coinables

coinables

Care.com CRCM is currently oversold and extended below the moving averages. Depending on where we open tomorrow morning there might be a 3-7% gain opportunity.

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Fitbit is well oversold beyond structure levels, buying opportunity with short term 6.48% potential gain target.

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On Deck drastically pulled back beyond structure levels and looks to be setting up for a short term counter trend upward. Potential gain target of 7.95%

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I expect upward movement over the next week or so. Heavy resistance around $15k. A rejection at this level would be similar to movement we saw in early 2014.

coinables Updated 

Forecasting a high of $12k using fibonacci projection. If the 2nd to previous all time high ($5k) becomes the 78.6 and the most recent high of ~6.2k (which we are breaking out of today) becomes the 61.8 retracement, it suggests a top of around $12k.

coinables Updated 

Despite the violent drop we just had the weekly chart is still bullish and momentum is still rising towards a possible large upward move, let's say about $4,700 if 2013 ATH becomes the 78.6% fibonacci. The next 2 weeks are critical ™.

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I've been feeling bearish since the fall from $2,800, even placed a few shorts. However after looking at the chart again, and reviewing the Fibonacci's, I'm seeing a possible bullish fractal. I"ll be watching for a bullish setup over the next 24 hours.

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Based on previous structure and fibonacci retracements in accordance with the cypher pattern. This puts our C to D leg completing around $1,050 which also has previous structure from early February. Looking to go long around this area.

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Watching for bullish confirmation to bounce off 121.5 structure area before long.

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The 2013 ATH is now the 78.6 fibonacci level on bitstamp. I could see us retracing to the 78.6 before breaking new highs. Would be a very nice buying opportunity.

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Returning to a very important level is highly possible on the horizon. ~4300-4400

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I expect a small pullback to test/prove $707 is now support. Short scalp or wait for 707 as an entry for a long.

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Lower highs and lower lows on the 4 hour. Most recent 4 hour candle respected the 660 level as resistance. Drop to at least 616, and possible 570.

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Basically still bullish. Some key points of structure to keep an eye on during our move back up.

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Short with tight stop at 2051. 1st target for taking profit at around 1940.

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AKA the batwing, shorting at 27.74 bouncing off a previous support level of 27.80. Candlesticks seem to confirm the up coming drop engulfing red candles on the 30 minute and 1 hr and quasi-tweezer top.

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We have 4 candles with very small bodies which indicates indecision on the price between the bears and bulls. This occurring after a small pullback indicates to me that the bulls are getting ready to show their strength again. Position Long

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Typically the 3 green soldiers pattern is reversal pattern at the bottom of a down-trend, but it could be a signal that we are getting ready to breakout of the sideways movement. The body of the 3rd candle is not smaller than the previous two (at least for now) so the pattern is bullish. Still in my same long since a few days ago when we had the monster green candle.