Alongside with Apple being Apple, it has macro HTF algo above 160 and just general bulishness of the market gives some extra fuel for this trade. Entry 1: 147.62 Entry 2: 149.35 Dips are for buying here (unless there is a general turn of market sentiment. Will add if it dips to 150 region. Plant trees. Harvest fruits.
Everything is on the chart, aside of having some other buy side algos kicking in, basic chart geometry suggests potential upside swing to the golden zone above. Everything is on the chart. Entering small risk position and watching for new higher lows... What do you hear? Nothing but the rain. Keep calm.
After loosing 21, 34 and 200 EMA on D(aily) and 2D(daily) charts a more bearish downtrend has been confirmed. Althoug I expect shorterm bounce, making a higher low and fiddling around and above 200 EMA on 2D chart (we could be rangebound for a while), I do see a high probability of loosing ground and heading down to 200 EMA on weekly and having a deep dive...
He had a wonderful couple of days in crypto world. If you look up to the 2Daily chart you see nothing but green and we are nearing danger-zone where pivot is seriously possible. Upon breaking through and retesting, this will obviously be a bullish sign which would need extra time and energy to double check some alts charts in relation to ETH, BTC.D and BTC/ETH....
Earnings calls are always kinda of a gamble, but on grand/macro scale $INO looks ready to turn bullish (short to mid term)... Maxx Momentum is signaling a squeeze on D1 and W charts (a squeeze can be in either direction), and KST just signaled a buy on both time frames as well. RSI on daily is a bit extended, while on weekly it sits comfy at the median line. Just...
We have a possible triple bottom scenario on Coinbase, with hidden bullish divergence... While the price is "trapped sideways" (between 211 and 255) and we are waiting for breakout confirmation, everything else (with Momentum, MACD and RSI) is pointing upwards, but nevertheless we have to start making higher highs and higher lows in price action as well....
BITSTAMP:XRPUSD XRP has always been a late boomer and considering all the FUD and the mist around it, it would be smart to play a contrarian role and just to be ready for the possibility of “melting faces” to the upside (with a small chunk of disposable capital). It is massively lagging behind other major cryptos, but for us “veterans” who did not enter the...