ADA is approaching its 50 sma on the hourly chart. this could be a good buy area for a long set up as the 50 sma will be coinciding with the nearest support. Targets above are the 1.618 and 2.618 extension of the previous high swing low. RSI is 52 at time of publishing. Impulse has already corrected beyond the .236 and may be enough for a new continuation...
BTC cup and Handle similar to '19 structure. Handle would line up with the fib levels and the next major support below. Keep an eye on this. NFA do your own DD Novice trader here.
Textbook bullflag for pepe/usd on the weekly chart. Not too much else to say. Breakout would like occur between 4th quarter this year and 1st quarter of next year. NFA Do your own DD. Thanks for looking at the idea.
PEPE/USD is currently breaking above a local resistance. it is currently sitting on top of the .236 retrace level. The .382 will also line up with the 150 simple moving average. Another key level to watch for for the price the turn is the .382, the second rectangle shown on the chart. These rectangles are areas to monitor on the intraday timeframe to look for...
The last weekly close and open for BTC have broken the overall weekly structure of consolidation. A weekly close above the support would confirm this. Things are looking good for BTC in the bigger picture. Hold on to your hats, we have a year of volatility coming to us. Not financial advice. Do your own DD. Thanks for looking at the idea.
LTC is about to have its 50 sma cross its 150 sma on the daily chart. This is occuring during the rebound of the price action from a support trend line in a rising channel. The price has recently bounced off support at the $64 level. RSI is 44 and turning upward. BTC has overtaken its resistance also on the daily chart. A rising tide lifts all boats. Not...
BTC/USD on the H4 chart is currently forming a bull pennant between a descending resistance and a horizontal support. The stochastic RSI is ready to swing back after a little more pullback. Targets for the trade are the 2.236 and the 2.618 extensions of the previous high swing low. Targets marked with white horizontal lines. Not financial advice. Do your own...
Bitcoin price has currently broke above resistance in a recent bullish impulse. The 71,300 has been flipped from resistance to support. This support test also coincided with a 50 sma test and the 1.382 fib extension. All three held strong. Price action is possibly going to test the support again at time of publishing. this is a good area for a long trade. ...
LTC recently had the daily chart 50 and 100 sma cross. This is a bullish signal for the price action. Volume is declining as the price makes higher lows on a rising support. Stochastic rsi is 40. Target for the trade would be the previous swing high marked in a rectangle. Not financial Advice. Do your own DD. Thanks for viewing the idea.
BTC is finding support on the .382 level of the most recent impulse on the H4 timeframe. The price action is also finding support on the H4 100 simple moving average. RSI is 44 at time of publishing. Price is also near a local rising support. I think anything at or above the .382 retracement level is a good buy for the weeks to come. We might have a few days...
The 50-100 cross is currently occuring for gala on the weekly timeframe. This is very bullish for the token because of the timeframe. RSI is nuetral around 47. Cross occured during downtrend and that downtrend in now clearly broken. A weekly close above the rising support will confirm this. Target is between 1.618 and 1.382 of previous high swing low. Not...
On the daily chart for btc/usd, the 50 sma has crossed the 100 sma and is a bullish sign for a continuation after this correction. This could be the final leg up in a rising wedge before another breakdown in the price action. Target is marked above in white horizontal line. There are two fib levels worth watching for long set ups. Not financial Advice. Do...
The market is breaking the bearish structure on multiple timeframes. This idea is from the Weekly perspective. The Fib Extensions are pulled from the previous cycle high to swing low. These levels will be levels to watch as the macro timeframes start to heat up. The key levels to watch are the .618 extension levels for impulses and the .236-.382 for pullbacks....
50sma is about to cross the 100sma which is very bullish. Price is currently holding over macro descending resistance. I expect a very minor pullback and a lot more bullish action. The daily chart still has a lot of room. Not financial advice. Do your own DD. Thanks for looking at the idea.
Idea has been iterated in previous linked ideas. Double bottom has formed and price is shifting bullish in a "w" shaped formation. Green fibs between the 3.618-4.618 is long target. Stoploss is below daily channel. Not financial advice. Do your own DD. Thanks for reading the idea.
BTC is reaching the end of a wedge. RSI is nuetral. 50 sma 150 sma cross is impending. Targets in green based on fib extensions and areas of demand.
BTC on the daily is holding above the 150 simple moving average and continues to check it for support. BTC is also following a rising trend. RSI held above the 14 ma. I expect more bullish action from these indications. Not financial advice Do your own DD. Thanks for looking at the idea.
Price action have broken through the 50-100-150 simple moving averages. all averages are aligned according to there respective timeframe. Moving averages are all sloping upward. RSI ignored a potential downtrend and broke market structure. Two curves shown are resistance and support for the price action. The break of structure occured roughly around the 14th...