Just verified from past trends but looking from May 17th and May 21st specifically to today, on 6/7 Friday we’re due for a pullback. 📉🔥 My projected pullback Targets are: To $165 to 163.05 then to 162.33 as long as there is no crazy news catalyst. At $165 you might see some chop which was normal from past trends. If targets hit and drop to the downside: my...
BTC1! on Daily - Bull Flag A bull flag is a bullish chart pattern formed by two rallies separated by a brief consolidating retracement period. The flagpole forms on an almost vertical price spike as sellers get blindsided from the buyers, then a pullback that has parallel upper and lower trendlines, which form the flag.
BTC1! on the 6 hr time frame has an Ascending Triangle. "An ascending triangle pattern predicts a bullish breakout above the resistance area, typically around the time when the ascending line of the triangle would intersect the horizontal resistance line. Ascending triangles form due to of accumulation following a sustained uptrend." Next projected target on 6hr...
BTC1! on 12hr Potential Triple Top rejection Hey everyone, I am anticipating a bounce for BTC1! for 11/22. The market can always change but this is what i see atm. The Double top was rejected on 12hr. Potential triple top after bounce to the upside of 38k and a pullback thereafter for a triple top formation. "A triple top is a technical chart pattern that...
NASDAQ:QQQ on 15min Falling Wedge However, the 50day SMA on the 30min as seen is going to be tested depending on what time frame you like to use, it will matter. Looking for stability for today. Ranges: NASDAQ:QQQ range for the day: $369-$373 as seen on the chart.
NASDAQ:QQQ Rising Wedge on 1hour "The rising (ascending) wedge pattern is a bearish chart pattern that signals an imminent breakout to the downside. It's the opposite of the falling (descending) wedge pattern (bullish), as these two constitute a popular wedge pattern." What are your thoughts? Thanks, Kelly
NASDAQ:QQQ Rectangle Pattern on hourly "A rectangle is a pattern that occurs on price charts. A rectangle is formed when the price reaches the same horizontal support and resistance levels multiple times. The price is confined to moving between the two horizontal levels, creating a rectangle. The concept of a rectangle is similar to a Darvas Box." Estimating...
NASDAQ:QQQ on 4hour Head and shoulders formation on 4hr and 6hr time frames. "The head and shoulders chart depicts a bullish-to-bearish trend reversal and signals that an upward trend is nearing its end." What are your thoughts? Thanks, Kelly
On 30 min there is a Double Bottom for BTC at this time. "DOUBLE BOTTOMS" A double bottom pattern is a technical analysis charting pattern that characterizes a major change in a market trend, from down to up. Notably there is also a gap fill as seen on the chart. I am expecting 2024 to be a good year for BTC imo. We'll see! What are your thoughts? Thanks, Kelly
NASDAQ:QQQ on 30min Triangle "A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown." Support and Resistance as indicated on chart. What are your thoughts? Thanks, Kelly
Rising wedge. All info is posted on the chart. Do you think it will hit the target? Comment your thoughts! p.s. I am back to posting charts! -Kelly :)
$SPY on 1hour Pullback $SPY to potentially touch next target of new support $387.48 $SPY did touch previous support marked on my chart from yesterday afternoons charting as noted of 1st support. I do think spy has potential to still pull back more especially since today is what we consider quad witching if you were in the stock market around 2020 or...
$QQQ has been playing in a range today. Some info to know. PPI data release was today. What is PPI data? The Producer Price Index (PPI) program measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some...
$QQQ on 1hour Potential Reversal to downside Just some quick TA. :) Looking for a pullback to $296.31 to $295 range as an estimation. VWAP is shifting and money is leaving as indicated by the red on my indicator. Despite the trend line i have noted to the upside from previous charting, there is long legged doji. NOTE: A long tailed djoi is a sign of potential...
$CVNA pullback to support 1st resistance: $10.70 1st support: $8.97 2nd support: $8.34 $CVNA potential pullback to support. Just saying :) What are your thoughts? Comment below! Thanks, Kelly
$SPY on 1 hour Double Top "What Is a Double Top? A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs." I charted this...
$DIS on 1HR Analysis Expecting Disney to be up at open and after 9am to fall. DIS Support: $85.92 Resistance: $87.97 What are your thoughts? Thanks, Kelly
$TAL on 1HR Bullish Pennant forming I agree, this isn't the best looking bullish pennant but the flag pole is definitely there. I expect a "slight" pullback for consolidation at open and then proceed towards resistance of $9.75 to test it. TAL Support: $8.19 Resistance: $9.75 What are your thoughts? Comment Below! Thanks, Kelly