CLSK technicals look like the price is ready to make a move up. Weekly MACD beginning to curl higher, higher highs and lows on the RSI, and volume profile support with a massive volume gap to the upside provide for a bullish setup.
BTC is approaching the time frame where historically, post-halving, the price per coin moons higher. Additionally, the US fed is...
TLT at its trend line support, peak volumes, macd looks ready to curl up, last 3 times rsi was this low we saw a considerable bounce, plus a good cpi report on Thursday should provide the catalyst needed to cause a bounce in the bond markets.
XRP holding above the 40 weekly pushing against the upper resistance trend line. Looking for a break of the trend line and a retest to go higher. If XRP holds this wedge pattern I would anticipate a break out no later than Jan 2025.
Looking at potential of a bottoming pattern for ARB. A breakthrough of the red zone then a successful retest would make me more confident that a bottom is in. MACD on the weekly also curling up and about to cross the signal line.
SOL continues to find support off the 40 weekly signaling a stage 2 uptrend is still in play. A break below will cause more pain for the coin. Looking for a move to 160 then 190 if we can hold the 40.
UPST fundamentals still not looking great, but this could be an interest rate and AI play that gets price to $50 and beyond.
Do you think we see $50 first or $25 first?
Nike reported earnings on the 20th after the market close. The stock increased by more than 12% the following day.
The price of the stock revisited the resistance level that was rejected in June and August of 2022. Before the rejections, this level acted as a support as seen in March and April of 2022. In this chart, the support/resistance zone is marked by the...
During this Semiconductor ETF's rise to the top, price retested the high 220s and low 230s zone multiple times. This price range acted as a zone of support (marked by the green box). Since august of 2022, SMH price action has struggled to rise above this zone, turning this zone into resistance (marked by the red box).
Additionally, SMH's downfall (beginning...
Since October of 2022 we have seen an interesting zone form in the SPDR Energy Sector ETF. This zone is marked by the yellow rectangle in the chart. We noted four support bounces in this zone, a breakthrough of the zone, and two rejection bounces. This support/resistance zone is one to watch over the coming weeks. A rally into the yellow zone is one to watch...
We observed heavy selling pressure in the 122.8-124.1 range for META. Since the beginning of December, META has rejected four times at the yellow zone. If META reaches the yellow box zone, watch for price action consistent with the last four reversals.
