The big drop should acure about around 1990 area should be a reversal point for the decision making. That is the strong area if not then 2400 should be a good place to drop.
Since we are pretty bullish at the moment, also the merge is coming on the 15th so please be aware so the upcoming big drop. It is also pretty spikey so becareful :)
NASDAQ:TSLA
TSLA on the daily chart has mid-Fibonacci levels on the retracement of the uptrend serving
as support. The MACD has the K/D lines with a crossover above the low amplitude histogram.
So the question is wil TSLA break those supports and head lower or instead
will it bounce off of one or the other and uptrend towards overhead resistance.
What...
When you look at my last post you see USDJPY had bearish correction. Your entry is the POI 0.786 FIB Zone
In my price action post we already had confirmations/retracements at the 0.786 FIB Zone
Another confirmation for the reversal is that both swings have a FIB consolidation at the 1.309 FIB Zone.
Your entry is the blue line at my 0.786 FIB Zone, above it is...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC quick update.
BTC broke the bear flag in the 4hr time frame that was expected from the last few days. We now can expect price to touch $18k-$19k level.
WHY I'M ON BEARISH
1) Price broke the bearish flag pattern.
2)MACD is confirming the Bearish...
After my prediction from yesterday usdjpy has to correct its price.
Indicator has an crossover, price action confirmations, increase your RR as much as possible
GG Ez MatrixV
Hey everyone,
My last post was just before the last bullish move the crypto market made and was about DOTUSDT precisely. It turned out very well as I published before the move along with a signal that the TP level got hit 2 days after the price consolidated for a day. So if you have seen it, it is perfect because you were able to catch the move. (link down...
Daily Bias = Short
Price Phase = Rebalance
Overall Daily Bias is down, with price reaching for the low at 1356. Price is currently rebalancing some imbalances left during expansion.
Yesterday, the BTC daily didnt appeal to me as much as the ETH chart did but today is a different story. Same factors that are against ETH are against BTC:
13 EMA
50 EMA
200 EMA
McDonald's Arches are present pattern here
All in all I see this easily retracing back to the support zone highlighted. The question though is will it hold?
IBIO is showing some consolidation. Recently stock is up a a decent volume.
looking at a longer time frame chart : double bottom patter - showing strong support line, defined risk level.
cup with hand formation is a very statistically strong consolidation pattern.
for the target price i would use 26.8% Fabonacci retracement level and 38.2% retracement level. AMEX:IBIO
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Hey fam, this TA is important, so please pay a close attention and in the end, let me about your ideas in the comment section.
What do we see in the chart❓
There are two strong bearish movements both took 11 weeks and also there is a 9 weeks upward retracement in the between.
The price is now in the 4th wave of the main bearish movement and it is a...
