Peace and Blessings RGTI is consolidating under a key level, and consolidating in an ascending triangle. There is a possibility of a bullish breakout with the 50 EMA crossing over the 200 EMA. For this hypothetical event to happen we need a positive price break out and price making a higher highs and lower lows above the key level. Watch out for a bearish...
On the daily chart FCEL price is resting on the bottom of a bullish FVG and on top of a supply zone in the bottom of an upward parallel channel, there is a chance there might be a price reversal due to price position in the parallel channel and in the FVG, but the trader must be cautious of consolidation and fake outs and bearish break outs. Turning our attention...
Google is moving strangely but nevertheless currently moving up a parallel channel, using the anchored volume profile tool we have the VAL at 189.27 and the VAH at 196.55 and the POC at 193.47, we can consider those key levels, and a positive entry when we get price action above the short term trend line, the price is currently resting on the 200 EMA and the VAL...
If RGTI breaks out of the parallel structure and also the 50 EMA there may be possible price action towards the 200 EMA. Please observe chart for key levels and FVG blocks and the parallel structure.
MATIC previously had a double bottom and broke through the 50 EMA and now will hopefully face off and break through the 200 EMA, please see key levels on the chart, in addition, there is a possibility that there may be a golden cross over, which could possibly be good for investors/holders. Please be careful this is crypto.
In the Short term on the Hourly Chart, we have a possible breakout of the ascending triangle. If we get a breakout to the upside there is a strong possibility of positive price action, and vice versa if we get a breakout to the downside. Please be so kind to look at the chart and see the key levels and the consolidation pattern(s).
Is SHIB forming another double bottom? A few candles back on the weekly chart SHIB formed two double bottoms on a trendline. SHIB *could be* forming another double bottom on top of Demand Zone in a FVG on the same trendline. Using the 'line with markers' chart to get another view of price action. Please be mindful this is a weekly chart, and the double bottom is...
It is possible that NVDA is in a distribution phase, and a breach below to one of the Demand levels below may verify that. The asset is currently in a range and the price is at the bottom of the range. The past resistance 132.26$ area is now the support a breach below that may usher in bearish activity. If we are in a distribution phase hopefully the mark down...
SHIB is having a bearish MACD(Chris Moody) crossover on the weekly, when this happens price tends to get bearish, SHIB closed last week with a bearish red candle, and it appears to be consolidating inside a parallel structure there may be price movement to the 0.0000244 area if price does not break the parallel structure and the short term trendline, even though...
NVIDIA closed recently with a candle with wicks that could be compared to High Wave Candle. Per literature this candle represents indecision in the market. This particular candle is at a support, and per financial texts, if the subsequent candle closes above the high of the High Wave Candle, there might be bullish activity. Also, this candle has also retraced to...
SHIB needs a miracle for a price reversal. If 0700 comes with a reversal candle, SHIB holders have a chance. The candle finishes printing at 0700 today. Currently it is forming a Wicky Candle(candle with shadows, wicks) this candle is in a FVG and on top of a Demand level near an upward trend and in a upward parallel channel. Be wary of the parallel structure...
IOVA holders/investors need an Heiken Ashi confirmed breakout with a bullish MACD crossover, with a RSI around 60. Stay safe and encouraged.
Is there a chance that IOVA may break out of it's Wedge shape pattern soon?
It appears IWM is consolidating, possible double bottom. Could be incorrect but it could be in the accumulation phase. Bottom indicator recently stopped flashing, last candle was bullish. MACD(Chris Moody) may have a bullish cross over. Breaking out is needed to see which way price is going to go. Please be safe and double check.
Bottom indicator recently stopped flashing; followed by a Marubozu candle after a Doji candle was previously printed, and there is price action moving upward from the bottom of an upward parallel channel. The MACD (Chris Moody) is showing signs of possibly having a bullish cross over and stochastic RSI is in the oversold region. These confluences may indicate a...
We have two bullish candles on the bottom of an upward parallel structure, and one of those candles has appeared to have broken out of the minor downward trend, in addition we just had a bullish MACD(Chris Moody) cross over. These confluences allude to *possible* positive price action. Please double check and stay safe.
Double Bottom appears to be forming on a bullish FVG with a possible bullish cross over on (Chris Moody) MACD; these confluences allude to a *possible* price reversal. Please wait for confirmations and confluences. Please see chart for key levels. Have a great day.
We have an intriguing long wick candle, resting on the basis of the Keltner Channels (KC) and on a key level and near a small FVG. Will this candle allude to price consolidation or price reversal or joy for the bears, the continuation of the red wave?