As you can see in the chart, this is a very simple setup:
When we look at the big picture, we have a dead cat bounce breakout retest pattern.
As confirmation, we have a clear RSI bearish divergence and a descending triangle, which can be a good entry point.
As targets we have the clear support levels and we set an stop loss at the last swing high, so in case...
Like most cryptos, EOS is currently seeing a bullish bounce after weeks of selling. There's two reasons on why EOS might see a strong bullish move coming in the near future.
- The daily RSI has reached oversold.
- The price has found support in a 1 year old support area.
Wait for the price to close above the 0.92 level, which is a short-term resistance. Target...
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** NZDUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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When less than stellar stocks attempt to run after a 90 percent drop its note worthy to watch, understand the basic mechanics of the pump and dump and FOMO by bed ridden traders that believe they can make millions while laying in bed... This is half a joke and half true, never chase trade but if you must understand technical, short term resistance above $7 upper...
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Welcome to this quick BTC update. Currently, BTC is trading around the $26.8k level. It is forming a descending channel in 1hr time frame.
If we look at the higher time frame then it breaks below the important support of $26.8k which is a bearish sign for me. Now, the next...
The AUD/USD currency pair has been experiencing a significant decline, forming a pronounced downtrend as it nears the neckline of a substantial daily double-bottom pattern. Traders and investors are closely observing the 0.65981 area for a potential rebound. There is particular interest in establishing a long swing position with the expectation of a price movement...
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Welcome to this quick BTC update. BTC is moving in a range of FWB:27K -$30k for many days. So what's next from here?
BTC is forming a symmetrical triangle-like structure in the daily time frame and once again it got rejected from the upper trendline of the triangle. We...
Merely an update to my previous idea.
And well... I started this idea before the bell, and it was $3.51 at the time.
It's now $2.01 post as of typing this but that will be different already.
I think I will just post this as is, because it's moving too quickly to make any rational conclusions.
To be noted, every time $15 was broken, the market dumped it below...
HOOK has yet again reached the bottom support. I've made several analyses on this pattern already, and every time that HOOK touched the support it has resulted in a bounce.
Keeping my targets close, blue, because BTC can move erratic during Q2 earnings week.
I am predicting a bounce at 5am NY USA time for BTC, on Monday the 24th. This is not financial advice. just my thoughts. Be safe and never invest more than you can afford to lose. Monday I will add a few BTC, God speed everyone.
GM is on a 4H chart. Fundamentally, the last earnings were good. GM is challenged by the adoption
of electric vehicles and the transformation of its core business. Small EV companies ( CANOO, RIDE, WKHS, FFIE, MULN)
are mainly undercapitalized noise. The competition is really TSLA and Ford. Earnings upcoming are April 25th
Technically, the price has been...
ICX has been one of the major winners of the last week. However, price action has been negative after topping out around $0.48.
With BTC seemingly bouncing, it seems that ICX is primed for a huge upward move, just like we saw a couple of days ago.
- ICX has hit hourly oversold for the first time in weeks. Hourly oversold in a strong uptrend is a great moment to...
Once there was a guy who talked about an outcome that nobody believed in. He was laughed at and ridiculed for his ideas. He tried to explain his point of view, but people dismissed him and thought he was foolish. However, he remained persistent in his beliefs and continued to speak about his theory. Then one day, something happened that proved him right, and...
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** GBPJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Welcome back! Let me know your thoughts in the comments!
**AUDNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight...
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Welcome to this quick BTC update. BTC is dumping badly after breaking down from the $23k level. Now, what's next?
According to the chart, BTC is forming an expanding wedge-like structure in 4hr time frame which is generally a bullish pattern. Currently, it is touching the...
