With PLTR we see several items that could be a signal for a potential reversal finally. We see a broken upper Bollinger Band multiple times as well as bearish divergence near this top. Also a gap back down below short term support (highlighted by the blue line). Even though I have the next spot for support marked, we could be looking at a "SOFT" landing around...
For DOGEUSD here we may have possible reversal sentiment. The Elon Musk effect may have run its course for now as multiple rejects on the resistance line with no successful push through. We also have overbought levels on the RSI and the upper Bollinger Band. For this short, the Stop Loss is placed above the upper band and patience is key. Waiting for the...
Simple idea here: AUDUSD breaking below lower Bollinger Band with several following candles showing slowed down trend. If we close the current (circled) candle successfully fully above the bottom band, simple is expected. Next resistance lines are noted (drawn off the daily with at least two touched) with the Stop Loss & Take Profit also highlighted. Easily can...
Price recently reached the 1.53546 resistance , tried to break it to upside but failed ! there seems to be a selling pressure on the pair ! i expect the price to move down to the lower limit of the given Channel . my next Target is 1.49800 !
I recently took a long with MATICUSD and was a successful trade. It has also cleared previous resistance currently and looking toward the next short term (drawn from the Daily) resistance level, highlighted with the blue line. MATICUSD is also clear of the 200 EMA but if you look at past movements, the 200 EMA has not been respected by any means. We are also...
Return Comparison: Bitcoin, Jakarta Composite Index, and Gold
With Ford reaching support zone levels (as well as key value level) not seen since June and February as well as extreme oversold levels, this may be the call for a reversal here upcoming. I am keeping my eye on this and waiting for a confirmation candle to signify change of sentiment as the bottom band on the bollinger band has been broken. The market itself, is...
XRPUSD had a nice run up most recently, but with its break of the upper Bollinger Band along with over bought status at extreme levels, reminiscing February 2022, we may be looking to revert course. Currently under the 200 EMA as well and rejected off of the major resistance zone, I think a safe landing would be next major level of support for the time being. I...
Took another short to catch this window with XRPUSD. I think a good opportunity here to capture this downtrend to the next major support zone as the previous closed UNDER the 20MA successfully. Also with RSI in the middle, you can look to September 18th timeframe but the difference there is XRPUSD had the 20MA, 50EMA and 200EMA to bounce off of. This time, this is...
Quick Long LUNCUSDT 10:1 RR to EMA 200 on 15 minutes timeframe , divergence on Momentum LB and high volume spike
Here we have USDJPY again trying to reach the and move beyond this resistance zone and good sign. We have a big engulfing bullish candle that preceded this and continuous uptrend from the break of the lower Bollinger Band. We are still in an uptrend with the Yen so I think a retest into this area is warranted. We cleared the 50 EMA, still above the 200 EMA and...
$XRPUSD has gone parabolic amidst positivities in the SEC trial and has rocketed to levels not seen since April 2022. It has cleared the 20MA and 50EMA on the daily with ease. The 200EMA is still in question but is looking good BUT $XRPUSD is coming in another major resistance zone that has been tested multiple times so I am awaiting on the 4hr chart to see how...
Primary Chart: Ethereum's Bear Rally to Continue a Bit Further Before Downtrend Resumes Chart shows Bollinger Bands, Fibonacci Levels and Supply Zone Summary: ETH's short-term countertrend rally continues and points higher in the short-term before the downtrend resumes. Near-term targets are resistance and lie at $1798-$1823 range and 1912.49 over the next...
Primary Chart: Bollinger Bands and Fibonacci Channel with Key Support Zones HighLighted Summary: The path of least resistance continues to be downward. Key support levels were broken just above at 1319 and 1455, which are now resistance. Bollinger Bands are widening, signaling a trend move in the coming week. After a whipsaw move to the upper band, price is now...
I've added the Bollinger Bands into trading strategy as an added confluence and to help identify proper pull backs and knowing when the market turns. Was watching $ETHUSD closely today and as with everything else after Powell's sentiments, it went haywire. If the $ETHUSD were to clear the 20MA I would have longed but with it closing and retreating back to levels...
With a nice bounce of the support zone and successfully clearing it, there may be a case for $BTCUSD on the upside slightly for a quick gain here. If it clears the 13 EMA there is some separation between that and the 50 EMA to make around 25-30% and get out. I wouldn't want to hold a position with FOMC upcoming and strictly for short term upside. Long term, there...
The dead cat bounce was retraced last week along with all other markets and hit the trend line nicely. If we break the support zone highlighted (which is a major leve) the next stop is around the $16,000 area (which isn't a strong level at all) and then $11,000. We haven't cleared any trend line and have respected the 50 EMA for over 5 months now. For investors,...
hey guys STAR HEALTH stock was moving in a pattern called TRIANGLE PATTERN this stock has tried to cross this pattern but it has failed everytime , But now I think that this stock will break this pattern BECAUSE 1. A TWEEZERS FORMATION 2. 20 DAY EMA IS ABOVE THE 50 DAY EMA 3. A BIG GREEN CANDLE IS MADE due to these reasons , this stock is good for...