Based on current RSI level and decreased volume, i am looking for abreak below the current fib wedge support. This continued down trend finding support around $12 where the previouse trend line and current fib level intersects should adaquitly place the rsi in or near the over sood level. Slippage below would be oppertunistic as the release of the first layer 2...
This is my current ten year outlook for bitcoins price projection, I feel that the chart is self explanatory but please feel free to pick my brain if you have any thoughts or questions. Price roof and floor are based on channels determined by a gann fan not shown.. it's middle channel is is the line labeled "G"
I am currently watching CBDT to see if its ready to end this consolidation period and enter a new trend. CSE:CBDT
Right now im just waiting to see if the price wants to break its current consolidation zone. without meaningful catalyst i suspect that we will see the price start to find its way into the C zone.
just some thoughts on DQ, hopeful the RSI pulling into the over sold zone will bring a bit of a pull back, but if price continues holding support along the ascending trend line, i see potential for a new high.
iv been patiently waiting for this one to pull back, it has fallen lower than my initial thought of $25, so i am now watching to see if it bottoms in the range indicated on the chart, i suspect that with the RSI being on the over sold level and MacD showing signs of crossing, with the low sell volume on the profile, it'll have an easy recovery towards $26
[s ymbol="TSXV:NNO"]TSXV:NNO I am currently watching NNO to see if it will build support at its current price level, but i am fingers crossed that is price corrects and allows me to jump in at the lower price level indicated on the cart, its RSI macD and volume profile suggest the likely hood of this pull back. definitely a symbol that i will be adding to my...
as always, i try to keep my thoughts simple and clear. these are my thoughts going into this week, I am watching for an opportunity to make a swing play, but if the price pulls back far enough, there could be an excellent opportunity to buy in for a long hold in my opinion. please do not invest based on my opinions and do your own DD.
TSXV:HPQ patiently waiting for a price correction that appears to be in the works. i have high hopes for this company, but like all of my charts, i keep it simple to what my indicators show.
the indicators definitely show what looks like an excellent play in the work. this will be interesting to watch play out.
thanks for viewing my idea, here i try to keep things simple and easy to follow along with. enjoy! i have pinned notes of the levels i am looking for the price action to hit in the near future. if BTC does find support around any of the three levels i illustrated, i feel that we can see a strong push towards $32000 by the new year. the reason im watching for...
so these are the areas that im looking for support in to determine if the trend is going bullish, or not.
i suspect that we will see a repeat of the previous pattern, if MTRX is able to make it to 2.13, id expect a pull back if buying volume continues to remain low
looking for MTRX to hold support above 2.20, based on the past 3 trading sessions patterns i feel that it will hit near $2.40 in the AM.
Looks to be a bullflag on the 2hr chart, will be watching for a morning break out.
this is my current BTC play as of ~3am this morning. once it reaches ~5%+ from bottom, i will take profits. i am expecting a pull back afterwards, but will wait till then before i asses the new data and structure my next play.