After a failed rally, it fell down the break the last low and is now grinding out a bottom. This looks like a good opportunity to long by buying small positions every week for next few months. There has also been a completion of a three-wave correction, which helps to further strengthen the case that this could be in the final bear stage.
COCOA has been in a consolidation pattern for multiple years now. Testing lower side of the pattern and upper side, now it's in a very confined range and the upper/lower resistance/support line are coming to agreement. It is trading above resistance now and this would make an ideal long-entry when buying the pullback on the now broken resistance line around...
In this chart the unit trend has been identified using the 1x1 Gann Box. Consequently the roots radii and the unit box represent growth limits based on the initial unit trend that has been established. By ensuring that the circle and the squared unit align the curvature becomes a valid support and resistance trajectory. The gann box has four corner points and...
Long signal on NATGAS! Bubble collapsed however it will still retest last low of wave (1) which around 3.44~ 4.13. On intraday there is also a head and shoulders pattern that got invalidated giving some additional significance for strength.
In the following chart on BTCUSD I'm trying to visually breakdown and identify certain emotional patterns that triggered break-outs. These patterns turn from resistance into support and seem to somewhat repeat. Could we see a similar H&S structure on this current local top? I'm no fortune teller, but with a good risk-management and strategically put positions we...
In the following chart some of the key features of the current trend are identified; including the mark-up of the wedge seen at the bottom, long-term support trend (in case price retraces), good entry zone based on break-out (buy the retest) and the various fibonacci levels for the major wave (ath to current bottom), first rally from bottom to local high and it's...
The bitcoin price violently exploded after the news was released that the SEC is prosecuting Binance and Coinbase.
Geometric approach in revealing trend angles based on halvings. I also want to see how much effect curves have on the future price, will we see any new resistance or support on these or are they just looking nice.
Ratio, ratio, ratios.. Halving of the price action is also a reflection that the momentum is losing speed with the square root. Vice versa it has to overcome those squared areas to 'exponentially' break free from those zones holding it back.
Study to see how circle ratios appear to produce effect in trading psychology.
COCOA as many other agriculture products are rising in value due to failed farming yields or public supply chain disruptions. Reward Risk setup is given and important key features like support, resistance, trendlines.
Greg Magarshak promotes the Safe Network ($MAID & $EMAID) to Richard Heart: youtu.be "Richard Heart, the well known Entrepreneur, has earned immense recognition as the founder of Hex, the world’s first high-interest blockchain certificate of deposit and PulseChain network. 2023 estimates mention that the Richard Heart Net Worth is around $14 billion. Popularly...
RSI trend hints towards another bearish wave. After a breakout on the RSI downtrend rally can resume up with strength, but currently still lacking signs of support.
Apple and other big stocks saw a massive boost in their value share. That growth is now coming to a halt and it will return to it's long-term natural lower support line.
Price not able to maintain support, now retesting 16550-16750 as primary support. Deeper target would be width of the large wedge but it's very plausible to make a higher low at later range and continue upwards. Good support at 15900-16150 and deep support at 14750-15300.
Gann box for GOLD and support angles. Last low to current ATH at 50% is how the box is setup.
Prior moves have always retested lows before another rally which is exactly what could be current situation and if not act accordingly. All is in the chart, expect major movement in October - November and now mostly sideways and bearish.