GPBUSD Going To ReacH 1.34456 Per My Fibb Analysis Now Gbp Usd In Uptrend Upto 1.34456 After It Will Reject And Then I Will Reach 1.25993
Uprend
DVN uptrend - What to expectI took some time this morning to go over the chart for Devon Energy. It looks like there is a lot of room for potential. 35 Analysts say 86% BUY. Trend continuity is in perptual uptrend. There's a steady diagonal line there. Earnings report coming up in July. There are some good short squeeze positions at the pinnacle of those bounces as well however if you buy now and hold until the end of the year there is a good potential for gains at just under 50%.
BTCUSD Possible uptrend continueIf the horizontal support break, the upmove will continue until the blue resistance.
QuantStamp Ready To MoonQuantstamp has found a very strong support at $0.08. The support is confirmed by two Fibonacci retracement levels. First is 38.2% Fibs applied to the uptrend trendline breakout point. Second is 127.2% Fibs applied to the corrective wave up after the trendline breakout.
Clearly the support has been rejected and price produced a double bottom on the lower time frame. This could suggest the reversal of the trend and should potentially send QSP/USD to the new all-time highs.
There are two major resistance levels that should be watched while the Quantstamp is climbing up. First is $1, that is 127.2% Fibs and also a strong psychological resistance. Second is $1.25, that is 161.8% Fibs. Break above the $1.25 resistance could result in yet another wave up, while rejection could start the correction down.
On a downside, weekly break and close below the $0.08 support should extend the consolidation, but it is unlikely that the price will go much lower.
