VeChain Daily Chart Update: VeChain is still below its 50EMA for this daily chart. VeChain 110% needs to close a daily candle above this crucial level on the daily chart. VeChain is still in the Bearish Zone of the Ichimoku Cloud. The Ichimoku Cloud Base Line (Kijun Sen) is indicating mid-term momentum is sideways within a range. The Ichimoku Cloud Conversion...
Quick VeChain 4hr chart update with the Ichimoku Cloud: VeChain is still in the Bearish Zone of the Ichimoku Cloud for this 4hr timeframe. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating Short-Term momentum is downwards at the moment. Note that the Conversion Line (Tenkan Sen) is only sloping slightly downwards. The Ichimoku Cloud Base Line...
Quick ADA update: ADA is below its 50EMA for this 4hr timeframe. ADA is below its Bollinger Bands Middle Band Basis 20 Period SMA for this 4hr timeframe. ADA is back in the Bearish Zone of the Ichimoku Cloud for this 4hr timeframe. ADA is below its Volume Profile Visible Range VPVR Point of Control (POC) for this charts visible range. ADA is above its...
Very quick BTC daily chart update: BTC is below its Bollinger Bands Middle Band Basis 20 Period SMA for this 1D timeframe. Note that at the moment, the Bollinger Bands Upper and Lower Bands are NOT extending outwards for this 1D timeframe. The Upper and Lower Bands extending outwards means increased volatility. BTC is below its Schiff Pitchfork (A,B,C) Median...
...closes BTC has has said good riddance to the Bearish Descending Triangle it was in. BTC is back in the Bullish Zone of the Ichimoku Cloud for this 4hr timeframe. Note we have had a Cloud (Kumo) Twist into a bullish green cloud for this 4hr timeframe. BTC is back above its 50EMA for this 4hr timeframe. BTC is back above its Bollinger Bands Middle Band Basis...
Quick ADA update: ADA is in a Descending Channel. You can see the various support and resistance levels that ADA has had as resistance and support after it broke out from its previous Ascending Wedge. ADA has found support from its 2nd upwards support line. ADA is still in the Bearish Zone for this 4hr timeframe. Note we have had a Cloud Twist (Kumo) into a red...
VeChain 4hr Chart update using support and resistance lines: VeChain is Below its 50EMA on the 4hr chart. VeChain needs to eventually close a 4hr Candle above this crucial level and turn it into strong support. VeChain is below the Bollinger Bands Middle Band Basis 20 Period SMA. VeChain needs to eventually close a 4hr Candle above this crucial level and turn it...
VeChain 4hr Chart update: VET is still in the Bearish Zone of the Ichimoku Cloud. VET is testing the Ichimoku Cloud Leading Span B (Senkou Span B) cloud resistance. Which is also where the Bollinger Bands Middle Band Basis 20 Period SMA is located at the moment. We need VET to eventually close a 4hr Candle within the Equilibrium Zone of the Ichimoku Cloud,...
BTC Daily Chart update: BTC is still above its WEEKLY 50EMA. BTC is back above its Descending Pitchfork Median line. BTC needs to turn its Bollinger Bands Middle Band 20 Period SMA into strong support. Volume has increased and is now above its Volume 20 Period Moving Average. Hopefully BTC can close this day as a green bar. BTC is still in a Descending...
A quick ADA 4hr chart update: ADA is below its Bollinger Bands Middle Band Basis which is a 20 period SMA. ADA needs to eventually close above this level and turns it into strong support. ADA is below its 50EMA. It’s crucial for this 4hr timeframe that ADA eventually close above the 50EMA and turns it into strong support. ADA is below its Least Squares Moving...
Quick comments in this analysis. I tend to find just looking at the direction the ema ribbon, or red 20dma is an easy way to tell the underlying trend. Clearly it is still bullish. I was wrong in the latest TA on the S&P 500 I posted. I foresaw a drop through that ema ribbon that did not materialize. That next week I closed that short for a loss, as...
There is a great deal to be bullish about for JNJ. I anticipate the price will find a nice runup as the recent bullish volume along with strong institutional exposure (70%) leads me to believe we find the price moving higher. The other fascinating observation is the strong earnings growth with virtually no new sales growth. This is a company run incredibly well...
The most important thing I am noticing that I do not hear anyone talking about is that Utilities have been cycled into discretely over the past month . 1-Month Performance Utilities +5.61% Consumer Cyclical +2.18% Financial -1.35% Energy -6.9% 1-Week Performance Utilities -2.28% Consumer Cyclical -2.71% Heathcare -3.1% Basic Materials -6.24% ...
Have you always wondered how to identify when Bitcoin is volatile and in which direction it is heading? You’re in luck – you can identify both volatility and direction with Bollinger Bands! Bollinger Bands Bollinger Bands are a volatility indicator displayed by a moving average and an upward and lower band. Both bands are typically 2 standard deviations away....
CURRENCY: NZDUSD ENTRY: SELL @ 0.69 MONTHLY TREND: SELL WEEKLY TREND: BUY DAILY TREND BUY ANALYSIS: Alignment on Monthly Trend, Enter at Weekly Bollinger VALID FOR: 4 Weeks STOP LOSS: No Stop Loss, exit according to Valid Period positive or negative