Sell Stop 122.02 LMT 122.02 GTC Buy Limit 106.31 GTC Buy Stop 135.04 GTC BILL daily bearish hammer conservative stop loss since can be grinding for a while in a chop.
Primary Chart: MATIC Price Chart Showing Overhead Supply Zones and Fibonacci Retracements MATIC Network Shows Strength in Recent Months Despite Being in a Bear Market As shown in the Primary Chart above, MATIC network's price continues to trade well below all-time highs of $2.92 / USD. No argument can be made that it has overcome its bear market just yet....
Not a great day to trade. Perfect example of what not to do on boring slow OPEX days especially after a huge gap down. Should have avoided it or only take A+ set up trades. Got burned and ended up revenge trading in the power hour to gain some losses back, but still ended up red on the day. Anyway, HAPPY MEXICAN INDEPENDENCE DAY!!!
Primary Chart SPX may rally this week to backtest the H&S neckline (now resistance) where SPX price experienced a downward breakout in late August 2022. So far, price action has come off the lows last week with some force and velocity. Short-term price targets are 4106 first, and if that level holds, then 4137 and 4187. Much depends on the CPI print on...
Primary Chart: SPX Symmetrical Triangle Suggests More Chop Lies Ahead Larger-Degree Symmetrical Triangle Suggests More Chop Looms Ahead in September 2022 SPX has formed a larger-degree symmetrical triangle on the daily time frame. This is shown on the Primary Chart above. The triangle is valid because it is composed of a series of at least two or more...
4100 seems to be the price area where the market is in equilibrium. Still some downside to 4000 in my opinion. Some chop around 4100 while market consolidates the recent Rally. 0.618 retracement to the downside may find support. On the other hand, markets may try to close the gap at 4220 before the end of the week. Either direction seems like a lot of...
COVID 19 -> PRINT $ -> INFLATION -> RECESSION -> NEW SUPER CYCLE when will the new super cycle? TAIWAN is a war for international trade and chips UKRAINE is a war for Oil & Gas = > Solution: Green finance and more green trade barrier
Morning/Evening all! BTC has entered a very choppy range, which means the price moves in a tight range bouncing between many levels chopping positions of all market participants, shorts and longs alike. In this picture I have marked and mapped the choppy areas as well as the zones that should be considered Resistance and Support. There are two ways to use this...
No death cross on the daily chart. The stock has significant support at the $73.90 level. Most recent resistance at the $87.10 level. 4H Chart Looking Bearish Short-term but on the verge of a reversal back into bullish sentiment. We'll see how this plays out with stimulus just being announced with the backdrop of a global semiconductor shortage. It could be...
For this post, I will use NDX & Nasdaq interchangeably. For those of you not as familiar with the index, you may be more familiar with the ETF QQQ, which tracks the Nasdaq or NDX. The NDX correction looks to be over. A bottom was created partially when Cathie Wood's set a floor by coming into the market guns blazing loading up on some of the riskiest,...
As i mentioned we retest ~10540$ support line, but.. that was pretty interesting, we printed one day candle with 2 weaks close to perfectly between lvl ~10540$ and ~12150$. (For me next price channel-white lines) , and the price will deal with it. Next move will propably test ~10.950 (22:35, im late? yeah im late) because RSI have downward position from overvalued...
Before I release this indicator into the wild, I am currently implementing an "early warning" system. What it is designed to do is give people the chance to exit the market before things turn sour. The lead time between the yellow spike and the indicator turning red is between 1-3 days. It only appears on charts with significant volume/liquidity.
S&P500 chop continues for the 25th trading day in a row. Seems we're gearing up for some volatility expansion and a directional move in the coming days/weeks – question is, back to ATHs or a rollover down towards February lows?
Well, what have we here. Looks like Bitcoin's dropped into a range between $9300 - $9500 on the 15m chart. If you fancied it go for a bit of range trading between these values, keep your stops tight and, as always when range trading - TAKE YOUR PROFIT AND RUN. Just take what you're given and go! Good Luck & Happy Trading
Being caught in a range isn't always a bad thing, especially when you can trade top to bottom and back again! Bitcoin looks like it'll be caught between $9500 and $10,200 for another couple of days, with a breakout indicating a move of at least a few hundred more dollars in the given direction. Get your Long order in at the low end of this range, ready to take...
A quick one on Ethereum Classic 15m right now - we're showing a Long entry around the current price @ $7.25. I'd take this one with a Stop Loss @ $6.99. You might even be able to get a Long at $7.11 (lower line on the channel) if you fancied it! ----------- Crypto Scalper Good Luck & Happy Trading -theCrypster
Seen from this angle it would appear the price of BTCUSD is currently stuck ranging between a high of $9200 and a low of way way down @ $8000! Don't take this the wrong way, we're as optimistic as the rest regarding the upcoming halving; but looking at this there would appear to be a clear range that (unless a big Breakout occurs) could drive the price all the way...