BTC is currently trading in a bearish channel and could continue down to 38380 and 34140 if it fails to hold at 40890.
The recent bounce at 342 will be tested at around 355 if shares are to continue back up. We also have another critical resistance level around 364 based on the previous price action indicated on the chart. Share prices could head back down to previous support at 346.75 and 338 if it fails to hold above 355
The recent bounce at the 141 support line has reached a critical resistance level of 147 indicates it will need to break and hold to continue up. Support estimates: 144.30, 141.40, 138.50, 135.65 Resistance estimates: 147.00, 150.00, 152.90, 155.80
SPX Potential next move Here I have two price channels and support and resistance estimates based on price action automated in H4 to look at what's happening with SPX and where we could potentially go from here. The recent drop from around 4530 made a comeback just above the 4300 support line, but it looks like it will be tested at around 4452; if it fails, We...
AMC needs to break and hold above $44.00 to move forward Major resistance estimates at 44.00, support at 39.30
Tesla consolidates at 730 and 706 with low volume. Tesla shares pushed through 706 after successfully holding the support line at around 644, as indicated on the daily chart but made little progress to the upside. The share prices have been consolidating at 730 and 706 for more than a week and will probably need to hold the current support line at 706 to...
QUB Technical Analysis; price and volume breakout Share prices have broken through the resistance trend line from a significant drop from $3.25 with a massive volume after weeks of consolidation. We could be looking at some great moves to the upside if it remains above the $3.00 mark. $2.90 is an area I would consider the last line of defence.
LYL Technical Analysis; critical levels to watch The drop from 5.60 and 5.35 has found support at 4.46, forming a price channel in the H4 chart. 4.80 is the estimated level to watch. Price could head back up if it holds above 4.80. A drop below 4.46 could retest 4.12 and 3.78, as indicated in the previous price action.
ZIP has bounced at the $7.00 mark and is likely to continue and test the resistance at around 8.30 if it holds. Major support at 7.00, 5.70, 5.00 Resistance at 8.30, 9.50, 10.70
A2M needs to hold above 5.60 to avoid further decline. Major support around 5.60, 4.50, and 2.60 Resistance at 7.40, 8.55
Major support at 94.38 and resistance at 99.60
Gold Futures approaches critical levels. Gold has reached 61.8 Fib retracement level around 1774 and 1760 and it will be interesting to see if it consolidates or continue down to 1738/1724
AMC Trade setup for 14/6/2021 This trade setup is in the H1 price chart to try and eliminate the noise in the opening of trades. AMC managed to hold both support at 40.92 and 43.70 in Thursday and Friday's session, identical with previous trading activities around the 4th and 5th of June, as indicated on the price chart above. It is a strong indication that...
Apple(AAPL) Are you long or still short? AAPL could be on its way to complete wave five if it holds above 124. It managed to hold above 124 in a few attempts by sellers to drive prices to 120/118 but was unsuccessful, as indicated in the H4 price chart below. The short-term goals to the upside are indicated on the chart; target one at 132, target two at 138 and...
BTC/USD could progress to wave 5 if holds above 34670
AMC: Major resistance at around 50.00, support at 44.20 and 40.00
What's happening with the dollar, and what is the next possible move? The index is now down to 2018 lows at around 89.70 and has bounced off twice in the daily chart at this critical level. This level has significant values in terms of Fibonacci retracements, which are widely used by professional and algo traders. The current price sits at 61.8 Fib retracement...
AMC jumped to major resistance level at 31.40 AMC could continue to its next target at 34.40 if it holds above 31.40. Major support at around 26.50