volume on btc has been declining even though price has been recovering from april lows. still have target of around 42 - 44k. Timeframe should be near mid to end of may.
tech seems to have more downside in store. Double top could be in play if 344 neck line is broken.
Bearish pennant forming on the 1 hour timeframe. Target is around $42,000-ish. Zone is based off pole length of bear flag and fib extension zone.
COINBASE:BTCUSD Bitcoin is holding the trend line still (golden line on chart). It is now consolidating to let the RSI reset through time for next leg up. If you measure last run (starting about 12/14/20) it gives us a price of just under $60,000 by Chinese new lunar year. We have strong support at 32k and strong resistance around 40.7k. Watch both trend lines to...
Hello Everyone. Looks like TSLA has cooled down after battery day hype. My 1 day chart shows a symmetrical triangle to be ending soon. Seems like earnings might push it into a strong movement into either direction. RSI and MACd showing neutral as well. Might be a good time to pick up straddles if you are into the options game. This is NOT financial advice.
Looking like gold is forming an ascending triangle. Temporary bullish rush or perhaps dip is done. Time will tell. This is NOT financial advice.
MVIS making a good climb this week. Moving averages look good. If keeps up could see jump on Friday.
WAFU had a nice bounce at market close. The move continued in the after hours. I can see it making a run in the pre market tomorrow. It will have to break the strong resistance around 7.50 to keep a good move throughout the day. Good idea to put on your watch list for tomorrow, 7/10/20. White lines are R/S lines. This is NOT financial advice.
XSPA forming a falling wedge. Should end near market close today. We'll see if moving averages keep up trend. This is NOT financial advice.
Bullish pennant forming on GNUS. We'll see if end of week sell off kills the pattern or not. Fib retracement is support lines. This is NOT financial advice!
BYFC falling wedge. Seen better on smaller time frames. Fib retractment are supports for today. This is NOT financial advice.
Bullish flag forming on VXRT. Using fibonacci retracement as support lines. Should end after lunch. This is NOT financial advice.
White lines are R/S lines. Orange is trend lines forming a falling wedge that should end around 5pm EST. This is not financial advise.
VXRT looks to forming a bullish flag. Should close by EOD 6/25. Fibonacci retracement 50% holding.
Bullish ascending triangle. white lines are S/R lines.
Hello Everyone. Looks like WAFU triangle is closing by today or early tomorrow. It is a bilateral pattern so it will either go up or down by EOD today. Time will tell. All my day traders should put this on their watch list. White lines are support/resistance lines. 1 hour chart. Pink 9MA. Purple 20MA. Blue 50 EMA. Sky Blue 200 EMA
Bullish flag finishing at June 4th around noon EST. Next bounce based off last bounce %. Support is white line. Trend is Red. Possible bounce is green line.