Currently there is no trend visible on the charts, which means likely a sit-and-wait scenario. PPMs on the daily and weekly are all in no-trend mode and the algos on the SMAs are mostly flat for the near term. More work needs to be done before we get any sort of direction in the market for now.
: 1. **RSI Crossover Strategy:** - RSI Length: 24 - RSI Moving Average Length: 150 In a typical RSI crossover strategy, traders often look for signals when the RSI crosses certain thresholds (e.g., 30 for oversold and 70 for overbought). In your case, with a length of 24, you might consider buying when RSI crosses above 50 and selling when it crosses...
This is a daily Boeing chart with the idea on the chart in the text. There may be a good entry before earnings using a stop loss under the POC line and an ultimate target of the projected trendline resistance at $280-$300 if all goes well fundamentally with an FAA investigation and its sequelae. A megaphone pattern demonstrates increasing volatility in...
After reaching a high of R24.50 in May 2023, DRD has retraced right back to the change of polarity point and 200 week moving average (green). The level of R14.00 also happens to be the 61.8% fib retracement level joining the swing highs from May 23 and Swing lows from Sep 22. Putting this all together tells me that the 14.00 level is a high probability of leading...
Welcome to the Spatial Computing Narrative!!! Enjin Coin (ENJ) is the native token of the Enjin ecosystem. Built on the Ethereum blockchain and compatible with multiple gaming platforms, the Enjin Coin is an ERC-20 token that allows the in-game items created on the platform to be traded with real-world value. The ENJ token has a maximum supply of 1 billion coins.
To me TROW is undervalued as I'm looking at the charts. Price has a good support level around $90 as we can see in December 2018 and again March 2020, once price hit those levels we saw a quick bullish run afterwards. So fastforward to October 2023 and we see that support level being tested again.
NASDAQ:INTC (Intel) is undergoing a bearish-to-bullish reversal, marked by an oversold Stochastic RSI. It is currently positioned above the 50-day moving average. Our dynamic support level will serve as a stop-out point in case of a weekly close below it.
NASDAQ:COIN (Coinbase) has tested a double bottom at the blue line within a parallel downtrend. Below the 50 day moving average. The Stochastic Relative Strength Index (Stoch RSI) indicates oversold conditions. Currently, we are awaiting an algorithmic buy alert and a breakout from the parallel downtrend before considering entry into a long position
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
This is a update to the trade I took (sell) let me know what your thoughts is on this trade
This show where I entered. The 4hr became bullish & gave me an entry signal (1hr bullish engulfing) and had my confirmation to take the trade Let me know what you think about it
AMEX:SPY January 20, 2024 15 Minutes. I had old my position pre-open at 478.6 levels as I had expected resistance as marked in a green rectangle in the chart. The open bar was not good. Closing near low and inside parallel channels. But sell was negated by the Elliott oscillator being green, a black bar on stochastic continued to be on top, and CCI...
While I've Done Very Well with Longing Perp and have Longer Term Price Targets Above $20 I see a Correction on the Daily coming For Sure. We have a Huge Head and Shoulders Forming With THE MACD Calling a Sell Signal During the Formation of the Right Shoulder, These are big warning Sign Don't Let Volume Fool You This is Typical To Head and Shoulders as Sellers are...
Seriously Look at how all these moving averages are sqeezing together on the hourly? I also notice the macd is looking like it could cross any moment TRB Has a circulating and total supply of only 2.5 milion and has been steadily climbing for the last 2 years I wouldn't sleep on trb as i could easily see this project being worth over 10k a coin in a bull market scenerio
GENK looks to be forming a really nice base. Crossed up above it's 20 and 50 EMAs. Could make a nice run as the mega cap profits roll into mid and low cap stocks.
While it is true the 0.786 fibbonacci level was touched at 48k, it has not lead to a devastating blow to the downside. 40k support is still holding which leads me to believe more upside is coming. My old target was 57k based on that 0.786 fibbonacci, but I was expecting price to blow past it creating a blow off top. Since that did not happen, and price rejected...
I like to consider bullish and bearish scenarios, this outlook would be bearish for at least a couple of months, or even into fall of this year before returning to bullish again. Pre-requisite is losing a daily support area between 36.5-40k This is the 2nd time the 50/200 week SMA has crossed. The first time was a little under a year ago around early to...
PAYPAL - NASDAQ:PYPL ✅PUSHING ABOVE THE 200 DAY Price failed here and rolled over in Feb and Aug 2023 but this has a very different feel to it. Hoping we break well above it and then bounce off the 200 for confirmation. Lets see can we keep out head above water PUKA