ECOMI RSI is oversold, volume on mac d is down. bouncing from trend, a good time to buy? I'm relatively new to technical analysis so please comment below :) What else should I consider to analyze this chart? Any input will always be appreciated. Good Day
• It looks like hopeful views will return to the market by the end of this week. • Also, taking into account the data announced this week, if the Nasdaq index can not be stabilized above the 16370 region. It is likely to decline to targets of 16,000, 15,700 and even 15,350 in the medium term. • With the support of buyers and volumetric support of the Nasdaq index,...
Traders, You should definitely be long on SHIBABTC right now. We are currently going through TEXTBOOK Wyckoff accumulation. I do expect a slight retracement going back to breakout trendline and top of Wyckoff trading range, apx 0.00004400 range. If you want to learn more about this method of charting, visit: school.stockcharts.com so you can read up on...
VETUSDT Drop-Base-Rally zone based on retracement Fibonacci. Risk management is the key factor
Price get resisted at 0.68 area. Good opportunity to short it. SL - above 0.683 TP 1 - 0.67 TP 2 - 0.65
Contract - CME_MINI:NQZ2021 - PR High: 16441.00 - PR Low: 16411.50 Evening Stats (As of 11:41PM) - Gap: = N/A - Session Open ATR: 240.29 - Volume: 31k - Open Int: 248k - Trend Grade: Long - From ATH: -2.5% (Rounded) Key Levels (Rounded - Think of these as a range) - Long: 16677 - Mid: 16391 - Short: 16105 Keep in mind this is not speculation or a...
That would be a dope catch right there. You can see the high stopping volume as price was making its approach towards that previous demand zone. Going to have to keep a close watch on that support area just below the current trading range. If the demand keeps spiking like that, I would not want to be short. Yea keep a tight eye on these key support areas. I...
Think of waves.. there is the highest point- crest and the lowest point - Trough Think about it logically when applying it to volume. The trough is your lowest volume area. It is a LOW PRESSURE area. The market is ALWAYS testing levels for pressure... it's just how it works and its logical. Understanding this is a massive edge/advantage and its plain to see. I do...
Told a lot of you to pay attention to this little monster... Even if utterly useless, where there is a market, there is money to be made... Yes, it's not too late. Do yourself a favor and throw in on this one.
Closer look at the action: Clear distribution on a smaller scale. We should be dropping right back into the white trading range again before the big break through to around 61k - 63k. It will be dumping hard afterwards. This should be the last major jump up before the fall to 45k.
The price is within a descending channel and we are close to an important level and if we get a bounce from this level or break out of this channel we could expect a big pump...
We are waiting for the arrival of money and good upward movement
Volume reversal on the downtrend has been seen, trend breaking volume followed by a strong push back up is now the catalyst for this thing to go much much higher. As shown in my previous idea, I don't care that Baby Doge is utterly useless and a meme stock. If you can make money off of it, then I don't care.
I'll say it straight up guys, I was somewhat wrong on my previous AMC analysis. I will say that the drop to $20, is STILL in the works. However, at this point and time, for now a Wyckoff Accumulation pattern seems to be in action. Don't get me wrong, you STILL do not want to trade AMC because a safe trade on AMC does NOT exist until we are completely done with...
Another meme stock, another dollar (to lose, in this case)... This is another one where volume has broken out and above the previous consolidation zone in white with volume, HOWEVER, it did so on LOWER volume than the previous high. Which means that volume has diverged. Now, this is NOT a complete deathblow to AMC as of yet, because several different things have...