Trendyneck
TrendyTrades: MRNA Bearish Harami MRNA has been on fire lately. I wouldn't be too shocked if it just continues to rip but based off TA, I could see a Bearish Harami pattern on the Daily T/F and that signals a reversal. I can see a 38% retracement pull back to the .618 fix extension level for another leg up.
TrendyTrades: MSFT Gap-Fill With a gap-fill above, I expect MSFT to fill the gap and then react to a 1HR Supply zone pushing it down to retest the top of the gap—then another leg up to break through supply. PT should be just before .618 Fib Level (250.35) because of a 45MIN supply level waiting right below. Best for a day-trade or better yet, Swing trade. NASDAQ:MSFT
TrendyTrades: NIO Break of downtrendI expect NIO to break out of the downtown since bounce of Demand, then hitting Demand-Turned-Supply causing it to drop and re-test the down-trend for a move to the upside breaking supply and reaching the next fib level at 38.50
This analysis could be used for day-trade or swing-trade. NYSE:NIO
TrendyTrades: TSLA Bounce off 3HR Demand TSLA has a Daily up-trend-line that it's been following lately and with today's drop, we can see it bounce off the trend once again. There is a 3HR Demand-Level waiting for it at 678.41 . Watching Spy and the current Gap-fill it is trying to complete to the down-side could be a good indicator for when and if this move can happen. NASDAQ:TSLA
TrendyTrades: NKE bounce off 45MIN DemandUsing the trend-based fib extensions in combination with a 45MIN Demand, I've analyzed that there is a potential trade opportunity with NKE. If price can drop from supply (which it already has started) to around 132.61 which is confluent with a fib level, we can see price bounce up to supply once again at 134.76 and possibly break-through reaching the 1.618 golden ratio fib level that is sitting at 135.44
Placing a ight stop-loss would be ideal with this as the market is choppy today and anything can happen.
NYSE:NKE
TrendyTrades: DENT May 2nd Analysis The yellow vertical lines on my charts indicate the last Friday of every month. Crypto seems to have a pattern with these dates in which it has a major leg up. Going with this idea, I have further analyzed the major key-levels in combination with various Supply and Demand zones to build my chart. Instead of hopping into this trade immediately, I would like to wait for a break down from the 1-week uptrend to the 2-Hour Key-Level and/or 1/4 Hour Demand Zone waiting below at around 0.0090600 . Entry here would be idea in hopes of a bounce back up to the 1 Hour Supply at around 0.0124500 . Since this supply has already been tested, I could except a break-through shortly after with price reaching the next Supply at around 0.0137388 . Depending on how price reacts to this area which has been tested once before on April 17 , we can see a break-upwards to the next Supply at around 0.0154000 with a 4-Hour key level just above that. BINANCE:DENTUSDT
TrendyTrades: XRP May 2nd Analysis XRP has show some significant growth in the last few months. Looking at where it is today, I've analyzed a few key hourly and daily levels; along with some predominant Supply and Demand zones. I can see one of two different scenarios playing out here, first being that price breaks lower passed the Supply turned Demand area and into a 3HR Demand that hasn't been used yet at around: 1.3978 which is also confluent with a 1-Hour key level . If it reaches there, I can see a nice bounce up back into the supply zone around 1.6660, breaking it and reaching the next Supply zone at 1.7473 which is also confluent with a 1-Hour key level .
Second scenario is displayed using the dotted line, please refer to the chart for direction. BINANCE:XRPUSDT