#dxy: Fibonacci 50% is looking like it was the dead cat bounce maximum, the loss of daily MA10 was the next step on the way to confirming that. Next up, we watch weekly EMA30 and the 104 level, which was a recent resist.
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
Palantir Technologies more than doubled between early May and late July. Now, after a period of consolidation, trend followers may return to the software company. The first pattern on today’s chart is the rectangle between roughly $13.68 and $16. PLTR chopped in this range for almost eight weeks, but closed above it on Friday. That could make some traders think...
A sleeping underrated crypto is trading very low volume. The project is still new but has the attention of many traders for its low market cap and potential growth. This has my attention and curious if i should buy now. I am only here temporarily and this is my final post. Have a good year everyone. This could be the diamond you should have in you...
Current Price: 💲 $27,900 Local Resistance: 💪💲 $28,000 Key Support: 🛡️💲 $26,000 Moving Averages: 📊 Weekly MA200: Bitcoin continues to struggle below the MA200 at $28,000, making it a crucial resistance level. Daily MA200: This aligns with the Weekly MA200, emphasizing the importance of closing above it, especially before considering a move toward...
USD/CHF has what looks to be a Head & Shoulders reversal pattern!! -Price has worked under the 200 EMA and my Dynamic S&R showing signs of an imminent reversal favoring my bearish bias on the pair! -The Head & Shoulder Pattern is made up of 3 peaks, the 2nd being the highest "the Head" with the "Right Shoulder" being lower, thus starting the downtrend movement...
AMEX:SPY Weekly setup Consider the rise 218.26 to 479.98. AMEX:SPY retraced 50$ around 349 levels. Now consider the rise 348.11 to 459.44 AMEX:SPY retraced to 38.2% levels. Hence 412-416 is very important to hold for uptrend. 61.8% retracement is around 390 levels Which would give us a very good level to long with a small SL. If 412-418 levels are held...
In this analysis we can see that the best time to buy or accumulate Bitcoin is when price is between 1000 and 2000 1D SMA, and excellent prices to buy is when BTC touch 2000 SMA, which is very rare to happen. For this cycle we saw the first time price of BTC fall below 2000 SMA, this due to negative events in the crypto market (such as Terra, Celcius and FTX...
CRWD Weekly chart, bullish based on action marked on the chart
AMD has been in a solid up-trend since october 22. The latest correction is approaching a major area of support at around $100.
AMEX:SPY October 7,2023 15 Minutes. Option buyers as expected made their $$$. 9,21,50 and 100 were converging around 423 levels. Buys was trigerred.427-429 target was achieved. We had a steep fall from 444 levels. So consider the fall 444.43 to 420.19 and the rise 420.19 to 431.12. For the rise we need a retracement to 425 levels which is not only 38.2%...
🔨Bitcoin started to rise from the 🟢 Heavy Support zone($25,280-$23,900) 🟢 and was able to break the Downtrend line yesterday. ✅Also, Bitcoin has managed to form an Ascending channel . 🏃♂️Bitcoin is currently moving in the 🔴 Resistance zone($28,460-$28,000) 🔴 near the SMA(100) and near the upper line of the ascending channel . 💡Also, we can see the ...
AMEX:SPY October 6,2023 15 Minutes As expected AMEX:SPY was in the range 421-426. Its now near 200 averages. s we had an excess of 61.8% retracement for the rise 420.19 to 424.36 we had a double top around 425 levels. Toda taking the rise 421.18 to 425.63 a retracement to 422.5-423 levels will be good to go long as moving averages are converging. I expect a...
BTC/USD Index Oct 5, 2023 Current Price: 💲 27,489 Local Resistance: 💪💲 29,000 Key Support: 🛡️💲 26,000 Moving Averages: 📊 Weekly MA200: After briefly recovering, we've seen the MA200 serve as resistance for the past 7 weeks. To regain bullish momentum, we need to close above $28K. Daily MA200: It aligns with the Weekly MA200. Breaking above this moving average...
XRP/USDT Binance Weekly Analysis by TradingChimp503 📈 Current Price: 💲0.5237 Local Resistance: 💪💲0.55 (based on candle wicks for the current week and previous week) Key Support: 🛡️💲0.49 (important for psychological support and the previous week's low) Moving Averages: 📊 Weekly MA200: The price hasn't closed above it in the last 5 weeks, and last week it closed...
Uranium miner Cameco ran to new highs in August and September as prices increased for the nuclear fuel. Now, after a pullback, some dip buyers may get active. The first pattern on today’s chart is the $35.16 level where CCJ closed at the end of July. It continued to serve as resistance in the first half of August, but then became support after prices broke out on...
We are at the bottom of the ascending channel And on the other hand in Moving 200 Therefore, there is a possibility of growth. But on the other hand, we faced a powerful fall, which makes possible more fall. This decline may continue up to the specified support area. The final opinion is that the possibility of growth is more. Follow us, we will be happy to be...
Hello guys, in the one-hour time frame, a rectangular pattern is formed and there is a possibility of falling as much as number one (blue line). The other mode is to fill the gap created at the same time, which I attribute the lower probability to, and the first mode has a higher chance of happening.