SPY on a 30 minute chart shows a rising wedge over the past week. Price is now under a nearly flat upper trendline of resistance while the support trendline is rising. The dual TF RSI indicator shows strength about 70 while the zero lag MACD shows a K /D line cross. Because of this I believe, SPY may retrace to 468 or the level of the Fib 0.5. Since SPY is...
I hope this chart is better and readable. Excuse me for my last chart, u guys can still look it up and read my idea about NOT.
NOT shows a strong triple top pattern, waiting for confirmation breakdown then i expect NOT to go to the blue support line to follow its longer support line, see my other TA of “What will NOT do?”. What are your thoughts? This is no financial advice, always DYOR.
HS confirmed and price is testing the broken neck. Be careful, this one is very volatile. I have some puts expire by the end of the month, probably I should have given more time. SL if a weekly candle closes above 17.
81.40 below breakdown possible 80/76.50 can test trendline breakdown possible 21 ema below start trading fall will be sharp
JUN 2024 BANK NIFTY Sharap MOVE for ONE side DO NOT pridect THE FUTURE but FOLLOW trend PLZ DO NOT BLINDLY
🔮#BTC Analysis : Pattern Formation 💰💰 📈 #BTC is making perfect Double Top Pattern and also there is a breadown of trendline. We can see a dump in #BTC. If #BTC sustains this breakdown then we will see a bearish move🚀🚀 📊 Current Price: $58190 ⏳ Target Price: $52069 ⁉️ What to do? - We can trade according to the chart and make some profits in #BTC. Keep your...
Bitcoin Analysis There are 3 support levels 1. $60k 2. $58400 3. $56500 These are very crucial and important support levels for #BTC From these levels we can see a reversal Only very bad news can break these levels
Hey everyone! It's been a while since I have posted some technical analysis as I have been taking a bit of a break from the markets. But now I am back in the game, it's time to get back to some good ole charting! So now that I am back on that BTC trading grind, it's time to get back to some TA posts. Bitcoin has been getting pretty hammered for a while at this...
🚀#LINK Analysis : What Next ??💲💲 ✅As we can see that there was a formation of "FALLING WEDGE PATTERN" in #LINK and given a breakdown. We are expecting a little retest towards support level and then a bullish move📈 🔰Current Price: $13.455 🎯 Target Price: $19.227 ⚡️What to do ? 👀Keep an eye on #LINK price action. We can trade according to the chart and make...
🔮 #SHIB Analysis 💰💰 🌟🚀 As we can see that there is a breakdown of descending triangle in #SHIB. There is a support level at $0.00001902, it will first retest its support level then after that we would see a reversal from support level . 🚀🚀 #SHIB #Cryptocurrency #DYOR
Triple top, not confirmed yet but looks very bearish. I opened a short position, I'm not waiting for a break down of the support at 0.66. I like to keep my SL as tight as possible. SL trigger if the pair breaks up the uptrend line with a daily candle and closes above ti.
If it reached the full breakdown target it will head to 3.12. However being a smaller time frame and a bearish pattern in the middle of a bull market cycle, it does decrease the odds of it hitting the full target. I think 3.12 would make for a solid correction for ABT after making such excellent gains the past few months. I do still think after it finishes this...
🚀#SHIB Analysis : Pattern Formation 🔮As we can see in the chart of #SHIB that there is a formation Head And Shoulder Pattern and it's a bearish pattern. If the candle retests the neckline then we would see a little dump in #SHIB📊 🔰Current Price: $0.00002340 🎯 Target Price: $0.00002060 ⚡️What to do ? 👀Keep an eye on #SHIB price action. We can trade...
Short term uptrend broken. Is heading to the uptrend line from Jan 2022, and I think it can break it down. I'm already short in Dollar against AUD and GBP and I have been adding. And I will add even more. To make it even worst for the Dollar the index broke down the uptrend with a HS. I don't need another trade to close out the year. This is the one, all in. I...
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A quick breakdown of a recently called trade.. Follow, like, comment. Thank you for your support
HS operantly forming. I opened a short position. I'm not waiting to break down the neck I think it can do it at any time. SL if a daily candle closes above the right shoulder.