BINANCE:SHIBUSDT COINBASE:SHIBUSD Hello dear traders. After losing the lovely Shiba Inu dog, I hope the price of this token will return to its previous level I personally liked this dog very much In the next few days, SHIBUSDT is expected to stabilize between the yellow areas. If the price breaks below the mentioned areas, the price will drop to the...
On the above 4-day chart price action has corrected almost 100% since October from $2.60. A number of reasons now exist to be bullish, including: 1) A strong buy signal prints (not shown). If you want to see it, just ask. 2) Price action, RSI, and MFI resistance breakouts. 3) Hidden bullish divergence. The oscillators are printing lower lows as price action is...
We think upheaval battle for high wheat prices has been lost and investors taking out their capital from long positions.
AMEX:SPY October 10,2023 15 Minutes Once market opens, we have to make slight modifications to our setup. We had a buy around 425 + for 430-432 level. AMEX:SPY opened gap down. Closed green and also near high of bar. We had stochastics black bar on top, meaning a retrace is a buy if a back bar is nor formed at bottom during retrace. Ellott oscillator was...
Palantir Technologies more than doubled between early May and late July. Now, after a period of consolidation, trend followers may return to the software company. The first pattern on today’s chart is the rectangle between roughly $13.68 and $16. PLTR chopped in this range for almost eight weeks, but closed above it on Friday. That could make some traders think...
over all dollar seems to make some serious correction after a handsome rally Aud bounce after completing double top breakouts targets RSI divergences bullish candles WE must expect a dead cat bounces
finally rally of 3 months coming to an end bears seems to have total control with trend line rejection divergences and back to back bear candles
any dip will be the buying oppertunity AB=CD pattern completed on 1813 divergence on 4hr charts
AMEX:SPY October 7,2023 15 Minutes. Option buyers as expected made their $$$. 9,21,50 and 100 were converging around 423 levels. Buys was trigerred.427-429 target was achieved. We had a steep fall from 444 levels. So consider the fall 444.43 to 420.19 and the rise 420.19 to 431.12. For the rise we need a retracement to 425 levels which is not only 38.2%...
On the above Weekly chart price action has corrected almost 90% since August 2021. A number of reasons now exist to be bullish , including: 1) A strong buy signal prints (not shown). 2) Regular bullish divergence . 3) Price action confirms support on past resistance. 4) Falling wedge breakout + backtest. Is it possible price action falls further? Sure. Is it...
A simple scenario with 3 elements that might occur for a potential shorting setup. In case a new high is formed and resistance is met at the orange line with signs of a potential turnaround, the case for the short becomes even more relevant if a divergence on Awesome Oscillator appears. There is an interesting support curved trend line following the previous lows...
Left chart: The daily RSI has a bearish divergence and failure swing (lower low) coming out of oversold territory which suggests a top for the month of October is probably in. A close below the 9-day (pink) moving average is also bearish. Right chart: The hourly chart shows price near the bottom of a price channel that is about 1 month in duration. A bounce...
Uranium miner Cameco ran to new highs in August and September as prices increased for the nuclear fuel. Now, after a pullback, some dip buyers may get active. The first pattern on today’s chart is the $35.16 level where CCJ closed at the end of July. It continued to serve as resistance in the first half of August, but then became support after prices broke out on...
GM fellow crypto enthusiasts! Today we are going to discuss how to identify and trade ranges. How to identify a trading range? A trading range is formed when an asset trades between consistent high and low prices for a period of time. The top of the trading range often provides price resistance, where as the bottom of the trading range typically offers price...
It appears that NESTLEIND has experienced a recovery near the earlier support level (approximately 21338). Additionally, the RSI is currently between 30 and 40. Price re-visiting the recent high at 23410 would potentially result in an approximate of 7% increase.
On the above 2-week chart the 2 year bond yield has increased an astonishing 4500% in a little over 2 years, perhaps you’ve noticed?. The chart is now indicating rising yields are a thing of the past, at least until 2026. From here on it is pauses and cuts until the real economy shows signs of recovery. This will likely be a difficult 2 years ahead for many. The...
CAPITALCOM:US100 has broken the neckline/support after forming Head & Shoulder pattern (Bearish Reversal). Check out previous post for CAPITALCOM:US100 to find the full analysis!
AMEX:SPY October 4, 2023. 15 Minutes. Down trend continues. As expected once 424.52 was broken it was non stop downtrend till 420 levels. We are nearing the important 418-412 levels. Yesterday made a mistake as i missed to see the 100,50 averages near 427 levels. AMEX:SPY made a high 426.65 and reversed getting resisted around those average levels. When...