Bat pattern on M30, H1, H4 M15, M30, H1 are overbought There is some divergence Stop loss is above 1.6190 With the H4 and Daily trend
Reliance industries is around the Long term Resistance Right now on a Daily timeframe, Stock is making Broadning pattern If Stock follows the pattern then we can see downside of 10-13% from these levels Disclaimer :- This is POSSIBLE BROADENING Pattern Thank You !! Disclaimer : We are not SEBI registered analyst. Do your own research before taking any...
Disclaimer: this analysis is based on two previous occurrences in a vastly different macro market and solely based on time. Although it's not likely that the analysis will play out exactly as shown, it's still a fun thought to consider. In this analysis I want to shed some light on DOGE's previous price action and compare it to the current market. In the...
#VET/USDT #Analysis Description --------------------------------------------------------------- + VET has formed a clear wedge pattern, and a breakout seems imminent. + If the price breaks out from this falling wedge pattern, we can expect a significant price increase. + I'll enter a trade after the breakout...
ABCD Fibonacci pattern identified at 6/15 07:00. This pattern is still in the process of forming. Possible bearish price movement towards target levels ranging from 32.67 to 24.64 within the next 8 days. Expiry Date/Time: 7/2 03:55
Short-term & small sample, but an interesting pattern nonetheless... If we look back at similar events to Thursday's action, they've all been short-term tops in the market. We're looking at: (1) Gap up open on a Thursday; (2) Bearish reversal closing near the lows of the day; (3) Increased Volume from the prior day(s); (4) Preceded by a good run in the...
Descending Triangle identified at 6/22 07:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.6095 within the next 2 days. Expiry Date/Time: 6/25 14:22
After a massive pump last cycle, MATIC is one of the weaker bigger alts on the market. It has given away all of the gains made since the October 2023 bull move and is not looking like it will stop dumping. The pennant pattern that has been holding for over 2 years has been broken. I'm looking at the yellow area for a potential long-term entry. Patience is key.
Preface: I don't think that going back to $20k is the most likely scenario at this point in time. However, it's valuable to discuss different potential outcomes in an every-changing market. If you disagree and only want to look at one potential outcome it's up to you. In this analysis I want to take a look at one of my more popular indicators; Bitcoin's...
Arbitrum has seen a significant drop in value over the last few weeks, just like most other alts. Since ARB is one of the newer alts on Binance, it has an above average growth path ahead of it. Today I found 3 different "indicators" signaling a potential long-term bottom is in: - Daily RSI has hit oversold - Dotted purple support has held - Bullish divergence on...
If you've followed my analyses for a while, you must recognize this chart. I've been looking at ADA's long-term bullish channel for almost a year at this point. Check my previous analysis below. And today, our (potentially) entry of a lifetime has been hit! Assuming that ADA will keep trading within this channel, the entry is a no-brainer. As some other...
ABCD Fibonacci pattern identified at 6/19 07:00. This pattern is still in the process of forming. Possible bearish price movement towards target levels ranging from 39,011.05 to 36,868.95 within the next 8 days. Expiry Date/Time: 6/27 08:47
OP has been trading inside this bullish channel for around 2 years at this point. With OP (and the majority of alts) falling over the last few weeks patient bulls are again in luck. I'm looking at a relatively safe trade from the bottom support, with a stop below the previous long-term swing low. Target at 7$.
Here is another video to help you prepare for the next 2+ weeks of trading in the US markets. Using my specialized SPY Cycle Patterns and technical analysis, I still see the markets consolidating in a melt-up type of trending over the next 2+ weeks before moving into a strong rally phase near late June/early July. You can see how my SPY cycle patterns help into...
Continuing this analysis on the previous one; we see a double top form in the daily as well as the weekly timeframe after the price lost the 50 day moving averages. In the previous analyses, we looked at Elliot Wave theory and a potential new ATH price zone. However, there was one risk even at that point - the M-Pattern. This pattern is BEARISH and usually leads...
Analysis: Chart Pattern: Coeur Mining Inc. (CDE) is currently forming a Bullish Rectangle Continuation pattern, indicating potential for an upward breakout. Support and Resistance: The stock is consolidating between defined support and resistance levels. Breakout Potential: A breakout above the resistance level could lead to a significant upward...
Preface: BTC's long-term trend is till bullish, so most likely scenario at this point is a continuation of the trend. Still, it's important to consider different views. Bitcoin has been trading within the 70k-60k area for the better part of three months at this point. This came after making a (minor) new all-time high. This is the first all-time high that occured...
Just like most alts, WLD has been selling off over the last weeks. However, we're now trading at an RSI of around 26 points on the daily chart, which implies strong oversold conditions. This analysis is based on the idea that WLD will bounce in the near future. I keep the target relatively close because the longer-term trend is still bearish.