Technical analysis, VSA, Bitcoin on the daily chart, Richard Wyckoff's distribution chart, phase D nearing completion, followed by downtrend.
Here, I am using trend analysis to highlight market psychology, it's corrective actions, and why I believe this week is substantial. Ideally, after an abrupt market crash, the market would rebound to the same prices as before instantly or so. The Market Effifciency Hypothesis is not idealistic, though, and it takes into account the friction that it would take...
Technology and the Nasdaq have gone through a rough spot lately because of inflation. That may be creating an opportunity in social-media giant Facebook. FB is one of the few major Nasdaq stocks to hit new highs recently. Now it’s pulled back and retraced nearly six weeks of gains. The main chart feature is the “nice round number” of $300. In addition to its...
Looking at the spikes and their effect, ANKR appears set up for 0.15 by June 5, for 0.09 by June 17, and 0.02 by July 31. What can turn this around? Persuade me. And then revisit this post on those dates.
* Steady increase of Hodlers suggest a strong move upward to 20 ~ 25$ (200% ~ 300%) * Bounce from strong support is confirmed, and there is no major resistance until 11 (37%) * Support and/or Resistance get weaker each time retested; How ever LIT managed to increase OBV nicely at low prices meaning the Resistance is getting weaker and weaker
#crypto???
IMHO beware of ANKR. This coin goes one step up and two steps back until you realize when you should have got out. Clearly the trading here has nothing to do with the fundamental value of the property. Spikes way, way up and then steps back down, back down, back down, looking ALMOST GOOD.
Perhaps good things come to those who wait, perhaps not.
If a big green spike signals a downtrend, perhaps a big red spike has signaled a reversal into the uptrend ANKR hodlers have awaited for so long (no pun intended).
I have not been sleeping, rather hanging out on the 1-minute chart for several hours.
I am wary of any new highs, having suffered long in support of ANKR. ANKR is a room for short traders, bot makers, and profit takers. Do you seek love and peace and the end of all wars? Then, use your profits wisely.
In addition to the Fibonnacci assessment in the first chart (linked) which shows that we are on a very important resistance level, this chart deals with volume and momentum. Let's break down what's important: Comparative volume profiles of the main trends since 2018. The major trend since March 2020 is broken into 2, separated by the market fall in July last...
If the DE30 hits the low, you can take a potential long. Take TP and SL by Yourself
This is solely based on my fundamental analysis. I think it is very well possible in the short term for a dip sub 18$ or even further (especially due to the current high growth selloff) to occur but over the next months, the strong fundamental track record and relatively cheap valuation compared to peers (+ higher growth rates) should catch up. Any dip under 15$...
BINANCEUS:DOGEUSDT Stop loss for doge move . . . . @ 0.49 USDT
EXCELLENT OVERPERFORMANCE bY da Cash version of #BTC as foretold by balla ji