Good evening! With recent news, the deal signing for supplying Manitoba and Alberta Cannabis could help sky rocket this stock's price at the end of this year. It is also important to note that pot will finally get legalized this October. This is good news! This is looking at it from a fundamental point of perspective. This is tradingview and we are here to look...
Good evening everyone! Looks like GLDN is on a bullish momentum. Fresh out of a break out due to the mention of the company receiving permission to mine by the ministry in BC. That's the fundamentals for you, keep that in the back of your mind. Let's get technical. Two HUGE bullish engulfing candles were shown to prove the breakout from the 0.17 resistance line....
Good evening fellow traders, Pot legalization was finally confirmed by Trudea on October 17, 2018. Keep that in the back of your mind under the fundamentals tab. This post is about technicals. With that said, here is my analysis of the WEED company. MACD and the Force index dictates a bearish momentum WEED(thats 2 points checked for the bears). The moving...
Good evening! Ever since I got into Margins, I have been in love with shorting my way down the trend. With that said, welcome to my technical analysis for Cardano. I have the chart set up on the daily. Looking at it from since it's jump to ATH in December, we can see that the chart is forming a descending triangle! At 1900 sats, we see it being tested twice......
Good evening everyone, I have been looking into playing with margin trading lately with crypto and I have been getting some decent gains. I highly advice though that someone needs to be very keen with their T. A. prior to entering margins. Without further ado, here is my short term technical analysis on the daily chart! There's a chance to create a long position...
Hello fellow tronics. We are now in a bullish after breaking out of the region that I called in which TRX will pass through. Candles above the gray region confirm that it is on a bullish momentum along with higher trade volumes and MACD bullish momentum. With that said, I see us hitting the green line to test the previous high from March 31st. This would act as a...
Good morning folks, For those of you who have been following me, you know I am a big fan of TRON. When played right, I truly believe it has one of the highest potential of making you wealthy. The project is backed up by a strong team. Also, if you notice, there's always a spike in price as we get close to one of Justin's announced project deadline dates. We use...
Good evening all!! Justin Sun's TRX is slowly rising again. I called a lower support at 0.00007800 ETH and it did. The Sun is rising again. Bullish candles were shown. Volume is also backed up by this rise. Looks like we are on a bullish momentum. I will enter and exit on my indicated resistance level, if I notice a reversal pattern showing. Happy trading all!
Just simply observing the 4 hour candle stick chart for BTC, it appears that it is forming a head and shoulders pattern. MACD remains to be bearish and the RSI is oversold. My fiat is on standby for BTC. I will be watching it for the next few days. I thought of short selling and entering at 7700 sats. I would not. Stay vigilant my friends. Balanar, The Night Stalker
Good morning fellow crypto traders, DOGE has been on a BULLISH momentum since April 10's bullish engulfing candle that created a breakout from my first outlined downward channel. I entered right at 41 Sats and it has not dropped since. It looks very promising. However, I will keep a closer eye once I get close to my first resistance line at 71 Sats. I will...
Good evening traders! Balanar here. I just want to say, it looks like TRX is forming a horizontal pattern. A perfect pattern for trading opportunities. Above is shown TRX in a 4 hour chart time line. As you can see, the support(0.000007858 ETH) and the resistance(0.00012316 ETH) level has been tested... TWICE over the course of 9 days. The RSI and MACD levels are...
Good afternoon everyone! The test mainnet launch news appeared to have stirred the bulls into pushing the price up. It peaked right on the date of its launch and went back down again. However, if you are into technical analysis, this should not be an indication of buy but it should simply be utilized as a supplement to technical analysis. We always must find...
Hello Everyone! The Night Stalker(NS) is here. As we enter Q2, more and more altcoins have started to stir up some bullish patterns! Having said that, I saw great potential with ENJ. Over the course of Q1, ENJ has gone through 2 dips: Feb 5 and March 15. It showed that the lows were getting higher trying to penetrate through the 50 MA line. It finally did on...
As I have analyzed before, the price will fall down again! From Feb 6 to Feb 20, it created a new high, and it went down for a bit and up again on March 5th! Creating a double top! Looking at it from a bigger picture which includes the bubble from December 2017, the pattern created a descending triangle(red lines). It has tried to break the upper line once but...
The red bottom line is where I place my suspected support level, the price is head into a descending triangle. I will call this situation A. On the other hand, I have a bottom black line that's going downwards. I will call this situation B. Given the action of the price, the resistance level could be the upper black line going downwards or the 40 EMA. Either...
The price of this stock is inside a descending channel. The lower black line is the support while the 50 MA is the acting resistance level. I think the price would hit around $2.83 being its support level. I will buy with 2 confirming candles and sell once it hits the resistance level which is the 50 MA. This is another stock that has 50c profit/share. Risk is...
It appears as LTC has finally broken out of the downward channel. An engulfing bullish candle did this on Feb 14. Since then, the price has not changed much. I suspect a quick consolidation. The 20 EMA just crossed above the 40 EMA. Both have yet to cross above the 50 MA. Once it happens, I think the price would then hit the 50 MA as its support line. I will wait...
Looks like I found another possible sideways channel where I can trade sideways and take advantage of the ping pong effect. The support line being at around $22.0 and the Resistance line being at $26.20. From Nov 13 to Jan 3rd, it tried to penetrate the 50 MA. It successfully did but was only stopped by the $26.20 resistance line. Now it is doing the same thing...