Bitcoin is set up two do one of two things at the moment. The bullish scenario would be to have an hour close above 47225 level. With this we would be invalidating our down trend, thus entering an accumulation cycle. Bearish scenario is to have a close below the level labeled “IP” which is an area we see money pump into bitcoin. We there is failure in holding,...
NIO appears to be setting up for a nice swing trade, if we can make a higher low and hold on the 1 hour, it would increase chances how having a bullish close above the trend line fueling the move upwards tin which 23.07 level would be crucial to hold to confirm the uptrend. I am personally in some leaps and I am confident my 24.71 and 27.79 levels will be hit....
Exact same chart as my previous post, just added a new down trend
NVDA Best case scenario can go to 255. It remains bullish if it can follow the green range. If we have a 4 hour close below the green trendline, I can see us going to 232. You can say it will remain rather "neutral" if it stays within the orange range, although, it is more bearish in this range. The red range is evidently bearish territory, if we have a daily...
Apple looks to be a good shorting opportunity in my opinion. Despite all the bullish sentiment specifically with apple, the rest of the market wants to take a shit. with this, apple will fall. I can see this going back to 165 for sure by the end of march. the orange range is a crucial area to determine the direction NASDAQ:AAPL
I see $HOOD ending its distribution cycle, thus of course entering accumulation cycle. I see a V shape recovery taking place making its way near the 18.5 level indicated by the orange line. I believe Hood is general, has found its bottom, and prepping for a recovery upwards. I will be watching to break the local downtrend in yellow, making a move out of the global...
This is an update from the chart uploaded yesterday, the purple lines are dead trends that I hope will come into play later in the future. other then that, I've added some levels only because I'm in some calls for two weeks out so I'll be looking for those certain levels to sell my personal options. Of course, not financial advice.