The approval of the Bitcoin ETF has been already priced in So, if you add the ETF approval with the bearish divergence with the ROC and a throwback is very likely This could be a good opportunity for those who didn't buy this rally as the trend is still up The key support zone is $40,000, I would not buy below this price.
Another bearish divergence on Chaikin Money Flow as the price action throwback to the upper resistance of the triangle. A swing downward is starting to make a wave-a of a extensive wave-iii, which can b a great position for the day trading. How log will be this wave? Let' see forward. But is very probably that we are in an expanding ending diagonal to complete wave (v).
Hi traders, I'm showing to you a more comprehensive daily chart after a weekly from yesterday w/ the Fisher Transform oscillator to approach one more undoubtable signal in confluence to the price action monitorized by the downtrend condition below 20 Volume Weighted Moving Average plus Fibonacci Retracement hidden strategy which uses the 14.6% golden ration...
BTC has tagged the ms break level - highlighted in lower green circle (just took a bit longer than expected). Question is now if that level holds, but this is the area I was waiting for to get long and it has now arrived. Vatsik
Just a quick throwback to when DOGE dropped after Elon Musk SNL. I remember going short before the show, it was a super risky and speculative move but it ended up paying off. At the time, I had an 1000 megabytes internet speed (totally insane in Latin America), and I was watching the show on youtube. Either with that, the price dropped 2 seconds before I even...
BCH has Broken free from a Daily Range and is now testing the old Resistance of said Range with the 55 Day EMA and SMA backing it up and if things go smoothly we should see this rise back up to the next zone of major Resistance at $550
Description Snap has been working this pattern since DEC20, making its ATH in September of 21' and appears to have broken the lower accumulation line. The trigger for the short position is @ 50 on the weekly time frame, but 49 on the daily time frame, so the position here is a starter. Following a back test or definitive continuation, I will be adding to the...
(I'm reposting this because I just got hit with the house rules, didn't know that I can't put donation info which was considered as advertising.) Eventually I drew this chart and predictions on 3rd Sept 2021 and hasn't changed except for horizontal lines for support n resistance, so this is kinda like a throwback. To prove this, I have the tradingview link/image...
Hey! Possible similar price action as we saw with Fantom analysis just yesterday. Breakout and throwback. We did already open a trade for this but from ~$22 - $21 level is where we might get a great throwback entry with an awesome risk/reward ratio. We can see how the box area has worked as resistance , and if we pullback that is the alleged support...
After surpassing Fib 0.5, it looks like the stock is heading towards 0.382 level (21.81). Right now the company is immersed in a share repurchase program since 12/03/2021 and it has already acquired 19.23% of its €125 million valued shares objective. Maybe the company's financial advisers are playing with chart patterns in order to confirm its trend and go beyond...
After breaking through the resistance at the $ 23,250 level, it is preparing to make a throwback, which if confirmed could give a very clear long entry for Bitcoin as a take-profit point at the top of the ascending channel, $ 24,000. In the event of the throwback not being confirmed and breaking the new support with a pullback, it would give clear entry for a...
Traders , today i just realised that we broke the trend line wich shows us the end of the bump phase in my opinion . we should see a re=test of the trend line. The trend line throwback (without breaking it) would be my bying point ( beetween 0.00039 and 0.00044 ) for a maximum return . Please, let me know what you think in the comments section . Trade SAFE . Ben.
Alibaba broke out of the triangle earlier. Now it has completed the throwback/retest. It might be headed for the pattern target now. Disclaimer: Not a recommendation to buy/sell.
looking good for a throwback on a cup & handle.
After a few days of consolidation within this range and after a breakout of the range resistance. I believe the price is making a throwback that may reach 0.5 ~ 0.61 Fibonacci, just before continuing with the new uptrend. If all this happens I think that a target in the $2.35 is more than valid, and perhaps too conservative. Am I wrong? ...will see! ✌️
Hi Everyone, An update on the SPY charts Bulls have been full throttle and enthusiasm has been at its peak. A quick look on the charts, after a strong uptrend, we can see a Bearish engulfing pattern that has developed on the daily chart, this could be a sign of shifting hands of powers from bulls to the bears, at least momentarily. Also RSI already near...
Of the second generation Distributed Ledger Technology cyrpoassets I like TRX. Especially, if TRX was to cooperate with ETH as Justin Sun hinted at. . . On Apr 2 TRX had a major trendline break but on no significant volume. Because the lack of volume I would not chase and buy TRX here. Instead, I would wait for throwback to 0.026 before getting in. What is a...
I like the throwback to the trend line and with momentum still favoring the bulls here on the daily I want to seek out the 1300 to 1400 range later this week. Thoughts?