AMEX:IWM Original Chart : Been eyeing IWM lately, and honestly, this setup has the kind of potential that could get even the most cynical trader to sit up and pay attention. We’re looking at the *beginning* of a cup-and-handle-esque pattern so pristine it belongs in a TA textbook—classic accumulation followed by consolidation, like the bulls are quietly...
In examining high timeframe setups for SKL on Coinbase, I was initially drawn to the notable trading volume, a key indicator of market interest and potential trend shifts. Upon further analysis, an Adam and Eve pattern emerged on the chart. This classic pattern in technical analysis signals a potential reversal from a downward to an upward trend. It features two...
Diving into the TIA Daily Log Chart got me thinking, and I wanted to bounce some ideas off you all. I've been playing around with measured moves from past breakouts to get a feel for where the current momentum might take a breather. Interestingly, what I found syncs up with the 2.16 Fibonacci extension level. There’s this neat confluence happening right around the...
In a comprehensive analysis of the historical logarithmic weekly chart of UMA-USD on Coinbase, we can glean valuable insights from the interplay of candlestick charting, the Head and Shoulders pattern, and the significance of analyzing volume. This combination offers a multifaceted view of market dynamics and potential trend reversals. Head and Shoulders...
I didn't give this much thought, but here's what I got at first glance. Breakout on increasing + above average volume (see arrows). bull flag, if confirmed, can run to 0.90. Always use stop-losses.
I was just looking at the MARINADE MDE-USD COINBASE chart and had a hard time thinking this is the top. What does the volume tell you? Where is support? Where is resistance? Does a trade make sense? What timeframe are we basing actions on? Just a few of the things I think about. Because the BTC ETF decision is so close, I'll be quick to cut any trade....
Just looking back at SEI-USD on COINBASE and figured I'd put my thoughts out there. By no means am I a professional--just trying to learn a few things along the way. Peep the chart and let me know your thoughts. I'm always looking for ways to improve my trading!
Personally, taking a stab at a long position here. COVID19 has the market acting crazy so I'll have a tight stop!
Pretty simple trade--Solid earnings release / breakout from triangle. Measured move / Fib levels put us around $80 mid-2021. Always use stops!
Just my quick thoughts on ETHUSD on COINBASE ALWAYS HAVE A PLAN FOR BOTH DIRECTIONS!!!! ALWAYS SET YOUR STOP LOSSES!!!!
Adding to my position here in anticipation of a bounce off of previous resistance, turning it into support. Will fully Long when/if breakout is confirmed. It also looks like a massive inverted H&S--if confirmed and neckline breaks, we are looking at ~$20/share and attempting to close the gap. ALWAYS HAVE A PLAN!
Could it be? Maybe! Maybe not! I'll manage a small long position on STRAT here.
Most indicators giving bearish signals on the 20M timeframe. Using fractals, I'm looking to add to my bags at $175! We'll see how it plays!
200 Day Moving Average continuation shows some longer term support, while "SELL" signal in FRACTAL A could repeat as "SELL" signal in FRACTAL B. Maybe it's HOPIUM, MAYBE IT'S NOT!