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Dow Jones - Unsustainable Gains ⚠️US30 has been making incredible gains but with all good things, there must come a period of respite. We are long overdue a correction - which could be in the form of a slow decline or a massive drop like we saw last time. This will not happen until we see major news or government intervention which would cause a big correction. Currently we are seeing MACD divergence which is an indication that something big is coming. Keep an eye on the minor ascending trendline and monitor that for a break.
CAPITALCOM:US30
by Altsignals
Dow Jones - Unsustainable Gains ⚠️US30 has been making incredible gains but with all good things, there must come a period of respite. We are long overdue a correction - which could be in the form of a slow decline or a massive drop like we saw last time. This will not happen until we see major news or government intervention which would cause a big correction. Currently we are seeing MACD divergence which is an indication that something big is coming. Keep an eye on the minor ascending trendline and monitor that for a break.
CAPITALCOM:US30
by Altsignals
SOL - Key Levels To Watch 🔎SOLUSDT has been one of the best performers in the recent bullrun with gains of over 200% since late July. We are seeing a correction now which gives us a chance to get in on the next big move up. The ideal place evidently looks to be the $58 level where we have trendline and structure convergence. If we get buying pressure around that area, we could get another big move! If we break below, we can watch the lower structure levels for buying pressure.
by Altsignals
2
DOT - 50% Raw Gain ✅ Whats Next??The last time we posted the Dot analysis, we were looking to buy around the $19 level with targets being the major structure. Price retested our level perfectly and also hit our targets nicely! We are now back to the trendline where there's a decision ahead. We either push up and break the major structure and then carry on higher or we break the trendline and go back to one of the structure levels. Bullish Set up: Wait for the major structure to break and get in on the retest Bearish Set up: Wait for ascending trendline to break and watch for bear flags to enter.
by Altsignals
4