The S&P 500 has experienced an incredible run ever since its low in 2009, surging from $652 to a top of $2869. That is an incredible rate of return totalling +340%. Or an annual rate of return just under 18% - and that still leaves out the return gained through dividends. I want to provide some word of caution in this post, looking at the graph and looking at long...
The chart says it all and is quite comparable to my previous posts on Cardano and ICX (and XVG for that matter). See what happened with XVG here: We have a strong support line and we seem to be heading into a nice triangle break-out. This would likely push us through to 105181 sat. That’s only the first level. The other fibonacci’s highlight the next...
Ontology has been really going for it, jumping from one bullish pennant to the next one. Today we are experiencing pennant number 4, accompanied by a golden cross in the MACD (A) and upward momentum in the RSI (B), so this one is likely to precede a strong next bull run. Talking targets, the previous 61,8% Fibonacci level is first up at 6650 sat. After that, I...
Gold is bouncing around near an in the meantime historic resistance level (highlighted as the 61,8% Fibonacci retracement level in yellow). If we look back at the second half of 2013 (see below), we see how it tries to break through but lacks the required juice to go for the 50% level. Somewhere beginning 2014, we see a second failed attempt. The yellow-ish...
Introduction: I already discussed Vechain Thor’s price movements at length in the previous articles: - The TRUE buy & sell moments for Vechain (+ the next BUY moment!) , and in its sequel: - The TRUE buy & sell moments for Vechain (+ the next BUY moment! Ctn’d) Here is a very quick recap: In 1 (see MACD Region of the graph), we had a bullish triangle...
Verge has been on a rampage the last couple of days, exploding in price with strong momentum. The strongest catalyst being the knowledge of a pending announcement of a very big partnership (announcement planned for April 17th). It is supposed to be an exclusive partnership with a lot of impact. Hence, we have ourselves an anticipatory price movement. First of...
Verge has been on a rampage the last couple of days, exploding in price with strong momentum. The strongest catalyst being the knowledge of a pending announcement of a very big partnership (announcement planned for April 17th). It is supposed to be an exclusive partnership with a lot of impact. Hence, we have ourselves an anticipatory price movement. Now, first...
Verge has been on a rampage the last couple of days, exploding in price with strong momentum. The strongest catalyst being the knowledge of a pending announcement of a very big partnership (announcement planned for April 17th). It is supposed to be an exclusive partnership with a lot of impact. Hence, we have ourselves an anticipatory price movement. Now, first...
I previously posted about the downtrend of Cardano and how & when it would end. The downtrend remained intact (& we know we shouldn’t fight the trend, but wait until there’s a confirmed reversal). Here’s the graph back then: The graph now shows how that downtrend has continued to persist, yet given the likely soon upward curving of the MACD (as you can see...
Quick post on Link upon request! - Have a look at this crazy graph of LINK versus the Dollar. Nice curve up. Bloody curve down! Seems like we just hit the 78,6% Fibonacci retracement and we have another strong support beneath that as well. And as is quite obvious, the curve is about to end where we are now... So yes, LINK is flirting like hell with both the end...
Hi guys. We MIGHT be in for a first small trend reversal as we are having a Heikin Ashi doji candle, highlighted by the white arrow. As in one of the updates of my previous post, I mentioned that the yellow horizontal (top & resistance of June & September) acts as a support for Ethereum. Fair, we actually kind of broke it, but seems like we are keeping...
Exciting times turning into even more exciting times. Those who were already sitting on the edge of their seats are now about to really fall off. That chair is volatile-ishly vibrating beneath all of our bottoms on what seems to be a hint of an imminent earthquake knocking on crypto’s door. Those who are still sitting on that chair are asking themselves whether...
In tandem with the overall crypto market, Modum has been crushed as well – losing over 70% of its value. On March 20, we broke out of the downward trend channel that started at the top beginning of January. That was a nice buying moment – albeit I didn’t write about it (can’t be writing all the time can we :-) ) Nevertheless, the new upward trend channel provides...
Ethereum has had a bloody couple of months behind it - All time high back to the ground. It crushed major support areas in 1 and 2. Now it is approaching bottom 3. This time might be different. We have a very strong golden cross in the MACD, and an RSI that dipped at 17 and now around 23. That's clearly in the oversold zone. These two indicators by themselves,...
In this post I'm taking a completely different approach as usual - looking for the hidden gems or ... recent "ICO" coins that have been dumped in the bear market yet have immense growth potential, and due to the bear market - even more "mooning" potential ! ------- This post is about AELF ("ELF") - a crypto (also labeled at times as the " Polkadot of China ")...
As I posted previously , I noticed a rising wedge (bearish) in NEO’s price pattern (also see “1”). Previous post graph: In the meanwhile, that pattern has held true, first resulting in a sideways trading range (see the rectangle in “2”). Support (“3”) was broken in early March, prolonging the downtrend started in February. We are still in that downward trend...
On @Alexander_AG 's request, quick post about RLCBTC: --> Classic triangle formation. Up or out. Bulls are in favour here. We are in a downward trend channel, close to be broken. --> Bullish cross in the MACD --> You can see what happened at previous bullish crosses (very positive signals) and at death crosses. --> Bullish "SMI" typically a little bit...
In my previous post on Vechain , I highlighted the TRUE buy and sell moments for Vechain Thor: I showed that MACD, "SMI" and Fibonacci speed resistance fans could help in identifying these moments, as is evident in the previous cases where you see the first green vertical, and the first red vertical. I then drew a 2nd green vertical as the likely turning...