NYSE:LAC LAC with a daily breakout here adam and eve double bottom along with a "dragon" pattern seen here as well there is some resistance above here in between 23-25 if we do break the 25ish resistance id be looking for this thing to hit 30 thanks everyone let me know what everyone thinks of the current market conditions. exciting if you ask me.
BINANCE:BTCUSDT whats up everyone? just wanted to post an update on everyones favorite crypto asset, Bitcoin this is how im currently looking at the chart on the 4H starting to form a symmetrical triangle which as we know can break to either side giving the market sentiment I would say slightly more likely to break towards the downside how does everyone...
NASDAQ:AMD AMD is looking at some substantial downside here. no support plus some gap fills its held this line once before but is it strong enough to do it again in this type of market condition ?
TVC:DXY possible cup and handle here on DXY on the 4 hour timescale DXY has already had a mighty run to the top of a long term range. will we see even higher highs here ? or is the dollar due for a correction to the downside? let me know what you guys think and as always, happy trading
NASDAQ:AMZN Amazon is sitting right near support/resistance level that goes way back. since the split that level is now right around 101 as you can see we have just recently bounced off this level and came back down and tested it again taking longs in this market is risky period but i believe you can set your stop tight enough if think we could see a bullish...
BINANCE:BTCUSDT just a short term idea here on BTC if we can bounce off the prior all time high level i could see at least one other swing up on the four hour chart we have sprung and are now back testing that spring for confirmation of a support if this terms out to be the case we could be in for a short term reversal. potentially whats everyones thought...
NYSE:NIO Nio has been in the new recently so i decided to take a look at the chart.. and heres what we can tell beaten down Chinese stock that has already started to bottom out...double..bottom..out lol not only it is a double bottom but its a near perfect representation of an adam and eve double bottom. POTENTIALLY which would make setting PTs for this...
NASDAQ:AAPL AAPl is looking at a steep decline after crossing below the 136 support a lot of tickers, including the SPY have left some upward gap fills since the sell off has intensified however taking a look at Apple we see a gap around the 100 level that could eventually want to be filled now this could take quite sometime to get near this level, however...
we are currently witnessing history on the weekly BTC chart. the lowest weekly RSI ever to be seen. this has been a mighty fall from grace moment of silence for all the moon boys and girls out there today may they rise another day to defend their honor. lol jokes aside, i love seeing this kind data on charts. good or bad as a chartist and frequent analysist...
COINBASE:ETHUSD ETH HAS JUST BROKEN BELOW THE 2018 TOP! ETH broke down below 1200 and below the previous all tie high. huge sell off going on across the entire market right now please be careful trying to time the bottom of moves like this. we have not seen price action like this on ETH...ever. just momentum of this move down was strong enough to break thru...
BINANCE:BTCUSDT HUGE DUMP ALERT!! Where is the bottom?!? lets take a look at the chart bitcoin in the recent days has cut thru all previous supports and just like when we ran straight from 20k to 30k we are dumping straight from 30k to 20k cant say where the exact bottom is in this kind of market. everyone please be careful trying to time this market and...
NYSE:BABA Here we see BABA with a breakout of the weekly supply line that has been holding this stock down for so long could this signal a reversal for china stocks? either way this ticker has been at a low risk area for a while now and it looks like it is gaining some momentum despite the current market conditions. let me k now what you guys think in the...
BINANCE:SOLUSD like most of the crypto market, SOL has taken a beating we are starting to see some positive sentiment across the markets which is causing a nice pop in the crypto space we see there could be some big time upside on SOL as this was one of the top performers and had one of the highest market caps in the space could we see SOL return to its...
BINANCE:BTCUSDT Bitcoin has been stuck in this consolidation patter around 29K for two weeks now this is history on Bitcoins price chart because this has never happened before every other time in history when BTC has hit these levels its had an immediate reaction not this time however. this time we are not seeing the reaction we have seen previously we are...
AMEX:SPY SP:SPX hello everyone! don't be surprised to see a short term relief rally here soon. we see the SPX is respecting the fib levels on the downside and we are seeing a little pop in the price action would be nice to see a rally back up to the .236 only to confirm the lower high and dump back down the selling pressure has been heavy for quite sometime...
BINANCE:BTCUSDT COINBASE:BTCUSD is this a 4 hour bear pole bear flag? lets hope this small consolidation structure that we see forming here breaks towards the upside sentiment the past couple days has been better than the previous couple weeks we see that with the equity markets as well as the crypto markets stabilizing the past few days will it mean a...
SPY have a potential descending broadening wedge on the SPY here on the 15min just a pattern to keep our eyes on in the next 48 hours to see what type of price action we get in the market we could break up or come back down to test the support line which would take us to even lower lows then before what does everyone think ? are we bullish or bearish this week?
BINANCE:BTCUSDT AMEX:SPY just for fun lets watch and see how correlated these markets truly are the on 15min timescale price of crypto is currently heavily depended on the the price of the major indexes what do you guys think ??