Hi Traders! The market is in a Longterm Downtrend (weekly). This time, instead of beginning with the daily timeframe, we'll begin with the weekly timeframe. Here is it: Here you can see three main areas, which affects the market bearish : The weekly Resistance, the weekly descending Trendline and the 200 Exponential Moving Average. ]/list} You see,...
Spirit Aerosystems isn't spirit airlines. It's own by boeing and makes parts for boeing and inovates in the aerospace sector and from its website is also into space with a virgin galactic partnership. Now I've been watching this for awhile, yet I'm still not sure if i should go in but heres some levels I'm looking at. Current findings -Their earnings is they are...
$ZM did exactly what we expected today. Got to love it when a plan comes together.
ETHUSDT nice breakout on monthly resistance (purple rect), and now the price could retest the previous resistance. The price could bounce on 0.5 - 0.618 Fibonacci level and create another impulse towards the next weekly resistance (red one, left chart). According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618...
$UBER currently at a strong support zone. Looking for $UBER to bounce back to $34. UBER
Hi Traders! The market is in a Downtrend. As always, let's begin with the daily Timeframe: You can see a descending Wedge (with one bearish Fake out). Consider the distance between the Trendlines: It is getting tighter and tighter. Because the market has fallen very much and reached now an Area of neutrality, we expect a consilidation now. Let's move on to...
NASDAQ is in a strong uptrend. A rejection at current bearish orderblock is visible, so a retracement to the last bullish OB and following break of the highs is expected.
Hi Traders! The market is in a longterm Downtrend and in a shortterm Uptrend. As usual, we like to begin with the overview. Here is the daily Timeframe: So, as you can see it is at three main Levels which could push the price even lower: Trendline The market is at the (purple) Trendline and normally will pull back from it. The break of the Trendline is...
ASTBTC breaks an ascending channel after the price bounced on weekly structure (red one) and daily structure (blue one). Now we are waiting for a confirmation According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will...
Hi Traders! The market is in a longterm Downtrend and in a shortterm strong Uptrend. Let's look at the daily Chart first: As you can see it is making lower lows and lower highs. In addition we can see here a descending Channel. The next main Levels are also drawn on this timeframe. Consider the position of the price at this moment; it is at the upper...
GVTBTC had a nice bounce on 4h structure, now we are waiting for a breakout from dynamic trendline (blue). According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618...
Hi Traders! The market is in a Downtrend. As always, let's look at the Daily Timeframe first: So, we can see the market is strongly respecting the Daily Trendline. We can identify the Trending Moves and the Consolidation Stages. Pay attention to that the market is now near the Trendline again. Now we switch to the main (H4) Timeframe. The market is falling...
AUDSGD has been a nice reaction on 4h support and now looking for a nice long According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
TSLA I made an argument earlier this week that since the last 'golden cross' in late March, TSLA stock price always bounced off of the 200 MA level in an hourly time frame. "When is the next bounce?", I asked. I believe we are at that point now. The question now is that if the current market condition will allow for this structure to sustain. Let's hope the...
Is stock market actually in massive dead cats bounce? I compared current situation to 1930's crash, and mapped the possible bottom. If we are in dead cat bounce, then the real bottom is way below current price.
NASDAQ:TSLA DISCLAIMER: This is not a "technical analysis" and more of a "hypothesis" for my future inquiries with this stock. I am personally an optimist for the EV industry and hope for it to grow. TESLA stock price seems to respect the 200 period simple moving average in an hourly time frame. Since the 'golden cross' in late March, March 30th to be exact,...
Strong 4H support and ready to swing again to the upside. Buy now!
Extremely risky trade, because RSI div is not yet confirmed, but on a smaller time frames, there are an indication for a bounce, buying volume started coming in. TARGETING .382 and .5 fib levels Stop loss very very very tight below ATL