BMYWin

BMYWin

We are wrong, that we guessed maybe it will forming a smile curve bottom after an 'XABCD' development, while we guessed maybe the worst price was around 147 last week. But We see buyers and miners drop their long position, and dumping the price down to a low price at 119.52 this week. (Buyers are killing buyers) Now, we are only doing day-trade(hit and run), no...

BMYWin

Current week Major CryptoCurrencies dropped price by rumor. . Price drop but transaction volume increased. . Major CryptoCurrencies price now are lower than production cost(Power consumption cost + Rental cost + Depreciation cost). (Buyer cost is lower than miner cost) . It looks like an XABCD bottom formation. Possible Target D1: it is around USD171 to USD174...

BMYWin

Here are some figure that we observed: 2018/05/06 high 838.00 2018/09/01 high 302.70 118 days 2018/09/22 high 255.00 21 days 2018/10/15 high 242.62 23 days 2018/11/07 high 225.12 23 days 2018/05/28 low 492.50 2018/06/29 low 404.99 32 days 2018/08/14 low 249.93 46 days 2018/09/12 low 167.32 29 days 2018/10/11 low 188.35 29 days Ethereum...

BMYWin

1. Divergence 1: Price drop, but volume increase Maybe Buyer is trying to hit price lower to buy. 2. Divergence 2: Bottom lower then previous bottom, but indicator bottom higher than previous low 3. Maybe 180-190 provide a long term support Be caution that the bull might try to drop price again. Prefer to hold Long Position.

BMYWin

Brent Crude Oil price a healthy drop as we expected on 10th, Feb, 2017. This shall be a correction of the bullish. The daily chart indicating it will have a test of 200 MA. Let's observe if it could be hold or not. We plan to enter our long position. Bearish signal: -10 day MA line cross down with 20 MA and 50 MA. -Trading volume decrease (Daily, Weekly, and...

BMYWin

We take some profit of out long position recently. Recent price pattern development is a RANGE Trading. Trading volume decrease from daily observation, but weekly is still increase. It is indicating the major funds holding their position from short to long position. A position view for crude oil development from long term view. But be caution of short term price...

BMYWin

Generally Idea: During a political event period shall be free hand, and now the New America President has elected out. We think bullish correction target reach, and we go long between 200 MA to 300 MA. We are keep watching the price with the previous low: 41.49 at 2016/08/02. If it could not hold, then we will stop out our long position.

BMYWin

Last week we guess it might have a correction when facing the pressure of previous high 52.83 on 2016/06/09. But price went higher than this price on Double Ten days (2016/10/10) to a high of 53.71. We was turning our correction view to a active bullish view that price might challenge one year ago's high at 54.03 on 2015/10/09 to 54.29 on 2015/08/31. But it did...

BMYWin

2016/09/28 OPEC agreed modest oil output cuts in the first such deal since 2008, then price modest climbing up to the price of 52.82 which it is almost equal to previous high: 52.83 on 2016/06/09. This climbing up lasting around 7 days. If this is a new up wave from the low of 45.07 on 2016/09/20, to the high of 52.82 on 2016/10/07, then a correction might be...

BMYWin

General speaking we view price up and volume increase, and price down volume drop is normal. What observe that price drop but volume increased is another story. Is it a PDTB? Maybe Yes. Last week we expect the price might drop back to 47.31. Therefore, when price drop down lower than 47.31, we watch the price will go lower to around 45.30. Price test 2 time around...

BMYWin

After 3 weeks going up from 41.59 to 51.19, last week it take a rest pull back. Pull back but still keeping above 10 days MA. Daily: Friday close > 10MAD > 5MAD > MAD 50 > MAD20 > MAD 300 > MAD200. A short term moderate bullish signal. Weekly: Close > MA3> MA20> MA10 > MA5 > MA50. Medium term bullish. Transaction volume remain equal to 20 days average, but lower...

BMYWin

First bullish wave starting from 2016/01/20 to 2016/06/09 from 27.08 to 52.83 per bbl. Then a correction from 2016/06/09 to 2016/08/02 from 52.83 to 41.49. Correction time is just 0.382 days of the first bullish wave. Current price development is looking like another bullish wave starting. Targeting of this wave is as following: First stage TP: 50.93 to 51.94....

BMYWin

50% : It is just hit 50% of the rebound, if we measure the low of 2016/02/11 (29.89) to the high of 2016/06/09 (52.83). The low price 41.49 on 2016/08/02 is just 50% rebound of the up trend. 25% : Closed on Friday 44.37 is just 75% from the high price 52.83 on 2016/06/09 to the low price 41.49 on 2016/08/02. Is 41.49 the bottom of this downtrend? Not sure yet,...

BMYWin

A fast correction toward our target price 42.50-43.00 area last week, daily and hourly lower low. Only Friday appear a weak buy signal. Price dropped for 6 days. Transaction volume is very small. Let see if 200 MA can get support or not. One interested phenomenon : Spot market price drop price speed lower than future market price. Their spread now enlarge to near...

BMYWin

A small range trading last week, the low side 45.15 lower than 45.50 what we expected last week. But weekly closed was in our predicted range. After 2016/06/09 created a 10 months high price-from 2015/10/13 to 2016/07/22 at 52.83 per bbl (The highest price of 2016), for one and half month, the current Brent Crude Price is forming a triangle correction. Current...

BMYWin

Bull and Bear take a rest here. Box moving (or Triangle development) Bear knock 300 MA(Low) for 5 times, the price still standing above 300 MA(Low). Friday closed above 10 day MA, but 5 days MA still lower than 10 Day MA. 20 MA cross lower than 50 MA. All of above message are indicating it is still in a correction status. Transaction volume coming back a little...

BMYWin

Concerning the transaction volume was too small losing momentum, we expected a triangle development or a box range trading last week, and it was a box movement last week between 46.12 to 50.72. Transaction somewhat coming back to normal. For the past three days the transaction volume is greater than MAV5 > MAV10. But transaction volume is still less than 20 day...

BMYWin

This week price hit our estimated 1st correction target and get support from previous low ( 46.97 Low of 2016/06/16), weekly closed the high side, indicate next week will test previous high 51.07 (2016/06/22). Monthly chart show a red cross, the 5 month price going up. Next week might test high side. If the test can break previous high, it forms a small W bottom,...