ETH/USD is in an Ascending Triangle Pattern. We also have what could be a Double Top as well. Ascending Triangle Pattern = Potentially Bullish Double Top = Potentially Bearish Here is a closer look at this 1day chart. Note the Liquidity Void being filled up at the moment. Here is a closer look at the RSI. Momentum is downwards at the moment but note the over...
Here QQQ is shown on a 15-minute NASDAQ:QQQ chart. I have set up and executed a call option on QQQ. This is a recap. The first thing is to plan for the entry area. To do this I set a fixed range for the volume profile for a couple of days before the trade. Since the trade was on Friday, December 1st, the volume profile began on Wednesday the 29th of...
On Monday, BTC had finally crossed above and broke through its major resistance area located on this 1 week charts at $32,415 - $27,785. Note: BTC is still in a Rising Wedge Pattern as well as an Upwards Channel Pattern. BTC is still in a massive Megaphone/Broadening Wedge Pattern otherwise known as an Ichimoku Y-Wave Pattern. Take Note of the Liquidity...
CVS Health Corporation consistently going up with convergence on rsi scale and with good volumes . the price can break 1st resistance after a small drop and can reach 0.6 fib levels where a sell must be initiated
🧠The first is the divergence of the RSI indicator, which shows that most investors are leaving the market at a profit. But we cannot open short positions based on this yet, because the uptrend is not over yet. But when we see the N-shaped uptrend broken, we are convinced here that the downside is coming, so we set up a short position✔️ ➡️Now we intend to lock in...
RSI breakout happening in weekly keep an eye. might give a good result Lets hope for the best. Levels are marked
NASDAQ Weekly Price Chart After forming a double bottom in late 2022 the NASDAQ bounced and has melted up from its lows approximately 48% confirming that it was more than just a bear market rally. Most recently the NASDAQ has run into resistance (Light Red Box) and has descended roughly 3% past a minor trend line on the daily chart (not shown). Shorter term...
Looking at this Daily BTC/USD Bitstamp chart from around Oct 2020 to 29th July 2023 (today) we can see a few obvious chart patterns that BTC is still in on this daily chart. 1) Ichimoku Y-Wave Pattern AKA a Broadening Wedge Pattern/Megaphone Pattern 2) Ascending Channel Pattern 3) Descending Channel Pattern 4) Rising Wedge Pattern We can clearly see the...
Strategy with goood mode RSI, long position, tp <=30 lvl Of the GOOD MODE RSI
4H TF: 20EMA crossed the 50EMA to the downside and is currently testing the 100EMA. Daily: RSI and MACD starting to look bearish Weekly: I expect a retracement on the weekly TF to at least the 0.236 level, after a bullish run. GA is still bullish on the monthly TF, so I'd keep an eye on that. Happy trading!
Each time btc stochastic rsi moved above 50 from lows, it rallies before the btc halving (purple) and dips to higher low during the halving
Will it be a Rising Wedge or a Falling Wedge? Interesting times ahead for ADA.
XAUUSD GOLD, Fibonacci Retracement, Zones, RSI, Divergence, Trendline Just Sharing Idea of Future view, All time high 2075.11 Retracement 38.6 and failed to break high level again Retracement of 50.0 1617.68 High Rsi trendline and bottom Rsi in Divergence Future looks if rejects 1967 Level then back support of 61.8 level or up high to break 2075.11 level Top high...
As you can see Bitcoin is forming a bearish divergence on the 4 hourly chart which could cause a short-term reversal in price to the two potential support lines.
Let’s have a look at the BTC/USD 1 week chart and see what this chart and indicators are telling us. BTC is still in a massive Falling Wedge Pattern. BTC is also still in a massive Ichimoku Y-Wave pattern. Note that the 50MA is still traveling DOWNWARDS towards the 200MA so we still might see a Death Cross on this 1 week timeframe. At the moment of typing...
Hello my Fellow TraderZ, In my previous analysis about $FTM on Daily, I made a cautious statement regarding its PULLBACK to test the EMA55 on Daily at the least. If you see here on lower TF, price has broken the support TL. So, I am expecting a slight above move to retest the broken TL(looking at S.RSI) and continue the down path. BUT If the price...
Hello my Fellow TraderZ, #FANTOM $FTM - consolidating near the TL. Well I wish this one to break upward for some handsome profit. But if you see on DTF, S.RSI is on overbought territory, which could bring price further down towards $0.2050-.2175. Well I am just sitting and waiting for either the pullback or break the TL. CHEERS!!!
The trade idea I presented in my previous Tesla post (linked) did not work because price went lower on Thursday and pulled RSI down below 35 (orange rectangle). My initial idea on 16 Nov. was for RSI to move higher from 35 as price rose. Instead RSI fell and stayed below 40 for two days (remember this is a 30m frame), until the green candle in the final Friday...