Evening Traders! Today’s update will be on BTC which has negated the cup and handle formation (see chart linked) and now is in an established down trend. Due to the immense selling pressure, BTC is probable to have an oversold bounce cooling of oscillators such as the RSI. Points to consider, - 21 EMA broken - Structural support intact - RSI...
Hello Traders! Today’s update will be on SPY, a big gap down with immense selling pressure coming in from a technical standpoint. An oversold bounce will be imminent due to overextended oscillators Points to consider, - Key Moving Averages broken - Local support at .50 Fibonacci - RSI oversold - Stochastics in lower regions - Volume Climax nodes SPY...
Hello Traders! Today’s update will focus on ZRXBTC which has broken the 200 MA, structural resistance still in play Points to consider, - ZRX respecting trend line - Structural resistance to break - 200 MA support - RSI resting on support - Stochastics in lower regions - Volume below average ZRX has put in consecutive higher lows in place, respecting the...
Evening Traders, Today’s update will be on CGC, clear levels to watch to dictate the trend in coming weeks/months Points to consider, - Trend respecting .618 Fibonacci - Structural resistance to break - MA’s holding as support - RSI respecting support - Stochastics neutral - Volume below average CGC has respected its Fibonacci level, .618, signalling...
Hello Traders! Exciting update today on LINKBTC which is looking quite bullish forming a symmetrical triangle in a blue sky breakout Points to consider, - Trend putting in consecutive higher lows - .236 Fibonacci – Local Resistance - 50 Moving Average, holding support - RSI travelling into wedge - Stochastics in lower regions - Volume declining LINKBTC...
Hello Traders! Today’s update will be on BTC, forming a bullish Cup and handle pattern that will only be confirmed upon a break of structural resistance. Points to consider, - Probable bullish pattern - Clear structural resistance - EMA’s barely holding BTC - RSI putting in lower lows - Stochastics in lower regions - Average volume BTC is currently trading...
Evening Traders! Welcome to today’s update, focusing on XRPUSDT pairings, which is testing a critical support zone with an evident hidden bullish divergence. Points to consider, - Consecutive higher lows in place - Testing structural support (.382 in confluence) - Local resistance to break - EMA’s holding price - RSI diverging - Stochastics in lower regions...
Evening Traders! Today’s update will be on BATBTC, clearly supporting its trend line as projected direction is into structural resistance. Points to consider, - Trend putting in consecutive higher lows - Structural resistance to break - EMA’s providing current support - RSI respecting trend line - Stochastics neutral - Healthy volume BAT has been...
Hello Traders!, Today’s update will be on BQXBTC, a clear equilibrium playing out after an initial bull move topping out, leaving a probable trade setup. Points to consider, - Equilibrium at apex - Price holding .618 Fibonacci (support) - .50 Fibonacci as resistance - EMA’s neutral - RSI in equilibrium - Stochastics projected downwards - Low volume...
Hello Traders, Today’s chart update will on BTC’s immediate projection- we have a probable diamond formation which serves as a bullish continuation pattern. Points to consider - Trend travelling into apex - .382 Fibonacci as local support - RSI respecting trend - Stochastics in lower regions - Volume declining - VPVR area being tested BTC is closing in...
Hello Traders!, Today’s chart update will be on ZECUSDT – requested by a follower! - where a visible rising wedge is forming with a clear bearish divergence. Points to consider, - Trend traveling into apex - Bearish divergence visible - Local support at .382 Fibonacci - RSI putting in consecutive lower highs - Stochastics in upper regions - Volume...
Hello My Followers! Today’s update will focus on BTC’s higher timeframe, trading very close to its apex where key levels diverge - a trade opportunity is coming to fruition! Points to consider, - Strong bull trend on weekly - Key support/ Resistance converging - 21 week MA as key support - Volume currently below average - RSI broke key resistance...
Today’s update will be on BNBBTC which is testing key structural resistance, a retest of the 200 MA is likely if BNB starts a pullback. Points to consider, - Structural resistance in confluence with .236 Fibonacci - 200 daily moving average broken convincingly - RSI trading in upper regions - Stochastics in upper regions - Volume clearly increasing BNB...
Hello Traders! Today’s chart update will be on CURALEAF HOLDINGS which is testing its local support where a bounce is probable. Points to consider, - Clear equilibrium - Local support at .50 Fibonacci - RSI testing support - Stochastics in lower regions - MA’s supporting price CURALEAF is travelling between two clear supports and resistances closing in on...
Hello Traders! Today’s chart update will be on BTCUSD where we have a parabola forming, closing on a key Fibonacci retracement level indicating a probable blow of top. Points to consider, - Trend broke key resistance - .382 Fibonacci - Structural resistance in confluence with .618 Fibonacci - Strong support from 20 week MA - RSI entering...
Hello Traders! Today’s chart update will be on XRPBTC, testing structural support with oversold conditions poising the probability of an oversold bounce. Points to consider, - Trend broke key resistance (S/R Flip) - .50 Fibonacci current support - Local resistance to break - RSI closing in on apex - Stochastics projected up - Volume decreasing XRP broke a...
Hello Traders! Today’s chart update will be on HEXO CORP where we have a probable bullish divergence forming on the daily. Local resistance is a key level to break to show first signs of a possible trend change. Points to consider, - Clear bear trend intact - Bullish divergence forming - Local resistance to break - Stochastics in upper regions - RSI respecting...
Hello Traders, Today’s chart update will be on the immediate trend of BTC where we have bearish divergences forming at key structural resistance in a rising wedge formation, which serves as a bearish pattern. Points to consider, - Immediate trend bullish - Local support at $9470.00 - Structural resistance being tested - Stochastics in upper regions - RSI...