I have been waiting for this bullish move up for a few days now and it is finally here. We saw it was oversold on the 4 hour and 1 hour. We saw that it didn’t break the trendline I set in place and people took profit if they used the fib Retracment tool. This means if people aren’t selling, the bears lose that momentum they had. Now the bulls are winning. I do...
As we can see we have a good pull back from the support level of 29k But BTC still struggling to break 32.7k range.In weekly time frame Btc trying to break 50 MA.WE can see good dump in BTC in coming days if BTC can't hold above 50 MA .
Here we see a classic buy set up. It has been oversold on the larger time frames. We see that it is also rallying up by breaking my maroon trendline. On top of that we are very bullish considering it created a new higher low. All of this confirms to me we are set to move up and test the resistance line above.
50 MA crossing down below 200 MA causing a death cross on the 30 minute chart.
The 50MA 100MA 200MA are indicators i used most on a day chart to determine if the chart is a good chart to swing trade and i use the weekly to determine trades for L.E.A.P.S. with those same indicators
We are seeing an area of resistance right now and it failed to break. It also made a lower low recently and to confirm the move it also made a lower high. All of this indicates we are in a downtrend. We need to wait for confirmation when price breaks the 50 with momentum or when it breaks the trendline. This will be a 60 pip win if we are successful. Use proper...
(Hourly Time Frame) Head and shoulders spotted forming on the 1hr TF. To decrease noise I removed some indicators, however they also indicated a sell occurring in the market short term; - Ichimoku cloud indicates to sell - BB's indicating to sell, however the bands were getting tighter together. (Market bouncing between middle and bottom bb). The 50MA is currently...
Loking for $3.50 for this stock recent bounce of 50 day MA and finding support on anchored VWAP should be good for this biotech stock.
It looks like the Death Cross is still on it's way and about to hit right after we rebound so the venture into the 40-46K could reveal to be a very stingy trap.
20MA is very close to crossing 50MA and 100 MA. The 20 over 50 cross will probably happen during the night (a time which whales like to make moves). That's usually a small buy signal, but given the regain of strength of BTC lately expect anything. The 20 over 100 probably by tomorrow. This is a bigger buy signal that will probably break us out the wedge...
If the cross happens at that moment where there is already so much momentum, there is potential for a record shattering ATH. A bit of a wild prediction since 20ma and 50ma's directions are hard to follow. But let's hope I'm right.
Here is my analysis on the 2021-06-06 at 10:40 pm. With the bullish movement, 20ma is bound to correct higher and cross 50ma which if it happens will trigger a strong buy signal. Hopefully I'm right.
Green dots: trend if resistance is broken at $36K Green dashes: trend if resistance not broken at 36K AND base of triangle not passed Red dots: Trend if resistance is not broken at 36K AND base of the triangle passed Green circles: Buy signals Red circles: Sell signals
Green dots: trend if resistance is broken at $36K Green dashes: trend if resistance not broken at 36K AND base of triangle not passed Red dots: Trend if resistance is not broken at 36K AND base of the triangle passed Green circles: Buy signals Red circles: Sell signals
ALGO has made a breakout in price to the upside and is establishing a new ascending support trendline. Next, I expect a retest to confirm the new support and a rally up to +30% A buy setup forms if volume and buying pressure picks up at the 50MA. Let's see what happens!
EGLD has been trading in the same channel since February. Good new for us is that this is an ascending channel. Additionally we have testing the middle of the channel multiple times over the last three months and each time we have been rejected. This is not that big of a deal since a move back to the middle of the channel from our current price is a 60% increase...
Here we see our FET 6 hour chart . And it's in a clear uptrend . We've stayed above 1000 sats since hitting that 700 area few weeks ago .I said at the time I thought that pullback to 700 area was the completion of our Handle from that Bullish Cup and Handle pattern,and I still think so ( target of that was 2890 which I still think will happen but first we must...
In my analysis of NZD/USD, this currency pair is moving Bullishly on the Daily Chart. Currently the pair is in area of resistance at price $.72442. If prices breaks above the area of retracement, I forecast price to move up to price $.74282. If price breaks below the area of retracement, I forecast price to move to price $.70684. In my analysis, I used the...