Evening Traders, Today’s technical analysis – S&P 500 lndex – breaking out if its rising wedge structure, respecting strong upper resistance, it is likely to establish a macro lower high. Points to consider, - Bearish trend structure - .618 Fibonacci Resistance - Local Support retest - RSI testing 50 - Stochastics bearish divergence SPX Index is in bear...
Evening Traders, Today’s Technical Analysis – NFLX – confirming an S/R flip, on the verge of a blue sky breakout if local high gets taken out. Points to consider - Trend broke key resistance (S/R Flip) - 1.414 Fibonacci Extension Respected - RSI above 50 - Stochastics projected down - Volume climax evident NFLX’s trend has breached a key level confirming...
$6708. Soon. Using the VPVR indicator we get to see where people like to spend the moneys. I don't know what VPVR stands for, I prefer to call it the "Sauce", and I know it's where most people get in on it, high volume of traders in this price zone over the projected time period. I'm using General Zhao's Binance Volume cuz it's the biggest kitchen... i mean,...
Evening Trader’s What a historic day in Bitcoins price – assessing the situation, Bitcoin is trading in a probable broadening wedge pattern on the weekly timeframe. Points to consider, - Immediate trend parabolic - Resistance line tested - Moving Average support - RSI crossed 50 - Stochastics projected up - Volume tapering of BTC has had an insane pump...
Hello, well i have posted back to back TA on current market movemt on bullish, but now I'll head into Neutral zone with a trading range projected between 8196-8564. This would give the trader a hugh volitily range before the halving, which is subject to happen in just over 12days. What to expect? Well a pull back after todays move is required and could test...
Evening Traders, Today’s Technical Analysis – CGC - impulse move into resistance where CGC is likely to range trade. Points to consider, - Macro trend bearish - Resistance confluence - S/R Flip retest - RSI above 50 - Volume climax CGC’s macro trend has been putting in consecutive lower highs with a recent sell of ending with an oversold...
Now I posted a massive move coming in the next 24hrs, did we hit it? Short answer I don't believe we seen the massive move in price, but we have seen something very bullish. At the time of wrting this bitcoin is trying to hold support above 7688 give or take. My support lines are not accurate, but they are close enough where the now the vpvr is showing as a major...
Bitcoin is near the top of the range, just above price is a high volume node which is strong resistance. If bitcoin succeeds to hold the HVN 7100 level which is also demand it can test the 7500 level again ,if it breaks that we are looking towards a breakout to the 8000 area. When Bitcoin fails to hold the 7100-7050 level it will likely move back down to 6900.
Evening Traders, Today’s Technical Analysis – USDCHF- a clear symmetrical triangle at pay, price is approaching its apex before an imminent break. Points to consider, - Trend Bullish (Consecutive higher lows) - Support and Resistances converging - RSI neutral (Above 50) - Stochastics in upper regions - Volume declining The immediate trend is bullish with...
Evening Traders, Today’s Analysis – ETHBTC – forming a potential bull flag above a key level, volume influx is needed for confirmation, Points to consider, - Trend bullish - Confirmation of S/R Flip - Bull Flag confluence ( .382 Fibonacci) - RSI neutral - Stochastics above 50 - Volume declining ETHBTC's trend has been bullish, breaching a very key...
Evening Traders, Today’s Technical analysis will focus on EURUSD pairings, a clear monthly resistance pushing price down while support holding true – price is nearing its APEX. Points to consider, - Trend bearish (consecutive lower highs) - Multi-Month Resistance line respected - Structural support tested - RSI neutral - Stochastics in the lower...
NCLH has been an amazing swing trading stock buying a sub $10 and selling at 30% gains when selling between mid $11 to high $12. Overall there’s a lot of sell pressure happening. As seen in the graph the purple box is a trading range back from it hitting its massive sell hitting 7.13 on match 18. I see this time dumping more till $6-$7 range than a good buy to...
Welcome back traders! We are going to look at BTCUSD today on the monthly, weekly, daily, 12h, and 4h. We will look at Simple Moving Averages(SMA's,) Exponential Moving Averages(EMA's,) Oscillators, Visible Range Volume Profile(VPVR,) and more! MONTHLY The giant pattern on the monthly points to $6,450. We want to see BTC stay above the 21 EMA, currently at...
Evening Traders, Today’s Technical Analysis will focus on EOSUSDT, a confirmed S/R flip, price is holding a key level as it respects an overlying Fibonacci Extension, 1.272. Points to consider, - Key resistance breached - S/R flip confirmed - 21 MA Support - RSI broadening wedge - Stochastics in upper regions - Low volume EOSUSDT has breached a key...
Evening Traders, Today’s technical analysis will be on BCHBTC, trading very close to its apex with a breakout being imminent. Points to consider, - Local Trend bearish - Price trading near apex - RSI testing support - Stochastics projected down - Volume extremely low - Local support - .50 Fibonacci BCHBTC’s local trend has been bearish, consecutive lower...
Evening Traders! Today’s Technical Analysis will be on a currency pair - GBPUSD, with a strong oversold bounce, now left trading within a small range. Points to consider, - Macro trend bearish - Structural resistance confluence - Support confluence - RSI testing resistance - Stochastics in lower regions - Volume influx evident GBPUSD has been...
Evening Traders! Today’s analysis will focus on EOSUSD which has been in a defined downtrend, currently testing a key resistance area that has multiple confluences. Points to consider, - Bear Trend – Consecutive lower highs - Resistance confluences (21 EMA, local resistance. .236 Fibonacci) - Define down sloping trend line - RSI testing resistance...
Evening Traders, Today’s analysis will be on BCHUSD, testing a key resistance (21 DEMA) in a defined down trend. This current trade location is in confluence with the POC, a breakdown will just be another lower high. Points to consider, - Trend bearish – Consecutive lower highs - 21 DEMA, current resistance - Local support at yearly lows - RSI approaching...