Sliver Futures (SL1!): I am probably crazy to even look at this Quarerly chart. However, it looks like it is going to break to the upside out of a huge 10-year old (?) cup-and-handle formation. What if it is going to materialize? Are we looking at potential gains in silver as the traditional TA measurements show? Is the chart indicating potential appreciation...
BCH seems to follow the bull market rules by perfroming a bull flag breakout "by the book". Folowing the breakout, we can expect the price of BCH to reach as high as $800. As always, please do you research and challenge any ideas :) -LTT
Bull flag seems to be developing in Silver futures on the monthly chart. If the breakout happens, it could lead to decent appreciation in the price of the precious metal. A breakdonw below $20 mark would invalidate this scenario. Appreciate any comments and happy trading! -LTT
Silver is SUPER BULLISH on the monthly chart. First time since Jan 2016 it touched 200 Monthly MA and found strong support. We are at the end of the month of July and a strong close would translate into a hammer candlestick on the monthly chart. In any trader's book is it a very bullish sign! What do you think? Is silver going to go up and why? Looking forward...
Last time it happened to the RSI, Chinese index rose back to $32. Is it back to life? Do your own research and share your ideas with others! -LTT
Transcontinental (TCL.A) is one of the Canadian Dividend Growth companies that I like and follow closely. Recently I noticed a nice cup and handle formation on the chart that may be a sign of future growth. Once we break $20.50 price range definitively, more upside is possible. Please send your comments and do you own research. Happy trading, LTT
For those who have been patient with DWAC and pick it up while bottoming, your patience may soon be rewarded! Once we break $65 level, the path to the moon is open. Actually more like $123 level :) Happy trading, LTT
Looks like an almost perfect picture for BTC at the moment. But before we continue to move higher, I believe BTC will have to pause/ rest around 40-41K price range. Would it continue moving along the raising weekly channel? A million dollar question :) Happy trading, LTT
1. NIO is back above $30 level, does it look like a fake / shake-out to you? It certainly does to look like that to me! 2. Now have a look at the weekly chart and see how both Fibonacci 61.8% level and 100 weekly MA create a nice confluence at the rebound area on the chart. 3. Nice confluence leads to stronger confidence in the price at this level. 4....
It is interesting to spot similar sized structures on Spirit's Weekly chart. See those rectangular structures? They are exactly of the same size. Could that be the new variant gives us a new opportunity to invest into Spirit Airlines? Your comments and likes are welcome! LTT
Hello Trader Community! I wanted to point out a fact that on a weekly chart bitcoin shows resilience at these price levels. As it is shown on the chart, the 50 Week Moving Average line was successfully tested 3 times recently, providing strong support so far. Do you think this price level will hold or will bitcoin test lower levels? Share your thoughts and do...
Hello Trading Community! Here is my quick analysis of ENJ recent price action... I started following ENJ about two months ago and posted an idea (see in the links below) where I first noticed the occurrence of a strong breakout. Since then ENJ has been performing nicely, bucking the uptrend. As you can see on the chart, ENJ has been diligently working to...
ENJ is an interesting al-coin with a business case / utility related to online gaming. It seems to form a nice bottom and now looks like the breakout is in progress. If all goes well, we may see nice gains in this coin... So far so good - it is already up 9% since yesterday and its raise seems to gain more momentum. Happy trading!
I was quite amazed when I looked at DOGE on the weekly time frame. The chart looks very strong to me. I would not be surprised if it raised all the way up to 60 cents, would you? Happy trading everyone and please do your own DD and share your ideas :))
AMC so far sustained the sell-off reaction post earnings and was able to hold the critically important 61.8% Fibonacci levels. The price holing those levels should be interpreted as a confirmation that the sell-off could be tapering off... Let's see! Happy Trading and please do not forget to do your own DD! LTT
Hello friends, If you are invested in COIN or just following it, do you think you run for the hills or just be patient? If you zoom in and look at the 15-minute chart, you would see that the price action indicates a textbook gap-fill activity. Would you agree or disagree? Please remember to do your own due diligence when making financial decisions. Happy...
That this gap will be closed. Expect a bounce around $47
Based on the double bottom targets we can expect further upside in CAKE.