The S&P 500 continued to decline last week. Past levels of support formed from previous lows, so we had to look at the next obvious level of support. In this case, it was not a previous high or low but a psychological level in the form of the $4000 round number. The weekly timeframe clearly displays a reversal candle that did not close below $4000, which is a...
Paypal major collapse, could be making a massive weekly head and shoulders. Currently though bouncing off a weekly double bottom. Outlook is some more chop into a bounce, beginning the right shoulder. However, might just start rallying from here. Also not sold that a right shoulder would complete, more of a bounce higher from this level trade.
This is the bounce off the first test of -20%ish decline. I expect a +5% move to happen fairly quickly, then a lower retest near Fed announcement, then a slow retrace to roughly -10% from ATH before the next leg down.
Gold showed a dead cat bounce after hitting a fresh three-month low at $1810. Technical: The near–term support is around $1800, a breach below targets $1750.
This is a very short term IDEA. As asia wkes up to a pure rout and realizes that there are no more macro news to be priced in this month. I believe we will see a very short lived rally. I stand by my prediction that over the course of the next couple of weeks APE will reach 1.03$. However for a quick scalp it is looking sweet to buy 7.70 and sell 9.50-10.05$....
Because the market is in such an extreme short term oversold condition now it makes it easier to trade a bounce. because you don't have to be in near the bottom
Don't expect any technical talks with such a view. I cannot say anything but... meow?
BTC 11 May 2022 The current implied volatility is at 81.61%/year So that converted into daily is 5.14% The opening price was on 30970 So based on that our TOP 32600 BOT 29410 This channel has a 88.3% change to sustain based on the last 290 candles At the same time with 79.3% changes TOP 32200 BOT 29800 From fundamental point, today we have CPI release and this...
TSLA is at bounce zone right now off of the trendline. Regardless underneath 800 is a buy and I think we see this have a nice sized bounce in the coming days or next week. 1000 test isn't out of the woods.
We can take short either on breaking two levels that are lower or when price makes false breakout of local high. Be aware about btc strip. ⭐️ BTC bearish ⭐️ Trend is bearish ⭐️ Volume at top ⭐️ Good levels nearby ⭐️ Doing last pullback to kill bears ⭐️ 161 ATR Will enter when price squeezes to the level on lower timeframes, the base will form and the strip...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC update. I know it is a very tough time for each of us but remember these tough times are always a big buying opportunity also. First of all, do not panic still we hold an important level of support. Let's get to the charts first. BTC is reaching the lower...
id call it 68/32 that we have a daily bounce attempt if we hold these lows. id look for a lower weekly high, and some additional bearish activity going into this week. weve had a good rundown toward support that did break lower on the real body of futures and cause momentum toward backwardation. 5-6 weeks of red usually calls for a countertrend rally and elliott...
BITCOIN BREAKOUT BOUNCE off bottom support channel! HUGE APECOIN BITCOIN HEADING TO 40k if it breaks 40k i see 42k-45k 50-52k if it doesnt reject 45k APECOIN IS GOING PARABOLIC! BREAKOUT APECOIN $30 + Target Price
Hey Guys, With the major bearish sentiment around I believe this has opened a great opportunity if you look at the data and patterns closely. DXY is now gone parabolic into extreme overbought conditions as people dump shares and hold US dollars, this acting as a double wamy against the overall market. But it is all in anticipation for the FOMOC and interest rate...
Will Apple Bounce Off The Branch Or Fall From It? Apple ( NASDAQ:AAPL )bounced off of its "branch" or trendline four times on the daily timeframe! It would be nice to see a bounce from the "branch" for a fifth subsequent time. 3 out of the four times APPL bounced, it was trading above the 200 MA! The fact that it bounced a fourth time from the same branch is...
Ethereum has bounced and retested from the symmetrical trend line, hope to see 4000 in coming weeks
don't usually post top tier shitcoins here but worth a long at this area. -20% on the day, hit off 0.618 on the pitch fan, why the hell not. worth even a small long considering the volume on exchanges atm for this coin and a bounce thats bound to happen. keep your stops tight and happy trading folks. more of a gamble than anything else so take this as you...
NFLX sitting at long term support after reporting ERs, Could see a bounce from here to retest the trendline. Great R:R with SL right below support.