Using the Bouhmidi bands, we were able to filter a very important short-term support this week in the 4600 area, where we were able to find very good long daily entries - Learn more about trading the Bouhmidi bands on Tradingview
#AVAX - The RSI(34) is approaching its important breakeven point at 48.5. At the beginning of August, the breakthrough was the starting signal for the rally starting from $15. If current fight for the EMA-55 is won, the probability for a short-term continuation increases. $AVAX
#SOL - The odds are not bad for a trend continuation a la bullish flag. If the pullback to EMA-100 holds, new momentum could clear the way. But therefore RSI(34) should defend the 48.5 level as at the end of Nov. Target price based on the flag: $287
$SAND - If this is a corrective wave (4) #sandusdt is close to an important support level ($5.08 - $4.67) - If this area holds a new impulse wave (5) could continue the trend and make a new high above $8.45. Before that, the area above $6.20 must be consistently defeated. #SAND
#MATIC - After breakout and confirmation through pullback the momentum started to rise. #Matic next short term price target based on the breakout at $2.72 is activated. Interesting note: RSI(34) has already indicated buy signals since 22.Nov after defending the 48.5-level.
After defending the support level at $53 our setup played out. Our 1st target has been reached....
#Lufthansa - last week I presented the trading idea to #LH - idea was that we will close the gap again. With the current takeover of the EMA-21 and the 6.11€, the idea is confirmed.
#DAX40 - Good start into the new month - Already fighting with upper #Bouhmidi-Band. We could see a small reversal around lunch time heading into bandwidth
#Update - We are testing todays upper #Bouhmidi-Band in $DAX:
#DAX40 - After testing 2nd #Bouhmidi-Band we found a intraday bottom and reverse long heading to 15k. Check my trade and update.
#DAX started with a nice momentum. But it was not enough to overcome the upper #Bouhmidi-Band. #DAX40 is reversing back to mean.
#DAX40 - With #Bouhmidi - Bands you can filter interesting setups - Today Intraday reversal Short.
The descending triangle could be confirmed. After the breakout on the downside, a bearish trend continuation could be established. For this, however, the current trading range would have to be exited to the downside. A breakout would activate a new price target at around $80.33. In the past 15 years the stock tends to be bearish between end Jul till end of Aug....
$XCH - 1st trading week #Chia is still in a price fixing stage. The current breakout activated the next price target at $1069. However, we must first expect a pullback. Before we attack the price target with increasing volume and develop new bullish momentum.
#DAX - We had a wonderful chartbook reversal on Friday in $DAX at the lower #Bouhmidi-Band - Look how pretty the index reversed after testing the lower band. Lets have a look what this week brings us - interesting #earnings results coming up and #FOMC - Stay tuned
#Ethereum marks a new #ATH while #Bitcoin is trading sideways. We are close to my price target () for $ETH based on the double bottom - Love Technical Analysis a key to understand #crypto price behavior Stay tuned if you want learn more about TA in #cryptocurrencies.
#DAX - After the third attempt, the $DAX could overcome the EMA-21 in the 15min chart yesterday, which spoke for further bullish impulses. Today we could already observe a continuation, the #DAX30 is now at important short-term resistance the MA-200 (15289).
#Ethereum has formed a double bottom in the 4H, indicating a trend continuation. The RSI is above 48.5 and could release further momentum. If the neckline can be taken over, we will confirm the pattern. I expect first a pullback and then a new impulse wave for new ATH in $ETH