Swing pick for the week. SHOP is looking great after this mini correction. The bottom dotted line is a trend line, with two targets listed. MACD and STOCH are looking great too.
The pink dotted lines you see represent previous S&R lines that are still valid. Target1: $7000.00 -> Based off of previous S&R line, and a Fib level that converges at the same level, I believe this is the last stop before BTC will turn around. Target2: $7700.00 - $7800.00 -> If BTC continues past Target 1 then I believe it will roughly hit the 200 SMA around...
Watch for the bounce zone. You can short now if you want, but carefull of the turn around zone. It may happen shortly before or after the marked zone. The current market is a little unpredicatable with the DJI dropping late last week, and now BTC popping nicely this morning.
Daily looking strong with a long term channel breakout. Long term target, with potential for other small trades between.
Easy trade but becareful as the market close is approaching.
MACD reversal with upward momentum carrying it to the top of the channel
Nice confirmed channel with the MACD crossing over. Short and sell at the bounce.
on the 4hr, the RSI, Stoch RSI, and MACD are all bottomed out. The yellow line at the bottom is the confirmation of a uptrend, and your buy in signal. The three purple lines are your targets for sell zones. (you decide how much to sell off at these levels). If we are still in an uptrend at the top purple line, you can hold till green line at top. Signal levels...
Little early to tell with the recent FUD going on from the news but this is a possible scenario that could play out. Keep an eye on this! Good Luck!
As long as we can bounce at the circle and keep the channel were on track for a good trade soon! *Not investment advice, education only* Good Luck :)
The MACD is showing that the down is over and should bounce off the 200 SMA. The channel should continue upwards to at least the .618, if not the .786 fib. (4hr chart) *This is not investment advice, only education* Good Luck ;)
You can see two trend channels. The light blue circles (old channel) and the pink circles (new channel). As you can see we are testing the new channel. It might just be a fakeout but could continue its path and test the .236 fib. My guess is if its not a fakeout itll bounce off the 200day SMA (green line) before that happens. *Not trading advice, just...
Based off my TA ive made short-long term target zones (ranges) that could be met. Im just starting to working on my short term TA analysis so please take this post as potential targets and do your own research before making trades on this coin. Fingers crossed! & Good Luck! (1-day candles)
Starting with the dotted blue trend line. This is currently our resistance line but is forming up to bounce above it, making it our new support line. The reason why I think this will hold, is the cross of the trend line meeting the 20 and 50 day SMA lines (blue circle). On top of this it is currently in a H&S. If we can bounce here, the .382 fib @ 11.3k will be...
Not much to say just look at the chart. Good Luck
Not much to say here, just look at the chart. Come up with your own idea and compare it to mine. Might be a little early to call this but well see ;P Good Luck
Not much to say here, just look at the chart. This is not financial advice, please only take this chart as confirmation of you own idea or do your own research (DYOR) That being said, Good Luck ;)
Based off my TA ive made short-long term target zones (ranges) that could be met. Im just starting to working on my short term TA analysis so please take this post as potential targets and do your own research before making trades on this coin. Fingers crossed! & Good Luck! (1-day candles, time frames may not be accurate)