META (FB) is setting up for something. 50EMA is crossing the 20EMA this week. It's a bullish signal but MA's a generally lagging indicators let's see it the stock overcomes the resistances ahead, 100EMA and a battle zone of supply from May/June 22.
Crude oil prices fell almost 10 percent this week, the worst performance since late March. A near-term falling channel seems to be guiding WTI lower since June. Meanwhile, a bearish crossover between the 50- and 100-day Simple Moving Average (SMA) is underscoring a bearish posture. There is certainly room for upside within the channel, with immediate resistance...
Hi Traders, Investors and Speculators📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. If we use the trusted method of Moving Averages, we can see that the Bitcoin BTCUSDT price has been trading under the 50 day moving average for 248...
Might be too early to call, but the gap between the 3200 and the 200 may close very soon Green power bars will pull the 200 over the white 800ma, and from there we will see how much power presents itself to head towards the 3200ma Possible 5 waves are in, i count a truncation, but It can be hard to tell without a clear wave 1 ahead of us Target is 39$ or near...
20 and 50 day moving average for BTC. But/Sell at crossover.
SBUX 50MA crossed back above the 100MA. Uptrend confirmed. Earnings tomorrow. Let's see what happens.
Technical Analysis (TA) Monthly oversold and Williams %R showing signs of a reversal. Weekly MA's resistantce broken and held key 100MA as support. Needs to break Monthly 10EMA to show upside momentum. Price Target Entry : $281 Price Target 1: $315 Price target 2: $350 Fundamental Analysis (FA) Strong Quality Screen and metrics.
I believe the next 6-12 months will put the s&p potentially higher than my previous target, depending on whether or not this is in fact the start of a wave 1 of 3, part of the 5th wave of a higher degree (purple) wave 3. If current turquoise wave 3 is extended, then wave 5 will more than likely perform a "throw over" in relation to the 45 degree channel in this...
Break of 200MA, 50MA turning upwards and looking to cross next few sessions. Rising RSI and MACD looking positive. Recent trading update good.
Two Ways I want to play this move if it happens 1) I expect until Wednesday 7/27 that we are going to remain balanced between roughly 27 to 32 IF we get that clean break to the upside hard and fast (giggity) then I want to be looking to play that 35 to 36 rejection short. I am likely to swing this move, maybe day trade! but I will have to see what its looking...
As ETH starts to look like the market indicator (up over 30% against BTC since the bottom), this is a brief outlook on future resistance and support. Above the lower lines of support, the bottom of the daily EMA ribbon (1340) could be another strong area of support On the other side, horizontal resistance can be seen on the 4hr Beyond that the weekly EMA...
RBLX is setting up for something lovely. Come on baby! Time to fly.
Hey everyone, Seems like bitcoin have formed his top, meaning we have a nice opportunity to short. several elements of technical analysis: - ABCD pattern - price ranging before break down - 1.272 fibonacci retracement - emas crossing may give even more quality to this trade don't forget to like and suscribe if you want more content Have a nice week !
Worst looks to be over for BABA after hitting a low on 15 March and then went on to form an Adam and Eve (A&E) reversal pattern. It broke above the A&E neckline 2 days ago. While the breakup volume wasn't impressive, it is however now above the 200 day moving average, which gave it credibility to likely continue in a slow path to recovery. (could chop sideways...
Bitcoin - Looking at the one-week timeframe this is what we are seeing at the moment. Back on June 17th when we hit the 200MA and unlike many years before, Bitcoin went well below the white line, nearly 4 weekly candles later we are still under and looking very weak. This weakness and the inability to cross above the white line greatly tips the odds in favor of...
2 weeks ago we discussed why the HSI:HSI rebound rally would be slowed by profit takers (). The choppiness in the index we saw for the past 2 weeks was also due to the discrepancy between the China and US equity market. While the SSE Composite SSE:000001 still held above 3300 level, the US equity indexes all broke through the 2022-May low due to the increasing...
Hi friends, I hope y'all had an awesome weekend and ready to tackle this week strong ;) Today, we looking at a possible bearish trend here on the daily. This trend signal is derived from the monthly where the price is in the bullish half a bats L2 formation that will bounce off or retest the 8 m.a before continuing the patterns trend to its 3rd level. So we are...
I was going thru the charts and found this pattern forming, Is this what I think is Wyckoff pattern forming, I am not very good at trading but does this mean the price will go down once 20 EMA Crosses 50 and 100 EMA?