Dogecoin on the 60 minute chart has been in a good trend up for more than 36 hours. Moving
averages have been diverging but price is now falling in a pullback to the SMA21 and EMA21
while the EMA 50 continues to trend higher. The relative strength look back is solid green.
I see this as an excellent point to add to Dogecoin with the risk being the market cap...
TLT has been in a broadening wedge and formed a falling wedge within the larger pattern.
Price bounced off the lower supoort trendline in the mid-morning of trading then rising
to break out of the falling wedge. I see this as an opportunity to take a long trade in TLT
and close out a TBT position at the same time. This reversal may be due to the value...
The greenback might be showing signs of a peak -- despite strong economic data and a favorable macro environment.
The first pattern on today’s chart of the U.S. Dollar index is the price line around 105. DXY stalled at this level in mid-February and again this week. Some traders may view that double top as a bearish reversal pattern.
Second, the resistance is...
Short Term Targets are ~23 usd
I expect price to hit within the next 5 weeks.
Also looking for a trip to 20-21 usd range to fill a monthly gap.
Overall I am bullish on silver.
Short Term target is 54k
Long Term target is 20k
Monthly is consolidating and will likely find it's way back below the 20 EMA near the bottom of the Keltner Channel.
Target is 54k
May reverse in the 54-64k zone to fill the gap left at 20k.
Bullish if we can break the double top formation,
Target is 80k-120k
Expected to hit 54k with in the next 6 weeks.
Seeing a weekly momentum shift forming, expect major trend change.
Couple of scenarios, Economy could break and fed allows inflation to creep up while easing on rates, If they reduce reverse repo rates then yields will drop as money market funds buy 1 yr bills on the open market again.
Otherwise they might have to increase rates if inflation continues to weigh...
Cheniere Energy has been sinking as the broader market advances. Now some traders may see risk of another push to the downside.
The first pattern on today’s chart is the series of lower monthly highs and lower monthly lows since early December. This contrasts starkly with the advance in the S&P 500, potentially reflecting bearish sentiment in the tanker...
ON shown on a 30 minute chart- has fallen behind but is a top 50 seached on the the Zack
website. It recently trended down from a push to outside the Bollinger Bands showing extreme
buying volaility and price action than a big fade into selling volatility and a slight compression.
The TTM squeeze fired just as price fell outside the lower band. Price rose...
AAP on a 240 minute chart has completed a Fibonacci retracement of the previous trend down
which covered April to October 2023. Support was retested for a month or so. The retracement
starting in December is now to the standard level and price is being rejected there. The faster
RSI topped out at 65 while the slower RSI line ( black ) never got over 50. As...
something or definitely a working project that its time has come
a facility that covers current and future de fi requirements
on top of it is the beauty of its being COMPLIANT
and adaptable or built on NEAR MATiC FLARE and AVAX
still under the radar or un appealing to most as it tank from launching
it has the same dna that of INJECTIVE and AiOZ
or so most...
DUOL on the 30- minute chart shows a healthy pullback of about 5% from its ATH reached both
Feb 29th and a few days ago. so it is just under a double top. On March 19th, it rallied from
the pullback to put in the second ATH and then dropped 5%. The question here is whether,
CUOL can attract interest volume and so money inflow to allow a price rise (Wychoff''s...
Berkshire Hathaway broke out to new highs in January. Now after a pullback, it may be continuing higher.
Consider the price zone around $400 on today’s daily chart. It has a potential double significance. First, it represents a 50 percent retracement of the move between January 23 and the high of February 26. Second, it’s near a high on February 13 that was...
NYSE:DAR long idea
MA and the first two indicators are direction bias (Mean ^, Var ^)
The last two indicators are information theory and not directional.
It's always important to look the US Dollar when determining the outlook for Bitcoin. Remember, when the US Dollar rises, Bitcoin does the opposite, which is why the price of BTC is experience in the red.
However, looking at the US Dollar Chart, the DXY is oversold on the Relative Strength Index. This is a bullish momentum for Bitcoin, as the US Dollar can...
Semiconductors showed signs of stalling last week, and Advanced Micro Devices might have confirmed a potentially bearish pattern.
Today’s chart highlights the big price swing on March 8, which featured a record high and then a close below the previous session's lows. The resulting candle was both a “shooting star” and a bearish engulfing bar.
AMD proceeded to...
NYSE:SHW -- bullish chart
Mean ^
Var ^
Autocorrelation crossed 0 into positive territory, which means trending
Last indicator shows a measure of information; the higher the information, the higher the uncertainty. You want to be trading when the indicators is decreasing.
