The fibonacci retracement looks accurate, and the support levels are playing out well. I just love the way this stock has been moving, I've been on it's wavelength since January. Let's see if it we can keep this chemistry going.
I still like it long term as much as just about any other stock, I'm hopeful for another low entry.
There are way too many trend, support/resistance lines around for me to have any idea what to do next. Like I said in my last AAVE post this is also a good DCA zone.
I'll just say that there are a lot of stocks and cryptos reaching breaking points, and they will most likely all do the same thing. I'm seeing plenty of potential for most everything to break to the downside but the bullish charts look strong so that's what I'm going with. This SESN chart looks really good, but it's at the tipping point as we speak.
It's looking really good. I think you have about two months left to buy it under $60
This just isn't striking me as strong. We shall see.
It could regress down to the lower trend line, or it could establish a new, steeper trend line here. I'm liking the market for a turnaround soon. Could it wait until next weekend? Maybe.
Not confirmed yet, but setting up for the head and shoulders reversal.
I see your bullish breakout, and I raise you bullish divergence.
The flat volume should be increasing any day, for better or worse. I'm thinking for better. It has built strong support on the 100 day, & RSI is trending up while price is riding an upward trend line. It looks decent, and now is a good time for a lot of stocks to break out of their slumps. I'm noticing numerous stocks at a tipping point so I think Monday or...
I swapped LRC for Bitcoin right before the top and I've been waiting for a good re entry. I think this is a safe zone. It could go lower and maybe even fall through the support zone so this isn't a scalp trade. I think in a month or two you'll look back on a buy here as a good idea. I'm not ready to YOLO here, but a nice DCA is looking pretty sexy. It is trading...
The zone it is in now is in limbo between numerous support/resistance lines. Until it breaks out of the yellow box, I'm reserving judgement. I do expect to see a lot of price action along the support/resistance in either the Red or Green triangles.
Setting a limit order for $.80 ADA. It won't be around for long but I think the wick might touch 80 cents. The RSI reached 91 and I think it still needs to correct a little more. The chart may be forming a "B" wave so it will probably go up a little before plummeting down again. Sub $.90 is a good buy. Just to be clear, the fib retracement is an estimate. It...
I'm honestly just not feeling this rally yet. I don't even want a breakout right now. I would prefer we reset all technicals at $42k before we make the next move up. To be clear about the green and red bubbles, those are in reference to the key of Bitcoin: DCA (dollar cost averaging) Red means wait to DCA later. Green means stack sats. SO.... HODL on comrades,...
It's sort of at a tipping point and I don't think it has the strength to tip upward. I will probably make a partial reentry anywhere in the circle, then wait for more information. I have it going as low as $.94 but I won't wait that long for my first reentry. If it gets to 94 cents I'll go hard. With legalization on the table, it may not dip so low, but remember...