Squeezemomentum
LTCUSD : SHORT AND LONG OPPORTUNITIESWhile bears is taking over the market, just analyze the chart to take corrections opportunities during the bearish momentum.
Now we are at the 50% Fib and we may expect a bottom pattern if we want to trade a possible upward move. Check the hour-chart or 4hour-chart to see if entering for a short trade is interesting. Moreover, to be sure, take a look at the BTCUSD chart.
On the long-term, either LTCUSD stops the bearish momentum between 50%-61.8% Fib and we would see the wave 2 of Elliot impulse wave formed, or we would return to higher lows than the one in March-April.
Whatever, with the Squeeze Momentum indicator, you could see that bearish momentum won't be higher than the two previous bearish moves.
I draw three zones that match the Fib retracement levels. That zones are important and are often in which consolidations happen.
Some updates coming if there are some changes.
XRP LONG TERM BUY. BULLS ARE BACK XRP has completed a 78% retracement over 34 days and found its bottom.
DAILY MACD has given a bullish signal
Bullish divergence indicated by the red and green arrows with squeeze/momentum oscillator.
Price has broken SMMA 50 for a second time.
Targets are based on Fib but there really is no telling how good/bad news will affect the market in 2018
Buy zone 1.0 - 1.10 Stop loss 0.95
OMG Looks Good HereThis is on the 8H time frame. We have a bollinger band squeeze close to the Keltner bands with momentum picking up with a green bar which indicates the direction of the energy release. The Wavetrend indicator looks good too with the line above the dots. Price also using top of cloud as support which is a good sign. Lets see where this thing goes.
Emerald Health Therapeutics $EMH.V Emerald Health Therapeutics Inc through its wholly-owned subsidiary is engaged in cultivation and selling of medical cannabis out of its facility located in Victoria, British Columbia.
Looks really good on the Weekly Chart. Coming out of a squeeze. Watch for a close above $1.38 for trend confirmation. $1.80 is my target.
AMZN bull run to end in the short termBulls are running out of steam.
- The last few candlesticks show bearish momentum could start soon as we failed to hold on to May's high.
- A dark green bar shows on the (TTM) Squeeze momentum.
- Bearish divergence on CCI.
- Ergotic MACD is moving up which suggests the price will go down.
I expect a retracement between 0.382 and 0.5 before the bull trend is established again.