Microsoft as you see in the chart was clearly affected by the wild week we had of trading this past week but it has presented us with a perfect dip buy opportunity if you notice the last candle in the chart has a super long wick on the bottom side showing us that although sellers are in control buyers are rejecting lower prices plus we also are getting a nice...
0.786 can be seen as a previous point of resistance
now that price has moved higher than this level, it will be seen as a point of support for the breakdown of the rising wedge , a pattern that is commonly bearish (as you can see on the chart)
Pharmaceutical companies are possibly hot right now, due to the emergence of the new COVID variant.
Buy the Dip.
These are the levels I'm watching on $BTC. Now it's sitting on the 50SMA, next one is 100SMA plus previous strong resistance from September 2021, and it would be a 10% dip from today. Last one is 200SMA on daily and also anchored WVAP (about 20% dip, which is normal for daddy bitty).
$PYPL tanked through the $215 support that I draw yesterday. Today was its steepest one-day slide since March 16, 2020. This is a daily chart and there's another strong support around $200 together with the weekly 100MA. Seems like this support worked today and we got a bit higher towards the close but I'm not very confident that the price is stabilized quite yet....
China banned cryptocurrencies, but historically this has caused the BTC to boost and with it the altcoins and with it possibly some coins reach their previous historical maximum and others pass their historical maximum creating a new ATH.
One of the cryptos that I would like to buy in this...
Hi everyone 👋🏽
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📌 BITCOIN /USDT DAILY CHART
📌 PRICE ACTION - BULLISH FLAG - DOUBLE BOTTOM
📍BITCOIN has created a bullish flag in daily chart along with the double-bottom
✍🏼 Straight to the point, BTC is looking bullish in long-term. I was waiting for this flag for about a week lol =))
📝 First target of the bullish...
As mentioned in my previous post on BTCUSD, my final support level is on 41K ish... and it has proven to be so..
Even though it wick below a couples of time and close 1 time (4h) below it, it still manage to rise and close above it..
Looking at today's rally, if BTC cant consolidate above 43K, a test to the 0.5 and 0.618 fib level may be in play (The...
As you can see, BTC still making a higher low since few days back, and it just now testing the purple trend line BTC just broke and went upside few days before...
Right now BTC could found it support in both the purple trend line and the red fibonacci level line... this would be a very strong support if you asked my opinion...
if somehow the downward pressure is...
Today my goal was to determine how bullish the SBUX play I called out was and due to today, I still believe we are long. What I was looking for was a bounce from the VWAP that currently rest at 118.49. If it bounced then Id still be bullish and if it broke through then id be bearish. We have seen an obvious bounce but something that's also notable is the fact that...
In this video I break down my weekly crypto watchlist. I have 12 names for you guys this week, most of which have pulled back into potential support zones. I see these as buy opportunities as long as bitcoin and ethereum manage to hold up. Please note that these are just my opinions, not financial advice. If you enjoyed this please like and follow :) Good Luck!
BA looking to leave March lows uptrend temporarily much like it has in the past (as you can see in chart provided).
Any dips should put buyers in a good position to rocket to $300+. I have been watching BA since $140. Potential supports are at the $180/200 level. 210 (closing price), 205, 200, 190, 180 are other support levels.
Cup and handle as well....
Straightforward analysis on the US30 using fib pull , fixed range to demonstrate how respected this PA is to these levels pulled .
Market structure still in tact and expecting PA to either tap the POC and marked level and continue the trend .
Like and Follow for regular analysis
I buy Cardano spot contract as I use this Fibonacci analyze with confluence that in this level $2.40 USD it's show us a good support.
Cardano formed a bearish rising wedge in the higher zone between $2.90-$3.10 USD, And today, Cardano drop over 22%, that was incredible voaltile movement what Cardano do.
Now, I look that...
DOTUSD Daily analysis.
Follow the trading risk management analysis;
With the dip, I will be entering the market with the follow.
Strong resistance; TP: 29.7380
Always trade safe and Good luck!
Seeing a dip buy opportunity for TSLA. On the 2H the momentum is going neutral which coincides with the pullback. The daily momentum is still there and I could see upside to the 4H supply zone.