Apple gapped below the 200 day moving average today, and we even saw some baerish follow up during the day. Apple below the 200 day moving average is very significant, happens rarely and if it happens, usually we see a bigger correction then.
We are in a pretty solid channel atm, with decent reactions at the supply and demand side. Should we break that channel...
Currently we are inmiddle of one of the most chaotic times, and stockmarket is starting to price in some serious fears into the market.
Just eventually be prepared, that wallstreet might be aiming for some real deep value here.
Btw. currently we buy the 100 week average price on nasdaq, not the worst spot to maybe start a fresh longterm depot, DCAing on the way...
Crypto TOTAL market cap fell back into the price channel once more, after the current situtaion in ukraine keeps the markets on it's heels.
Also that short term demand line got broken as well.
Depending on how reliable the volume is in the TOTAL chart, the volume in the selloff was pretty huge as well.
We might see some violent moves in the crypto market soon,...
Digital Turbine ($APPS) got smashed down right on the 200 day moving average, after earnings.
We have kind of a triple support here, the 100EMA daily, the 200SMA daily and the 50retrace from the last run.
If this level holds for a support, we might see a sharp rallye of this levels, $APPS is a very strong performer, when bids are coming in
If $APPS cant hold this...
Hey fellow Nexonians
I`m back with another Nexo markup after the last one played out great so far! Its really nice to see how Nexo succeed the last few weeks, i`m really happy that we managed to break the last big resistance without any big announcements and we also managed to surive the big BTC dip better than mpost of the ALTs, thats a great sign for Nexos...
CADJPY BEARISH SHARK PATTERN
Market Sell Order Set Up.
Sell Entry: (82.685)
Min Take-Profit: (81.929)
Max Take-Profit: (81.330)
Stop-Loss: (83.209)
Max Risk-Reward: (2.59)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
As we can see the chart show us divergence so it could be a signal of a trendswitch.
Also important is that USDJPY is very close to cross 20-MA from top to down.
The main target for this idea is 108.11.
Have a good trading week!
