Primary Chart: Daily Time Frame, 8-D and 21-D EMAs, Long-Term Fibonacci Levels (Retracements of META's Entire Range), Uptrend from Nov. 4, 2022 Low SUMMARY: META remains in a severe downtrend since its all-time high in September 2021. The primary-degree trendline remains unbroken and in effect. A shorter down trendline for most of 2022 has been broken...
ADA price has moved below the neckline forming a double top pattern. Expected price target is the measured move at ~0.27 cents.
With the beginning of the same sufferings, we can expect the continuation of the process up to three levels ."
Last week of price action generated a pennant. Typically these fly at half-staff on a flagpole. Not sayin it will; but it sure could. The measured move remains below the pennant. 300 pips to half-staff; 300 more would go to 3530 if it goes. Be carefull! GLTA
Primary Chart: 2D Chart Showing Downtrend Parallel Channel, Fibonacci Levels and Major Support at YTD Low Gold OANDA:XAUUSD could be nearing a tradeable low. The primary degree of trend remains bearish. Lower highs and lower lows on the daily and weekly chart appear. The downtrend channel on a log chart (or linear chart) has contained highs and lows since...
I have another chart for KDA with a cleaner price action moving into the middle of December 2022. I have two price targets which are $0.46 at the 1.68 Fibonacci line and one at $0.59 which is another Fibonacci line. From the previous top, we had a 43% drop in price, and taking the same percentage drop into this recent possible high would bring us down to the 1.68...
Primary Chart: 2D Chart of ETH Showing Fibonacci Targets ETH and most cryptos are moving fast so this post will be brief. But ETH is headed to new lows. It has sliced through every single major retracement of the rally off the June 18, 2022 low. Squish has remained bearish on BTC and other cryptos despite very brief counter-trend forecasts on occasion to...
The $QQQ is triggering a long setup on the right shoulder of a possible inverse head and shoulders. A (conservative) measured move of the head to the neck, from the lower right shoulder, gives a target of $302.40. The FOMC meeting is on Wed 11/02. News on 10/27: "Economists at BlackRock are speaking with financial advisers, saying that they are expecting "pivot...
There has been a move higher into Fridays close, and I am now expecting to see the continuation patterns push the price higher.
PT's are labelled based on chart patterns. - MMU (measured move up/ ABC) - Bull flag breakout imminent and the PT breaks the neckline of the inverse head and shoulders. - A break of the neckline of the inverse H&S gives us the PT based on Thomas Bulkowski's statistical work. It is also important to note that the MACD crossed to the upside on the daily and the...
Primary Chart: ETH's Key Support Levels Approaching Based on Fibonacci and a Measured Move ETH's Recent Rally since June 2022 ETH made its YTD low on June 18, 2022, a day or two after many equity indices. Since then it has rallied, albeit not in a straight line, significantly. The rally has carried ETH approximately 1149 points higher so far, which is...
Primary Chart: BTC's Key Fibonacci and Measured Move Levels along with Key Demand Zone BTC continues to trade just above make-or-break levels as it has for much of this week. It continues to chop up and down, similar to the way equity indices have the past few days. Chop essentially entails price action within a range without any directional follow through....
*Gold Daily Chart Horizontal Market Structure and MM (Measure Move) *Suitable for H4 and H1 Swing Trade and Finding Short term Bias
Primary Chart: SPX Head and Shoulders Pattern with Neckline Resistance and Fibonacci Supports SPX formed a Head and Shoulders pattern (H&S) on the daily and intraday charts over the past month. A H&S pattern is actually invalid until it's confirmed with a breakout below the neckline, drawn in dark blue on the primary chart above. In addition, because many...
A measured move on DASH break out is $70 & ETH is the yellow comparison & wants dash at $54 right now. Should play nice with BTC close to breaking $22k.
Measured move as illustrated, shows that we have fulfilled the projected length based off the previous retracement before the flag formed, aka the "flag pole"
Dow Jones Industrial Average is overbought. I can tell without using RSI or any other momentum indicator. Thus, we have our short setup for this week. The ellipses point towards a very steep angle down, which could serve as a prime example for how far it can move vertically downward on peak selling. This can be very useful when measuring subsequent projected...
The chart says a consecutive measured move has printed. This can be a local bottom and leads us to 25k+ or dump us to 14k Dont use leverage please :)