Yesterday Bitcoin established support from the 1D 200EMA at $42.2K, it formed a double bottom at the hourly chart. This could indicate the bottom or a reversal. However today, the reversal is challenged by the resistance from 3D 50EMA at $45.8K, it just formed a double top. It seems that the area between $42.2K and $45.8K will be range where bulls and bears will...
Bitcoin formed a double bottom at 42K. It's at the daily 200-periods exponential moving average.
Normally I would look for a buy close to the uptrend. In this situation the support between 1072 DKK and 1056 DKK seems solid enough to enter the trade a but more aggressively. I have a by order at 1064.5 DKK.
a few thoughts on the price action and potential risks ahead.
Now! is a good time to buy and hold $VZ For 2021, Verizon expects: Service and other revenue growth of at least 2%, including total wireless service revenue growth of at least 3%; Adjusted EPS (non-GAAP) of $5.00 to $5.15; Adjusted effective income tax rate (non-GAAP) in the range of 23 to 25%; Capital spending to be in the range of $17.5B to $18.5B. In this...
3 opportunities to buy and take profit at psychological resistance of 13K. Besides support from price reversals and exponential moving averages, it's recommended to look for 'decrease in MACD histogram', or 'RSI oversold' before entering a trade. The trick is as always to combine information. Happy trading!
A lot of traders are claiming that we are in the biggest bobble in history and so on. I want to share this perspective in parallel to these doomsday traders. One could claim that we are simple back on track.
I expect that DSV will begin to move upwards again, it seems that the weekly 20-period exponential moving average is providing solid support. This is a 16% discount of a great company. I have a buy order at 979.8 DKK.
It seems that the trend is finally turning in favor of Barratt. With a slight interruption from BREXIT negotiations and uncertainties in relation to that. I'm not concerned anymore about BREXIT ending without a trade deal. So with a discount of around 12% on this great asset I have created a buy order for £ 584.6.
Apple could go sideways for a while. Wait for breakout and confirmation before entering the trade.
Buy order set to execute at $471.65. I expect it to retrace back to uptrend and reverse up.
Our little friend is being squeezed from sellers on one side and buyers on the other side. That can't continue. It's said that the harder the squeeze, the more explosive it gets.
7 Reasons to go up: 1) Price went above downtrend 2) Price is trying to get through resistance 3) When it gets through resistance, the road is clear 4) Pivot trend is green 5) MACD is about to change direction 6) RSI14 is not overbought 7) Spark airdrop
Sharing is caring! My reflections on XRP and the movements likely to happen in near future.