Signs of uptrend - Candles challenging MA 200 (neutral) - Expectation of Line C (1:1 of line B) is not met - weak downtrend - New higher high being formed (dotted line) - downtrend breached Waiting between $80 to $90 to enter, where more volume are being traded.
Previous post: Observation : - Met expectation of 1:1 downtrend of line C - Still moving below both MA200 & Ichimoku Cloud: Downtrend intact - Magnitude of Line D is slightly stronger than of Line C , while the gradient of line D is less steep(time taken for line D to meet expectation 1:1 is longer) : losing downtrend momentum Expectation...
Continued Sign of Bearish Trend -Retracement R3 only reach 0.618 fib of Line C , show much weaker uptrend comparing to the previous retracement R1 & R2 as following: -R1 retrace more than 0.786fib of Line A -R2 retrace more than 0.786fib of Line B - Candle sticks moving below MA 200 - Candle sticks moving below ichimoku As of now, expect length of double top...
As portray on previous post, Lower high 2 was formed at the expected area (failed to move above MA200) General sign of continuing bearish trend : - Lower Low 2 fail to retrace 0.75 fibonacci retracement of Line B -Moving under MA200 -Candlesticks under ichimoku cloud Currently forming - Line C , which is supposed to form Lower Low 3 (LL3) , is...
General Bearish Signs 1. Candlesticks moving under MA 200 2. Candlesticks moving under ichimoku cloud Area to look out for: High trading volume at price of 18000-20000. BTC holders thinking this range might be low enough for reversal until otherwise. Overall pretty low volume for the past 100 days. Bearish trend of Lower Low to be expected unless high of 2200X...
Looking out for: 1. Candle sticks breaking out of parallel channel 2. Make a higher high above 18XX(at 3rd rebound) and break the Lower Low Trend 3. Moving above Ichimoku cloud Signs of Bullish trend 1. 3rd rebound (0.38 fib retracement) stronger than 2nd rebound (0.618 fib retracement) 2. Days to achieve new Lower Low increases. - First Lower Low(LL)...
South East Asia Emerging market :Vietnam Sign of uptrend holding -Candlesticks moving above MA200. Challenged MA200 and continue moving above it (circled) -Uptrend Line B 1:1 Fib extension of uptrend line A, similar magnitude within a shorter period of time(represented b the dotted line) -Retracement R1 which from Higher Low (HL) : Retrace 0.618 fib of Line A....
Sign of Bearish Trend - Candlesticks moving below MA200 , possible challenge MA200 soon. - If we take a look at ichimoku indicator, candlesticks moving back into the cloud & lagging span moving at similar level as candlesticks(failing to establish bullish revesral) -Downtrend line B which form Lower low (LL2) has reach expectation of 1:1 of Line A, with a lower...
BTC breached the mini uptrend Higher Low ( HL3 - represented by the horizontal dotted line), align with long term view: bitcoin is trending downwards after having a weak retracement Previous Long term view: Expect a New lower low to be formed, with mini retracement in between before completing its downtrend at 0.618 or 0.786 fib of Z since the...
As per previous post.... Sign of Bearish Trend -Magnitude of Downtrend Line B much stronger than Downtrend Line A -Magnitude of Downtrend Line C similar to Downtrend B -Momentum of Retracement line R3 much weaker than of Retracement line R2 -Candlestick currently challenging MA200 What retracement R3 are we looking for? -R1 retrace more than 0.786fib of Line...
Are there even Signs of Reversal ? - Candlesticks below MA200 , Far from MA200 - Candlesticks moving below ichimoku clouds - Downtrend Line B met expectation of 1:1 w.r.t Line A, within a shorter time with higher momentum Take a look at the price Volume traded for the past 1600 days (to the range where last candlesticks were at this area). Total volume at this...
Sign of Reversal to bullish trend - Candlesticks challenging MA200 , possible to stay above it - If we take a look at ichimoku indicator, candlesticks moving above cloud & lagging span moving above candle sticks (Signs of bullish trend) -Retracement line R3 retrace approximately 0.78fib of Line C, stronger than R2 retracement 0.6fib -Downtrend line c which form...
Disney. We are exposed to Disney almost instantly we are born into this world. The cartoon we are exposed to , the posters, the gifts, the soft toys we had. Disney, the creator of our "Fantasy", can their strong moat stop the downtrend of its stock price? Sign of downtrend -Candle sticks moving below MA200 . Fail to even get near the MA200 trendline for the...
Sign of Bearish trend continuation -Candlesticks are moving below MA200 -Magnitude of Downtrend Line B is similar to downtrend Line A -Downtrend Line B : 1.414 fib extension of Downtrend Line A -Strength of Retracement line R2 seems weaker than of Retracement line R1 , where is the momentum? -Candlesticks having issue getting above MA 200 and 0.5 fib...
BTC plunge from a weak "top" of 25XXX to current, shedding more than 15% within 5days. Will the bearish trend continue? Can BTCstill serve as a store of value/currency? Long term view ? Bitcoin is also going down Signs of Bearish Trend 1. Candlesticks breaking below MA 200 on 19 August, coinciding with the higher than usual trading volume wihin the price...
Sign of Bearish trend continuation -Candlesticks are moving below MA200 -Magnitude of Downtrend Line B is much stronger than of downtrend Line A, confirming strong bearish trend -Candlestick fail to stay above MA200 after retracement R1 Strength of Retracement line R2 is stronger than of R1, signifying more uptrend momentum. However, candlesticks might have...
Sign of Bearish trend continuation -Candlestick moving below MA200 -Line B surpass 1.272 fib extension of Line A, although 1:1 expectation not met -Current retracement line Y momentum much weaker than of previous retracement line Z, signifying weak bull support Line Z retrace to 0.382 fib of Line A. Candlestick might challenge the following are: -294XX (fib...
Sign of Bearish Trend -Magnitude of Downtrend Line B much stronger than Downtrend Line A -Magnitude of Downtrend Line C similar to Downtrend B -Momentum of Retracement line R3 much weaker than of Retracement line R2 -Candlestick challenging MA200 What retracement R3 are we looking for? -R1 retrace more than 0.786fib of Line A -R2 retrace more than 0.786fib of...