robertsrick1111

robertsrick1111 Nov 10, 2024

he Head and Shoulders Bottom is a major reversal pattern that forms after a downtrend. A completion of the pattern marks a trend change. The pattern contains three successive troughs with the middle trough (head) being the deepest and the two outside troughs (shoulders) being shallower. Ideally, the two shoulders would be equal in height and width. The reaction...

robertsrick1111 Nov 10, 2024

This is SUI on the daily candle chart. It has broken out of a cup and handle chart. Cup. The cup should be U-shaped and resemble a bowl or rounding bottom. A V-shaped bottom would be considered too sharp of a reversal to qualify. The softer “U” shape ensures that the cup is a consolidation pattern with valid support at the bottom of the “U.” The perfect pattern...

robertsrick1111 Jan 1, 2024

Solona has formed an Adam and Eve formation. The measured move is just above 116.00 per share.

robertsrick1111 Nov 1, 2023

Note that when the red line crosses above the orange line that is the confirmation that we have entered phase 2 of the bull run. We just confirmed the entry into phase 2 of market cycle. You can also see we build market structure and flip resistance as support each cycle. We have just broken through resistance. This may be a great entry point or you will miss out...

robertsrick1111 Updated  May 11, 2023

Once StochRSI hits bottom of triangle looking to add to position. I am a buying when there's blood in the streets.

robertsrick1111 Updated  Sep 24, 2020

Using the 3 indicators shown Chainlink may have bottom out at the 21 week EMA (Blue Line), it is oversold on the STOCH RSI and appears to have bottom on the MACD. It may take more time to consolidate before going higher but may be a good time to pickup some shares on the cheep. If it breaks below the 21 week EMA expect further down side with strong support at the...

robertsrick1111 Updated  Jul 26, 2020

XTZ has formed an cup and handle and could push higher by the depth of the cup, which is approximately 42% higher from its current price. XTZ has been lagging behind LINK and if its past history of moving in tandem with links is an indicator XTZ needs to catch up.

robertsrick1111 May 1, 2020

HBAR has broken out and now finds support on what was resistance. Next price target is right at .042.