NASTICHUS

NASTICHUS

Wday almost reached its major supply zone 230. When its complete, I expect correction toward major demand level of around 130 There are also 3 intermediate weaker demand zones that overlap key levels at 203, 193, and 175. Overbought RSI is adding to the possible reverse move. I am going short after two confirmation signals.

NASTICHUS

I believe BABA is in a gray zone where the market decides if it’s time to push it higher or if it will slide to the level of the end of 2022. Below are the things I will consider. 1. Short conformations: - Symmetrical triangle pattern (green lines) - Declining RSI - The money flow index keeps declining - Possible H&S neck breakdown (blue lines) Target -...

NASTICHUS

Are you ready for correction? #SPY seems ready to follow the double-top pattern In addition, RSI is overbought, and MACD is ready for a change. I would add that major quarterly reports are published and they are not very impressive. All this might push the market to re-evaluate positions and adjust targets. For the next couple of months, I would expect about...

NASTICHUS

On weekly chart Ford is completing to form one of the bilateral pattern - the Descending Triangle. I am keep watching on further trend to make a decision on entering the position. Will it broke upper line or bottom line then short or long position will open accordingly. The upper target is around 20 The lower target is 5

NASTICHUS Updated 

At this point, I see the Black Swan harmonic pattern, so if BTC does not pierce the 25K resistance, I would expect a downside to the 20K level, where also is significant support.

NASTICHUS Updated 

It looks like a bearish megaphone pattern for me. So I'm planning short with $72 as the target. *Not a professional recommendation or advice