SHPINGUSD 1HR Chart Analysis Overview: This analysis examines the shorter-term price movement for SHPINGUSD on Coinbase. Price Action Summary: • On December 7th, 2024, SHPINGUSD reached new highs for the day but subsequently entered a downtrend, dropping below the 50-day EMA over the next two days. • Over the past three days, the price consolidated...
SHDWUSD 4HR Chart Analysis Overview: • Release Date: Mid-April 2024 (Coinbase). • Initial Trend: Entered a step-down downtrend from release through October 2024. • Current Context: Found a potential floor at the beginning of November 2024, followed by a sideways movement during the month, suggesting accumulation. Pattern Formation: • Reversal Pattern: Price...
VELOUSD Daily Chart Analysis VELOUSD has exhibited distinct market cycle phases, presenting a strong bullish setup . Key Observations 1. Market Cycle Phases: o From April to July 2024, price underwent a steep downtrend, indicative of a distribution or markdown phase. o Between July and November, price transitioned into an accumulation phase, consolidating within...
ZETACHAINUSD Daily Chart Analysis Overview: ZETACHAINUSD is a relatively new coin on Coinbase, launched at the end of September 2024. Chart Pattern: • The price has been trading within an expanding triangle pattern, with well-defined support and resistance levels. • Currently, the price is sitting at a support level, suggesting a potential reversal. ...
KARRATUSD Daily Chart Analysis The chart for KARRATUSD suggests a bullish opportunity with strong technical confirmations. Here’s the breakdown: Key Observations 1. Bottom Formation and Breakout: - Price formed a bottom in September 2024. - The breakout from that formation saw a volume spike and expanding MACD momentum, resulting in a price surge of just over...
BONKUSD Daily Chart Analysis • Background : BONKUSD was introduced on Coinbase in December 2023. From its launch through November 2024, the price consolidated within a symmetrical triangle pattern . • Breakout: On November 10th, 2024, the price broke out of the triangle with massive volume, soaring as high as +140% from the breakout point. • Current Setup...
MOBILEUSD Daily Chart Analysis Timeline of Events: • February 2024: MOBILEUSD launched on Coinbase. • March–October 2024: The coin entered a prolonged downtrend. • November 2024: o Found support and consolidated sideways. o Increased volume at the end of the month pushed the price to resistance, supported by the 20-day EMA. • December 2024: o A surge...
FOXUSD Daily Chart Analysis • Between December 2021 and June 2023, FOXUSD experienced a massive downtrend, consistently trading below the 90-day EMA. • In mid-June 2023, the price began to stabilize, moving sideways along with the 90-day EMA, signaling a potential accumulation phase. • At the end of November 2023, the price broke above resistance, resulting in...
A8USD Daily Chart Analysis The chart for A8USD displays a classic bullish reversal pattern, signaling a strong potential for upward movement. Here's the analysis: Key Observations 1. Pattern Formation: o Between October and November 2024, price appears to have formed a bottom, creating an inverted head and shoulders pattern. 2. Neckline Breakout: o At the end...
RGR Daily chart analysis RGR experienced an uptrend between March and August 2020. The uptrend was broken in August, leading to a sideways market / distribution stage that persisted for the next two years until August 2022. Following this, the price broke down from the sideways market, entering a downtrend with a sharp move down and finding a bottom at the end...
INTC Daily Chart Analysis INTC has faced significant challenges for investors. It remained in a sideways market from November 2017 to May 2022, lasting almost four years. In May 2022, its 'sideways' market became a 'Distribution' stage as the price broke down, entering a downtrend. The downtrend was sharp between May 2022 and October 2022, resulting in a 42%...
The UK Central Bank Just Cut Interest Rates: What Can We Expect? Sometimes folks see this as a positive thing, but it all depends on the circumstances under which it is being done. Monthly Chart Analysis: FTSE 100 Index vs. United Kingdom Interest Rate If we look at the FTSE 100 Index, it's clear that the UK economy was in a strong uptrend between 1988 and...
HTZ Bout to catch a hurtin’ Daily chart analysis These jokesters went from filing for bankruptcy to owning a fleet of Teslas cars and having commercials with Tom Brady. Those covid bucks did everyone pretty good huh?! But if you look around, every company little by little has been taking back all those “Covid gains” and the “investor” has been the one paying...
BTC History likes to repeat itself. Weekly chart analysis Below I will be comparing the current BTC weekly chart VS weekly BTC chart of period Oct.’13 – Feb.’17 Both charts start with a Parabolic move upwards in price followed by a crash of at least -50%. The crashes forces BTC into a sideways market, which eventually broke towards the downside. This...
GOLD GOLD has provided a great chart to review the different stages of the market. The past 10 years, GOLD has showed us all 4 stages of the market: Distribution, Accumulation, Downtrend, & Uptrend. Daily Chart Analysis Gold went crazy December ‘79. A parabolic move took price from about 400.00 to about 870.00 That was the last move of an uptrend that lasted...
WFC WFC looking more like KFC to the bears. If you look at many of our banks and their stock charts, they have doe nothing but move sideways since the crash of ‘07-’09. Now about 15 years later, it looks like its time for the bears to finish off most of these banks and what we’ve known as our banking system. Was it a coincidence that Bitcoin was created 2008...
DKS "Long" Dicks are for chicks. Daily Chart Analysis Prior to Covid, DKS had lost its Uptrend and had been moving sideways since 2014. In 2017, the sideways range broke down signaling the start of a downtrend. At this point Price pulled back to previous support looking to turning it into resistance. Then covid happened. Price was blasted down all the way to...
RTY1! I sometimes wonder if people realize how bad things are going to get. Daily chart analysis RTY1! Reached all-time highs after the fake money covid pump. It then spent all of 2021 moving sideways in what turned out to be a Distribution stage. It entered a downtrend (under 200ema) to start 2022 and found support by mid-year. Now over the last 12 months,...