TheCryptagon

TheCryptagon

Dow Jones is trading inside a Channel Up and yesterday's low was on the 4hour MA200. With an emerging 4hour Golden Cross, this is a buy signal on the short-term. The 4hour MACD is also about to make a Buy Cross, a very consistent buy opportunity. Target Resistance A at 34260. Previous chart: Follow us, like the idea and leave a comment below!!

TheCryptagon

EURUSD capitalized on the 4hour Rising Support that flashed a Bullish Divergence, while the price was still declining. The Lower Lows eventually have now turned into Higher Lows and potentially a Channel Up. Since the May 31st Low, the Support has been holding so now is a low risk level to buy and target the bottom of Resistance Zone B at 1.08100. Previous...

TheCryptagon

Gold / XAUUSD hit the 1day MA100 and rebounded again over the 4hour MA50. That is the same bottom confirmation signal that the market gave on March 9th. The 4hour MACD is about to make the 3rd straight Buy Cross on a Rising Support again same as in March. Buy and target 1985.50 (Resistance A) short term, 2020 (Resistance B) medium term and 2080 long...

TheCryptagon

The S&P500 / SPX / US500 is extending the rise inside the long term Channel Up, supported by the 1day MA50. As long as the 1day MA50 supports, we will stay bullish with the 4330 August 16th 2022 posing as the next Resistance. Every rally inside the Channel Up however has been at least +9.50% so we expect a peak on the Channel Up top at 4400 if the August 2022...

TheCryptagon

Lido DAO / LDOUSD is inside a short term Channel Down pattern that is within a larger Channel Up. The price is now near the top of the Channel Down. As long as it stays under it, short and wait for a lower bottom but at 1.5000. If it crosses above the Channel Down and closes a 1day candle, buy the break out. In both cases, target 3.5000. In 1day RSI terms the...

TheCryptagon

EURGBP is approaching a Triple Support combination: Support A (0.85500), the bottom of the Channel Down, and the 1day RSI's Channel Down bottom. The 1day RSI is also oversold under 30.00. As long as the price closes over Support A, buy and target the top of the Channel Down at 0.87500. If it closes under Support A, sell and target Support B at 0.83700. Follow...

TheCryptagon

Nasdaq / NDX / US100 is near the top of the 6 month Channel Up. Since the middle of that pattern, it started to form a narrower Channel Up. So far we have had 3 correction waves inside the larger Channel Up, each less aggressive than the previous. The 1day RSI is forming a Rising Resistance pattern same with the previous in February 2nd that priced the peak of...

TheCryptagon

WTI Crude Oil / USOIL is on a strong 1 week selling streak after the rejection on the 1day MA50. With the MACD on a Sell Cross and the price long broken under the Rising Support, every similar past sequence hit at least Support A. You can even sell on the current market price and target 64.50. The long term trend remains heavily bearish inside almost a yearly...

TheCryptagon

DAX hit today the bottom of the short term Channel Up. This is inside a larger Channel Up pattern that started during last year's market bottom. As long as it holds, especially the 1day MA100, buy and target 16600 on a +6.34% repetition of the first short term Channel Up rally. If the price closes under the 1day MA100, sell and target the bottom of the long term...

TheCryptagon

EURUSD is trading inside a Channel Down on the 4hour time frame with the price near its top and the 4hour MA50. As long as it closes the candle under the 4hour MA50, sell and target Support at 1.06710 on the short term and the bottom of the Channel Down on a -1.17% decline at 1.06200. If it closes a candle over the 4hour MA50, buy and target the 4hour MA100 at...

TheCryptagon

Dow Jones / DJI is trading inside a Channel Down pattern for more than a month. The price is now under the 4hour MA50 and as long as it closes there, sell and target close to Support A at 32600. A crossing (and candle closing) over the 4hour MA100 will be a short term buy signal targeting 33400 (top of the Channel Down). A crossing (and candle closing) over the...

TheCryptagon

Gold / XAUUSD is trading on the 1day MA100 at the bottom of the long term Channel Up. The downside potential is technically limited to a -7.95% decline on the dotted Channel trend line. The lowest risk trade is to buy after the price crosses above the 4hour MA50. Target 2080 (All Time High). Previous chart: Follow us, like the idea and leave a comment below!!

TheCryptagon

Nasdaq / US100 is rising following a rebound on the 4hour MA50. The pattern is a Channel Up with the 4hour MA200 the medium term Support since March 16th. This rally can complete a +13.40% rise if it follows the March 13th - April 4th bullish wave. Buy on the spot and target 14400. Previous chart: Follow us, like the idea and leave a comment below!!

TheCryptagon

S&P500 / US500 approached the 1day MA50 again. This level has been supporting since the March 29th break out (almost 1 month). Buy as long as it holds and target the dashed Rising Resistance at 4230. Sell if the price closes under the 1day MA50 and target the Megaphone's bottom at 4030. The 1day RSI is consolidating inside a Rectangle whose highs and lows give...

TheCryptagon

Dow Jones is finding support on the 1day MA50, forming a Triangle pattern. The same pattern during the late December 2022 consolidation, broke upwards and reached the previous High. Up to this point, even the 1day RSI structures since the Falling Supports are very much alike. As long as Support A holds, buy and target 34200. If it crosses under the 1day MA200,...

TheCryptagon

Gold / XAUUSD is declining, which is a technical pull back inside the long term Channel Up. A 4hour Death Cross will be formed tomorrow and in the past 12 months it has been a bearish signal of sell continuation. We expect the bottom to be either on the 1day MA100 (1930) or the lower dotted line (1910). In either case, over Support A as on February...

TheCryptagon

WTI Crude Oil is rebounding on the Rising Support, internally inside the Channel Down pattern. The 1day RSI remains under 50.00, so there is still time to buy this bullish wave to the top of the Channel Down. Target the 1day MA100 at 76.00. Open 1st Sell there and 2nd (if required) on the 1day MA200 (which formed the previous top) at 79.50. Target on both...

TheCryptagon

EURUSD formed today the first 4hour Death Cross since February 14th. That alone is a very bearish signal. Despite Support A, target on a short term basis 1.08100 and the 1day MA100. Cross under Support B, sell again and target 1.07125 (Support C). Buy only if the price crosses above the 1day MA100. Target 1.10950 (Resistance A). Previous chart: Follow...