Hello traders. Lately I've been doing my technical analysis alone, due to lack of time to clearly write ideas. But this time I managed to share. I hope it helps. Any suggestion or idea, just say the word. Some things I say very briefly to save space. Here I will analyze some aspects that I think relevant. 1. Stochastic On the weekly chart, looking at the...
BINANCE:LUNAUSDT Luna is in the midst of putting in a Head & Shoulders Top. The average percentage price decline of a Head & Shoulder's pattern occurring in a bull market is ~16%. The pattern will confirm when price breaks under the yellow trendline. A 16% drop from the yellow trendline would bring price to the ~$74 level, which coincides with the median line...
I'm getting myself ready for a position. ...You guys ready for Zcash? :)
I am watching the trendline pullback and I am also back on tracking the potential bear side Median Line on the right. Anyhow as first step I will check if prices will be able to hold the light blue zone of the channel on the left.
It's official! LFG.org has bought ~1 of the 3 billion UST worth of Bitcoin to serve as a depeg back stop. Seems that this buying is one of the catalyst for digital assets taking off a bit lately. The chart still looks like a cup and handle to me. That would point us to around $160 on a big, first pulse. Also looking at the low 200s if Luna FOMO kicks in. Most...
On daily chart BINANCE:LUNAUSD has completed the impulse wave at 106 within golden ratio 1.618 Fib at the fourth wave. After that, LUNA is pulled back to 44 which level is the wave A. Wave B has been happening around 100. If price can't surge ATH, LUNA will happen wave C come back to around 55. Wait and see
crab harmonic pattern: X=$219 AB=0.38 XA BC=0.88 AB 1.6 BC=$3.8 0.61 XA=$5.5 2 BC=$13 0.78 XA=$27.8 2.24 BC=$28.34 0.88 XA=$73 2.6 BC=$96 1.13 XA=$769 3.6 BC=$2417 1.27 XA=$3029 1.41 XA=$11480 4.23 BC=$17760 1.6 XA=$85526
Blue: D1 short fork. Orange: H1 long fork. Most likely movement: Long trend, short correction.
Red: H4 long fork. Orange: H1 long fork. Most likely movement: Long trend, short correction or larger timeframe correction.
lack: D1 long fork. Red: H4 long fork. Orange: H1 long fork. Most likely movement: Long trend, short correction or larger timeframe correction.
Black: D1 long fork. Red: H4 long fork. Orange: H1 long fork. Most likely movement: Long trend, short correction or larger timeframe correction.
After touching 1.300, and embarking on an upward momentum, it seems like its upward momentum has halted as shown in the Andrew's pitchfork tool. It has began to consolidate and we might just be seeing a correction after all, thus continuing its way overall downward momentum. Let's wait and see what plays out...
either bounce off the ma and look for a daily close above 120.5 today, or a drop down towards 112. Looking for a weekly close above 122 or 127. wild guess, but call 117 opened
NASDAQ:ADBE Adobe daily chart looking bullish. This stock has been crucified all of Q1 2022. A $100 upmove would only represent a 50% retrace of the plunge from the ATH. ADBE is reporting earnings on Monday, thus we could see an explosive move higher if the results are solid. Daily candles retested the lower median line of the inside pitchfork, while...
the whales are going to hunt sell limit orders between 2000 and 1989 in order to add to long positions
Upside vs Downside interchangeably for short or long risk exposure at current flat front CL1! price. The IV stands at 73%, which is more conservative than the highlighted risk profile. Not a tradable setup; just for reference timeframes when looking for a bias. The median line, from which the % change is measured, is derived by using the Inside Pitchfork tool;...
SPY Price Action Prediction week of 3/21 - 3/25 Let's go