There's some big tells in what COINBASE:HBARUSD could potentially be getting ready to do so lets break it down on the Daily Chart! Since the High on Dec. 3rd @ .392, Price has steadily been forming what looks to be a Descending Triangle while finding Support in the ( .25 - .23 ) cent range. Bearish volume building and RSI going from Overbought to currently...
FX:USDJPY starts 2025 in what appears to be a Falling Wedge, but following the 50% Fibonacci Retracement based from the Low @ 148.639 to start December 2024 to the High @ 158.874 last month, Price seems to may be ready to setup for a Bullish Break of this Pattern. To see if FX:USDJPY has truly Broken Out of the Falling Wedge, here are some signals: 1) While...
Last week we saw FX:GBPUSD attempt to Break Above the 1.25 Resistance Zone that its been struggling with since November 2024 and was sent back down underneath following the Fed's decision to Hold Interest Rates. We can see that Price so far seems to be following a Head & Shoulders layout where Price now is declining down to the Low that formed the "Left...
Price has rallied quite a bit for OANDA:USDCAD since its last visit of the Rising Support @ 1.34189 and we currently see Price showing quite a bit of exhaustion at the March 2020 Highs @ 1.44664! This exhaustion comes in two Reversal Patterns: Advance Block - 3 Candlestick Reversal Pattern + (Bearish Confirmation Candle) Hanging Man - Single Doji Reversal...
Cardano made an impressive 315% gain from the Low on Nov. 4th/5th @ .32 to the High on Dec. 3rd @ $1.32 following the Pro-Crypto Republican won Presidential Debate with not only BINANCE:ADAUSD seeing this kind of Rally but across the entire Crypto Market! Since that High, Price on Cardano has slipped into a Consolidation of what seems to be a Pennant Pattern...
Having a Clear and Precise understanding of whether you're dealing with a Breakout or False Breakout can help you: 1) Find potentially profitable opportunities & 2) Avoid making risky investment moves! Also knowing how to Confirm Trend Change can: 1) Rise probability of profitable trades & 2) Limit the total # taken! So today, I lay out the tools, indicators...
Wave 1) Low @ $110 to All Time High @ $264.63 - Wave 2) Golden Ratio Retracement from ATH to $169.22 - Wave 3) Price Exhaustion around $323.54 After Valid Break - Wave 4) Retracement to Previous Break of Structure - Wave 5) Final Leg Before Correction - The announcement of the Official Trump coin being launched has started an interesting turn of events...
Lets break down NASDAQ:HOVR on the Daily Chart! Price from Mid-Sept to Early-Dec outlined the "Bowl" of the Cup and on Dec. 11th, Price made the Retracement to the Golden Ratio Zone to start the "Handle"! Today we have Price printing a STRONG Bullish Candle Breaking the Confirmation of the Cup & Handle Pattern @ .8799! Fundamentally, NASDAQ:HOVR secured a...
BITSTAMP:XRPUSD has been Consolidating just above the April 2021 High @ $1.96 and shows potential of forming a Pennant Pattern! What does this mean for 2025?? Lets break it down Resistance Zone: ( $2.90 - $2.60 ) Support Zone: ( $1.96 - $1.76 ) So far Price has made 2 Tests of both the Falling Resistance and Rising Support and 3 Tests is what usually Validates...
Here I have COINBASE:XLMUSD on the Daily Chart. Low - .089449 High - .63445 Since the High, Price has been forming a Falling Wedge where we see Price Retraced to the Golden Ratio Zone @ .31339 where it tested the Falling Support then to find more Support at the 50% Fibonacci Level to now be currently Testing the Falling Resistance! If Price can generate a...
Here I have NASDAQ:PLUG on the Daily Chart! We can see that Monday, November 4th gave us a Very Bullish break to the Falling Resistance Price has been contained by forming the Wedge Pattern and with the Bullish Volume following the Break, gives this pattern a Bullish Bias after the strong decline since Jan. 2021. The push for Greener and Cleaner way of Living...
Here I have AMEX:BATT Amplify Lithium & Battery Technology ETF on a Multi-Timeframe Analysis with a Monthly & Weekly Chart! Technicals: Starting with the Monthly Chart, taking the Fibonacci Retracement Tool from the All Time Low @ $5.91 to the All Time High @ $20.78, we see that the Selling Pressure is waning with the Price Exhaustion happening in the Fibonacci...
Here I have NASDAQ:LCID on the Daily Chart. Price has been wrestling with the ( $2.55 - $2.30 ) area all 2024, but with the new Gravity SUV finally in production: www.tradingview.com along with tension easing from speculation on what the Trump Administration plans to do with the EV Sector: www.tradingview.com We could see Price on NASDAQ:LCID take...
Before BITSTAMP:BTCUSD can continue to make more All Time Highs, Structure must be created to sustain Higher Prices by testing Previous Levels! These levels consist of a Potential 20 - 30% decline or roughly GETTEX:29K - $21K drop in Price, impossible?? Two Reasons why it may not be: 1) South Korea's temporary Declaration of Martial Law seen Bitcoin Price...
Let's break down what I see on COINBASE:XLMUSD on the 4Hr Chart! Based on the Rally from the Low @ .089 to the Multi-Year High @ .633, we can see Price fell into a Pennant Pattern, First making a Retracement to .425 or the 38.2% Fibonacci Level to find Support then found Support again at .505 or the 23.6% Fibonacci Level. Price has given us a Break of the...
Here on COINBASE:SHIBUSD we can see recent Price Action is outlining a Triangle Pattern having Pushed up through the Sept. Highs after the Pro-Crypto Trump Administration won the Presidency, and being rejected from May Highs! Price has been able to find Minor Support in the .000023 - .000022 area, but based on Tests 1 and 2 of the Falling Resistance showing...
Lets break down CRYPTO:PEPEUSD on the Daily Chart! After Robinhood & Coinbase listed CRYPTO:PEPEUSD on their platforms, we see the accumulation of Trading Interest rise which helps push price up, breaking the Highs of May! Since having created the Higher High @ .000025676, Price has been falling and seems to be creating a familiar Bullish Pattern called a...
BITSTAMP:XRPUSD - Bull Flag Prediction Based on lack of Volume and price falling into a Descending Channel. The suspected Flagpole from the Low @ .4860 before the Rally to the current High @ 1.26541, suggest a potential 160% increase in price once a Bullish Break confirms the Bull Flag! First, Price will make a Retracement to the 38.2% Fibonacci Level,...