I am long term bullish on this company, but in the near future I continue to see a Kangaroo market. Not a financial advice.
Description and reason are mentioned in the chart. This explanation has been made by looking at the past and technical analysis. The probability of a downtrend is stronger. But the possibility of an uptrend has also been drawn because the fundamentals have already affected the price.
On this trade a confluence of four signals is present for me to take advantage of this mid to long-term opportunity: 1) Hidden weekly bullish divergence on both RSI & MACD 2) Past weekly support (looking left) 3) Weekly Bullish Engulfing candle 4) Touch at long-term uptrend line Some people would say the entry is premature as the market short-term is in a...
Nice 50 moving average multiple bounces. Tried to move higher after 120.00 level breakout. Multiple retests of the broken level. Looks ready to move higher.
This wedge could prove instrumental to the mid-term future of Bitcoin. A break upwards could result in a recovery of bitcoin, and potentially a market we haven't seen before, where bitcoin is close to it's ATH (within a factor of 2) without crashing, or surging. If the price breaks through the lower trendline, it could cause a continuation of the crash,...
As we can see, even though the market was bearish yesterday! But Cardano is on it's way. In this chart, we see that ada has pulled back to the support line and is still in the uptrend channel, and as long as the channel and the support line are not broken, we can expect higher prices for cardano in the short or mid term.
EURUSD still in the mid-term downward channel. As shown in the figure, the EURUSD fell from a high of 1.2349 on January 6 to a low of 1.1704 on March 31, and rebounded sharply to around 1.2150 in April. The entire graph can form a "mid-term downtrend channel". The current price Around 1.20 integers. The EURUSD price must rise above the April 29 high of 1.2150 in...
📢 Binance Spot Market ⚠️ Midterm 📌 Pair: #OMG/BTC 💰Buy: After crossing the yellow bar 🏹 Sell: 2088 — 2270 — 2480 — 2850 — 3060 — 3369 — 3880 — 4090 🚨Stop: If it reaches the red bar, the second step is purchased ✅ Capital (%): 5
This is a mid to long term trade. It seems DODO has broken its small downtrend. If it continues to break next resistance levels, DODO may give a decent profit chance in mid-long term. Do not forget to take profits and use stop loss.
If DOT breaks its current downtrend, it may have a chance for scalping and after some time, it may also reach its previous resistance levels as well.
If LINK continues breaking its downtrend one by one, it may reach another ATH soon.
It may reach up to its previous ATH resistance level, if RAVEN breaks current downtrend. Do not forget to take profits.
As you can see we can expect the UNI can go to 78 dollars in mid or long time frame.
As you can see in the chart we should wait until the triangle pattern be complete, and after that, we can take the first step buy at the trigger point that I showed.
In Dot Chart, Candle reached to major channel mid-line, and we have to main resistance areas that I showed in the chart, so we can expect the future trend line to be like that I drew, the entry points should be in pullbacks for decrease risks that you can choose with yourself.
Please share your comments with me
in this scenario we have some conditions: 1- at first channel should not breakdown, and If it breaks, it may take a longer time to reach to our target or change the trend to downtrend. 2- If ripple succeeds the last court, we can expect that the price can reach it's Historical Price in earliest future and even go further! Also In this scenario we have to pay...
IF BAT breaks that wide triangle, it may go up to its target $1.90-2 in mid-term.