Previously a trade was taken on the spy from this support level that targetted tthe $420-$425 level of Previous Support and Resistance after hitting this level of interest price came back down to support in early October. By this time we developed Bullish Divergence and eventually Gapped Down Below Support only to close Bullishly back above Support therefore...
Tron's Ethereum trading pair has been trading at lows within the bounds of this range since near the end of 2020, and now as price approaches the end of 2023, We can see that it is attempting a Partial Decline, which can only be considered a confirmed Partial Decline once and if price hits the top of the range again from here rather than first making a full...
There is Hidden Bullish Divergence as we are Potentially putting in a Higher Low Partial Decline within a Right-Angled and Descending Broadening Formation just below the PCZ of a Bullish Bat and if we breakout then the move should take us up at least about 200% from the current price level.
This is a Right-Angled and Descending Broadening Formation Breakout after a Partial Decline which makes the chances of performance even greater. For this one i would target the .618 Retrace though it could always go higher to maybe even an .886 KLAY may also be doing a bit of Break Hook and Go action on this pattern on this weekly timeframe.
We have a Confirmed Partial-Decline of the Descending Broadening Wedge; The Bullish Target would take us to $6.30 but we have room to push to around $10.50
We have a Bullish Bat Visible on the Weekly and Monthly with Weekly MACD Bullish Divergence near the bottom of a Decades Long Range. If we bounce from here to the range top a Partial-Decline will be Confirmed that could likely result in a Breakout to $28.
Ericsson also has a great P/E Ratio to back it up and as a result i have gotten the Jan 19 (413d) 8 C call...
We have a Bullish Gartley on the 30 Minute and a medium sized Bullish Shark on the Daily within the local range above the support zone. If we can trade back above the zone marked in the white box on the bottom right chart we will likely reconfirm our partial decline from there and breakout of the overall Descending Boradening Wedge and go for Macro Targets between...
This is an Update to this currenly still active previous setup from several weeks ago:
As of rigth now LINK has Confirmed it's Pivot from the 0.618 and has now broken through a serious Supply Line; If it continues up to $9.51 we will have confirmed a Partial Decline which at that point should lead to a Breakout of the Range that could take it to the next...
Both the DJI and the SSPX have been trading within this Descending Broadening Wedge since the year begun and both have shown Bullish Variables that have allowed it to hold above a Horizontal Support Level. In this time The Potential for a Partial Decline has made itself present on the chart but the SPX has yet to confirm the Partial Decline of the Descending...
We may attempt a Partial-Decline of the Descending Broadening Wedge thanks to the assist from this Bullish Bat.
The Bullish Target would take us to $6.30 but due to how Bearish the Macro has been I'll also take some off at $2.0
Link several weeks back bearishly reversed at the top of the local range which lined up with the PCZ of a Bearish Bat and the target i had set for it was the 50-61.8% Retracement because there was a higher probability that Chainlink would reverse Bullishly there to begin to attempt a Partial-Decline.
We've since begun to reverse at that level and are showing...
CHAINLINK has been trading within this range for the last few months and recently has put in a Partial Decline; However it has formed a Bearish Bat on the Way up and may look to make a 50%-78.6% Retrace before continuing back up again to Bullishly Breakout.
So i would say the short entry is here and the profit target is between the 50 and 61.8 Retrace. Before...
