Notes: * Strong up trend * Health care sector showing strength * Breaking historical all-time-highs of $57.9 with a very bullish week * Recently bounced from the 200 Day line and the 10 week line with very bullish price-action Technicals: Sector: Healthcare - Medical Distribution Relative Strength vs. Sector: 3.34 Relative Strength vs. SP500: 1.82 U/D Ratio:...
Traders, Here's what I need to see before I start to dive into these crypto trading waters. -Stew
Welcome back! Here's an analysis of this pair! **EURCAD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in...
AZN on this Monthly timeframe is extremely bullish More interestingly though is the inverted H&S patterns that have formed a long this 50MA line I have counted three in this post, all leading to a bullish result More of a creative post
MRK has seen strong bullish movement in the past, right now it is in recovery phases of its last bearish move This can be compared to an earlier phase in price development (in rectangle boxes) Once this recovery is completed strong bullish movement should ensue, pushing price above the trend line in white 50MA is in white
Welcome back! Here's an analysis of this pair! **AUDCAD- Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in...
I’m not saying this pattern will validate or even that it will reach its full target. However, it is currently in play so I felt the need to post it here. We just recently got a lower low on the weekly chart which could easily confirm the bear market especially if we follow that up with an uptrend that ends with a lower high before it reverses back to the...
Btc continues to decline and some people seems to forgot what the defenition of bear market is. How to know if this is a bear market? 50MA goes below 200MA and price is below 200MA. Simple rules right? Usually it works for 1D charts. And what about 3D charts? Bigger timeframe = less false signals. And we about to have our 3rd death cross somewhere in the middle...
Welcome back! Here's a potential buy scalp opportunity for KiSS 2.0 Strategy or whatever entry criteria you use. ***AUDJPY - listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our...
A possible bearish flag pattern backed up by the 20ma crossing below the 50ma. Also the NZDUSD pair has been in a steady decline. I currently shorted the pair. We must keep in mind it has been oversold according to the RSI, so there may be some short term upside.
$AEI Has consolidated after offering announcement and is ready for the next leg up bouncing off the 50MA. Click the link below to see the massive DD Compilation.
A possible double top that may lead to a bearish reversal sending the EUR down. Around 75% of the time double tops lead to bearish movements and about 83% of the time they break the neckline. Usually strong bullish moves leading to the second peak force a strong downward movement. Looking at the 4hr chart the trend is moving down with the 20 moving average...
If bulls hold the 350 level then I don't think this scenario will occur however if they don't then: Potencial scenario Because of weekly rejection of the 50MA + confirmation of a hammer candle, I expect the market to dump to the next support, the 100MA, and trend line at ~325. It will hold the support and go back to the 350 level however bears reload and...
$ADA had a long term downtrend of -70% towards bottoming since Sept 21 2021. The cross of resistance is major on the 2d chart alongside with a breakthrough of a 50d moving average. Last time we seen this ma cross was in August 2021 where it led to a +121% gain on Cardano. This cup and handle forming on a smaller time frame on the 12h chart shows strength and...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC /USDT update. BTC looks good in LTF. In my previous BTC update, I told you that $40.5k is an important support level and so far BTC holding that support and bounced. Now let's get to the chart. BTC is breaking out from a descending channel in 2hr time...
The price has placed a candle beautifully on the 50MA this is a very bullish weekly placement 10K + ?
Hi everyone Daily" XRP broke trend a strong trend line, while leaving behind a Death Cross like many other currencies. Following BTC Also I see the formation of a Head and shoulders that has sent the price down to the next local support level. XRP has to over come selling pressure to keep it self above the current support $$0.76, If failing to do so we could...
Hi everyone Daily" Rebound up from trend line. Stoch RSI crossed up on over sold area. Strong sign of having had reached bottom daily looking to come back up and retest 50Ma. Possible price target $190 if gone over this resistance we can see a long move all the way to $240 if bulls keep on our side. ALWAYS look for extra confirmation on any trade, Anything...