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?...
$ALGO has been consolidating for weeks now, since the mid-september move after hitting 2.50. The 1.55 area has shown strong support after being tested multiple times in late September. Each time on less and less volume, indicating that selling pressure is waning. Price is currently bouncing off its 50EMA and the bollinger bands are tightening. I still think we...
Hello traders and investors! Let’s see how PLTR is doing today! First, in the 1h chart, we see a crystal-clear bull trend, as it is doing higher highs/lows. The trend is not as strong as we would wish for, but it is looking good. The $ 24.71 is a key point for us, as it was the previous top, and it is supposed to become a new resistance for us, and at the same...
Seems i was a bit early on my previous attempt to identify a bottom but an inverse head and shoulders seems to be forming. It has a longer, less volatile, accumulation feel from $23-$25 the past 3 weeks. Time will tell but this is already down (-77% YTD). Poshmark has had good news developing from partnering with SNAP and expanded to Australia and India and...
CGC looks ready to pop. RSI curling up and price action indicates that this is the bottom. Call options are super cheap so I added a small position in anticipation of break above trendline.
all the signs of a great long opportunity. Ideally you are in at 4320, but I'm only checking in now. That's the latest.
Chart is self explanatory. Don't invest and trade blindly.
Important things to note: BTC retracting has started. I do not see BTC going past 46k. ADA chance for double bottom on 1D Double Bottom would produce a target of 2.62. This would smash the resistance level. Pattern would also create a cup for further targets. Important dates: BTC ETF Deadlines Nov. 21, Dec. 8, Dec. 11 and Dec. 24. The BTC FOMO buying finally...
Feels like a bottom to me... i put my money where my mouth is
ADA is looking like it is ready to break out on the ADAETH chart. We've got a reset on the RSI so there is room for the bulls to buy without ADA quickly becoming overbought while if you look at the historical pattern of ADA versus ETH on the daily you will see that this chart is due for a rip to the upside. Not financial advice.
Important Things To Note: Just when you started to doubt me. Just when everyone was saying BTC 20k, ADA 1.00. Just when the news was screaming bear cycle. We finally had BTC show us more signs signaling the end of the pullback was correct. 3 test of BTC at 40712 BTC created higher low at 4114 with the impulse we needed. BTC bullish engulfing at 4hr. ADA signaled...
The btc chart shows us a triple bottom, for continuation on short term. Picture make possible scenarios clear. Please enlarge the upper chart in order too see everything well.
1. Indicators: RSI, MACD, and KDJ is well setup for a run. 2. Price and Volume just looks like the hulk wanna break out. HOWEVER 1. financially pessimistic numbers and weak earning power 2. the past price performance is with doubt it will ever perform 3. the general "BIG TREND" is a downtrend, the consolidation started Aug 13 might just be a correction of the...
Appears to have bottomed here and corrections are zig zig patterns 5,3,5 that continue to overlap into each other so I labeled this correction with WXY. Most likely TTOO will push back up from here towards $1.40
Looks like one big ascending channel, what do you think of this... Can we see BTC hitting the bottom of it? Will it be the bottom? We have to wait for wor that. Guys, please tell me what do you think about this, am I delusional or what?
As you can see all explained in chart - just buy bottom and sell at top as i demonstrate in that chart.
Important things to note: ADA has retraced to 2.51 completing the double top pattern (M pattern) as I previously mentioned it would. The retracement confirms where ADA is heading, to 2.0 It is likely to make a stop at 2.2 and retrace a bit creating a new pattern which will tell us more. BTC has retraced and created a new lower high telling us the correction is...
The bottom may be in for Virgin Galactic (SPCE). As you can see, SPCE has bounced from this trend line 5 other times in the past. There was one instance where it broke beneath this line with force but the catalyst was based on false news (rumor that flights were grounded until 2022). For investors and traders alike, this may be a great entry. There is still a...