Jan 10th, 12:00PM PST We've had a momentum move into a consolidation with diminishing volatility (aka triangle). This is setup is early in development but worth watching. First we want one more bounce off the horizontal trend line of the consolidation. Then we're looking for this to pullback to the 240 21EMA (to prevent Over Extension) and then a quick reverse...
OANDA:GBPUSD GBPUSD broke support and made a retest at 61.8% fib prz. It further made a bearish engulfing candle on the lower timeframes and the EMA and SMA crosses gave extra confirmation for a sell setup.
And Higher Thereafter!? Should bounce from 21MA IMO. Needs a pullback after the monster rally. Typical handle is ~0.50 fibo of cup wall. Test ATH thereafter, and beyond?! Who knows, double top before FOMC seems likely at this pace. Fed could tank it again.
What's gonna be Ethereum's next move? Scenario A - Currently ETH bouncing from 21MA support and trying to break the Resistance 1. If ETH breaks Resistance 1, Then we can see a pump towards Resistance 2 followed by a correction and then toward Major Resistance area. If the Major Resistance breaks then we will see a new ATH Scenario B - If ETH fails to break...
If you've missed the last massive pump this is the best time to buy. Shib fond support at fibonacci and 21MA. Keep an eye on the major resistance (Red order block). This is not financial advice please DYOR. Please manage your risk accordingly as this is a highly volatile coin. We might find some support at each fib lines but the major demand area is the Green...
Lossless made a massive pump in the last few days and correcting since reaching $0.67. Perfect time re-enter and it is preparing for the next wave. Found support at 0.618 Fib, Found support at 21MA and forming a Pin bar what else we need? This is not financial advise please DYOR. Next support at $0.357
Hello traders and investors! Let’s see how PLTR is doing today! First, in the 1h chart, it is dropping today, but it seems the $ 26.07 is working as a short-term support, possibly forming a small Double-Bottom chart pattern. It is too soon to tell, but this support level makes sense when we analyze the daily chart: In the daily chart, we lost the $ 27.47,...
BLNK is currently sitting at the bottom of a range, similar to most other EV stocks. Resting on the 21D EMA and ontop a very large volume shelf at 51.
Here I take two previous, patterned moves from 2017 and fit to current structure (fractal around June 2017). This gives me the ability to approximate its growth or decline over the next year. I then use these two situations to plot a general trajectory (dotted line). Finally, I estimate the curve for the 21 week moving average. I foresee the possibility of a drop...
Here I provide a short-time price prediction based on the forming pennant. We still have momentum to the upside, but I predict that will come after a quick dip down between the 50 day and 100 day EMA.
Hello traders and investors! Let’s see how Tesla is doing today! First, it is trading near a support level, the 21 ema, which is holding the price quite well. If TSLA loses the 21 ema then it would seek lower support levels, like the red line at $ 521, or the black line at $ 641, but since the trend is bullish, we can’t count too much on that scenario. The odds...
Hello traders and investors! Let’s analyze Apple today! First, it hit our target at $ 125.39, as we discussed in my last analysis (Dec. 1, the link to it is below, as usual), and now it is retesting the support level at $ 121.98 ., which is the most important support level for Apple in the short/mid-term. Apple must react and defeat the blue line in order...
Hey guys just thought I'd share this cool use of moving averages on BTC/USD.
Gold holding over the 21 Weekly EMA like a champ, while mainstream news is calling doom for Gold because of positive COVID vaccine news. BUY THE DIP. Bulltrend is intact.
Hello traders and investors! Let’s see how Tesla is doing today! The hourly chart is struggling to defeat the blue line at $ 419, and the 21 ema is still pointing down. This makes the trend bearish in the short-term, but we still have important support at $ 406 zone. Tesla did several technical movements lately, just take the red line for instance ($ 442)....
Hello traders and investors! Let’s see how Tesla is doing today! Yesterday, Tesla hit our target, the 21 ema in the daily chart, which we discussed in the analysis I did on Friday (link below, as usual), and now is the time for a reaction. The hourly chart has a support level around the $ 425.40 (blue line), and Tesla is retesting it as well. Any reaction...
Hello traders and investors! Let’s see how Tesla is doing now! The price is struggling a lot around its supports at the 21 ema and at the $ 448.78 , and the fight between buyers and sellers is quite intense now. The bullish momentum lost strength, and pullbacks are expected. As we discussed yesterday, if TSLA loses the supports mentioned above we’ll see some...
Hello traders and investors! The SPX is going up today, and it is giving us some interesting signals! First, in the hourly chart, the idea of a H&S chart pattern was completely negated by this week’s movement. The pattern wasn’t triggered, but this reaction is an indicator that tells us that there are buyers in the area. Oh, and if you missed my last analysis,...