Thought this could breakout with the resurgence of covid in Malaysia but you can see 8ts already turning over in the RSI. Candle sticks are getting shorter also which let me know that bulls are losing strength. Money flow says overbought .Grabbing some June 25 222 puts
as oyu see the btc is going up and crossing the ichimoco up. the price is breaking the triangle. be carefull and ready for buultrend
Over the last few days bitcoin has shown us a number of reasons to indicate that this short term down swing has reversed. The good news is that: Bitcoin has broken out of the triangle to the upside The MACD's histogram has been moving in a positive direction since the 19th of May The RSI left oversold territory and has stayed above 30 - indicating upward...
Presented is my 1 hr chart set up for DXY based off support and resistance. As you can see I target whole numbers that play true in psychological zones. I sentiment a bull push to target 90.200 and then 90.500 with a push to breach for continuation. Indicators are current towards a bull run as MADC?SIGNAL is correlating high volume with lines crossing in the...
The daily and 4H MACD and RSI deviate, and EURUSD may fall further. The cloud belt is relatively thin, and it may fall more strongly. See S1 in the month.
MACD and RSI deviate from the end of the day line, and are in the bullish phase cycle, DXY may rebound, and R1 in the test month. The clouds are thick here and may be under pressure.
Silver seems to be suffering resistance near R1, so it needs further correction to continue to go up. The place where I draw the red box is very important. According to the price behavior after the close, it may rebound and stop. Then there's S2. The mood also shows this, bad mood.
Yes, PLTR did break the pivot point we mentioned yesterday, and it quickly hit its resistance again. I’m still waiting for a better risk-reward ratio, but I’m happy for those who did catch this trade. Now, the chart looks like a flag pattern, but I think it has to hit the 20ma one more time, at least. The 4h chart looks very overbought, and it is in a...
Tesla is doing some interesting movements today! Yes, it failed in dropping to the 596 as we’ve been expecting, but we might be at a support level right now. First, consider this advanced breakout seen in the RSI. If TSLA breaks the 606.52 it’ll confirm the ab and Tesla might seek the 616 again, or even break it to the next resistances. If Tesla doesn’t lose the...
Yes, NIO is doing amazingly well, but nothing can go up forever. At one point, we’ll find NIO around a support level again, and this is going to be just another chance for us to trade it again. We did a great trade last week, so, I'm fine waiting for the next one. For now, we see that it lost the 20ma, and the volatility is decreasing, as the BB gets tighter. The...
Yes, AAPL is very weak, and it is in a congestion in the 30min chart. I updated the points from our last study here, and the new resistance is at 125.23, while the support is at 124.12. It is true that the RSI is showing an advanced breakout, and the diverge we observed yesterday persists. This makes me wonder if AAPL will hit the 126 again if it breaks the...
Short opportunity based on bear divergence on 30M/1H TF and test of liquidation screener higher levels Also, to confirm continuation of uptrend, price should form the new LowHigh NOT FINANCIAL ADVISE TEST OF THEORY Welcome to discuss
Trend: Bearish Structure: Breakout and retest of horizontal resistance Plan: We have identified a level of resistance which has price has broken out. Upon retest we look to take a short down to 0.5Fib level as show by the lower resistance line.
Defensives have been outperforming the S&P 500 since March. If you believe the outperformance will continue, then now might be the time to buy, as they are approaching the support line. I'm particularly watching utilities. In addition to being a classic defensive sector, utilities also have "growth" potential. They had a period of strong outperformance a...
The potential of the coin is amazing. We have a weekly stoch RSI cross forming. Weekly stoch RSI is a very powerful signal. ANKR current statistics - Ranked #97 - Already on Coinbase & Binance - Ankr marketcap is 750 Million - 6,996,232,711 out of 10,000,000,000 circulating supply Lets compare marketcaps... Vechain is worth $8 Billion Matic is worth $12...
We are seeing a huge zigzag forming here. It's a beautiful sight and a sign of things to come. Fibonacci goals are in green and invalidation is in red. Not financial advice - do your own research.