Rotuma

Rotuma

Doge exploded and made a significant move, but the dash to the upside was short-lived and pulled back. Doge trades at about 50% retracement level from its highs and above the blue line and can bounce back if it breaks and holds above 0.29648. A drop below 0.272705 could result in a sell-off to 0.256122 and 0.234736

Rotuma

SHIB touched down twice at 0.00005664 estimates, bounced back as per my previous post, and formed a bullish price channel. The previous resistance estimates at 0.00006825 is now a support level that could be tested again if it fails to break at 0.00007730. The current trend is bullish, as we have seen the recent drop survive the sell-off to 0.00005664, and as...

Rotuma

SHIB will need to hold above 0.00006825 to head back up. The next line of defence is at around 0.00005664. Another critical level is at around 0.00004686

Rotuma

SHIB has taken off after a period of consolidation at 0.00002972 and 0.00002775 estimates per the previous analysis. SHIB has also taken out three major levels at 0.00003195, 0.00003639, and 0.00003816 and extended wave five to the upside. SHIB could continue to the next major estimate at 0.00004336 if it remains above 0.00003816

Rotuma

I indicated two critical points in my previous analysis, 355 resistance and 340 support. FB failed to break 354 resistance and has fallen below 340 support. The current trading zone at 326 and 312 might provide some direction in next week's session. 326 is likely the breakout point to the upside and critical support estimates at 312.

Rotuma

ES has dropped below the 50 MA in red, which may not be a big deal as for now, it's been on a clear path since breaking out at 4354; however, ES is approaching new highs and could either proceed to the next stage or pullback. The 200 MA in blue is a good support/resistance point to watch.

Rotuma

NQ completes wave five around 15490, and now we have two critical points to watch. 15275 is the current major support estimate, failed to hold here, and we might see a drop to around 14985. 15490 is an active resistance point that needs to be cleared to continue to the upside.

Rotuma

Is the share price ready to pop? AAPL runs into major resistance at 144.70 for the second time in four days. It will need to clear the resistance line at 144.70, a critical level pointed out by the indicator where the price was active in the past.

Rotuma

Amazon has bounced back with a triple bottom but is possibly still not out of the woods yet. The recent bounce has turned around at the same spot as the last drop, but the share price has a history of falling on the earnings announcement day, as shown on the chart, and as approaches earnings, it is crucial to keep an eye at resistance points below. Key resistance...

Rotuma

SIB/USD failed to continue above the previous resistance estimates at 0.00003195 and dropped into negative territory, but it is currently attempting to hold above 0.00002464. This could be an opportunity to buy low and sell high.

Rotuma

If you missed the original run from 1.20 and the break out at 1.33, then there might be an opportunity to get in if the price pulls back to current support estimates at 1.38, 1.33, and 1.27. The current trend looks very strong to the upside; however, we all know there is always a pullback in an uptrend, which could be an opportunity to get in.

Rotuma

Dogecoin's volatile trading week is trending downwards but currently holds above the 200 MA line in blue, which acts as excellent support. The previous attempts to break to the upside at 0.25136 failed but bounced back at the 200 MA line and might repeat. The key estimated levels are around 0.25136, a potential breakout point to the upside and 0.24121, a major...

Rotuma

Price continues to fall after hitting key estimated areas, as indicated on the chart; however, we could be looking at an Elliotwave price structure to the upside in the making. The current top resistance area is at 0.03195, followed by 0.02972, 0.02775 and now just trading below 0.02661, down by around 4%. Shiba could continue down to 0.2464 at the bottom of...

Rotuma

We have 39.30 and 34.40 at the lower trading zone and 44.20 and 39.30 at the next zone up. AMC gapped down from 44.20, fell to around 34.40 and currently has 39.30 as a major resistance point. AMC is now trading in 39.30 and 34.40 trading zone. It will need to hold above 39.30 to continue back up and fill the price gap at 44.20

Rotuma

U.S.Dollar Index Futures is on its final stage to complete wave five in a sequence of wave patterns to the upside; this means a pullback could be due. The nearest major resistance estimates are 94.30 and 94.80; the dollar could gradually pull back if it fails to hold above the two critical levels. Major support/resistance estimates are automated and marked on the...

Rotuma

Dow Jones Industrial creates a double bottom and forms a long-term price channel in H4. The Index also completed a five-wave pullback sequence to the downside and could head back up if it holds above 33920

Rotuma

Dow Futures have completed wave five to the downside; what is the next move from here? Dow Futures have bounced back at 33370 and completed wave five pullback sequences, indicating a potential change in direction could be on the horizon. However, the Index is still trading in a bearish channel and needs to break out of the downtrend to establish the next leg...

Rotuma Updated 

Nasdaq approaches the 200 MA line in a bearish channel. The Index is down to the 200 MA line and might attempt to hold at 14450. If it fails, we could be looking at 14168 and 13884 for the next major support estimates.