On the Microsoft three-day chart NASDAQ:MSFT , we've observed that the initial cycle of Wave (5) & I peaked at $430, hitting the 61.8% extension level, and has since declined to $402. We believe that $430 will now act as a strong resistance level. We anticipate a significant correction for Microsoft, potentially dropping to between $220 and $100. This forecast...
Trend reversals can happen suddenly, especially in volatile markets or when unexpected events occur. However, they can also be gradual, with signs and indicators building up over time before the reversal becomes evident.
hi everybody dominance in daily time frame is still ranging in that yellow static channel I drew before . after a fake break out from static channel it just hit the green bullish channel top and bounce down. I have indicated everything that happens before in my previous ideas you can check them all. now it's struggling with static channel ( yellow ) midline. ...
so here's what i see... - market has been forming HH and HL on higher timeframes - market is currently showing signs of breaking through the previous HH - so i'll wait for market to retest that level of the previous high which will be the new HL if it does not i do not take the trade - but as with other trades there is no 100% guarantee with my predictions
Could we get a Push based off HTF to LTF Breakdown?? Possible H & S forming to the UPSIDE 114 area???? YOUR Thoughts???????
so... 1. on the daily we closed respecting the major level of support which is now our resistance 2. the third touch of the downward trendline was a bearish engulfing on the H1 3. market is making a series of lower lows ad lower highs 4. entry was at the breakout of the counter trendline and sitting at a 1:4 risk reward 5. market could close above the counter...
Charts says it all. This is just a possibility. Changes in lower timeframes (weekly on up etc) may change all this. I just finished this and thought I might share. Points of support found with 50, 100, 200 MA. Phoenix ascending by Wyckoffmode (David). And badass Bbands (bbands with different SD's). AND supportlines of simples previous supports. Do your own...
Just looking at the only thing that isn't completely dead, still has some signs of life.. 12 hour and daily bullish div on macd and falling wedge take this with a grain of salt just an idea.
Hello, everyone! BINANCE:BTCUSDT can have a cup and handle pattern. BUT Is it more likely to go up or down?
We are in an interesting zone. watching for reactions for a break of range and potential trend reversal or continuation.
Hi all, Why I see an opportunity LINA broke through the resistance yesterday. The retest area corresponds nicely with the Fibonacci level With the current bullish sentiment, I am waiting for a retest as final confirmation before entering the trade. For this, I keep an eye on the price action on lower timeframes. (I don't set a buy limit). Possible...
At this support zone (1833), I will be looking for possible sell if this area holds. previous analysis still holds for a buy.
XABC is plotted, now it looks as if we are headed to D which would be roughly around the 1.272 fib note. This may not play out, but it is an idea. If it were to play out, expect a dump following D, back down
hello everybody after a small break out from the bottom of the channel, I decided to make some changes to my chart. so I drew a new channel which shows us we had a small change in our momentum, and the new fibo extension indicates new support and resistance level. I expect the price goes to the further targets up to the top of channel, surely we will have...
hi guys. after the first pump from 29K, the extension fibo got us proper and fine targets till now , we just reach the target and because the distance of the next target from here is a little high I believe we need a proper correction OR a huge amount of money and investing from whales or big institutions, by the way from 29k till here we have about 70 % growth...
************************************** Market Structure Alignment DOGECOIN M = W = D = H4 = br H1 = br M15 = M5 = M1 = ************************************** BIASES: BB = Bullish BIAS BRB = Bearish BIAS **************************************** CODES: b = Bullish bg = Bullish Range br = Bearish brg = Bearish...
XRP has an EBB and Flow that is to be expected. TA shows that there is a chance for the reverse head and shoulders to fail the notated area and head down to the next logical place for the narrative which would be back down to around a dollar, frustrating the remaining retail investors who may have bought close to a dollar and will see the crash as imminent and...
Hi guy's, EURUSD as been bearish for some times now.... Well with the bearish we had yesterday, although people might think it's over but it's not, it likely for EU to continue in bearish....... 1.20526 is a level I want price to retest for possible bearish continuation...... Or if price break below 1.19899 and retest it possibility of Bearish Continuation too...