I wanted to bring to your attention an important development in the LINK market that requires your immediate attention. As an avid trader, I believe it is crucial to stay informed about potential opportunities and risks that may impact our investment decisions. Over the past few days, I have been closely monitoring the Aroon indicator on the 2-hour timeframe for...
Chainlink (LINK) has just hit a new yearly high, and the celebrations are in full swing! 🎉🚀 Chainlink has been on an incredible journey this year, defying all expectations and surpassing milestone after milestone. Its upward trajectory has been nothing short of remarkable, and we couldn't be more thrilled to witness this groundbreaking achievement together. ...
BTC (Bitcoin) has been performing remarkably well lately, staying consistently above the exponential moving average periods within the normal range of the commodity channel index. This is a strong indicator of a bullish trend and an excellent opportunity for you to capitalize on! It's time to unleash your trading prowess and take advantage of this upward...
Technical Outlook: LSMA Indicators: The 45 period LSMA in red and the 53 period LSMA in blue are both trending downwards towards the pivotal 50 level, reflecting a bearish sentiment taking hold. TSI Behavior: The True Strength Indicator has just crossed and is angling downwards, with the lines beginning to diverge, enhancing the bearish signal's...
While Bitcoin continues to showcase its unstoppable bullish momentum, it's important to keep an eye on the weekly Relative Strength Index (RSI) indicator. As you may know, RSI is a widely-used technical analysis tool that helps identify overbought and oversold conditions in an asset. Currently, the weekly RSI for BTC has reached 70, a level that historically...
Discount retailers like Dollar General have struggled all year. Now, after a drop and rebound, sellers may return to the name. The first pattern on today’s chart is the series of lower highs since May, which have produced a falling trendline. DG is now back at this line. Will the downtrend reassert itself? Prices are also near the 50-day simple moving average....
Hi Traders, Investors and Speculators of Charts📈📉 The markets are trading in the red and XRPUSDT is currently trading right on top of the 0,50c support zone. Unfortunately no buyers are showing up on lower timeframes and the technical indicator flashes a clear SELL in the weekly, meaning more downside is to be expected. More downside seems highly likely with...
- Screen 1 (1 Day Time Frame): MACD Histogram ... A bullish trend is indicated when the MACD histogram increases 3 times in a row and the most recent MACD histogram is greater than 0. - Screen 2 (4h Time Frame): Stochastic ... Overbought: A buy signal is generated when the first screen is in an uptrend and the K-line crosses up the D-line below 20. -...
Hi Traders, Investors and Speculators of Charts📈📉 Polkadot is currently trading 93% under it's ATH. Although this is bad news for most bag holders, the good news is that the bottom is either in - or very close. There's no doubt that a bullish cycle is overdue, but not just yet. Technical indicators on lower timeframes show bears are still dominating, and there's...
Stochastic's unlike nearly all indicator's have the ability to flip from overbought/oversold to locked in to a continuation of TREND #SP500 is still locked in a bear trend after 3 days with both K&D lines above 80 or below 20 S and P 500 is locked into a bear trend still which means all rallies should be faded until that locked in status is lost
Palo Alto Networks has been chopping near record highs since the spring. Could it have a strong yearend? The first pattern on today’s chart is the bullish gap on August 21 after quarterly earnings beat estimates. The cybersecurity stock subsequently pulled back to a closing low of $227.45 before bouncing. It retreated again in recent weeks but managed to hold the...
Hello traders. Sharing a Bitcoin analysis along with its dominance in the right panel. 🗓 Today (on 04/18) the price retraced to the exponential average of 21, in the 61.8% Fibonacci retracement. 💹 Continuing this bullish move, the next target by the Fibonacci projection would be at $ 31,387.00 Should there be a further correction, a possible entry point would...
📜 Overview The MUX Protocol Suite is a set of two components: 1. a decentralized leveraged trading protocol, offering zero price impact trading, up to 100x leverage, self-custody, aggregated liquidity; 2. a sub-protocol that automatically selects the most suitable liquidity route and minimizes the composite cost for traders while meeting the needs of opening...
With 5 confluences using supply and demand and smc we expect to take this trade 1 before london session or in the london session looking for shorts
Macro Trend Lines from All Time High and before are converging before the end of the year and and into Q1'24. With this convergence and the MacD looking the lowest it's been since May of '22 where NATH then went on to gain nearly 200% value over the next 16 months. This one is a long term buy, and will continue to perform well into '24.
September’s been a pretty quiet month so far, despite its reputation for volatility. However, prices might be gearing for a bigger move relatively soon. The first pattern on today’s chart of the SP:SPX S&P 500 index is Wilder’s Relative Strength Index (RSI). The oscillator has been sitting little changed around the midpoint of 50 for the last week. It’s...
Like many growth stocks, Roku pulled back sharply in 2022. But now after a year of consolidation, the streaming-video company may be trying to recover. The first pattern on today’s chart is the bullish gap on July 28 after quarterly results beat estimates. Second, ROKU pulled back to form a base around $76 after the rally. That was near the peaks of mid-June...
Introduction: In the fast-paced world of cryptocurrency trading, it's crucial to stay updated on market trends and indicators that can influence your investment decisions. Bitcoin (BTC) has recently experienced a significant slowdown, as the Relative Strength Index (RSI) indicates. This article aims to shed light on this development and provide a cautious call to...