Keeping this short and sweet. If we zoom out, from a historical time perspective (not taking any other technical analysis into consideration), I believe it's worthwhile and interesting to note that the bullish time intervals (from low to blow-off top) has extended each bull run by 300-400 days. If this pattern continues, we can expect to see the bull run last for...
Long term trendline is intact. Let's see what happens going forward. Expecting blow-off top (similar to what we saw now in May) closer to November/December.
Ethereum accumulating nicely at the moment. Expecting to see some bounces and retracements in the coming weeks, and ultimately we can expect to see some sort of decision before mid-June. Forming an ascending wedge at the moment (Green bottom showing strong support in the SHORT TERM, and Red horizontal at 2920 showing strong resistance). White bottom line is the...
Awaiting breakout above the upper descending trendline for a short term entry. Longer term entry if RSI drops to 30 on the 1hr window.
Fib + Elliot + 50/200MA --> Incoming gainz. Next stop, 3NOK.
Everything is programmed. At least 1$ on it's next pump if it stays above current support. To the moooooon!
Bouncing this off an idea from a friend. OXT has a solid foundation, and unlike other altcoins, it seems its growth is more sustainable, partly supported by significantly lower gas fees through the xDai blockchain. Edward Snowden backing, pay per use model and customizable user experience makes this an interesting altcoin for medium hold. Should be interesting...
Ambivalent about this one. Scatec has broken downwards of its upwards trend, but RSI suggests that it could be due for another run. Will be interesting to see where this goes. Stop loss at 232.
Graph speaks for itself. Although Polight has gone on a massive bull run lately, it broke above the ascending channel, and we can expect continued increase with new support found on the upper previous resistance level. Notice the relationship between price increase and RSI breakout above the 50 mark approximately multiple times since the fall. Interesting to...
Same as chainlink, 50 MA crossing up on 250 on both 4hour and 1day intervals. Increased volume . RSI shows its not overbought. Resistance at around 64-65. This was the same resistance point it was testing Fall 2017 before it went nuclear when Bitcoin was already getting hot. If it breaks above, wouldn't be surprised if we see a long bullish run for this asset.
Upwards triangle, cryptocraze these days, pushing resistance, likely to blow up soon. 50 MA crossing up 250 for the second time in a a short period.
The whole stock market is experiencing the same type of "crack" as it did back in Feb/March, now being fueled by a Covid second wave and uncertainty around the US elections. Photocure's RSI is approaching its year low levels in March. The down period in March lasted for about 1 month. The length of this down period will be more uncertain depending on the outcome...
Crayon looks to have entered a bullish pattern closely resembling the elliot wave theory. Support and resistance levels fit well with what is expected to see in a fibonacci and elliot wave combination. RSI shows the stock has not been this underbought since March. Support at 105 and price target is set to about 184 in January. If Crayon falls through the 105...
This analysis isn't as based on techincal indicators as it is on market insight. As far as the technical signs go, RSI and stochastic RSI show that it is significantly underbought. The appearance of an ascending triangle formation is also noticable, with high potential gains if it breaks up. The most interesting find is that Lifecare has ownership in Digital...
Awilco bottomed out recently and seems to be in a short term bullish channel. Techincal indicators such as short term MAs crossing up coupled with rising LNG (liquified natural gas) prices solidify this trend.
Axactor seems to have entered a bullish pattern through the formation of an ascending triangle. An upwards breakout could generate a boost in this bullish trend in which the target would be set to around 13.50 NOK . 10 and 20 day MAs have crossed the 200 day MA on the 1 hour and 4 hour intervals, and are closing in on the day intervals. RSI indicates that the...
Northern drilling seems to have bottomed out after an extended devaluation period. The stock has oscillated between 3 and 6 NOK for the past months and looks to have entered a bullish channel. Technical signals include a recent 10 and 20 MA crossing up in the 4 hour and 1 day intervals. The stock's potential ability to break out over its resistance levels at 5 and...