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Pivotsupport

Peri Highly Likely to beat earnings!My prediction is that the over-reaction on taking profits created the fall in price, bringing a new position to get settled in before earnings is released. I believe that we will be rising from the High 7$ & low 8$ by the end of this week. Still is another full week in the market before week of earnings which can create a little more consolidation, however due to the last bear candles showing we are on a pivot to an equal 9$. I am thinking Peri will be surprising us big ups on the earnings call especially because it is currently undervalued. Do your own research before investing. I am not a professional or expert, I am just providing an idea that I believe is going to happen. Share your thoughts & opinions! We are here to rise as a team<3
NASDAQ:PERILong
by jovannygalvan23
BTC shows a strong bearish favor in weekendBTC shows a strong bearish favor in weekend After a dump and pump of BTC on Sep. 19, 2019, BTC's price has formed a descending triangle pattern on the M30 timeframe. Though local resistance prevents BTC to go down, most of the indicators on most of the lower timeframe (H4 and lower) point to bearish favor. Though triangle patterns are the bilateral patterns, which means BTC might go on either way (up or down). From my experience, the price will have more chances to break down local resistance at the end of the triangle. A SHORT idea with the final target to be on 2nd local support, with a protective stop at MA20 is recommended. Important supports and resistance are as shown in the chart.
BITMEX:BTCUSD.PShort
by Batrachotoxin
#bitcoin - Daily Pivot & Weekly Pivot SupportsAs mentioned yesterday, we are not out of the woods yet. Currently, the Daily Pivot is working as support followed by the Weekly Pivot in case this fails, which can fairly happen. We are at resistance now accumulating beneath it, which is normal and not worrying me by now. I have marked my bearish levels when I would start to rethink the bigger picture, so far no reason for that. We are still on track. "H6" Eve remains unchanged for now. I am not going to set targets for today as I am not sure if the market has any power right now to move on to next Pivot Levels. Might take a little. _____________________________________________ Warm regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
2
ADABTC looking for that swing opportunityCardano! Shelley! Or just a flop? Buy the rumour, sell the news? Seems like this is what happened to Cardano, with a nice swing high, breaking out from its inverse HnS, together with much news on the explorer, partnerships, Shelley testnet etc. Anyway, enough ranting about old news. So what is the chart telling us now? I'm rather optimistic for the following reasons: - RSI divergence (lower lows on price, but higher lows on RSI) is signalling some reversal pattern. A similar RSI divergence can be spotted at the peak of the Inverse Head. - This coincides with ADA's last bottom at approx 800 sats - 800 sats has proven as a critical level of support - Yesterday's candle closed a 'bullish doji', indicating weakness in the bears to pushing price below the 800 sats range. Regardless, if the bears fail to break this critical support level, likely we will proceed with an upward rally, i'd be looking at the 23% fib or 1080 sats range for the first exit point. Notice that this is a the support level, or the peak of the Inverse Shoulders. The next level ideally would fall around the 50% fib or the previous Inverse Neckline, or 1350 sats range.
Long
by gingerbre4d
2
BAT juicySimple TA on Basic Attention Token (BAT) No complex TA, just plain vanilla. Looking at the longer term support trend, we see BAT testing this support with an increasing divergence on the RSI. The likelihood of BAT pivoting at this point is not clear yet, as it is still too early to tell. Regardless, I'd say this is a good RR ratio with a tight stop loss. Targeting conservative profits to be booked in at the 23% fib puts this at 5000sats or 35% ROI. If this indeed results in a full blow reversal, track chart patterns closely to book in staged profits.
Long
by gingerbre4d
1