Evening Traders, Today’s analysis – BTCUSDT – trading below its current Daily S/R where a rejection is probable, Points to consider, - Price Action Impulsive - Daily S/R Resistance - Dynamic S/R Resistance - Swing Low Objective BTCUSDT’s immediate price action is trading below the current Daily S/R allowing for a short bias. The Dynamic S/R has been...
Hi folks! Please see linked posts for my take on macro and T.A. on BTC. I am extremely bullish on DOT and ADA long term, but this market state is scary. Anyways - there might be good trades at the next bottom if we see div and the stock market holds up it end of the Bargain. I wish you all well 😀 DYOR. NFA.
Trend: Short term bull trend: Structure: Trend line breakout with retest of support level Plan: Price has broken out of its bearish trend and is now testing a level of support. If price respects this level we can expect a move to the upside
We dont really post trade ideas as we are day traders and most of our trades are pretty quick, but since we have a little extra time right now we are sharing this WTI short. We believe there are good to great indications that WTI could achieve a small reversal in its up trend and move closer to the 10 day EMA (purple) We are in a strong uptrend, but we have...
Bullish Divergence on a series of oscillators. Pulse formed on the LT Pulse.
If one hour close close cross, then gold may stop falling, see the green rectangle 1, and then callback. The current price is around P point in the week. We need price behavior as a test.
Do long, and then short, the price hit within the month P strong support, is expected to stop falling. Target green rectangle.
The situation is quite simple on PLTR: We have an ascending triangle, and to the side it breaks, it’ll be good. If it breaks downwards, which is something the RSI is telling us it’ll do, the 23.50 is the target. The 4h chart is a little bit more pessimistic, because PLTR has no supports aside from the fibs retracements. I’m not sure if PLTR can drop to the...
As a request from my buddy @ke-3a, I’ll analyze PTON today! In the 30min chart it did break the 104.50, a pivot point, and reversed the sentiment nicely. Now, it may seem PTON just hit its target at 110.56, and is starting to look overbought again, as the RSI is quite high too. But this is not true in the 4h chart. The chart is pointing up, and the momentum...
I've closed my long position this week to early as I expected some profit taking today. This has not happened. Moderna seems to be unstoppable like Covid-19. A new weekly high gives hope for further gains.
Looking at the daily Squeeze Momentum, the ADX and the triangle I think we are going to look for the 55 session average.
As we see , 1inch forming rising wedge and has a bearish divergence on it's MACD. 1inch may goes down
It hasn’t always been a smooth ride, but Twitter has chopped higher since the fourth quarter. Now it may be poised for continuation to the upside. The bulls started logging on to the social-media stock in February as enhancements like direct-response (DR) advertising and mobile application promotion (MAP) drove engagement. The earnings have been mixed, especially...
Bear divergence is present on the detrended price oscillator indicator Stochastic is over bought and trending downward. See chart for take profit and stop loss zone.
Evening Traders, Today’s analysis – EURAUD – breaking out of its rising channel where a deviation back is probable, Points to consider, - Price Action Impulsive - Rising Channel Broken - .618 Fibonacci objective - Low Volume EURAUD’s immediate price action is trading with an impulse sell, a deviation back into the .618 Fibonacci will allow for a short....
Volume oscillator is approaching a low not seen since 30th May, while Chaikin oscillator I just crossed zero, a bullish sign. Frequently the Chaikin oscillator loses momentum shortly after a zero cross, so the cross in itself is not proof of a reversal. A reversal of the volume oscillator from these low levels could be bullish, but I’m not seeing that yet.
We saw many happy faces last week as QES broke its ATH and closed strongly with 16% gain on Friday. Some were highly bullish to say that the rally could possibly sustain up towards RM1 in the next few weeks. Based on our wave analysis however, we think things might turn out otherwise. Our wave count suggests that the recent rally might be in fact wave (b) at work...