Tracking a possible Cup and Handle on SPX 15 min, Using a fib retracement and an extension we can see a crabwalk for most of today with a breakout up into the 4030 ish range within the next 24to 48 hours. Also a pretty big AM gap t fill between 4010-4020
Tracking this Ascending broadening wedge on XRP 15 min and a break down of this wedge could be pretty substantial. Proceed with caution and make sure stops are in place because if this does spill it's going to drip rather quickly...
I am tracking this Bearish ascending brooding wedge. Also when we zoom in to the top of the wedge on the 1 hr we can see a bullish inside bar indicating a reversal to the downside Looking for a short back down to the 15,950 range
We can see the Confirmation of a 15 min Double top this morning when looking at Gamestop. Also the Relative Strength Index is weighing heavily on the overbought side With the moving average convergence divergence also looking to cross downward. Possible small 2 to 3 dollar dip in the next coming day or days before it starts to make another run back up leading into...
XRP 15 min showing a very prominent Ascending wedge and currently forming a diamond top, Could see a breakdown to about .48 when looking at the Fibonacci retracement.
Spy is currently at the bottom of a Falling wedge on the Daily. Also when looking at MACD, RSI and Stoch RSI we can see that all 4 align for an upswing. When we zoom in on the Hourly we can also see 2 gaps that need to be filled, the 1st at 426 and the second at 373.
If we gauge the last major moves on SPY with Covid being the last in 2020 we can see the same pattern coming to and end on the current weekly SPY, using the fib ext paired with the RSI and MACD we can clearly see a jump to 530 on the weekly in SPY's Future. Also note that the relative strength index just crossed up over 50 and the MACD just crossed up as well. All...
We now have an Ascending Triangle on BTC and can be seen across multiple timeframes, also look where .5 on the trend based fib extension lines up within the triangle. This move could be massive
Possible Inverse Head and Shoulders forming on the daily. If it did play out we would see BTC hitting highs of 81k+ when using a Trend based Fib extension. Also note .61 as well as 1.61 on the Fib circles and where they meet within the pattern. Also DXY looking for a drop to 97 on the weekly,
Looking at SPY on the daily , we can see it starting to run back up the other side of this massive double bottom. Completion of this double bottom would shoot SPY back into the 460s with ease. Keep an eye on this!
Looking at this massive inverse head and shoulders on spy, Using a fib ext we could see the breakout from the right shoulder up to 465 with the next Pocket up around 510!!! this all aligns perfectly with witching in June, All indictors say its a go, Stoch and MACD are also ready for an up move
Short term Bear trend BTC , Bear pennant on the 15 and the 1 hr , BTC needs to break down a bit so it can complete the Cup formation it is currently forming on the Day chart, I expect BTC to break down out of this bear pennant to at least 45555 , possibly lower before starting its next up trend to finish forming the right side of the cup on the Day
NVDA with a massive triple bottom on the 1hr , also the last time the MACD was this low and about to cross we jumped from 210ish to 270 in 7 days. Both RSI and Stoch are heavily oversold and are about to fly back to the upside. Assuming we are beginning to consolidate while using a fib ext we could see a bounce up to the 300 to 320 mark in the coming days, weeks,...
Possible Cup forming on the 15 min , this Handle could break us up into the 130s , keep your eyes open, a lot of high si stocks are on the move
I expect this gap to fill, Also RSI seems to be oversold and possibly ready to head back up shortly, no pun intended
2 very critical gaps to fill, 1st @ 2.35 2nd @ 3.35 , I expect both to fill within 90 days , not to mention a bounce off this rev fib would shoot us up to 2.92
We have formed an ascending Triangle, I think we will touch the bottom trend one more time before We breakout of this Bullish ascending triangle
Ascending broadening wedge on the 15 could break down to 46200 , if we use a fib ext and start it from .61 on the prev fib ret , we can see a bounce to 47300