GarethSolowayOfficial

GarethSolowayOfficial

Here we are looking at XRPUSD on the Daily TF. I’d like to begin this analysis by looking at macro support. As you can see, XRP has an ascending line of support which has held strong through many re-tests dating back to March of 2020. Next, we can see that XRP had a strong MACRO resistance. Note that XRP broke out of this resistance in September of 2022 after...

GarethSolowayOfficial

What we are looking at here is the SPY on the Daily TF (on the Left) and the 10 Min TF (on the Right). Notice that the blue arrows show that we are in a mature bear flag and it is about ready to trigger more downside action. And, you will see that the chart on the Right with the green arrows is a nice mature bull flag. How high do you think the SPY will go...

GarethSolowayOfficial

Here we are looking at AAPL on the daily TF. What we are looking at is a Yellow trend line going back to January 2020, right before Covid lock downs. As you can see, this line served as major resistance until the breakout in June of 2020. I believe that this trend line will be tagged again in 2023. The upsloping Red trend line was a major support line until it...

GarethSolowayOfficial

Here we are looking at DIS on the daily TF. As you can see here we are looking at a trend line going back to 2013. The Yellow line acted as resistance until the end of 2013, then a break out occurred. The yellow line now serves as a great support and even re-tested the line at the Covid lows in 2020. The support line (yellow line) I have outlined on the chart...

GarethSolowayOfficial

Here we are looking at BTCUSDT on the daily TF. As you can see here we are looking at a falling wedge that has been forming since June of 2022. Price action has been slow, boring, and sideways for the most part, but the key thing to note is that price has continuously made lower lows and lower highs. The support line I have outlined on the chart connects all...

GarethSolowayOfficial

This is an intriguing swing trade bounce level if it hits within the next few trading days. To have 3 factors at one price level is rare and ups the probabilities of a bounce. Not a long term level, just a technical bounce level. Note: This is not financial advice.

GarethSolowayOfficial

Here we are looking at NDX on the daily TF. As shown on the chart, we are analyzing two supports (Green). It’s important to note that these are both support lines. The upsloping on (the bottom one) and the horizontal trend line (top trend line) will both serve as strong support. Once target 1 is hit, there will be a small bounce for a few weeks to a couple of...

GarethSolowayOfficial

Here we are looking at Ford on the daily TF. As shown on the chart, we are analyzing two supports (which have confluence with one another) which both connect to our downwards sloping resistance (yellow). It’s important to note that both support lines were previously resistance, but have both served as strong support since Fords breakout (to the upside) in...

GarethSolowayOfficial

Here we are looking at AMZN on the daily TF. As marked on the charts, we are currently testing the lows made during the COVID crash back in 2020. While we can’t rule out a breakdown through this current support (bottom green line), we are expecting a technical bounce in the short term off this level. If AMZN does bounce, we will look for it to move towards...

GarethSolowayOfficial

Here we are looking at ETHUSD on the daily TF. In this analysis, we will take a look at some of the macro structures I have outlined on my chart, and see how they tie into the current zones that price is trading within. Let’s begin by shifting our attention to the downwards sloping resistance line (yellow). As you can see, this line has acted as strong...

GarethSolowayOfficial

Here we are looking at BTC/USD on the Daily TF. Let's begin by noting the macro downwards sloping trend-line (green)... As you can see, this downwards sloping trend line acted as strong resistance the majority of the bear market. Recently, BTC broke out from this trend line. As you can see, BTC had an initial re-test of that trendline, and since has been floating...

GarethSolowayOfficial

Tesla (TSLA) has an RSI below 30, has fallen 30% in the last month and is approaching a major technical gap fill at $137.00. This gives technical traders a potential opportunity for a swing trade long. Note: This is not financial advice, consult your financial advisor.

GarethSolowayOfficial

This is a fantastic example of a topping tail on the IBM chart. Note the topping tail is 1. at the highs of recent history, 2. The tail (wick) is 50% or greater of the entire candle length, 3. The body is 50% or less of the entire candle length and 4. the close is in the bottom 25% of the candle. Note the 50% retrace the next day giving a great short entry and...

GarethSolowayOfficial

High probability that PYPL trades higher in 2023 towards $120 based on a weekly cup and handle patter. Note: This is not financial advice. Consult your financial advisor before doing anything. Info: If you’re looking to up your trading game through expert guidance, come trade with me over at InTheMoneyStocks.com! Info about our different memberships can be found...

GarethSolowayOfficial

This is a short swing trade technical chart setup that looks like a pull back to potentially $65. Note: This is not financial advice. If you like this idea and want more, follow me.