On the left you can see the lines formed by the fibonacci retracements, which although cannot observe, were highly respected in the journey from its maximum of almost 62k to its minimum of almost 50k (it also projects some new maximums that I have pointed out in the long that I show and own). Lines that were also respected in the rise of btc. From that minimum we...
DOT could resume its trend from the end of March and terminate its correction, Williams supports me. I would wait for it to break a little after 42.5 and evaluate if they finish crossing their MAs. Take profit on ATH.
This XRP run after the SEC subsided could gain new momentum from the displayed pattern (handle & cup) and fibonacci extensions. Even though it has not been confirmed, the MACD averages could be crossed. It could be a new ATH, or so I hope.
In the chart of IPATH S&P 500 VIX SHORT TERM FUTURES TM ETN ETF , in a 1 hour time frame, after a previous bullish trend, has formed a continuation falling wedge pattern where it suits us to open a long position. It has two upper touches and three lower touches. Also, the current price has not broken the upper trendline yet, so we must wait it to happen and set...
The DIREXION DAILY GOLD MINERS INDEX BEAR 3X SHARES chart, in a one hour timeframe, has been forming a Decreasing Channel pattern, hitting three times the line above and two times the line below, in this case its advisable to observe the channel a little more until prices reaches one of the two lines to evaluate the opening of a position.
The ALERIAN MLP ETF chart, in a 1D timeframe, has formed a symmetrical triangle. This pattern depends on the break, if the break is in the top line of the triangle (following the green arrow) it is recommended to open a long position, on the other hand, if the break is in the lower line of the triangle (following the red arrow), open a short position.
The Bitcoin / US dollar chart, in a 45 minute timeframe, has shown that
at this moment prices are making contact with a bearish trend line so we can enter short. Also, the RSI indicates that the instrument is overbought
We can see that in the XLMETH chart, in a 2 hour timeframe, a bullish trend line has been formed that has already been tested 4 times and has been maintained, and right now might be the fifth and an opportunity to establish a long position.
The Bitcoin / Yen chart, in a 3H timeframe has formed a symmetrical triangle . This pattern depends on the break, if the break is in the top line of the triangle it is recommended to open a long position, on the other hand, if the break is in the lower line of the triangle, open a short position.
The EURAUD pair chart, in a 15 minutes timeframe, has shown a descending triangle pattern that give us the possibility to set a short position. We can set a Take Profit on $1.5788, and a Stop Loss on $1.5832 , getting a Risk/Reward rate of 2.08.
In the EURUSD pair, in a 3-hour timeframe, we can observe multiple lines of support and resistance . The chart identifies the contacts in which the lines act as resistance with blue circles and the contacts in which it acts as a support with yellow circles. At this time prices are in contact with one of the lines so it gives us the possibility to go short if...
In the chart of the pair USDJPY , in a 1 hour time frame, after a previous bullish trend, has formed a continuation falling wedge pattern where it suits us to open a long position. It has two upper touches and four lower touches. Also, the current price has not broken the upper trendline yet, so we must wait it to happen and set a long position.
The price...
In the chart of NIKE , in a one hour time frame, we can see that the bearish trend line has been broken and a good sign of that is that prices broke the moving average of 50 , so we can expect a change in trend.
THE SQUARE INC chart, in a one hour time frame, we can see a double bottom in wich we can open a long position. This position should be open at $80, with a Take Profit near $91 and a Stop Loss at $77 aproximately
The Cronos Group Inc chart, in a 2-hour timeframe, has formed a Head and Shoulders pattern that
gives us the opportunity to set a short position to $3.80 and a Stop Loss on $9.50. Ratio Risk/Reward 2.3
We can see that in the ALIBABA chart, in a 3-hour timeframe , a bearish trend line has been formed that has already been tested 5 times and has been maintained. In addition, the indicator Rate of Change (ROC) confirms the trend, so we can establish a short position when prices are close to the trend line and evaluate how much more the trend can be maintained,...
