This is a little bit of an update and reminder that GME is still holding above the 0.886 retrace and the 200-month Simple Moving Average with Hidden Bullish Divergence within a Falling Wedge. We've held this level for months and it still appears that it can Bullishly Breakout of the wedge at any time, which should lead to some extreme upside between $60, all the...
XLM is trading just below the all-time Linear-Scale 0.886 Fibonacci Retrace after Bullishly breaking out of a Falling Wedge in what seems to be a part of a much bigger Cup with Handle pattern that can be seen in the Log Scale chart. If the Full Logarithmic Target is reached we will see XLM make a move towards $23.35 in the near future which aligns with both the...
DRQ shows notable Bullish Divergences on both the Monthly and Quarterly Timeframes at a 0.886 Fibonacci Retrace and is currently trading within a Falling Wedge. If the Bullish Divergence and Falling Wedge play out, I would expect to see DRQ make its way up to around $60 as a first target and around $94 as a full profit target.
Natural Gas has been consolidating for almost a year now at an 886 fib retracement, considered deep value. The week of December 11th ran all local lows going back to June 2023 and had the highest volume in 3 years. Could be putting in a bottom here?
NIO high time frames look to be putting in a double bottom at the .886 fib node, considered to be a deep value area. Monthly bullish engulfing candle if it closes around here on Friday. Invalidation could be multiple weekly candle closures below $8.38, low from Oct ‘22, would let this run potentially to $20 region if it really gets going.
Ethereum, after having been denied at the local ABCD PCZ, has begun to set itself up to continue its macro move down. All it has to do is break below the $1800 level, and that would be a breakdown of the ascending channel and the weekly 55EMA and 89EMAs. The PPO has already broken below trend and confirmed a lower high and is now working on breaking below the 0...
BNBUSDT is still interacting with the neckline and is about reach the peak of this reaction @ 88.6% Fibonacci retracement key level for adding to shorts.
We have a 3 Line Strike with Hidden Bearish Divergence visible on the weekly timeframe off the 0.886 fibonacci retrace
CCL is Double Bottoming with some very distinct Bullish Divergence on the Monthly Timeframe on both the MACD and RSI and it also has a Lead-In trendline that goes all the way back to 2018. If it breaks above this trend line then it will begin the BARR Breakout which could then take it above the Neckline of the Double Bottom and BAMM us up to the 0.886 Retrace up...
Square is currently trading at the macro 88.6% Fibonacci Retrace and has formed a Bullish Bat on the Daily all while forming an Inverted Head and Shoulders Pattern and now we are looking to see if we can break back above the 88.6% Retrace and challenge the neckline; if we do then I wouldn't be surprised to see it rally back up to where it dumped from originally.
After crashing below it and bottoming at the 0.886, ATOM has come back above the 0.786 and is Double Bottoming while Bullishly Diverging above a local trendline. If this action holds firm then I think it can see $22-$44.
CHZ has fromed 3 Harmonic Patterns within this range all completing at an 88.6% retrace that all has so far aligned with the same area each time; if this zone is to hold, then we can probably expect it to atleast make a 0.618-0.886 retrace to the upside from here.
VUZI has Double Bottomed on the Weekly Timeframe at the PCZ of a Bullish Deep Gartley and is now attempting a Break-Hook-and-Go off the Spine of a Bullish Dragon it's formed at these levels while showing MACD Bullish Divergence. It would be ideal for VUZI to hold these levels and eventually break back above the 0.886 and to confirm it as support as well before taking off.
We have Multiple Levels of MACD Bullish Divergence on the Weekly Timeframe at the PCZ of a Bullish Gartley that went a bit deep to the 0.886 with tail end Bullish Divergence on the RSI and if it plays out, Veritone could blast significantly higher.
The price is creating a series of higher highs and higher lows is to consider buying on pullbacks to key levels of support. Specifically, if the price is showing a strong uptrend by creating higher highs and higher lows, traders may look to buy when the price pulls back to an area of previous resistance that has now been flipped to support. In this scenario is to...
Weekly Analysis, looking for a lower high compared to 22565 with Weekly Hidden Bearish Divergence on both RSI & MACD Using retraces for entries, tight stop at the .786 in case of possible reversal and full position at the .886 If you agree or disagree with the setup, please let me know and explain ! We're all here to learn and grow off each other!
We have a small amount of Bullish Divergence here after Breaking Out of Falling Wedge at the PCZ of a Bullish Bat on the 4 Hour Timeframe. I will take profit at each of the levels depending on how price looks upon hitting each target though i may just hold it all until target 2. I feel a bit more confident about taking this trade due to the action we currently...
Hi traders, NZDUSD is setting up for a downside move i am expecting from price to come around our mentioned bat pattern completion and also a third touch of trendline area, watch price action on the top and look for a short position opportunity if price drop from the current area and break 0.55126 level without hiting our mentioned entry level then this setup will...