SoCr

SoCr Updated 

We have seen a 200 SMA golden cross on both the Orange 50 SMA and Green 50 EMA. Price action broke out of the ascending triangle at 1100 sats. This support was retested subsequently and failed to break. We see a bullish engulfing on the 4hr follow through with a higher close on the subsequent candle. There is are bearish pinbars present with no follow through...

SoCr Updated 

BNB / ETH has remained bullish and the uptrend appears to be holding. At the moment I am waiting for confirmation. The wave could collapse and break support. Where would you place a stop loss? I was thinking 0.030800. Any thoughts and feedback would be appreciated. Thanks and happy trading.

SoCr Updated 

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SoCr

I am not a financial advisor and the views expressed are my opinion. I am posting this for educational purposes and I am not instructing you on whether to buy or sell IOST, or giving financial advise: I expected a sell-off due to the nature of the "Big announcement". The dump is due to people who have bought in "just in case" the price rocketed. Rumours had been...

SoCr Updated 

Long-term trend is still intact. Price testing then crossed the 20 EMA . There is confluence between the RSI , MACD price action, however there is divergence in relation to the long-term trendline which remains bullish . I am waiting to see if the price action tests or breaks support at the 0.786 (0.00085436) Fib retracement level and will act accordingly. Full...

SoCr Updated 

Rising wedge with divergence on the RSI. 150 MA has crossed over the 200 MA. Both 50 and 150 MAs are now on an upward slope. Price action has surpassed the 200 MA. Fib trend extension - Support held at 0.382 (0.00081491) POWR appears to have found support at 0.5 (0.00083297), whether this will hold is still yet to be seen, and has tested resistance at 0.618...

SoCr Updated 

RSI is reaching oversold. Support, resistance and my existing trend lines for this market are giving me the indication that the bear market is about to reverse and turn bullish. Previously POWR has been probing the 12000 level but failed to break out.

SoCr Updated 

There is almost complete symmetry on my trendlines on the 1hr view. Bearish fractal has formed. Price has dropped below the 50MA. RSI and today's trend line signal a reversal to a bear market.

SoCr

Fib, MACD, RSI, Support and Trendlines all indicate a bull market. I believe the price will continue to trend upwards. ENG is a highly innovative token with a solid team behind it and also has great potential as a disruptive technology. I view this coin as still very undervalued by the market. I am trading this coin to increase my holdings of ENG. I am...

SoCr

Hi. I am completely new to technical analysis and have been learning from other members of the community. This is the first Idea that I have published. I believe that the MACD, RSI, forming of a wedge and trend lines are indicating bullish divergence on Power Ledger. I am really looking for feedback to see if I am doing this correctly. Any thoughts or advice...