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BYBIT:BTCUSDT.P / BYBIT:BTCUSDT / CRYPTO:BTCUSD Bitcoin/BTCUSD has recently hit the resistance level of a pattern that has generally held true since mid March 24 (4 preceding resistance and support confirmations). Furthermore, it has started a return downward move following on from a 3 day filter for confirmation of the resistance level (an example of how...

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BTCUSDT has remarkably been respecting a slight megaphone chart pattern for nearly 6 months now since mid March 2024. It has respected the upper and lower trend lines of the pattern approximately 4 times each. Additionally, the rsi is also at the oversold bottom level. Technical chartists usually say that price action is most important of all the indicators, and...

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BTCUSDT has remarkably been respecting a slight megaphone chart pattern for nearly 6 months now since mid March 2024. It has respected the upper and lower trend lines of the pattern approximately 4 times each. Additionally, the rsi is also at the oversold bottom level. Technical chartists usually say that price action is most important of all the indicators, and...

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BTC is in a parallel channel, bullish in a flag pattern. Based on this, the next impulsive move would be a approximately 20k (roughly height of the flagpole) one taking it to, depending on the point of breakout, approx 80k. But does anyone really believe or expect this in this current economic climate (Europe in recession, US tech job losses?) 20k, really? The...

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For NASDAQ:MVST , wait till a day after the quarterly results are out (01 Apr 24). If the price is heading down from that date and the resistance level, then wait until either the RSI is at 30 or the price reaches $0.55. And then start DCA for a long term hold. If after the quarterly results the price starts a flag pattern, see the trend of the RSI and start the...

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NASDAQ:TLRY is approaching a resistance range and is at the top of a W pattern. It's rsi is also overbought above the 70 level. Volume is also trending upwards and has reached the level where the previous volume high (and price trend reversal) was. The trading opportunity is around the 3 scenarios shown in the chart, with, due to the technical indicators...

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NYSE:SMR is approaching a potential entry point for the start of a DCA strategy for a long term hold. SUMMARY Wait to see where the price moves. Using a combination of RSI reaching 30 and the price falling to (with a 3 day filter) around $4 or if the price continues to fall then around $2 (another 3 day filter at this level too), begin entry with a DCA...

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Doge is in a declining parallel channel. Awaiting breakout of the channel, and clearing the moving averages will setup a long to 0.96, then 0.108 and 0.146 resistance levels. The rsi is also supportive of such a move with it currently trending upwards and not in an overbought position. The MACD is also beginning to trend upwards with the MACD line crossing over...

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BTCUSD has been in a rising channel since mid December 2020. It has, remarkably, maintained this rising channel and issues the channel's lower trend line as support around 4 times - this further providing evidence of channel integrity and lower trend line support. Currently the price is approaching the lower trend line support and has a little more to go down...

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Volume for BITFINEX:XRPUSD has spiked when the price reached the bottom of the channel. This volume didn't increase during previous falls. This is signifying that at this level bulls and bears are tussling for control over the price. If the price breaks through the W formation, then it will be a good entry point for a scalp till the top of the channel. The RSI...

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Prices are approaching the 50 DMA, which historically has provided suport to the price. Furthermore the 50 DMA is also converging with the neckline to add further support to this level being a suport level for the price. Additionally the RSI also has found support at the level it would reach when the price reached the 50 DMA. This sets up the following: prices...

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Tron/USD pair TRXUSD is primed for an advancement in the next leg of its movement. It has had a major move downwards where it bounced if it's 50 DMA. Since then then, it has moved upwards and it now trading in a symmetrical triangle. This shows buyers and sellers taking profit and entering positions. Furthermore, just like a textbook symmetrical triangle, the...

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Falling flag following a rising pole showcasing a classic bullish pattern. Awaiting confirmation move above the falling flag channel for entry point. Preference would be to trade with the confirmation breakout move accompanied by large volume showing the market supports the breakout and a general bullish move. Risks are that rsi is trending down and volume is not...

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Further decrease of price into the falling channel and a breakdown price below the lower channel trend line will signify a bearish pattern. Best to await confirmation if the price goes into the falling channel. Recent quarterly results have been very bad - missed target by 26%, declining revenue and no forward guidance provided either. No potential of DMA...

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Quarter my results due the next day may provide indication of next move. Price is showing support at the 50 DMA level. If it bounces up, and with volume higher than recent, good chance price is moving up, especially if Q3 results are positive. If price falls below 50 DMA, then next support level would be upper trendline, where we will have to see if that provides...

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The 50 (Green) DMA is approaching crossing under the 100 (Blue) DMA. If this goes ahead, this would trigger a strong signal that BTC will be heading lower. With the RSI also close to the over bought level, this adds another signal/metric for an impending downward trajectory. The price has also remarkably followed a supporting trendline for over a month. If a...

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This is a follow up idea to the idea I previously published a few days back on tradingview. In this idea I discuss how, following a trendline analysis, a new trading pattern/price trend for tesla will be emerging within the next few days and how this might set up a few trading scenarios this/next week. It is likely that we will know the trend for this stock for...

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This is an idea about when to sell Tesla shares following on from the split and subsequent price fluctuation. --- Summary - TL/DR: For a trading position taken near the recent trough in price (around $329 on 08 September 2020), $427 is a balanced exit price, based on recent trend lines , that reasonably protects profits and avoids a potential bear trap driven by...