All decisions made on this trade are on the chart. This was a personal trade, and is simply equivalent to a trader's diary entry.
Algorand (ALGO) is in a technical downtrend, which appears to be weakening (see MACD and thinning negative Ichimoku cloud). For a conservative trade, waiting for the MAs to cross would support a trend reversal. Personal trade made at @0.85111. Please follow BradtNom, leave a comment or link to your own ideas! Charts are for information purposes only. Not trade...
This is an update of the Palantir stock chart posted on Apr 10, 2021. PLTR has made a first higher high (4H) and MACD is positive. Ichimoku is narrowing, which is a good sign that the price is reversing from its downtrend. For a more conservative viewpoint, waiting for the MA's to cross on the daily would be confirmation of a sustained up trend. Break of the lower...
Monero (XMR) is the top privacy-centric cryptocurrency based on the CryptoNote protocol, a secure, private and untraceable currency system. Monero uses a special kind of cryptography to ensure that all of its transactions are remain 100% unlinkable and untraceable. In an increasingly transparent world, you can see why something like Monero can become so desirable....
Crypto.com is a all-in-one cryptocurrency platform for consumers offering services such as exchange, wallet, brokerage, debit cards, borrow/lend, payments, and DeFi. CRO is the exchange token. Currently long, in waiting mode for break up (more likely scenario) if it breaks through resistance (red box) and previous high. Possible targets/near-term resistance...
Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011. In technical details, Litecoin is nearly identical to Bitcoin.
Share price of Porsche is now at a high not seen since early April 2015, and has done this in just three months, with the outbreak to the upside starting in mid-January 2021. See earlier chart of March 13, 2021. The question is now whether it will simply continue the rally, or return below the resistance turned support, to touch the upside resistance line of the...
Porsche AG, is a German automobile manufacturer specializing in high-performance sports cars, SUVs and sedans. The Porsche chart is ultra-bullish, the share price being in breakout mode since mid-Feb 2021 from 62.12. The RSI is in overbought territory, the green Heikin-Ashi candles are getting smaller. This latter condition indicates that the breakout is loosing...
This is an update of the charted idea posted on March 13, 2021. The bullish crossover of the 50MA coming up above the 200MA has now happened. The price remains above the green Ichimoku cloud (positive). The Heikin Achi candlestick are small with long wicks on either side, indicating some indecision regarding direction. This could still go on for a while. In the...
Qtum is a proof-of-stake (PoS) smart contract open-source blockchain platform and value transfer protocol. It aims to bring together the strengths of Bitcoin and Ethereum in one chain. QTUM, at the time of writing is still around 84% off it's all time high of January 2018. It's had a couple of nice breakouts, and hasn't revisited the the lows of 2020. The chart...
Polkamarkets is a DeFi-Powered Prediction Market built for cross-chain information exchange and trading, where users take positions on outcomes of real world events–in a decentralized and interoperable platform on Polkadot. The token is brand new, having been issued in February this year. The price is in a tightening range since Apr 1, dipping into a support zone...
This is an update of the Palantir stock chart posted on Feb 20, 2021. Price broke below the 61.8% fib support, and has now swung back above it. In the 4h chart, price is just below the 50-day MA, bearish cross happened around 24 March. A break above the pink Ichimoku cloud on the 4h chart would confirm a long scenario, with first major resistance to the upside at...
Bitcoin Gold, a fork on Bitcoin, is a cryptocurrency with Bitcoin fundamentals, mined on common GPUs instead of specialty ASICs. BTG has had a stellar outbreak to the upside, passing the 162.8% fib extension level, and then the 261.8% level. It's made new high three times in a row, with the latest high around 115.35. If price can push above around 107.34 then this...
This is an update of the chart posted on Feb 20, 2021. Price has risen 20% since the last post. Today the price fell to 220, which is just above the 50 MA, and bounced up to the close of 225. The lover trend line (blue) was not broken. Ichimoku is green and wide. The MAs are running parallel and up. These visual indicators confirm bullish sentiment. Near-term...
TRON is an ambitious project dedicated to building the infrastructure for a truly decentralized Internet. Like $BTT, Tron has been on a tear since early February. However, unlike BTT, Tron has come back from the high around 0.1199 and now price sits just above the 161.8% extension level, as shown in this weekly chart. In the 4H chart (not shown) a triangle appears...
BitTorrent is a communication protocol for peer-to-peer file sharing, which enables users to distribute data and electronic files over the Internet in a decentralized manner. BTT has been on a tear since early February 2021. It's nearly managed to reach the end of the Fib extension drawn in here, for this reason it's now on 'neutral'. Folks on twitter are calling...
Solana is a high-performance blockchain supporting builders around the world creating crypto apps that scale today. This new kid on the block is still in serious price discrovery, on a serious rip up since end December 2020. Prive is currently below overhead resistance zone of around 24.8050 - 25.190. If the very strongly bullish trend continues, then it will...
Neo was founded 2014 and has grown into a first-class smart contract platform. It is backed by a global developer community who continue to drive the blockchain forward. Bullish continuation: Price needs to break overhead resistance in the 57.00 - 57.89 zone. After that there is no major resistance until 76.80. Bullish scenario is invalidated if price falls below...