SHIB is moving nicely back in the parallel structure but watch out for possible corrections when price reaches FVG's (red blocks on the chart). Hopefully, price can cycle all the way to the top,but this is crypto.
God bless you all. AMZN needs a break from the downward parallel structure, and also a bullish MACD(Chris Moody) cross over for some possible bullish price action. There is also possibly a double bottom being formed. Stochastic RSI is in oversold zone. Thank God for wisdom. Please be cautious wait for confirmation and confluences and have a safe day.
After some consolidation, PEPE has broken out and has a MACD bullish crossover. Hopefully, we can have some price actions towards the outer BB or one of the upper FVGs. Be careful this is crypto
The bottom indicator is flashing. For holders, what is needed is a breakout of the parallel structure and a bullish MACD crossover, with a rising CCI levels and a RSI around 50 to 60. Be very careful. Please observe FVGs and key levels on chart.
The daily trend line may have a breakout on the 4 HR Time Frame, with a MACD( Chris Moody) bullish cross over. Be very careful, please be patient and wait for confirmations.
The MACD may have a bullish cross over below the zero line, that with a strong price breakout from the short term trendline (in yellow on the chart) maybe a glimmer of hope.
SHIB has broken out of it's main structure and appears to be forming a head and shoulders. Is this the power of tax harvesting, do you see recovery in sight? please kindly comment below.
Good day friends in this mercurial market on the 4 hour chart we have SHIBA consolidating and also a possible BB squeeze. Per our friend Google "When Bollinger Bands narrow, it indicates that the market or security is experiencing less volatility and may be about to have a significant price move: This is known as a "squeeze" and suggests that a big move is...
Please observe the recent candles on the outer boundaries of the Bollinger Band, also notice how when we started to see the recent long wick candles on this time frame combined with the RSI and CCI in the overbought zones we then had a correction. Now, notice we currently have a bearish long wick candle touch a FVG and a support, hopefully that will theoretically...
SHIB fell out of a parallel channel and is consolidating in a FVG while volume appears to decrease, but more fascinating is the possible bullish crossover of the MACD(Chris Moody). Per our friend Google ("A "MACD bullish crossover" occurs when the Moving Average Convergence Divergence (MACD) line crosses above its signal line on a chart, indicating a potential...
Hope all is well. Bullish engulfing candle at the bottom of an upward parallel channel, and Bollinger Band. Stochastic RSI and RSI are in oversold region. Bottom indicator is flashing. Not too sure, but there is a slight possibility of a price reversal.
Compound has formed a descending triangle, on the 50 EMA and on top of the 50% Fibonacci level. Breakout may be significant look for areas of interest on Fibonacci levels and on moving averages.
The good news for long term holders is that PEPE is currently above the 200 EMA and is consolidating inside of the golden zone of a Fibonacci level on top of a support level. However, there is a possibility that if we get a break out, it might be significant. If a bearish breakout, price action could possibly touch the 200 EMA if price action is positive...
Is it possible that SHIB is accumulating above the 200 EMA after it's correction, or is it in another distribution phase before mark down? It is consolidating in a Fibonacci golden zone and above the 200 EMA. It is at the bottom of it's parallel structure. Long term holders need to see strong price action from the 200 EMA with some other technical confluences. ...
We have the bottom indicator flashing. We have a bullish engulfing candle on a support area and on top of an FVG and on the bottom of the BB. Not certain, but a reversal may be possible.
Is it possible that price can break out the triangular structure and go to the VAH on the VRVP, or fall deep into the Demand Zone on the bottom of the BB(Bollinger Bands)?Currently at this time the candle is bearish watch out for strength of breakout of the triangular structure. Be safe
On the Day TF, we see price action forming around the golden zone of the Fibonacci, we see a Heiken Ashi Doji there and also the bottom indicator is flashing and also it is near the bottom of the BB. If theory is correct there is a chance but not definite of a price reversal we need some bullish Heiken Ashi candles to confirm.
The asset has appeared to break out of the Wedge like structure with two bullish Heiken Ashi candles. Will this be enough to carry it to the 150.00$ price range, I do not know? but kindly comment below