motleifaul

motleifaul

The bottom seems to be a bit broader than I had expected previousely. So my stopploss had been to tight. When we see the weekly picture then we are still in region of the 2024 low that may still hold. If not then the bottom zone may be as broad as to the 2023 low at around 82.

motleifaul

At least since October the price has been risen almost without correction. Now a top has been built in December and the beginning correction has been corrected today. The corrective way down may resume now.

motleifaul

The August top, the October and November low build a support zone now. It was tested several times in October and November and has held so far. With newly upcoming momentum shown by the Stochastic it can be expected to hold again.

motleifaul Updated 

We have reached the April bottom again now. This was a retest iof the 2023 bottom. Thus we've got a good bottom zone now which may hold this time again at least for an upward correction.

motleifaul Updated 

The chart looks identically to the SOL one. Therefor I don't write an additional text here. Interested people may look here:

motleifaul Updated 

If today nothing special will happen then we may see the ordinary Fibonacci retracement now.

motleifaul

Last week we have exceeded the trading range since July. This week we are retesting the Top of the range again. Appreciating the outbreak this may be a chance to buy again.

motleifaul Updated 

The current uptrend has been retraced by over 25%. I see it as a possibility to buy back into the trend. Perhaps the coin will fall back until the March high. But the trend will be still valid then.

motleifaul Updated 

After the impressive rise we are seeing a declining momentum now. It may be seen as a sign of an ongoing downward correction.

motleifaul Updated 

Today we are seeing a correction of yesterday's rise. The process of bottom building is still intact however, The 50% intraday Fibonacci retracement may be used to bet on a further corrective rise.

motleifaul Updated 

Yesterday's star is confirming today. It is a clear reversalpattern for me.

motleifaul Updated 

The rise since end of September has been retraced now sufficiently. The momentum is still high enough and a continuation of the trend ma be expected.

motleifaul Updated 

By Fibonacci rules we have corrected almost 68 % of the rise since November 14th already. If we can imagine a rise of the ADX from here we may assume that this rise can restart from here.

motleifaul Updated 

We have now reached the window opened on December 4th and almost closed it. This may be considered as a target level in the downward correction. The recent uptrend ma be continued from here on.

motleifaul

Today's shooting star is confirming that we are in an overbought condition. We have reached the all time high of April 2022 again. This may be a strong resistance for the first retesting attempt at least. Thus the next few days may be willing to trade in lower ranges.

motleifaul

After the heavy fluctuations in May we are trading in a range. Since November this range is broadening but within a rising bias. After the short term rise last week which can be considered as a signal we have corrected downward again. We are close to the bottom of the range again now and if the stock will really rise then this may be the chance of an entry.

motleifaul Updated 

We try to built a bottom since August already. We had failed in September. But the following rise could not close the broad window of September 1st. Subsequently the price fell back again. Now we are back in the old September range. If we consider the whole trading since 1st September as a long broad bottom then we can expect this to hold again and another rise...

motleifaul Updated 

The rise since June has retraced almost half of the Fibonacci retracement. As the trend is intact and the level reached is the intermediary top of May it may be a good time to build a position to profit for the continuation of the trend.