WampumSeeker

WampumSeeker

Here are some obvious trading patterns that SPY has been trading lately. In Cyan , we have a bear flag. The size of the flag channel matched the breakout. In dark blue , we have a failed bullish pennant. The size of the flag channel matched the breakout. By following the basic guidelines of the formation, anybody is likely to win. I have made a couple of...

WampumSeeker

Beautiful trading levels within the Fib. levels are observed from Monday's low and Tuesday's high. SPY opened lower today and found support at the 1.618 level of the retracement. Price action at the moment is going back up to close the gap as expected. However, there stands the 20EMA as resistance. At this point, SPY bulls would want to close above the 20EMA...

WampumSeeker

With today's candle closing below June and July's support line. Spy will have to beat the previous support line and close above before September ends. If the new resistance (previous support) is unbeatable, SPY may most likely close the previous gap at the $377-380 range.

WampumSeeker

Nice rally performed ytd by $SPY but I doubt this will stay up in the up direction trend. There isn't much strength to the rally with RSI decreasing and MACD crossing down on the 30mins chart. The bears should win this one, at least for a while. Disclaimer: I am not a professional financial advisor, I do this for fun. Sometimes I am right, sometimes I am...

WampumSeeker

Here is a potential price target for ACH should it be bullish. It has been keeping above .1 for about 50days now and that should be a sign of support (at least one can hope it is). Let's see how this prediction plays out with time.

WampumSeeker

Nothing to see up in the sky yet. Just hell. Left Fib. shows retracement, Right Fib. shows potential climbs. All candles have to close to confirm trend direction.

WampumSeeker

ETH appears to be on the verge of breaking out. With prices declining to lows since its recent rally, the retracement seems to be treading above the .78 Fib level. Key items to look out for in the future to confirm the breakout is to confirm a solid close above the previous support level and an increase in RSI. This can be seen as a bullish divergence with MACD...

WampumSeeker

Based on the 1D chart, it seems ATER could have made a double bottom (blue line). There was a gap down from 09/05 -10/05 opening and like almost all scenarios, all holes get filled ;) so in my opinion, I am predicting ATER to bounce back up to the area where the gap had occurred (green bar)

WampumSeeker

In search of support... Seem's like this bad boy doesn't want to brake yet. The mudslide of BTC clearly is not helping either.

WampumSeeker

Ater is now retraced down to its .786 level, this is a typical region for buyers to buy the "dip". Will it act as a support? $2.91 was observed to act as a support when the AH dump struck during the AH of earning releases. Will it retest that support, should it break the .786 level?

WampumSeeker

Fib. levels all depending on the earning call today. Could most likely step down due to the market condition...

WampumSeeker

We can see a nice flag forming on the Daily chart with trading levels above 50% since the last break out. I am not counting that spike up to .17c on April 5th bc that seemed like regular-degular pump & dump, in my own opinion. After testing this descending wedge, we may see a break out to as high as .17c.

WampumSeeker

ACH is closing in on its descending triangle. It has an inverted hammer andle closed last week (Bullish). We would like to see one more or a spinning top for a likely confirmation. 1D chart MACD crossed (bullish). Fib. levels will be used as resistance in the future. I feel this going back to 0.08cents within the coming months.

WampumSeeker

Attempting to break the daily resistant line once again.

WampumSeeker

As per my analysis, with the Fib. retracement tool, we can start to see that ACH's weekly candles are closing above the Fib. levels and maintaining the bullish trend. A new level we ' may ' enter is the .5 level (0.105), and if ACH closes above we can see it trading between the said level and .382 level (.124). Note: At this time of writing, there's about 4D...

WampumSeeker

As Mr. Benjamin would say, this is just dubious speculation based on previous trends/ history. I noticed some similarities before ADA's rally. RSI is closely similar and MACD lines are also close. This analysis is strictly limited to the technical aspect of the chart. In order for ADA to see some light in the dark here, we will need the 8MA to bounce up from the...

WampumSeeker

As per my Daily TA, long support was established on the .7 Fib retracement; closing above $0.05. Seeing that the trend had reversed at $0.05 and now that we are "looking" bullish (heading upwards), my trend Fib ext. pleased me by reaching the 100% mark and is now retracing. (Notice that the Fib. ext closely matches with the previous Fib. retrace I had...