Halliburton has been sliding since mid-October, but there could be signs that the energy-services giant has bottomed. The first pattern on today’s chart is last week’s bounce around $34, about $1 above the mid-January trough. Such a higher low could indicate that a downtrend is ending. Second, combined with the price action in the first half of December, a...
SPY on the 1H chart was riding the cynamic resistance of the second upper VWAP line in mid July but then pivoted down out of a head and shoulders at the bottom of the month and is now bounding up and down retesting the support of the mean VWAP line. The ADX indicator shows the flat line directional index. The ZL MACD is upgoing after a cross of the lines at...
As the price's direction and movement is within the local declining channel. Possibilities of going down is higher, for me in case of breaking the minor support line successfully. All the ideas are shown on the graph Good Luck for All 🙌🏽❤ #eur #nzd #eurnzd #forex
1. About to get a cross on the 20/100 EMA Weekly. 2. This coin only has a supply of 16m so very likely to do a TRB (Similar Tokenomics) 3. It fits both the AI and Oracle Narrative perfectly and the team is very active on Github.
IOT on the 30 minute chart has pulled back 35% from its end-of-the-year high when Bitcoin made a bullish move. Bitcoin has settled down and RIOT has followed that trend down. the MACD lines are above zero while the RSI lines have settled in deep oversold territory. I see this as a good entry for a long position with at least 50% upside and much money if...
Shown on this daily TSLA chart with the "alligator" indicator overlaid showing SMA 20, 50 and 200 without offsets are the golden crosses of last June as compared with the "death" crosses in January. At least for the moment but sustained by the news and antics of its CEO, the writing for TSLA may be on a gravestone?
TSLA has been trending down in a channel since it marked the first trading day of this new year. The chart is set up on a 120-minute time frame with the Williams Alligator indicator of SMA10 SMA20 and SMA50 ( offsets 10, 5, & 2). In a strong downtrend, the averages are parallel with SMA50 higher then SMA20 and SMA 10. For a good short entry, the price should...
Looking at today's charts, there are mixed outlooks. On one hand, the daily outlook looks slightly more rosy with a spike in momentum being predicted in the coming few days. PPM1 looks to be waiting to pounce. The algo on the 10 SMA is showing the same thing. This can only mean that price is likely to push upwards. However, the weekly chart is still showing...
#LITECOIN once again got some SUPPORT from the historical SUPPORT zone around $56 - $61. Since August 2023 #LITECOIN took multiple SUPPORT and POST 140 days of price action a SYMMETRICAL TRIANGLE formation is seen with multiple new HIGHER LOW formations each time giving enough SUPPORT and possibly pushing the price to break out above the SYMMETRICAL...
If you were to draw a channel/rectangle for #gold futures daily chart, this one has the most relevant hits. These are the best set-ups IMO. Price is squeezing.
AMEX:SPY February 19, 2024 15 Minutes. 498.5 was protected and 503 was not crossed. For the day I will consider 2 rises. 490.72 to 502.86 and 494.4 ad 502.86 498 +- 0.5 becomes crucial today. No trade day today. I will watch for a setup to emerge. Holding the longs still and will close if 495 is broken on the downside. If AMEX:SPY is between 497 and 503...
DGB here 3 day chart. Looking at a likely pump into the range of the Red 200 moving average. Also prior top area. From here (30% target w/ 10% risk) from target long are (40% target w/ 5%) risk I want to see a pullback into the .00912 area to build a LONG position if allowed. Currently, there's a 12H stophunt giving a dip. Target 1= .0121 Target 2= .0137 Not...
We see the NASDAQ:PYPL has gapped down after earnings and breaking our upward trendline. It is currently retesting that trendline as resistance and if rejected this name can be taken short under $55. Its also notable to mention that the moving averages have crossed signaling downward momentum.
20 EMA support Study Nelcast on weekly time frame This chart is only for educational purpose
The Market is heavy sell side but it will take a breath and follow the fall As per price action formation has been made in 1 week TF. Its a very big move. Always check the sentiments of the market as per technical analysis, if the pattern get its respect. Best of luck to all traders. You are responsible for your Profits and loss, Shared for Educational purpose
ZM longs have been absolutely eviscerated since 2020. One of the quintessential names of the 2020 exuberance, it has since seen a 90% drawdown from the 2020 high to the 2023 low late last year. However, ZM has seen a trading range between 60 and 75 for almost a year now. This basing has clear analogs to Wyckoff accumulation, and the failed breakdown in October...
Reviewing the Binance Coin (BNB) against Tether (USDT) chart, it's notable that the Elliott Wave structure points to us currently being in the fourth wave. Correcting the previous analysis, we do not see the completion of the fifth wave but rather the fourth wave, which suggests that the market is in a corrective phase rather than an impulsive final wave...
+.17 on NASDAQ:META , +1.3R on $TSLA. - Zoomed in on a 3 min chart 1. ( NASDAQ:META ) 1st bear candle closing above the 10ema. I missed the beginning when the first bull candle closed below the 10ema for a short, SO I thought it might pull back up to the target. I immediately knew once it went up halfway and came back down I knew I was wrong. I got out for a...