As AlanSantana so keenly observed and was spot on in the analysis previously posted on TV...YFIUSD looks to be repeating this pump and dump descending triangle pattern. Watch again for breakout once it approaches the descending resistance line again. Will follow. Good luck traders!
As above... 1W chart showing bullish MACD divergence and recent breakout of descending wedge. Price action is currently testing July 2023 local highs near 0.0248. Currently oversold on daily RSI, but if uptrend continues then 0.028 a possible next target. Would like to see volume pick up though. I think overall looking bullish going into the end of 2023 and...
As above. Rising wedge present on 1W has a ~60% chance of a bearish break once it violates the bottom trend line. Potential targets if this bearish pattern occurs is ~$1300, $1000, and back to $900 low. Will follow. Good luck traders.
US recessions since 1980 plotted on the T10Y2Y 3M chart. Orange circles indicate value on the curve and the Stoch RSI value at the start of the first month and year of recession. Red vertical bars are length of recessions. Orange vertical lines on the Stoch RSI are the first month and year of the start of the recession. Good luck traders.
As above.... Big descending triangle on the monthly chart. Statistically a much better chance of breakout for a bull run in the distant future.... 2025?? Will follow. Good luck traders.
As above. Bears are out of hibernation......
As above. Well so goes BTC, so goes SKL etc. There is a channel that formed and we might see price recover to 0.7 area again but uncertain what it will do after that. I would be cautious to interpret this as a bull flag pattern that is developing until we can confirm breakout of upper trendline with higher volume. Good luck traders!
As above. Don't fight the trend and hysteria cloud your judgement. Crystal ball says ATH after next halving in 2025 as per usual unless black swan event(s). Good luck traders!
As above. 1M chart looking likely for continued bearish trend. Watch for break in yellow channel support line and likely long term red diagonal resistance line on the way down. Will follow. Good luck traders.
As above. Total crypto marking ALTs looking bearish. LTCUSD long term 1M trendline intact and likely continued correction down to $50 level again. Will follow. Good luck traders.
As above. 1W looks continued bearish and possible to touch lower trend line around 3300. will follow.
As above. Multidecade trend channel in progress with clear resistance/sell zones and support/demand zones. Multiyear bearish RSI divergence on the 1M chart and decreasing volume suggests continued fall in corn futures price action over the next few years. Will follow.
As above. Rising wedge on the 1D chart...breakdown >>>> breakout potential. 1300-1280 possible target if turns bearish. Good luck traders!
As above. Broke through bottom support of pennant trend line. Will follow. Good luck traders!
As above. VIX looking likely to bounce back up to low 30s again. Will follow.
As above. COVAL nearing end of falling wedge. MACD has continued bullish divergence and maybe will cross 0 line in late Feb or March 2023. Watching for possible breakout after 0.0012 is breached. Would like to see concurrent increase in volume etc. to confirm. If rejection off the top wedge trendline, then possible dip to 0.006 range may be possible. Will...
As above. Falling wedge breakout with good volume. Bullish divergence on the MACD as well on 1D chart. Target very possible mid $700 if up trend continues. Will follow. Good Luck traders.
As above. Rally fading with obvious RSI divergence on the 4Hr chart. Will Follow. Good Luck traders!