Cardano broke out of 6 months-long range-bounded price action and started to rise. I expect more upside along with the rest of the altcoin markets. Happy trading!
By looking at the ETHBTC chart it becomes evident that Etherium started outperforming BTC as of late. This is still true even if you take into account quite a strong recent BTC raise all the way to 42K region. In my view ETH outperformance is going to spill over to alt coins as well. We are seeing that actually happening right now... Does that mean ETH and other...
Tesla fought and won in the fight of breaking the declining trendline. I expect growth to continue, all the way back to the previous highs. Happy trading!
Hello trader community. After a enormous run all the way up to the $80s, NEGG collapsed in the following weeks, loosing most of its gains. Looking at NEGG chart now, do you think the decline is over? Will the recent news about Litecoin help this e-commerce platform stop the decline and start growing again? Comments are welcome and please do your own DD when...
As I mentioned in my previous idea, NIO was about to correct around $51 dollar area where it hit the resistance of the downward sloping trendline. That indeed happened as expected. The correction that followed leading the price of NIO down to $38-$40 area in my view presented a nice buying opportunity and still does. What we are witnessing in today's price...
Squarespace's price action demonstrates the signs of a successful IPO in my opinion. To confirm this idea, I would like it to bounce here and continue going up. Would you guys agree or disagree? As always, do your DD especially when it comes to IPOs as they are extremely volatile. Happy trading!
USDCAD may have more room to go higher from here. CUP of COFFEE or a CUP of STEEPED TEA with a handle pattern (in case you prefer tea :)) Happy trading!
For ETHUSD to turn decisively higher, the RSI should break the resistance of 50. As for the moment, this is not happening and I expect a pullback to $1950-$2000 zone. This price range nicely coincides with 200 day moving average. Once the price touched this price range, a bounce would increase the chances of bullish continuation. Historically 200 MA provided...
NIO has two options at this point: 1. Continue it's upward movement into to $60 area or 2. Pull back to $45-$46 dollar zone before continuing higher What's your take? Happy Trading!
Broken Rising Wedge shows weakness of the index. Expect to fall and find support around $36-$37 area. Happy trading!
COIN triple bottom and continuation on the break of the resistance. Details are on the chart. Happy trading!
I drew resistance lines on the chart, which were not very obvious to me initially. Now I can also spot RSI divergence, which may point to a move, brewing under this coin's surface. Several attempts for a breakout failed recently and $0.000010000 seems to be the first resistance standing in the way of the recovery. Another breakout attempt, however, may be...
Can anybody else see that? Could that be in the works? Happy trading :)
The designated area seems to provide support for AMC apes during recent stock volatility. Details are on the chart. Happy trading!
The chart shows it all... Comments and feedback are welcome!
After successfully closing the gap b/w $4.70 and $5.50, Transat broke reclining resistance line and started to fly higher. First target is $11 after a successful break of which, $16 will come into view. Enjoy your flight! P.S. As always please do your own due diligence and market research. Happy trading!
If so, potential targets / resistance are given by Fibs level of the decline. Comments and likes are welcome!
The recent price action suggests Bitcoin is ranging within the band created by 30K support and 42K resistance levels. Since the volume has been pretty weak so far after the crash from 64K high, I see a possibility of revisiting 30K levels again which, in my opinion, would be a great opportunity to buy or add more for the long term. Patience is key, so sometimes...