BTC is still bullish, that was just a shake out. We have a nice hammer that should hopefully bring us back up! This is not financial advice.
Why is Gold Possible Going Up? 1. Uptrend 2. Above Trend Line 3. Hammer Candlestick after testing Trend Line 4. RSI_Miguel Break Out 5. Governments Printing USD and EUR.
today was a big flush. However looking at the big picture this is a nice place to bounce. Some people's fib saying this is 50% level. Mine says 38.2% level. Whichever the case, if you are bullish this is not a bad place to add.
#AMZN bullish signal Position: long Entry price: 3320-3350$ Target price: 3500-3540$ RSI: approaching 30 which is oversold territory Keltner Channel: the price at the lower boundary of the channel Candle pattern: bullish hammer Conclusion: Candle pattern, RSI and Keltner Channel suggest a pullback to the upside. Long position is recommended on the lower band...
Hello traders and investors! Let’s see how AMZN is doing today! Today’s reaction in the 1h chart might be just a Dead Cat Bounce, as long as we lack bullish structure. However, AMZN is doing some interesting patterns, and it is worth to pay attention to them, as they might be early signs of reversal. First, AMZN is seeking its 21 ema again, and if we defeat it,...
Symmetrical triangle forming on TWTR here along with buyer volume starting to pick back up. Clean hammer & bounced right off the 100-day EMA - will be looking for a breakout from this triangle (broader market conditions permitting). Just some support and resistance levels and some RSI-based supply and demand zones to keep an eye on- PT1- $65.77 PT2- $67.01 PT3- $68.55+
bullish breakout and retest. semis have also been breaking out and holding the retest $SMH $SOXL
Petronet has formed a Bullish Hammer on Daily chart. This signifies reversal of a downward trend. Keep SL at 215 or slightly below it. Target1: 223 Target2: 230
Hello traders and investors! Let’s see how BABA is doing today, and do a complete Multi Time Frame Analysis (MTFA). First, in the 1h chart, we have a pivot point at $ 201.06. This pivot point can change the trend in the short and mid-term for good, if triggered, and it is the first pivot point seen in a while. What’s more, we have a purple trendline ...
The merger between NYSE:CCIV and LCID has been approved today and the stock will trade under LCID from Monday. A classic Bullish Hammer candle has formed taking support on the 50 day SMA and the AVWAP (Anchored VWAP) line anchored at the base since the merger was announced. Still the ticker is trading below AVWAP lines from the recent high, all time high...
I did a public trade on RBLX last month, which was a very good one, and now this one is back to almost the same price level I traded it on June21! This is interesting, but it is worth to trade RBLX now? Do you believe that the line at 83.36 is still here? I didn’t move it since last month, yet it is still making a support us. And some people don’t believe in...
Hi $RUNE goes back to $10 in 12 days from now btw. Good luck and happy withdrawings 4 sure
SPWR closed on Friday with a bullish hammer candle right on its 50day EMA. Consolidating in a symmetrical triangle at the moment, nearing the overbought range but buyer volume is clearly picking up relative to seller volume. Has resistance at the $30.75 level that it has rejected twice now. Will be watching closely for a breakout at the end of this triangle,...
After two great news, BLIN managed to run up to 10.41, making it an overbought stock. Jul-02-21 09:24AM Bridgeline Receives More than $2.5M in Warrant Exercises GlobeNewswire +56.00% Jul-01-21 09:00AM Bridgeline Partners Win More than 20 Site Search Licenses in its Third Quarter GlobeNewswire +33.72% This two news made possible this situation in which...
The breakout from the Falling Wedge seemed to get hammered down pretty quickly! o.O But the pattern then took the shape of a cup and handle! ^^ This indicates to me that the bulls are determined to break through, and they're probably going to succeed this time! Unless of course there's another hammer waiting to knock the break-out back downwards again. If that...
Yes, we got it right another good movement on NIO, e just missed the target for 20 cents! I’m sorry, but I’ll consider it target hit! The RSI was extremely oversold this morning and NIO bounced back to the 38.2% retracement. Now we have a hammer in the 4h chart, but we are still trapped inside the retracements, and I don’t see NIO doing nothing good while it...
Hi Traders, STATEMENT The aim of this post is to provide you a detailed explanation on how to use the daily time frame to create an explicit expectation of direction in the market you might be trading. Directional bias can give you a huge hint on how to trade on lower time frames (e.g., hourly time frame). RATIONALE What is the value of determining a...