Cup and handle formation good volume EMA 10 crossing up EMA 30 daily ( momentum) r/r ratio 3:1 good trade
NASDAQ:IBIT March 12, 2024 Closed longs at 41.5 levels. it was approximately 1.618 extension for the move from 37.77 to 39.37 to 39.02. So far NASDAQ:IBIT consolidates or retraces to 50 averages. So for the rise from 39.02 to 41.62, I expect a retrace today to 40.6 levels. I have a next target as 43 levels if this retracement low is held. Also if 39.5 is...
Looking at the weekly chart, we see that while there is no major change in the slower momentums, the faster one looks to be moving back up again. PPM1 is starting to recover some momentum even as it is still in a downtrend. While price looks like it is starting to recover as a result, I'm not convinced of this recovery. However, price has already hit the low fib...
AMEX:SPY March 12, 2024. 15 Minutes AMEX:SPY opened with a gap down but managed to hold 508 levels. It was mostly sideways between 509 to 511 levels the whole day, around 200 averages in 15 minutes. Consider the fall of 514.46 to 508.5. Strength is only above 512.5. For the day need to hold 509.5 levels for a possible move toward the 512-514 area. If ...
In the last few hours, XRP has surged, breaking a resistance level dating back to mid-July 2023. The price now stands above the MA100D and MA200D, both which are rising. Additionally, XRP has surpassed the $0.615~ resistance indicated by the fixed range volume profile applied from 2023/07/13 until today — this resistance will now become a support, as well as the...
The magnificent golden cross happened on Jan 22nd week , the 50 SMA crossing above its long-term 200 SMA . So far this week - today- price action has found support at the 50SMA and also crossed above some other significant averages I look for, 8 EMA and 21EMA ( Exponential Moving Average) . Add it to your watch list, fundamentally is a good company. I DO NOT...
This analysis examines the current state of the XVS cryptocurrency and assesses its potential future direction. Technical Analysis: Battling Weekly Resistance: XVS is facing a significant hurdle at the weekly resistance level, which could determine the course of its future trend. Escaping the Accumulation Box: The recent breakout from the daily accumulation box...
Keeping things simple as we can see BTC is on track to test FWB:77K on a conservative move, I want to see it brake this level and test FWB:83K this week. Brace yourselves and keep holding them bags of ALTS!
NASDAQ:IBIT March 11, 2024 As of now, the uptrend is intact. Broke the box. On retest took support at the bottom of the rectangle and now above box. The sideways movement has given enough time for moving averages to catch up. For the rise of 34.03 to 40.2 NASDAQ:IBIT retraced to 37.77 which is approximately 38.2% retracement. And for the fall 40.2 to 37.77 ...
AMEX:SPY March 11, 2024 15 Minutes. AMEX:SPY opened well on Friday. The first bar a close near the top of the bar. Broke the channel. On retest of channel top, it went below channel. Closed my position at 515.5 levels. Nearly at cost. Now we will take 2 numbers in 15 minutes. The rise 504.91 to 518.22 and thefall 518.22 to 511.14. For the rise, it is...
150 SMA is a strong indicator i use to identify bearish to bulish coins. Looks like a good entry here for XRP
Miss this big time. Seems like rotation to non tech sector. I was watching but too impatient as the earlier movement were small gains. Don't chase let it cool off. Let the 8 EMA catch up. Check my X post as Vwapp88.
n the daily chart PYPL is at its six-month lows sitting on the support /demand zone after recent earnings which were helpful in showing earnings and revenues holding up. Upside to resistance is about 25%. The volume profile shows heavy volumes at both the current price and at $75 Any upward price action would likely experience volatility at $7 5 as that is...
PYPL on the 30-minute chart over the past week fell 10 %, Based on the anchored VWAP bands as well as the volume profile it is in deep oversold territory potentially as a reaction to the stablecoin plan. Volumes are relatively hig while the ZL MACD has had a line cross under a flipping histogram. I see this as an excellent long swing trade setup targeting the...
ORCL rose from its prior earnings which were not impressive. On the 180 minute chart, price ascended to the second upper anchored VWAP band and dropped to the mean VWAP band line in a standard Fibonacci retracement. Finally it turned upside and ascended to the first anchored VWAP line. The POC line of the immediate volume profile of the past two months is...
Wayfair is an e-commerce platform for furniture and home goods sold online. It has had gradually decreasing volatility on the daily chart in a symmetrical triangle, W is halfway between the past earnings in early February and the upcoming in May. Price is currently also compressing inside the triangle and halfway between the mean VWAP and the first upper...
PancakeSwap ( BINANCE:CAKEUSDT ) has broken above its weekly moving average 100 that is a strong bullish signal. We are hours away from the confirmation of this signal when this weeks candle closes above the weekly MA100. Later on, after a possible pull back to the moving average it will continue its way toward much higher price targets as the way above is very...
Bitcoin has retraced the trend down from the January 11 pivot high. The retracement is 0.5 Fib level. The zero-lag MACD and dual TF RSI both show bullish momentum. I believe BTCUSD may consolidate here and then at least by the Luxalgo Echo indicator bullish continuation will restart. I see a good entry at 43800 with a stop loss below the 0.5 Fib level at...