The grey trend line seems to well describe last years trend. It is easier to see that on weekly time frame. We could say it works as a support level because every time the price bounces back to a higher level so we can expect this time to happen the same. At this moment the price is testing lower Keltner Channels band and trying to get above it. RSI is close to...
Keltner Channel is looking upward which is typically a good set up for long position. RSI just bounced back from level 50 and is going to cross the signal line again. Hopefully aiming for the overbought zone. MACD seems to be losing strength but always above the signal line. Moreover having a look at EMA we can see that 6EMA crossed up 18EMA which crossed up the...
Huge move today after yesterdays MACD Signal from @KioseffTrading MACD Optimizer script.
We can see small correction in 4-6 days (MACD clear indication) After that small upforward trend, we will be tryin to go close to last lows (12-14.5.2022). Also (from BTC); Same thing as Fantom, btc macd gives crystal clear data that the upward momentum is coming Straight signals also from RSI keeps going up after that small downfard spike.
ishares Trust iShares U.S. Transportation ETF AMEX:IYT I am bullish on IYT because I've identified a Bullish Harami pattern on the daily chart. Furthermore, we have several confluences on the MacD, RSI and volume indicators. -The signal is crossing up like A.I. (Allen Iverson) on the MacD indicator - The RSI indicator is pointing up -The OBV indicator is...
Many touches and support at this price from last consolidation, always wait for confirmation and then attack. We can see the daily MACD giving us a good entry after this consolidation over the support line, last time price was at this levels and the MACD gave us this signal ADA when nuts doing over 180% in 40 days. We always try to look for the trap in our own...
$WISH PT 1: $9.33 PT 2: $11.64 PT 3: $15.00 NASDAQ:WISH ---> Closing in on gap fill $7.87 - $9.33 ---> Testing 5-12 EMA cloud for trend reversal ---> Rounding bottom ---> macD cross August 30th
GBP just alerted a Mac D buy signal as well as a buy signal on the weekly Stock RSI. This is one of few that have not went parabolic yet and it's time is near
Coming out of a ascending wedge pattern we see a very likely move to the downside. Accroding to all of the indicators we are moving out of overbought territory acting as confirmation to our wedge breakout when it occurs. Pending order set for breakout with two targets.
MACD turning along with volatility throughout the market space. VIX looking like its going to make a bullish run up through the weekend.
Seeing retrace on volume. Two separate directional flags indicating my next price channels. Chart created on the 30 Day, single Day scale. Volume trending up for the day, Bearish outlook on the week ahead.
TSLA broke the 200SMA (pink oval), a couple of days after the MACD signal turned positive (yellow oval). RSI(10) @65 OBV slightly higher (blue oval)