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...
Tidal start rally on gate after listing kucoin, after correction total health, in bottom appear divergence and OCOI formation 0,618% first target
Since May 19th we have been following this upward trend on the RSI. Every time we touched this trend line we had a bounce leading to a higher high. And every time but once it led to a higher low as well. I expect us to create a floor at these levels (59-61k) and continue our up trend toward 100k. Im expecting resistance around the 80-85K level(first thin blue line...
If you're like me, you have a job and hobbies and things to do other than staring at charts. I consider myself an investor and cycle trader rather than a swing trader. The vast majority of my gains are made on only a handful of trades made over the course of a few months/years. As I mentioned recently, I think this cycle has yet to peak and there are still...
Pretty self explanatory. Comment if you need clarification
$PLTR got beat down after earnings . We landed right on the .618 retrace from the low to it's ATH . If this level holds, we have a very good entry for a swing trade. Risk manangement is key here though, cause if the market wants to see Palantir even lower than this, we might do a deep retrace and go down to the 17$ish area again. Depending on how "longterm"...
Will we see a breakout from this 3 year rounded bottom?
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i SPY .... a BULLISH double bottom reversal or a 8/9 EMA ride .. EITHEr way still bullish .. lets get it!! been giving the public to much sauce lately.. sike nah luv yall! trade safe!!
This one still hasn't taken off but looks like it'd getting ready. Most likely depending on how bitcoin starts off the week. If we get a good start to the week with bitcoin it could be the week this one takes off. Everyone this one starts going up there is tons of sell pressure keeping it down. But I think that selling pressure is beginning to be exhausted.
On the weekly chart, $BABA looks like it has found support at $155 and is forming a reverse head and shoulders pattern. I'm looking for one more touch of $155 or slightly lower, followed by a close above the $155 support to start adding a long position. A break above the downward resistance trendline would confirm a bullish break upward and $180 giving us our next...
This project is in its infancy and for the price it is today it is a steal There is a circulating supply of only 8,659,067 with a max supply volume of 14,998,897 If you look at coins with this kind of supply that are successful they usually attain a goal of around $400+ within one to two years of inception This coin could do it in that time frame or sooner...
Good Accumulation - I would expect this to be the bottom for Iris given the current market situation - Volume is also rising - Very good potential here - Set your stop losses, mine will be set at the purple support
LIT has a very strong technical pattern. a break above the double bottom neckline would mean a move to the higher targets. of course, it may retrace to the blue trend, which would be a buy zone.
SNX forming a rounded bottom on the daily chart underneath resistance of $10.70. Measured move of 22.5% upon confirmation of breaking resistance sends it towards resistance of $13 which will also coincide with an attempted breakout from the macro downtrend line SNX has had since it's ATH in February. RSI has also broke resistance and above 50..
The QQQ is testing the bottom of its range. Stochastic RSI has been helpful to signal a bottom, once %K goes above %D while testing the bottoms range. There is also a horizontal support line from the last week of June, which was a breakout to all-time highs. Risk-reward-ratio is great placing a stop below yesterday's low, and a profit0exit at the top of the range.
NYSE:ANF setup: MACD crossing up Bullish bar today broke the trend line 20 EMA crossed above 50 EMA and they are both accelerating up together 3 bottoms since August Enter above today's high at 39.87 Stop under today's low at 38.42 (More conservative stop is under local low at 36.82) Take profit just under July high at 47.12 Risk/Reward ratio of 5.0
3 weeks have pass since October. I was wrong about the bullish hammer. I expect to go up today but it went down. One pattern I hesitate and over look was the head and shoulder pattern. The price action today confirms the head and shoulder patterns. Interestingly back in September the same thing has occur. And now what to expect October. Will the algorithm repeats?...