APPL
Will Apple be able to break its key resistance level?AAPL looks great! Currently sitting in an ascending triangle with a key resistance level at ~$137.60. AAPL tried to break that resistance twice and might be able to finally break it on the third attempt. Best to hold on for now and long the breakout or wait for confirmation and long the retest.
APPL stock - DOUBLE HIGH for APPLEApple has made a double high formation at $140, which leads to a price drop. I see it as a little bit risky to short APPL, so I am inclined to open LONG positions at $113 and $101.
If we cross the double high, let's enter the LONG positions during the pullback from the top of $140.
$BTC Long 1D TF Sup/Res Fib. ExtUpdate from my last published idea.
My target of ~$26,000 hit and I exited half of my long there. As this is new ATH territory for $BTC there is no chart history to find the next resistance. That being said, I'm utilizing the Fibonacci extension from my 1W chart on a previously published idea and psychological resistance levels for my next targets.
$30,000 is the obvious resistance.
If there is a back test of $26,000 and a failed attempt at support I will exit the rest of my position. Otherwise, I will hold until $30,000 is hit and reevaluate.
$BTC Long 1D TF Sup/Res Fib. ExtOpened a long trade on $BTC at a price of ~$17,950 after some consolidation and a technical bounce at ~$17,800, the 0.786 Fibonacci retracement from my previous charts (titled Bitcoin Long 1W TF Sup/Res Fib. Ext.).
After opening the trade, I had an exit strategy if $BTC rejected resistance at ~$20,000 again. This time, we broke through the res.
Zooming out to a 1W timeframe, we find the next resistance to be the golden ratio Fibonacci extension (1.618) at ~$26,000.