Even thou BTC is in a correction, in this macro regime altcoins should outperform. Injective has been one of the outperforming alts all thru the previous market regime. The technicals now: - Day MACD has reversed from the oversold zone and uptrending, histogram going upward - on the 4H TF MACD has already reversed from the oversold zone and about to cross MACD...
🔍Today is Sunday, marking the end of the week and typically low trading volume. Hence, we'll analyze the weekly timeframe for Mana against USD for potential insights. On this timeframe, Mana has reached a supply zone, evidenced by a bearish engulfing candle. However, the current candle is showing signs of buyer strength. 📈If this candle closes bullish, we can...
On the above 3-day chart price action has corrected over 90% since the sell signal April 2021 (not shown) at 50 cents. Today is great long opportunity. Why? 1) You know why. 2) RSI and price action resistance breakout. 3) Strong bullish divergence. Multiple oscillators print positive divergence with price action over an extended period. Is it possible price...
Silver: Daily Fibs and Indicators: Silver has a bull fib objective that takes it to 28.86, a massive move. It held it's 61.8% line in October 23 and was on it's way until December 23 when it stopped at the high of it's daily range. We traded down early in the year, only to test that high again htis past week. And, we are selling off of it again. We can't trust...
CLSK is tied to the ebbs and tides of the crypto market especially high market cap Bitcoin. On the 120-minute chart, it is trending up from a reversal. The 0.5 Fib level is above at 10.0 about 10% upside from the current price. Earnings are February 8th. The last earnings saw a big turnaround as CLSK started to make money. Price is currently about 90% below...
Gold: Daily, Fib & Indicators . . . We hit the high a week ago, corresponding to our objective from the Daily Fib Long in October 23. Now, we are lining up for a daily retracement of that move from October 23 to our highs. We could spend the next2-3 months heading down to the bull fibs, between 1968.76 and 2066.42. The daily chart, even with the Asian breakout to...
It is evident that the indicators have indeed continued to travel in the overbought area as anticipated. Now, it is crucial to exercise caution since both the slow and fast trend indicators are coming down from the overbought regions. This situation presents two possibilities yet again. Firstly, there is a chance of the trend continuing upward for a while...
On the above 4-day chart price action has corrected over 90% since the sell signal in August 2021 (not shown). Now is a good opportunity to go long. Why? 1) A strong buy signal prints. (not shown). 2) Price action resistance breakout. 3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 80 day period. Is it...
Hi. I have to admit that there is an increasing likelihood of dominance falling off the ascending diagonal at last. The 1 day and 2 day charts show the corresponding signs. But things are happening very slowly. We have to wait for behavior around ~52.7% . But signals are very interesting. 9 seasons showed a bearish plot again. LaRSI reversed on 2 days.
Even thou BTC is in a correction, in this macro regime altcoins should outperform, so looking at CTSI, i think it should be one of the outperforming ones short-term: - Day MACD is in the oversold zone and reversing, being in a uptrend indicated by the 50/200 MAs - On Day timeframe (TF) there is a bullish reversal divergence as well as bullish continuation...
Crypto has been on a general down-trend the last couple of days. In the last hour or two we've seen a temporary increase in the cryptos I've looked at but I'm not seeing volume to support the uptrend. In particular, I've been following UNFI in particular (main chart) and it looks like there's some buy/sell algorithms oscillating generally between the hour chart...
Please see the chart for details. If you are familiar with trading set ups, The entry zone, stop loss and take profits are shown on the chart in the trade box.
There is a positive divergence in the RSI on the daily chart. Looks like it broke the falling wedge. It may want to touch the descending trend line again. However, it will push long-term resistance levels soon. It may be one of the leading altcoins in the bull run.
XAGUSD can be attempted to short on bearish divergence indicate that trend will be reversed. SL , TP mention in chart.
We saw BINANCE:BTCUSDT break all time highs followed by a retracement. Currently, price has broken a bearish parallel channel and found support at a long term support trend line. Bullish divergence is also present at this level! I am expecting the bullish momentum to continue on BINANCE:BTCUSDT !
Couple points to consider 1) RSI 2) Bullish divergence as drawn 3) Price below BB (In general price tends to print inside Bollinger Bands, usually a move below/above them will almost immediately result in the opposite move) 4) 5 oscillators flashing bullish on 3D chart For me an easy 20-30% profit long trade. Too bad I can't be arsed to open a trading account on...
🔍Today is Friday, with just one day left in the trading week, and the market could still offer interesting moves. Hopefully, you've opened positions and profited. Yesterday, after some ranging, the market followed the anticipated pattern, with higher timeframes exerting more influence than shorter ones, propelling the market upwards.Today's focus is on BNB, which,...
Firstly a big thank you for taking me past the 10k likes on Tradingview. That’s a great milestone and tells me the ideas must be appreciated. If it is okay with you I’ll continue to share them freely. As a thank you for taking my ideas past this milestone I want to share the idea that will challenge 95% of those reading. You will just not believe what is about to...