Hello traders and investors! Let’s see how the index is doing today! The index is performing very well these days, and it is frustrating the expectations of the bears again. It defeated the black line at 3827, which seems to be a Key Point for SPX, as it worked as support and resistance a few times in the recent past. Now, this point is supposed to work as a...
Hello traders and investors! Let’s talk about Nio today! My previous analysis was last Monday, what could've changed since then? Oh, and I'll leave the link to my previous analysis below, as usual. Today’s drop was very technical, as NIO just went down to fill the gap at the dotted black line, around $ 54.60, and now it is quickly recovering. The $ 54.60 was...
Two hammers are spotted on 4h time frame which could be considered as a bullish sign, at least in short term (next 24h). BTC could potentially retest the resistance line around 33500USDT.
Hello traders and investors! The SPX did a new record high today, which is amazing. Let’s see what’s going on here. The index is still trapped inside the congestion we mentioned yesterday, between the green line at 3861 and the black line at 3827, and as long as we don’t see a real breakout from any of these points, the index will continue moving sideways ....
EURUSD analysis for this week on the path of price action - As we can see, there will be a drop in the price of EURUSD If you agree with my idea, please leave a comment and Like - Leave a comment on my idea to have a discussion.
Re-test of breakout, bullish hammer, time to get involved We have support at the 50% fib retracement. Also low volume which indicates bulls are holding, possible squeeze on bears who bought on lower wick if price increases. Super bullish on this one. Good fundamental story/
EURCAD has arrived to a support zone at 1.535, and formed the hammer pattern on the daily chart on the last day of the week. Here the price can break this support and fall to the next support around 1.5, or the price will turn around and continue the sideway moves between 1.535 and 1.575
EURUSD 1h Time Frame ————- Price came down to retest the zone and we can expect an hammer candle pattern at 4h chart as a rejection of the zone. And expect a continuation for the up side 📈
Analysis: PLUG never ceases to amaze me. Technically, I think this has more to go. It's set up nicely near the apex of an ascending triangle that has been forming for two weeks. Today's candle showed a hammer formation with buyers stepping up end of day to take back control. However, volume has been tapering lately which is a concern. Either side could step up...
as you see we have 2 idea for this pair so monitor carefully as you see there is Hammer candle at 4 H and support zone and up trend. divergence happened before . if price fixed above of Hammer candle we can have #Buy. on the other hand if support zone and up trend are broken we should looking for good situation to #Sell
Long BTC at market or just buy first possible dip. Price bounced on 6h demand zone hitting also a 6h Fair Value Gap hitting 0.5 - 0.618 fibonacci golden zone creating a pinbar (hammer) on 6h Apply risk management
Hello traders and investors! We have a Red Monday today! Let’s see how NIO is doing right now. We have a correction in the hourly chart, and it seems the support area around the pink line ($ 49.31) did hold the price very well today. Now NIO is doing another Hammer candlestick pattern in a support level, and this usually attracts buyers. It must not lose the...
A good bullish candle but definitely not at the best place.
Hello traders and investors! Let’s talk about NIO today! It made a scary movement today, let’s see what’s going on here. First, in the hourly chart, the trend is clearly bullish , and this didn’t change since our last analysis (link below). But NIO did something new today, it couldn’t keep above the green line at $ 43.29, and the 21 ema is flat again, for the...
I like the hammer candle ok and it is forming a nice retest of that gap off of the big up day. Gave it a little extra wiggle room because it is a new name.