Something interesting to point out relating to NFT's. Whenever ETH is below or testing its bull market support bands the NFT bull market follows. As of today we are below those bands and have seen an inflow of investors in the NFT market. An NFT bull run this Quarter of 2022 is possible.
BTC is currently testing its Bull Market Support band. Unfortunately, it has not made it above it. For BTC to test $69k again we would have to get above $53k and test it as support. However, as of now, we are at $49.6k if we break below $49.6k then we visit $46.5k. $53k-$51k is key for BTC to see new all-time highs.
Since the beginning of the COVID 19, pandemic SPY has not gone below the bull market support band which consists of the 20 w SMA and the 21 w EMA. Use this to your advantage as whenever SPY drops to the bull market support band we tend to test it and reverse upwards. As of today SPY has tested the bull market support band and has made new all-time highs. It's no...
S&P 500 (SPY). Omicron Variant news tanked our market this past Friday. Since this pandemic started SPY has not gone below the Bull Market Support Band which consists of 20 and 21 weeks SMA. Currently, the weekly Bull Market Support band prices are at $446 and $447. Some prices to keep watch are $453, $447, and $446. Consider these as supports during this...
BTC correcting to possibly $52,000. I did a ghost bar feed (Yellow candles) from the previous pump from $30k to $52k and overlaid it in our current pump. Looks to test $52k in the future. I chose $52k because of it being a previous Resistance and the Bull Market Support Bands SMA's are at $49k and $52k as of 11/16/2021. A buy zone would be around $56k-$52k in...
ETH is finally seeing a correction to the downside. Great opportunity if you're a long investor. Looking to retest $3900, this either reverses at $3900 or sees lower. A Buy Zone for me is $3600-$3300, based the buy zone on previous resistances and supports, plus the Bull Market support bands SMA's are at $3300 and $3500 as of 11/16/2021.
FB needs to go above $343 to see $350, looking to buy calls on this.
Mara broke out of resistance around $55. If BTC continues its rally then we can see MARA around $75-$80.
BA breaking out in the weekly chart. If we maintain we can see $244. Something I noticed while charting BA. The return rate after a bull flag breakout on BA has been consistent for the last two Flags. After a bull flag breakout, BA has returned on average $75 for the past two flags. If history were to repeat itself with this recent Bull Flag. The return rate of...
TGT looking to breakout either from now till March of 2022. for now, it's looking bearish on the weekly chart. Would have to break above $264 to see $276
SQ is still in the wedge/pennant. $230 is looking to be where this reverses. looks good so far. Would have to break above $274 to see $294
CAT, breaking out of a flag, MACD is looking to crossover on the weekly chart. Long Term Price Target = $223.19
UPST, forming a pennant. If it can reverse here then we can see $364. UPST is known to move fast. They report earnings on Tuesday. A bearish case for UPST. Head and shoulders formed on the daily chart. Their earnings can move this stock either way so I would wait if you were to play this.
AMZN, wedge on the weekly chart. MACD is close to crossing over, Stochastic is rising and RSI is above 50. Looking to breakout and see $3787. This stock can see $4000+ by next year in my opinion.
WMT, forming a wedge. MACD has crossed over so expect some bullish movement. It needs to break above $153 to see $158
MU is reversing from its COVID March 2020 anchored VWAP. also forming a huge flag. I expect us to hit $74 then $82 when this breakout plays.
SOL, forming a cup and handle within a wedge. This has broken out of the wedge and cup and handle pattern. Could see $243 then $270
ADA is testing its support trendline at the moment. ADA is touching the bull market support band, the last time this happened we went from $1.00 ADA to a $3.10 ADA. Also, Stochastic is low and reaching oversold. RSI is touching a trendline of support. If ADA breaks below $1.85 then we can see ADA at $1.50.