Today's analysis – THETABTC – Putting in an S/R flip retest of daily support. Price holding this level validates a long trade to structural resistance. Points to consider: - Trend Reversal (S/R flip) - 21 EMA (visual guide) - Bearish divergence (playing out) - Stochastics above 50 - Low Volume THETABTC forming a probable higher low above daily support as...
missed the trade so not gonna FOMO in now, I will be on the lookout for the retest of broken resistance #notfinancialadvisor #DoYourOwnResearch
Today analysis – MITHBTC – Forming a higher low, consolidating above daily support validating a long trade to technical targets above. Points to consider: - S/R flip Retest (trend reversal) - 100 EMA (support confluence) - Inverse head and shoulders - Low volume - Oscillators neutral MITHBTC trading in a healthy uptrend forming a lower high with a valid S/R...
Today's analysis – LINKBTC – consolidating near structural resistance, attempting to break out to new all-time highs. Points to consider: - Ascending triangle (bullish pattern) - Strong price action - S/R flip (trend continuation) - Price discovery (blue-sky breakout) - 20 EMA (visual guide) - Declining volume - Oscillators holding above 50 LINKBTC...
Today's analysis – OGNBTC – breaking bullish from its immediate downtrend as it reaches its apex. Points to consider: - Daily support respected - S/R flip - 21 EMA (visual guide) - Low Volume - RSI breaking above 50 - Bullish Stochastics OGNBTC has respected daily support upon retest, establishing a higher low (early signs of trend reversal). Local...
Todays analysis – SPX – breaking bearish from its long-lived multi-month ascending channel Points to consider: - Channel support breached - Testing daily support and 200 DMA - Bearish price action - RSI breaking below 50 - Stochastics oversold SPX needs a daily body candle close below channel support for a bearish bias in the market. Currently retesting...
Todays analysis – BATBTC – Retracing from a multi-month triangle formation breakout (as explored in previous BATBTC analysis - link down below) Points to consider: - S/R flip retest - Support confluence - 21 EMA visual guide - Oscillators over-extended - RSI bearish divergence - Declining Volume BATBTC needs to hold the probable S/R flip retest at...
Retested green box & fib levels perfectly, had green brush line charted before idk when just checked entered at the mark price targets on the chart 4hr also looks good waiting on close
Todays Analysis – VETUSDT – Ranging within support and resistance Points to consider: - Weekly resistance - S/R Flip - .382 Fibonacci Retracement - 21 EMA (visual guide) - Volume Climax - Oscillators Neutral VETUSDT is consolidating within structural support and double top resistance after putting in a successful S/R flip re-test. A long trade will be...
Todays Analysis – AGIBTC – rejected from structural resistance, trying to bottom with probable inverted head and shoulders. Points to consider: - Multi-resistance Confluence - S/R Flip (trend reversal) - 21 EMA (visual guide) - Declining Volume - RSI above 50 - Stochastics Overextended AGIBTC currently retracing from resistance cluster where the .382...
Todays analysis - IOSTUSDT – retracing after a strong breakthrough structural resistance. Points to consider: - S/R flip Re-test - Support confluence - 55 EMA – visual guide - Volume climax - Oscillators overextended IOST is likely to retrace back to structural resistance after a bullish pattern break, S/R flip needs to hold for a valid long trade....
ascending triangle broken, buy the retest in the green box
- Resistance broken for 3rd time in short duration. - Price sustaining above resistance now. - Will long a retest of this S/R flip for a 7R play
Netflix has broken out of huge ascending triangle, it is one of those few stocks for which current #Covid-19 situation is good for business, with people locked inside only thing they have to do is "Netflix & Chill" green range should act as good support now so buy close to it there are bearish bearish Divs printing on weekly & monthly but I feel this will go...
Afternoon traders, Todays analysis - ALGOUSD – Trading above the structural support zone projecting a healthy inclining trend Points to consider: - S/R flip retest must hold - High overall volume - Declining immediate volume - RSI trading above 50 putting in lower highs - Fibonacci and structural resistance technical targets ALGOUSD recent S/R flip must...
Today’s Chart - TLRAY INC – Currently consolidating in a bull-flag formation above structural support. Points to consider: - Structural support retest (S/R Flip confirmation) - Bull-flag formation - Below average volume - RSI trading above 50 TLRAYs S/R flip has been confirmed with a retest of structural support, the immediate target now structural...
Today’s Chart – AIONBTC – Showing signs of a confirmed trend change, holding structural support will establish another higher low. Points to consider: - S/R flip at structural level - Volume steadily declining - Increased bull volume nodes - Square-up at .5 Fibonacci resistance - RSI bearish divergence Currently trading above structural support,...
Evening Traders, Today’s Analysis – CRLBF – showing signs of a confirmed trend change, holding structural support will establish another higher low. Points to consider, - S/R Flip at structural level - Structural resistance (Immediate target) - RSI Cooling off - Stochastic in upper regions - 21 Moving Average (Visual guide) - Increasing bull...