Atossa Therapeutics is in the spotlight with its Phase 2 clinical trials, a crucial stage in assessing the efficacy and safety of their drug. Success here is vital for FDA approvals and advancing to later trials. However, the journey is fraught with challenges like regulatory hurdles and unpredictable trial outcomes, which can significantly sway the company's...
Advanced Micro Devices (AMD) has recently hit a notable point in its stock movement. After a strong rally, it met resistance at the upper boundary of the 20-day SMA Bollinger Bands and is now approaching the 200-day Hull Moving Average (HMA). This approach is critical as it indicates a potential shift in the stock's longer-term trend. In the last few days, AMD...
Head and Shoulders pattern from earlier this year almost fully manifested (see my previous post below) Next support is around 2.00 and if that does not hold we are looking at 1.5 and 0.8
This idea is largely inspired by @shkspr who predicted the head and shoulders pattern well before it manifested. The large upwards trade channel is what I have been using to base most my trades off. A classic head and shoulders pattern, when it fully realizes, can drop by as much as the pink arrows indicate. I consider the top part of the Head to be an...
Welcome to another update on TRON. This is about the only coin I publish TA on nowadays since the other coins are covered by a lot of people already and I mainly focus on Forex. Please also refer to my earlier ideas linked below. As we can see, Tron has been following the upper apex of the descending triangle since I first drew it. It functions as our main...
Well, well, if that doesn't look like a morning star - a bearish reversal pattern. Often candle reading only works as well as astrology but combined with the bearish flag from my earlier post linked below we could be seeing some movement downwards. Let's see what happens. This is just a studies of Bitcoin, please don't use as financial advice.
This is an update on my below linked studies of Tron. Yesterday we broke through the 4h Ichimoku which means it is cloudy today. The cloud that could have lifted us out of the descending triangle now became overhead resistance. Not only that but Tron also fell through the 50 EMA which now became another level of resistance. I have drawn a Gann fan in line with...
This is an update of my analysis linked below. As can be seen from the chart, Tron fell through the 23.6% support and is now clinging to the 50 EMA. I wanted Tron to move above the Pink line which is the upper apex of the descending triangle, but it looks like it has some difficulties. The main observation from this update is that Tron now seems to be heading...
Welcome to my analysis on Tron. As can be seen from my prior posts, I am a fan of the project and would love to see it go up, but that is not relevant here. I added my comments within the graph for easy reading. We can see that Tron has formed a descending Triangle together with the red support line. The same Descending Triangle can be spotted in the volume. The...
This is another follow up update on Tron. For prior analysis please see links below. As we can see from the chart, Tron tried to break out from my descending triangle 2 times in a row but was stopped right there. It broke 2 times through the 50 EMA though and is currently trading above it. The reason it is difficult to break out of the descending triangle is that...
Spotted this potential bearish flag on the BTC chart and then there are the clouds that we need to get through. If the flag is true and would develop it's target will be close to the blue trend line. This is only a study of bitcoin, don't use a financial advise.
Pop said the balloon. *Don't listen to me, I don't know what I'm doing*
Bollinger indicates high fluctuation, this small price spike in the morning being one of them. ETH doesn't seem to be able to break through any of the Ichimoku clouds (30m, 1h, 2, 4, 1d) and paired with the width of the bollinger band this doesn't look like we will be recovering yet. If anything it might go lower than yesterday. I hope I am wrong though since I...
I have made some good profit trading BNB in the past and I follow this coin regularly. BNB has created a large symmetrical triangle of which it broke out upwards (good) 3 days ago, creating another smaller symmetrical from which it could not break out (bad) and is now continuing south. It has hit the blue trend-line on which it now clings for survival after it...
See description of previous posts.
Just to offer some extra info. Like in my post a few hours ago I was waiting to see where ETH would move from the 1 hour ichimoku cloud. It looks like it fell through the cloud, I am now watching the 2 hour and 4 hour clouds to find a good time to buy cheap. (Don't use only one indicator like the ichimoku please, I simply combine it with the information of other...
Trend is under the cloud on the 15 min and 30 min ichimoku. The one hour moved in the cloud, waiting for it to show us where it moves. Still in an upward trend on the 4 hour ichimoku.
The screen above was a note I made for myself 3 days ago. I sold out of link at my target and decided I wanted to get back in but it was moving to fast for my liking. Link is a solid project and is classified as a solid investment by some of the more successful traders on YouTube. (At least they claim to be successful, nowadays everybody that got into any coin...