SOS closed above its' 20 and 50 day EMA while closing on a bullish 16% candle that broke out from a falling wedge. MACD and RSI currently confirming the bullish divergence that started taking place late May of this year.
Uber looks to have broken out of it falling wedge that had been developing on the weekly chart. The MACD has made a cross signaling a possible upward trend getting ready to take place. RSI made a complete retracement but did not completely reach the oversold boundary before beginning its way back up. Uber is signaling that it may be making a new trend to previous...
Here we can see a rising wedge that led us to our 50% drop, followed with a falling wedge that brought us back to 50k and.another falling wedge forming now. Bullish activity
While the DXY has continued to make gains, a further zoom out shows us it is in a falling channel. More pressure will continue to be put on the dollar if printing continues along with pressure to make exports cheaper in order to compete with other countries.
Looks like AAPL may make a retracement back to 80 dollars. This would reach a good technical level on the Fibonacci Retracement since its last run that started a the beginning of last April, shortly after last crash. This 80$ level will also be the level it was at before Covid-19 devastated the world. This price action would be making it to the 78.34% retracement...
ETH is finishing a beautiful cup and handle on the 1HR chart with a price target at 1924, setting up a possible larger swing to the upside
Antero completed a breakout of the neck line of an inverted head and shoulders pattern. It has been consolidating near the neck line, awaiting its continuation to the price target of around 13.23.
After a couple of false break outs, Gold has officially broken out of its bull flag that had been developing, if your looking to hop on, now is the time before it finishes its throwback to the break out and heads to all time highs.
Bitcoin is sitting at the top a bull flag that is getting ready to form with price action dropping to 25k-- buy here-- then continuing its run to 45-50k area. The DXY Has entered long term bear flag that may continue as we bounce of the long term support line. With more money printing on the way, the long term outlook for bitcoin will continue to be positive until...