After the multi-month cup & handle (inherited from btcusd), upside breakout. A bull flag over the last 6 months had formed, and finally broken out this week. Expect continuation of this bullish pattern throughout 2024 leading into the 2025 bull run. Despite the lack of decentralization & costs for running a node, solana is the #1 blockchain by many metrics. Users...
NRDY, now at 2.95, on Mar-01-2024 : As per ongoing pattern , this can take support at 2.5 and target price in an year looks like 5.4 Should exit below 2.3 Suppose this takes a flat pattern, then this might not fall till 1.6 and reverse.So be ready for this also and plan for fund allocation and weightage allocation. FYI, i have invested little in this and will...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to flat, where it in a short time reached $2055 level, which coincided with top part of flat. After this, Gold at once bounced and declined to bottom part of flat, where later XAU turned around and started to grow. In a short time...
Hi folks today I'm prepared for you British Pound analytics. A not long time ago, the price declined to the 1.2670 support level, which coincided with the support zone, and soon broke this level and declined even lower than the support zone. Later, GBP tried to back up, but failed and declined to the trend line, after which the price rebounded and made a strong...
If we take the teal bull pennant and only measure the pennant part which is also a falling wedge, the target we get from the breakout has just been hit by our current price action. I felt that was worthy of posting a chart bout. Though bitcoin has already achieved a new all time high days ago, the entire market cap for all of crypto is still just below it’s...
Hello traders, I want share with you my opinion about Swiss Franc. Looking at the chart, we can see how the price reached the resistance line of the downward channel, after which CHF rebounded down and declined to the support line of the channel, breaking the 0.8635 level, which coincided with the buyer zone. Then the price turned around and entered the pennant,...
This undervalued construction and property player in Malaysia, MRCB has shown good performance recently. Pullback from the 52Wk high at 0.705, the price now stabilize around 0.56 to 0.59. The intrinsic value for Malaysian Resources Corporation Berhad is RM9.91 based on Discounted Cash Flow Valuation, that is discounted 94.2% from current price. Price now...
BLS Intl, now at 343 on March-14-2024 : 2 ongoing patterns can be seen #1. Per EW, the major Motive wave is completed and retracement is done closer to 0.382 and rising again, So, invest few now, invest until 256 for target of 604.5 in 1-1.5 yr holding period #2. Per another ongoing pattern ( highlighted zone ), One can invest until 300 for a target of 604 As...
VeChain (VET) is a blockchain platform that aims to improve supply chain management and traceability. The VET/USDT trading pair has been exhibiting fractal patterns on the daily chart, which can be used to identify potential trading opportunities. Fractal Analysis: Repeating patterns: The VET/USDT chart has been forming a series of repeating patterns, such as...
The green symmetrical triangle pattern that also doubles as a bull pennant here on the 3 month btcusd log chart gave us 100% exact precision on the measured move just from the triangle portion of the pattern. We can see the measured move from the triangle alone was the exact top of the recent bull market exactly. We can also see the correction we had the past year...
Bull pennant and hidden bullish divergence on INJ 22min chart.
The purpose of this setup is to provide an analysis that suggests if the current market conditions are bullish or bearish, potential entry and exit points, and to identify key levels of support and resistance that might influence future price movements. It is important for the community to know that such technical analysis is based on historical data and patterns,...
Hi. KUCOIN:GTAIUSDT Today, I want to analyze GTAI for you in a 9H time frame so that we can have a SHORT-term view of GTAI regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). We have a Bullish Structure here GTAI formed a Bullish Pennant on 9h timeframe🤔 Up we go if we do breakout. ✅...
We have an ascending trend. There was accumulation with ABC movement inside the bullish pennant. The target of the formation has been marked. There is a pool of liquidations up to the valuable level of 14,400, which is also likely to be reached.
After resting, Shiba can go up as much as it went up for some time, in fact, it can be said that Shiba has set an ascending flag, and it will go up to the length of the flag pole and hit its previous ceiling and go higher.
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some days ago started to trades in the range, where firstly it reached the top part, but then the price in a short time declined to the 1.0810 support level, which coincided with the buyer zone. After this, the price rebounded from this level and tried to...
Another contender to be the memecoin of this cycle. Great looking chart: bullish pendant within a bull flag. And supposedly Elon Musk was talking about it, so could emulate $DOGE.
We observe similar patterns and high buy volume here. I do not take any other possibilities real 😁 Let's see what happens 💵💵💵 Good Luck!