CHZ, 4H: Retesting the downsloping trend line at $0.51. Asset looking to form neckline of inverse Head and Shoulders with favorable divergence. Stop loss just below the 0.236 Fib level, and even though the targets are far away, Chiliz could see them all with time. Perhaps more of a position trade, but seems like we are done with the 50 cent region.
Nano, 4h: Finding support at PCZ of a tiny, bullish Bat with continuation divergence + MACD potential seller exhaustion. First harmonic is negligible. All Fib targets overhead have historical precedence, easy R:R.
HMBL, 1D: This Gartley has exceeded the 0.786 retrace to a full 0.886. Observed reversal divergence is Class A bullish following a double bottom at the PCZ here near 1.40. Overhead Fib targets have historical precedence, very easy risk mgmt just below $1.
Verano Holdings, 2H: Implied reversal with the class A bullish divergence at the pattern completion zone of a Bartley (butterfly+Gartley) harmonic which retraced to the 0.886 Fibonacci. Easy stop-loss at local low manages risk since this is a recent IPO. Great fundamentals such as dispensary openings in IL + the potential supportive legislation in NY state provide...
LRC, 4h: The power in the trade idea here is the 4h timeframe working from inside out, to signal longer term bullish continuation. MACD Hidden bullish divergence issues the continuation signal. Entry accumulation here between the 0.382 and 0.50 Fib. Moving averages have gold crossed this week: the 14 SMA (purple) over the 56 SMA (green) at 4:1 ratio. LRC will use...
VET, 12h: MACD implies continuation divergence as hidden + bullish, lovely pinbar candle + bullish engulfing after bouncing off the 0.50 retracement of the XA points of the bearish Gartley. Loose stop allow for overhead targets at traditional Fibs from recent swing. Enjoy!
PLM, Daily, potential reversal: Bullish shark + Class A bullish divergence & double daily engulfing candlesticks. Stochs are crossing upward in the bullish control zone, too: big. Easy R:R management as this is a potential cycle bottom for metals and mining explorers.
ET, monthly, energy value play: The current monthly bullish engulfing candle patter within the right ellipses appears to repeat an identical, bottom reversal candlestick pattern from 2009 (yellow+orange). Strengthened by the local Adam Eve double bottom , bullish divergence makes case for Fibs targets & the measured move validates 1.272 overhead extension. Get...
ONE, Harmony, 4h: out of the sands of this bullish deep crab emerges a triple bottom with bullish convergence. Brick wall at 13.5 cents with MACD flippin green and RSI keeping bullish control zone. The overhead Fibs can be extended to 2, 2.618, 3, 3.618 & 7. This is trading 101. Enjoy! leave a comment if you feel so inclined.
SNX, 4h, incredible signals coming from the double bullish engulfing candles on a rounding bottom formation with potential divergences playing out within a potential inv H&S. This piggybacks on a bearish BAT that would aim to resolve first at the neckline and later at overhead Fib Targets. Enjoy!
UNISWAP, 8h, incredible potential 3 rising valleys continuation pattern. If we break the yellow line and re-test it, that is your confirmation for potential entry. Bullish convergence present on the MACD, RSI and Stoch. Last setup was stopped out, time will tell.
This KGC chart seems poised for upside due to many technical reasons. It's just plain beautiful. Harmonic, divergence, moving average support on the weekly. First positive momentum in a long time showing this week.
IOTA, 3D, significant break and backtest of 1.41 completed. All momo oscs keeping bullish posture, MACD renewed green on current candle. Entry at or below 1.50 maintains 3:1 R:R on first target - slow and low, time will tell.
HBAR, 4h, the bullish BAT retraced to 0.86 level with a double bottom. Observable class A bullish divergence on both MACD & RSI make the case for reversal to at least 3 overhead targets: 1) at the harmonic C anchor, and 2 & 3) at Fib extensions for 1.272 and 1.618.
DNN, 4h, This right-angled consolidation contains some scrubby harmonics excluded, so the headline here is the formation of higher lows on all 3 momentum oscs - MACD, RSI & Stoch - while the asset has held $1 essentially during. Continuation inferred by the Class B bullish divergence across the trio coupled with seller exhaustion makes a break of the 1.32 region...
UNI, daily, Triple hidden Class A hidden bullish divergence on MACD & RSI. MACD looking to flip green, hasn't yet. March 15th close functions as stop-loss. Targets are overhead Fib levels from recent swing high to low. Let's freekin go!
BGS, daily, continuation play from 4 technical observations: Triple class A MACD HBD, Triple class B RSI HBD, completed retest of 2020 double top & second MA golden cross this year. The .50 & .618 seem plausible, at least.