Fernando_132

Fernando_132

After two great news, BLIN managed to run up to 10.41, making it an overbought stock. Jul-02-21 09:24AM Bridgeline Receives More than $2.5M in Warrant Exercises GlobeNewswire +56.00% Jul-01-21 09:00AM Bridgeline Partners Win More than 20 Site Search Licenses in its Third Quarter GlobeNewswire +33.72% This two news made possible this situation in which...

Fernando_132

Welcome back to the greatness of technical analysis. This time we are looking at a EURUSD 1 month chart since 1994. In this timeframe we are able to capture all the movements, supports, resistances and patterns formed over time. Prices came from a S-H-S pattern that broke the collarbone line, leading to a more than 5 years of dawnward trend. Until 2001, when...

Fernando_132

Cryptos are in one of their best moments, as they are getting the attention of the whole world, and that means that markets get volatile, if we get to manage that risk efficiently, we could achieve our financial goals. This analysis is self-explanatory, even though, we can cleary see that this downward trend started with a pattern of change,...

Fernando_132

This is a Wyckoff based analysis. As we can see in the cart, prices have been fluctuating between two channels, a great and a smaller one, both showed in the chart as the support and resistance lines in grey and blue. We saw a clear stop, then a downtrend propelled by decreasing volume and a later spring that was tested two times, this shows us that it has a lot...

Fernando_132

UPST, is a new high performer getting too high for its range, but if we look in the chart, we can see that there is a first pullback, a second pullback and now we it looks like we are onto the third one, as we know, these kind of one time runners, pullback only three times at its best conditions, being the third the riskier one, this third pullback usually only...

Fernando_132

Everyone knows that Bitcoin is getting hotter this year, but let's keep this analysis short as the most important information is on the chart. This analysis is based on Wyckoff ideas, we could be in front of a Distribution phase, as BTC has been in an upward trend for so long without any noted distribution (people, or I should say financial entities, taking their...

Fernando_132

This analysis is based on Wyckoff ideas. We can see a clear trading channel, that was broken during February 10 and 11, to form a new, but smaller and more detailed channel, where prices managed to rise strong up to a new high. That new high was made by a large green candle, closing about a fifth of its length, showing some weakness; and since then volume has...

Fernando_132

AUVI has gone up with an almost 500% gain, something amazing. Taking a look to the chart, we can see that in a bullish trend, the first, second, third, fourth, and fifth Elliot waves have already been produced. So now we can expect to see prices fluctuating between the trading channel. When it comes to Wyckoff point of view, we already had a upward trend, so now...

Fernando_132 Updated 

The highest high of BTC was an upthrust in a Wyckoff analysis. So we expect to see a downward trend, hopefully completing the Shoulder - Head - Shoulder, that I shared in another idea. As the market is being overextended, with very short candles, and low volume. Even though, BTC is expected to go higher in the long term, as Tesla invested in it, causing a rush in...

Fernando_132

After the news, BTC hit new highs. Here we can see how the BTC is consolidating in 1H chart, after a pike without volume, we hope to see a lower right shoulder; which could be very posible as the market is getting overextended.(As we can see with the 20-50-200 SMA's). That would be the most probable thing that could happen. But if the right shoulder happens to be...

Fernando_132

First pullback , second pullback and now we are on the third pullback . That is the actual situation after getting a +93.10% performance over the course of the week. Right now biotechnological and medical stocks are rising because of the news, but be careful on getting into this stock, it might be too late. Usually stocks do not bounce a fourth time after three...

Fernando_132

->What is the Morning Panic Dip-Buy Pattern? This pattern is based on a wall of sellers that drive the market down in a short time. As you can see in the chart the wall of sellers show how market quickly sold off during the session of March 6th, after an all time high (not supported by demand). Leaving us with a first day candle of March 7th, with a volume as high...

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Fernando_132 Updated 

Cryptocurrencies are ending 2020 in a rush, and we should not ignore it. "Ethereum Locked in DeFi Drops by 2.23M ETH Since Mid-November" "Total Value Locked in DeFi has Risen by 2,000% in 2020" "Binance and Coinbase To Launch Ethereum (ETH) 2.0 Staking" "Ethereum’s Price Could Rapidly Rise to $750 – Crypto Analyst" When we have exciting news whether they are...

Fernando_132

Just wanted to share the actual Bitcoin situation. On December 1st, Bitcoin made a new high; great volume but not proportional to the candelstick size, so we already knew that the bullish trend would not last longer; then the correction gave us a few spikes that are taking the shape of a triangle. So, we expect to see a few more corrections inside the channel...

Fernando_132

This analysis is backed on Wyckoff ideas, technical analysis and overall market behavior. BE is performing well since March 18th and 19th, it bounced over 2.94 both days, and since then it has been running up until July 16th. This day demand hit a wall, and that was reflected on the volume bar, which is one of the greatest volumes since January; this means that...