Many thanks to @fritbjorn on his analysis earlier comparing this asset to MATIC. Here we have a long wick candle forming very near a key level and a Fair Value Gap. We also have the CCI close to -200 alluding to being oversold and a price reversal. We also have the bottom indicator flashing green saying the bottom is in or close. Just keep and alert eye for...
Even though MATIC broke out of its parallel structure, it failed to Choc (change of character) It's struggling around its previous high. Hopefully, price just needs to retest the structure.
Please observe BONK on the weekly Chart, please observe the long wick candle forming around the supply zone and the golden zone on the Fibonacci level. Also, observe the CM_Williams_Vix_Fix Finds Market Bottoms indicator flashing green saying the bottom is in or close. If the week close out with these conditions, there is a possibility of price reversal. In...
BONK maybe coming out of a downward trend, it broke out of a parallel channel and recently made a Change of Character which may carry out a trend reversal, RSI levels are very strong and CCI levels are healthy. Intraday analysis
Here we have the cryptos excluding the top 10 dominant crypto. Per Google "Other.D" market cap typically refers to the combined market capitalization of all cryptocurrencies excluding the top few" These cryptos were overbought and now they are oversold, please see Stochastic RSI and RSI levels. Per Google, after a golden cross, there tends to be a correction to...
After the golden cross there is usually tendency to price to retest the long term moving average. Price *may* further retreat to the golden zone of the Fibonacci Level or to a Demand level. There are quite a few FVGs around the golden zone. The Moving Averages used are 50(blue) and 200(red)EMAs. Also, notice the Head and Shoulders that was formed. Have a safe day
Possible head and shoulders forming on MATIC please be careful. Possible movement to golden zone on Fib levels where hypothetical FVG and Demand Zone are near. For now still above 200 EMA
Possible head and shoulders forming on MATIC please be careful. Possible movement to golden zone on Fib levels where hypothetical FVG and Demand Zone are near. For now still above 200 EMA
Greetings Team Do we have a possible bull flag being formed or will we see a pull back to the 21, 50, or 200 EMA with a reversal candle?Or is this just the beginning of the distribution phase leading to a mark down? Please share your hypothesis below
TDOC has returned to a value zone, however it is still consolidating, once we get a breakout hopefully positive, we will know, if the mark down is finished. Have a great day
The long term trend for INTEL is bearish it is below the 200 EMA. However, it has been making higher Highs and lower Lows. It has formed a broadening Wedge type structure. It is now at the bottom of the Wedge type structure, be alert for price movement outside of the Wedgelike structure. There appears to be signs of a bullish divergence with the CCI and price....
Descending Triangle being formed with CHPT. Hopefully key move to the up or downside in a few days.
Possible but not sure of a retest of wicky candle on ascending triangle, and possible support from 50 EMA. Another view of this Asset. Please be careful.
This asset recently broke above the 200 EMA and is consolidating in and descending triangle with healthy RSI readings. Watch out for bullish or bearish breakout. We need another miracle. If you can check out @without_worries TA on this asset.
CHPT seems to be forming price action in a descending broadening Wedge. Break out in either way may lead to significant positive or negative price action. Even though it is approaching the bottom of the Wedge, there is a support level and demand level there and a FVG so that might prevent further collapse of price. Be very careful.
Here we have a peculiar candle currently residing in a powerful Demand Zone. Will the Demand be enough to reverse it out of the downward parallel channel or will price go further down to the support level?
Many thanks to @without_worries, for bringing this asset to our attention. He is a very wise man. Here we have this asset per the chart a golden cross ( 200 and 50 SMA) is highly probable in a few days but not definite. There is a long wick candle resting on the 50 SMA and 50 EMA after some bearish activity alluding to a possible reversal. The long wick candle is...
SOFI broke out of it's parallel structure and the next hurdle is to break through the 16.37 ish resistance and close above it hopefully with alot of volume. Oscillators CCI and RSI and SRSI are healthy and braid filter is in the green. Have a safe weekend