MysticMads

MysticMads Updated 

Reading a slightly bearish sentiment on DASH at the moment. We have the swing high anchored VWAP combined with a riding wedge. In the short term, it could potentially reach 195, potentially creating a false breakout and trapping long liquidity. Therefore, it’s advisable to exercise caution and closely monitor this situation. Let’s see how it unfolds!

MysticMads Updated 

The stock reclaimed the IPO VWAP (purple line) every time sellers tried to press the stock, signaling strong buyer interest and establishing a new base. The ATH VWAP (black line) remains overhead, but immediate resistance is now at $11.95. A clean break above $12 could ignite a momentum squeeze, with minor resistance at $12.97 before a potential run toward $15....

MysticMads

Airbnb’s 50% fibonacci retracement coincides with the middle price of the previous year. Therefore, if we observe a significant increase above 144.81, it would make sense to consider taking a long position.

MysticMads Updated 

The price of DDOG appears poised for a dip slightly below the upward trendline and Fibonacci support zone (126-116) before finding strong support. This could act as a liquidity grab, shaking out weaker positions before an explosive move higher. Compression on the weekly timeframe would be an ideal signal, with tight price action and decreasing volatility...

MysticMads

The BABA weekly chart showcases a powerful breakout, accompanied by substantial volume, signaling strong bullish momentum. The price has decisively broken through key structural resistance and surged above the IPO AVWAP, reinforcing the strength of this move. However, the RSI is approaching overbought territory, and there’s a potential for a double top formation....

MysticMads

CELH closed the week slightly above its IPO AVWAP on the highest volume ever, signaling significant short liquidation and a potential market sentiment shift. The immediate resistance at the $36 range aligns with a key consolidation zone, adding weight to its importance. With the weekly RSI approaching 50—historically a pivot point—a breakout above could strengthen...

MysticMads

The 50 EMA (green line) has historically acted as dynamic support, but with price now trading below it, there is a clear shift in momentum toward the bearish side. If price fails to reclaim the 50 EMA (currently around $415-$420) and faces rejection, it could signal further downside toward the $380 support zone, making a short trade viable with a stop above $426....

MysticMads

The chart for VERV shows a prolonged downtrend since mid-2021, with multiple resistance trendlines capping price action. However, the stock is now testing a potential breakout above these trendlines and the 50-week EMA (green line), which has acted as dynamic resistance. The RSI is rising above 60, signaling increasing bullish momentum, and the latest weekly...

MysticMads

A break above the 50.80 level could confirm the stock is ready to clear its descending channel and shift momentum in favor of the bulls. This price has acted as a pivotal zone in recent sessions, and a decisive close above it would suggest the downtrend may be reversing. A surge in volume above 50.80 would further strengthen the long setup, potentially targeting...

MysticMads

BTCUSD on the 4-hour timeframe is showing signs of contraction within a descending channel, indicating potential accumulation before a breakout. The price has been testing the descending trendline resistance, with multiple touches of the outer zone, suggesting buyers are stepping in and attempting to establish higher lows. Volume remains moderate, but a breakout...

MysticMads

TRIP is currently testing a major descending trendline resistance around $18.85-$19.00, a critical level that could determine its next move. If price breaks and holds above this resistance, it may trigger a shift in trend, with the next key target at $27.15. However, failure to break out could result in a pullback to the $16.00-$17.00 support zone. The increasing...

MysticMads

A significant sell-off in The Trade Desk (TTD) followed its earnings report, driving the price toward a critical technical zone. The 76.45 - 80.16 range has historically acted as a strong support area, with multiple price interactions suggesting institutional buying interest in the past. If the price holds this zone as support and RSI begins to recover, a...

MysticMads Updated 

I've been actively trading DELL with my private community members and I believe the company is gearing up for another positive run. Despite the news about Michael Dell selling more shares, which may have trapped some short-sellers, DELL is making strategic moves such as reducing costs, rejoining the S&P500, and aiming to capture market share from SMCI. With this...

MysticMads Updated 

Historically, Amazon tends to experience a run-up leading into Prime Day, which could add positive momentum to the stock. There are some indications that history might, in fact, repeat itself. The yellow line represents the 6-month anchored VWAP, while the white line shows the July highs anchored VWAP. These VWAPs are crucial as they provide a strong indication...

MysticMads

NFLX is shaping up into a great setup. I'm watching for the price to stabilize in the 720-723.5 range, and if we see buyers step in there, it could be on its way to new all-time highs. We ran with the 715C 0DTE on Friday, and it's worth keeping an eye on heading into next week. If the market pushes higher, NFLX has a higher probability of breaking new highs.

MysticMads

The stock has been in a downtrend but is showing signs of potential reversal if it breaks above the resistance levels and closes above the entry point which is slightly higher than the year-to-date VWAP and previous supply zone. Not financial advice. For education/entertainment purposes only.

MysticMads Updated 

The chart for Broadcom Inc. (AVGO) on the NASDAQ shows a bullish breakout from a falling wedge pattern, indicating a potential upward price movement. After the breakout, the price has consolidated around the $1,406.64 level, suggesting a healthy pause before the next move. The RSI at 57.48 indicates neutral to slightly bullish momentum, and increased volume...

MysticMads Updated 

Based on the chart analysis, the rising wedge pattern signals a likely bearish correction in the short term, with the price potentially testing the 0.618 Fibonacci retracement level around $518.36 as a key support. However, the Elliott Wave projection suggests a bullish reversal toward point (C) if support holds, indicating a medium-term upward move. Traders...