pullbacks from the 4h buy signal proving to be a great low-risk entry
BTC stalking a leveraged long entry
we're still stalking for an entry to add leverage to our bitcoin exposure. let's review. BITSTAMP:BTCUSD
It looks like we are setting up for a Wyckoff top in bitcoin. If you are long consider taking profits!
We've got a nice breakout the other day and we are trading close to the support line. Stop at the orange line. Targets on chart.
We're getting some nice consolidation right below the resistance and close to the recent highs. I've highlied potential targets
Interesting technical setup, decent fundamentals
as expected, we've had a very nice pop in the last few days followed by a 9% shakeout on sunday. i think this is just a way to get rid of the over leveraged players before another push higher
some interesting developments after the horrible bear market.
If the SPY is headed down - then the IWM will crumble. It's the weakest of the DIA, QQQ, SPY, IWM crew.
Think the algos and humans will start selling it now - let's see where it ends!
Horrible action for bulls today but there's divergences on the RSI and MACD on the 4h charts. Daily RSI has never been so low... High assymetrical risk reward play here...
This is a high quality semi conductor play that's down 74% from the top. This is a potential takeover target for M&A. We're expecting a pop at least to the $15-20 area in the weeks to come.