I love the 4 hour chart. Last time bitcoin fought back above the 200 ema and then retested it and successfully closed above? We saw a pretty nice run. I get the sense that this $BTC pa is just some coiling of the spring, a consolidation of momentum as we load up for the next run. Obviously things can go south from here for sure. I wouldn't be surprised to see a...
Double bottom support would be a good entry. Still more downside but keep on your watch list. Set an alert so you catch the bounce
NIO will hit the EMA 200 whilst also retracing to its former trendline from may 2020. I expect a massive run-up from this point.
Not only is this chart showing an amazing breakout in the works, but the fundamentals behind ADA right now are too impressive to skip over! DYOR and look at how amazing ADA is.. you will not regret getting on this ride!
Identified a clear bullish trend and key support and resistance levels. Currently prices have bounced off support level but there is still time to get an entry before an impulse move to the resistance.
Identified a clear bullish trend and key support and resistance levels. Although price has moved off the support, previous price actions show that it is possible for prices to drop back down before an impulse push.
Here we go over last weeks video and we take a look at a few things we are keeping an eye on for the coming week!
NVDA failed to hold above $600 and didnt breach the $610 target for entry. With the market mid-pull back and tech weaker than industrials and financials, Im on the sidelines waiting to see buyers step in it and hold above trend support.
just seems like it makes sense to me. I think we go and hit daily H3 and Pivot. Then we maybe fall back. Wider cpr. Using camarilla pivots. Lets see the reaction on L3
Every 3rd time RSI got below 30 we saw a good bounce Fib line 0.50 fits bounce too up to 0.75 in the meantime while holding it pays 0.38 USD per share every 3 months this is not a trading advice - just for my review
A general bullish trend has formed on the H4 timeframe. The trend line was adjusted slightly to connect as many major bounce points as possible. The slight dip below the trend line was regarded as an anomaly as it did not invalidate the uptrend. Looking to go long after the next bounce which could possibly happen within the next 2 trading days.
This is the chart to watch. If this is the completion of the primary cycle that started in summer of 2019 then we can expect to see a bounce in the near term. This would correspond with a new mini bull run in the overall market that will last till april or may. followed by a larger correction/crash where tesla comes back to 380-480. This will be my buy zone for...
Huge wick/Hammer + Volume spike off of the 200 day SMA today - Could this indicate the short term bottom for Orsted?
Larger symmetrical triangle forming, OXT is still a great buy at .48 and should have a nice bounce up to .69 in the next 7 days. Larger bounce should take us to $1 - $1.25 range by mid-April. 'The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.'
USD/JPY - 4HR Chart We've seen a bounce off our long term ascending trendline. Bullish cycle upwards imminent? Will we see price follow our forecasted price path? Do not use trendlines alone to take trades, however - they can be great to help you identify the trend on the HTF.
Bullish Thesis - Wave 5 of 5 - "W3 projection" for wave 5 target has confluence with Wave 5 50%-61.8% fib levels (blue) - RSI at uptrend line - Stoch RSI is double bottoming, like March-April 2020, right before Wave 3 began - Momentum is trending upward since Wave 4 bottom on Sept 22-24 - Ichimoku cloud is still showing green and expanding - Price is at the...
On the weekly timeframe, this pair is following a bullish trend. On the daily timeframe, we see that the price bounces on the same line as the weekly trend. On the H4 timeframe, a steeper bullish trend than that of the daily and weekly timeframe. On the H1 timeframe, we see some bounces off this H4 bullish support line and that prices may be reversing due to the...
PEP has been trending down since the beginning of this year, and is currently skirting along the bottom of the channel after an earnings miss earlier this month. The current RSI value at around 25 on the hourly timeframe places PEP firmly within oversold territory. Given PEP is currently oversold and resting on a historical support line, a move back up to the 135...