Ambassadorj
As above. Well so goes BTC, so goes SKL etc. There is a channel that formed and we might see price recover to 0.7 area again but uncertain what it will do after that. I would be cautious to interpret this as a bull flag pattern that is developing until we can confirm breakout of upper trendline with higher volume. Good luck traders!
As above. 1M chart looking likely for continued bearish trend. Watch for break in yellow channel support line and likely long term red diagonal resistance line on the way down. Will follow. Good luck traders.
As above. Total crypto marking ALTs looking bearish. LTCUSD long term 1M trendline intact and likely continued correction down to $50 level again. Will follow. Good luck traders.
As above. 1W looks continued bearish and possible to touch lower trend line around 3300. will follow.
As above. Multidecade trend channel in progress with clear resistance/sell zones and support/demand zones. Multiyear bearish RSI divergence on the 1M chart and decreasing volume suggests continued fall in corn futures price action over the next few years. Will follow.
As above. Rising wedge on the 1D chart...breakdown >>>> breakout potential. 1300-1280 possible target if turns bearish. Good luck traders!
As above. Broke through bottom support of pennant trend line. Will follow. Good luck traders!
As above. VIX looking likely to bounce back up to low 30s again. Will follow.
As above. COVAL nearing end of falling wedge. MACD has continued bullish divergence and maybe will cross 0 line in late Feb or March 2023. Watching for possible breakout after 0.0012 is breached. Would like to see concurrent increase in volume etc. to confirm. If rejection off the top wedge trendline, then possible dip to 0.006 range may be possible. Will...
As above. Falling wedge breakout with good volume. Bullish divergence on the MACD as well on 1D chart. Target very possible mid $700 if up trend continues. Will follow. Good Luck traders.
As above. Rally fading with obvious RSI divergence on the 4Hr chart. Will Follow. Good Luck traders!
As above. RSI in "oversold zone" and trending down and headed even closer to crossing MA on the 12M chart, which likely will occur in 2023 if it continues. Historically, this is a continuation of the bearish trend with even lower lows ....no surprise though eh? Captain obvious! Obviously, the reverse is true as well from the chart that the 12M RSI trending up...
As above. Looks like obeying down channel with support and bounce off bottom trend line at 31K. Likely small uptrend to 34K. Will follow.
As above. Likely down in channel to 600'0 range. Will follow.
As above... 1M charts for the major indexes look very similar: bearish... likely accelerated down trend in short term. Nov 2022 into early 2023 going to be red candles. I think final lows will surprise most. Coming to a chart near you in the near term: Nasdq 9K, DOW 26-27K, S&P 3.2-3.3K. Good luck traders. Will follow.
As above. BTC.D likely down in channel to 39% again. Will follow.
AS above. Primed for pump to 33K then to 34-35K (350 W HMA).... could be as MACD looking to start crossing over and nice bounce off 29K support in the near term. Once it clears gap fill at 32300 resistance, that will be likely target. Hopefully 31K support holds (50 W HMA) RSI on 1W also looking at trending in the positive direction for the DJI. Nasdaq and...
As above... IOTXUSD price action trading sideways since May 2022 and 1W RSI also increasing during this time.. MACD looks also to be finally be crossing on the 1W chart like MANY other Alts and that may be indication of MACRO downtrend reversal and bullish start. Will follow. Good luck traders.