The Dow seems to be at a support level, if the support holds, the uptrend is likely to continue
BINANCE:BTCUSDT COINBASE:BTCUSD Hello Dear Traders. 🔴The market has reached the end of its suffering range and our team's holiday break is nearing its end. ⚡️ In this post I will track the BTCUSDT movements as long as it stays inside the Box. 🔴The past few weeks, the pressure of market volatility was very high and we needed a break. We will review the...
Quilter is moving into a long weekly cycle, currently in week 42. Price is also seeking a yearly low, the last was the COVID low and we are well below that level. Ideally we want price to go below the previous weekly low (R16.61), this gives a good runway to the upside. The dashed pink line is where we will have confirmation of a weekly low by closing above this...
It seems that due to the maintenance of conditions by the Federal Reserve, the possibility of further price reduction is possible
I'm looking for key support of 65541.11 to hold, and for a daily higher high to complete an impulse wave off 56547.64 low. The regular flat that ended at 56547.64 seems too shallow for a wave 4 or a wave 2 of higher degree. If we continue to impulse higher, my primary bullish count will have this be a 5th wave extension, to complete a primary wave 3 around...
Back above the daily Cloud for COIN with a successful Falling Wedge breakout. Recent US regulatory clarity on ETH ETFs also positive news as COIN will be the custodian.
With NQ1! reaching higher highs on the monthly, it adds to the wave ((5)) impulse off the October 2022 low. It suggests we need to finish a smaller impulse, have a correction, and then one final impulse to reach a top for the market. Price target is the median line of the pitchfork, and bulls are very likely to get it at some point. In summary, I have NQ1! in...
Very intriguing bullish setup for ETHUSD and ETHBTC. ETHUSD holding support at .618 Fibonacci drawn from pivots at 4093.88 and 2100. There are different bullish counts that can be drawn from 879.80 low, will know more if price gets above 4093.88 and how price moves above that resistance. ETHUSD move may be magnified by bullish ETHBTC setup, if low of 0.04474 can...
TSLA kangaroo still boxing/ hopping inside the ring (triangle) since end of 2021. Strong support if there was a pullback toward 186 +/-. Which is confluence zone of 1) POC of Volume Profile (red horizontal line) 2) 233 weekly EMA (white MA Line) 3) Pitchfork lower channel (blue).
BINANCE:BBUSDT BINANCE:BBUSD 📈Quick BBUDT 2H Long Setup📈 ⚡️long position with mid-risk status.⚡️ TP 1-2-3-4 and SL are on the chart. The Alternate scenario: If the price stabilize below the Bollinger midline, the setup will be cancelled ⚠️Don't forget to de-risk your positions.⚠️
Volatility is near record lows. Low VIX is often associated with market tops. 0day options have been pushing VIX down further than normal though. Judging from the many solid candles on the monthly chart, the month often closes near tops and bottoms. So there should be plenty of time. The writing is on the wall. But it would not be surprising to see stock prices...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. ⚡️ In this post I will track the BTCUSDT movements from 11 Apr - 18 Apr. 📈 What to Expect Next? 💡The price of Bitcoin is in a vital situation. As long as the price is above the BB midline, the bullish scenario is quite valid. The bullish scenario targets are on the price chart. 🔑Key Insights: The...
AAPL still forming a triangle pattern. Probably a -14.90% drop by end of May ( so sell in May still working") or early June.
Hartalega still trending up to cycle high 4 ( purple ) which is only due at end of year by average (near yellow vertical dotted line) . So how "hi" can it goes?!
It was said in chat 8% rise in gold predicted this year. I drew these lines on in Feb, and although $3500 by August sounds a lot, the chart looks ok. Again, just a bit of fun for the scrapbook.
It seems that due to the news, the upward trend has lost its strength, if the resistance is maintained, there is a possibility of a fall
Gold probably is forming an expanding ending diagonal / wedge pattern now while waiting for US CPI on 15 / May/ 24.
XAUUSD's last roadmap toward 2390 +/-. before 2150 +/-. Price currently at the last leg wave (C)(green) of expanding flat (A)(B)(C) pattern in wave B (Yellow Circled). Price/Market Structure Probably tell us somethings "Big" gonna happen on this 15/May/24 US CPI data...