Buyers
Falling Wedge- Bullish - UpdateJust posting a quick update on SQ here as it has gotten beaten down badly amidst all of the intraday volatility. However, respected support nicely and is holding quite a large falling wedge. Bullish and will be watching closely for a breakout from this wedge as buyers start to step in (broader market conditions permitting)- Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on in the meantime- Previous charts are attached in the description below
- Bollinger Bands Squeezing on the hourly timeframe (See Attached Chart Below)
- Slight bullish hidden divergence on the RSI on the hourly timeframe (See Attached Chart Below)
- MACD Cross on the Hourly Timeframe (See Attached Chart Below)
- Falling wedge on the daily timeframe
- Sitting right above the VWAP
- Bullish Hidden Divergence on the RSI on the Daily Timeframe as well
PT1- $168.13
PT2- $171.21
PT3- $172.24
PT4- $175.51 +
--Hourly Timeframe--
--Previously Charted--
Falling Wedge- Bullish- Gap FillFVRR catching my eye here as it's one of those stocks that can really move with volume. Holding a nice falling wedge with buyers starting to step in, some slight bullish hidden divergence on the RSI, Bullish bat (Alt Bat) Harmonic formed, and Bollinger bands squeezing as well. Bullish and will be looking for a breakout from this wedge (Broader Markets Permitting) - Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on in the meantime
- Falling Wedge
- Bullish Hidden Divergence on the RSI
- Gap Fill on the Upside
- Bollinger Bands Squeezing
- Bullish Bat Harmonic Pattern Formed
PT1- $123.46
PT2- $124.84
PT3- $125.52
PT4- $128.92 +
Ascending Triangle Forming- BullishBig Ascending triangle forming on MSFT here- EMA's are starting to curl upwards as well as buyers have maintained control for quite a while now. RSI is nearing the overbought level, just something to be aware of and keep an eye on, however, will be watching this one closely especially with earnings coming up on 10/27' - Just some support and resistance levels and some RSI-based supply and demand zones to keep an eye on- Bullish
Falling Wedge- BullishBig falling wedge on RUN that it's been holding for quite some time now. The solar sector tends to be cyclical with respect to price action, which in turn leads to big breakouts and vice versa (See charts of ICLN & TAN). With all of the intraday choppiness and the broader markets seemingly starting to pull back a bit as big tech takes a breather, the solar sector had surprisingly good relative strength on Friday with FSLR, NOVA, and RUN managing to close green on the day.
- Bollinger bands squeezing, closed Friday sitting right on its 20-day SMA (Not Pictured), and some slight bullish divergence on the RSI. Will be looking for a breakout from this falling wedge (broader market conditions permitting)- Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on
PT1- $48.99
PT2- $50.27
PT3- $53.33+ Breakout
ICLN
TAN
XRP/USDT CRITICAL MOVE
XRP is always known for being delay and not doing good when everyone else is... but when everyone dumps and btc dumps this XRP goes along with it. It is a sign that people that holds XRP esp whales are active seller to accumulate more... than just hodling these assets.
Pattern: Descending Triangle
Could be also flat bottom, three tops.
if the 200MA is a strong support, which is normally should be... what happens is it may get back to the triangle and retest that trend line we failed
to break before. But I am still not selling... I will just forcus on planting and gathering more XRP or just accumulate to the support zones.
Thank you :)
Ascending Triangle Forming- BullishPotential ascending triangle forming on ABNB- will be watching closely for a breakout.
- Bullish divergence on the RSI, buyers starting to step in
- Bollinger Bands are squeezing
- Potential for a double bottom around the 137 level
PT1- 140.50$
PT2- 141.39
PT3- 143.25$ + breakout
Why it's not favour/ it's good - BTCUSDHi, btcusd is in the range
It will mention to our
Strong support is
32665....mean while it mentions
For several ideas
It will growing up with green
Pull bar and end of the week..
Last pull bar it's growth it's also green.
1, end of the day inside range
2, pin bar it's favour
3, end of the week it's good
4, price rage its growing likes moves
5, last week it's good Move
If any questions please below .
Thanks
Regards art
Bitcoin Long opportunity? Reversal Ahead?An update on my previous post .. I Realised afterwards that the STB and spring kind of merged on the 30min chart .. Therefore STB became STB+Spring and what i thought was gonna be Spring became TEST so i lost on that trade. But i saw an opportunity for a long position as SOS was forming at the top after i got stopped out. Therefore All i had to do is wait for market to create LPS and grab liquidity from TEST level, to go long on BTC till 37126 value area, where i expect a reversal.
DIsclaimer: I do not actively invest in Bitcoin. I mostly trade it to test and sharpen my technical analysis skill. Copy at your own risk
Dogecoin Runaway Train from Triangle Breakout!Hey Traders in last weeks video I had mentioned that Dogecoin could be breaking out of a consolidation pattern in the future. Well looks like the future is now! I think we can learn something by comparing this market to other cryptos. But the question is buy now and chase the market or wait maybe for a pullback?
Enjoy and trade well friends,
All opinions expressed are for educational purposes and this is not a recommendation to buy or sell).
(Always use risk management before entering any trade).
(Past performance is not guaranteed for future results.)
DAL SwingDAL along with the rest of the travel sector is catching some big buyers as the economy is shifting to its reopening phase. Look for some strong movements along the next couple of weeks as the chart is preparing for a big move too. Sitting directly under the 20EMA and a perfect bounce off the 50 - the stock also caught many buyers yesterday exactly off of the resistance, which is also a sign of strength.