ROKU on the 30 minute chart had a sell-off after earnings which were okay not great. Traders reacted. The question is whether it was an overreaction. I think it was. I am looking for a slow recovery over a week or more to at least the standard retracement level which I will call 98 as drawn by the tool. further upside targets are 101 and 104 based on VWAP...
ROKU has been downtrending in a retracement of the uptrend from late May to mid June. On the 2H chart, price has fallen from the top of the fair value zone the bottom of the fair value zone. The zone is the area between the VWAP bands of the anchored VWAP. Institutional buyers prefer to buy in either the under valued zone or the lower portions of the fair...
Posting for my own future reference. In short: - USDT pair not looking extremely bullish, but there is some support on the 2D GRM - BTC pair printing strong bullish divergences on multiple timeframes (majorly oversold on 1D/2D and very strong indicators flashing green on 1W(!) chart)
While ADA has been forming a small bullish trend, we are looking for a potential short position to happen here! As of now, we see prices slowly building up toward that upper resistance zone, which is also aligned with the 200 EMA. Waiting is the key! (or maybe DCA is the key???) Swallow Team
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TSLA shares have lost their most important support level, around $230, and we are getting close to our next support, around $206, and such a move was detailed in our last public analysis, the link to which is below this post, as always. As we can see, TSLA shares have consistently failed to react around their support levels, showing great weakness, and so far, we...
It would appear that LUCID GROUP is facing a sell off based on bad new, dilution of shares, lack of consumer demand. However, based on technical, it would appear to be a very aggressive sell-off it was a sell-off. Not beneficial to not allow for market to recover in regards to liquidity. Based on the aggressive downside moves, the probability of a cat bounce...
Soybean futures are off to a rough start in 2024. In the first week of trading, March soybeans were down nearly 42 cents on the back of beneficial rains sweeping Central Brazil. Selling pressure permeated into Monday’s session as well, with soybeans trading down into the mid 1230’s. So, the question now becomes, will March soybeans make new contract lows? ...
Above you can see AMC's 4h chart. As you can see, we have broken above the heavy macro resistance , which dates back to April '22. We even retested it and found support today. No dates, no price targets. Just showing you the TA I'm seeing here. RSI is also oversold on the 4h and volume is picking back up.
STOCK TAKING SUPPORT ON RISING TREND LINE MAKING HIGHER LOW WITH HAMMER CANDLESTICK PATTERN ON DAILY AND WEEKLY CHART DIVIDEND ANNOUNCEMENT DATE IS 24TH MARCH RSI 43 Entry and SL available on chart Risk Reward ratio is1:47 educational purpose only!
Hi guys! So this is a look into DISH Network (DISH) technical analysis. This analysis is done on the 1 Month timeframe, thus depicting the Macro price action of DISH. This analysis does not express the shorter term or intermediate term trend but looks to assess the Long term trend. The findings in this idea also support a buy and hold strategy for DISH. Do note...
Hello TradingView Family / Fellow Traders, 📈 GBPNZD has been overall bearish, trading inside the falling channel in red and it is currently approaching the lower red trendline. Moreover, the zone 1.985 is a robust demand zone. 🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the...
Hello TradingView Family / Fellow Traders, 📈 EURNZD has been overall bearish, trading inside the falling channel in red and it is currently approaching the lower red trendline. Moreover, the zone 1.73 is a robust support level. 🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the...
Third Week: We are seeing a nice rejection happening near the $44,500 zone, where the last weekly candle closed with nice and good dominance from bears. With that being said, we are seeing the first weakness kick in since October 16th (2 months of straight green candles). Now that the first weak link has accrued, we are seeing a nice start of downward movement,...
As an update from my first post on this new account, I'm showing u that on this 30m BTCUSDT chart that price is heading in a potential impulse wave (Elliot Wave Count). So, look on Chaikin Money Flow and u'll find a strong bearish divergence printed! Bears on command.
Hello TradingView Family / Fellow Traders, 📈 EURAUD has been overall bearish , trading inside the falling channel in red and it is currently approaching the lower red trendline. Moreover, the zone 1.6 is a robust support level. 🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the...
Hi Traders! USDCAD has come a long way down since the 3-month trendline break, and there is a possibility that the pair is oversold. Here are the details: After the trendline break, the market had an aggressive push down and has looked to have consolidated around the 1.33498 level, which is now the support area. If there is a hold above here, the market is...
RSI very low Market record low since March 2020 Fantastic opportunity to buy, TP 11700-11750 max - anything above this in my opinion is risky This is not a trading advice. Always do your own analysis before entering the market.