Abmoon

Abmoon

After failing to claim resistance mentioned in analysis before, uptrend line (white line) is broken and the price fell to the support. If price will accumulate above this support that would be bullish sign and we could expect new test of the resistance at 1.10 (red line). If price cointinues to fall down then next resistances could be two greeh dashed lines at...

Abmoon Updated 

We have seen big drop in US Dollar Index last weeks and that formed new downtrend. Now price has bounced from support line (green line). Below that is EMA 100 and I think it is currently playing big role because if we see price closed below it that would be very bearish for US Dollar Index. If we see price going up from this spot then next important points where...

Abmoon

Nothing much changed since last US Dollar Index update. Price is still below downtrend trendline (red line) and it has chance to break it. In that scenario next two potential resistance zones are two red dashed lines (103.08 and 105.25). Red line (101.94.) should act like support after the breaking downtrend line). If we are going to see rejection from downtrend...

Abmoon

Nasdaq price is currently in parabolic growth and indicators are showing strong uptrend. Next resistance is market as a yellow zone and breaking above it is needed for continuation of growing. In case of retracement which is very likely here, first two stops could be green dashed line and red uptrend line, after that there is orange uptrend line. Below that we...

Abmoon Updated 

Nasdaq price recently broken uptrend line (yellow line) and resistance zone (green zone). This could indicate beggining of the market recovery, but for this we need more confirmation. Price is currently above EMA200 and staying above is crucial for bulls. Another important level to watch is green zone which could now become support zone and if the price manage to...

Abmoon Updated 

Dollar Index is approaching support level (red zone) where is possible that we are going to see accumulation or bounce. Currently we are in downtrend (green line) and MACD, RSI and other indicators are confirming bearish bias. In case of going up from this zone it is cruccial to break above two dashed green lines that could act as resistance. If we see full candle...

Abmoon Updated 

Nothing much changed since last weekly update.US Dollar Index is still losing the strength after breaking trend line (yellow line). Chart and indicators are showing solid bear momentum. If you are looking on larger picture it is still unclear is this bigger correction or is it start of bigger drop in US Dollar Index. Price is currently in support zone (red zone)...

Abmoon

Nasdaq is currently in strong bullish impulse and recent drop in US Dollar Index made this uptrend stronger. Nasdaq price broke above EMA 200, MACD and RSI are pretty bullish and that suggest us that price could attack next resistance zone which I expect to be around 12328 (green dashed line). In case of price retracement we have few support zones (green zone and...

Abmoon

NASDAQ price retested broken downtrend (white line) and now it is approaching resistance zone (red zone). We clearly see strengthening of the bullish bias, but for full confirmation of that it would be good to see same picture on bigger TF. I am expecting that the price will reject from the resistance zone and then I will look for entry triggers for opening short...

Abmoon

Dollar index broke uprend (yellow line), but there is still some time needed to be sure that we are in strong downtrend (red line). Price is going to the support zone (red zone) where I expect some price action or even considalation. If price will broke support zone, next stop is at 100 (green line). If price will go up we can expect resistance at 104.65 (yellow...

Abmoon

On the weekly chart Nasdaq is probably going to test downtrend (yellow) line and that could indicate beggining of the market recovery. After that the next step would be reclaiming 11967 resistance zone (red dashed line) and then we could talk about some serious recover. Also price formed new possible trend (red line) that also indicates some bullish...

Abmoon

NASDAQ price is trying to break downtrend line (red line) and it is going to be interesting to watch daily close. MACD and RSI are bullish and price is above EMA50. It is possible that it could go even higher and that we will see some price action around 11630 (yellow line). In case of price rejection of the downtred line it is likely that we can see some price...

Abmoon

After today's Consumer Price Index release we have seen big drop in Dollar Index and now it is in strong downtrend (green line). MACD,RSI and all EMAs are showing bearish momentum. I expect that price will go to the support zone (red zone) and I will look there for opening any trades. On the other side we have resistance zone (blue line) where I am also looking...

Abmoon Updated 

Dollar Index is currently testing uptrend line (blue line) after one big uptrend and this could be just another correction if you are looking on very big time frame. Price got rejected 2 times from EMA 200 in last 40 days after it broke under it. MACD and RSI doesn't look very strong so be careful with your longs. We have resistance zone (red zone) and there is...

Abmoon

On higher timeframe NASDAQ is in bearish bias, but currently it is possible that trendline of the downtrend (blue line) could be tested. Yesterday we had bullish macd cross and if we see RSI over 50 after today daily candle closing that could be good sign for bulls. On the other side we have support at 10688 (green line). I am not looking for any trade right now....

Abmoon

WAX (WAX) is one of the newest coins which I started to follow and invest in. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4,5 and 6 very soon, that could be year(s). I will sell most of my capital on targets 3,4 and 5. Small portion will be sold on Target 1,2 and 6. Entry Zone: 0.0441 – 0.0742 Target 1: 0.36 – 0.38...

Abmoon

Trilium (TLM) is one of the newest coins which I choose to invest in. I like this project very much because TLM is token that is used in Alien Worlds Metaverse. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4,5,6,7 and 8 very soon, that could be year(s). I will sell most of my capital on targets 3,4 and 5. Small...

Abmoon

Litecoin (LTC) is another ''old school'' coin which I bought long time ago. Price is now in good entry zone for those who would like to buy it. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4 and 5 very soon, that could be year(s). I will sell most of my capital on targets 3,4 and 5. Small portion will be sold on...