Good day Team: Shib is in an ascending triangle and needs a strong breakout from 0.00001337 to start a short term upward trendshift, even then it is still under the 200EMA and 50 EMA so long term trend will still be bearish until those levels are broken. Be careful and watch for the breakout of the triangle.
The QQQ has been respecting the 50 EMA since 2023 and has been forming and upward parallel channel, but now the QQQ is testing hard the 50 EMA, the price is hovering right below the 50 EMA; however, price still closed inside the hypothetical upward parallel channel and in a flip zone with wick candles. Keep your eyes on price action and the channel and the flip...
Good day Team: The market has been moving quite mercurial lately. On the daily on the triple Q we have consolidation that can determine price action upward for the buyers and downward for the sellers. However, we may have some confluences that may possibly favor the buyers. ✅ MACD (CM_Ult_MacD_MTF) Histogram is turning positive, signal lines crossed bullish. ✅...
Good day please see chart for key level and visual representation of the flag 📌 Hypothetical Strategy ✅ Momentum Entry (Bullish Breakout of Flag): Condition :Detail Trigger :Close above $30.50 with bullish candle and volume and clears possible flip zone Stop Below $29.50 Target 1 $31.50 Target 2 $32.27 (key resistance) ✅ Value Entry (Pullback to 200 EMA /...
🎯Hypothetical Strategy Direction Entry Type ✅ Short Value, Entry Trigger: If price retests $8.50 & rejects again Above $8.60 Stop Target $8.20 → $8.00 or if price breaks below the 50 EMA ✅ Long Momentum, Entry Trigger If price closes above $8.58 (200 EMA) with bullish candle Below $8.45 Stop Target$8.93 → $9.20 🔔 Right now, the chart leans bearish bias under 200...
Optimal Trading Strategies Based on Key Levels ✅ Bullish Scenario: If Price Holds Above $0.30 Entry: Above $0.31 (Confirmed breakout). Stop-Loss: Below $0.27 (Invalidation). Target 1: $0.40 (Key resistance). Target 2: $0.51 (ChoCh & major trend reversal point). Risk-to-Reward (R/R): 3:1 or better. ✅ Best Confluence: If price retests $0.30 as support after...
📌Ascending Channel ✅ Bullish Strategy (If Price Holds Above $9.60 Support & 50 EMA) Entry: Near $9.60-$9.71 (Confirmed support hold). Stop-Loss: Below $9.30 (Invalidation of support). Target 1: $11.22 (ChoCh Level). Target 2: $12.34 (Major resistance & key level). Risk-to-Reward Ratio (R/R): 3:1 or better. ❌ Bearish Strategy (If Price Breaks Below $9.60 EMA &...
✅ Bullish Case (If Price Holds Above ChoCh - $12.39) Entry: Above $12.50 (Confirmation of 50 EMA break). Stop-Loss: Below $12.30 (Invalidation of ChoCh). Target 1: $13.07 (Key Resistance). Target 2: $13.46 (Major Resistance). ❌ Bearish Case (If Price Falls Below ChoCh - $12.39) Entry: Below $12.30 (Confirmation of failure). Stop-Loss: Above $12.50...
On the 10Day Chart price had a serious correction, investors want to know is it over. RSI is kind of bearish/neutral. Stochastic RSI says there is more room for price to decline. However, we have a high wave candle in a bullish FVG zone with price rejection around the 11.00 price range. On the 10Day Chart we are going to need price to clear 13.55 price for more...
Good day team, good job RGTI holders this past Friday, but please be careful because in a few days if price follows this downward parallel channel, price may decline and if it does breakout the parallel channel it has to overcome the 13.07 price range for good long term bullish action. Please look at 10 Day chart for key levels.
There is a downward descending channel with a potential double bottom forming inside if we can get a breakout of the channel and of the resistance we might have some bullish activity hopefully to the 50 EMA; however, the current sentiment on the chart is bearish and if we have bearish break out bears are in control. Please see chart for more clarity.
Please observe the wedgelike structure for SOFI, we had a little boost on Friday but not enough to close out the wedge like structure, price needs to overcome 12.50 and make a higher low or retest 12.50 for a safe long entry, if price falls back below the low of the wick candle and inside the wedgelike structure the shorting may continue, please observe the chart...
Here we have SMCI on the hourly chart, we recently just had a bearish cross over with the 200 SMA crossing over the 50 SMA. Price was consolidating and then broke out of the downward parallel channel but if price does not overcome the 39.16 price, we might see some lower prices for SMCI. Please see chart for key levels
good day team, please see how that value zone resistance crept back into the picture, we need a clean break from that resistance and possibly a retest, please be careful, please observe the falling wedge we are breaking free from, also notice how the 50 EMA is serving as a resistance
For MATIC to get back in the game it must break and retest the 0.3010 price area, The oscillators are looking healthy let's hope we continue to get some good price action!
SOFI is appearing to form a double bottom; will it be enough to push through 14.80 and get a little mini pump or is price sadly going to fall through 13.60 and have a little dump?
Strangely XLM is still above 200 EMA, and it made a bullish hammer on the 200 EMA, if today's candle closes above the hammer candle, that may be a sign of some positive price action, also if we can get an upward break of the 10 EMA and the trendline that would be great confluences. Please see chart for details.
Good day Team: With time we can tell. SOFI is consolidating after an intense correction at a key level 14.65; at times past that level served as a reversal after prior consolidation, but we need a lot of buying pressure to reverse that downtrend. Have a good day please stay safe.