moressay

moressay

On its 4 hr chart, CRYPTO:SOLUSD is retracing, with price now hovering below EMA 26 & MACD is testing the support line. Let see if it holds. Long term view is still bullish.

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This one is weekly chart of CRYPTO:XRPUSD . Look at how the price start to peeking above the downtrend line, a multi-year downtrend line since 2021.

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TVC:DXY spent last couple of days trying to keep its head above the lower channel boundary, no success so far. Still bearish for now.

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CAPITALCOM:CORN completing an inverted H&S, possibly trying to climb to its EMA 220, around 440 - 450.

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BINANCE:JUPUSDT currently at resistance. I'm leaning on possibility of breaking out as the MACD already did broke out its downtrend line. Let see.

moressay

Some trades are as simple as looking at how its EMAs are lined up. This CRYPTO:TONUSD 4 hr chart for example. Look how pretty those EMAs are stacking up...mine are 12, 26 & 220 EMAs....and, the price has also broke the downtrend line.

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A breakout from downtrend line on daily chart, BINANCE:ADAUSD is now meet with its 220EMA & trying to break above it to officially enter the bull territory. As precaution, do prepare a rejection on 1st attempt. A bullish theme nevertheless.

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The weekly HKEX:1211 chart is showing price slicing its downtrend line, supported by breakout in MACD as well. Bullish.

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Weekly chart NASDAQ:TSLA . Looks like an inverted H&S to me, and it's just breaking out, making it now a complete one. MACD also showing bullish sign as it breaks the downtrend line. Nice R/R setup this one.

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BINANCE:DOGEUSDT daily chart: breakout from its down channel.

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Here's BINANCE:ETHBTC daily chart. I see a bottoming in progress. Divergence in play & price start showing effort to climb. Watch that level, if break, then ETH could accelerate against BTC. Watch & see.

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This is weekly ICEEUR:NCF1! chart. The EMA is crossing & MACD is flirting with the base line, trying to enter bull zone. If simply looking at history, last time we had this setup was in 2021. Look at how similar the EMA & MACD setup back then & see what happens next. Bullish for COAL & coal miners.

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SP:SPX has completed its cup & handle pattern. The price target would be 6200, let see if it could find the needed fuel. Stop loss is simple: at the breakout line.

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TVC:PLATINUM seems ready to go higher as it successfully retesting the downtrend line. As with other commodities, the theme here is China's effort to boost its sluggish economy with its money printer.

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Daily chart of PEPPERSTONE:NICKEL showing a bullish move with the price is breaking out the mid term downtrend line which was since May 24. Watch also for potential double bottoms the price is currently making. I believe Nickel & other commodities will benefit from China move in flooding its economy with free cash. Bullish.

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This is 4 hour chart of CRYPTO:SOLUSD . For all master of chart pattern out there, can we classify this as a cup & handle ?

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TVC:DXY is breakdown the lower channel boundary with price target 99-ish.

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Interesting to see how NASDAQ:NVDA is silently trying to form an inverted H&S, just need the right momentum to complete the pattern. Until then, wait & see....