The first day of the week seems rather neutral, with slight bearish signs. We see the price of BTC being held by resistance at $45K and, at the same time, being on the upper side of the middle line of the Bollinger Bands. Our first target is to enter back inside that small trend path and potentially breakdown from it as well! Which should result in a nice first...
A closeup of the rndr inj shorter term relationship. It appears that INJ profit takers like to take profits into RNDR and vice versa when RNDR is overheated.
The price is currently hovering around a key resistance level, with potential entry points highlighted. The market is indicating a possible downward trend, with the major target set at a lower support zone (near 100 and 200 EMA). Swallow Team
With an Elliott Wave pattern in motion, points (A) to (E), the coin has been making waves. The climb to point (C) was promising, but now we're in a critical phase as we've slipped from there, and point (D) is giving us some hope from the push it is showing us right now. It looks like we're gearing up for a decisive moment at point (E). If the bulls can muster up...
On the above 10-day chart price action has corrected 98% since 2021. Now is an excellent long moment. Why? 1) You know why. 2) Price action, RSI, MFI resistance breakouts. 3) Bullish divergence. Lots of it. 9 oscillators are printing positive divergence with price action. 4) No stock splits. 5) High short interest. A number of hedge funds as well as private...
ETH, on a smaller timeframe, is showing us some interesting patterns as well. As we can see, that upper, smaller resistance is primarily holding price, which will determine the following significant movement. Breakout + Re-Test = Bullish Movement Rejection + Re-Test = Bearish Movement Swallow Team
Third Week: We are seeing a nice rejection happening near the $44,500 zone, where the last weekly candle closed with nice and good dominance from bears. With that being said, we are seeing the first weakness kick in since October 16th (2 months of straight green candles). Now that the first weak link has accrued, we are seeing a nice start of downward movement,...
With holidays just around the corner, the price of BTC is having hard times breaking that major $45K zone, which has been some kind of resistance for quite some time. With that being said, we see a weakness in volume from buyers, which is also good for us as we are getting ready for a potential major correction to happen before the next bullish market...
Our attention got caught by LINK coins, whose price has had a nice bounce from the lower support zone, breaking compliantly that 200EMA and now going for that 100EMA as well. We are seeing the price hitting the upper resistance soon if this kind of push continues from where we are going to look for a potential short position! Swallow Team
BNB is currently exhibiting critical price action as it tests a major resistance zone around $260. This level has previously acted as a strong barrier; a decisive breakout above could signal further bullish momentum. However, the price has faced multiple rejections at this level, so let's see. We have two possible scenarios here: 1) Breakout with a nice re-test,...
AI's EUR/USD Falling Channel & Breakout Odds with Scalping Range D ear Valued Investors, Introduction I would like to provide you with an update on the trading bots' activity. They have been diligently following a short position initiated at 1.101, see the idea above the chart, and I am pleased to inform you that the trade has been successful, as indicated...
AMEX:SPY December 22, 2023 15 Minutes. As expected AMEX:SPY retraced to 472.5 levels. But two things happened. First was a gap up to 472.3. Retraced and we had a sell bar, 4th from open. We are in a bull market, and due to the gap up we can target only 469 levels ner gap-fill levels. In due course, we had a bar making a low of 468.84 which also happens to...
I’m selling this options contract, with expiration and strike at the crosshairs. Selling the Put means I want price to say above the strike until the expiration. The D+ indicator is showing a red cloud, but it is weakening. The red cloud means downward pressure. And we can see that price had leveled out by the time the cloud began. The red outline on the cloud...
Looking into buying position with a target at 0.87
TGT is consolidating before attempting to take out resistance at ~$137. Beautiful MACD divergence was seen before forming the bottom. I would not be surprised to see multiple attempts needed before taking out this next level of resistance given this area is a key battleground based on VRVP. Possible cup and handle forming? That would be nice.
AMEX:SPY December 21, 2023 15 Minutes. Once more. AMEX:SPY gave a Wednesday/Thursday trade setup. Price action gave us a setup that closed below 471.8 we have to sell. So if we go to a lower time frame 5 minutes chart We can see moving averages sloping up, 9,21,50 averages broke, took support at 100, bounced back, and once broke 100 averages on the downside...
On the above weekly chart price action has corrected 96% since late 2021. A number of reasons now exist to consider a long position, including: 1) Price action and RSI resistance breakouts. 2) Support and resistance. Price action prints multiple weekly candles on past resistance. Oh yes. 3) Regular bullish divergence. Multiple oscillators print positive...
Get ready for the big sale. All the moves are because big sales are coming. In my opinion, and according to the price movements, this area will act as resistance. And yet, I will enter into sales according to my personal strategy, which is based on Ichimoku. The goals and areas are clear in the image.