At the weekly chart logarithmically, there are two bowl formations inside each other. The first target is $0.57 at the beginning of 2024, and it is likely to make a new ATH by the end of 2024.
CRWD reports on March 4th in the meanwhile in it is shown here on a 15 minute chart with a Bollinger Band overlay. Price has trended from the upper bands down through the middle line into the lower inner and outer bands where a reversal took place at the level of the mean anchored VWAP band where the price fall was rejected with good support and wick...
Hello everyone, I just found a bearish RSI divergence on weekly chart of Nasdaq. RSI (14) on February 5 was at 73.05 and 72.91 on February 26. Close was 15990.66, now is 16274.94. In addition there was a bull cycle of 18 bars on weekly chart from March 13 2023 with price increase of 31.54 %, current cycle from October 23 ended with 29.96 %. And there is a high...
FX:NZDUSD broke the lower high on daily/4hr tf and is currently finding support at 0.786 fib level. Bullish divergence is also present at this important 0.786 level! Going long at current market price!
Bullish case: 1. End of corrective wave 2 2. Price-RSI Divergence 3. Price-Volume Divergence 4. RSI double bottom
On the above 2-week chart of the Global X Lithium & Battery Tech ETF price action has corrected 60%. A number of reasons now exist to be long. 1) Support and resistance. In 2011 and 2017 price action found strong resistance exactly at $40 before breaking out in 2020 for a massive 140% gain. Price action has now returned to $40. 2) RSI resistance breakout. 3)...
NASDAQ:SWIN is in a good position to cliose the gap to $29. Reasons: In the last few days it picked up steam. the KDJ / MACD had a recent cross over on the weekly & daily chart the company just recently turned profitable with revenue and net income trading volume increased
Ichimoku dead cross happened in daily DXY chart. In previous three occasions DXY fell for about a month after the dead crosses. It is likely to fall to 102.5 in March, and maybe 100.8 in April.
The current price action demonstrates a consolidation phase, as delineated by the curve indicated on the chart. Furthermore, a bullish divergence has emerged in conjunction with the RSI. Notably, the RSI exhibits an upward trajectory, indicative of a burgeoning upward momentum. Should the price breach its resistance level of 6.90, this may signify the formation of...
Meme coin volumes can signal times of market euphoria and the MCV is generally a leading indicator of a top. Today, the aggregate volume of the largest meme coins spiked above critical levels and to the highest levels seen in the history of the indicator. Is a local top near? Crypto market participants may be wise plan for a potential local top in the "near"...
Bitcoin is facing historical supply zone and RSI about to enter overbought territory. Local top seems near and price may retrace down to 50MA, mid-term. ⚡️⚡️ #BTC/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Short) Leverage: Isolated (5.0X) Amount: 5.5% Current Price: 51926.9 Entry Targets: 1) 52197.8 Take-Profit Targets: 1) 40814.3 Stop...
On the above 8-day chart price action has corrected over 90% since March 2021. A number of reasons now exist to consider a long position, including: 1) Price action and RSI resistance breakouts. 2) Price action backtests past resistance as support. 3) Price action prints a double bottom bullish divergence. 4) Some other stuff, will say elsewhere.. Is it...
When BTC surged to touch 49K in the prior move we saw a shooting star candle form with a proceeding downward move. We see the same thing happen on the daily candle close once it hit $53k. We also see bearish divergence on the RSI indicator on the 4hr timeframe. If history is our teacher then a move down should be forecasted in the near term. As you can see from...
Bitcoin technical analysis update (Weekly Chart) Bitcoin's weekly RSI falling from the last 2 years, In December 2020 weekly RSI touched 95 overbought levels, at the time BTC was trading at $42000 after that RSI started falling. In the above chart, you can see Bitcoin 2 year-long Weekly RSI breakout above its trend resistance line, this is a good bullish sign for...
Bitcoin weekly RSI showing the bottom of Bitcoin. Thanks Hexa
On the above weekly chart price action has corrected almost 90% since the sell signal (not shown). Now is an excellent long moment. Why? 1) A strong buy signal (not shown). 2) Price action is printing on past resistance, look left. 3) Bullish divergence. 4) Weekly Dragonfly DOJI candle. 5) No stock splits. Is it possible price action falls further? Sure. Is...
FX:EURUSD has been in a bullish momentum after breaking the Lower High on 4 hr. Expecting the price to bounce from this retracement, stop loss below last S&R level!
Hi. Even though the expectations for a stop around 53-54K did not materialize, I want to remind you of something. Every time the monthly stochastic showed 100, it reversed. 82 is a classic FOMO. The monthly volume bar is down. Do you have any idea how big a pin this thing could be? Stop looking at the 4 hour chart.