If we can go climb over $1.5 and some change its a good probability that $2.00 can trade as their is almost no trades on this transit area. Then slow grind back down to liquidity area of around $0.50 or lower.
As I predicted back in October of 2021 ADA will sweep down into the liquidity pocket at around .07 cents. Watch for low price action activity for weeks maybe months in that area followed by a renewed bullish Interest.
ADA has put in an impressive work but like everything goin up it needs to come down and retest the lows 1.48 - 1.58 where it exploded from before testing new highs just bellow the $3 handle.
SPX is about to dump at 4430 support now looking for 4400 maybe a short position holding over the weekend. PA held withing the bottom of level 4436 for over a week, now broke through and touched 4427 before retreating to a limited upside at 4437. Much supply at the 4439 - 40 levels putting downwards pressure of the index
Loking for $3.50 for this stock recent bounce of 50 day MA and finding support on anchored VWAP should be good for this biotech stock.
if price action does not close above $19,400 we may see a long term trend downwards towards major supports all the way down at $6000. I
After all we are humans, Bitcoin is coming down. Sell and place stop above 18000 next big support @ 16250
BCHUSD will likely see more gains within the next week only to be meet at the psychological resistance of around $2000. Daily chart contains an upside-down hammerhead candle which is indicative of a pullback. In a pull back scenario a price of $1300 is possible although buyers will likely pick up any sorts of discount before then. Momentum and strength appear to...
BCHBTC up against a formidable resistance with sellers wiling to take profits. Price action may get rejected at short term resistance, while a retest will likely be bought for a successful penetration for new highs.
EOS revisiting price back from July. MACD momentum is peeking, RSI strength is overbought. Price action have managed to break through the top of the trend and appears to be gaining momentum, first penning 38% Fib then making it to 50% fib trace of @ 2.97. Will it penetrate through the 50% or settle back down to upper trend channel? With irrational price action in...
LTCUSD resistance became support at this point. This would be a good time to take some profits off the table. Expect to see consolidation for the next couple of days. As the price action finds support at the levels from September 1 - 2, its up to market to decide where to go from here. And as always keep those stops tight.
ZECUSD price action is in the last stage of creating a cup and handle pattern which will iveitably shoot out to the upside of not less than 50% in the near future. A retrace of 50% Fib can be expected as there are two long term resistance levels present. With a sustained push and momentum behind, target of $500 is attained easily at 128% fib. If resistance pen is...
Updated trading idea on LTCUSD. using $80 as support with a run to test resistance at $89.30
price action for LTCUSD is trending at the top of a trend-channel and will likely pull back for a correction at long term. Short term gains are limited to about 5%, while you can expect a long term pull back of about 10%.
BTGUSD needs another day to close under resistance before selling to meet rising trend-line.
price action of XVCUSD consolidating at the resistance level at the wedge apex following a multi month trend line. A breakout to the upside would mean a return of 80% until any real resistance at $1.2968.
OMGUSD broke out to the upside from long term wedge pattern. 1st resistance 49% and 2nd resistance 73% gains are expected. Momentum appears to be absent with more consolidation ahead. Stay at sidelines until a clear direction is evident for a trade up or down.
IOTUSD price action is staying at the upper part of trend channel and will likely test a resistance set from September. Depending if support at .6425 holds this can be a springboard from which further gains can be made. MACD indicating direction change and RSI is pointing down sharply.