Sand had a nice breakout from EMAs, securing this zone perfectly! We are looking here for a potential bullish bounce to the upper zones, which should be a sweet spot for a potential short position! We are not going to enter currently with a position as it is still a little early (just recently we secured EMAs but still showing a weakness near that zone) Waiting...
Hi Traders! EURUSD has had double price rejection at the resistance, and there are shorting opportunities near the resistance to target support levels below. Here are the details: There is double price rejection at the 1.09986 level, which tells us that bearish demand is currently too strong in this area. We are looking for a momentum price break and a close...
The present gold price is showing a consistent adherence to the 50-day simple moving average, experiencing upward rebounds on three occasions in recent history.
This 1.5X leveraged ETF inverses the price action of TSLA with some amplification. From the continuance of inflation, to Hertz liquidating 20,000 EVs ( prominent among them is TSLA) in favor of return to ICEs to the rise of BYD in China and the ever present Musk in the news like firing Space X employees without due process, TSLA is challenged and...
AMEX:SPY January 12, 2024 15 Minutes. AMEX:SPY gapped up and hit 478 in the first bar. The Close was near the low of the bar. Since we expected 478-478.5 to be resisted shorted at 477 for 474 levels being a 38.2% retracement for the rise from 466.4 to 478.11. Also, it was near the 100,200 average. AMEX:SPY made low 472.28. For today's consider the rise of...
Daily PPMs are not showing any sign of momentum at the moment, hence price is expected to linger around it's current range for a few trading sessions. The PPM1 on the weekly chart is back in trend again, even if downward facing for this week. So I expect some easing of the downward pressure on price. Today is a Friday, and next week is predicted to have an...
in the short term we are pushing on resistance now yesterday we saw a break to 478 if enough volume comes today we could see a repeat also worth noting we bounced off of the 200 day MA today "purple line"
Bull Flag pattern observed on this pair. Expect a dip into the 38.2% fib level/zone and monitor the same zone for rejections before going long
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TNA finally broke out of the downward channel, but is now retesting that as support. A pretty good risk reward spot here as it has the EMAs as additional support Looking for a red to green open.
Start of the first full week of 2024 and price immediately let us know that perception is favorable of future conditions. I'm aggressively looking for longs to hold into the highs on a pullback. Entry may vary slightly but listed stop/targets are final and I do not move stops. Time horizon 1 week. Will try my best to drop a comment/notification when I enter so...
AMEX:SPY January 11, 2024 15 Minutes. The uptrend is intact as expected. Considering the last rise from 472.93 to 477.44 holding 474 levels 477 can be expected as a target. Moving averages are falling in place9,21,50,100 and 200 in order. AMEX:SPY closed above all moving averages. 422 will be a good support being 200 average numbers in a 15-minute time...
Tracking bullish setup on BTC. Hard stop, target 55,000. Estimated time horizon 5 days.
LMND is sitting pretty on a nice volume shelf. Also surfing above all 3 EMAs. 33% short interest makes this a great short squeeze candidate if CPI data comes in bullish.
📉 Market Resilience: Despite yesterday's market turbulence, AKT remains robust, surging to new All-Time Highs. 🔄 Historical Retracement Trend: Previous retracements have consistently held above the Ma-200, showcasing strength and sustained momentum. 💪 Current Support and Market Cap: Strong support at $3.00. Market cap at $715 million, consistently rising since...
Some investors liken the current moment to 1995 because of the potential for a “soft landing” after a bout of inflation and interest-rate hikes. Can technical analysts also find things in common? Today’s S&P 500 charts consider some potential similarities between the start of the late-1990s bull market and the situation in January 2024. The first pattern is the...
We are considering a speculative trading idea on the INJ/USDT coin pair. Since the beginning of December 2023, there has been a noticeable increase in the asset, starting from the $16 level and reaching a maximum of $45. This growth amounted to more than 179%, indicating high interest in the asset from buyers. However, after reaching the $45 mark, the asset...
itc, same for this also, if shows some positive movement, can go long in it with new low as stoploss. if it continues uptrend then enjoy the uptrend ride. thanks for giving your valuable time to see my analysis. do share your views in comments, thanks.