SPY on a 30 minute chart shows a rising wedge over the past week. Price is now under a nearly flat upper trendline of resistance while the support trendline is rising. The dual TF RSI indicator shows strength about 70 while the zero lag MACD shows a K /D line cross. Because of this I believe, SPY may retrace to 468 or the level of the Fib 0.5. Since SPY is...
Hello traders, and happy Monday! :) This setup shows great potential to gain bullish momentum, as the overall higher-time trend is bullish. Currently, it sits on monthly support, and on a weekly basis, the price hasn't broken through the moving averages. Additionally, the average volatility, based on the 7-day and 30-day periods, is overextended, suggesting a...
BTC VWAP Hand over, it failed on 4th try at the last cycle. Now 4th try is on the test this cycle now. Will it succeed this time or fail just like the last cycle? I can not predict the result yet halving and Hong Kong spot ETF approval would help to continue uptrend this time.
Breakout happend in this stock with rising 10 and 40 week MA's and rs indicator is also showing strength. Keep your risk and reward ratios according to your own preferance. This is for educational purpose, do your own research before investing.
LTC Current set up. Keep an Eye on this one. I believe that it will be a lead indication on when the next run is about to happen.
The Heikin Ashi candlestick pattern suggests a recent trend reversal to the upside, as indicated by a series of green (upward) candles. The chart displays a consolidation pattern within a falling wedge, which has been broken to the upside, hinting at a potential bullish reversal. Exponential Moving Averages (EMAs) show the price is currently above the 20,...
Gold price analysis: Current short-term trend: Up. News: Good news for gold Technical Indicators: MA shows bullish trend Short term pattern: triangle consolidation Breakthrough direction: Up Support: 2366-2262 Pressure: 2397-2404 In the short term, low buying is still the main trend! The above gold prices are based on the real-time prices on...
All cycles consist of 3 tops. The first rally stays the same except for diminished returns and a lengthened cycle by 2 years each time. The last two tops don't stay the same and has different variations based on Convergence/Divergence, either price is diverging over all indications, or price may agree while technical indicators are not like seen with the 2021...
TRENT consolidating near its high levels. Traders monitoring for potential breakout from this consolidation pattern. 📈
AMEX:SPY April 21, 2024 15 Minutes. As expected the downtrend continues. Two issues. It is coming to the lower parallel channel in the move. And oscillator divergence. I expect a retrace to 498-500 levels. As I believe once 492-490 levels broke I will have a target of 495 which is 32% retracement for the larger move 409 to 524. 409 I have taken because...
Hi, crypto traders. Last week, 5MA fell below 20MA and 60MA, and the price also dropped below 60,000USD. However, after briefly falling below the psychological line of 60,000USD, the price reversed, and the candlesticks have moved back above 5MA. The current order of the candlesticks and MA lines are as follows. 20MA (blue) > 60MA (green) = the candle > 5MA...
I marked when I flipped bearish on Tesla (white circle) despite all of the obnoxious influencers shilling overvalued tech the past few months. Here we are, I called a 150$ TSLA and was laughed at. A view of the monthly chart shows a general volatile uptrend on a tech booming stock. -This 200 EMA needs to be held or there is tremendous downside to be had -I marked...
Looking for 200 ema reclaim then back to test the .5 fib line
ASTRAL has recently hit 2143 and retraced to 1894 now between the 50 & 61% FIBO, keep in watchlist Entry above 1966 SL 1894...
Some charts look better than others,. Cardano looks like to be dipping too low and should pop up in price, unless you believe Bitcoin is going to lose all of it's money invested after the halving. CCI says the price is primed for buying on most charts including ADA.
On a TSLA chart, TSLA has been trending cown since last May. On the anchored VWAP lines, it topped out crossing above the second upper VWAP about the first week of January '23 then crossing under the same line on January 20, 23 Between August and October price tested and consolidated about the first upper VWAP line. It then fell to the mean VWAP line and...
Starknet token on Base chain. Is it a viable contender in the future for cryptocurrency? I do'nt see why not. Why would coinbase add this token to their ... does Coinbase add or do people build on Base whether Base likes it or not? There was a problem with Binance Chain now BNB chain in the past with too many bad programs using BNB chain for their ill willed intentions.
AMEX:SPY April 19 2024 Strength is only above 515+- at the moment. Today 497 should break and probably AMEX:SPY will touch 4892no 94 levels being 100 average in the daily. In 15 minutes we have 100 averages at 504 and 200 averages at 50 levels. Both will be resisted at least once. For the day I will go short around 502 levels on a gap up or below 497 on a...