AFRM pulled back below the 20 EMA on the daily. First attempt to break back above. Good risk reward spot to go long in my opinion. Targets $48 and $50
ARKK found support last week around the $48.50 area, and is currently surfing the 200 EMA on the 65min chart. Two open gaps to the upside leave this with plenty of room to run back up to the local high from late December.
TSLA breakout failed to end the year but is now currently backtesting the trendline. It's been surfing the 200 EMA, and If that holds, this seems like a great risk reward spot to go long. A red to green open would provide a great entry. 5 straight days down and then a doji candle smells like a possible reversal as well. Initial Targets $250 $265
UnitedHealth has consolidated for almost two years, and now some investors may expect its longer-term uptrend to continue. The first pattern on today’s chart is the basing pattern over the course of 2023. Notice the lower lows in the first half, followed by higher lows in the second half. That may suggest buyers have regained control since the summer. Second,...
Hi Traders! EURUSD looks to be continuing to the downside, and there is potential for a support price break. Here are the details: The market continues to swing lower with lower highs and lower lows; the price has also broken below the 20 EMA recently. We are looking for the market to remain below the 20 EMA to continue downwards towards the support area....
AMEX:SPY January 8, 2024 60 Minutes. Consider the rise of 409 to 477 AMEX:SPY retracing around 23.6% retracement levels. 200 Averages is also around 465-466 levels. Consolidation going on around that level last few hours. If we consider the last fall 477.55 to 466.44 473 will be a good level to short SL 475.5. previous shorts closed at 466 levels. Priced...
Sometimes on a weekly chart things can take a little longer to take effect but this alone is going to attract big investor Money Your average CNN type investor won't put money in anything that's doesn't have the 50 day MA above the 200 day MA You Can go back in BTC's History and see this a Reoccurring Event that when the Crosses the 200 BIG Price Action Follows
Hi Traders! NASDAQ:SMCI has recently demonstrated a positive shift, breaking its downward trendline and concluding last week above the 9 EMA. This bullish trend, if sustained with good volume and the stock maintaining above the $301 level, could potentially propel it towards the $310 region. This movement signifies a notable shift in momentum, meriting close...
BTC In the daily time frame, it should break a triangle, which is not a difficult task and it will easily break 44k, but don't the whales have a plan, anyway, the 100 and 50 averages and Como Cloud are also favorable.
CNX bounced off the 200 EMA on the daily and has broken out of a downward wedge. A move over $21.00, and a reclaim of the 50 EMA should send this back up to test the highs. Looks even better on the weekly chart imo. Target $23.50
Ive been going through major time frames for btc , what i noticed is that imbalances(colored candles)on the weekly time frame match the daily, the main area is 33k/32k ,lower time frames suggest we have imbalances to the downside all the way down to 40k which is at the 200MA level,we havent tested it since last year October, i think a break of 40k/38k will take us...
GME came alive in December and is currently retracing back to the 50 EMA. Things to consider, volume has been drying up since the initial move in late November, $15.41 is a strong level of support, but below that there's the gap all the way down to $13.55. January is usually a great month for this stock, but I'd love to see it defend the 50 EMA and the $15.41...
Hello Traders, Please allow me to start the New Year by thanking you for following and liking my trading ideas. I'm an active swing trader of micro /ES only with a purely technical, institutional price action perspective strategy. We start 2024 on our toes after crushing the December long. I've outlined some directional thoughts of the week ahead, although any...
Dear Esteemed Investors, I'm sharing the results of my news trading method with you. By now, all of you know I'm using AI natural language processing to weight world news and cross-check against popular sentiment indicators like DSI and DSIE. Standard DSI/DSIE signals an optimistic outlook for the EURUSD market. It means that the possibly influential investors...
Hello traders, I’m Dragos, I’ve been trading the markets for 4 years and I’m a profitable trader. I've been closely monitoring the GBPJPY pair and wanted to share some insights from my recent analysis. Here's a brief overview of my findings: 1. Weekly -The weekly has changed to bearish at the begining of december, but daily trends are showing bullish signs,...
QQQ is sitting directly on the 200 EMA on the 65min chart. Worth watching if we get a relief bounce Friday, or if we knife right through. Looking for a red open that goes green to take a reversal day trade.
Negativity has mounted in Apple since the year began, but some traders may think it will bottom soon. The first pattern on today’s chart is the price area between $180 and $184. That roughly corresponds to the peak in early 2022 and some highs last September and October. Will the old resistance become new support? Second, the 200-day simple moving average (SMA)...
Just a fractal to show the potential of HBAR in the future. History rhymes. I think we're still in good acc range on most coins. LIKE AND FOLLOW FOR MORE!