• NVDA finally hit its long-term target this week, the 289 resistance, which I mentioned in my previous public analysis (the link to it is below this post, as usual); • It has been correcting since then, as it did a top signal just under our 289 resistance (Bearish Harami). However, the trend is still bullish, as NVDA is still doing higher highs/lows and it is...
• TSLA has finally made a bottom signal above the support line at 154.76, indicating that it should jump to higher levels; • The problem is the key point around 164, a previous support level that is acting as a resistance now. This is the same key point we mentioned in our previous TSLA analysis – the link is below this post, as usual; • Also, despite the bearish...
• The SPX is doing a bullish reaction today, which could become a bottom signal and a possible bullish reversal – but it is too soon for this; • Since the SPX lost the 4,078 support line, it was supposed to hit the next support line around 4,039. However, it is did bullish reaction in a “no man’s land”, and now it is trading above the 4,078 again; • I say it is a...
• Yesterday, NVDA did what seems to be an Exhaustion Bar, a massive bearish candlestick around a support level, far from its resistance, after the pullback was already materialized; • Today, we see a bullish reaction, and NVDA is bouncing away from its support at 263, and it is breaking the 21 ema as well, trying to reject a very bearish scenario. • The 263 is a...
• SPX lost a support line at 4,113, and it seems it wants to engage a bearish momentum; • The bias was already slightly bearish, as the index has been doing lower highs (purple line). But now, it is losing a key support line, indicating that it wants to seek lower levels, at least in the short-term. • In the daily chart, the index is about to hit its 21 ema,...
• Despite the bullish reaction this morning, TSLA is still in a bear trend, and it already lost the previous support line at 163.91, which I mentioned in my previous public analysis (link below this post); • Now, the 163.91 is a short-term resistance line, which reinforces the bearish sentiment. TSLA won’t bounce to higher levels, like 176, while it is below this...
• NVDA is doing a pullback to its 21 ema, which is a normal movement. The problem is that this correction is occurring after it found a strong resistance at 280; • This could be the beginning of a Double Top chart pattern. In order to trigger this pattern, NVDA would have to lose the 263 support line, which is the previous bottom area; • In this scenario, NVDA...
• The SPX is correcting today, and it is trading around an important support level at 4,133 (top from Apr 04); • If the index loses this key point, the next technical support is the 21 ema in the daily chart; • The 21 ema is quite close to the 4,078, another key point that acted as a top (Mar 06) and as a support level multiple times (Apr 05, 06 and 10). Meaning,...
• TSLA stock is trying to do a bullish reaction, after yesterday’s crash, but it is still under important resistance levels; • As long as TSLA remains under the 21 ema + 186 (red line), no bullish scenario will materialize; • Only if TSLA breaks these resistance levels we might see something new, otherwise, the bearish sentiment will persist and in this scenario,...
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Ethereum Technical Analysis points to a Bullish Momentum most likely to contining for a 2k price range TA? Despite BTC having a stronger bull move last week, we shouldn't be deceived by the sluggish move of ETH buyers to break above 2k. Looking at the daily chart, ETH hasn't been able to break above the 1800 resistance level, with buyers struggling around the 1840...
Hello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price is moving within the triangle marked with yellow lines and is about to leave it. Let's start with the support line and as you can see the first support in the near future is HKEX:27784 , if the support is broken then the next support is $27400 and $26902. Now...
Welcome back! Let me know your thoughts in the comments! ** ERUCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
• NVDA is clearly bullish, as it is doing higher highs/lows, trading above the 21 ema, and the ema is pointing upwards; • However, it appears it is doing a top sign today, which is acceptable (last month it did many top signals); • The previous top level at $275.89 is supposed to work as a support, and if NVDA closes under this key point today, it might start...
• TSLA did a false breakout from the $200, and this key point is working as a resistance again today. The $200 is our most important key point, as I already mentioned in my previous analysis (link below this post, as usual); • Today’s movement is rejecting Friday’s candlestick, which was a powerful candle that broke the $200 resistance. This gives the impression...
• The SPX triggered the pivot point at 4k, which we mentioned in our last analysis, and the trend is now bullish (the link to my previous analysis is below this post); • Now, the support levels are: 21 ema; 4k; and the lower purple trend line. The SPX would have to lose all these support levels, doing a downwards breakout from its Ascending Channel, in order to...
• NVDA is about to retest the previous top at $275.89, after a quick correction to the $258.50; • NVDA is in a very strong bull trend, and the last correction couldn’t even hit the 21 ema in the daily chart; • By breaking the resistance at $275.89, NVDA would trigger another bullish pivot point, reinforcing the bullish bias. Its next target is the $289.46, which...
• The SPX is trading inside an Ascending Channel in the 1h chart. Today it is losing momentum, indicating that it could seek the bottom of this channel; • Yesterday, the index failed in breaking the 4k, which is its most important key point. By breaking the 4k, we would see a bullish pivot point in the 1h chart, indicating that we could seek the higher line of...