just a quick update. the PT i posted earlier we hit then we blew past it !!!!! now look as we are bouncing back and fourth on that same price target as support/resistance you can make this up. technicals are key always wait for your candles to close and zoom out before your freak out.. a 6hr chart is not worrisome at all vs a 1hr. check it out for...
take your profits people! close out 1/4 positions!!! ***im not a professional... i do this cuz im the man*** if you enjoy the content please like and subscribe
Read the previous idea on copper, same style but with wheat. By Jan 22nd expecting a cycle top and a price target of 660, cycle low on Feb 16th with a target of 575. *Futures trading involves a substantial risk of loss and is not suitable for all investors.
WE BROKE OUT OF THE TRIANGLE AND RETESTED THE RESISTANCE LINE AS SUPPORT. WE ARE MAKING A BULLFLAG AT THTE MOMENT. IF WE CAN BREAK THE BULLFLAG TO THE UPSIDE WE COULD SEE A CONTINUATION OF THE TREND WITH A POSSIBLE PRICE TARGET AROUND $22100.
After a near 50% correction from DNT's recent top, while others in the market rallied, the spotlight has been off the coin for long enough. 4HR wedge pattern, macd reversal, volume trend, and RSI showing we have room to break out to the updside. Red/ Green are your near term support/target prices(resistance)
Green trend lines show long term bullish trend, blue lines show 2020 bullish trend, 20 MA shown being extended with the lighter shaded red line added on. This chart shows a prediction of reaching a point around 20k-22k then a pull back to 16.6k followed by a correction to 15.3k in Spring of 2021. Let me know what you think
BEARISH PATTERN ON 30 MIN CHART PRICE TARGERT AROUND $14800.
LOOKS LIKE WE ARE MAKING A RISING WEDGE ON BTC. THE BEARISH SCENARIO; PRICE TARGET AROUND $10200 THIS WOULD PUT US AGAIN IN THE SUPPORT ZONE BETWEEN $10000 AND $10500. THE BULLISH SCENARIO; PRICE TARGET AROUND $11500 THIS WOULD PUT US INTO THE PREVIOUS RESISTANCE ZONE BETWEEN $11500 AND $12000. IF WE LOOK AT THE FIB LEVELS WE CAN SEE THAT THE GOLDEN POCKET...
A little premature to know for sure, but this is looking like a reverse Cup and Handle pattern to me. If we confirm it by breaking and remaining below the neckline on the daily, we could see prices at or around $8000 by U.S. election time frame. It is worth noting that this move would be in correlation with the broader markets (S&P, DOW, Nasdaq) in which I...
If the chart plays out, could be deep trouble for BAT HODLers! I see a reverse Cup and Handle pattern here in correlation with the broader crypto markets and Bitcoin. Also, crypto markets are in correlation with the broader markets (S&P, Nasdaq, DOW) which is currently seeing a Head and Shoulders pattern in full swing with more room to move down. I don't want to...
After a strong move today we should see continuation to fib levels above. A pullback after open would allow an opportunity to size up positions with stop loss at the fib below. Fib levels above as targets.
Hello, traders! It's been a crazy week for Bitcoin and now is the best time to set out targets for the nearest future. BTC has recently been somewhat uncertain, undecided on which direction it wishes to move next. After BTCs huge rise from $9000 USD to $12000 USD the cryptocurrency has spent most of August trading between $11000 USD and $12000 USD. However,...
NYSE:CHGG With students most likely sticking to a completely online course load this fall, CHEGG will be highly utilized for homework assignments and exam prep. I expect this stock to be close to a $200 stock by year end. First PT is $170.
The SPY is down just over 5% from its recent high. The candle formed today is an Inverted Hammer candlestick (ignore the tall upper shadow that appears on the chart. These levels occurred during pre-market & never came close to those prices during the trading day). This candle needs confirmation tomorrow with preferably a higher open & definitely a higher close...
The close on Friday left was appears to be a "Hanging Man" candlestick. With this occurring during an uptrend this could potentially be a bearish warning sign. We must wait for the confirmation of the CLOSE of trading on Tuesday to find out whether this candle is bearish or not. For confirmation to occur Tuesday's closing price must be below the LOW of Friday's...
The market broke down on January 24th. It opened below the rising trendline on January 27th. Since then, it has been choppy but basically consolidating & I was waiting for some evidence of which way this thing was going to break before commenting on long or short. Today (February 4th) looked like the day it would provide that evidence that the bulls have won. Of...
Wyndham Hotels is looking poised for its next bullish leg higher. The stock broke down through a bullish trendline but was able to find support along the 50-EMA line. The daily volume is showing that buyers are showing up as the price seems to be rounding out of a bottom & the RSI has risen above 50 as it exits an oversold condition. My price targets are noted on...