Been waiting awhile for NKLA to pull back to these levels and i plan on buying NKLA between $10.7 and $7.8 as it's reached the PCZ of a Bullish Alternate Bat Pattern and seems a bit oversold on the MACD and RSI at the moment.
We got in at the bottom and will continue to show conviction as the DXY attempts to back test the old 91-92 resistance zone as support. If successful the DXY should have clearance to rise to 94 and beyond. As of now the DXY is showing 3 layers of hidden bullish divergence on the MACD and 2 on the RSI while forming what looks to be a broadening channel above the...
With MACD divergence, reverse head and shoulders and breakout of this triangle, expect WAN to be at $2.70 during this ALT season.
let me know what you guys think. revised again
Beginning trader and technical/fundamental analyst. This is posted for entertainment purposes only not trading or financial advice. BKYI looking bullish to me. Like these names that are down at the bottom of their range with significant support over time. Could double by just returning to the 50% of previous high a little less than a year ago. Finviz shows low...
Hi Traders! On 1h chart of NEOUSDT, I found both MACD and RSI formed divergence, and an uptrend is about to reverse. So it's time to take a short position to book some profit. Entry SHORT - 45 USDT TP - 42.75 SL - 46.62 Risk/Reward Ratio - 1.77 :)
1/2 Month uptrend after 50/200 EMA crossover followed by bearish momentum shown on MACD Strong signals to sell as MACD crossover and histogram displays negative. Tested 1.297 4 times with strong resistance.
As indicated on the chart, SGEN entered oversold territory at the end of October which was immediately followed by a Bullish RSI divergence. We can see that price just bounced at support line that has been holding strong since May and at the same time we received a bull signal from our MACD. SGEN is down over 40% since May and considering the strong bullish...
here we have 2 scenarios of Bullish and bearish, the price action shows a higher chances of bullish rally but at the same time we can see Bearish Divergence on MACD, so we can wait and see or use this chart as a template and apply your analysis and find your confluences with it and choose a side personally I am bearish on it but as I said there are risk on this...
IWM has clearly benefited from the “sector rotation” out of tech, but I think this run is about to fizzle out. The run up was on a dwindling volume. RSI is currently way overbought. The MACD and Stochastic combo are signaling a divergence. Couple this with a potential bumpy week ahead- FOMC, bond yield, and the spooky quadwitching- and I feel like IWM is a prime...
D1 - bottom of the channel. H4 - multiple false breaks + bullish divergences. M15 - bullish impulse. Expecting bullish moves from this zone or slightly lower. Looking for bullish setups on the pullback.
Equities are selling off as interest rates on long-term Treasury bonds continue to climb. The SPX has broken out of an ascending parallel channel and is now trading near the top of a descending broadening wedge. If this pattern holds, the SPY could fall below 365 before finding support. The MACD and Stochastic Oscillator confirm this bearish trend: - Weak bearish...
Price has continued to make lower lows on the monthly, while the stoch & MACD indicators have continue to rise, which should imply bullish divergence. Interested to see how it plays out. If you assume price will hit the kijun-sen on the ichi moku before rejecting thats a ~1080 point movement.
The ETH/BTC pair has been consolidating in a falling wedge through the month of Feburary and is well-positioned to break out to the upside. The price is nearing the VPI point of control and 0.5 Fibonacci retracement level, so we can expect some volatility if a break out does occur. Furthermore, the Stochastic oscillator is oversold (now trending up) and there is a...
Right now Is a crucial point in BTC! Can we start the. Bullish uptrend straight to 70k now? Or will we dip down to low 40's- high 30's and fly up from there? I am super long on BTC for a long time and Am going to be super long until 450k! 250k is my prediction by December 2021! Lets go BULLS!
With Gold falling below its November low of 1862, we might get short term bearish on the price of gold. HOWEVER Bond yields are rising for 2 potential reasons; economic growth or inflation outlook. Though short-sighted wallstreet may think a major recovery is on the cards, the US market was in dire straights before covid already. Inflation prospects is thus...
Wix new price target: $ 404 When: Before Feb 23 Growth: 14.7 % Buy: YES There is no clear bottom here, but the Stoch is showing some strength signal, if this is the bottom, then expect these results to happen... Trade at your own risks
Paypal new price target: $ 344 When: Before March 8 Growth: 18.6 % Buy: YES If this is a defined bottom... Shows only on MACD so potential is there, but we need to see what happens.. Trade at your own risks