ABT just broke out of a downtrend while simultaneously battling a key resistance zone. It did so, while gaining positive momentum within a monthly TTM squeeze (and firing the Daily Squeeze). If it can hold above the newly formed support, it might be ready for a bullish run up to its previous all-time-high, which is coincidentally equidistant from the newly...
DOW Inc. had been downtrending for quite some time (since it made a double-top peak in April of '22). But, I'm seeing signs of life. On the monthly timeframe, it's squeezing with rising momentum. On the weekly timeframe, the squeeze fired 2 bars ago and, there's a Daily squeeze primed to fire long. Combine that with the fact that it just formed a nice cup &...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 21.2/61.80% Chart time frame : D A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : C A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance....
LPLA just fired a daily squeeze (and is compressed in a squeeze on the weekly & monthly timeframes). Additionally, it's coming out of a head & shoulders pattern off the major bullish trendline. Key Fibonacci levels roughly align with the prior high at the 1.618 extension ($270-275) and the head & shoulders upside projection is at the 2.618 extension ($313-316)
Bitcoin has printed a two-year high, and established itself above the 50000 USD mark. The next leg up is in preparation. For this to happen, this market needed to extricate itself from the long trading channel that had supported it since the end of the 2022 bear market. Channels are useful, until they are no longer, but still fulfill a little bit of support while...
I am looking for price to pullback into support testing it before moving upwards,
Let's examine the daily Bitcoin BINANCE:BTCUSDT chart to identify potential developments. There are several scenarios that we need to consider now! 1️⃣ Firstly, we have the possibility that we are still moving inside of our Wave 4 (in red). In this case, we need to ensure that we go beyond the 61.8% level at a minimum to gain more clarity. 2️⃣...
TX Swap after breaking out of a Falling Wedge pattern now finds itself attempting to confirm a Tweezer Bottom Break-Hook-Go with Bullish Divergence at the 1.618 Fibonacci Extension with elevated volume. If this turns around from here, I think the upside move could be quite dramatic.
Taking a looking at NZDJPY, I am waiting for price to pullback into support or the three golden levels of the fib before buy all the way to the upside,
Bitcoin indicates a bullish sentiment as it rebounds from the Fibonacci 0.382 level at approximately $51400, suggesting an upward trajectory. The presence of green dots on the Market Cipher B indicator reinforces this outlook, indicating increasing bullish momentum. If the upward momentum continues, we could see a test of the $52000 resistance level, aligning with...
Looking for long positions going into this week as price failed to continue creating lower lows and high lows and has now started creating higher high and is now coming back for a retest into support. I am looking for price to retest this current level of support which, lines up with the three golden levels of the fib. This creates a high level of interest or...
Hi dear friends, hope you are well and welcome to the new trade setup of Tellor (TRB) token with US Dollar pair. Previously we caught almost 113% pump of TRB as below: Now on a daily time frame, TRB has formed a bullish Cypher move for the next pump. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
AKT printed an extremely bullish candle today slamming the momentum trend line with defiance. I expect this to be the start of a huge run here with NVDA hype maintained. There is little resistance until 5.5 and then its price discovery. A while back I split some of my RNDR bag into AKT to diversify a bit, I am partial to tokens within the cosmos ecosystem so I...
Am i only seeing longs here? maybe, either way, looks long.
I am looking to possibly enter another call setup on RTX soon with this consolidation within the second gap. I have successfully traded this stock with options twice in the last year. My setups tend to be longer-term swing trades. With this said the last gap took about 15 weeks to fill I believe this gap may take about as long if the spx remains strong. The...
Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price remains below the local downtrend line. After using Fib Retracement, support is visible at the level of $50,079, and the next important level is $49,282. Looking the other way, first the resistance is at $51,446, and then we have a strong zone from...
Buy Above - 2095 Stop-Loss Below -1860 Target - 2700 Risk to Reward - 1:2.5
Update to my posted call for 52.8k target and resistance (click). BTC hit the Golden Genesis fib at 52.8k and is staggering since. It still appears very bullish, but bulls are clearly struggling here. The longer it hovers below the major fib, higher risk of a drop. Golden fib at 52,838 is now reinforced by local fibs for stronger barrier. There is a new...