IRM is about to possibly breakout from a 6 month Wedge. Trading volume is coming in. Bullish on this one.
SKLZ is breaking out from the 6 Month Wedge and on larger scale from a 2.5 Year Downtrend. We already saw a fake breakout that got resisted by the 100MA Level. Now SKLZ managed to breakout from the 100MA. We will face resistance at $1 and on the 200MA Level. Bullish.
MVIS Broke today the 2 Year Downtrend. Tomorrow it is testing the 200 Daily Moving Average. Huge Short Float.
XRP showing a very nice Bull Flag on the Daily Timeframe. Upside Potential. Chance to Rally.
Clearly we are on a downtrend on BTC. Reasons everyone can mention some. Technical perspective on the chart indicates week Buying. This Crypto Winter will be cold and long.
Ruff times for crypto.. But there is some light at the end of the tunnel. Bitcoin is approaching the 200 Moving Average on the weekly (blue line) what should give a solid support at least for some time if price breaks through the $29.000. But nonetheless i think we see $20.000 at some point again. I am sorry for everyone who lost money in this time, especially...
Yesterday the FED raised Interest rates, with the highest increase since 2000. Recession is coming What was the markets response? Rallying. The thinking is that the Market thought the interest rate will rise 0.75%, instead of the 0.5%. Nonetheless People need to clean debt. Good time to short.
Amazon could not move past the 200 moving average, and making lower lows. Bezos already sold over a half billion of shares at $3.300 in november. Price has to search new area for demand, and test the trendline support, and possibly the horizontal support.
TSLA forming a Bear Flag on the 1H Timeframe. Time to short and let this big bear flag play out.
Bitcoin swibbling in this area. If price manages to get above the 50 and 100 Moving average, we can expect a 5% move to $42.000.
Despite the very good Earnings Report, TSLA making lower lows and lower highs. Buyers not able to push price further. Price can travel up to 25%.
Bitcoin buyers side weak. Strong selling pressure. Cant overpass Moving averages. continues going lower.
ADA forming a bearish wedge. Lot of long traders about to close their positions. Price going to fall.
Bitcoin about to retest the magical $42.000 area, before eventually move on higher, we will see.
ADA interacting with resitance zone. looks like it is about to retrace.