ETHUSD on the 60 minute chart has had high volatility in March along with other cryptocurrencies. the SEC is taking Ethereum to federal court so it can designate it as a "security" and subject to the SEC and all that it does. In early March, ETHUSD trended up getting resistance from the second upper VWAP band in purple and support from the underlying...
We are at a potential great buying area and as you see there is a lot of room to the upside. I will be looking for us to prove and activate one of our stronger buying continuation algorithms (stronger than orange) to then try and break out of our magenta and white controlled selling algos. But forsure the retest and support of green which had initiated our ascent...
We found strong support on our yellow buying continuation and we are now looking to activate a stronger buying continuation such as teal or purple to continue this move upward. We broke out of our stronger controlled selling algorithms (blue and orange) and are now finding resistance at tapered white controlled selling. Once we build a little more liquidity I...
Enter after MS to complete Liq Phase. Stop below the low of Liq Grab. RR: 1 to 1
We may be transferring control from our strong buying magenta to our tapered green continuation - and that means one thing - More liquidity needs to be built. If we do see this rejection off green (proving it's in control) we will look for a controlled selling back to try and get picked up by our magenta stronger buying. See you all live at 9:30 AM! Happy Trading :)
META on the weekly chart is at the ATH which is as a consequence at the third upper VWAP line. The RSI indicator shows the faster line crossing under the slower line. The relative trend index has topped out. Both represent bearish divergence. META makes its money with advertising dollars for revenue. There are increasing challengers to split revenues that...
Hello everyone, I want to clarify that what I'm about to say does not constitute financial advice. My intention is simply to observe and share insights with you. Best of luck!
NVDA showing some strength with higher volume than last 3 days and candle is engulfing the Thursday candle. High probability of it staging an uptrend. DYDD
JETS on the reliable daily chart is in trend up since last fall which followed a trend down during the spring and summer. Travel stocks are booming here and there including TCOM (Trips.com) in China. The airlines have high volumes and are competing on price and perks. So are the cruise lines. This ETF is a way to capture some profit from the trends. If has...
RCL took a bit of time to recover from COVID but has now done well. The dialy chart reflects this. Last year price rose in the winder and spring then fell when the summer ended and reversed upside in November. Ir is now in a rising wedge and price is at the upper trendline. It is confluent with the second upper VWAP band line suggesting not much room upside...
There are multiple ways to count the move up, I have two different possibilities on the chart. Either way, I think at this points it's enough to assume that was an impulse. On the correction side I propose a Zigzag, with the C wave as a contracting diagonale, that is missing the C-wave of the wave 5. The volume profile shows very little volume between 55 and...
BBAI fell on an earnings miss on Thursday, March 7th. The downtrend of 30% was a slow flush. Penny stocks are volatile, to begin with; this one is in the hottest of subsectors. Price is in the hard oversold area just below the first lower VWAP line on this 15-minute chart which is acting as resistance. the RSI lines are in the 30s-40s showing the price...
BINANCE:BADGERUSDT COINBASE:BADGERUSD Hello traders Badger is my first suggestion for the altcoin market. As you can see, a lot of volume has entered this altcoin and it has been stabilized in a certain area for a long time. As long as the price is inside the pitch-fork structure and above the support line, it can continue the upward path up to $18.50.
On the weekly timeframe we have a sideways market. The current buyer vector is 16-17.
On the weekly timeframe we have a sideways market. The current buyer vector is 5-6.
XMR has seen some recent loss in buying power (I have another post on day trade targets if you're interested). For long term potential, XMR has seen a large amount of buying pressure. Also consider that anyone that has bought XMR in the last 4 years or so, outside of a few bearish blips, would be selling at a loss right now. I'll look more. into it but I can...
Hi all, I'm a bit new here and going to try my hand at some general analysis rather than for any specific crypto asset. I appreciate any feedback and thoughts on this. On this chart is alt coin to bitcoin conversion. I've overlaid BTC/USD and ALT/USD as well. In general these tend to follow each other, though the index here (ALT/BTC) tries to aim at finding a...
Crypto has been on a general down-trend the last couple of days. In the last hour or two we've seen a temporary increase in the cryptos I've looked at but I'm not seeing volume to support the uptrend. In particular, I've been following UNFI in particular (main chart) and it looks like there's some buy/sell algorithms oscillating generally between the hour chart...