If price can break and close above the downward trendline we can have price action to the 11.20 area and then possibly to the orange 200 EMA 11.80 area. However, if we have price rejection at the downward trendline; than we might have possible price movement to the purple 50 EMA at 10.59 or below. Please be careful and watch out for fakeouts and after market...
We have price hovering above the 200 EMA and a key level around the 391 to 396 price area. Also, we have a possible piercing line candlestick pattern. Oscillators are in oversold regions. Chris Moody MACD is in the red zone but possibly could shift green. If price fails the 200 EMA we might have price action towards 346.68. Be careful and if the markets are too...
Price is at a make or break point at 10.70, where if price does not hold it may return to the 10.05 area the bottom of the range. If price overcomes the 10.70 area price may rise to the 10.99 or 11.40 targets. Oscillators levels are healthy and Chris Moody MACD indicator levels are healthy, price previously had two successful consolidations and break outs. There...
BTC is dropping it recently been in the news and because of the tariff venture and also there was supposedly recently social engineering attack. But if the FVG and Demand area don't stall BTC, we might see a return to the 60K region.
Is SOFI heading to 6.70ish price range? are we in the mark down phase of the Wyckoff Market Cycle? Hopefully not! we need some motivation to get back to the 14.00 price range for a fighting chance. Please see chart for visual reference.
Good day Team RGTI is facing a downward trendline and facing resistance from the 50 EMA, price has to break the ascending triangle and the 50 EMA at 7.71 and the volatile news and if it beat those factors it has to face off against the 200 EMA and the downward trendline at around 8.21 to hopefully touch 8.91. If price breaks below the ascending triangle possible...
Anything could happen next week but per the chart we may possibly have and head & shoulders. Also notice price breaking down below the 10 EMA with significant volume. Possible Entry Breakdown of $10.65 (or retest rejection) Possible Stop Loss Above $10.80–$10.85 (right shoulder / 10 EMA buffer) Possible TP1 $9.99 (psychological) Possible TP2 $9.68 (previous...
I hope all is well. Price appears to be moving in a downward parallel channel, price has appeared to resist the 200 EMA(34.98). If price breaks the 200 EMA, we may have bullish activity but if price continues to reject the 200 EMA 34.98 price may cycle down to the 50 EMA (33.42). Please view chart for key levels and for visual representation please be careful...
Good day Team: Shib is in an ascending triangle and needs a strong breakout from 0.00001337 to start a short term upward trendshift, even then it is still under the 200EMA and 50 EMA so long term trend will still be bearish until those levels are broken. Be careful and watch for the breakout of the triangle.
The QQQ has been respecting the 50 EMA since 2023 and has been forming and upward parallel channel, but now the QQQ is testing hard the 50 EMA, the price is hovering right below the 50 EMA; however, price still closed inside the hypothetical upward parallel channel and in a flip zone with wick candles. Keep your eyes on price action and the channel and the flip...
Good day Team: The market has been moving quite mercurial lately. On the daily on the triple Q we have consolidation that can determine price action upward for the buyers and downward for the sellers. However, we may have some confluences that may possibly favor the buyers. ✅ MACD (CM_Ult_MacD_MTF) Histogram is turning positive, signal lines crossed bullish. ✅...
Good day please see chart for key level and visual representation of the flag 📌 Hypothetical Strategy ✅ Momentum Entry (Bullish Breakout of Flag): Condition :Detail Trigger :Close above $30.50 with bullish candle and volume and clears possible flip zone Stop Below $29.50 Target 1 $31.50 Target 2 $32.27 (key resistance) ✅ Value Entry (Pullback to 200 EMA /...
🎯Hypothetical Strategy Direction Entry Type ✅ Short Value, Entry Trigger: If price retests $8.50 & rejects again Above $8.60 Stop Target $8.20 → $8.00 or if price breaks below the 50 EMA ✅ Long Momentum, Entry Trigger If price closes above $8.58 (200 EMA) with bullish candle Below $8.45 Stop Target$8.93 → $9.20 🔔 Right now, the chart leans bearish bias under 200...
Optimal Trading Strategies Based on Key Levels ✅ Bullish Scenario: If Price Holds Above $0.30 Entry: Above $0.31 (Confirmed breakout). Stop-Loss: Below $0.27 (Invalidation). Target 1: $0.40 (Key resistance). Target 2: $0.51 (ChoCh & major trend reversal point). Risk-to-Reward (R/R): 3:1 or better. ✅ Best Confluence: If price retests $0.30 as support after...
📌Ascending Channel ✅ Bullish Strategy (If Price Holds Above $9.60 Support & 50 EMA) Entry: Near $9.60-$9.71 (Confirmed support hold). Stop-Loss: Below $9.30 (Invalidation of support). Target 1: $11.22 (ChoCh Level). Target 2: $12.34 (Major resistance & key level). Risk-to-Reward Ratio (R/R): 3:1 or better. ❌ Bearish Strategy (If Price Breaks Below $9.60 EMA &...
✅ Bullish Case (If Price Holds Above ChoCh - $12.39) Entry: Above $12.50 (Confirmation of 50 EMA break). Stop-Loss: Below $12.30 (Invalidation of ChoCh). Target 1: $13.07 (Key Resistance). Target 2: $13.46 (Major Resistance). ❌ Bearish Case (If Price Falls Below ChoCh - $12.39) Entry: Below $12.30 (Confirmation of failure). Stop-Loss: Above $12.50...
On the 10Day Chart price had a serious correction, investors want to know is it over. RSI is kind of bearish/neutral. Stochastic RSI says there is more room for price to decline. However, we have a high wave candle in a bullish FVG zone with price rejection around the 11.00 price range. On the 10Day Chart we are going to need price to clear 13.55 price for more...
Good day team, good job RGTI holders this past Friday, but please be careful because in a few days if price follows this downward parallel channel, price may decline and if it does breakout the parallel channel it has to overcome the 13.07 price range for good long term bullish action. Please look at 10 Day chart for key levels.