The price movement of CELR is predicted to experience sideways movement within the symmetrical triangle channel, with the potential to move in the price range of $0.01402 to $0.01453 for the upcoming week, with a volatility potential of around 4%. At the beginning of the next week, an increase is anticipated towards its resistance line at the price of $0.01453.
By looking at this chart, would we call it a bullish flag? Breaking-out would trigger a big move. Currently I've not seen a big buying volume yet but it may come with some 'news', anytime. Stoploss is always needed because BTC is not bullish.
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A few time ago price bounced from support area, which coincide with $1.0850 support level, and rose to resistance line. After this movement, Euro started to fall near this line and declined to $1.0850 level. Then price made strong upward impulse to resistance...
Digvijay cement has given a pennant breakout. I particularly liked the volume with which it has given the breakout. This stock has consistently outperformed and the strength can be easily seen on the chart. Fundamentally too the stock has a good track record. I feel it's a worth of a trade. CMP - 91 W (6/8/23) T - 121, 160 W SL - 75 W
GRT moving through boring holidays. GRT prepared for bullish movement to 23 cent. If resistance breakout price rise to 1 dollar. Take position after breakout and retest in daily time-frame we are now in resistance area. Bullish divergence pattern Lower low spotted. DYOR
I have possibly captured all inputs for the trades taken. Please feel free to comment for any clarifications/suggestions. 1 & 2 in chart indicates 2 trading opportunities with their analysis. Trade Opportunity 1 - The market gap-up happened. so as per the trade plan, I was looking to short at the marked levels in the Trade Plan, but as there was no entry...
After news of a stock sale by MicroStrategy to buy more Bitcoin, we saw a 🐻Bear Trap🐻 on the Bitcoin chart. But Bitcoin started to fall again from the 🔴 resistance zone($29,850-$29,480) 🔴. 💡If we look carefully at the Bitcoin chart, we will notice the Symmetrical Triangle Pattern . 💡Also, we can see Regular Divergence(RD+) between two consecutive...
HOOKUSDT was trading in bearish trend and now has given the breakout from declining trendline. currently the price is creating support zone around breakout region, 0.9395, will the buyers attach this region and push price even higher?
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price bounced up from $1945 level and rose to $1970 point, but at once started to decline. Price fell below $1945 level, and then bounced up again, and started to decline inside falling channel. In channel, Gold broke two levels and when price...
Introduction: EURUSD is showing signs of a bullish continuation pattern on the H1 chart. A sharp move down was followed by a pullback, breaking above the latest fractal bar down. The subsequent price action formed a flag pole and a pennant, indicating a potential bullish breakout. This analysis outlines the setup, entry, exit strategy, and target for this...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that price a few time ago broke the 31000 resistance level and fell to the 29700 current resistance level. next, BTC bounced up to the resistance line, thereby breaking the 31000 resistance level again and even the seller zone. But soon it started to decline near the...
Sharing my first idea for a short on a failed bull pennant break out. Target down to .0065
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A few days ago price bounced from $31100 level, which coincide with resistance area, and fell to next $29900 level. Later price bounced from this level to resistance line, thereby breaking $31100 After price reached resistance line, it started to fal land in a...
Btc is perfecting following the wedge support 37k is very much on the card just a pullback to 28500 to 28k will give the perfect spot to buy with a good risk to reward ratio
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see how the price some time ago fell to the support line, which coincided with the 29500 support level, and soon the price bounced up to the 31200 resistance level, thereby breaking the current resistance level. But in a short time BTC started to decline and a few time later...
XRP / BTC – Weekly Performance Time Analysis A stark realization looking at this chart is just how long bear periods are for the XRP/BTC pair suggesting that you are better to hold BTC until a buy trigger event occurs for XRP. The POC is a vital area to watch (explained in the chart). If we find support above/on it, we have room for major upside as there is...
Hello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see how the price some time ago bounced from the support line and made a strong impulse higher of the 1845 support level, thereby breaking it. After this price made a correction to the support area, and then rebounded up to the 1965 resistance level, which coincided with...
I normally don’t put too much faith in 4 hour timeframe chart patterns, however should this 4 hour chart bull pennant hold up the bullish breakout target is around $1.10 . As of now it does look like it’s about to break upward, however being a smaller time frame like the 4hr chart there is still a chance this could be a fakeout and the real chart pattern is much...