Chaikin Money Flow oscillator hidden divergence suggests price action has peaked at supply zone. H4 Overbought. Price trapped by throwing-over diamond top chart pattern by overnight but printing lower high, validating wave (ii). Expecting a profitable impulsive swing downward towards 14.6% Fibonacci retracement level amid 27970, completing wave (iii) @ local...
Cipla is showing signs of reversal on hourly charts. Cipla took support near 50% FIBONACCI RETRACEMENT level of 918.80 & reversed. As long as Cipla is above 918 then its buy with mentioned stop-loss & target.
The price has three times reversed from MA20 (orange) after cross above MA50 (blue), it had formed a pin bar at MA20. Energy sector and high IBD's Relative Strength rating = 99 and industrial group rank = 1/197 ===================================================================================================================== I will be popular investor in...
Reversal for STORMBTC is very likely to occur. This analysis is supported by Technical Indicators, Trend Lines and Harmonic Support.
(Review) Definition trend and change of trend ( Trend reversal) EX: Discussion: Downtrend - Definition A downtrend comprises a repeating sequence of: 1) A downward extension 2) A swing low 3) An upward pullback 4) A swing high A downtrend ends when price breaks the swing high which leads to the lowest swing low of the trend Uptrend - Definition An uptrend...
On our latest update on Bitcoin yesterday we said that there where 2 possibilities to happen which were easy to guess. Our "most likely" scenario take the stage and Bitcoin retraced to 6.8k level and re-bounce again. It seems the it tested the support level on both the 10k to 5.7k retrecment and on 8.5k to 6.7k retracement levels. It seems we are again in a...
Monaco breaks its trend and confirms a reversal trend and in an uptrend elliotts wave. RSI is showing a positive output and the uptrend already breaks the first strong resistance at 23.6% fib level. Buy Zone : 124000 sats - 132200 sats Possible Short Term Targets : Target 1 : 117800 sats Target 2 : 143800 sats Target 3 : 164900 sats Target 4 : 185900 sats Target...