BTC breaking up ?BTC seems to be ready to move back up and perhaps it will be going after the 200ma. I would like to see more volume come in and if it can increase a bit I think we will see $57k pretty quick. NFY DYOR.
Bounce
BITCOIN almost ready for the big up.. BOUNCE has just happened!BITCOIN almost ready for the big up.. BOUNCE has just happened! If you see the MFI indicator on daily, it reveals we have indeed bounced and at a local final bottom. Im expecting a dip to 55k one last time, (probably a wick) but expect a reversal. The Bounce has happened.
CRYPTO MARKETCAP TOTAL BOTTOMED - BOUNCE!Hey everyone
TOTAL Crypto marketcap looks like its bottomed out and is about to bounce soon!
Keep this support on my chart in mind. If we break down more downside is likely
Chance to Join EURAUD's Downtrend The downtrend of the EURAUD, which commenced following a reversal indicated by the Head and Shoulders pattern, looks poised to continue sliding lower. This was indicated by the recent Dead Cat Bounce from the 61.8 per cent Fibonacci retracement level at 1.57112.
The price action is now likely to head towards the previous swing low at 1.52680. This is part of the establishment of a broader 1-5 impulse wave pattern, as postulated by the Elliott Wave Theory.
Looking for double bottom at low tf Looks like we are sideways in range, i think we can form double bottom and bounce in next few days, let's see.
EURUSD - Multiple Indications for Bullish MovementSummary of indications:
Market @ weekly Support
Market ready to bounce up from daily Trendline Support
RSI Indicator is oversold
-------------
Hi Traders!
The idea of this setup about our analysis, that the market is very likely to move up.
Therefore, here are some indications (other exists too):
Firstly, the market reached the weekly Support Level closely. It didn't touched it yet,
but is possible to move up. Be aware, that the market also could touch the Support first, before
it goes up.
The second thing is that the market is at the daily Trendline. This daily Trendline is descending, but
supporting and it got respected in the past too.
Another clue is that the RSI-Oscillator shows a very unsold stage from which it is coming back. The lowest
value of the RSI was around 20.
Our TP would be the next Resistance, which also confluences with the 50.0% Fibonacci Retracement.
If you have another point of view, something to add or anything to ask, feel free to do so!
Thanks and successful Trading :-)!
(****Take your own risk!*****)
Bounce & Breakout!!Money Makers!
BA has been trading nicely in an ascending channel. It recently bounced off the bottom of the channel and is now facing its next battle which is the trendline shown. There is a little consolidation right below the line, which leads me to believe that a breakout will happen soon. If it does indeed breakout we can expect a nice rise to retest the top of the channel. Let's see how this plays out.
Love it or hate it, hit that thumbs up and share your thoughts!
It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Laxmi organicChart is forming a Bullish Bat formation at 392
price should bounce 20% from 392 levels!
Bitcoin next feew weeks bounce to ath?I just will save this for later, not sure if gonna play out or not.
EURUSD Completed a Dead Cat Bounce Following the completion of a Dead Cat Bounce, which is a type of pattern that indicates strong bearish pressure, the price action of the EURUSD is currently pulling back to the 61.8 per cent Fibonacci retracement level at 1.15871 from bellow.
Once the pullback is completed, the broader downtrend would likely be extended lower towards the previous swing low (at 1.15250).
Is ADA about to explode?I couldn't ignore the ADAETH chart, that is showing IMO an impending ADA explosion for the upside, a great opportunity to hop in on a possible ADA rocket that could last couple weeks, with positive gains for ADA against ETH and BTC. Will see what happens.
TO BOUNCE OR NOT TO BOUNCE, THAT IS THE QUESTION..
Bounce still looks like it has some life in it, right?
Overall, the chart looks good. When crypto has a massive push, you can always count on it to consolidate. Unless it is something that is revolutionary, but even then it has to have a cooldown. Bounce looks like it is about to go. All the signs point to yes on my side, but of course, be cautious and make sure you have a strategy before you get in. Y'all have a good one, and happy Holloween.
USDCHF - Price @ Trendline + SupportSummary of the indications:
Daily Trend --> Symmetrical Triangle
Weekly Trendline Support
Daily Support
---------------
Hi Traders!
The main setup of the market is that the market reached the weekly lower Trendline,
which is often respected. This Area also confluences with the daily Support.
