Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick ETH update. ETH is forming a triangle like pattern in 4hr time frame and currently facing resistance at the upper trendline. There is also a 200MA strong resistance. For a short term bullish rally, ETH needs to break and hold above this 200MA. In...
Gnosischain has released the GnosisScan a block explorer and analytics platform for @gnosischain which uses the $xDai token for stable transactions. gnosisguild is the launch of zodiac.wiki, an open, living resource for DAOs the wiki's home to a library, docs, and a pattern language describing problems & offering practical responses so as you can see GNO has...
A quick BTC 1 week chart update: Note that BTC has closed another weekly candle below the weekly 200MA. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the mid-point of the short-term momentum is downwards at the moment on this 1 week timeframe. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the mid-point of the mid-term momentum...
After the quad bounce off of the 0.786 resistance line yesterday (Larger Circle), the $QNT market headed towards a retest of the 200 MA (Smaller Circle). It was beautifully executed, both the 200 MA and the ichimoku cloud were touched, retested and successfully held their ground. The $QNT market is on its way up again following the uptrend line I had drawn a few...
My belief is that NASDAQ100 is in a tight spiral of bouncing of the 200ma which indicates slight more upside but I believe it will test again the support level of 14500 approximately. So there is a short term upside in my opinion and MACD does not indicate cheap but not overbought either as NASDAQ mostly trades in the low 60's and currently is sitting 55.
Hello Traders, I hope you all are doing well. I just wanted to shoot a quick update for anyone a little shaken by the market or confused as to what's going on. TLDR: Yes, there are still geopolitical concerns, but at the moment it's not important to the market, because we've already seen the response of the world and it has strengthened relations of NATO and...
Hello Traders - This will be an important day for technical traders. We need to see what happens with the price action around the 200ma before we can make a truly educated technical analysis, in my opinion. A lot of analysis, appear to be skipping ahead.. Unless they saw a pattern or are using more of a historical data technical analysis--are really just...
Hello Traders, We've seen a pretty bullish start to the week. AAPL is what, 8pts from it's ATH's.. Pretty impressive numbers in that ER, but with the volatility we're seeing it's still a little surprising. I'm not going to say we're entirely out of the woods yet, but what I will say... The doom and gloom that blasted the frontpage everywhere was quite a bit...
Hello Traders - After the last few trading sessions you're probably almost convinced that the sky is going to fall out, that geopolitics are an issue right this moment, and that we're headed for a crash. I'd like to let you in on a little secret... When everyone thinks there will be a crash, there isn't one. Now don't get me wrong, we did just have a solid...
We need Bitcoin to test above and confirm the 200ma on at least the 4 hour as support. Things are looking ok now, but everything will look that much better after recovering the 200ma. This is not financial advice.
Technical analysis: #BTC (Daily Update) Welcome to this quick update everyone, In Daily timeframe Chart, Finally, After 5-Months Long Consolidation, Broken out of the Descending Channel to the Upside. Daily Candle Closed Above the 45k & 200-days Moving Average (MA200) In Daily & 4H timeframe, RSI Bearish Divergence has Still Valid.. Overall, Bitcoin Bulls in...
As long as the 200 MA support holds, I see a clear long position for SPCE.
Potentially Bearish Divergence @ the 200 Moving Average. Price had previous completed a 3 wave correction followed by an impulsive move up with a small pull back, in which the impulsive move could continue up and find resistance at the 200 Moving Average along with a potential supply zone @ 0.72354/0.72226. Alerts set @ 0.72265 Still Bullish for the mean...
Good Day Everyone Here's my idea on the USDJPY pair looking at two possible scenarios on the pair, looking to see if the descending channel holds or we will see a break above the channel and see a move to the upside, the pair is fairly close to my 200 MA so i will look for the channel to hold and see a move to the downside to go retest the structure unless we...
Evening Traders, Today’s Analysis – ONTBTC – breaking its neckline zone if it’s Inverse head and shoulders. A retest and hold of the .618 Fibonacci is a long opportunity with defined risk. Points to consider, - Macro Inv. Head and Shoulders - Neckline support (Retest) - 200 MA Immediate Resistance - Oscillators Neutral - Volume Profile in synch ONTBTC has...