We hit a major trendline resistance on QQQ today March 08th
If we break below 433, the next major support is around 421. A break of 417-421 can see us trade lower towards 395
- Price is likely start retracement or consolidation soon,
- The consolidation will happen within the SWB:69K and $60k zone.
- Price is also forming an ascending Triangle
As I mentioned in my 1 Day timeframe analysis, If price surpasses the previous ATH, it may find resistance between $80k and $90k.
Supports and resistances are as shown. Blue line is the median line. Red line is the sell line. Any flirtation with the red line would be a sign of short.
Right now it seems like price is breaking the rising channel. It could be possible to see some parabolic jumps. BUT price is also in overbought zone. So, some corrections are also possible.
NYSE:SHOP
-Positive trend and following trendlines
-Exceptions on Octobers (different low trendline)
-Just did a correction and filled a vector
-Already hit the 50EMA in the daily timeframe, and very close to hitting the 800EMA in the hourly timeframe
-A huge gap ~85.5 to be filled, and possible higher targets
-Stop loss slightly lower than ~70 (as it means it...
🔍Aave's price action in the weekly timeframe indicates the possibility of breaking out of its 658-day consolidation phase, potentially initiating an upward trend.
✅After breaking its trend line, the price has surged by 100%. Although it faced rejection from the 110-120 supply zone initially, a second attempt with significant volume and bullish candlestick...
I am currently long other electric car manufacturers (TSLA and RIVN), but not NIO.
I am waiting to see if it can break above AND HOLD above this bearish trendline dating back 6 months.
Although bitcoin does have an official new ATH, the work isn’t done yet. It was just a tiny wick, with no action or daily close above. Instead we got a huge dump from a flash crash in the major exchanges. Ugh.
After a billion dollar flush of open interest, stops, and orders, and after a day of recovery and simmering, the resistance is still palpable as can be...
Entry Point: $10.40
Stop Loss: $9.87
Target 1: $14
Analysis
FILCOIN has been in a downtrend since its all-time high of $237.73 in March 2021.
However, the recent price action suggests that a reversal may be in the cards.
The price has been consolidating above the $10 support level for the past few weeks.
Volume is increasing, which is a sign of buying pressure.
I...
CVNA is coiling beautifully after the power earnings gap. 7 straight days of consolidation. This looks ready to break out if QQQ heads to new highs. Targets $85 then $90
BINANCE:BALUSDT The recent breach of a major trendline on the weekly chart for BAL/USDT signals an enticing long trading opportunity. With the price now situated above this level, prospects are bright for a potential target range of USD $60 to $70.
#BAL/USDT SPOT LONG ENTRY
Leverage: 3x
Entries: $5.855
Take profit 1: $7.351
Take profit 2: $17.000
Take profit...
Boeing is find strong at support $200 as we approach the bottom of an ascending channel we’re in…..also forming a falling wedge over the daily chart…..we could see a breakout and an increase in volume soon as the bulls should be stepping in……let’s see how this one plays out!
As We Talked in The Previous Analysis:
The EURUSD Reached a Strong Resistance Level.
Currently, This Key Level is Broken!
and Becomes a New Support Level.
So, I Predict a Bullish Move📈
-----------
TARGET: 1.09720🎯
This analysis examines the recent breakout of Shiba Inu (SHIB) and assesses its potential for further upward movement.
Previous Analysis Validation:🫶🏻💪🏻
The previous analysis successfully predicted the price reaching the anticipated weekly resistance level.
Breakout Confirmation:📊📈
The recent breakout above the weekly resistance level confirms the bullish trend...
We prepared for this exact trade and outcome in our "special edition for haters" video 2 days ago. This truly was a special edition for haters!!
Please do not discount the power of these algorithms. It works for me and it could work for you. Trying my best to share this knowledge so that you can catch these trades too!
Have a great day in the market...
This range is very sensitive. Derived from two different strategies that both met.. Range 2167.26 to 2169.56. The scope of closing purchase transactions and profit saving. and opening sales transactions. The amount of stop loss is short. If you are conservative, you can consider longer. This is only analysis. It should not be the basis of buying or selling. You...
Always tell a HTF story of the charts before getting bogged down in LTF chaos. These HTF algorithms control price.
Clear what we need to look out for on this TSLA chart - Yellow strong algorithm needs to activate to take us out of magenta and teal strong selling.
Fortunately for me, you can't laugh at this. These are the same algorithms proving themselves over...
