KO is currently in a demand zone forming a double bottom. Nothing wrong with the company although it isn't cheap even after the retracement, but the stock tends to trade at a premium. I would expect this to be a decent entry point for either a swing towards previous high's region or for building/increasing long term position. If you are interested just in a swing...
After a huge decline in the share price, we can now see a bottoming pattern. The fundamentals for the company seem decent, and it can be treated both long term investment and medium term trade. My expectation is that the price will be range bound for longer, but my rules for this idea are: - LONG position near the support line 26-27$. - Take profit near the...
Mir is in a huge descending triangle, however the support at around 2.5 seems very strong and there is a continuous momentum shift...This looks like a low risk high reward trade.
Lina seems to be in a good value purchase zone with momentum increasing, while the project itself has solid fundamentals. Cup and handle visible, reaching the previous resistance at 0.087 is already a nice trade while the breakout could be huge.
A strong move lately from BTC which is about to break a descending triangle pattern but still with some significant resistances up to around 50k before I would call it a return to bull trend. How things are looking for BTC ? The consolidation under resistance looks strong, however the rsi and volume is decreasing. What is more important the daily volume looks...
AXS is at a strong resistance level that failed to break for 20 days. The RSI shows bearish divergences on 4h, while the 1H double topped recently with also slight bearish divergence. 1D shows decreasing volume on AXS. Meanwhile BTC is making lower highs all the time with very low volumes. Looking for a short entry on AXS should be a good idea.
CELR is still showing sign of significant strength, great option for long as it has just bounced strongly from support with the only downside currently being the uncertain btc situation. Nevertheless I expect at least a small bounce on BTC which would only help CELR.
HBAR reached support line after a healthy decline. A long swing is possible and it is a good entry assuming that bitcoin will make at least a small bounce soon. If bitcoin crashes through 40k hbar will also keep declining, so it is a risky trade but the reward to risk ration is very appealing.
After recent bearish moves BTC rejected strongly of the 40k region and now the RSI shows bullish divergence on 1D and possible momentum shift on the 4h. Meanwhile there is no volume and the price keeps dipping down. The price has to bounce again - the question is if it will get rejected again at 45 k - or go higher to 50k and beyond. Rejections at 45k and 50k...
It looks like there is no going up for BAKE - currently at resistance with bearish divergence on the rsi on all timeframes. As always btc is the lead dog, so before placing trades it would be good to confirm btc price movement as it seems to consolidate around resistance level. Due to the above bake is a nice candidate for a short entry, but fakeouts are in play.
MINA started a downtrend recently with MA 200 serving as strong resistance on 1h. There is some bearish divergence on the RSI, while BTC made a rally up close to resistance. Since overall BTC is looking bearish I think it is best to look for short positions and MINA is a good candidate for a small swing down.
CELR has been a beast lately, huge rally from the last dip and now it has created a small support area. The rally has been crazy but the bearish divergence on hourly indicates there still might be something left in the tank. Possible formation of a double top, as it has to make a retracement and consolidate eventually.
After the recent dip LUNA recovered super braking the resistance at ~35. The hourly shows RSI dipping while the price keeps rallying which is an indication that the rally might end soon. Some consolidation in the 35-36 area might be needed for LUNA to continue the move - as such it may be reasonable to start looking for other trades if you have your money in LUNA.
EGLD shows strong bullish divergence which is a signal a rally upward is possible. BTC conditions are favorable, btc made a resistance fakeout, returned back under it back shows only strength thus far and continuation rally is highly possible. The only downside is that EGLD is rallying up with little retracement since 180 USD, also 250 level is a strong...
After the last drop we saw a nice bounce which started last evening. Right now the power behind this move seems to dissipate and lower timer frames show bearish divergences on the rsi. Currently the price action is very strong indicating a break of resistance and continuation of the uptrend as very little selling pressure exists. The bearish divergence on the...
The 1h shows bullish divergence on the RSI and CELR bounced nicely of 0,5 fib area. Meanwhile BTC bounced of 40k area and is now at a strong support. Assuming BTC will not slip further CELR has potential for a nice growth. Bear in mind that taking any positions at this stage when there seems to be no strong buying power on btc is very risky.
After a strong correction we have had strong a bounce on bitcoin which led to 53k top. We then retraced to around 0.618 fib so not very deep. The issue is that we seem to have reached the top of this bounce around 48k which is again a lower top. The RSI is also indicating that BTC is loosing it's strength. Currently it seems BTC needs a deeper correction back...
DOT under resistance with bearish RSI divergence. Possibly good entry for short positions.