As you see here we just recently broke out of the long pullback, now we are in a retest phase. We need to confirm that it's an actually Bullish reversal of if it's a false Breakout which would lead to Lower Lows & Lower Highs 1 hr chart
Broke through the previous resistance, just now retested & slowly making it's way up. I do believe well see a bit of a consolidation then see a Touch off the lower trend line.
As you see on the 30 min chart we were in a wedge pattern just above the resistance & now we have broke through the upper trend line & now on a retest. Placed a Scalp Trade here since we have a solid bottom as well as had a bullish break through the wedge.
We're in a bit of a consolidation phase here on with a Touch & Go off the lower trend, now on our way on a bullish run. What we do after we reach the upper trend will give us an idea of how our Friday morning will go. We very easily could hit the upper resistance & have a large pullback to test our previous lower resistance.
We have found a solid bottom here and making our way back up to the upper resistance. Once we reach the upper resistance let's see if we can continue the momentum to carry us back above it or if we will have a pullback back towards the floor. I believe we may consolidate down here over the next few days.
Broke through the downtrend now in a consolidation phase, showing a solid Supply Zone. Should see nice bullish movement here to fill this trade, this is a 15 min chart.
30 min chart here looks promising, broke the downtrend resistance as well as a Touch & Go off the Supply Zone.
As you see we just broke above the Demand Zone & are currently in a Retest Phase, now let's see if we can catch momentum to break us above the DZ so we can get on a Bull run tonight. We still have a possibility to fall back down to the Supply Zone and consolidate or fall below it, tonight will be a big night for the Market as a whole.
As you see we have been riding in this consolidation phase since 0345 this morning & placed a trade at 0900. The market seems to be gaining momentum as we move through the weekend which is surprising. What we need to see next is for the Volume to pick up so we can break through the upper resistance. If we fall below the Supply Zone we may see a retest then a mild...
This is a continuation of the trade I placed at 9 am this morning, still hasn't been filled yet but the Market seems to be gaining ground finally, looking for a nice bounce off of this resistance here.
I've gone ahead & labeled the Supply & Demand zones. Here we've just bounced off the Supply & believe we will make our way up to the Demand over the next hour or so, my trade is set for 3% gain If it's filled. *Not Financial Advice
We are currently testing the upper resistance zone as well as the trending line in this wedge. If we are able to break above the resistance zone/trending line we may see a nice push towards .08, this may be a very great end to the week. BTC seems to be gaining ground as well but it could very easily consolidate & shift the market into a consolidation phase. *Not...
SHIB has been on a bit of a Bearish run but we've hit the lower trending zone & have been pushing upwards since. I have placed a Buy here with a 3% gain once it's filled. If you take a look at the RSI it is a strong Indication that we are fixing to get into a Bull run. We are riding on the upward trending line as we just broke through the Bearish wedge, may have...
As you see here on the 30 min chart we are currently headed towards the .241 trending zone. What we will be looking for is if we are able to bounce off the resistance heading back towards the top of the wedge. If we do so we should hit the top trending zone which would lead to a retest of the wedge, depending what ensues we may break above .26 moving into the...
Since June 16th we've broken the RSI Oversold Indicator, which means we may see a HUGE correction sending back into a Bull Market as we've move further into July! Typically when we break the Oversold we'll see a Bullish Reversal also on the flip side if we break the Overbought Indicator well slide into a Bearish Reversal which we've been on. I am very Bullish as...
We're currently in a Uptrend, approaching the lower resistance of this trend & the Fib resistance which is a great opportunity for a Touch & Go. Also if you take a look at the RSI we touched the Oversold indicator which usually leads to a nice bull run, this would send us towards the upper trend resistance. If we end up breaking the lower resistance we may...
After the HH, HL we almost broke the Bullish trend by breaking the Higher Low but we've hit a strong resistance here to stay in the Uptrend. I have identified the higher & lower resistance bands in this Uptrend, as you see we just reached the lower resistance which means we should see a solid push towards .30+ aswemove into next week. If we break through the...
We are in full retest mode here which is great, another fantastic part to this is going look at the RSI it indicates a Bullish Reversal. How to spot this is by following the momentum line you see we are WAY Oversold! My oversold indicator is set to 10% & the Overbought is set to 90%, usually when we cross these indicators we get a big reversal, in this case...