RPL broke out the TR from Nov 2023. After REKT of CRYPTOCAP:BTC last night, RPL also completed the back-test sideway area. Buy volume was really high from last year. Now time to pump!
The provided image outlines a long-term technical analysis of the S&P 500 using Elliott Wave Theory: Wave 1 (2011-2020): A lengthy bullish trend representing the first large-scale wave, which extended for nearly a decade, ending in early 2020. Wave 2 (Early 2020): A substantial retracement followed, marking wave 2, coinciding with the sharp sell-off due to the...
We have the ominous DEATH STAR in AAPL along with a doji on increased volume; bear flag doesn't look pretty either.
SEI - CRYPTOCAP:SEI There is a potential set up in SEI with a decent risk:reward ratio of 9.5 ❌We want high volume but we do not have it yet ✅OBV is breaking out (might be an early sign of volume to come) ✅ We are above the 21 day moving average and above the diagonal support line The 21 day MA and diagonal support line could offer a buying opportunity for...
I have already taken a Long position this morning, which reacted well. On reflection I'm now wondering if we'll run these lows (Yellow line $) Measuring the impulsive move's volume we can see the POC of the leg up.
CHAINLINK set to create a new monthly High? Recent price Swings, Money Flow divergences & Hammer candle pattern suggesting Bullish Trend.
This chart looks silly, I know. Turn on log to see it a bit better. It sounds absurd, but so does just about any market. The only thing I can see stopping this is a return to the gold standard. As long as money can be printed for free, it will. Bitcoin can't. I suspect we'll start seeing the qSAT (quadrillionSAT) shorthand or something, because you can always...
JMIA is currently working on a beautiful bull flag. Riding the 20 EMA on the 65min chart, and showing some really bullish volume patterns. First target: $8
Unusual volume spotted on COTUSDT. Circulating supply now is 394M coins. This week's volume is 100M coins, 33M of which was traded on the move up in 4h. Probably coin will be listed somewhere. I will put this idea here to come back in future and check what was the reason of such a move.
We will need to see tapering under our magenta buying channel which failed to pick up price. And if we see that throughout the day today, I will look for either a rejection from our strong selling green (on the daily) or our more tapered selling teal (which is strong selling on the weekly). Keep an eye out for these and join my livestream at market open to see...
This will make more sense to you if you've watched my previous videos on META or really anything - same analysis, different equity. Keep an eye out for a rejection of this levels especially near teal which will be the driver to take us down. Livestreaming at 9:30 AM EST today for those who want to see me approach this in real time! Happy Trading :)
Support by an algo leads to resistance by that algo. In this case, we were no longer supported by teal selling but rather by HTF buying continuation. You could see that in order to finally break out of the tapered teal selling, we needed for price to build liquidity until it could activate our HTF buying continuation algos. More analysis like this to come! Stay...
## Bitcoin Poised for Surge? RSI Hints at Upswing Technical indicators on TradingView suggest Bitcoin may be primed for a rise in price. The Relative Strength Index (RSI) on the 2-hour timeframe, which measures price momentum based on 14-minute intervals and volume, currently sits at 48. This value indicates that Bitcoin is neither overbought nor oversold,...
GE on the weekly chart has been in a trend up with some corrections along the way since a double bottom in the summer of 2022. It has had some sections spin-off including the health care poriton of the company. This company as a mega-cap industrial with cash on hand is independent of interest rate concerns. Much of its business in long term contracts. I...
AVAX / EURO Relative strenght here along with INJ ✅Nice potential ascending triangle breakout ✅Breakout in OBV ✅Volume increase, above 100Day & good R:R I have been sitting on an AVAX position since the last crypto cycle and have not added to it. I might today though..... CRYPTOCAP:AVAX CRYPTOCAP:INJ #Altseason2024
higher time frame liquidity dump confirmed, data backs it !!
The accumulation phase will end with the break of the resistance zone at $10.72 to $11.39 and the strong upward movement will begin. TPs: $16.5 $28 $41 $120 Good luck!
PDD continues to pull back and that is okay. But we do need to see some of our stronger buying continuation algos activate and get to work or else there is plenty more room to the downside. As you can see on this weekly chart, we are in a HTF large selling algo in teal. To break out of this we will need to be activated in our strong yellow/orange buying...