Hello Everyone! NASDAQ:TSLA has been struggling to break above 21 day EMA since it became bearish (in short term) in March when the 21 day EMA fell below the 50 day EMA. One exception happened in April due to sales reports, analyst price targets and earning expectation (?) when it succeeded to go above the 21 day EMA but that move did not sustain as we can see....
Lumber prices are looking lower after slicing through the 200-day Simple Moving Average (SMA). Former areas of resistance turned support may offer relief but bears appear to be in full control. A drop to the 600 level may be on the cards.
Hello dear padawans and fellow traders. I couldn't find a single indicator that would give me hope of a recovery from the recent drop. We are at support at the moment (~37k) but with the amount of bearish indicators on the chart I would be surprised if we don't revisit at least the 33-34k lows in the coming days. Notice that a bearish cross of the stochastic in...
Banks sold off heavily due to fed uncertainty/their announcement and T-bill market volatility, particularly regional banks like HBAN. HBAN's recent acquisition of TCF bank is just beginning to become accretive to their overall business and the bottom line. See more details on that acquisition in my prior posts linked below. Buy this capitulation/weakness Just...
1-Chart broke the channel and leave him 2-Chart broke the Moving average 200 3-ETH.D dumped too much for pumping BTC.D 4-TRX.D has a pump with BTCÐ If you look trxbtc chart you will see trx will going up to 3500 Satoshi or 4000 Satoshi after that we will see a big dump I think this dump will doing on the 2 or 3 days later Enjoy
Let's go from exponential moving averages. If the EMA 144 crosses and stays above the EMA 72 we could have another price drop. Just below we have the EMA 305 which can hold the price above this region. If the price exceeds the EMA 305 we will have a 4th test in the region of the 29k - 33k region but with the possibility of testing the EMA 610 region RSI is back...
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...
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...
ETH has rejected the EMA 50 and bounced off it at $2378 again There is also a Death cross appearing on the 50 and 200 EMA... Now it seems to be breaking its major support and price decline will begin a Bearish market for ETH It seems that Bullish sentiment could be fading and more accumulation to come as ETH breaks lower support... Disclaimer:* Not a...
#EURUSD (update) In daily timeframe Chart, EURUSD is Still Moving Above the Major Trendline But At the Moment, Bears in Full Control. If EU lost the Trendline Support, It Might Retest the Major Horizontal Support Area (1.160) & In bullish Case, If Remains Above the Trendline, Expecting Another Bullish Wave towards the Horizontal Resistance (1.220) Please...
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...
End of bull trend? These last few days we see more and more people talking about the upcoming Death Cross on the Daily BTC chart and the "2019 fractal" as you can see here below: A Death Cross indicating the end of a strong bull trend. In turn the start of consolidation/correction or even a longer lasting bear trend. Following the explanation of a Death Cross...
MATIC already broke the symmetrical triangle. In pullback, it has supported by the EMA200. So until it's moving above the EMA200 we are in the safe zone. Potential targets are mentioned on the chart as the resistance zones.
FOMC yesterday causing a lot of bearish momentum. As you can see previous lower highs have been taken out indicating a downtrend. Price currently sitting on a support level. If price breaks support then I have 2 targets set.