Hello Traders,
Potential short term target for ETC found from technical analysis.
Price breakout from a flag pattern with volume confirmation, potential target are highlighted in gold box.
MACD and DI+ has also made crossing after the price action bounce off from trend-line and EMA50.
This bounce is a confirmation of trend line indicate this trend line is...
As describe on charts.
Profit target as suggest on left of the charts, it is possible price reach around resistance level of 9K mark.
A couple of keys bull signals stacking up indicates increase in bull probability.
1H time frame is looking strong.
Only 12 hours into the today's candles, highest volume trader by far since early 2016.
This high volume trade validates the support zone for days to come if the still holds of-course. Head and shoulder bear pressure is off has reaches its destination.
Potential reversal/consolidation is possible ahead of us. Daily chart shows RSI has enter OS level, historical...
NEBL took a long time in resting up after the rocket launch reaching ~950% in just only 4 days.
Let's look at this in a few details. The charts on the right there a HSN signal setup and a bullish divergence with RSI as first sign of preparation for the big launch ahead.
Now, the chart on the left, notice that NEBLBTC respect fibonacci level as it have small...
During a time of correction phase, is a good time to find prospect for long term investment, while that's is happen, is a good time to pick up some short term trade for a day or two.
The charts indicates the the price action has bounces of 50% fib and now crossing over 38.2%.
Indicator on the other hand as suggested by MACD recent crossing and RSI shows plenty...
Gap open above HNS and closes below HNS level (4hour).
VV
RT: 1.21, RT crossing above RT 1.0 after a down fall RT < 1
CI: 1.84
What is the price action doing in recent 2 candles?
Will the gap support provides enough bounce to continue the moment upward only time tells..
BAP need to retest itself to break resistance before it can gain strong momentum.
About to end cycle 2 as it would bounce back from rising trend line as it has proven itself on two previous attempt.
Entry point is at above 163.43, take profit at 170.26 about 4% on this cycle only when the next few candle stick bounce off from trend line.
Early sign of recovery of down trend as it breaks a 3 time resistance line but requires to proves its up tend strength by breaking the strong bearish trend line
No entry point due to movement are at high point at the moment
