MACD looks like it will crossover very soon. Trading price is also below the 200 day moving average. Strong indicators there is likely to be a reversal soon. Combined with the other two recent analysis done, all three have strong indications for an upcoming reversal. Additionally at the current price of around $875, Other various strong indicators suggest a $1350...
Hey Traders, As you can see on the Daily Line Chart of Tesla (TSLA). The price action has formed a Descending Broadening Megaphone/ Wedge which is a Bullish Pattern. Now in fundamental terms, I think this is impossible at the moment because Tesla already has such a big market cap but in technical terms, this looks like it could happen. Tesla is a company mainly...
description in the note on the graph. please comment your perspective
Above the 9 SMA and 200 SMA, MACD is switching over, and RSI has Go Go Juice Nutrien ($NTR) the world’s largest corporate potash producer is increasing production by 10% to 15 million metric tons for 2022. The stock’s share price is up +20% this year. Disclaimer: Stratford Research newsletters reflect the research and opinions of only the authors who are...
The Bitcoin price has created a lower low but the RSI hasn't followed hence creating a higher low which shows us there is a bullish divergence expected. Crossover on the MACD further confirms this momentum switch. I'd expect us to potentially push price back towards the $45300 level before we see any further price movement downwards. We also could break this...
TSLA is at a critical point with the volume shelf and other factors that could mean either direction. Bull Case: Retesting Breakout Level Falling Wedge on Daily/65m Bullish Divergence on 65m Some Bollinger Band squeezing on 65m Bear Case: Net Premium flow favors puts heavily Bearish Engulfing Candle on Weekly MACD crossing down on Daily Hidden...
Bullish ETH: 1. MACD preparing for cross 2. RSI bullish 3. StochRSI bullish 4. VPVR waiting for 3800$
Bitcoin BTC daily chart - Pros and cons Cons: - BTC could not brake resistance at $47.466 - BTC could not break resistance on RSI - BTC with possible sell signal on MACD Pros: - BTC above EMA20, 50 and 200 - BTC above support on OBV I tend to a bullish development for the next days and weeks - what about you Crypto Nation? Drop me a nice comment if you'd like...
$QRDO is looking bullish one the Daily chart. Volume is picking up as we are heading toward resistance. If we can break that, there is a clear path to $3.50. I think we will run past that. I am targeting the $4.20 range. If we can flip $4.20, look out because we will test the long term upper resistance! We have a lot of room to run on the RSI and the MACD looks...
As you can see from the chart DKNG bounced at a strong support area that was established back in Feb 2020 - April 2020. We can see that shortly after this bounce occurred there is a strong indication of a bullish macd crossover in unison with RSI moving out of oversold territory. On the 1 day chart we can see that DKNG is now in an ascending price channel and I...
Hello Traders, Just wanted to make a few points here and talk about my plan for shib. As you can see Shib has been forming a descending channel for 3 full months. Which recently on the last pullback within the channel the RSI reached oversold territory. Previously back in September of 2021 the RSI also hit this same area and this indicated it had bottomed. I am...
Since March of 2021 this pair has been in somewhat of consolidation. constantly hit support or resistance and reversing from it like clockwork. Price is currently in the support area and has broken out of a descending triangle on the 1hr timeframe with a massive bullish candle showing on the daily timeframe. I expect price to reach back up to the resistance...
OPINION! I learned that the V in ichimoku's red cloud take the price up from it, Stoch rsi shows the possibility of going up, but MACD X starts to worry me, even with the price going down and the bottom going up. Heikin Ashi with Last Candles Won by Bulls. Bulls: If TODAY closes above Daily MA200 the correction will not go beyond 45K, Side channel support since...
BITCOIN LOCAL LONG to 48100 - Ascended triangle continuation BITCOIN LOCAL LONG to 48100 - Ascended triangle continuation
As the chart shows above, the Head & Shoulder pattern are about to form. This happen on Weekly timeframe. And if we willing to see how strong the validity of a pattern, then we should see it from another perspective. If we zoom into lower timeframe, we may see that head and shoulder is also forming. Here's the chart from 3 Days timeframe And also, Daily...
Long WTIUSD, Trending up, flag Pattern, Entry - MACD Cross Exit - MACD Cross Stoploss - 200EMA
A quick look at BTC/USD using the Ichimoku Cloud with the 20,60,120,30 settings as well as the Bollinger Bands and MACD Indicator. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Short-Term Momentum is sideways at the moment. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the Mid-Term Momentum is sideways at the moment. The...
1. The price has broken out of descending trendline. 2.The SMA has turned green at the demand Zone. 3. Macd has crossed the zero line. Stop Loss can be around 1.131000 Tp 1 _1.138861 Tp 2_1.143409 Tp 3_1.151000