Hi everyone, It appears that WTI Crude looks ripe for a rotation towards the downside, the price has double topped and showing rejection along the peak of the ascending channel, alongside an indication of further overvaluation on the daily RSI. This is not financial advice just sharing with the community what I have been looking at, have a great day!
Daily short position taken to long-term support target should see more downside volume pick up soon
Established support off OB - 1 order block, heading up to TP1 @ 1876.00
ADA/USDT price is ripe - finding and holding on major support, could see large upside volume flood in to the market in the coming days.
Yesterday i posted an short setup on the DXY. This is for those who missed the initial entry short. I'm monitoring a potential secondary entry point forming if price meets strong resistance in or around the 96.143 mark
Waiting for price to reject bottom of ascending wedge before entering short. This is not a direct signal but a setup that could be forming, opening opportunity for shorts to the downside.
It appears that the DXY is struggling to push and could begin to rotate to the downside in the coming week, this should create strong buy side volume across BTC pairs, I have marked key levels to focused on in the coming days to monitor my suspicions.
Currently taking a LONG outlook on the AUD/USD, found support at major key level 0.70000
Entering short on AUD/USD if we can see a clean break of 96.238 on - DXY
Hi all, hope you have all had a fabulous trading week! Decided to share my technical analysis on what i think could mark the beginning of a long-term move up to 39.650 on SILVER ($US/OZ), I’m essentially waiting for further support to be established along a pre-established long term resistant line that was broken back in July, 2020, I'm hope to hold for some...
I have marked out what could be the beginning of another bull run, as we know gold increases in value during times of economic instability, as investors flock to the resource as a safe haven. Based on technical indication it appears this may show corresponding signs of further economic turbulence to come based upon strong accumulation occurring around the...
ADA looks like its ready to continue it's bull run, good luck to everyone who decides to take this position.
A potential triple top may form on the daily resistance level before running short back down to weekly support, this is just speculation and the arrow us not keyed into any specific level just the basic structure i assume the market to follow if this plays out, good luck and remain patient, always expect the worst.
Tripple bottom formation off daily support level, could see a gap up to 0.73160 before a long term short position.
Potential short squeeze setup on $PLUG gained %5 during Evergrande shit storm, suss financial statements yourself. working on hydrogen fuel cell technology, that’s enough for me. good luck!
Short Squeeze on $BLNK - predicting price to hit $100+ by mid next year.
Alibaba Technical Analysis using Elliot Waves - Stock appears to have bottomed out and ready to begin new wave cycle.
Just an idea, hope its helps :)