motleifaul

motleifaul Updated 

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 Updated 

The bottom 3 weeks ago seems to hold. The first move up from there has been retraced and another rise may be expected which may be seen as a confirmation of the bottom then.

motleifaul Updated 

2 weeks ago we had opened wid a downward window. Now we are going to retrace the decline and may go to close the window.

motleifaul Updated 

We have retraced over 50% of the fall from September 2022 until July 2023 now. I think that this is worth to buy some euros for a downward correction of the dollar.

motleifaul Updated 

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 Updated 

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

As the bias ist still bullish and we have retraced 62 % of the January rise now it seems possible to try a new rise to test the high once again.

motleifaul Updated 

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 Updated 

It is not only the fast parabolic rise that makes me worry but also the very strong resistance here. A correction seems to be due. But I don't see a sign of a declne yet. Thus I will open a small position only.

motleifaul

Today's spike led us back into the trading range that had prevailed since September. It may be a sign of a bottom at the end of December.

motleifaul

The cloud is rising and we have corrected half of the rise since September. Thus a rise to test the previous high may be expected which may result in a Fionacci retracement of the December fall at least,

motleifaul Updated 

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.