Something interesting to point out relating to NFT's. Whenever ETH is below or testing its bull market support bands the NFT bull market follows. As of today we are below those bands and have seen an inflow of investors in the NFT market. An NFT bull run this Quarter of 2022 is possible.
BTC is currently testing its Bull Market Support band. Unfortunately, it has not made it above it. For BTC to test $69k again we would have to get above $53k and test it as support. However, as of now, we are at $49.6k if we break below $49.6k then we visit $46.5k. $53k-$51k is key for BTC to see new all-time highs.
Since the beginning of the COVID 19, pandemic SPY has not gone below the bull market support band which consists of the 20 w SMA and the 21 w EMA. Use this to your advantage as whenever SPY drops to the bull market support band we tend to test it and reverse upwards. As of today SPY has tested the bull market support band and has made new all-time highs. It's no...
S&P 500 (SPY). Omicron Variant news tanked our market this past Friday. Since this pandemic started SPY has not gone below the Bull Market Support Band which consists of 20 and 21 weeks SMA. Currently, the weekly Bull Market Support band prices are at $446 and $447.
Some prices to keep watch are $453, $447, and $446. Consider these as supports during this...
BTC correcting to possibly $52,000. I did a ghost bar feed (Yellow candles) from the previous pump from $30k to $52k and overlaid it in our current pump.
Looks to test $52k in the future. I chose $52k because of it being a previous Resistance and the Bull Market Support Bands SMA's are at $49k and $52k as of 11/16/2021.
A buy zone would be around $56k-$52k in...
ETH is finally seeing a correction to the downside. Great opportunity if you're a long investor. Looking to retest $3900, this either reverses at $3900 or sees lower.
A Buy Zone for me is $3600-$3300, based the buy zone on previous resistances and supports, plus the Bull Market support bands SMA's are at $3300 and $3500 as of 11/16/2021.
BA breaking out in the weekly chart. If we maintain we can see $244.
Something I noticed while charting BA. The return rate after a bull flag breakout on BA has been consistent for the last two Flags. After a bull flag breakout, BA has returned on average $75 for the past two flags.
If history were to repeat itself with this recent Bull Flag. The return rate of...
UPST, forming a pennant. If it can reverse here then we can see $364. UPST is known to move fast. They report earnings on Tuesday. A bearish case for UPST. Head and shoulders formed on the daily chart. Their earnings can move this stock either way so I would wait if you were to play this.
ADA is testing its support trendline at the moment. ADA is touching the bull market support band, the last time this happened we went from $1.00 ADA to a $3.10 ADA.
Also, Stochastic is low and reaching oversold. RSI is touching a trendline of support. If ADA breaks below $1.85 then we can see ADA at $1.50.