Bitcoin is facing historical supply zone and RSI about to enter overbought territory. Local top seems near and price may retrace down to 50MA, mid-term. ⚡️⚡️ #BTC/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Short) Leverage: Isolated (5.0X) Amount: 5.5% Current Price: 51926.9 Entry Targets: 1) 52197.8 Take-Profit Targets: 1) 40814.3 Stop...
The farther we get from the launch of the BTC ETF, the clearer the picture becomes. We had a bit of euphoria and then a typical sell the news event. ARKB is now consolidating between $42 and $44. Although we don't have too many data points yet, on the 65min chart it's now back above and surfing the 20 and 50 EMAs. With the Bitcoin halving just a few months out,...
FTM 3day chart looks bullish. Already had decent move up recently. .55 level would be the level to break, then consolidation and then run to the upside. The first target being 1.00 maybe little higher Thanks for your time! Not financial advice, just my 2cents
UROY basically sells rights to mine uranium for a percentage of the production. It is a penny stock in the nuclear subsector of energy which is undergoing a renaissance in this era of fossil fuel addiction detoxification in the context of climate change remediation agendas. The 240 minute chart shows a parabolic move in mid January followed by...
AMEX:SPY February 28, 2024 15 Minutes Yesterday did not get a chance to short. Once more 505 was protected. Consider the rise 493.56 to 510.13 504.75 to 507.16 and the fall 510.13 to 504.75 For the first rise, AMEX:SPY has retraced 38.2%. For the rise at close AMEX:SPY needs to hold today's 506 levels to continue the uptrend. I expect 508 to be...
This is a play all too familiar. while other alts have run and made new all time highs over the last few months, one of our early, strong performers in the crypto market has become boring, while building a strong base fro 67 days. Injective is finally starting to turn up and reach the $40 dollar range for a third time after breaking down from it's previous all...
The first ABCD on the Pic starts the move from the 61% FIb retracement. Just noticing that Then after the EMAs cross up, take all ABCDs. Notice how important it is to have the confluence of a previous support. For sure easy to see after the fact, but such pictures should be part of your collection and prep work so you believe it works. One of the best...
NRIX , on the 15 minute chart is experiencing increase volatility and volume now two days out from its earnings report. It printed a "big ass" green engulfing candle to finish the week. The MACD with zero lag shows a bullish inflection in the lines On the daily chart, price fell about 25% in 2023. earnings have been both line beats but the negative cash flow...
Ravencoin just printed a morning star on weekly TF, looks promising for mid/long-term recovery towards 50MA resistance. ⚡️⚡️ #RVN/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Isolated (1x) Amount: 10.1% Current Price: 0.01924 Entry Targets: 1) 0.01703 Take-Profit Targets: 1) 0.02713 Stop Targets: 1) 0.01198 Published By:...
Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Id
AMEX:SPY February 27, 2024 15 Minutes. As expected a small retracement happened and 505 was protected yesterday. For the move 503.02 to 510.13, nearly 61.8% retracement is done. For the fall 509.06 to 505.86 507-508 will be a good place to short. For the rise of 493.56 to 510.13, we have a 61.8% retracement of around 500 levels. For the day I will short...
WDAY provides software for large enterprises; it reports Monday the 26th after market hours. On the 15-minute chart, it is surging. A recent news catalyst was an upgrade to a target of $ 350. My call options went double digits from a buy on Friday the 23rd at the opening bell. This looks like a good one for earnings scalping whether it is with shares or a...
We have topped for this cycle. No one wanted to buy at 15k. Everyone wants to buy after the government says it’s okay to buy after the ETF.
Material stocks have been stuck in a tight range since the bear market began almost two years ago. But they could be showing signs of a potential breakout. The first pattern on today’s chart of the AMEX:XLB Materials Select Sector SPDR ETF is Friday’s last print of $86.83. It was the highest weekly close since May 2022. That may suggest that investors are...
PANW Dropped 25% overnight after disappointing earnings. The 25% drop brought it perfectly down to the 200 EMA and right above a major pivot. If it holds the 200 EMA, this could just be an aggressive but potentially healthy pullback for a stock that has been technically overbought for over a month.
Jefferies Financial has been a tight range near old highs, and some traders may expect a breakout soon. The first item on today’s chart is the ascending triangle since 2024 began. The investment bank was initially trapped under $41, but more recently has pushed above that level. Is it breaking the continuation pattern to the upside? Second, JEF is near the...
Above compressed EMAs on 1H, above 4H EMAs, EMAs compressed on 1D. Buying a Local Low. If we don't get stopped out, how high can it go?
I previously published the idea of shorting GE. It has now pulled back more than 4% on the retreacement. The short idea paid well using put options to profit from the pump of earnings expectations. Earnings were great but the run up was too much for traders. GE has now retreated and is ready for a long entry. Price is now in the undervalued range of...