Heading into the week ARKG is on my radar for a play either side... If it breaks the hi of friday(green line), we can fly and if it breaks the low of friday(red line) we can dump. I am really excited to see what happens with this.
Will be targeting the 200 day SMA for profit taking and a potential bounce.
Spinning top reversal possible here on the 1hr.
Twitter on the daily has been looking questionable recently with 2 daily spinning tops in a row while quietly going down. You're also showing an argument for Bearish Divergence on the weekly MACD and RSI with very weak looking price action: I expect a 78.6% retrace out of this.
hello everybody! -On a daily time frame chart, we can see that the price reached a solid area of resistance. -The price formed a spinning top pattern which shows us indecision in the market so that means that the bears and bulls are in similar control but in this case, we can see that at the end of the day the price closed in a bearish form. -The price moves in...
1W Analysis The pair closed its previous candle below the 1W trend line support and seems to be testing the 1W support zone. A break below the support zone could indicate a further sell towards the next zone. A break above the trend line support turned resistance could see the price rally towards the 1W support turned resistance zone. 1D Analysis The pair...
Hello traders and investors! Let’s see how NIO is doing today! First, we have a Double Top chart pattern in the hourly chart, and if triggered, it could be the start of a pullback in the daily chart. The $ 39.74 is the resistance NIO must defeat to cancel this pattern, and it is at the same time a Pivot Point, that could resume the bull trend. So, the $ 39.74...
Hello traders and investors! Let’s see what’s going on with UBER and LYFT today. Both stocks are doing some impressive movements, so it is a good time to study them. First, let’s start with UBER. The stock is doing a phenomenal movement today, but if we look at the charts, it just hit a resistance zone today, the black line at $ 41.86, and now it is doing what...
GBPUSD recently broke out of its 1D descending parallel channel, which seems to be a bullish flag, it then re-tested the channel thrice with the last 1D candle closing as a bullish spinning top. 1D Analysis The Friday candle closed as a bullish spinning top after its retest of the 1D descending parallel channel, this could be a possible indication for a...
This candlestick pattern (Spin Top) represents indecision about the future direction of the asset. Neither the buyers nor the sellers could gain the upper hand. COVID Vs Us Election and News
''BUY MARKET ORDER'' Why buy?? Bullish Butterfly Negative hidden divergences Spinning top/Doji candlestick pattern Good luck to everyone trading DAX!
Hello traders and investors! Let’s see what’s new on SPX, and since it is Friday, let's do a complete MTFA by studing all our main time frames (H,D and W). First, the hourly chart is inside a Descending Channel , and now it is struggling a lot to defeat its resistance at the upper purple line. Also, it has a clear pivot point at 3,466, and if triggered SPX...
After a long time I finally noticed this. Something made me BC before I spotted the pattern and then it just jumped out of the screen... Maybe I have spotted it and forgot about it lol idk. someone let me know in the comments below 😂 ''Took you long enough'' they say! Hehe good one!! Here we see a cypher pattern.. Hanging man / spinning top can be spotted at the...
''BUY MARKET ORDER'' Why buy? Butterfly 1.272 AB=CD in price and time Regular divergence Preceding hidden divergence Spinning top Good luck to all trading gold!
There is no denying that LINK's first mover advantage in Oracle space, amplified by the DeFi gold rush, has resulted in its tremendous surge recently. Another reason is that many of its competitors such as BAND, TELLOR, DOS and NEST can only be traded on Dex (decentralized exchange), centralized exchanges such as Polonix (who still use it?) and foreign exchanges...
Well , seems we have a classic spinning top candlestick on the Bitcoin 1 day chart . I recently did a chart showing the Gann Fan as well as the CME futures gap on Bitcoin near 118xx which already filled . But now we have what looks like a reversal candlestick . When a candlestick has a very small body evenly in the middle of two long wicks it's called a spinning...