TheCryptagon

TheCryptagon

DAX is on the 2nd straight green day after the rebound on the 1day MA100. That was also a Higher Low at the bottom of the mid-March Channel Up. Buy and target Resistance A (16440). Sell if a 1day candle closes under the 1day MA100 and target the bottom of the December 2022 Channel Up at 15310, where you can take an even lower risk buy. Previous chart: ...

TheCryptagon

Tesla is rising today but remains on a pull back sequence after it hit the top (Rising Resistance) of the 2023 'Recovery' Channel Up. This sequence can be extended until either of the two following conditions are met: the 1day RSI reaches 50.00 or the price hits the 1day MA50. In either case buy and target the Falling Resistance (that dates back since November...

TheCryptagon

BitDAO / BITUSD is having the strongest 1day candle since May 15th right at the bottom of the 5 month Channel Down. This confirms the excellent pattern bottom buy opportunity, especially after the 1day RSI made a Double Bottom. Buy and target the 0.5 Fibonacci (like the March bottom rebound) at 0.4545, which will also test the 1day MA50. Follow us, like the...

TheCryptagon

EURCAD hit the symmetric Resistance today and got immediately rejected as on the respective high of January 3rd 2023. This is a sell opportunity, targeting the symmetric Support of 1.43450. If instead the price rises more, sell near the 1day MA50 and this time target even lower at 1.42350 (Support B). That would be a breach of the 1day MA200. Follow us, like...

TheCryptagon

CHFJPY is trading inside a Channel Up following the March 20th low. The price is now approaching the top of the Channel Up with the 1day RSI on a Double Top inside the overbough zone. That was a sell signal two time inside this pattern. Sell with a max extension at 163.000 and target 158.500. Follow us, like the idea and leave a comment below!!

TheCryptagon

Stellar / XLMUSD is having the strongest 1day candle since March 21st, which was the bullish break out candle half way of the uptrend leg that peaked at 0.1145 on April 1st. That sequence pulled back first to the 1day MA50 before completing the end of March rally. With the 1day RSI deep into the overbought zone, it is highly likely to see a repeat of this...

TheCryptagon

WTI Crude Oil / USOIL has rebounded again on the 2 month Support Zone. It is under both the 4hour MA50 and MA200, so still a buy opportunity on the short term. Buy and target the 1day MA100 and Rising Resistance at 73.50. Then switch to selling again and target Support Zone at 67.50. Previous chart: Follow us, like the idea and leave a comment below!!

TheCryptagon

Gold / XAUUSD is trading inside a short term Channel Down, with the previous 4hour candle forming the new Lower High. Technically that calls for a sell extension initially to Support A (1909.50) and then 1890 in extension (-2.50% decline from the Lower High). The 4hour RSI supports this sell as it is trading inside a Channel Down also but longer, since June...

TheCryptagon

Polygon / MATICUSD almost hit the Rising Support that goes back all the way to January 2021 and is now rebounding. This is perfectly viewed on the 1week time frame where the price hit the 1week MA200. As the 1day RSI is also rebounding, a crossing over the MA line, will confirm the bullish trend, like it did on July 4th 2022. Buy and target the 1day MA100 on...

TheCryptagon

Nasdaq / US100 hit the top of the long term Channel Up and Resistance A (March 2022 top) and got rejected. Based on the previous Higher Highs, the rejection should form a Channel Down / Bear Flag. According to that, there is one final pull back pending to 14730. Buy it and target 15500. If anyhow the price crosses under the 1day MA50 or closes the 1day candle...

TheCryptagon

EURUSD had a strong rejection today just after it reached the 1.10075 Resistance A, formed by the May 10th High. The price is supported by both the Rising Support B but more importantly the 4hour MA50. As long as this holds, buy and target the Rising Resistance at 1.10500. If it crosses under the 4hour MA50, sell and target Support Zone A, where you can buy...

TheCryptagon

NVDIA / NVDA is now starting the short term pull back inside the 2023 Fibonacci Channel Up. After hitting the 2.0 Fibonacci level, this bullish leg should trade inside 1.0 and 2.0 Fibonacci. The long term Support is the 1day MA50 but the 1day RSI indicates that we won't hit that unless it reaches its Rising Support, which based on the January-April price action...

TheCryptagon

AUDJPY got rejected this week just before hitting Resistance A that is the High of September 13th 2022. Any rebound is a strong sell opportunity now as even the 1day RSI crossed under the MA level after becoming the most overbought its been since March 2022. The September 2022 peak got rejected back to its Fibonacci 0.618 level. Sell and target the new...

TheCryptagon

Bitcoin / BTCUSD crossed and closed yesterday not only over the 1day MA50 for the first time since May 6th but also the Falling Resistance coming staight from the April 14th High. That is a major bullish break out signal, similar in magnitude with those of January and March. Their rallies completed a +54.50% and +58.00% rise. That is +3% difference. Adding +3%...

TheCryptagon

Zilliqa / ZILUSD hit 10 days ago Support (0.01535) and rebounded, making Higher Lows ever since. The 1day RSI is already testing the Falling Resistance. If the price crosses and closes over the Falling Resistance, it will be a major buy signal. Target first the Fibonacci 0.5 level at 0.026300 and on the next pull back go for a long term swing near Resistance A...

TheCryptagon

Dow Jones has crossed under the 4hour MA50 and hit the bottom of the short term Channel Up. Since December, every closing under the 4hour MA50 has been a sell signal (8 times) with a decline ranging from -1.66% to -4.74% from the moment of crossing. As long as the Channel Up holds, buy and target Resistance A at 34900. If the Channel Up breaks, sell and target...

TheCryptagon

S&P500 / US500 almost touched today the 4hour MA50 for the first time since June 1st. This is a Support and as long as it holds (along with the Channel Up), buy and target Resistance A at 4500. If the price crosses under the Channel Up, sell and target the 1day MA50 at 4235. If the 4hour RSI makes a Bullish Cross before 4235 gets hit, then book the profit on...

TheCryptagon

Gold crossed under both the 4hour MA50 and the RSI's MA, which has been a strong signal since the start of June. During that time the price has been trading inside a Channel Down. Sell on this confirmed signal and target 1920 which will make a new Lower Low. This pattern gets invalidated only if the price crosses over Resistance A. In that case target first...