Also, the high momentum on the bullish movements in comparison to the bearish indicates
strength on the bullish side.
If you have anything to add, another point of view or something else to share, feel free to comment!
Thanks and successful Trading :-)!
#ANKR 4HR Chart - DCB Possible?Ankr just had a nice run up but it looks like a Dead Cat Bounce (DCB) may be at play comparing it to the last pump. Remember the 786 fib line with a DCB.
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
MAXR Cup & Handle + Fibonacci Bounce?!WEEKLY CHART
- Cup and Handle pattern. The handle needs stay above this level.
- Needs to bounce around $25.40. (.65 or .618 fib level)
- Zacks Investment Research Upgrades Maxar Technologies to Buy. (3 weeks ago)
- NGA Awards Maxar With G-EGD Contract Renewal For Mission-Ready Satellite Imagery (Valued at $44 million. This is the second of three option years for the contract, which has a total value of up to $176 million.)
Dislike:
- Volume is getting weaker.
- Earnings on 11/3.
-----------------------------------------> I like MAXR $40 Call 4/14/22 <-------------------------------------------------------
CHGG Bounce??- Currently in a downtrend on the daily chart (50MA below 200MA) but still in an uptrend on the weekly chart (50MA above 200MA).
- Support near 54.80.
- CAUTION: $10 gap below (between $44.33-$53). CHGG could fall through support near 54.80 and attempt to close the gap near $44.33.
- Earnings on Nov. 1st. Could go either way... 50/50.
6-10 Week Outlook: Could drop to $56 before climbing back near $64.50
Hopefully this will help you formulate your own trading strategy for CHGG.
PTON: ARE WE GETTING THIS BOUNCE?PTON:
Winter is coming. It's cold outside. Shall we exercise at home?
PTON bounced off a big support at 82. Is the bounce over? I don't know.
Is it too late to buy? For a long term investment, not too late. For a trade, maybe not too late, but I like it only above 88.20-88.50
Targets on the chart.
Trade safe!
SO, WHEN ARE WE GOING BOUNCE? It seems a little off, but I like how this crypto is moving. Once it tags a resistance or support it has a reversal. The consolidation time is short, which helps leverage and be a little more predictable. At this time, it's on the way down, which is not bad. If you are an impatient trader, this movement is good for you. Once this crypto starts "Bouncing" it will be tough to stop, or you know what else could happen.... It could just dribble off the court into oblivion...
WILL BOUNCE, BOUNCE? Well. It played out like I thought it would.. Bounce, Bounced in the early morning and had a 15ish percent run. I believe by mid-noon, you will see a surge of vol and buyers coming in to play. If not, you know how it goes. Anyways, you all stay cautious and use leverage to your advantage when you are trading something like this. I am not your financial advisor, so this is not financial advice. If anything.. run....
All we need to do is BOUNCE...It looks like we have another Coin on Coinbase that has just been listed and is making some pretty steady moves. BOUNCE has the potential to 2-3X... You know how it goes. Once the movement has started, it is hard to stop. I mean, heck, It took the bad news from China, for like the 6-7th time to slow down SOL. Now, please do not think I am comparing this coin to SOl, but to me, crypto is crypto. There will always be one that is better than the other. I see some promise in this one for the short term, a quick in and out, then reinvest in some other coins. If there is something that I'm missing, please let me know. I am here to learn and pass on. Thank you, and have a good one...
$POLY RSI trendline $POLY one more bounce 🤔???
Lookig for bounce on RSI trendline, good consolidation last 2 week. We need it!
TRU descending triangleThe bearish figure, but seen many times it break to the upside. More chance for one more retest of support level, but in a nice position regarding 20 and 200SMA. If going up, watch that big resistance at 0,53, It was big support before but also bounced down from it... Good luck traders
CHEWY MAJOR BULLISH DIVERGENCE!!4HR Time frame shows Bulllish divergence into major demand Zone .
Fundamentals for this company are nice, nothing but nice accumulation by the big boys.
1st Target $73, lock in profit right there and ride out the rest
Patience Pays and I am 100% expecting a huge run from CHEWY going into the end of the month. Option IV is dirt cheap, this will be the next big play. I trade the naked chart just using supply and demand zones.
2 years if experience in the market. I believe tops and bottom are shown by divergences. Not Rand candles and Elliot /Fibs counts
