PYR Break of Falling Wedge on the DTF.
RSI Bullish Divergence on the DTF
Resistance at the Mid Range.
Target $5.00 Short to mid term and $7.50-7.90 Long term.
D1 - Price has reached a key support zone and is bouncing higher.
Bullish divergence.
H4 - Bullish divergence.
Higher highs
Until the key support zone holds I expect the price to move higher further in the short term after pullbacks.
In the previous week the pair formed a double bottom pattern and bounced bullishly off the support.
The double bottom coupled with bullish divergence on technical indicators suggests an uptrend in the coming weeks.
Expect a pullback towards weekly support on market opening ,from where we can open buy orders.
NVDA NVIDIA Corporation looks ready for a technical rebound.
A technical rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold.
In this case, the Relative Strength Index momentum indicator of NVDA is below 30.
Even though i am overall bearish on the economy, buying a strong financial instrument when...
On 1D TF, SKL has been in a falling wedge since almost two months (see screenshot below). Today, it broke out the wedge.
On higher time frame (1W), a bullish divergence can be seen: OBV and MFI increasing, CMF having broken its trendline. Moreover, an inverted hammer re-inforces a potential reversal (cf. the below screenshot).
The proposed setup is in chart...
Hello my Fellow TraderZ,
Few days ago I made an analysis on $DYDX ranging inside Descending Channel Pattern on 4 HTF.
Although price gave a Fakeout and create a Double Bottom and again came back inside the channel and breaking upward of the channel.
BULLISH DIVERGENCE is still valid + Price is trying to come above the EMA 55 on 4 HTF + ...
Hello my Fellow TraderZ,
$TRB is ranging inside a FALLING WEDGE Pattern on 4 HTF.
I've mentioned here that the Double BULLISH DIVERGENCE is in formation on 4H RSI.
Price is just getting hit by EMA 55 if clears and breaks out of the Wedge Pattern, we can see the mentioned targets.
Also if we lose $14.7 , look for SHORT,
Trade well FAM. CHEERS!!!
D1 - Price is bouncing higher from a key support zone.
Bullish divergence.
H1 - Bullish divergence.
Higher highs.
Until the key support zone holds I expect the price to move higher further in the short term after pullbacks.
Hello my Fellow TraderZ,
So what's up Buddies,,,today we have $LUNA on the table.
After bouncing to hug 3.5x #LUNA has fallen sharply as expected. The game of Pump-n-Dump is on #LUNA. And from time - to - time, we gonna see such amazing bounce to 100%-500%. So can choose this one as a GAMBLING bet.
Well now after sharp decline of ~70% following th recent pump,...
BTC has given me great reasons to be concerned that we would break through our PCZ and pull down into the 78.6% Retrace below but despite how many times it's tried it's managed to hold the local 88.6% Retrace as support and now we will have confirmed a stopping volume candle on the daily if BTC's Daily Volume doesn't change much in the next 15 minutes before the...
In NZDJPY short term sell idea post, I mentioned that "Price is bouncing lower from a key resistance zone on the H4 chart, in addition to this we also had a bearish divergence and lower lows based on the MACD indicator. On the H1 chart, we had a bearish trend pattern so until the key resistance zone holds, my plan here is to sell pullbacks in the short term".
The...
We have a promising looking Falling Wedge Visible on the Hourlies with a small Deep Gartley at the Bottom. My target here will be the .618 retrace and the SL will be below the previous major low to our left.
Hello my Fellow TraderZ,
We are now coming into the most awaited week where we have FED Rate Hike announcement on SEPT 20/21. So as usual US Equity Markets is reacting to the probable Hawkish action of FED, followed by #CRYPTO as well.
Many of us are expecting the rate hike to be between 0.75bps and 1bps. If we see 0.75bps, it is good and more so like #BITCOIN...
PLSD daily made a perfect pullback to the
6.18 Fibonacci while hitting the absolute
oversold position in the RSI. Classic Bullish
Divergence with the price action and RSI
Price has formed a double bottom pattern with bullish divergence suggesting bullish movement.
The initial target for bullish retracement is the 32800 resistance zone.
USTC has formed a Bullish Bat on the Hourly Chart and may be looking to recover alot of the losses it's made this week. We may also see either LUNA2 or LUNC rally from where they are as a result of USTC Showing Strength if it does pivot here.
