Close above $28 and its game on, if not we have a lot of altitude we can lose here. Note we are pushing up against resistance and printing TOP Signals as well as weaker colors. Tread lightly here and don't FOMO.
Keep it simple and play the levels as this plays our according to Rainbow Theory. We have a Range High and a Range Low marked by the pivots along with the rest of the tools showing you strength and exhaustion based on their colors.
Paypal has been bleeding out on H4, but the Rainbow Colors have been consistent as well as the TOP/BOTTOM Signals and the Pivot Supports.
Proctor and Gamble's massive run is coming to a potential end. Weakness is showing here with color rotations and TOP Signals printing. Massive 20% run, really good time to take some profits. Let us know what you think!
Ford meming, but being consistent with its colors and signals. Keep an eye out for a repeat: -Color Rotation into a hair line -RSI Xs color rotation into a hair line -Runner Bot to print TOP Signal Let us know what you think!
Ebay is breaking through its down trend and starting to show signs of retesting the trend. Rainbow Theory notes to keep your eyes on: -Pivot Support -Channel Walker Resistance Broken -Candle Color Rotation Let us know what you think!
Carmax is slamming head first into hidden support. Rainbow Theory is pointing out multiple items that should be noted. RAINBOW PIVOT ORDERBLOCK SUPPORT RSI X'S COLOR ROTATION COLOR CANDLE ROTATION RUNNER BOT BOTOM SIGNAL Keep an eye on this setup and let us know what you think!
Summary: Taking a look at Tesla compared to the COVID crash we saw in 2020. We are currently pushing harder down than during the previous crash. Rainbow Trends Signals: Machine Learning Reversion Bands - Approximate Same Level RSI Xs - Much hotter now than in 2020. Pink Xs are the highest level this tool prints. Pivots - No pivot in sight...
Tesla is bleeding out and looking for support. Pivot supports are listed as levels 1,2,3. We will have to keep an eye out on volume and color rotations to see if any level of support is committed to by the Bulls. Let us know if you have any questions.
Second crypto asset I've seen today get completely slammed with a pump and dump by the whales. Potential short if you managed to catch the pivots at the top that got wicked. Let me know if you have any questions!
Ethereum showing more strength than Bitcoin here, but it is still not overly bullish signals here. We are stuck in the middle where I don' like trading, but we are seeing higher lows........
Everyone off opening presents while #Bitcoin crabs sideways in the middle of the range. Maybe new years brings some volatility. Either way, this is boring chop not worth playing with IMO.
Rainbow Trend Tools are picking up a clear Pivot Order Block here on DOGE with multiple Pivots (dashed lines) along with a BOTTOM signal on the Runner Bot Algo. Time to pay attention and see if any Whale Prints (triangles) show up!
ZEC has broken out of its bullish Channel Walk and has had a very strong move from the Bear Whales hitting it to make sure it does not rally. Likely target is a swing low to wipe out the market and find support on the bottom Rainbow Pivot.
For the past year the Runner Bot SELL Signal has been on point for DJI on the H4 timeframe. If this rollover of strength from the Bulls continues we are looking at revisiting the $30,000 Support Block for this move. - Bullish Candle Color rotation to weakness. - RSI X Colors rotation to weakness. - Runner Bot firing off a TOP signal (sign of weakness). - Last...
Taking a look at the later stages of this Ethereum Range where price action is currently in the dead middle of the order blocks. Normally the middle range is something to avoid, but the Rainbow Trends - Runner Bot is firing off Bottom Signals here back to back. Regardless of your bias, this much action from the Bot is a sign to pay attention and set your alerts...
The SP500 printed a clear lower high on the H4 that was marked by multiple tings. 1. Runner Bot - TOP Signal Printed 2. Main Indicator - Candle Color Rotation showing Bulls losing strength. 3. Automated Pivots - Resistance was printed with a Pivot Order Block that started at $4,114. Price failed to break through this or even challenge it. 4. RSI "X" Markers -...
It is still early and we will want to the the main Rainbow Trend Indicator flip bullish as well, but this is a great first step of a potential breakout. Watching this closely. If you have any questions about my TA or the indicators used, please leave a comment below or send me a DM . All of my links are next to my profile pic :)