I wanted to touch base on the Homebuilders ETF, which I analyzed back on Jan 20, 2023 On jan 20, price broke out of its side-ways range finding support on the VAH and at the time of writing, testing the weekly of 69.65 as support. Based on my Fib time levels, I am expecting a significant move around Feb 22, 2023. If XHB plans on higher targets, I would like to...
Hello Traders & Hodl'ers! I wanted to bring our attention to a precious metal called Palladium (XPD) It's a very interesting chart as it has pronounced Elliot Waves which can be clearly counted. Based on my analysis, we are nearing the end of subwave 4 of 3, seeing a nice reaction from our 1.618 Fib Expansion level I am expecting a bit more downside; possibly...
Hello Traders & Hodl'ers! I wanted to do a quick EW count on what I'm seeing on BTC. We see it completing a 5 wave leading diagonal structure on the corrective A Wave. I would like to see if break out to confirm Wave B before entering a long position on BTC. If you think you've gotten awesome content from my TA, please smash that like (boost) button! It keeps...
Hi there Traders & hodl'ers! I'd like us to send our focus on XRP We see it has broken out of its descending trend, going back from April 14, 2021 In LTFs, it had been consolidating within a descending price channel, starting from Jan 23, 2023 which it has broken out of and retested as support! I will include the LTF chart in my idea updates! If you think...
Good Morning Traders, I wanted to touch base on TSLA We see it had made a very nice move of 72% to the upside. However, It is not testing its Monthly level of 209.47 which acted as very good support throughout the whole range from Jan 2021 to Oct 2022. Not only is the monthly level important resistance, but TSLA has also reached its 0.618 fibonacci Retracement...
We see LCID break out of its descending trend, trapping long positions, only to return to not just our liquidity level of 8.21 BUT also to test our weekly high-term timeframe. with our gap formed from Feb 22, we can deduce that there is a 9/10 chance Price will return to fill the gap. If you think you've gotten awesome content from my TA, please smash that like...
Hi There Everyone! I wanted to take a look at Neblio, by the request of SmartAnimal! Thank you for submitting that request! <333 We can see Neblio forming a symmetrical triangle, moving towards its apex, while volume is getting lower. Which is a valid form of consolidation. We can also see that is has been range bound between 1.249 & 1.991 What would I like to...
Hello Traders & Investors! I wanted to show you all my EW Count on QNT. We see it is respecting the ascending price channel, to the upside. Possibly completing sub-wave 2 of Impulse Wave 3 What would I like to see to confirm QNT is working its way on Wave 3? I would like to see an increase in volume as Wave 3 is typically the most impulsive. If you think...
Good Morning Traders & Investors! I wanted us to take a look at AMD since it has now formed bullish market structure. We see AMD break out of its descending price channel, above our Monthly level of 78.64 Not only is it testing our Monthy level as support, our Descending price channel (previously diagonal resistance), BUT also our 1.618 fib Extenson...
We see USDJPY make a very bullish move after testing our VAH and 1.618 FE of 134.428 The next level I would interesting in opening a short is our Daily level of 137.869 That is after a reaction/ bearish candle close. USDJPY #SHORT 🩳 ENTRY 137.518 TARGET 1: 136.91666 TARGET 2: 136.44458 TARGET 3: 136.11300 TARGET 4: 135.78142 TARGET...
Hello Traders & Investors! I wanted to take a look at OP, as per dreamland_cyber's request Thank you for submitting this request! :)) OP had been consolidating within a symmetrical triangle, for almost a month. We were able to deduce a valid consolidation as volume was getting lower and lower as OP made its way to the apex. Finally testing the 0.786 FE level...
Hello Traders! We see BTC break down from our channel, only to re-enter and test our VAH of 24345 Normally I would have invalidated this channel due to the large deviation from the beginning of Feb. However, most alts have done this type of movement, by returning to its ascending trend, only to reach much higher targets. We must keep in mind there is a gap...
Hello Traders! I wanted to take a look at TLRY, as per psbassin's request. Thank you for sending this :) We see TLRY still creating bearish market structure (LL, LH) and moving nicely within a descending price channel. At its current range, it has been testing its Monthly Level of 2.70 as support but now finding resistance at our POC of 3.18 Each time the...
Good Morning Traders! I would like us to look at LSS (LossLess) This is a project I hold very dear to my heart as I truly believe in this project's goal towards hack-mitigation protocols. We see LSS break out of its descending trend, forming bullish market structure (HH, LH) and consolidating over our Daily Level of 0.23929 within a symmetrical triangle...
I typically don't trade patterns unless I see a clear textbook example of it. Although "Adam & Eve" formations don't appear very often (quite rare actually) MASK seems to be the coin that is infamous for this pattern. For the past 90 days of MASK consolidating from its late October move, it has been forming (yet again) this pattern in HTF's I will share the...
Good Morning Traders, I wanted to touch base on SOFI Technologies We see if finding resistance at out VAH of 7.03 If we are to see a bullish move to the upside, I would like SOFI to return to 6.14 and fill its gap from Jan 30, 2023 Test not only our weekly level, but also the POC before a continuation to the upside & out of our local range. But until then, it...
Good Morning Traders, I wanted to touch base on LOVE, which we all need in the world <3333 We see LOVE break out of its descending price channel, and forming bulish market structure on the HTFs. At the time of writing, it is currently not only above our Monthly level of 27.59 and our 1.618 fib extension level, BUT also above our nPOC - which is the area of the...
I don't tend to use indicators in my analysis, but wanted to bring up my momentum oscillator in regards to a possible lower high. We see APT break out of its descending price channel, with a buy signal printing on the daily timeframe. What makes this interesting is the fact that money flow is increasing. This may mean an inflow of money coming to the charts. If...