MoneyFishing

MoneyFishing Updated 

Hello Friends! It looks like a bear flag is forming on the weekly. Last time BTC moved up to $69K it was trading above the 50 week. Now it’s below the 50 week and looks like a flag is forming between the 50 and the 100 week. Break below the 100 week can push it down to $20-25K (200 week). As always thanks for your follows, likes, and comments. Let’s learn and grow...

MoneyFishing Updated 

Hello Friends! I really like Roblox longterm. But unfortunately, it’s currently in price discovery mode. It needs to find a support price to build off from their 2022 guidance. I’m going to wait for Roblox to break out of this current downtrend before reentering. If a breakout happens I see a trade to 2 resistance points (yellow and green line). As always thanks...

MoneyFishing

Hello Friends! The DXY has been on a great run. Looks like it’s trading in a pennant from a bull flag formation. Move to the upside might create a new high for the DXY. As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers! *This information and publication is not meant to be, and do not constitute, financial,...

MoneyFishing

Hello Friends! Yesterday’s rally was nice but there’s still a lot of work to do. I like to see a move more to the upside and create some sort of support above the 50 EMA ($34320) and the 150 EMA ($34653). It’s very possible that it goes back into the channel (Green Channel) that was formed from 2009. That was the channel that was the true trend, not the channel...

MoneyFishing Updated 

Hello Friends! Going into the weekend, it can go either way. On the bullish side, Bitcoin MUST take out $45K 1st. Then I see BTC moving up to test 2 levels ($48.5K and $53K). On the bearish side, if Bitcoin FAILS $37.7K then I see potentially 3 downside targets ($34.4K,$32.9K, and $29.4K) As always thanks for your follows, likes, and comments. Let’s learn and...

MoneyFishing Updated 

It needs to hold and close above the 200 day this week (35000). Unfortunately if it doesn't I think it will come back to retest 33180. Not sure if this was a sell the rally event. I hope I'm wrong.

MoneyFishing Updated 

Hello Friends! IMO Exela's chart and the volume looks promising coming out of the falling wedge. Here's what I'm looking for Exela next.... - Exela needs to hold $.85 this week. -The next major resistance that can be a major issue is $1.04 -There's a lot of traders in this that might take profits from yesterday's move. A move to $1.04 might tire out...

MoneyFishing Updated 

Hello Friends! This is a weekly look at Tesla’s chart. Tesla needs to close above $903 this week. It’s been slushing around in this zone, it needs to make up its mind. If Tesla can’t close above $903 (this week) and build levels above $903 (next week), Bulls might give up. Levels that I’m looking at if $903 doesn’t hold: $814 $762 $707 As always thanks for your...

MoneyFishing

Hello Friends! IMO it needs to break out of $437 with volume for this falling wedge to potentially come into play. Break below $427 might open the door to test $415. As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers! *This information and publication is not meant to be, and do not constitute, financial, investment,...

MoneyFishing

Hello Friends! I’m looking for CRWD to test the 200 day ($185) and build that as the new support. Then it should target $206 and consolidate in that zone before the next move. As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers! *This information and publication is not meant to be, and do not constitute, financial,...

MoneyFishing Updated 

Hello Friends! Tesla had a great earnings call. Unfortunately, Tesla’s value is very high and it’s having a hard time through these market selloffs. At this point Tesla needs to hold $814 (200 day) and then it needs to break above its $903 resistance. As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!

MoneyFishing

Hello Friends! I think this selling might be coming to an end soon. I’m looking to add at the $217 - $207 zone. This would be a long hold for me. As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!

MoneyFishing

Hello Friends! VRM has been on a downtrend for a while. Now it’s oversold on the daily, weekly, and monthly. It’s been consolidating in the $7 to $8 zone. A move past $8.18 with volume might setup a nice move to $9.77 and then $11.64. Be careful with this trade, especially when their earnings is around the corner (Feb. 28). As always thanks for your follows,...

MoneyFishing

Hello Friends! Here’s a new look on Bitcoin’s daily chart. Unfortunately it’s still on a downtrend. For a bearish case if it continues to stay in the downtrend channel and creates lower closes, I see these as possible price targets: $40500 $35000 $30000 For the bullish case it needs to close above $45739. If that break happens, I see a few bullish price...

MoneyFishing

Hello Friends! This is a weekly look at Bitcoin’s chart. Bullish case: Needs to break out of the downward channel and take out $41.2K. Bearish case: If bitcoin breaks below $35.6k it will open the possibility of $29.2K being targeted. If $29.2 breaks, $25K will be the last support before it enters a longer bearish move. As always thanks for your follows,...

MoneyFishing Updated 

Bitcoin needs to move to the upside past this downward trend channel. It broke down below the 1st support of $41.2K. Next levels of support are $29.5K, $20K, $12K. IMO crypto market needs a washout and needs to clean out most of the junk coins in this space. Unfortunately for that to happen, BTC needs to go through some pain.

MoneyFishing

Hello Friends! If LMND can get out of this wedge, I have 3 price targets I like for it to test. #1: $34.14 #2: $39.57 #3: $46.66 Needs to hold $25.80 support. As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!

MoneyFishing

Hello Friends! Can this be a slow bleed to fill Bitcoin’s CME gaps? Bitcoin has already filled one gap between $32k-$34K. Now there are still two open gaps. -$24K-$26K -$18K-19K It’s still on a downward trend with week over week lower trading volumes. Maybe it needs to continue to follow this trend to fill the remaining gaps before we see any meaningful reversal....