Great Opportunity to go long for ELGD (short term) Price action losing bearish momentum Predicted divergence in RSI (Not confirmed yet) Great R/R ratio NFA
Perfect 3push setup for WAVES losing bearish price momentum Nice R/R ratio NFA
Perfect 3push setup to buy some solana (Short Term) Great R/R ratio NFA
Perfect position to go long for some Rune (Short term) Great Risk / Reward ration NFA
Basically my thoughts on the chart, finishing the 5th wave and getting ready for a ABC correction to fib 0.5 with a clear divergence in RSI and price action momentum loss. NFA
My short term basic analysis for ANKR (Scalp) based on Price action Everything on the chart NFA
My short term basic analysis for PEOPLE (Scalp) based on Price action Everything on the chart NFA
My short term basic analysis for COMP (Scalp) based on Price action Everything on the chart NFA
My short term basic analysis for SNX (Scalp) based on Price action Everything on the chart NFA
My short term basic scalp analysis for Trx based on price action NFA
My short term basic analysis for ENJ (Scalp) based on Price action Everything on the chart NFA
My basic idea based on price action analysis, everything on the chart. NFA
Everything clear on the chart, we are having a bearish channel in an uptrend which 75% of the time will make a bullish flag and continue with trend, on the other hand the bearish channel is looking like a falling wedge ready to break with a nice signal bar. NFA
Based on price action and seeing three pushes which created a wedge and seeing the leg1, we could predict to see the leg2 and most probably longer than leg1 specially with the big shadows in the previous candles showing the losing momentum as well as seeing short scalpers entering. + (getting lower highs in RSI) Not Financial Advise
As we can see in the chart after quite a while of downtrend we reached to a super strong support area which has been holding since 2021, as well as obvious divergence in RSI, giving us an extreme bullish sign. NFA and good luck.
As I've shown on the chart we can see an obvious breakout in the RSI which gave us a pullback at the main support area, giving us another chance to pack our bags of THG, having a very nice bullish signal from the falling wedge pattern as well as the momentum of negative volume has strongly decreased which gives us the signal as the reversal point. NFA and good luck.
As we can see in the chart after breakout from falling wedge we had a pull back which landed exactly on EMA 200 on 4HR timeframe and acted as a strong support. we can see obvious divergence in RSI as well. all the reasons making it a high quality trade. NFA
As in the chart the 8.20 level seems like acting as a super area for support as it has been multiple times tested by sellers plus it has the support of bottom of the channel. Targeting 11 area. NFA (Please do your own analysis as well and good luck!)