HTF CRV has been running up nicely. Currently we are consolidating on this range on M15 chart, being supported by prior lows as well as M15 200MA. Looking at lower timeframes we can see short term trendlines. By utilising those, we can pinpoint an entry into this long and take it back up to the highs of the range.
We saw a nice clean retracement on Ape, back down to to 0.5 Fibonacci retracement level. This level is also shared with the M15 200MA, previous S/R giving us a nice buy opportunity here. In this case we will be taking small profits along the way, targeting the recent highs and potentially beyond based on PA.
Eth continues to trade in this channel/bearish flag formation, holding firmly under the daily 200MA. As such, it's key to note that technically the momentum is still bearish and we could potentially see large movement to the downside. However, given the way that crypto market moves often happen, these scenarios are often best traded by sitting on the side-lines...
Luna/BTC continues to trade on this H4 channel of which we are currently sitting just above the median level. In addition, currently trading above the 200MA. This could provide opportunities that can be found on lower timeframes suchs as M15/M5 for buys if momentum continues to the upside. However, if we get a retracement; the levels in this channel will be useful...
Overview After poor revenue release and news of losing subscribers in large quantities, Netflix has posted two major losses in recent times. This brings the valuation of Netflix shares down a total of nearly 70% from November highs. The future At this rate, the stock has been poorly rated by many analysts and has strongly bearish momentum. The question now is...
Technical outlook BTC is currently trading in an upwards channel that could be interpreted as a bear flag. BTC is trading firmly under the 200MA and has just gotten a short term rejection off of the 50MA. As such; breaking this channel to the downside could potentially lead us down into the next support zones. The next main key levels outlined on this chart are...
Outlook As EUR/USD continues its push to the downside, we can actually see the highlighted box which shows a large rejection wick on the daily chart. Soon after, price has pushed off of that level and carried its downward momentum. Technically speaking, the move to the downside is quite straightforward and highly probable. However, there is quite a bit of...