Excluding the low at the labels price .31, MATIC has reached a strong horizontal support level that has seen bounces off it repetitively. As I think we are entering a larger bull market this could be a great entry point for the bulls. Simple Support Analysis. Daily Chart.
A double top can be seen which acts as a bearish pattern, also coupled with a lower high. This is a bearish scenario for TOTAL2 which is an alternate one to the bull scenario below Bullish or Bearish? 4Hr chart again.
This curve has been the dominant trend for awhile now and I think it will be used to push TOTAL2 higher. I believe we are at the early stages of a larger bullrun and this trend will aid in furthering the bull market. Three circles show bounces off the middle of a down channel drawn against the tops of recent highs. Personally im still bullish. 4Hr Chart.
An idea suggesting a massive downward move completing a downward support line. I have posed this pattern before on SPX. If it does break down the green down line will be the recovery point.
We have seen this sideways movement before but will we see another test of this trend line in green? If we do that is an amazing buy point. The horizontal might not even drop though and just continue upwards. Bullish regardless. Green trend line is very important.
The green up trend line should continue. This follows a break of the red trend line and the support of the white horizontal. Should go up. 4Hr chart but still bullish.
I expect the curved line to break with a double top formation and price will then retest the middle of the larger channel. From there the price might be able to break out of this larger channel with bullish continuation. So a short term pull back leading to further bullishness.
A very bullish example of how resistance can flip to support over time The white line is also a strong trend line which price is above. Very bullish on this Weekly timeframe.
My thoughts showing how an extended bear move could result in the downward test of a previous bear trend line I do expect however that one of the green trend lines will hodl so I have put price labels on each of those. It is more likely to continue up than to make this horrid move. Imagine it going down to $3!
This green curve on INTC may create a temporary support for price allowing the bull run to continue I expect a double bottom if this occurs and then a bull move up towards the orange dotted line. If the green line breaks it looks more bearish than bullish.
Netflix is within this expanding structure looking to continue climbing I expect a retest of the dashed white support line and then continuation up towards the top of this structure where I have point price labels. Bars pattern is just an example of how this could occur. Daily chart for NFLX
A potential bottom structure, look for bounce off the bottom orange line This could create a reversal pattern which I have shown with the green bars pattern line Daily chart for YFIUSD
The middle of the curved channel has been hit at the green dashed line I expect this to break bullishly and price to continue up to the top of the overall channel A little inverted cup and handle can also be drawn Still bullish
A symmetrical triangle is forming on this TSLA chart These tend to break to the upside. The white lines are strong trend lines if the triangle ends up breaking down Bullish stock choice.
Price has poised itself right above the Gaussian Channel on this Monthly timeframe and is looking to form a bullflag just above it. This will allow for a massive bull run up to highs we have never seen before. Very bullish observation
Price has been moving relatively sideways since the blast off in 2017 if you use these horizontal channels The circles placed is the middle of the structure within each horizontal channel. Assuming a great bull move to come this creates a similar structure to the pre 2017 XRP. Bullish XRPUSD on this Weekly timeframe
The down period for BLURUSD has allowed a falling wedge to form Along with a strong support level being hit in green circle this is a candidate for a reversal point Blur has performed really well in the NFT space and I expect this trend to continue. See if a bull move comes once the dashed green line is hit.
Green horizontal shows a strong support that has been reached for ENSUSDT I expect a strong bounce up off this horizontal ENSUSDT looks in favor of the bulls rather than bears. This is the 2Hr chart used to get a better look at this support.