TheCryptagon

TheCryptagon

Kyber Network Crystal v2 / KNCUSD is posting a bullish fractal, common in the last 11 months. The wide pattern is a Rectangle whose top has been hit on both prior bottom rallies. Buy and target 0.96000. Follow us, like the idea and leave a comment below!!

TheCryptagon

BONEUSD / Bone ShibaSwap is having a strong 2 day bullish streak and is near forming a 1day Death Cross. We don't see this as a long term buy opportunity yet as not only is the price still under the Falling Resistance but hasn't yet hit the Rising Support of the long term Triangle. In order to confirm the new bullish sequence, the price needs to cross over the...

TheCryptagon

The EURUSD pair is extending the decline inside the two month Channel Down and technically it isn't over yet. The Lower Low leg range is between 2.70% - 2.90%. Starting from the September 12th Lower High, a decline of the -2.70% minimum will land the price directly on Support at 1.04850. The 1D RSI is almost on the 30.00 oversold level, but we need to see a...

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Nasdaq/ US100 is trading exactly at the bottom (Rising Support) of the Channel Up. Being under the 1day MA100, this is its last chance to recover. A crossing under it, sets in motion a decline to the 1day MA200 and we should look for a bottom after the 1day RSI gets oversold under 30.00. A Channel Down can be the driving pattern to the 1day MA200 and we should...

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Ethereum / ETHUSD has entered the Rising Support Zone, which is the bottom Zone of the Ascending Triangle pattern started on the June 18th 2022 global bottom. The Bullish Divergence on the 1day RSI (Rising Support) prompts to a Bottom pattern such as those on November 22nd 2022 and June 18th 2022. This symmetry indicates that once the price crosses over the MA50...

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WTI Crude Oil / USOIL has completed 2 red 1day candles for the first time since August 23rd. This is after the formation of a new Higher High on the three month Channel Up pattern. In the meantime that High was very close to the 93.80 Resistance A level, which was a Double Top on November 7th 2022. With the 1day MACD about to close a Sell Cross, we couldn't...

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Natural Gas / NG is trading at the moment between the 1day MA50 and the 1day MA50. The latter hasn't been breached or even touched since December 13 2022. The pattern is an Ascending Triangle which has inside it a Bullish Megaphone pattern. The common feature is the Rising Support. If the price gets rejected on the 1day MA200 and breaks the Rising Support, we...

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GMXUSD almost hit the 1day MA50 two days ago and has so far turned sideways. This inability to cross over this Resistance level that has been holding since early August, is technically a bearish signal. As long as it holds, sell and target 30.150 (Support A). If broken though, we can have a June 30th type break out to the 1day MA100. Consequently be ready to...

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DAX / DE40 crossed today under the 1day MA200 for the first time since November 10th 2022. In the meantime it also broke under the wide Channel Up pattern that was holding since the December 20th 2022 Low. This is a critical bearish break out signal and closing a 1day candle under the MA200, confirms the extension to a new Low. Support A is at 15455 (so far a...

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Nasdaq / US100 has turned bearish on the medium term after crossing under the 1day MA100. The 4hour RSI is oversold so on the short term we can see a rebound, that will be ideal for a new short position. So far it follows the structure of the prior selling sequence (July 19th-August 18th) and proportionally we are on the spot where the bounce happened on...

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Dow Jones crossed again over the former Falling Resistance after making a bounce near the 1day MA100. This is the third time this level holds in almost one month. This keeps the long term Channel Up pattern intact. The 1day RSI is on the exact level of the June 2nd break out, showing a high level of symmetry of waves inside the Channel Up structure. Buy and...

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Bitcoin / BTCUSD is testing the Falling Resistance today, slightly over the 1day MA50 and under the 1day MA200. This is a key Resistance cluster, which if broken opens the way to a potential massive price rise. A similar test of the respective Falling Resistance took place on June 20th, again on the 1day MA50. When broken the price reached Resistance Zone A....

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Gold / XAUUSD has been inside a bearish trend since the May 4th high, through a Falling Wedge pattern. The rise since Sep 14th is going against that pattern's need to make a new Lower Low. In this way not only is it delaying (or potentially avoiding) a 1day Death Cross but also if it closes over the 1day MA50, it may be the final warning before an upward break...

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KASUSD / Kaspa recovered the recently lost Support of the 1day MA50 and almost reached the August 7th High. With the Rising Support holding, the long term bullish trend is intact. Based on a similar rise since the start of the year, the price is just starting the new rally. Buy now and target the 2.618 Fibonacci extension at 0.11000. Follow us, like the idea...

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S&P500 / US500 is highly volatile these first two weeks of September, trading sideways on a relatively wide margin, using the 1day MA50 as the pivot. As long as the 1day MA100 supports, this is a similar consolidation that we witnessed after the market's prior bottom inside the 11 month Channel Up. Both the 1day RSI and MACD indicate that we might be halfway...

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Toncoinc / TONUSD is rising inside a Channel Up pattern that was formed during the transition from a Cup and Handle. That was at the bottom of the larger historic Channel Up and a similar pattern traded on the prior bottom, which extended to a +172.50% rise. We expect the current formation to give one last such push. Buy and target 3.000 (+172.50% from the...

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FLOWUSD is crossing today over both the giant Falling Wedge pattern that started at the beginning of 2023 and the 4hour MA200, which has been a Resistance since July 24th. It is easy to understand that this is a major bullish development for the long term trend. The short term Resistance that is left is the 1day MA50 and that is only $3 away. As you see we've...

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Ford Motor / F hit the 4hour MA200 on Wednesday and got rejected, turning sideways. As long as the 4hour MA50 holds, this is just the consolidation of the uptrend that started on August 25th. There have been another 3 similar bullish waves in the past 12 months, all of which reached at least the middle of the 0.5 - 0.618 Fibonacci Zone. Technically this is...