I've been looking across a lot of candlestick time frames and all signals are still showing signs of decline for Uber. I am up 40% on my position, will be holding another day. Will be holding until I believe we are near a low. I do not see this stock going up tomorrow.
Today’s analysis – THETAUSDT – breaking Dynamic S/R, failure to close back above is bearish.
Points to consider,
- Price Action Pivot
- Range Low Support Confluence
- Dynamic S/R Resistance
- Oscillators Neutral
- Declining Volume
THETAUSDT’s immediate price action is below 21 MA and Dynamic Support; this allows us to have a bearish...
Right now, I think Nikola's sentiment is still negative correlations and the 2023 plant isn't big enough news to dramatically effect its financials. I'm still keeping a close watch on it for potential retracement curves, but think support levels and brand equity still have ways to go. I expect with the current decline and previous correlation waves, this should...
"-This oil and gas company is expected to post quarterly loss of $1.48 per share in its upcoming report, which represents a year-over-year change of -428.6%.
-Revenues are expected to be $153.65 million, down 64% from the year-ago quarter."
Today’s Technical Analysis – USDCHF- trading in equilibrium where a break is imminent
Points to consider,
- Structural resistance (bearish retest)
- Declining volume
- RSI at 50
A break in USDCHF will be imminent as price continues to reach its apex. The support and resistance lines will converge leading into a break in structure.
Bonjour à tous,
J'espère que vous allez bien !
Comme évoqué dans video d'hier ( ), nous arrivions à une zone de forte résistance et les acheteurs n'ont pas tenu la pression , et on a assisté à une belle baisse (entre 5,83% pour le $BTC, 7,63% pour l'$ETH au...
AAPL had a steady decline in volume as it ran up to test the recent new all-time high. This may create a short-term sideways price action until more volume buyers or High Frequency Trader action triggers more volume to the upside.
Bloom has been on a massive / fast paced run since October, however a clear downtrend is still present, and the success (breaking the downtrend) or failure of this bull flag, will determine if the stock rises or falls. An island top is also present with a clear price gap.
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ABCD triangle on Coinbase:BTCUSD weekly chart first and second retest occurred within 105 days of each other, if history repeats itself Bitcoin appears to be 70 days away from a further decline to $7800
However, Coinbase:BTCUSD could make a break to the upside testing HUGE Resistance at $9,500
Crude oil looks range bound at the current moment with a break of the wedge up or down indicating a nice sell or buy opportunity.
I remain bearish and am selling at the top of the wedge. Expecting to see below 50 by year end