INJ 15 minA quick follow on from my last post on INJ 15 min TF....
Thought i would add this v shape recovery cup and handle that could play out,
Has to flip that resistance ;)
stoch rsi is low and curling up,
macd curling up and crossing
uneven butt cheeks on market cypher
bounced off the 200sma
probabilities looking more long than short ;)
But could be wrong, i cant tell you where price will go but i can say where probabilty suggests, i know nothing but the fact of my own ignorance, so who knows.
But probability suggests a move up towards 9.5 range
Vshaperecovery
Sunview Simple Chart AnalysisSunview - Rst 0.645 Supp 0.515
Very likely a repeating pattern here. Base on the movement, it will retest 0.645 level again.
How to view the guidance via chart ( Refer back to pin message guidance if to trade )
Red Line = Support
Blue Line = Resistance
Light Blue = bullish/bearish pattern
Arrow = Double/Trip top/bottom
Red Chip = $$
Green Chip = XX
NDX Nasdaq 100 V-Shaped Recovery ?Federal Reserve policymakers will raise interest rates in March but keep options open in the face of inflation outlook and the pandemic still ongoing.
Until March theories suggest that we can still see a V-Shaped Recovery in the stock market.
Looking forward to read your opinion about it.
$US500 - S&P500 futures almost back at ATH, Santa is coming?? After the sharp "omicron-dip", the S&P500 is almost back at all time highs!
The daily EMA100 got bought heavily and markets melted through every resistance since then.
The daily RSI keeps showing baerish divergence though, and also volume kept tapering off, also in the ETF on the S&P.
I would not open fresh longs here, instead taking some profits here seems reasonable.
At the moment, a correction down to 4.650 would not be weird at all, also to backtest the support from november 11th as support again.
Also there was a big gap opened up yesterday in the markets and most of the stocks, most of the up gaps get closed within the first 7 days after they got opened, whatever that statistic is worth at the moment, but it is just a fact to know i guess. Once 7 days are over chances drop sharply to get that gap closed soon, those gaps mostly get closed later on in a bigger correction/crash then.
Overall, i would aproach markets with caution at the moment, we are at heavy resistance at the moment and a small set back is kind of likely here. A break to new ATH, even more when a nice backtest happens, would be a bis buy signal though.
Stay safe in this markets guys!
BTC Dominance V Shape RecoveryThis is BTC Dominance, as you can see in the chart BTC.D has broken this white bearish trend line and it's making a v shape recovery.
Now BTC's Dominance is about to Pullback and if it confirms we can be sure that a new bitcoin season is just started.
If Dominance go through 44.20% and then broke 44.80% Resistance we're good to go...
I hope this idea was helpful to you...
Nas100 into CPI Data at 08.30 ETNas100 into CPI data, reverse cup and handle and then vshape recovery into us session giving us maybe a nice 4h candle with a big nice wick or doji.
The time doesnt correspond on the chart but it would be ugly to cram it all together. If we bounce, its 30 min before US open about
BUY THE DIP ever heard of v shape recovery? after five Eliot waves up if we don't get an a-b-c correction, we then have v-shaped recovery. YEAH BIT**
SPCE: Is it worth to trade it right now?Hello traders and investors! Let’s take a look at SPCE today!
Yes, SPCE is dropping sharply, we have no reversal sign around, and there’s nothing telling us it’ll stop dropping. However, we have some key points to keep in mind.
Since we lost the 21 ema and the gap area (yellow square), which was indeed an Exhaustion Gap , I think we can work with Fibonacci here. Another support lost is the 38.2% retracement, and in these circumstances, the 50% retracement usually works.
This retracement level is around $ 35.80, which is starting to get close to the 21 ema in the weekly chart:
It looks like we had a huge V-Shape recovery here, and now we are just doing a pullback. In the mid-term, the odds are that one of the retracements will hold the price, but the 50% retracement would be a perfect support. If SPCE hits there, then it might be worth to trade it.
If SPCE will lose it afterwards, or if it’ll give us a reversal sign and fly again to the $ 60 we don’t know yet. SPCE could be an interesting stock to trade, but right now, my students and I are aiming for more interesting stocks.
Just focus on the points mentioned in this analysis and you’ll be just fine. If you liked this analysis, remember to follow me to keep in touch with my daily free studies, and support this idea if it helped you!
Thank you very much!
BTCUSD, V shape bullish recoveryHuge fresh bullish rally came on support level: 29150, historically three times 'V' shape recovery happened to this level,
and it sustained this time too. Now if somehow price back to support level, it is not going to break at sudden, huge volume accumulated compare to previous support level.
Overall trend is bearish, so respect of Resistance level is more possible, like setup could form. price can go sideways too.
(possibly not going to land again in this level.)
Sort setup possible at Resistance level.
! Strong close above 33400 should be bullish move.
Technical- Based on Support/Resistance:
- Strong Support: 29150
- Strong Resistance: 33400
! leave feedback or comment please.
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PLTR: Near a resistance! How to proceed?Hello traders and investors! Let’s talk about PLTR today!
First, as we discussed in our last analysis, PLTR did a nice reversal, and we have a crystal-clear bull trend , made by higher highs/lows. The purple trendline is working very well as a support level, along with the 21 ema. Pullbacks to these points should be seen as opportunities to buy .
The link to our last analysis is below this post, as usual.
But, there’s a catch. The green line at $ 24.26 is a resistance level , made by the previous top (Apr 26 – 27). This might indicate a possible pullback ahead, but so far, we have no bearish reaction.
In the daily chart the situation looks bullish, but it feels like we just had a V-Shape recovery with a target at the $ 24.26. Again, this might indicate a pullback, but nothing that could frustrate the bullish momentum. The volume is increasing again, and we are above the 21 ema in the daily chart as well.
We still have some resistances to defeat, like the $ 24.26, the $ 26 and the $ 27.41, but once we defeat them, we’ll finally hit our target at the gap ($ 31.34).
Let’s follow PLTR closely, and if you liked this analysis, remember to follow me to keep in touch with my studies, and support this idea if it helped you!
Thank you very much!
NIO: Something nice is going on here!Hello traders and investors! Let’s see how NIO is doing today! We have some interesting movements around, and we’ll talk about them.
First, in the 1h chart, it triggered the pivot point we’ve been talking about, at $ 34.77, and now it is just heading to the next resistance, at $ 38.02.
It is interesting to notice that we have some gaps (yellow squares) above the price. Remember: Gaps work as magnets . They can help the price to keep pushing up.
Now, the daily chart:
NIO is defeating the 21 ema again, and the candlestick looks powerful. This could indicate a V-shape recovery to the $ 43.13 again.
The only thing that it is missing here is the volume , which is still low. This doesn’t mean that NIO will drop again, but it is something to be aware of.
Either way, NIO is finally doing some good signs in the short/mid-term, and we must keep monitoring it closely from now on. If you liked this post, remember to follow me to keep in touch with my daily studies, and support this idea if it helped you!
Thank you very much!