BATBTC bounced off its weekly support of 2100 sats. A divergence with volume has formed on the daily chart and now an UP signal has appeared today. The Ultimate Trend Analyzer has also turned green and is angling up.
If BTC doesn't do anything crazy, BATBTC will be able to make some good moves in the coming weeks.
-faulkin
It appears that on the long term, AMD may be potentially getting ready for a reversal, with Spectro O indicating a decrease in volume on the murrey range, the Ultimate Trend Analyzer is showing the price reaching close to the top of the trend. In the shorter time frame, it looks like price is testing a push back up to the recent ATH.
Monitor for a resistance...
It appears that Gold paired with USD may be staring a parabolic move, similar to that of Bitcoin, possibly fueled by the current US Trade wars, uncertainty in the stock market and news of possible interest rate cuts by the feds by end of year.
The Spectro Oscillator, which is part of Spectro M on the main chart, is indicating momentum still rising at a steep...
BNBBTC has been trading in a range for the last couple months. The range is marked with the regression trend tool. Currently it is heading towards the bottom of that trading range as BTC skyrockets and gains more dominance in the market. BNB can see a further drop over the next few days with BTC volatility, before it shows signs of moving up again. Need to be...
The S&P index is testing a double top. The 1D chart has a flatline volume, as per Spectro O, while this 4H chart is indicating what appears to be a failure to flip from resistance to support.
Spectro UTA, is showing the beginning of a downtrend or correction.
ADA USDT 3H, appears to be following an inverse head & shoulders pattern. Look for neckline confirmation near 09040.
Spectro O is showing increasing volume, which may translate into a future price increase, thus filling in more of the pattern. We are sitting at the median for the overall trading range in price, as indicated by Spectro Range.
Analysis by AlchemistLA
BTC has been moving up strong and alts have been losing value against BTC. The LTCUSD pair has been holding steadily around 140 though. Once BTC settles and it doesn't randomly sell off, alts will start to follow and go up. LTCBTC has a divergence on the 4 hour and is in the over sold area with an entry signal from Spectro's indicator. The spectral range has only...
It appears that an Inverse Head & Shoulders Pattern may complete on the IBM 1 Day chart. If we pivot off a forming right shoulder pivot in the price range of $131-132.
NYSE:IBM
Spectro O is showing volume still moving in an upward direction, as well as the Spectro Ultimate Trend Analyzer shewing a solid beginning of an uptrend.
The price range according to...
BTC has been on a run up and as the top of Spectro Range, Spectro O is showing volume falling from the top of the murrey range and Spectro M is indicating that pullback is nearing, also at the top of the Murrey scale.
Spectro Cloud is showing a 3-4% pullback. Traded with leverage, could be a nice quick short.
-AlchemistLA
BNB has been one of the coins that have been steadily rising since the beginning of the year. After hitting the ATH of around 35 USDT again it has dropped heavily very fast. This might have to do with the recent news of strict terms of service enforcement for US based users. BNB plans to enable margin trading soon so this could be related to that in order to...
AMD appears to over extended, at the top of the Murrey range as well as Volume starting to decrease, as indicated by Spectro O. Spectro M is indicating a current volatility and price reversal zone, indicated by the light blue shaded vertical band.
There is a gap between the previous 2 candles that may be revisited. My thought is that price may revisit previous...
THe current status of DASHBTC is an uptrend. It looks like an entry is not to far in the future if a bottom entry was missed. It appears to me that a C&H is forming on the 1D chart. Watch for either a handle confirmation, or even a potential breakout... This is crypto after all. Fundamentally DASH is known to be active in parts of the world where economic turmoil...
ICX forming an ascending triangle. It is near the bottom of the triangle and Spectro's indicator has given us an UP, which indicates more upward movement. The Ultimate Trend Analyzer has already been green for a few days and is continuing to angle up. First resistance will be the top of the triangle, which also happens to be around the 50 DAY EMA. If it can break...
It appears that an Inverse H&S is forming on the 1H.. Watch for neckline confirmation, just a bit over $248.39.
Spectro M is showing an upward trend as indicated by the green vertical band on the lower portion of the main chart, below the candles.
A push may be here fundamentally on news of a possible Ubisoft use case.
Tight stop advised.
Analysis by AlchemistLA
Beyond Meat has been going crazy, opening up a possible opportunity to short! There are clear gaps between previous candles that will need to be addressed. Spectro M - X confirmations are signaling an impending pullback and a cloud has formed showing a level of depth to which the price may correct. True Strength on Spectro O is waining and pulling back out of the...
Currently, RTN ended the day with a downward momentum and is at the top of its trend range and reversing, as noted by the BB Fibo, Spectro Range and Murrey (not shown). The volume on Spectro O is showing volume moving upward just past the midpoint on its Murrey with plenty of room left to grow before it reaches the end of its potential range.
With the move toward...
VMW took a big tumble with over 20% drop from the ATH over the last 2 weeks. It seems to have found its bottom at around 166ish. It is very oversold on the Murrey's channel. The Master MACD is indicating it is beginning to recover. The Alpha-Omega Volatility also indicates an overall shift to bullish volatility. Warning and UP has also appeared to help confirm a...
PG, Proctor & Gamble recently hit an all time high. It is over extended in the top of the Murrey and was flagged by a Spectro Volatility Omega Alert in the previous candle. MACD is has reversed and Spectro O, tracking volume on a BB Fibonacci Scale is also showing the beginning of a reversal in the overbought zone. Spectro Cloud is also showing a predictive...
