RNDR ended up breaking out exactly where I projected to the day (lucky). This does show that the crypto market is a little simpler than stocks, basic charting tends to pan out on strong narrative tokens. I expect to see a test of 5$ again in the near future as NVDA remains strong. The stochastic reversal was right on the day and expanded perfectly here. If BTC...
Pair : CADJPY ( Canadian Dollar / Japanese Yen ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Daily Resistance Level. Double Top Pattern as Correction in Short Time Frame and Long Time Frame and Rejection from its Second Top. Strong Divergence in RSI
Celestia regained 50MA support, looks good for very short-term recovery. ⚡️⚡️ #TIA/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (7.6X) Amount: 5.0% Current Price: 15.120 Entry Targets: 1) 14.780 Take-Profit Targets: 1) 16.344 Stop Targets: 1) 13.997 Published By: @Zblaba LSE:TIA BYBIT:TIAUSDT.P #Celestia...
MGNX as a biotech company makes antibodies against certain cancers. The antibody is tagged to chemotherapy molecules and then heads off looking for cancer cells to which it has a strong affinity. So much for the science. MGNX just got upgraded and the new target is $ 16.00 about 25% upside. Biotech and healthcare are projected hot sectors this year. On the...
AMEX:SPY January 30 2024 15 Minutes AMEX:SPY continues its uptrend with divergence. Broke the rectangle consolidation. 492.5 is crucial. There is divergence in the Elliott oscillator in all-time frames. The expected pull back not happening. The fact it is making HH and HL narrowly suggests it is a testing time for traders with rules-based entry exit. My...
Stock CERA EGX Egypt, On the weekly chart, it is going through slow accumulation, It is expected to leave this level soon, targeting 1.4, in uptrend movement for 16 - 20 weeks. The high probability for more Egyptian pound devaluation will push prices up.
After monitoring this one for very long, we are finally seeing some breakdown attempts near the neckline zone. As we broke that zone, we also went for a re-test, which is currently showing bad signs. But we are not rushing and we are getting ready for a potential position here, which means that if daily candle closes again below neckline zone, this would indicate...
DOT coin is back on our spotlight with a great format forming here (head and shoulder pattern) While we see good potential for this kind of movement, we still need to fully form that right shoulder, which can also be good for some short-term selling positions! But as always, our best entry relies on that neckline zone, which we are looking to break sooner this...
Ripple is still trading and bouncing inside the bullish trend here. We recently had a nice liquidity movement to lower zones, which is currently showing some kind of recovery. We, as always, are looking for potential good zones to enter with positions both long and short!! Waiting for confirmation before entering
After amazing drop which resulted in good gains, Cardano has been bounching from lower support zone, which might push price towards upper resistance zone (near EMAs) We are waiting for the price to reach that zone there and looking to see how it will reach it. If everything goes according to plan, we will be looking for a short position here! Swallow Team
On the above bi-Weekly chart price action has corrected over 90% since June 2020. A number of reasons now exist to be bullish , including: 1) A strong buy signal prints (not shown). 2) Regular bullish divergence . Multiple oscillators printing divergence. 3) Price action confirms support on past resistance. 4) Falling wedge breakout + backtest. Is it possible...
TSLA shares are trying to react today, and this is something that could signal a recovery, which is understandable, given how much the price has fallen in recent weeks and how oversold the stock is at the moment. Since the last top in December, the stock has plummeted almost 30%, breaking all its medium-term supports, materializing a downtrend. I say the price is...
On the above 1-day chart price action has corrected almost 90% since the beginning of the year. Now is an excellent moment to be long. Why? 1) A buy signal prints. 2) Price action and RSI breaks out from resistance. 3) The BTC pair matches points 1 & 2. (Chart below). 4) Top 10 Holders control 25.06% of supply on a $50m market cap! This is fantastic. I don’t...
As Bitcoin is hunting those upper liquidity zones, we are looking for the price to hover for some time there and eventually move and test that $40K zone. Currently, after a significant breakout from the $40K zone, we are seeing that volume is slowly fading away, which indicates a potential re-test to happen soon! Swallow Team
Another week is here, and last week we had some massive moves on the market. (Where we dumped as low as $38,500 and then recovered from there, eventually not securing that $40K zone as of now.). That's all natural movement from bitcoin, as we are witnessing a correction to the upper zones (near $43,500), where a lot of liquidity is currently lying. Despite all...
The NYSE:SUI currency has a hidden bearish divergence in the daily and 4-hour time frame, for which targets of 1$ or less can be predicted.
Ford has scaled back its EV ambitions in consideration of the marketplace while TSLA drops its price in the Eurozone and falls into less than first place in the China EV market. Ford's F-150 truck continues to dominate GM and the others in North America. On the 4H chart, first a price uptrend and then retrace to the 0.5 Fib level and a reverse into a new...
AMEX:SPY January 29, 2024 15 Minutes SPY is continuing the sideways. At present the 9,21,50 and 100 averages have caught up with the price. I am still holding the short position. Expecting the 200 to be touched and then a move. The 200 has moved from 475 to 482 last week. The shorts are around 487 levels I am looking forward to closing around 484 levels with...