In this article, I will discuss the head and shoulders reversal pattern observed in NVIDIA stock. Recently, the stock has experienced a significant uptrend, rising approximately 48% after the completion of a larger inverted head and shoulders pattern. However, recent price action on lower timeframes suggests a smaller head and shoulders pattern is forming,...
NEAR may still have some juice in the tank vs BTC, but we're entering buyer exhaustion on the daily chart. Too much risk to enter long here with the way I trade. I'm anticipating a bullish cooldown, perhaps back to the 50 EMA, in the next couple weeks and will look for a potential entry.
-------------------------------------------------
These are my personal...
MRVL is at a new all time high following this massive trend from it's COVID DIP having only two small false breaks past the trend line in yellow and as you can see it's recently broken past a new resistance line however if we focus on the indicators to track out new potential it shows both on the RSI and Stochastic that we are nearing a selling period if we pair...
I just want to share my opinion on this idea of mine, I know most of you think it will most likely go further down before we see a break out, But I do believe after last nights show and the fact that you can literally draw a EPIC doge FACE on this chart in the 2 hour time frame and the 1 hour time frame.
ALL THAT BEING SAID I WILL BE TAKING A LONG POSITION TO 84...
BTC shorts are at one of the highest points since they began. Altcoins are in the dumpster, morale is low in a lot of the crypto community. Market caps dwindling. How would a whale/s play this?
Well, quite a few ways, but I'll go out on a limb and say what I think will happen-- consolidation within range. Volume is very low, momentum lacking. DMI is hugging. At...
Bitcoin has already turned and we will see an upward trend. Be careful not to buy to high because little correction will occur on the way... Wait for cool down and go LONG.
