23.39 As long as we stay above it, the direction is up. In order for the movement to accelerate, wedge resistances must be overcome.
27.93 is a strong support point, we need closes above this level. Pay attention to wedge resistances.
Solana, the rising star of the crypto world, has been hitting nothing but golden crosses lately, and it's time for you to get in on the action! If you've been keeping an eye on Solana, you already know that it has been making waves in the market. But what's even more remarkable is the consistent streak of golden crosses it has been hitting. 🌟 For those not...
Discount retailers like Dollar General have struggled all year. Now, after a drop and rebound, sellers may return to the name. The first pattern on today’s chart is the series of lower highs since May, which have produced a falling trendline. DG is now back at this line. Will the downtrend reassert itself? Prices are also near the 50-day simple moving average....
AMEX:SPY November 1, 2023. 15 Minutes. Holding the low AMEX:SPY achieved the 418 target as expected. At the moment AMEX:SPY is above all moving averages. Wave 3 is in progress considering the length of the oscillator 5,35 green bars. However as can be seen it is getting tired. The price is getting higher but the oscillator is creating a...
Triple bottom form since August 2023 . finally we can see a breakout above $17 & also 200MAs. breakout is still valid as long as price stay above $16.50. MACD bullish bias. next resistance at $21 DYODD.
The price seems to hold within the trading range that lays above the MA. This confirms it as the coming bottom. The idea is also supported by Fibonacci. By its rules we have just retraced the September low and may seek an upward correction now.
Hello traders, We are around specific moments! Moving averages could be hold as supports or they may be broken and works as resistances! The static level of 108.58 is about the same! let's see what happen next and goes align it!
Hey Rich Friends, I think AUDUSD has the potential to continue to sell, here is what I am looking at: - Candles entering and rejecting the supply zone - Momentum is low but not yet below 0 - STOCH facing down, no longer overbought and the orange line is above the blue line. Pending orders are recommended. SL will be above a previous high and TP below...
- Screen 1 (1 Day Time Frame): MACD Histogram ... A bullish trend is indicated when the MACD histogram increases 3 times in a row and the most recent MACD histogram is greater than 0. - Screen 2 (4h Time Frame): Stochastic ... Overbought: A buy signal is generated when the first screen is in an uptrend and the K-line crosses up the D-line below 20. -...
EURUSD struggled to build on yesterday's gains and experienced a decline since the start of Tuesday's Asian session. The surge in the US Dollar index exerted additional pressure on this currency pair, causing it to slip below the critical 1.0600 level. The anticipation of a more stringent stance by the Federal Reserve (Fed), supporting the upward trajectory of US...
AMEX:SPY October 31,2023 15 Minutes. Divergence played out well. For the fall 421.43 to 409.22 61.6% retracement was 416.8. Yesterday's high was 416.68. Now AMEX:SPY is above all moving averages except 200 in 15 minutes. Stochstics black bar on top., Elliot oscillator green, CCI green. Holding today around 414 levels we can expect 418-419 levels, being 200...
Bitcoin is still trading within a range between $33,500 and $35,000 after a good rally last week. This week, I will try to take advantage of the range-bound movement, with a target of $35,000, while also keeping an eye on a possible correction to the $30,000-$32,000 range. And how are your Bitcoin positions this week?
After the long assembly and the penetration of the resistance, Theet Taken is preparing to ascend
Hi Traders! There is a bear flag pattern on the EURUSD 1D chart, and if we get a break of the flag channel, there is potential for continuation towards the yearly low at 1.04485. Price Action 📊 The market is currently in the flag channel and has failed to break back above the 20 EMA, which is a bearish signal. We are looking for a momentum break and a close...
AMEX:SPY October 30, 2023 15 Minutes The downtrend is still in trend. However, in recent lows, we are having oscillator divergence. Looks like the end of wave 3 is in sight. As of now uptrend is only above 425 levels. The expected retracement will face resistance around 413 - 418 levels being Fibo numbers as marked. That should give us a good point to enter...