Reasoning: Doji Overbought RSI MACD looking to reverse
SAND broke out of descending triangle ready for another leg up. MACD looking to cross up again.
There's 3 outcomes I can see happening: 1. Breaks above, and continues 2. Breaks below and is accelerated downwards by the POC @ .268 3. Bear traps down to the POC, high buy volume eats up the shares, price go up. Have a good day folks. Be careful out there. Stefan
Reasoning: Large sell volume Strong Doji star after a big upmove. Peace, Stefan
Reasoning: Ascending Pivot Point MACD looks to want to cross above Double Bottom forming POC (point of control aka price where most volume is at) is at neckline of double bottom meaning they are expecting a move upwards Stop Loss: below pivot level Goodnight folks, Stefan
Expecting SHIB to bounce off if it hold this pivot level. if not, i'll be selling my position at a loss. Stefan
SHIB forming a very cute falling wedge. Could see another push upwards Goodnight folks, Stefan
Doji formed. RSI broke above resistance. MACD crossing over. Falling wedge on larger timeframes. away we go. Happy Trading, Stefan
Bearish Reversal Hammer MACD flattening Previous candle close @ Fib target Goodnight, Stefan
Double bottom Bullish MACD & RSI Volume profile shows the price gonna jump up when it gets there. Happy Trading, Stefan
MACD angled upwards In demand zone rn Happy Trading Stefan
Expecting SHIB to leg up again. Reasons: 1. Huge dump, people buying into the dip and driving the price back up. 2. MACD looks like it's gonna bounce up off the yellow MA 3. Bullish reversal hammer formed. Not sure about PTs just yet. Posting this for awareness. Happy Trading, Stefan
Am I the best? No. Did I predict the almost 13% SHIB dump 2 minutes before it happened? Yes
Reasoning: MACD looks like it's flattening. Higher volume zone rn which could indicate another confirmation of reversal to the downside. Hard double Doji with the current being a bearish one. Be careful and happy trading folks! Stefan
$SHIBUSD played out perfectly. Couldn't have asked for better. To those who got in, enjoy the profits loves! Stefan
Reasoning: Pinching RSI & MACD with strong support on both of them. High volume point rn (POC for the timeframe) - POC means Point Of Control for those who aren't familiar yet. Strong support on the actual price chart. Be careful out there, happy trading, and have a great weekend everyone! (P.S. Don't be afraid to sell half position at first PT.) Stefan
Netflix seems to be following my previous prediction after bear trapping a lot of people out of their positions. With a break above the supply zone and double confirmation from RSI and MACD, we can expect to continue seeing growth from Netflix tomorrow and next week. Happy Trading Everyone! Stefan
$NFLX has held that ascending support since September 20, 2021. That's a perfect month. Now since it held that so well and the supply zone forming at the top currently seems to be pinching the price into an ascending triangle (3hr chart), I think the odds are in our favor here from a price POV that $NFLX is a great buy rn. RSI also seems to be in the fair zone...