CHPT is not doing too well Do you great people think CHPT can break out of the parallel structure and touch the Supply Zone on top? It is currently resting in a Demand Zone previous candle was slightly bullish. It needs a miracle. Keep your eyes on the RSI and SRSI levels.
Wow, what a week for the Jasmy Holders. A week of miracles. Crypto is a strange place. Let us turn to the charts. What we know is that Jasmy is in an uptrend. What we know recently is an old wick got filled, and there is a similar area above which could possibly get filled and even though the week candle did not close yet, there seems to be a bearish divergence...
Yesterday's candle touched a Demand Zone, is SHIB going to try and get close to the Resistance area. CCI indicator levels and RSI levels are very good please keep an eye on SRSI levels. Stay encouraged and stay safe don't bet the farm.
Greetings Here is Tesla on the day chart. Please observe the HH and HL being formed. Please observe the ascending triangle. If price breaks downward there will be a change of character, puting a halt to the uptrend , if it breaks above it, it will continue the uptrend, if neither the price will consolidate into another consolidation pattern. Please observe the...
Friendly reminder, that the Altcoins are in the overbought regions for the SRSI and the RSI and price is near a key Resistance Area/level. Have a safe day.
Greetings Here we have Tesla on the 4 hr. Chart. It is in an upward trend. Please observe for break outs of both parallel structures especially the minor one. The minor one will help determine the next move and if the trend will continue. Tesla is also above the 21 and 50 EMA which is very good. SRSI level is almost healthy. RSI levels are healthy. Please be careful.
Greetings SHIB on the monthly needs to close above March 2024 closing price to continue the uptrend and not form a double top and have a possible price reversal. RSI and SRSI are very healthy for now. Have a safe day
BONK is consolidating inside a symmetrical triangle on a trendline on a key level.Standing by for possible breakout, either more fluctuation or price reversal or continuation.
Greetings SHIB RSI is around 70 it is in an uptrend and RSI levels for overbought is 80, SHIB is above 10 and 50 EMA, even though SHIB at the moment is engulfed in an old Supply Zone there is still and unfilled Wick above it. SHIB may be engulfed in an old Supply Zone and it has two major resistances to surpass before getting close to all time highs. Have a safe day
POLYGON on the monthly is currently in the Demand zone and in an descending triangle. One observation from prior months is that when there is a bullish candle in this zone there is bullish activity. However, descending triangles have the possibility to be bearish. The positives are that we have a bullish candle in the Demand Zone and some unfilled Wicks above...
BAT broke downward from it's consolidation pattern but found support on the 50 EMA and trendline. SRSI is healthy and MACD may make a bullish crossover. Please observe Swing High and FVGs they may pose as reversal or correction areas. Have a safe day
Jasmy over the past few months have been making HHs and HLs, Jasmy holders nearly had a scare because on the monthly chart there nearly was a head and shoulders forming but hopefully November's 2024 Candle will stop that pattern. Tomorrow we will confirm if Novembers candle will be bullish, if it is we will have a break of the short term trendline which will show...
Yesterday BONK had a great break out. Today we hypothesize that BONK may retest the parallel structure. Be very careful do not bet the farm this is crypto. Have a great day
Greetings This is BAT on the 1 HR Chart. Please notice the HHs and HLs. Please notice that it has appeared to pull back and consolidating in a parallel structure. Please notice the CM_Williams_Vix_Fix bottom indicator just stop flashing. Please notice SRSI is in oversold region. Please notice price is above the 50 EMA. Please observe parallel structure and watch...
Greetings Thank you for your time. Please observe after a series of Higher Highs and Higher Lows, (Polygon)MATIC is consolidating in an ascending triangle around a key level. Please observe the FIB levels. If price can move with momentum out of the triangle we *may* have *bullish* activity and price targets would *possibly* be the hypothetical FIB levels. Also, a...
Greetings Thank you for your time. BONK is consolidating on a key level and on a trendline, attention should be paid to the consolidation pattern and the direction of the price break out
cm williams vix fix is flashing green hypothesizing the price is at a temporary discount and close to or at bottom. We might have reversal candle at the Wedge shape structure let us see if the next candles will bring us Higher Highs and Lower Lows. Be very careful
Many thanks to @VIPROSE for her pointing out that SHIB is currently consolidating. Please be careful with this candle and the next candle, check for Higher Highs and Lower Lows on these next two candles and for positive SRSI readings and the MACD and the RSI. Hopefully it stays in the structure and break out up and not fall to the imbalance area or demand area?