NKLA on the 120 minute chart has been in a falling wedge pattern and had the news of hydrogen stations ready to go in the all important California market and now printed a countertrend breakout over the wedge. Can Nikola stop the cash burn? Can it prevent further shareholder dilution? Is the board protecting the interests of shareholders ? While this gets...
After a downward breakout on the support, the price went to the lowest lower of 1.67. However, buyers went strong and rise the price. During almost 1 month, the price was in a congestion area, and sellers try again to break the support, and they failed with strongers buyers, making a three white soldiers, and crossing the congestion area. This area was crossed...
Trade Setup: Pair: CADJPY Entry: Buy Limit at 111.16 Initial Stop-Loss: 110.84 Risk Exposure: 32 pips Analysis: Earlier, we discussed the potential buying opportunity on CADJPY, and now we have our candlestick confirmation. As a risk-conscious trader, I'm waiting for a retracement before entering the market. Trade Management: - Buy Limit: Set at...
In this analysis I want to discuss the possibility that Bitcoin's temporary correction might be at the ending stages and that the bullish trend might continue in the near future. I want to look at two things: - The price has hit the purple dotted support on the chart. - The RSI has hit oversold on the 4H chart for the first time since late January, at the start...
Tariq Glass is currently maintaining its support level at 98 for the past week, representing a 38.2% Fibonacci retracement from the 106 level. Additionally, the stock has reached the breakout level of a descending trend line, signaling a robust bullish breakout. Furthermore, it has surged above the EMA50 indicator in the ongoing session. Consideration of long...
Right now I think XMR lacks the support to push past 140. It's bounced to 130 a few times recently. I think loss of buying interest will push it down for a good day trade opportunity in the $126-128 range as XMR makes one last spurt up to ~$131-132. I think an intraday trader could look for a solid buy-in range around the $119-124 range marked on the...
On the above 3-day chart price action has corrected over 90% since April 2021. Today is great long opportunity. Why? 1) A strong buy signal prints (not shown). 2) Price action / RSI resistance breakouts. 3) Weekly BTC pair reclaims the 21-week EMA bull market support. Is it possible price action falls further? Sure. Is it probable? No. Ww Type: trade Risk:...
📊 Script: TRITURBINE 📊 Sector: Capital Goods - Electrical Equipment 📊 Industry: Electric Equipment Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 MACD is giving crossover . 📈 Double Moving Averages also giving Crossover. 📈 Right now RSI is around 71. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 537 🟢 Target 🎯🏆 - 591 ⚠️...
As we can see, chart is making HL in trend and in Awesome Oscillator, making signals for continuing uptrend. It is HIDDEN DIVERGENCE, and we can trade in the trend for long position. May expect for a new uptrend rally after price reach enough liquidity from support level.
A great way to clear TOTAL3 of stablecoins. We see on the 2W chart that "clean RSI" has crossed 20. Kijun and Tenkan have formed a cross. WaveTrend crosses 0. All this lacks only a falling BTC.D to take off properly.
Double bottom with fixed range. Using 1.5 RISK REWARD RATIO measuring BREAKOUT. The price Target reads $69.194 but may not end there, could be a little lessor or more, I will be evaluating. TWO LOWER LOWS with regression trends showing guidance. MA averages included. FYI: This does not mean it's all uptrend, may be accompanied by some dips. CAN YOU FIND MY...
After trading range during November and early 2024, an Upward Gap started a new upward trend. This trend with 2 tops, and 3 bottoms, broke the trendline below, making a doji after that, and today a lower bar The ADX is losing strength, and it looks like DM+ and DM- are changing positions. As a confirmation we can see the OBV and the price, that the higher high...
MNY is a penny stock from Singapore on NASDAQ. With its volume and volatility spiking and a 90 % jump in the past month. It got my attention. For penny stocks and NASDAQ requirements, getting over $ 1.00 is important for several reasons. MNY did it well. I will take a small position in this risky play expecting a great return over the near and intermediate...
Possible halving in the near future: View blue waves. Price action. Moving Averages. OG whale trend indicates a possible dip soon. No where soon since it’s a 7D TF. Vertical lines Connected with OG whale trend based on movement. 5.39% is most recent whale purchase. Changes by percent within seconds. This is how I know in real-time if price was to fall. FBB...
On the above daily chart price action has corrected 95% since November. A number of reasons now exist to be bullish, including: 1) The ‘incredible buy’ signal. 2) Regular bullish divergence . Multiple oscillators are currently printing positive divergence. 3) The 3-day BTC prints the same conditions as 1 and 2 (below). Is it possible price action falls...
The pullback looks to be coming to an end. The downtrend is getting weaker, which can be seen through the bullish divergence. There might be another lower low, or not. Most probably, the next uptrend wave will start soon
This next target is fundamental. Will keep moving higher. Regression trends with extended line. Moving averages intact. I'll be mentioning the next price targets with dips. This is a calculated strategy method.
On the above 9-day chart price action has corrected 97% since the sell signal printed in February 2021. A number of reasons now exist to have a long position, including: 1) You know why.. 2) Price action and RSI resistance breakouts. 3) Price action prints a double with higher lows in RSI. 4) Strong bullish divergence. Lots of it. 5) No stock splits. Is it...