Even though riding the BTC waves, SIA respecting lines nicely like the top reversal perfect with resistance trend formed by previous two tops, making the supports formed more reliable, even in the face of BTC movements. Expect support at first purple and first red horizontal, next tried and tested supports would be the lower purple. Even if BTC drops to its 9-10k...
Here I think we'll see some push on DASH, as we get closer to Coinbase's announcement tomorrow to list some other additional altcoins. Following DASH's patterns, we find some support lines which may show us some movements. What do you think about DASH and it's short term future?
This will be the second bounce which was previous support/ consolidation. My first publish chart. Tons to learn but there are a lot of great teachers on twitter. Follow me @realpaulcaine
NFLX is about to make a pretty important decision to either hold up this support trend or break it. I'm betting on the support line keeping it up because of the upcoming winter which is Netflix's best holiday, but we will see. Would like other peoples opinions! Thanks and Happy Trading!
Same chart zoomed in. Please scroll around and explore. I'm very interested to hear opinions on this.
Same chart, but with an added origin point in green. Notice how well these radiating trend lines meet the graph. What's going on here?
Can anyone explain what underlying technical analysis principals define a pattern like this? Please explore this chart from present to past and let me know what you think. The origin point for this "radial scaffolding" is at $7,510.00 (2017-11-14 17:00:00). If you draw a trend line from that point through the chart history, you'll often find many matching points...
BTC's 3848 two-week consolidations on target. Actually a tiny bit bullish, just a little. Short and sweet, take it with a grain of salt. ~Ji This is not advice. I don't need to be right or wrong. I don't care if the market goes up or down. Make your Own analysis and trade off of that. If you have positive, constructive criticism and wish to share Please do....
Brent Crude performed a massive increase in the past couple of days. The previous analysis is still valid, long positions are favorable as long as the price does not break the upward trend. The chart was updated with the different Murray Math price levels, which fits very well the price movements. I think that Brent Crude will rise further since the refineries...
strong move above 200MA and 75 day high focusing on simplicity EOD price and price action
Trend Lines seem to be supporting the price very well right now so could be a good buy! Be careful though as some people believe that oil is just hyped up right now.
I like to share with you these important trend lines (EURJPY Weekly chart) if you have any question or you would like to add any thing, please write it in comments box. Have a nice trades.
There are few commodities that move as beautifully as silver. Hoping for a new bounce and looking to short. Look for bearish candlestick formations where the trend lines meet the important fibonacci levels.
could be a new downtrend forming, wait out for confirmation
Sitting beneath a strong resistance line, going to wait for a confirmation of a reversal then enter a short to just above the 0.5 level at 1.32838, it may continue past that but will lock profit at that level and ride it further down.