On the 1 hour timeframe we can see ADA dip to the critical 1.185 level, but with a string bounce on the hourly and even 5m chart the buyers aggressively overpowered the sellers. With this strong momentum we should easily make it back to the 1.3 level.
Like we see in the graphics LTC hit the roof bouncing down %10 with the possibility of bouncing up (green) or keep in regression % 21 till the 0.618 of fibo in the weekly like it did before(orange). Personally I'll wait how the market behave before to open a new position. Have a good trading and stick to the plan. Dont forget thumbs up if like the idea.
Looks like the projected typical correction has Occurred in amplitude - I expect it will recover from here albeit slowly and form a lower high like a head and shoulders pattern. Trade idea > buy for a small bill recovery only to the red line which is the volume most traded above
On my watch list as it has bounced nicely within the channel. Could see an extended flat for a couple of days before it jumps up to the next leg of the pitchfork. Also possible for a short term jump meaning another bounce. Could lead to a triple top so I would be careful if it does otherwise looks very bullish.
A Compression pattern is forming with an upward bounce. upward sentiment is building.
When FRSX has touched the trend line in the past it has had an explosive bounce. I think the same thing will happen tomorrow! PT of $11.50 for tomorrow.
It looks like a potential EU bounce up to the 1st Expiry of 1,2150; the second & third expires (s) of 1.2200 may be a bit of a stretch. Time will tell.
This hadn't popped up on my scans, but it is: 1: Sitting on 20ma after decent pullback 2: Sitting on volume shelf 3: Just added by ARKK after hours. This could fly tomorrow. Might be worth staying up late (1:30am my time) to try to get s good position. I don't think this will be a R3G type of start out the gate. I see a Gap & Go possibility.
Stoch RSI upward cross and bounce off Bollinger bands.
$PENN with a nice bounce right off the volume shelf there. Could be a good place to jump in.
Now, we're looking at a holy grail setup. It didn't quite bounce off the 20man, but pretty darn close. Maybe a R2G open tomorrow for a legit bounce off the 20ma and this could bounce back nicely.
Both the ATR and RSI look to have bounced off their supports leading us to believe today's up candle is a bounce as well and an indication a reversal is happening. We are taking this long.
Looking to catch a bounce here on TWTR, solid bounce today off of a long term trend line as well as a nice fib level
Manage your risk, as DXY is ready for a bounce on daily and weekly timeframes we are facing a bullish divergence on RSI, and if that's not enough for you to think about a correction for the crypto market, then take a look at the support area for DXY. Next week will be huge for the crypto market If DXY indeed bottoms out from this support area, then we...
Special Ex Dividends have been paid out and its left a juicy money gap to fill. $PATI is oversold on the daily because of this drop. Remember....What comes down, will bounce back up! Enjoy the profit ride. #pati
Hello fellow traders! As you can see in the chart, there is a 75% chance that the price will make a bounce from the purple thin line, which is the start of the run trend line. Those of you thinking about buying at this point should consider the retracement support, or a little lower for stop-loss. Good day and good luck!
From top to bottom (4.49-1.94 $) it takes 43 days. From first top to second top it takes 43 days. Can we see new top at 25th January 2021 between area 3.55-3.76 $ ??