a complètement joué sur la hype du coin. Un envolée de 150% en seulement 2 semaines ... un double top sous les 6€ et descente dans une canal baissier définissent le mouvement global en un peu plus d'un mois ! 1 MOIS ! C'est rapide ! ... et une chose étonnante ! Ce jeu avec les nuages Ichimoku, à chaque approche ,c'est une percée entière et nette dans le nuage (Kumo). Tant à la hausse qu'à la baisse. Depuis quelques jours, le prix titille ce nuage baissier et peut le traverser pour aller chercher les 50% de fibo de l'ensemble du mouvement. Cela serait un scénario logique si on répète les schémas passés, pour autant, les cryptos est un marché volatile et des forts mouvements peuvent casser une dynamique court-terme... Toujours avoir en tête ce que fait le Bitcoin, même si DOT a été assez résistant depuis le début de Septembre. En H4, il faut que le prix repasse sur la Kijun pour donner un premier signal d'en retournement de tendance, le nuage est proche La Lagging Span sur la Tenkan, à voir si elle la traverse pour aller chercher la Kijun qui n'est pas loin ... Du coup, on peut tracer deux scénarii : - mouvement haussier -> on repasse sur la Kijun + Tenkan -> cassure dans le nuage Ichimoku - on sort du nuage et on vient mécher sur les 50% de fibo - mouvement baissier -> on reste bloqué sous le nuage et on continue le long de la droite de tendance cassée. On attend une confirmation pour se projeter soit sur de l'achat ou de la vente ( si on veut jouer le short) Trade Safe , Stay Safe ! PEACE ! Nico Don Crypto
by NicoDCrypto