Expecting reversal and climb toward Nov 2021 average price ~$20 coinciding with plus 70% DeMarker values. Target range $10-12 within a the week 🤞 Not financial advice.
NYSE:AMC I admit I am quite happy with this prediction, considering I've been trading for a year now, and stonks no less! This thing will continue to run into March earnings report around that $40 target. Unless shorts never cover and this goes $GME. Viva la revolucion!
Earlier in the week we saw ETH broke through the bottom of the long term regression channel that goes back to December 2020. I believe this to be a bullish sign, with selling pressure finally alleviated. I've drawn a very short term regression channel just to visualize the 5 days of bullish price action that followed. We see that RSI is turning up, as well as...
I marked a significant zone and did not see any solid pivots for a pitchfork but noticed a few reversal along a centerline so I used the regression trend tool and extended the upper and lower deviations to 3/-3. After placing the channel the centerline is not as visible as I thought. I'm mostly experimenting with the regression trend and watching for now.
The main level is broken and retested. LR channel is broken too. The yellow ascending line is broken. So, enter short position by touching the entry point or around the S & R level. Take profits at levels. Have fun.
Consolidation during the 2020 bull run. I'm looking at the energy value trend, sustaining current levels against price action
After an unprecedented profit-taking surge to liquidate $2.6B in longs over the past 12 hours, we might be asking if ETH will ever break $4,000 gain. But if you accept my theory that there is a natural regression channel that ETH has been following all year, this drop today seems perfectly within balance to keep the price moving toward the mean. While we saw a...
Hello everyone! UPST is now in the resistance zone of this regression channel in the daily chart. I think we can experience a pullback to the $340 in the upcoming weeks. Remember that the trend is your friend, that's why I'll not short UPST for now. NASDAQ:UPST Not a financial advisor. Just my personal opinion. Enjoy your weekend.
Shiba still in uptrend, don't panic to sell, it will go all the way to the new ATH!
Some speculation here for the bears, even though it is unlikely to pan out from the recent Stoch RSI Cross on the monthly. If ~57.4k gets a correction that may signal control for bears to a path back to retest the 2017 high (its already been retested if you look at the BTCUSD/DXY chart). Currently, it is sitting on a demand vector, c -wave target, and an upper...
Bitcoin logarithmic regression bear cycle short. (Macro target: $16000).
Here we see our FET 12 hour chart and boy we see quite a pullback ! We're now under 1400 . But if you see those black lines on my chart it does look as if we are forming a symmetric triangle shape . Now a chart pattern like that can break upwards or downwards - and by approximately the same amount as those purple lines show (which is the length of the rise near...
3 factors are telling us about selling opportunity! 1st, The linear regression (in the case of trend and over bought) 2nd, The Resistance 3rd, The high volume candle breaks the lowest low of the last 24 candles previously! In longer term analysis we could see a strong Support! But I don't believe it will effect our medium term analysis in this case. Consider...
Don't ask me why, but tomorrow between 04:00 and 10:00 UTC it's going to go down further. This is not an analysis which you should build an investment upon. We're on the way down for a little while. Call it a correction or a beraish phase. RSI (1h) is going back to the middle of the band, and it's going further down when it reaches values between 50 and 60, I...
New banking regulations in EU and elsewhere combined with QE punch bowl drying up is taking wind out of the sails of the Financials. XLF appears to be struggling at the mid-line of the regression channel again! Potential 4th failed attempt to cross midline unfolding. Similar chart pattern last July into Sept, which resulted in a ~10% sell off. Bearish...
Wow! Markets are coming to a head fast! S&P futures have been low volume and ripe with volatility growth. Jackson Hole approaches and hedging / volatility futures have priced in movement to the downside. Bears are waking up from a long 1.5Y nap after feasting in March of 2020. China Tech sector continues to get pounded. Why is China Tech sector so...
Hay All Traders, I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY... I'm saying there is more blood to come on Bay St. Because of looking at the daily chart and putting on my version of the RSI. Since the 11th, it has been heading down very fast, and with my version of MACD,...
Too long didn't read hah? Just read below! As you can see on the chart, Bitcoin has broken down the channel (regression channel) and then had a pull back to it's moving average (34 EMA), now the bear set up is likely and we are looking for another drop. stay put! If you like to see more of my posts, please care enough to like it ;)