On the daily LMT, over the long term is shown to have descended into the support of the ascending support trendline in what appears to be an ascending wedge. Confluent with the support trendline is the mean VWAP and the mean band of the Bollinger Bands. I see an opening for a long trade targeting the resistance trendline and also the second standard...
Stock has been on a steady rise since oct 22. Out of the 7 earnings it only missed one. This leads me to believe were looking at a run up before their earnings call on July 23rd ( Right before market open ) & If it falls it continuosly bounces off the 100 EMA. It already showed it has potential to touch 60 on jun 23rd.. Retest prior to earnings? To be continued..
Good Afternoon traders. As many of you already know, Bitcoin has been rising rapidly throughout Q2 2023. The point of this post is to entice those who don't to look at the bigger picture. Perspective is everything, and whether you're trading crypto spot or futures, stock or derivatives, be sure to identify key support and resistance trading channels to look for...
Shwatup doe! Hope you are healthy wealthy and blessed <3 It is a wild and beautiful day in the world of crypto, I hope all of you are experiencing it in joy! Now here we are looking at ALGO on the daily time frame, zoomed way out so BIG PICTURE ya; and what do we see?! ⭐️ I have been simply drawing trend lines on this chart throughout the past month or so...
• 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...
• 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,...
will btc bounce off the purple again before breaking the trend line?
lines from ARB short history on kucoin, eyes on forsure
possible trends for btc on its way to the next halving
possible trends for btc on its way to the next halving
Hello & welcome to this analysis S&P on the eve of FOMC meet is at the slanting trendline with a diagonal ripe for a pullback/reversal 4017 needs to be breached on the upside 3950 if broken then more downside coming
The candlestick indicate a divergence signal where the price closed above the MA line without significant result in volume. RSI is gaining positive momentum due to fresh buying interest from the trader on the stock. But not contribute much on the volume. MACD indicates a divergence signal and coherence with the candlestick price where the price closed above the...
• TSLA lost its key support at $187, and it triggered a H&S chart pattern in the daily chart; • In the 1h chart, it failed in breaking its resistances, and the bias is clearly bearish, as it is doing nothing but lower highs/lows; • Even if TSLA does a bullish reaction, it would have to face multiple resistances, making a bullish thesis more unlikely; • First, in...
The candlestick pattern indicates the price has rebound from the price support range. Where the price gains momentum towards the R1. Although there was a significant price movement the result in volume is lower than the average volume. Hence, indicate an accumulated phase pattern but suggests that the long-term uptrend remains intact. The MACD is in a divergence...
The candlestick indicates a divergence signal due to buying interest from the traders. Hence, making a significant price movement in the stock price and closing above the MA line. The MACD and RSI indicators indicate a divergence signal, thus, conforming to the candlestick trendline. Precaution for a price correction between 5% to 10% from the recent high peak...
Do i need to explain lol i like color coding my timeframes, lines and other markings that correspond to a TF so everything in color... Black - Monthly Green - Weekly Blue - Daily Other TFs Violet - H4 Teal - H1 Orange - M15
hoping for my last trendline to be the local bottom. "febreary" shall become bulls parade!
CADJPY - Trade idea Pattern: A break to either direction. Highs: 98.170 Lows: 97.440 If we go below the lows, expect 97 areas to be your target adding confluence with trendline support If we go above the highs, expect a retest of the highs of 98 half areas. Have a great day ahead, Trade Journal