Breakout and retest over the longer term trendline bodes well for Tesla. Next major resistance is $300 range. Tesla has way too much going for it to remain down here for long. Totally misunderstood by most analysts. Its worth well over $1000 today!
Simple new script I created for Fisher crossovers. Nothing is 100% accurate in trading but this seems to have a good hit rate. I like to confirm signals with DPO for added confidence. Enjoy!
Cardano / Bitcoin Cardano break out. Like it or not Cardano always does great in a bull market.
Eliminate the noise. Long term chart is bullish. Fisher Transform bullish crossover Parabolic Sar bullish switch Directional Indicator bullish crossover RSI sloping upward Trad Fi and banking sector doomed. Bitcoin solidifying it's place on the world stage.
SPX at 3 lines of support. Could be a precursor of what's to come in March. Odds are 50-50 at this point. Sharp eye!
NASD has reached and and has bounced from the Fib golden pocket. Several bullish divergences have presented themselves. Makes sense to position long with stops just underneath the bottom of the pocket at 9975. Big money is aware. You should be too.
Any one sufficiently versed in technical analysis understands the math used to produce the indicators is mainly based on historical and current price, time and volume data. Understanding this one can gauge current overbought/oversold levels and determine probabilities of trend continuation or trend reversal. Probabilities, not certainties. Based on the chart...
Keep an eye on $56.40 for a possible resistance break. Clear support turned resistance at that level. Defi will be king again in 2023 of maybe it will be NFT's again. Who knows. Aave is a leader in Defi. Worth a nibble here for the long term hodler.
Look for a break and hold over $13.26 on decent volume. Accumulation and BBWP indicators supporting break Of course entire market hinges on bitcoin breaking and holding 17100 then 17800 so caution is always advised.
Interesting chart on ETH/BTC ratio. Breakout seems imminent. Upside break good for alts. Downside good for BTC. A check of the Bitcoin dominance chart shows BTC at support which would favor a break down of this chart. Seems to me with all the recent turmoil in the market that Bitcoin would be the favored place to speculate vs. alts until conditions...
Looking for trendline break soon. 21200 would be a trend break and the midpoint of the recent range. Until then remain cautious on long positions.
My target has been the golden pocket 0.618- 0.650 fib level for Apple since the dump began. That price point was near $146.00 MACD and RSMI divergences, though slight may indicate some softening in the downtrend....at least on the daily time frame. Apple is a huge part of the entire traditional finance market which crypto is currently and unfortunately...
Another sign of hope for the bulls. Bullish Par Sar flip on the weekly chart. Recent historical evidence suggests upside continuation likely though certainly not guaranteed. The play is to go long and remain long until a bearish flip occurs. A break over either the 24 week ema or trendline resistance just adds more bullish confirmation support to the...
Dubious speculation. Possible reversal day for Ethereum on June 1st. Watch for stochastic crossover for confirmation.
Nasd currently at the 50% fib and very close to the 200 week ma. Support failure here drops price to the fib golden pocket around 10k. This is what progressive police does to a country. Just a heads up...Careful!