All the necessary explanations were given in the previous analysis in the daily time frame. We have reached a very important resistance area in the weekly time frame. Important numbers and areas on the chart are clear
Hello everyone. All the numbers on the chart and the entry and exit areas of the loss limit are specified. It seems that the price indicated by the star symbol will be touched before the price indicated by the no entry sign.
1. In April’23 & May’23 Stock took support of a long term trend line on monthly chart . (this can be considered as end of wave 4 on monthly chart). 2. Also we can see Reverse Divergence (Bullish) between Lows of March’20 and April 23 as Price was making Higher Low and MACD was making Lower Low. 3. May 23 can be considered start of 5th wave. 4. Going deep in to...
CRYPTO:XRPUSD long term is very bullish. I measured that we will hit the target profit $27 around early to mid 2025 based on the previous 1 year pole. You can see the formation of rally-consolidation-rally with a bullish pennant consolidation. RSI is looking good too, i'm certain it will close with a crossing but you can wait until december closing to make sure....
Hello everyone. All the numbers on the chart and the entry and exit areas of the loss limit are specified. It seems that the price indicated by the star symbol will be touched before the price indicated by the no entry sign.
AMEX:SPY January 11, 2024 15 Minutes. The uptrend is intact as expected. Considering the last rise from 472.93 to 477.44 holding 474 levels 477 can be expected as a target. Moving averages are falling in place9,21,50,100 and 200 in order. AMEX:SPY closed above all moving averages. 422 will be a good support being 200 average numbers in a 15-minute time...
Hype does not begin to cover it (links way below). Am reminded of ADA bulls at three dollars and above after rallying from 3 cents or Ethereum from 180 dollars to 4.5k. Greed is a powerful emotion and in full swing. “Is your 5 cent idea still valid?” “You’re prediction is wrong” “Get a real job you’re crap at this!” A flavour of the messages that are received...
Since January 2, the S&P 500 has been on a downward trend, as indicated by market signals pointing towards a decline in the index’s value.
Here we are touched nicely by that FWB:48K zone that we have been telling you about and also which activated for us the third and last entry on our short position. We are now looking to see no more further growth here and more downward movement, for sure! As we mentioned already, we see that fake news we had was like a small test run. People have seen an...
1. Bullish divergence on 4 hr and daily timeframe 2. First HH after a month of bearish price action
The LTC coin has caught our attention with some nice potential for history to be repeated! We are seeing how, after forming some bullish trends, we have been eventually breaking them from time to time. With that being said, we are seeing a similar outcome, where currently we had a breakdown and now we are entering the "sideways movement" phase. During that...
AS shown on a 4H chart, UNG which tracks natural gas futures has been rising now for three weeks with the typical demand of the winter months and the cold weather impacting new supplies while Russia's war continues. Volumes are relatively high while dual TF ( 4H and 1Week) crossed the 50 line on December 28. Price has now crossed over the Fib -.5 line of...
AMEX:SPY January 10, 2024 15 Minutes. SPY opened with a gap down. For the rise from 466.4 to 474.75 it was around 38.2% retracement. The second bar closed near the top, at 200 averages. The third bar closed above 200 averages triggering a long buy with SL 471.25 10 cents below the day low. at that time for a target previous day high around 474.5+ levels. So R:...
Uncertain EURUSD, but These Levels are likely Important Dear Esteemed Members, I know when I say the EUR can go up or down, doesn't seem to be useful, but I believe the outcome depends on resistance or support break and fundamental factors. As per the latest technical analysis updates, it is widely agreed that the EUR/USD exchange rate is currently...
Adobe rallied in the spring on AI optimism. It continued higher in the fourth quarter before pulling back, and now dip buyers may get active. The first pattern on today’s chart is the price zone between roughly $560 and $570. The software company peaked there in September and October, but is now trying to hold it. Has old resistance become new support? Second,...
Hello everyone. The price correction of this currency pair is still going on, but there are opportunities to buy in the specified areas. All numbers are specified. It seems that the price reaches the star sign before reaching the forbidden sign.
The second day of the week started with some breakouts from $45K, which has been one struggle zone for many days already. Now that we have broken that zone and resulted in another big green candle (which lately has been common), we have entered into the "Extreme Greed" situation with the marekts! Only based on that index can we assume that we will see a drop, but...
AMEX:SPY January 9, 2024. 15 Minute. In 60 minutes I was bearish because the 200 average was around 475, a black bar in stochastics was at the bottom, CCI was red and Elliott Oscillator was red. All bearish signals for me with 475 as a turning point. In 15 minutes also we can see a similar pattern. But once the 4th bar of the day in 15 minutes, we had a...