DENCHMON

DENCHMON

Everybody familiar with head. shoulders, knees and toes? Tesla still at a discount... My thought on Tesla is that we get 290 before we come back down to test 250-260/s... NASDAQ:TSLA #TSLA

DENCHMON

The FTSE(UK100) still ranging between 8400 and 8100... Break range and expect a big move (9K or retest 7800). That huge rejection of 8100 makes me bullish bias #UK100GBP

DENCHMON

After touching new levels, not seen in years. History shows theirs a high probability we're due to see something big. Silver sits at around 33/o after climbing and tickling 35/o... A retest of 32/o and climb to new highs is a high probability.

DENCHMON

Bias as of drawing this idea is Bearish... 62K appears to be holding resistance as price falls to test for support. A failure could mean a new test of 50k again, a failure to find a support could mean we see a test of 40k and then 30k. Finding support above 60k would change bias... 70k would also have to be broken and tested for support for any continuation up.

DENCHMON Updated 

The wise choice would be to be Bullish due to previous price action... although being at previous resistance means we could fall... Currently above 60K, a test of support expected (consolidation). We either drop or continue with the pump (Bullish).

DENCHMON Updated 

Purple Box: Bearish (21.6 - 22.1p/o) Blue Box: Bullish 1.(25 - 25.6) 2.(28 - 28.7p/o) Bullish Scenario Silver's a very under priced metal, I'm thinking because countries are stock piling more gold they should also be doing the same with silver... Prise is finding or has found support above 22p/o and so a push upwards towards 25 is highly probable... ...

DENCHMON Updated 

Everybody familiar with head. shoulders, knees and toes???... Didn't close below 200 did we? Either way we still bullish on tesla. Bias stays the same.

DENCHMON Updated 

Take a seat... This here is the months chart, each candle equates to a month of price action. Last month as you can see finished very positive and so this month was likely to also follow trend. The weekly time frame shows that as of the last two weeks traders/investors of #BTC have been taking profit, but the buying pressure is still there as we can see...

DENCHMON

As I see it, as long as we stay above 7600-7700 a pump to 8k is a lot more likely as there's evidently buyers in the market keeping the FTSE floating, where as a break below will send this south (7400 or lower).

DENCHMON Updated 

My last charts triangle pattern was technically violated. So here's a new one, which lines up perfectly and make that little bit more sense of what is happening. As I see it, as long as we stay above 7200-7400 a pump to 8k is a lot more likely as theirs evidently buyers in the market keeping the FTSE floating, where as a break below will send this south (6700 or lower).

DENCHMON Updated 

A breakout of structure, the likeliness of going higher is a lot more than the likeliness of going down.

DENCHMON Updated 

The technical say a bullish Tesla is possible but we don't know what the future brings we can only prepare.

DENCHMON

Price action says bullish but a break of 38k and TIMBER!!! - Below 30k and BTCUSD has handed you the largest discount in you entire life. For now BTCUSD is holding above 39k which if it holds we can say a higher low has been formed and a higher high may follow - A move above 47k with a successful test of support would indicate a count down to blast off 60k. ...

DENCHMON

A gradual climb for UK100 to 8k, wouldn't be a surprising move due to the higher highs and higher lows - 7600 is the price to stay above! On the other hand, it just takes one bit of bad news and we would see a fall in price - below 7500 there's 7400. There's no chart patterns here, just pure price action and for now price is bullish. Nothing Here Is Financial...

DENCHMON

Gold and precious metals in general are bullish. On the daily chart there is an obvious double bottom, gold above 2060k wouldn't be a surprising move. A failure for gold to cross 2k would indicate further drops 1970 then 1950. Nothing Here Is Financial Advice But Be Inspired🌟🚀🌟

DENCHMON

Overall bias for Gold is Bearish. 1780 seems to be a strong support, as it has been hit and retested many times, but our daily resistance shows that we are in fact approaching a daily resistance at 1790. Any breaks of this resistance could mean gold approaches 1830 after finding support at 1800. A bearish gold would most likely look like a rejection of 1790...

DENCHMON

Overall bias on FTSE is bullish. After a very obvious rejection of 7200, we can see that the resistance at 7240 didn't hold and FTSE broke through with ease. Looking at the chart and the areas highlighted as support and resistance we see that if buyers can break above 7280 then they are clear to go higher (possibly 7400). In a bearish case 7280 holds as...

DENCHMON

BTC is overall bullish but within the last 10-11 days we have seen it play between 62900 - 59500 and going as low as 58k. Although not showing any actual direction recently, there are two possible scenarios: Scenario 1: Test 60k to see if it can hold support and blast off after refuelling to new ATH. Scenario 2: 60k fails and causes BTC to drop to 54k or deeper...