Bullish clues: - Price broke upward the bearish oblique support - Price broke upward the 50 exponential moving average - Bullish divergence on the Relative Strength Index (RSI) and RSI > 50 despite the strong decrease since March 2020 - Price reached a strong monthly support at 1.20000/1.20500 USD/CAD could now make a pullback on the bearish oblique support...
Indicators on chart: Light Blue Line - 7 Week SMA Blue Line - 50 Week EMA Yellow Line - 20 Week SMA Orange Line - 21 Week EMA White Line - 200 Week EMA --------------------------------------------------------------- Hello, this is my technical analysis for bitcoin in the short to mid term. In this analysis, I'd like to explain why I believe we'll have a relief...
AUD/CAD LONG Here are my reasons for entering a long position on AUD/CAD. The confluences for my entry: ✓ Price bounced at a key level: 0.9265 (it's had major bounces here before) ✓ Price action created a higher high and a higher low ✓ The 4HR EMA Ribbon flipped positive (price action also pulled back in and tested the up-trending EMA's as support) ✓ ...
On 06/01 SQ rejected off of the 50 EMA and this resulted in the stock falling in a downtrend, buyers stepped back in around $210. Will be watching to see if it will retest the 50 EMA, if it breaks through then I am bullish on SQ to $240. If it rejects or doesn't retest the 50 EMA and continues to break down, then I won't touch it until it either falls back to...
DISCLAIMER: Trading Forex/Cryptocurrency involves risk and you may lose more money than you started with! These posts are not to be taken as financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT...
If SPCE breaks through this current resistance level at $38, then my next price target will be $45. Golden cross is about to form on the daily chart (50 EMA crossing 200 EMA) which usually is a sign of an uptrend.
Hi, crypto traders. ENJ is in a Strong Downtrend now. As I predicted yesterday, the price started to move with a big impact. The price went down and broke 20h (red) line to the lower side. Because the sequential order is 240h (green) line > 80h (blue) line > 20h (red) line > the candle, the trend is a Strong Downtrend. The candle already reached my 1st...
Hi, crypto traders. CAKE is in a downtrend now. Unfortunately, the price suddenly started to go down and broke all MA lines to the lower side. After reaching 15.63USD, the price bounced a little bit, but it seems the candle goes down again. If the candle keeps under 20h (red) line, the trend is a downtrend. Conversely, if the price goes up, the 1st target...
There's a BTCUSD Symmetrical Triangle, which will break up or down. We have support and resistance prices which is target for Symmetrical Triangle break.
Apple has been a frustrating stock for most of the year, but now it may be squeezing toward another rally. The first pattern on today’s chart is its super-tight Bollinger bandwidth, which yesterday was the narrowest since December 2019. That could suggest price is overdue for a move. But which way will it go? MACD just turned positive (the second pattern), which...
Forming a head n shoulder pattern which is HBAR potentially moving down till it meets strong support. HBAR also moving below EMA 90 that indicate HBAR is in bearish trend (4H Timeframe)
100 MA is crossing 200 SMMA after 1 in Daily time-frame can be a signal of starting a bearish market.
Dabur buy = 545.20 Stop Loss = 539.15 Target 2 = 557.30 Target 2 = 582
Contract - CME_MINI:NQM2021 - PR High: 13826.50 - PR Low: 13812.00 Evening Stats - Gap: = N/A - Session Open ATR: 206.73 - Volume: 25k - Open Int: 229k - Trend Grade: Retracement - From ATH: -1.5% (Rounded) Key Levels (Rounded - Think of these as a range) - Long: 14104 - Mid: 12530 - Short: 12598 Keep in mind this is not speculation or a prediction. Only...
Quick BTC daily chart update. BTC is below its Bollinger Bands Middle Band Basis 20 period SMA on the daily chart. The Bollinger Bands Lower and Upper Bands are expanding apart indicating volatility has increased. BTC is way below its Volume Point of Control (POC) for this visible range on this daily chart. BTC has broken downwards out of its Symmetrical...
Many people thinks BTC is falling down, and i was one of them. But today i discovered positive RSI divergence. Also btc is still on the EMA 50 mean while it looks like breaking out symmetric triangle.
Entry point for FORTH: - Good consolidation - Way oversold - Very new governance mechanism and ATH was during initial first days pump - Still small but consistently growing community and public awareness + great potential for FORTH with associated AMPL mainstream news and price moves - Already listed on majors: Coinbase & Binance - Supply: 8,489,072 /...