NASDAQ:NVDA On July 17th, NVDA broke out of a symmetrical triangle formation. Based on this, the current price target is $96. NDVA recently broke below its 50-day MA, which was then retested and failed to break above. Given the current macro environment and high market fear, I am looking to hold off until the price target is reached before considering...
Multiple study like flag and trend line from upper price that share price is running on 38800 CHART PATTERNS HOLD 1. Trend line on monthly 2. Multiple cup & handle 3. Ready to cross us supply zone 4 Range breakout 2 Slide flag pattern brekaout BUY honey well auto above 39000 TRG 1 - 44000 TRG 2 - 48000 TRG 3- 52000 and above 52000 that convert in...
This is what we should see going forward if we want to continue with a healthy move up to retest orange tapered selling and beyond. Happy Trading :) - TraderDaddyOG
Howdy - Quick idea here for potential short term and long term setups. We are in a weekly uptrend and recently saw our first signs of weakness by a double top and neckline retest. The next moves will decide whether we continue our bullish performance or continue to see struggle from buyers at this level. Bullish Bias: On the weekly, we broke out of a strong bull...
As BTC was recently rejected from the 200 day SMA (~$28,000) as well as the 0.5 Fib level (of rally June 16-23), the potential for Head & Shoulders pattern is coming into play. SPY is also testing lower trendline of it's rising wedge ("recession news" likely coming) and could capitulate, leading to further pressure on BTC. Just some Wine Wednesday speculation,...
Happy Sunday and Labor Day Weekend for those celebrating! However, the FourX market never goes on holiday. Updated outlook and analysis on USD/CAD - we have some very interesting confluence at important levels to determine the controlling trend. We are currently in a daily pullback (uptrend) within a HTF downtrend with signs of either: 1. Reversal from LTF...
Local bearish move due to failed retest to gain support and Bollinger Bands bearish breakout.
I said yesterday in my post that we my go down to retest the bottom of the channel on the weekly timeframe which is going to be 33k. Now i just opened small short position on BTC because of the retest of the rising wadge on the 4 hourly timeframe. My profit taking area is around 34k. Dont be manipulited by this small pumps and trade smart. Dont get me wrong i am...
Hello, When looking at the BTC charts I can see this as a longterm outcome.. This means my ultimate bottom lies around 19k-20k. I hope we will not reach that, I would much more appreciate it if the maximum bottom would be around 25-30k for a quick reversal, however looking at how the curve is going all these years.. how we are now under it and how other lines...
Gold on higher timeframe is making a bullish run. Expect to buy on pullback. Ride trend until 1870++.
Gold overall looks to be a buy, but i believe before that there will be possible sell forecasts to look into in which would drop to around 1794.5 (within that region). In my opinion from there it is a strong buy to firstly 1817 then to 1845/1855 level which you could take profit.
It appears Ethereum Classic is almost breaking out the bull pennant. The $65 was the peak before the sell off. Based on the fib ETC can squeeze to ath $600 soon.
BTC and ETH trading bearish at the lower edge of a falling mid-term channel (which I have called in my ideas since Sep-03), after decisive bearish moves on reasonable volume . We are continuing Since Sep-22 for at least yet another swing up/down. Trading setup*: - in a falling mid term channel since Sep-07 from 52.9k - two decisive moves to the downside...
Wanchain is ready to bounce for the long term goal: $10. Look at this beauty. I love this chart. Wanchain bridges keep getting better, you can now bridge AVAX. $MOVR farming pair added. An article about the L2L2 direct bridges of Wanchain has been published Zookeeper, NFT crafting(two identical NFTs can now be crafted into one NFT with better boost rates) and...
BTC and ETH trade at the lower edge of a falling mid-term channel (which I have called in my ideas since Sep-03), after decisive bearish moves on reasonable volume. I think we will continue for at least yet another swing up/down. I will trade this (on ETH for higher volatility) between the two fib lines of the last large uptrend, where I will look for exit /...
The recent BTCUSD movements have proven my perspective from Sep-03 right. We're heading down and a new trend channel to lower regions is about to open. Price retraced from the top of the last mid term rising trend, down to the 0.382 fib level. It retested the 0.236 fib level in a fresh swing to the upside. Now it looks as if it would get rejected there. This...
Guys, have you seen this live? :-) In my last chart idea I already looked sceptically at the volumes of the last "range breakout" - they were only a third of the least of range breakouts in the last year. That didn't look like the way to the new top to me. Today, Tue 2021-09-07, a heavy pullback hit BTCUSD and virtually all major cryptocurrencies. It started...
I stay with my view on the mid term development of BTCUSD price move. Missing upwards pressure and a breakout that failed due to low volume one week before were followed by a massive downside correction. This move set BTC back into an new falling channel which will lead prices down to the base path of the long term fib channel which has been valid since at least...