NYSE:PGR may be ready to make a move. Tested the bottom four times around $89.50 and it wouldn't break. MACD just turned positive Today's bar broke a trend line and closed above all the congestion from Nov 20 EMA crossed above the 50 EMA and they are both positive and accelerating.
Pretty simple; when the price of BTC hits the 200 wk moving average, that has historically been the very bottom of each cycle. Buying the bottom is easier, more important, and more profitable that selling the exact top. Let me know what you think.
Bottom showing on 4hr and Daily. Hitting fib levels perfect, too. Looks spicy. Last time RSI was this low on both time frames = rocketship. Lots of FUD to this point, too.
This double bottom pattern has formed on the weekly chart of the AUD/CAD currency pair, signaling a potential reversal from the preceding downtrend. The two bottoms are marked with the yellow arcs; the neckline is marked with the yellow horizontal line. My potential entry level is at the cyan line. My potential take-profit level is at the green line. A stop-loss...
Cake is on Support maybe its a good time for buy something :)
FTX:RAYUSD looking pretty crazy, i cant remember if i have ever seen a quintuple Bottom on a Chart before. This could potentially confirm a bottom to traders and rn would be the lowest risk entry because its pretty easy to manage risk at this level. If RAY closes a daily candle or even a 4h below the $8.986 level, it will probably fall much lower. But since its a...
Yes, it seems like the bulls are getting ready to attack! IF the silver price overcomes the 23.6 % Fib level and 50's MA with a sustained close around 23.30 USD, it would be time to fasten your seat belts. IF XAG/USD doesn't overpower this critical resistance area and is making a move to the south, I would take another short trade into consideration. But this...
Hi every one BLOK/USDT BLOK has done a Impressive Movement lately but It seems This is only the Beginning! as you can see a Rounded Bottom is now Visible on the chart. This means The Price has a Chance to Increase Further as much as the Length Between The Top & The Bottom of the channel (Measured Price Movement). Since There is no Break out Yet,we can be sure...
A brief analysis of $BTC YTD. Using a key support/trend line, we can conclude, it is possible we have not reached the bottom yet. We could see prices of $49-51K over the weekend. This is a very strong shakeout and whales are in accumulation mode. The bears are getting to comfortable, the leveraged traders are getting liquidated, and INVESTORS are buying the dip!...
- BREAKING NEWS - According to WHO, the new covid strain is considered "serious" Let's see what this is all about. Technically we are playing out a bearish divergence that has built up since we found that top on november 5th price kept sloping up, but momentum was fading. And news like today is a perfect catalyst to make such a divergence play out. We have some...
Trend line, EMA, RSI support zone, fibonacci 0.5 level and previous swing high support zone its all here together. Im pretty sure BTC found bottom. Not a financial advice. Good luck!
Double bottom formed for CRO at fib level. Would wait for confirmation above 0.8310 to buy in.
KWEB is a China technology based ETF. Top 10 holdings by weight: Tencent Holdings ~ 10.62% Alibaba Group Holding ~ 10.32% JD.com ~ 7.21% Meituan ~ 6.99% Pinduoduo Inc ~ 6.97% NetEase Inc ~ 4.71% Baidu Inc ~ 4.27% Bilibili Inc ~ 3.83% Trip.com Group ~ 3.82% JD Health International ~ 3.32% Fundamental Analysis China’s stock market pullback...
ADA Short term Analysis ADA wants to drop more as we can see, All indicators are in OVER SELL zone! The drop up to 1.5$ is expected because no more support is before that zone. 1.5$ can be a bottom, We must be patient and track market movements.
BTC looks to be following the same corrective pattern as Sept 7th-Oct 2nd (white line pattern) when BTC dropped from 53K to 40k. Price action is identical We are sitting in the same area on the trend line as we were before bouncing from 40K to 69K Currently breaking above resistance on the RSI, which also has had similar movement to Sept 7th to Oct 2nd. BTC is...
Important things to note: BTC is close to finishing its correction. BTC hit 56.5, I told everyone it might go to 56.4, close enough. BTC will have to push up above last low to insure bullish movement. It looks like BTC is heading lower than I expected. I still think we are nearing the end of the pullback. Unit then BTC will bounce around until the move is...
Long 🟢 Ascending Triangle on Ethereum KEY NOTES: Ascending Triangle broke up. Resistance turned into support. See cyan zone! Price consolidates above support. Ethereum will go upwards.
EURUSD has already tested the bottom of the daily channel that you can see in the chart below showing the initial signs of reversal and now the top of the hourly channel at the 1.1335-40 area is going to be tested. We have already bought small positions in order to test our upside scenario and we are going to add more with an hourly break of the 1.1340. We will...