Long Wick Candle in the golden zone of a Fibonacci level. Is the double top correction over. Let's keep and eye out for price action around the hammer candle and watch out for fake outs and be mindful of corrections and other time frames.
Good day many thanks to Marta from Real Life Trading Academy from pointing out the hypothetical head and shoulders on the daily chart, please observe possible hypothetical downward action for SOFI and the key levels. All the best, remember anything could happen so please be safe and careful only go crazy paper trading with fake money.
We have a long wick candle on the daily facing off on a key level, will SMCI be triumphant and have a clean break out with no fake out, or will we encounter resistance and have a pullback/correction. Be safe and be fluid.
Is SMCI going to consolidate now or tap into 64.33 key level and then go touch the FVG? Even though we had bullish momentum candle that broke the 50.51 resistance recently, and a bullish MACD(Chris Moody); the Stoch RSI and the RSI and CCI are overbought. Should we wait for a retest of the 50.51 resistance or a pull back to the FVG? What do you all think?
The altcoins must hold on to this Demand Level and Support area, last candle was a long wick candle offering hope that there might be a price reversal but we need some reversal candles so we can get close to the target. Please see charts for details.
RWT is currently consolidating inside of a parallel channel, if price closes below 6.10 level, we might have shorting action to the 5.65 level, if price closes above the 6.68 level, we might have longing/buy action. However, if price goes to the 5.65 level, we might have a nice price reversal if there are no fake outs. Please be careful and have a safe day.
If BTC can cycle up and oscillate in this upward channel we have a chance, but if it falls out the channel and even worse the 97,277 price range we might have some bearish price action. Please see chart.
Good day Team: We hope all is well. BONK needs price movement beyond the 0.00001886 price to get back into bullish momentum and to recover from that double top. If we can get that MACD crossover with some bullish reversal candles we may have hope. Hopefully, the bottom indicator also gives us some good news. Please see chart for visual explanation.
Good day Kind People: How are you all doing? BONK is currently consolidating on a key level in the Demand Zone, if we can get a strong breakout from the 10 EMA and from the consolidation, that could probably be a good time to go long. Please see chart for key levels
Please observe that MATIC is in a theoretical value zone, keep in mind when this asset/crypto reach this zone in the past it at times had a price reversal, use this concept with the SAR indicator, to maximize confluence in addition with the SRSI and RSI for a better price prediction. Please be careful and remember this is crypto and be alert that the asset does...
Good day Team: If we can get a bullish MACD crossover with a strong upward break out, we might have a nice short term bullish momentum. Be safe!
Will Wednesday candle be a reversal candle we need today and tomorrow candle to verify. Wednesday candle was also near the Fibonacci level?
There is a key level on the hourly chart, I labeled it Hope, if price can reverse from that level we can continue the uptrend. Hope is also on the bottom of a Fair Value Gap. If price falls below 0.30 we are bearish. Let's hope for a bullish reversal candle and a bullish MACD(Chris Moody) soon.
Is the price correction a possible retest of the rectangle? Please observe the 0.00001643 key level, and notice it is in a FVG and close to the 50 % Fib level. Please be careful and have a nice day.
Bearish MACD indicator but price still above 200 EMA, which is a sign that asset is still in an uptrend. Price is resting near the golden zone on the Fibonacci level and in a Fair Value Gap, hopefully there will be a price reversal soon. Hopefully, price does not fall to lower Fibonacci levels. Please see chart for Fib levels and FVGs(in green and red blocks).
Hope all is well Last candle CCI was around 250 hypothesizing that the asset was overbought. MACD(Chris Moody) is bullish. Asset making higher highs and lower lows. Hypothesizing that correction may stop at one of the FVGs in the green blocks on the chart, or Demand Zone or hopefully closest key level. Please see chart for key levels and FVGs and Demand Zone.
SHIB is currently forming a double bottom in and triangle. Please see key levels on chart. Please confirm breakout and watch out for fakeouts
Hopefully, we get a breakout that will fill the red FVG gap on the chart. But it looks like the MACD(Chris Moody) indicator is bearish and we might test the green FVG gap or the Demand level below on the chart. Please be careful and confirm breakouts. Have a safe day.