TheCryptagon

TheCryptagon

PG formed today a 1day MA50-100 Bearish Cross. Primarily a sell signal, the last 3 occurences of this pattern have delivered higher prices. All those patterns hit at least their prior Resistance level. Additionally, the 1day MACD is 4 days into a Bullish Cross. Buy and target 158.00 (Resistance). Follow us, like the idea and leave a comment below!!

TheCryptagon

Polymath / POLYUSD crossed over the Falling Resistance, which has been supressing the price during the Bear Cycle since the August 2021 High. In the meantime, the price succesfully crossed also over the 0.236 Fibonacci level. The last Resistance standing is the 1week MA100 (sitting on the 0.382 Fib). If broken, take a buy position and target 0.4775 (Fibonacci...

TheCryptagon

Bitcoin / BTCUSD crossed over the 1week MA100 for the first time in 16 months, with that alone being a major bullish signal. It's another long term signal however that tells you a very strong rally is about to start, which you don't want to miss out. The 1week RSI made a rebound on its Rising Support and crossed over the MA level. Similar rebounds on prior...

TheCryptagon

Well based on the whole history of the pair, yes. As you can see a giant Ascending Triangle on the 1month chart, with the price only now testing its bottom / Rising Support. Technically, the target from now on is its top at 0.00006500. Follow us, like the idea and leave a comment below!!

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AT&T almost achieved a +10% rise today, forming a Buy Cross on the 1day MACD. Though technically bullish, the last two 1day MACD Buy Cross formations priced market tops and were excellent sell opportunities. Sell now and target 15.00 (Fibonacci 0.5). Follow us, like the idea and leave a comment below!!

TheCryptagon

EURUSD is on an Ascending Triangle pattern, whose previous occurences after lengthy corrections, have been bottom formations. All of them broke upwards after 1day MACD Bullish Crosses. We have all those parameters aligned and the price is still relatively low, under the 1day MA50. Buy now and target 1.0800 (1day MA200 and Falling Resistance). Previous chart: ...

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Gold / XAUUSD has again failed to cross above the Falling Resistance of the long term bearish trend. In fact today's failure, if remains, it will be a technical Double Top formation, a very bearish pattern. Sell if it stays intact until closing and target 1900 (4hour MA200) and 1875 (Fibonacci 0.5 level). The 4hour RSI also shows that we have a rounded top like...

TheCryptagon

IOTAUSD got rejected on the 1day MA100 today. This made the latest Lower High inside the 10 month Falling Wedge, which keeps the trend bearish. Sell now and target 0.13500 (Support A). The 1day RSI got rejected on its own Falling Resistance. Follow us, like the idea and leave a comment below!!

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The S&P500 / US500 is trading inside a larget Bearish Megaphone pattern, which is rising lately to price a Lower High on the Falling Resistance. This creates the potential for two Channel Up patterns, a dotted one more aggressive and a dashed one less aggressive. The determining factor is the 4hour MA50. So far it is holding and favors the more aggressive...

TheCryptagon

Dow Jones on the 3M chart gives you the clearest picture you can get. Every 10-15 years it consolidates inside a Megaphone (fundamental reasons like war, recession etc) and then an expansion phase follows. In the 90s this expansion phase was extended due to the uprecedented boom of Dotcom. While the index is on its expansion phase, the RSI trades inside a...

TheCryptagon

The 10year Bond Yields / US10Y is trading inside a Channel Up since May 1st. The last two weeks the price is pulling back after a Higher High rejection and Double Top on Resistance A (4.888), aiming at the bottom of the Channel Up. That is a buy opportunity to target 4.888 again. If on the other hand the 1day MA50 breaks (is untouched since July 20th), sell and...

TheCryptagon

CHFJPY is trading inside a Channel Up, which made on October 3rd the latest Higher Lon on the 1day MA100. The price is already near Resistance A (166.550) and the 1day RSI bullish above the 60.00 level. Buy and target 172.000 (less than the previous -9.60% rise). Previous chart: Follow us, like the idea and leave a comment below!!

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Klaytn / KLAYUSD is testing today the 1day MA50 for the 4th time in a week as well as the 1day MA50. Trading inside a Channel Down pattern, this test is happening after the price rebounded at the bottom of the pattern. If it closes over the Falling Resistance, buy and target 0.13500 (1day MA100). Follow us, like the idea and leave a comment below!!

TheCryptagon

A simple Bitcoin-to-S&P500 ratio gives the grand idea of what's about to happen in the markets in the following weeks. The ratio is about to form a 1day MACD Bullish Cross, much like the one on January 20th 2020, on the exact same zone. As today, it was the time the price was between the 0.5-0.236 Fibonacci range and as it approached the Halving, it want for the...

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Bitcoin / BTCUSD pulled back inside its Channel Up. Even though the 1day MA50 is drawing the attention of most as got hit and is holding, it may be another trend line that will save the day for BTC. The Former Falling Resistance since July 13th is right underneath and the markets oftern test previous Resistance levels when broken. In that process, they become...

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The AUDJPY pair is testing the 1day MA50 today having formed Lower Highs since the June 19th peak. If the 1day MA50 breaks, the MA200 should be put up for testing but it is more likely to test the July 28th Low as the same weak pattern did in 2022. Sell and target 92.000 (over the 0.5 Fibonacci level). Follow us, like the idea and leave a comment below!!

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DAX trade excatly as expected last time (chart at the bottom) making a new Low in the established Channel Down. The price reached the 0.5 Fibonnaci level today, a reading which formed the August 31st Lower High on the other -6.50% bearish leg. Sell now and target 15150 (Rising Support) but close if it reaches first the 1day MA50 as the MACD Buy Cross can...

TheCryptagon

Dow Jones hit the 1day MA200 yesterday and failed to close over it. As a result, the price got rejected and started pulling back today. Based on the 1day RSI, we could be in a minor corrective candle similar to March 22nd, which found Support between the 0.618-0.786 Fibonacci range. Buy on the 0.618 Fibonacci and target 35000 (Resistance A). Previous chart: ...