CURRENT MARKET TRENDS 🔄 1. 🎯 Selective Market Dynamics The present market scenario remains highly selective. This has been a pattern, with a tendency for a rotational environment. Stocks that are currently underperforming or rebounding from their lowest points are leading the market for short durations. This is while tech-heavy indices like the Nasdaq...
Waiting for blue candle to break and close above for a Buy limit or a red candle to break and close below for a Sell Limit
ARPA made a big symmetrical triangle and now the price is squeezing within an ascending triangle. The best part is it is trading above ema200 and holding it. Once we see a big volume breakout targets are on chart.
hi guys, keep checking on this, its broke out the falling wedge, also above the 21 moving average and pushing above 50 on the rsi if we stay above 50 on rsi uptrend confirmed
Price went back to the same level as it was when the TK cross occurred giving us an opportunity to add to our position
Trade Analysis based on Strict Price Action and Fundamentals Research. WITH RISK MANAGEMNET YOU WILL NEVER LOSS. Best REGARDS RDIETHEMACRO
Even though AUD/USD is "above" the VWAP, it goes bearish and is about to break the VWAP. There's not yet strong signal which indicates you can sell but in my opinion you will have to sell today. AUD/USD to keep watching closely.
This can be a consolidation period, we will see till Thursday. Anyway, at H1 the price is under RIS 50 levels, and on a D chart, MA200 remains as a reliable support level. The future price movements, going under RSI 50, braking MA200, or staying above should be a trigger for the next play
We maintain over 50 rsi line , next stop ,if we don't go down will be another up hit into 70 area , we have 1 resistance tested up and one down
Bitcoin Good Friday? Some spectacular price action overnight with a massive counter rally from lows at 6630. No obvious reason for this rally either. No imaginary Fibo, no trend-line, nothing. It looks untrustworthy and has rallied to the spot where it should stop and fall away again at 7316. If still short can stay that way with stops above 7316 for...
We are officially above the neckline on the 4hr chart!! And with only 4 minutes left to go before this 4 hour candle closes...we may actually close this candle above the neckline! Very exciting time to be invested in btc! Now remember folks we still even if it closes above the neckline on the 4 hr chart are going to need the next 4 hr candle to close above it as...
Bitcoin Coinbase Chart Next Buy Point Bitcoin has spent the last 24 hours or so hammering out a continuation pattern not too far from the recent highs. It hasn't collapsed from here, though, which has to be a positive signal, so far. It's now probing the upper parallel at 10600 and trying to break higher. To stay positive from here it has to make this...
Latest Update 11:00est: Bitcoin is still positive and a near term buy on retests of the smaller dynamic underpinning the day's rally towards the blue support line at 9960-9940 with stops below 9900. Also raising the stop here to just under 9900 on current longs on Bitfinex to trap in 100 + points if it gets struck (day trading). The other choice for swing...
Bitcoin Update So far today Bitcoin has rallied to the next restistance line at 16447 after a high at 16487 but has since fallen away again, coming back close to important support at at 15574-15485 (amended to cover yesterday's price action better). It's a buy in this range with stops below 15450. Above here the trend is still positive but any break below...
ETHUSD Reevrse Long here If you got long as ETH came back to the support at 418 it's a nice trade. But close out now and think about shorting here with stops above 434...it's still vulnerable right now to another big sell off back 410 and if this fails back to 385 where we should be looking to buy again with stops under 380 for rally to 410 where we sell...
Bitcoin: BTCUSD Update Range trading for now but overall positive above 7717 A good space for day traders, trading between the lines of support and resistance, which continue to work quite well, so far, just as they have done over the last couple of weeks now. But for swing traders Bitcoin gave the first unreliable technical signal for quite a while - that...
Nasdaq 100 Index NAS100 Nasdaq throws a lot of similar shapes to Bitcoin whose consolidation periods tend to last a few hours and no longer than 2 days maximum, but here the continuation patterns last a minimum of 2 days (last one) and more usually 8 days and up to a month. But the shapes are almost identical. Fast, sharp declines over 2 days, followed by an...
DOWG: Dow Global This index is extremely useful as confirmation/back-up for all other major market trades as it's so free of false signals compared to Nasdaq for example. It's just tested and bounced from near term support at 2950 today. Whilst above here major markets across the world will remain positive. It's that simple on this index. That's why it's so damn...