SPY on a 30 minute chart shows a rising wedge over the past week. Price is now under a nearly flat upper trendline of resistance while the support trendline is rising. The dual TF RSI indicator shows strength about 70 while the zero lag MACD shows a K /D line cross. Because of this I believe, SPY may retrace to 468 or the level of the Fib 0.5. Since SPY is...
It's Strongly Rejecting The Resistance (4.90% - 5.23% ).... BreakOut Will Lead Crypto Market To Bleed BreakDown Will Turn Crypto Market Into Bullish USDT Dominance Works Opposite To Crypto Market Let’s Wait And Watch Which Side Will Be Played Out!
See the double top? When the markets open today I'll put a sell order, prices is testing the broken support. At the same time SPY is testing the 500 level and I think is going to be rejected again so expect another sell off soon. Is going to take more for the market to break out the 500 level. We will see a lot of volatility in on the upcoming days and I intend to...
XRP has been absolutely struggling to hold even mediocre gains as of late, and has now broken the June 18, 2022 trend low, which has held for a year and ten months. Is this a disaster for the XRP price in the coming weeks, or be an incredible buying opportunity? Let me know what you think in the comments below.
🔮#AGIX Analysis : Pattern Formation 💰💰 📈 #AGIX is making perfect Double Top Pattern and also there is a breadown of trendlind. We can see a good dump in #AGIX. If #AGIX sustains this breakdown then we will see a bearish move🚀🚀 📊 Current Price: $1.08590 ⏳ Target Price: $0.69057 ⁉️ What to do? - We can trade according to the chart and make some profits in...
It's Forming A Double Top Pattern After Testing $60K As Mentioned Earlier.... It Means It Can Again Go For $60K And If BreakDown Then $50K Can Be Seen .... BreakOut And Hold Above New ATH Will Make This Pattern Null And Void
An overview of all the pairs I am looking at for this trading week. Full breakdown in the video with analysis and explanations of what I will be waiting for before executing in the markets.
Breaking down a the megaphone. SPY making ATH. Buy buy buy!!! at every pull back
Price could bounce from safe zone although I expect price to break it and continue down
📊#MAVIA Analysis ✅️There is a formation of Descending triangle pattern on 4H chart🧐 Pattern signals potential price correction incoming after breakdown from the support zone 📉 👀Current Price: $6.0028 🚀 Target Price: $4.9735 ⚡️What to do ? 👀Keep an eye on #MAVIA price action and volume. We can trade according to the chart and make some profits⚡️⚡️ #MAVIA ...
#BEAMX/USDT #Analysis Description --------------------------------------------------------------- + BEAMX has formed a well-defined rising wedge pattern, which typically indicates a bearish trend in the chart. + Should the price breach the support line, we anticipate a sustained decline in price. + I plan to initiate a short trade as soon as the price breaches...
Tracking a pretty substantial Rising wedge on SPY 1 Hr. Could see a 10 point pullback if this does decide to breakdown. Looking closer at the 15 min, looks like we have just broke the bottom trend line of this wedge. Stay tuned.
In my previous idea of January 29, I bought LCID as it broke out of a falling wedge on news from Saudi Arabia fixing supply chain and production issues for body parts. LCID ascended the following day to fall down on rejection from the mean VWAP band line anchored in mid- December. On the 4H chart, another smaller and more condensed falling wedge is found...
4Hr head and shoulders on APPL. Could see a pretty substantial breakdown Once this right shoulder completes formation. Possible $10 point gap down.
Looking at NVDA on the hourly. It seems to be flirting with the lower trend line of the ascending channel. Could see a 15 to 30 point pullback here in a few, if it decides to break down out of this channel.
NSE:AUBANK has broken nearly 3.5 year old trendline today (in blue) and if this breakdown sustains then we should see 550 soon. Be cautious if you're long.
Another week is here, and last week we had some massive moves on the market. (Where we dumped as low as $38,500 and then recovered from there, eventually not securing that $40K zone as of now.). That's all natural movement from bitcoin, as we are witnessing a correction to the upper zones (near $43,500), where a lot of liquidity is currently lying. Despite all...