- looking for more downside - sweep of the weekly range low + hit in the fvg would trigger long positions
Bitcoin produced a major bullish wave starting October 2023. On the chart, this event matches a move above MA200 (black line). Notice how Bitcoin is ultra-bullish (October 2023) as it moves above MA200. Safely trading above this level, we continued to see sustained growth. In the month of January 2024, Bitcoin produced a small retrace and MA200 was tested and...
Price already crossed down trend price daily close above support Eliot Wave ABC has bean finished liquidity is high /24 Hours
- classic po3 - overall looking for more upside - a sweep of the monthly low would trigger a massive buy.
BEAM Bullish descending wedge, Strong support. Long PT around 80% up. Graphics illustrating.
Item Name: ADA *If you follow SEOVERIGN, you can get an alarm. *Boost gives SEOVERIGN the momentum to analyze more of the other stocks! Nice to meet you. SEOVERIGN - This is SeoVerign. Ada has completed the formation of a triangle pattern. Based on the analysis, Ada is expected to fall. Bitcoin's volatility has increased. Special attention is required. I...
I believe Bitcoin will likely drop to $42,000 - $43,000, which aligns with the Volume Profile Value Area High (VAH) of the range from mid-October 2020 until now. Simultaneously, this level also corresponds to the 50% Fibonacci retracement between the low from November 2022 and the current all-time high (ATH). Additionally, it intersects with the green trendline in...
I'm so far long I'll never sell it all, however I entertain some short positions along the way to accumulate more. I'm looking for a rejection around 69 before I make any moves.
KISS (keep it simple stup*d) Your job is really so much easier than you think right now. Just buy the lines and sell the boxes and you'll be fine over the next few months. IF you get scared and feel your bag is bigger than you are comfortable with on the way down the begin using the same lines above as you get below them to trim on the way back up just enough to...
wants to break out but when. the question is when. It has been colsolodating for a LONG time. What happens next?
On the above 2 month chart price action has grown 1300% since the 2007-8 correction. A change in direction is now on the horizon for Texas Instruments. 1) Support and resistance. The yellow arrows point to 15 years of price action support. That support has now failed. 2) A trend reversal in the RSI oscillator is clearly visible. This is bearish divergence. 3)...
As expected yesterday, the price of gold broke through the shock range after the initial jobless claims data was released, and has now risen to around 2376, a very large increase. The reason why this increase is so large has a lot to do with a number of important data released recently. We can see that the number of initial claims for unemployment benefits and the...
The recent price movement of Solana (SOL) has seen a noteworthy interaction with the 0.76 Fibonacci retracement level, hinting at a potential reversal in the cryptocurrency's trajectory. The Fibonacci retracement tool, a widely utilized technical analysis instrument, assists traders in identifying key levels of support and resistance based on the Fibonacci...
Some clues about the reason for yesterday's decline in the U.S. dollar index can be found from the time node. Especially the data released at this time node, there is no doubt that there is a greater relationship. We can see that the number of initial claims for unemployment benefits and the number of continuous claims for unemployment benefits in the United...
Reasons for bullish bias: - The price has broken consolidation on weekly - Playing simple DOW theory Here are the recommended trading levels: Entry Level(CMP): 88.77 Stop Loss Level: 82.43 Take Profit Level 1: 95.11 Take Profit Level 2: Open
- More downside ahead - +FVG points out a good buying opportunity.
I will focus on short positions as lever appears to be undergoing a correction phase.
My plan for Tesla over the next few sessions of ideas. Its rather clear what I'm looking for here. I'll use NASDAQ:TSLT (leverage) to average out the larger DCA issues should it start to get away from me while using regular NASDAQ:TSLA for the main idea. I like doing this so that it is a lot easier IMO to catch back up with the in between moves as well...