Spring and backtest of key historical support completing a bullish harmonic with a type two return and bullish divergence. Nothing more to ask. This one is priced too high for an entry right now so we wait for some pa to unfold and hopefully a retrace to backtest the local support.
After a long consolidation, XYO has backtested a key level of significance as support after springing above it. The level's importance is shown below: Don't be surprised by the potential gains, it is not my opinion it is just what the charts have shown us over time, if XYO stays above this level our next hard target is 15c, which is over 150% profit.
I'm not someone that believes that when the markets pump the dxy has to dump and vice versa. However, it is undeniable and pretty logical that there is some correllation. In this case the markets have been extremely bullish for a year straight with no significant pullbacks, and the dxy incredibly bearish with only one minor retracement. It is now at a key...
OXY is defending a major support once again after completing a bullish shark 2 months ago. We are bullish on US Oil already and these stocks are looking ready also. Bullish convergence at a major support level with a completed type 2 Bullish Shark.
With the rise of Artificial Intelligence , many projects are looking to capitalise on the massive potential that AI promises. One of those projects is RENDER , the first decentralized GPU rendering platform launched in 2017, the Render network is built to provide a platform for a wide array of computation tasks - from basic rendering to artificial...
Hello,Friends! The BB lower band is nearby so CAD-CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.651. โ LIKE AND COMMENT MY IDEASโ
Bitcoin is presently trading around its previous resistance level and has already surpassed its previous all-time high. This consolidation around the resistance zone is crucial for Bitcoin to gather enough energy to break out from the resistance. Once the price breaks out, I expect it to easily reach $75,000, then retrace back to support (the previous resistance...
PancakeSwap ( BINANCE:CAKEUSDT ) has broken above its weekly moving average 100 that is a strong bullish signal. We are hours away from the confirmation of this signal when this weeks candle closes above the weekly MA100. Later on, after a possible pull back to the moving average it will continue its way toward much higher price targets as the way above is very...
Weekly=Bullish. Daily=Bullish. 4H=Bearish (waiting for shift of structure) Weekly candlesticks are show rejection from 50% on weekly Fib. Overall Bullish market so waiting for 4h to shift to bullish. Zones marked up are daily supply & demand aka areas of interest.
Applying SK-system, if the price breakout target will reach point C. for sure not straight forward, i am expecting more sequences before that. most important for the price not to break the 2.69 and close below. Any candle close below 2.69 will cancel this idea.
the beginning of post-devaluation ERA ... ALCN closing price is almost VWAP price 5M. Positive outlook confirmed by different indicators. Details is presented in the video
In the previous analysis, we had analyzed the fall of VeChain after the historic high. Now, we are in the fifth wave of elliot, and breaking the bearish channel, so we expect a big buying force due to the buying pressure due to the bitcoin ETF. Targets: 1, 2, 3, 4 Risk: 2% JB.-
Hey Traders, in today's trading session we are monitoring NZDCHF for a buying opportunity around 0.53900 zone, NZDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.53900 support and resistance area. Trade safe, Joe.
Amazon ready to print some dollars for the bulls NASDAQ:AMZN has crossed over and retested the $147 resistance turned support price. We are in an uptrend and have a strong bullish momentum. Position Set - 2 ITM contracts XETR:AMZ 3/4/2024 Call $145
There has been a significant bullish momentum for Marathon Digital Holdings ( NASDAQ:MARA ), a prominent player in the Bitcoin mining industry. The stock has been performing well, and the company has recently reported a record-breaking Bitcoin production and mining operation for December 2023. One of the key factors driving this bullish trend is the recent...
NYSE:IONQ has retraced back to its IPO price and holding a minor resistance level at this price $10.50. I believe this is a good entry for a swing position as this is one of the leaders in the Quantum computing space and recently opened doors to the first Quantum computing manufacturing facility in the U.S. Cutting-Edge Technology: IonQ is at the forefront of...
This post is dedicated to all NYSE:GME Bag holders!! Time to get your money back in Green. NASDAQ:HOOD has taken a major hit to its price ever since the NYSE:GME debacle and deservingly so. With that said this company has brought in a whole generation of investors. The price is highly undervalued and poised to make a surge on the upside. The Technicals:...
๐ Analysis: Gaming Narrative: The gaming narrative is gaining momentum, potentially impacting GALA. Testing Support: GALA is currently testing support, offering an entry opportunity. Buy Zone: Enter a spot trade in the support area between $0.04275 and $0.045. Take Profit Strategy: Consider taking profits at the next resistance zones, either $0.0485 - $0.0525 or...