Short term: Bearish engulfing and false break are not good signs for Bulls..! Intermediate: SMA 50 slope has just entered negative territory..! Long term: COVID cases soar like never before and very tough days are coming because of the election parties everywhere..! Another lockdown phase could happen soon! The Pfizer vaccine could immune 600-650 million by the...
if Baba could not hold this support level, there is a risk of going down to 240!
It is completely obvious that in the bullish trends Bitcoin miners can outperform Bitcoin by far..!
Price action to SMA 100 SMA 50 speed is about to cross up zero line! It just need to break the resistant line!
Huge upward potential, 30-100% with R/R : 2-5!!!
This one is just a technical view!with mindblowing R/R!
Short term targets: 31.50- 34.60- 41 (Some people like messy charts, I don't!)
Big triangle like this could end up with huge returns!
When I compared RIOT with Bitcoin, it is completely obvious that this Bitcoin miner has always outperform Bitcoin during bullish rallies! I believe the next big market fever hovering around Bitcoin and it’s miners!
Fundamental news and bullish swing in the same day! First target 21 (200 SMA) on hourly chart!
Getting out of a Bullish pennant + price action to SMA50 = HIGH PROFIT PROBABALITY!
Look for breaking upward Possible move:75% Reward/Risk: 10 (R/R>3 is Ideal) Time frame: 1-4 wks This is just my technical view, not a fundamental comment..! I can make you confused you by a crowded messy chart, but I would rather simple effective presentations..!
Possible move: 24-93% Reward/Risk: 3.3-14(R/R>3 is Ideal) Time frame: 1-12wks This is just my technical view, not a fundamental comment..! I can make you confused you by a crowded messy chart, but I would rather simple effective presentations..!
Possible move:12-35% Reward/Risk: 3-9 (R/R>3 is Ideal) Time frame: 1-4wks This is just my technical view, not a fundamental comment..! I can make you confused you by a crowded messy chart, but I would rather simple effective presentations..!
Since they invested more than 99% of the capital in the stock market they can beat the market in both directions..!
Possible move: 23-87% Reward/Risk: 1-4.4 (R/R>3 is Ideal) Time frame: 1-4 wks This is just my technical view, not a fundamental comment..! I can make you confused you by a crowded messy chart, but I would rather simple effective presentations..!
Possible move: 40-100+% Reward/Risk: 4-8 (R/R>3 is Ideal) Time frame: 2wks-1M This is just my technical view, not a fundamental comment..! I can make you confused you by a crowded messy chart, but I would rather simple effective presentations..!