Interestingly enough ICP has just crossed above the 200d MA for the first time in history. Could be the beginning of a breakout towards the $14 area. Be careful of a rejection here though, as it could get bloody very quickly. Either way, definitely worth keeping an eye on.
Welcome XRP friends! Wondering where we're going? Here are some things to consider : As we come out of our US Thanksgiving Day food comas, we're looking at some decent gains on the most recent run BUT, you're asking if this is it? Honestly, I think it still has legs for the 0.45 area where we find resistance at the 200 EMA Look at the fork and see if it makes...
Ah yes, the classic bullish falling wedge overlapping a bearish head and shoulder pattern; tale as old as time. We can see price action here on the weekly chart is getting very near the apex of the falling wedge….however it has also closed several candles below the neckline of the h&s pattern. Still not certain which of the 2 patterns will win out but it does...
Let’s have a look at the BTC/USD 1 week chart and see what this chart and indicators are telling us. BTC is still in a massive Falling Wedge Pattern. BTC is also still in a massive Ichimoku Y-Wave pattern. Note that the 50MA is still traveling DOWNWARDS towards the 200MA so we still might see a Death Cross on this 1 week timeframe. At the moment of typing...
One of the bigger green candlesticks we’ve seen on the daily chart for silver in awhile…would not be surprised if this breakout takes us to the $22 measured move target. The 1day 200 ma(in blue) will be waiting in that zone to likely provide resistance. *Not financial advice*
SPX500 is facing strong resistance, 1 - touching a trend line that started on January 22 and touched again on March 22 and August 22. 2- A touch of the 200-day moving average. 3- Touch the ascending channel's top trend line. 4- Entered and exited a supply zone. On the 4 hour time frame, I see a head and shoulder pattern with a divergence on the MACD In order...
Good morning. Last week we finished the week in the green even with Powell speaking on Wednesday. And now, we are hanging out at the 200 day. So.... where do we go from here? The charts are telling me to be bullish, but we should remain cautious at this level. The overall big picture makes you sit back and think. We visited the trend line from this years high back...
Chart says all. 200 DMA been the pushback all year. Probly gonna dump again to give us a right inverted H&S. The next rally will likely breakout above the 200 and really rocket. Be ready. Short-term short; longer-term long. NB: 0.618 Fibo was 4007 from the 16 Aug peak (not shown). trading slightly above it here, pushback Weds PM went to Fibo. Probly a good...
Extremely clean setup, Breaking the rectangular pattern. Atul Auto went highly bullish , 55% up after braking the consolidation range. This one I hold in my portfolio. Only regret I have is why didnt I add more. Gap is perfect, Weekly resistance level broke with good volume , Breakout came with good volume . Sustaining the breakout with volume , Broke 200 DMA...
Looking at the BTC/USD 1 week chart, we can see that the 50MA (Yellow Line) is now getting really close to the 200MA (Red Line). A crossover would signal a Death Cross on this 1 week timeframe. Looking at the entire history and available data on this BTC/USD 1 week chart, we can see that the 50MA has never crossed under the 200MA on this 1w timeframe. Note that...
Bajajcon closing above 200 day moving average. Trading in extremely right range, in a narrow range for 90 days. A definitive closing above 175 can begin new up rally. Just basic TA. Nothing more. Lets see how this one holds.
Let’s have another quick look at the VET/USD 1w chart. Here is a closer look at this 1w chart. VeChain is still in its Descending Wedge Pattern on this 1w chart. Note that VET failed to close a weekly candle above its upper descending trend line of its Descending Wedge Pattern at around $0.0286. $0.0286 was also the previous high from Mon 23rd Jul...
SPX500 Back at 200 MA Historical Support Look For a breakout of descending resistance with volume CPI Data released with a bullish outlook
Posting to watch this stair set pattern that I have been developing. Expecting buyers in this green trendline range. A move to the 50ma Weekly is to be expected, and from there a rejection would setup perfectly for another short position.
Hi traders, EURUSD is hiting channel trendline support and also 200 moving average, i am expecting from price to go back and stay with in the channel GOOD LUCK.
We are all looking at the same chart and thinking the same thing. SPY COULD have a serious bounce on the 200ma with a POSSIBLE bullish divergence on MACD and RSI. Many have already begun to FOMO into a possible year end rally as we have been rallying hard the past few days. This year is also a midterm election year (midterm election years usually have a rally...
If SPX catches support at the 200 day MA on the 1W, that would be🤌 and TA haters will be very quiet lol Wouldn't expect a macro trend reversal necessarily, but I'll be looking to open some altcoin positions if this happens. Happy trades, CD
In the previous cycles the exact bottom was one candle before the 200 ma (orange line) crossed up on the median line in the gaussian channel on the 3 day chart. The yellow vertical lines are placed at one candle before the crossing. If we don't reach a new low this cycle, the gaussian channel has predicted the exact cycle bottom a third time.