CME_MINI:NQU2022 - PR High: 13335.25 - PR Low: 13317.00 - NZ Spread: 40.75 Evening Stats (As of 2:00 AM) - Weekend Gap: N/A - Session Open ATR: 318.09 - Volume: 19K - Open Int: 260K - Trend Grade: Bear - From ATH: -20.25% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 13531 - Mid: 12960 - Short: 12057 Keep in mind this is not...
Bitcoin is trading sideways last 5 days forming a symmetrical triangle and a pennant at the same time. In modern markets there are not bullish and bearish patterns on its own. To be profitable, you need to use them in conjunction with other indicators, news etc. Volume is declining, it's normal during the consolidation phase. In the long run BTC is still in a bull...
IWM has clearly benefited from the “sector rotation” out of tech, but I think this run is about to fizzle out. The run up was on a dwindling volume. RSI is currently way overbought. The MACD and Stochastic combo are signaling a divergence. Couple this with a potential bumpy week ahead- FOMC, bond yield, and the spooky quadwitching- and I feel like IWM is a prime...
excepting a bounce here where there are buyers and breakout past the triangle trendline also see hidden bullish divergence, declining volume, higher lows for other bullish indicators
shout out to stockonomy ( www.tradingview.com ) for bringing this ticker to my attention. long once we get above the point of control (orange dotted line) where the accumulation has been occurring, also note hidden bullish divergence + declining volume. ev seems like it wants to get hot again.
Rationale Solar Sector is bullish long term Price is getting towards the end of a consolidation phase (range getting tighter) Price sitting on a massive volume shelf Declining Volume since January
Cybercrime is expected to cost the world $10.5 trillion by 2025, making it the 3rd largest economy. Recent SolarWinds attack reminds us that cybersecurity will continue to be one of the most important concerns federal govt, SMB and big enterprise pay attention to. Federal budgets devoted to cybersecurity will likely to increase and CAGR of the cybersecurity's...
Cemi looks like is about to complete a Bullish Bat Pattern. I also noticed declining volume on the correction (bullish) and Hidden Bullish div on the MACD histogram.
Evening Traders, Today’s analysis – ADAUSDT- trading at a key trade location where a rejection is probable, Points to consider, - Price Action Grind - Local S/R Support (.382 Fibonacci Confluence) - Swing high objective - Oscillators bullish control zone - Declining Volume ADAUSDT’s immediate price action is grinding towards a key support zone that has...
Evening Traders, Today’s analysis – WAVESUSDT- trading with a higher low construction, a break will be imminent, Points to consider, - Price Action Equilibrium - Dynamic S/R Support (200 MA Confluence) - Supply Zone Resistance - Declining Volume - Oscillators Neutral WAVESUSDT’s immediate price action is bullish with consecutive higher lows. The current...
Evening Traders, Today’s analysis – DOTBTC – trading above Local S/R forming a potential higher low, Points to consider, - Price Action Impulsive - Local S/R Support - POC Resistance - Declining Volume - Double Bullish Divergence (RSI & Stochastics) - Swing High Objective DOTBTC’s immediate price action is showing strength at Local S/R, respecting this...
Evening Traders, Today’s Analysis – ETHBTC- trading at a key trade location where a pivotal move is probable. Points to consider, - Price Action Higher Low - Support Zone Confluence - EMA Ribbon Resistance - Oscillators Extended - Declining Volume ETHBTC’s immediate price action is trading on its dynamic support, maintaining higher highs and higher lows in...
Evening Traders, Today’s analysis – THETAUSDT – breaking above Structural S/R with further upside potential, Local S/R , immediate target. Points to consider, - Ascending Triangle - Dynamic Support - Structural S/R Support - RSI uptrend - Declining Volume THETAUSDT’s immediate price action is bullish resembling the psychology of an ascending triangle....
FVRR has been outperforming many E-commerce stocks since early Sept. While overall E-commerce group is in red since early Sept crash, FVRR has bucked the trend and posted the double digit growth. I think early signs of waning momentum are clear and it is a good time to scale back on the aggressive momentum strategy and do some profit-taking.
Today's analysis – OGN/USDT – Consolidating at daily support as it retraces from the local swing high. Points to consider: - Strong Counter-trend - Daily/Trend Support Confluence - 21 EMA Visual Guide - Declining Volume - Oscillators Below 50 OGN USDT retracing in a strong countertrend from its previous swing high as it reverts to trend support,...
Todays Analysis – AGIBTC – rejected from structural resistance, trying to bottom with probable inverted head and shoulders. Points to consider: - Multi-resistance Confluence - S/R Flip (trend reversal) - 21 EMA (visual guide) - Declining Volume - RSI above 50 - Stochastics Overextended AGIBTC currently retracing from resistance cluster where the .382...
Evening Traders, Today’s Analysis – BTCUSD – forming a falling wedge pattern that is YET to be confirmed. A break of resistance needs to come to fruition before a long trade. Points to consider, - Bullish falling wedge - Apex approaching - Demand Zone (Strong support cluster) - RSI below 50 - Stochastics projecting higher lows - Volume Declining The...
Patterns 1. Harmonic Pattern shows a Bearish Crab (Bear) 2. Leaving the ascending channel at the bottom (Bear) 3. Forming a symmetrical triangle pointing upwards slightly (Bear) 4. Elliot (correction) wave ABCDE is at play which could become double or triple top or a head an shoulders (Bear) 5. Declining volume shows there's no big price changes coming (So for...