This stock has to push up again, no doupt. It is oversold on the bigger time frame and at the bottom rioght now. Only question is when! Based on Fibonacci I set the targets like in the chart labeled.
XRP looking super bearish on the daily but I think it could be a quick wick down or a fake out. Price is nearing Strong support on the weekly. But could see a wick down to the 40 cent area. If you look on chart you will see the exact same setup is playing out that occurred around end of Jan 2021. BB tightened with a death cross looming on the daily moving...
Going to try to catch a EURO Reversal from here as the RSI has bounced from being oversold at these levels twice in quick succession.
Ok, NIO went down to close the gap as we expected it would, and now we have some interesting things going on! The price stopped at the support we mentioned yesterday, the 43.89, and it is bouncing back up, as usual. The 46.25 is a breakpoint, and it could hit the 50 if it triggers a buy. Since NIO is at support area, doing some interesting patterns, the...
The chart shows very oversold over the bigger time frame. I assume the correction is done and we could change into the next bull run. Risk/Reward looks good, estimated entry and stop loss drawn in the chart.
So Es is due for a drop, maybe even a significant correction. But this is tough to call because markets only go up don’t cha’ know? Manipulation is tough to trade but I still take small bites of money on sells. And now think we are at a sell spot possibly. ES has been trading in parallel channel of yellow lines. Also this index is overbought on monthly, weekly...
We are sitting on the 200 EMA, strong support. I think the entry is now pretty attractiv. Correction wave seems to be completed and the sideways trend is accumulating for the trend up I guess. The MACD shows us still a big oversold over the bigger time frame. Long term target $480
As requested by @Binuthi, I’ll take a look at GTT today! I see it dropping to close the gap at 2.53, then it might do a good movement. The RSI is oversold, but it can get more. In the 4h chart, GTT can hit the 20ma again, hen we’ll see what’s the deal. If it loses this point, the $ 2 is the next stop. But any good bullish pattern around this support zone can...
Hello, dear subscribers! In the previous review, we looked at the downward movement of bitcoin price at the breakout of $35,000. Since then there was a fakeout above $38,000, the price was rising to $40,000. After that, a progressive downward movement began. At the moment we are at the global support zone of $30,000. MACD, RSI and OBV indicators are in the red...
Hello, As we regularly visit the 'oversold area' on RSI-14, this suggest accumulation on the market. CME expiration date could suggest the the "spring area' in the pattern. CME expiration date is right after the launchpad of testnet of EIP-1559. The final 'London hardfork' with full EIP-1559 implementation stats 14. July, however right after testnet we will know...
DAX is pretty oversold in the 4H. Which could provide a long opportunity with TP around 600/650. Possible support around 15,300. Take care mates.
RSI is Moderately oversold at the bottom of a trading range i will be making a small bet that we will rise a little bit from here.
Hello,Traders! GOLD broke out of the rising channel And then fell sharply on the fundamental news The correction has reached -7.5% which seems like an overreaction To the FOMC meeting minutes Which makes me expect a rebound And the current support level is a good base for the bullish move The first target for the recover is the nearest resistance level ...
It looks like DE is extremely oversold, and this might be interesting. We have a divergence on the RSI in the 30min chart. It is not the best, but it is a start. We also have a rounded bottom idea, and only DE loses its bottom the trade will fail. Small stop-loss, high reward. The RSI in the 4h chart is extremely oversold as well, and DE went outside the BB for...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on June 11, 2021 with a closing price of 159.92...
Announced a stock issuance that only dilutes by 1.5%. Triangle is narrowing quickly and I predict a quick breakout back up. Buying 1-2 month calls tomorrow if the narrowing continues
This is not a financial advice. Stochastic RSI tells us more about a weak btc condition. Stochastic is about its oversold condition. Support waits between 20 and 30k.Whale time. Good luck!
The chart says it all. It's forming a pattern similar to the previous correction. Over the next couple of days QQQ might be forming a bottom if 316 level holds and prepare for the next rally.