TheCryptagon

TheCryptagon

Chainlink is consolidating around the 1day MA200, being slightly more bullish as the 1day MA50 is holding. Today's highly volatile 1day candle is evidence that the market is prepared to move higher. The Channel Down on the RSI could be a Bull Flag as it was in October. We are buyers with 8.200 the short term Target. Next buy above Resistance A with our Target a...

TheCryptagon

DAX with a strong rejection at the top of its Rising Wedge. Targeting the 4hour MA50 is the norm inside this pattern. As long as its not broken, buying is the action with 15750 the Target. Closing under the 4hour MA50 is bearish, with the Target at the bottom of the Rising Wedge (15100). Best 2 week buy opportunity inside the RSI's Buy Zone. Follow us, like...

TheCryptagon

On a one month frame this is the best buy opportunity on Nasdaq as it made contact with its 4hour MA50. Since the January 6th low that started this uptrend, the 4hour MA50 has been the most optimal level to buy. Rises of +6% have been the most common throughout this uptrend so that's our expectation, even though we set as always our Target a bit lower at 13100....

TheCryptagon

The WTI Crude Oil failed to break over the 4hour MA100 but the subsequent rejection tested and held the 4hour MA50. This is a sign that the short term Channel Up remains valid. However the 4hour RSI break below its MA level potentially indicates that this is the last push before it peaks. This has been a valid signal since December 1st. Our Target is 81.00 (under...

TheCryptagon

The EURUSD hit today the 1day MA50 after a very long time, more specifically the November 4th. This is the opportunity that long term traders have been waiting for to buy as it also came very close to the bottom of the 3 month Channel Up. The previous two Higher High legs have been around +5%. A repeat of such rise will push the price as high as the 1.11850...

TheCryptagon

The Dollar Index hit yesterday the 1day MA50 after it first started its long term downtrend and today the price reached the top of the Channel Down pattern. So far the price is reacting in the expected technical way, a rejection at the top. As long as it holds, it is a perfect sell entry. Expected target a -4.25% fall at 99.600. Follow us, like the idea and...

TheCryptagon

The US10Y is breaking above the first Falling Resistance after making a Double Bottom on the 1day MA200. Wait for the right level to sell this rally near the second Falling Resistance. Target the bottom of the Falling Wedge. Follow us, like the idea and leave a comment below!!

TheCryptagon

It is natural since the two are negatively correlated to see Bitcoin moving in the opposite direction of the DXY especially on the large timeframes. It is not a coincidence that when the DXY broke its Rising Support, Bitcoin followed with a break of its Falling Resistance. The DXY is leading the markets as it is absorbing the inflation news first. What we do see...

TheCryptagon

Bitgert broke today over the 1day MA200 for the first time since October 3rd, getting out of the Consolidation Zone. This is an important step to the 0.00000076 - 0.00000068 Resistance Zone. Beyond that, we can have higher hopes for BRISEUSD only if the Declining Resistance breaks, which will trigger a buy wave to 0.00000129 Resistance. Follow us, like the idea...

TheCryptagon

The Dogecoin is sustaining the uptrend of the past 30 days and is approaching the 0.1120. Being past the white demand Zone, which is the rising channel that captured all major buying opportunities since June, it can hit 0.1120 after one last 1day MA50 pull back. The slightest breach of 0.1120 sets in motion an immediate gap fill on the 0.1590 Resistance. Follow...

TheCryptagon

XAUUSD had an important bearish breach yesterday after it closed under the 4hour MA50 for the first time since December and it fell as low as to break even the bottom of the long term Channel Up. In typical denial fashion, the price rebounded immediately to test the 4hour MA50 as its Resistance for the market to see how many short term buyers are left. Under...

TheCryptagon

Yesterday EURUSD closed below the 4hour MA50 for the first time in almost 4 weeks and confirmed a short term bearish signal. Today it is making a classic counter trend rebound to re-test that level as its new Resistance and confirm the bearish pattern's strength. As long as it is under it, we are sellers with 1.07800 the short term target. On the medium-term we...

TheCryptagon

MATIC broke over the scalping range that dates back to July 18th. The only time it broke over it since then was on November 4th and it made a top at 1.310. As long as the price is over the range, 1.310 is our bullish target. Follow us, like the idea and leave a comment below!!

TheCryptagon

The index failed yet again to break and close above the bold white declining Resistance, which is effectively the Resistance that has marked all lower highs of the Bear Market. This is far from an ideal scenario for S&P500 buyers. The Support Zone right below already supported once last week and has been serving as either a Support or Resistance since May...

TheCryptagon

INJUSD the symbol of the Injective coin is rising parabolically and this is not the first time we see it on such a strong rise inside the accumulation pattern since May. Basically the Resistance levels are harmonic and we can see the pair getting rejected because of the 2.5050 harmonic Resistance. This RSI though is different that the parabola of August so this...

TheCryptagon

The pair's obvious pattern on the long run is a Channel Up. Inside this we've spotted an Inverted Head and Shoulders, whose Head to Right Shoulder is +3.70%. The price target on those patterns tend to be a proportional rise from the Right Shoulder. A new +3.70% extension places a target tag at 1.1300. If this is performed within the Channel Up then it could be...

TheCryptagon

Fierce battle on the XAUUSD market with Gold trading on a Rising Wedge short-term inside a Channel Up long-term. The price is firmly supported by the 4hour MA50 for exactly 30 days and this indicates a strong uptrend. You can scalp the Rising Wedge's range and add to your intra day profit. If broken upwards, the minimum rally this Channel Up has achieved on a...

TheCryptagon

Aptos is on another strong bullish 1D candle today after a 2 day pull-back. This is a parabolic rise that shows no sign of stopping yet as the 4hour MA50 is supporting this move since the start of the year. The three rises since the parabola started have been approximately +90%, +74% and +111%. As long as the 4hour MA50 holds, we expect a minimum of +74% rise,...