I mean, let's be honest, everyone knows this pattern so I probably don't need to over-explain. But basically, GOOGLE is quite bullish to 142. The RSI on the bigger charts still have room to climb, and the smaller charts are all pretty high. The thing to notice is the rejection off a resistance trend, with a high short term RSI and a longer term RSI that is...
Today's focus: US30 Pattern – Diagonal Support – 38,135, 37,135 Resistance – 38,810 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the US30 on the daily chart. What a solid run we have seen till yesterday's CPI data. After US CPI came in hotter than expected, this shocked the market and led to heavy selling on stock indexes and...
Hello Crypto Traders!! Lets take a look at these two charts side by side. You'll notice that when the DXY decides to PUMP, Bitcoin decides to DUMP and when the DXY decides to DUMP, Bitcoin decides to PUMP. A massive long term strong bullish trend has finally been broken for the DXY and if it cannot find its way above the trendline, it will continue to DUMP which...
AVAX has retraced to the golden pocket Fibonacci zone and has held the level long enough to break through the downtrend. This in my opinion is bullish and if Bitcoin stays neutral or becomes bullish, AVAX should have a strong move up from this level. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs...
BINANCE:BANDUSDT As per my analysis, an inverted cup and handle pattern was formed in 1 hour of time.
BINANCE:LINKPERP In the 1 hour TF, we see a bullish trend starting. The bullish engulfing candle indicates that there is good strength for price to move higher. Link is expected to break the previous higher high.
Since JAN 22 we have been in a downtrend on US30, making LH's and LL's. Recently, a CHoCH formed, creating a new HH and a possible HL.
Gold based recently at major support and tested the 1615 area 3 times. This only served to reinforce the support (55-month ma, long term channel mid-point, 50% retracement) - see my video from October 17th We have over the last few days severed the downtrend that extends back to March. Attention is on the early October high at 1702 - a close above here will...
ASX:MIN Daily TF Waiting to see if Mineral Recourses Limited confirms the direction change & continuation. Off a Triple Bottom and Downtrend Break, the 2 remaining things I am looking for are Bullish Momentum indicated by RSI & price to break through Resistance Zone. This happened in a similar occurrence at the start of the year JAN-MAR. If it fails to break...
Hello Everyone, Today I have a Bitcoin analysis for you. Bitcoin has broken through the next higher resistance level and is on its way towards the 22,9k resistance level. According to our Elliot-wave count, the current trend should form a 5-part impulse wave which must break through the 22.9k to form a sustainable upward movement.
(Downtrend incoming on 15 min) Divergence + Trend Break No financial advice.
This trend break flagged for me, I think we might be looking at 25k heading into the next holiday (4th of July).
Welcome back! Here's an analysis of this pair! **EURNZD - 1 hr. breakout and retest, uptrend on 4 hr, price above 50 MA, and rejection on Daily. LONG! Good luck! :) We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click...
Let's start with the parallel channel formed since Jan 2022 (Red parallel channel). BTC has been moving within this channel till now. Important to notice is the Orange downtrend line breakout (orange circle) and then retest at the trendline yesterday (7/04/2022). Next, notice the short term bullish flag forming (blue bullish flag). BTC showed some bullish momentum...
We can see price has broken the bullish trend channel significantly and also has broken short term but significant support, we are aiming for the next level of support TP wise and further
Gold is on the rise back to the top.. Notice that the current swing low on the 1 hour timeframe did not break the previous swing low.. it rejected.. Buying power is in motion and we'll be holding to 1945
Showing extreme amounts of bearish divergence on the daily, breaking immediate trendline and bearishly engulfing on the daily a pullback to the $326 area seems likely.