Bullish Ascending Triangle or even an inverted Head and Shoulders. Target would be quite high as you see on the chart. As Bitcoin hasn't topped for the moment IMO it has a high chance to succeed.
We also have a monthly reversal signal on NPXSETH.
Good bet! Happy trading!
Watch that 14300 zone for a short-term entry. Curious if we find a trend reversal here.
If not, BTC based on the 3D chart is at least going to drive another 5 Days till it reaches a potential significant turning point.
Bitcoin should see downside pressure from here on.
Potential to drop to 10700 and from there we will have to see if this support holds.
Expecting moves in Nasdaq, SP500 and DJI to drag BTC down with it for a certain amount of time. With it I expect ETH to drop for a few weeks as well.
RSI showing divergence. TomDemark showing top for ETH. Trendline hitting...
This is not healthy... Apple going parabolic... When is Huawei going to launch and when is Xiaomi going to take over a bigger part of the market?
Could Apple's Stock crash early 2021 after the elections? I think we could see one more huge leg to the upside on Apple to 200-300 levels where it should crash at some point.
On the other hand US prints trillions....
KAVAUSD and other Altcoins with massive Head and Shoulders Pattern.
This will drag down KAVA and frustrate lots of holders. DEFI was a bubble which burst.
Again hype was such a huge signal for the whole crypto space.
With the uncertainty regarding US elections, Covid-19 the stock market already started it's correction and so will the Crypto sphere.
Algorand looking as if it is building one massive broadening triangle which could go into both direction when hitting the bottom.
Looks very bearish at the moment. Also built a H&S in shorter time frames. Good luck with that one!
I think we are ready to drop.
Amazon and other stocks such as Tesla, Lime, Xiaomi are ready to correct.
Perfect time, a little sooner than the expected Corona problems which will come in October and the US elections which will cause uncertainty.
USD will rise in price as well. Interesting times!
Curious about LIME Technologies.
I think this is still a business which has huge potential, but with Covid19 Lime must be suffering as well and there financial numbers won't be great this year.
The hammer candle on the last daily close shows a potential reversal.
Furthermore we have TD Sequential signals in the weekly.
Let's find a longterm entry on LIME,...
Because my last post has been deleted, one more time here:
Tesla should be ready for a correction,
1. TD Sequential shows signs of a correction.
2. RSI has a divergence.
3. Doji candle and the subsequent candle closed below doji
The overall longterm trend looks quite bullish on other timeframes, therefore it should be a correction in the next days and not a...