duncan1382

duncan1382

Overall declining volume combined with nicely formed declining wedge pattern feels like PLTR is nearing a bottom. Oversold.

duncan1382

- Inverted Head an Shoulders is forming on the 1hr chart into strong resistance - Close above psychological $50 level is encouraging of a reversal - Need to see a few more candles to confirm a reversal

duncan1382

- MNT feels overbought to be back to it's pre-COVID highs with ski season questionable as to whether it'll happen - Ascending wedge into strong resistance with double top forming

duncan1382

It looks like PYPL is heading lower to retest $170-ish and form a nice-looking double-top pattern

duncan1382

It looks like a head and shoulders pattern is forming on AUD/USD. The neckline is about to break.

duncan1382

Sitting above support after a triangle breakout feels like a lot of upward potential

duncan1382

I think MNQ might have a little further to fall still, but looking to buy the dip

duncan1382

Oversold on the 1hr chart into strong support Watching for a potential breakout

duncan1382

It looks like an inverted H&S is forming on XRP/USD. If we break up, I think going back to $0.30 and beyond is possible.

duncan1382

Ascending wedge into strong support with divergence on the hourly chart makes it seem likely that NASDAQ will fall

duncan1382 Updated 

SNX is approaching strong resistance from both a long-term trend line and the psychological strong resistance of $5. Knoxville divergence is also showing up on the hourly chart. If the wedge can breakdown, I think we will see a larger move to the downside.

duncan1382

I think ADA/USDT might be breaking out here. Reasoning: Strong divergence into key support level Previously, divergence has been a strong signal of a large change in trend. Big push up with volume A retest of the key support level is likely and would form a nice looking inverted H&S out of the wedge

duncan1382

After a massive selloff, it looks like the buyers have stepped in again around the $10,000 mark. Ultimately, the big selloff turned out to be a retest of the multi-year trend-line (which was successful). Let's go Bitcoin! :)

duncan1382

Key Points: Broken out of the long-term trend-line Push into $3.30 resistance with huge volume Looks like inverted H&S pattern on the two hour chart Right shoulder looks like a Cup & Handle pattern If we can break out of this resistance level, price target is the next fib retracement and psychological $4 price level.

duncan1382

It looks like YFI might finally be trying to push higher. This entry is super aggressive. Watch price action and manage the trade accordingly.

duncan1382

Despite the clear downtrend, it looks like THETA/USD is searching to push higher. If it can break out of the downtrend, there will be a solid long entry.