xtremerider8

xtremerider8

While others are still retracing, MATIC seems to be gaining 2% holding 1.65 for now. Uptrend channel remains intact as it bounced from the lower channel. See the TP levels in the chart. It must hold 1.533 to be bullish. Matic is one of the few coins with very good fundamentals. Not trading advice

xtremerider8

Nio fell down from a falling wedge, made an island reversal. Then quickly went above the wedge. I think the ABC bottomed at 13.01 & Nio will be making a new 5 waves up. Nest 2 targets are 26.20 & 34.20. It must hold 21 to be very bullish although retracing down to 17 is still normal. EV will still trend in 2022 as the world realizes the need for alternative green...

xtremerider8

Gold now retracing, perhaps making a cuphandle. The next Fib support levels are 1920, 1883 & 1833. If gold finally breaks out CUP above 2000, the ultimate destination will be 2500. Not trading advice.

xtremerider8

See chart copper trying to breakout of this consolidation box. Measured move is 5.70. Copper is a good indicator of the economy/ Not trading advice

xtremerider8

If Palo Alto is able to hold the top of the megaphone pattern, you can expect the next 3 targets on the chart. However with RSI overbought, it may still retrace to 556 an important Fib support before any more upside. With so many geopolitical uncertainties ahead, cybersecurity will see much more upside in 2022. Not trading advice

xtremerider8

PLTR may have completed its BIG ABC correction. It may still go lower to the red max pain box with ABC 1:1 level at 7.17. However, this is unlikely since RSI & Macd show bullish divergences. Also PLTR already crossed & retested Dma20. It also crossed the green dma50 line which may act as support. Currently looks like it is trying to BO of the yellow consolidation...

xtremerider8 Updated 

OKTA is already basing out with RSI holding support & now slightly up while prices fall, showing some divergence. Of course it may still fall a little with max pain at the 125 red zone but right now it recovered 50% of the potential consolidation box at 157 midpoint. Watch carefully tomorrow the reaction at 157. If It bounces up, 191 will be the target TP level....

xtremerider8 Updated 

Fundamental analysis of the big picture below. On daily,SPX so far is defying a deathcross trying to retest 4600. However,Rsi is already oversold & may retrace a little to support @4400 before the historical April rally. On the weekly chart here, SPX seems to be following the general movements of my fractal taken from the microphone pattern of 2018-2020 & already...

xtremerider8

As I posted middle of March, we are waiting for reaction at 0.85 critical decision point. Well XRP weeekly chart just broke out of falling wedge abpve wma 20 looking very bullish. Not trading advice

xtremerider8

As I first posted on 23Mar, truly BTC formed the LS in 23 days, the head in 66 days & the right shoulder in 22 days. On 27 Mar it rallied with strength breaking out of the very crucial 46K. BTC right now is above the dma100 & will soon be attacking the dma150, then the red dma200. There are few horizontal resistances in this zone so if it succeeds, then the next...

xtremerider8

Pls see the next 2 price actions in this monthly chart with a very long hammer candle. Not trading advice

xtremerider8

Aust economy seems to be doing well despite Russian invasion causing supply problems in Natgas & wheat. Aust is rich in natural resources. So maybe EWA is also a good hedge against FED increasing interest rates to control rising inflation. (I hope it is not too late because the 2yr-10yr yield is very near zero. The short term rates rose tremendously in the last...

xtremerider8

In this daily chart, we can see LRC reversed from a FIBO 0.854 retracement & is now trying to BO of Ichimuko cloud as well as dma100 violet line after 2 weeks of >20% rally due to news of its partnership for GME NFT Marketplace. Best to wait for retracement before entering. Not trading advice

xtremerider8

Self-explanatory both technicals & fundamentals. Currently in bottoming & accumulation zone. Not trading advice

xtremerider8

IEV retraced half of the distance between 50 & 35. (Resistance & support) It made a very long hammer in this monthly chart, bounced off cloud, ma100 & & then crossed over ma50 to stop at ma20 which is also the mid of upchannel. (All in a single candle) It also came down & retested the BIG TRIANGLE from 2007. A safer entry is to wait for ma20 cross & hold 50 for a...

xtremerider8 Updated 

HBAR recently broke out of a downtrend line & has since been making stairways up. Conservative entry is to wait for RSI to retrace. Cutloss below 0.206. See the nest 2 TP levels. Not trading advice

xtremerider8

IEMG made a bulltrap with a long hammer in this monthly chart. RSI oversold. It went back inside the pitchfork upchannel.Wave 1 of 3 has bottomed out. The target price for wave 3 is 90 (FIBO Ext), a 55% profit from the 58 price. Final wave 5 target projected at 1.618 FIBO is around 111. Not trading advice

xtremerider8

PSEI may fall to 50% or 61.8% Fibonacci retracement at 6272 or 5700 before any true rally to new highs. If 7000 holds, PSEI may retest 7400 then 8000.