In this chart we're looking at AAON on the 1D chart as price has consolidated into a rectangle. Price has broken out through the horizontal boundary at $52.50 and has confirmed the breakout by breaking through the $53.29 area. This rectangle has a price target of around $61.67 for about a ~17.5% gain. This chart pattern breakout is occurring above the 200EMA, so...
Hello Traders! Quick update on BCHUSD, where an important support zone is approaching, a hold will confirm a macro S/R flip. Points to consider, - Trend bullish - Key resistance broken - S/R Flip retest (.50 Fibonacci) - Stochastics in lower regions - RSI hitting support - MA crossed bullish - Volume Declining BCHUSD’s trend has put in a new higher high,...
Tim's MA-X Strategy. This is a Moing Average Cross or MA-X strategy setup. MA-X strategy consists of the 100 period simple moving average (SMA) in red, and the 20 period exponential moving average in blue. If the 20 ema is above the 100 sma then we only take buys or longs. If the 20 ema is below the 100 sma the we only take selss or shorts. *In this case price is...
Hello Traders!, Today’s chart update will be on a stock called NIO (referred to as the Chinese TESLA), which has come out of a bear trend approaching key resistance. Points to consider, - Strong uptrend in fruition - Structural resistance yet to break (.50 Fibonacci in confluence) - MA’s crossed bullish - Stochastics in upper regions - RSI in overbought...
Tim's MA-X Strategy. This is a Moing Average Cross or MA-X strategy setup. MA-X strategy consists of the 100 period simple moving average (SMA) in red, and the 20 period exponential moving average in blue. If the 20 ema is above the 100 sma then we only take buys or longs. If the 20 ema is below the 100 sma the we only take selss or shorts. *In this case price is...
This is an easy trade. Take a look at the WavesUSD chart too. It wants to pop up 20% like this here. Undervalued, ready to pop, I take it. No financial advice, just my trade. When btc is stable around 8800, it will pop in usd and when btc drops, waves will hold usd and get btc value. When btc rises, it will hold btc and get usd value in my opinion. WAVESBTC...
Hello Traders! Today’s chart update will be on LTCUSDT where a key structural level is being tested, a break will confirm a trend change. Points to consider, - Higher high probable - Structural resistance in confluence with .236 Fibonacci - EMA’s cross bullish - RSI trading in overbought - Stochastics in upper regions - Volume increasing LTCUSDT has a...
Hello Traders! Today’s chart update will be on IIPR which has a potential bullish pattern playing out – an Adam and Ever reversal formation that will be confirmed by a break of structural resistance. Points to consider, - Bullish pattern coming to fruition - Structural resistance to break - EMA’s supporting price - Stochastics in upper region - RSI trending...
Quick update on CRON, which has broken a key resistance level, now potential support upon retest Points to consider, - Trend change with Higher High - Structural resistance broken - RSI diverging - Stochastics in upper regions - EMA’s support - Volume increasing Higher high has come to fruition; this is the first time in CRON’s bear trend, signalling a...
Hello Traders, Today’s chart update will be on XRPBTC with a probable bullish divergence coming to fruition if local resistance is broken. Points to consider - Trend testing key levels - Local resistance to break - EMA’s currently support - Stochastics neutral - RSI respecting trend - Increase in volume Trend is testing technical levels and holding, an...
Hello Traders! Today’s chart update will be on APHA which is forming an inverse head and shoulders, close to breaking its neckline. Points to consider, - Trend change attempt - Structural Resistance/ Neckline being tested - EMA’s acting as support - Stochastics in upper regions - RSI at resistance - Volume increase APHA is attempting to change its trend...
Hello Traders! Welcome to another update, Today’s chart will be on LTCBTC which has broken key levels negating the market structure. LTC is probable to reach higher levels before a bullish confirmation of the POC. Points to consider, - Trend change in fruition - Major resistance broken - EMA’s holding price - Stochastics in upper regions - RSI hitting...
Hello Traders! Today’s chart update will be on SILVER, which is approaching key resistance levels, that if broken, well change the overall market structure. Points to consider, - Trend considered bearish - Structural Resistance being tested - EMA’s support - Stochastics in upper regions - RSI currently overbought Silver is considered to be in a bearish...
Hello Traders! Today’s update will be on BTCUSD which is in a defined down trend; Key levels needs to be watched for the direction of the overall trend. Points to consider - Trend bearish; Consecutive Lower Highs - Structural Support holding - Key resistance to break - Stochastics in lower regions - RSI neutral - 200 MA to break - Volume Declining...
To wrap up the year I'm going to leave you all with one more idea I have my eyes on. In this situation, we're looking at $MDU. MDU Resources Group is a stock that we have seen consolidate into two different patterns over the course of the last nine years. Both respective patterns have yielded excellent results as both have reached their respective targets. Now...
Hello Traders! Last Day of the decade! Bring on 2020! Today’s chart update will be on LTCBTC which has broken a key technical level and has consolidated- S/R Flip. A confirmed trend change will come to fruition when structural resistance is broken, Points to consider, - S/R flip - Strong structural support - Strong Resistance to break - RSI respecting...
Hello Traders! Welcome to another update, Today’s chart update will be on ETHBTC which has put in a potential new higher low, possibly changing the overall bearish trend. Points to consider, - Probable trend change coming to fruition - Local support respected - Local resistance yet to break - Stochastics in lower regions - RSI hitting resistance - EMA’s...
Hello Traders, Quick Update Today’s chart we be on BTCUSDwhich is testing a critical support level Points to consider, - Trend bearish - Major support being tested - Stochastics in lower regions - RSI approaching oversold - EMA’s giving price resistance - Volume needs to increase BTC has put in consecutive lower highs with no clear sign in trend...