deCarbonMan

deCarbonMan

Look at the volume profile, a lot of trading here. It really looks like a distribution top. Any downtrend has rising volumes Uptrends have decreasing volumes Negative divergence, which is going to push the price out of the rising wedge. Price might rise again, but I don't think this is going to end well.

deCarbonMan Updated 

Is it turnaround time for Solana? Positive divergence for Solana on the 4hr (see green arrows) Price will probably retest the $170 uptrend. Most important project in crypto right now

deCarbonMan

No clear trend until the triangle is broken out of Would prefer a retest of the RSI uptrend. Price downtrend line seems to be gaining strength. Needs to stay above 0.21 and break above 0.235 Have to mention though there was some spectacular volume on the 29th which indicates someone wants in.

deCarbonMan Updated 

Given the aluminum price rises this should hold. Both the price and RSI trends need to hold But, is that a bear flag or a uptrend channel? There was some positive divergence at the bottom of the downtrend so it should be good. Price target would be $2.28

deCarbonMan

Hitting long term resistance (from 2012) after a massive run up. Starting to look risky. Will look to reenter on a lower RSI support.

deCarbonMan

Positives: Major Lithium producer Has broken into a higher channel Negatives: Volume is dropping RSI has broken a minor support Will probably consolidate its position here and head higher

deCarbonMan

Negative divergence on RSI Approaching resistance Ascending wedge I am neutral while waiting for a pullback

deCarbonMan

Price descending on decreasing volume The resistance line at 0.057 has existed since 2010 The RSI has failed the uptrend and may descend to 39 before finding long term support. Overall I am going to wait for price or RSI triggers before moving.

deCarbonMan

Broken the RSI downtrend Regained the RSI uptrend Following the price uptrend Volume is low, but I suspect that won't remain that way after .23

deCarbonMan Updated 

A break above this price level offers little resistance Broken the RSI downtrend Recaptured the RSI uptrend Target $1.2

deCarbonMan

Break out on the weekly with rising volumes RSI breaks the downtrend and aims to recapture the uptrend. May see some resistance soon, but I have learned not to overthink it. Hold and buy more on the dips.

deCarbonMan

Strong stock Waiting for a pullback Volume is dropping off while price is rising RSI has fallen back below the RSI downtrend Perhaps the gap at $3 will be closed. Definitely buy if it hits the RSI uptrend

deCarbonMan

Any bounce at this point is a pretty good buy indication RSI is at a point of support. Price has retraced to the support trend line Palladium price is lifting again A big bank has just bought in. All round looks pretty good to me. An optimistic target would be $12.9

deCarbonMan

At these price levels it is a bit rich for my blood though. Volume is decreasing heading into resistance. Broke the downtrend, but on weak volumes RSI is not at point of conviction for me, looks pretty risky.

deCarbonMan

But I will wait on this one, might go higher but the risk at this level is high. Coming into resistance Negative divergence Overbought Going to wait for a pullback

deCarbonMan

Weekly chart Great volumes Positive RSI trend line Positive price trend line Break from the downtrend RSI Ascending triangle pattern forming in time for their results www.investopedia.com

deCarbonMan

Lots of potential here in the business fundamentals. Volume is building Once the uptrend channel is broken to the high side the next target is 0.065 after that it is 0.083 RSI has recaptured the uptrend

deCarbonMan

Price has hit a hidden uptrend RSI needs to break above and back onto the supporting trend Then the RSI needs to break the closest downtrend line If it rejects, then the RSI might head to the lower support and the price would break the hidden uptrend and head towards $35k Worth watching