V12bull

V12bull

I have been monitoring Palantir for quite some time. Even though I can't fully understand the business model (yes, they have 21 big customers), I wasn't too sure if it will sustain the revenue stream. But what I am certain is that the chart tells me stories Some the first glance, you will see a reverse head and shoulder, with the price now sitting at the neck...

V12bull

For my previous analysis, I thought BTC will reverse before hitting 50k. But seems like it's hanging strong at 50k now. I think the 0.618 fib level, which is at 50k, is the important resistance level. Normally I think it will reverse from here. But I don't think so. Maybe it's the reverse psychology when logically it should reverse here, but the the price goes in...

V12bull

BTC has hit 50K, which is the fib resistance of 0.618. The price might reverse from here but I think it will still go up Hence, coinbase which is sensitive to the price of cryptocurrency, mainly BTC, will continue to rise Like my previous post of COIN, we managed to hit 288 target and soon reverse to the support of 0.786. The RSI looks good and chart has been...

V12bull

Previously I have covered the target price of LAC at $20. Congratulations whoever who made some money from it. Now the price is testing the support and seems like it's bouncing off from the support. Weekly MACD crossed Bullish divergence of RSI I have reason to believe it will go to $25 from here. But it has to break the $20 resistance first

V12bull

As I have previously posted my idea on LINK, it hit my target price of $29 before reversing to the support level at $24 dollars. I have all the reasons to believe that LINK has awaken from its slumber to have a run again. The short term reversal seems to form a cup and handle pattern. I think it will break the 29 resistant level and the weekly chart shows signs...

V12bull Updated 

One of my favourite DEFI project looks bullish after breaking the resistance at $13. It might retest the resistance again after reaching the 0.5 fib level, which is approximately at $15.5. But looking at weekly chart, the MACD crosses below, which is but not always bullish. But I do believe is MACD crosses in weekly chart, it signals a bullish move in the...

V12bull

The stock has caught attention of a few famous hedge fund managers. That's why I am having a look at this stock Reading through the Q2 presentation, I am quite convinced with the future of this company. Mainly it's because of the easing of lockdowns due to COVID -19, increased in vaccination. Meaning, there will be more economic activities , travelling and factory...

V12bull

The BTC chart has unfortunately broke the rising wedge, as expected, partially. Thought it might hit the 0.618 resistance at 50k before the reversal. The price now is hovering around 45k. But breaking that, it will send the price down to the 40-42k range, which is at 0.618 support. If breaking that, it might go down to the second strong support at 0.318, price at 36k.

V12bull

As I have posted earlier, the bearish divergence has already appeared but quite uncertain when it will reverse in trend. But the last few days the daily chart has shown weakness. Time for me to bail out for this moment. Drawing the fib from low to high, you will see the support at various levels. 3k has been a crucial support for ETH as it is a psychological...

V12bull Updated 

Yesterday's candle printed a bearish harami - which usually indicates a bearish move. The second day candle is to confirm the bearish reversal of the trend - in this case, if today's candle shows a bearish candle, then the trend of reversal is confirmed. Overall I am still bullish with BTC. But going down to 42k, albeit short lived, is a great buying opportunity.

V12bull Updated 

Needless to say, the price of COIN (coinbase in NASDAQ) is very sensitive to the movement of crypto, namely BTC. when BTC retested the 27k, the lowest COIN has been was 212, or somewhere around there. But it touched the bottom 3 times with a sharp rebound, making it a bullish triple bottom. Also, daily chart reveal a bullish divergence, price closing above the...

V12bull Updated 

The price has touched at MA 200 on the daily chart. Personally believe there is still some strength in breaking the 45k resistance even though the chart seems unlikely for now - MA 200 resistance and the possible short term bearish divergence. Don't forget that the bullish divergence of RSI stretch from May till July. Big players would have gained enough coins...

V12bull

BTC hitting 48k. That was in my previous post and target price. But will it sustain the bull? Or is it a bulltrap? comments

V12bull Updated 

LAC forms a double bottom and broke out from the trend. Target 20

V12bull

DOT is a wonderful project which I adore. Unfortunately, I missed out the opportunity to buy the dip when it was around 10 In 4 hourly chart, the price is doing a rising wedge which usually is a sign, not always, of bearish reversal. The RSI is doing a lower high while price is doing higher high. Same goes to MACD. They are imprinting a bearish signs for DOT....

V12bull

Coinbase is a crypto sensitive stock. Meaning if the condition of cryptocurrency is good, the stock goes up. It posted a good earning in Q2. The candle stick showed a bearish railroad pattern. But will it sustain the upward trend? BTC is now hitting a resistance, bearish divergence as well. Possibly it will do some minor correction in short term. Hence, I think...

V12bull

In the hourly time frame, the RSI and MACD showed a bearish divergence with double top. Breaking down from 3k will send the price down to 2880 and then 2700, which is a good level to buy since the whole thing is still in the upgoing trend in the longer time frame.

V12bull

Seems like BTC was being rejected from the 45k level. Bearish divergence in RSI from 1 hourly chart. I presume it will go down to 42k. Failure to hold on this level might send BTC down to 39k. However, overall, I think the BTC is still on an upgoing momentum in longer time frame even still below MA 200. Any dip will be a good opportunity to collect