As you can see in the 4-hour timeframe chart, there are several different bullish confluences that we are currently observing.
Firstly, the price is retesting a bullish trendline that has supported this recent bullish move since October 16th. Secondly, the price is also finding support from the 200EMA , and the price formed a nice rejection off this overlay...
Last week we saw the December E-mini Russell 2000 Index futures continues its bullish run with its third consecutive green candle closing into the Ichimoku cloud and above its 52-week moving average. With this move up, the MACD showed a bullish cross indication by crossing its signal line. RSI is trending up along with price. A continuation of this uptrend might...
Sunworks suffered a lot already, and the stock almost in the graveyard. I am following it a while, was a nice short on the way down. Finally posted a tiny bit more positive earnings compared to expectation.
Meanwhile a falling wedge formation created. Also moving in a big downward channel. There are two scenarios for counting the waves, one scenario suggests,...
Follow the trajectory.
Will be a money-maker!
This stock will Regain its Previous High. It is Forming a basing Pattern so many Successful stocks lay out before going on to Astounding heights.
(There is also a chance that they will beat estimates, due to easy comp's and expectations.)
EDITAS could be in the bottoming process, I am watching it for a few years now.
We have a falling broadening wedge, on which we had a breakout already. This is part of a bigger falling wedge (blue).
It is techincally possible, we had put in the lows at 6.35 as a wave 5 (as an ending diagonal), which is part of wave V as a last wave, of the biggest Wave (II)....
Following WBD for quiet a few years, and we could witness now a bottoming process, where either we have the lows already in, or we should be near to it.
On the several year-prospect we had already a wave 1 (or A wave) to the upside, with a wave 2 several year pullback as either as a-b-c (with an overshooting b wave to the upside), or a WXY structure.
Yellow...
Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Loopring / LRCUSDT has been trading under its 50 day moving average for a few weeks now (this is the weekly chart)....
Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
With the BTC Dominance drooping, I expect to see a rally in altcoins over the next few days until Bitcoin starts to increase again. One of...
Hi Traders, Investors and Speculators of Charts📈📉
I love the logarithmic view of BTC. It gives a clearer indication of price increases alongside growth. Although inflation and value factors aren't physically calculated into the price, seeing the upwards curve makes more sense from a "holistic view" that would include things such as growth and inflation.
A ...
Bitcoin is possibly forming a continuation Bull Flag pattern. Target ~40200
Price is respecting nicely 12H 9EMA as we can see from the chart (same with Total marketcap).
If we break the 9EMA support I think we will go test the Daily 9EMA and Flags bottom level where probably some buyers would show up. (Picture below)
This price action is quite fascinating and...
Hello, dear traders. I hope you're all having a great week.
Last week, we were looking to buy the DXY in two areas, which turned out to be very successful, and you can review those details in the attached chart.
However, on Friday, the price managed to break below our important daily low, shifting the market structure to the downside. Now, in the 4-hour...
KUCOIN:GALAUSDT testing a key level of significance (marked by red arrows). Trying to get above the 2100 area. If we stay above it and get on top of the 200MAs on daily (picture added) the next big resitance level is 5 cents. Possible 130% move for the patient.
XRP trade just hit our first target after breakout, 22% move.
And DYDX to stop loss, if you are...
Sunday analysis.
Seems like XRP is trying to break the first resistance which is the last previous highs (closer picture below). Price action looks like it would like to breakout and go 0.68 cents.
Good Risk/Reward here.
Ascending Triangles target is around 0.83 cents, 50% move.
Price has respected nicely the 9EMA support (picture below)
Check out my analysis...
Hello, traders and friends. Let's analyze the GBPJPY 1-hour timeframe chart and explore a potential buying opportunity in this pair.
Yesterday, the price successfully broke above a Daily bearish channel that had been pushing the price lower since August 21st. This impulsive breakout to the upside suggests the potential for the price to move higher, possibly...
There is a potential for a short term SHORT trade on BTC/USDT. If todays bar closes < 34.7k (~3.5 hours till close) there is potential for a short. There are two target zones:
Yellow zone, this is the most likely zone it may dump to between 32.5 and 32.8k
White zone, between 30.3k and 31.8k, this may happen if the lower level of 32.5k in the Yellow zone fails...
CRWD - Ready to bounce?
Despite the steep decline in the general market that started in mid July, CRWD was actually trending higher, showing good relative strength. In fact,it is still trading above its 50 day MA while both SPX and NQ is now well below this MA.
There are a few signs that CRWD could be ready to bounce from it's recent correction that started on...
United Bankshares Inc (NASDAQ:UBSI) released its Q3 2023 earnings report on October 25, 2023. The company reported earnings of $96.2 million, or $0.71 per diluted share, compared to earnings of $92.5 million, or $0.68 per diluted share, for Q2 2023. Despite the challenging environment, UBSI demonstrated resilient performance with accelerated growth and...
On Monday, BTC had finally crossed above and broke through its major resistance area located on this 1 week charts at $32,415 - $27,785.
Note:
BTC is still in a Rising Wedge Pattern as well as an Upwards Channel Pattern.
BTC is still in a massive Megaphone/Broadening Wedge Pattern otherwise known as an Ichimoku Y-Wave Pattern.
Take Note of the Liquidity...
