The current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
with the assumption, that current price action is on going BUEC or Impending BO of BUEC (Wyckoff Event)
-REaccumulation Type #2 (Rising bottom)
I initiated position (POE #3/ #4)
Short term Swing
Pure Wyckoff
Basic swap zone. Currently price sustains above demand 3.11-3.15
CB1 buy setup + BODTL as price manages to break above 3.25 supply zone / LH.
Price has retested demand 3.16-3.19.
TP1: 3.37-3.4
TP2: New ATH 3.5-3.53
Setup is valid as long as it sustains above 3.14.
Lets monitor closely!
*Personal opinion trade at your own risk*
uchitec broke above its downtrend line, broke above its ema20 and will test its nearest resistance at 3.34. with nasdaq's strong rebound. i believe there is no problem here.
UCHITEC Look for Pullback Signal
UCHITEC is expected to rebound within Fibonacci Retracement 78.6% (3.17) area. Then, will continue to find the next resistance at R1 = 3.57 . If the price close above R1, the next resistance will be R2 = 4.73 . If volume overtake then a good sign for UCHITEC to fly high.
Time-Frame: TF(1W)
CP: 3.22
MACD Mode: Uptrend,...
UCHI retraced and formed Bullish Engulfing candle.
Bounce from fibo 0.618 (2.8) with FAST TURTLE Buy confirmation.
Remain Bullish and Uptrend.
Volume spike and Strong FIFT (VERY Strong BULL)
ATOM Remain BUY on expanded RIVER..
Banker Volume Spike to above 50%.
Plan:-
Missed 2.97 Entry.
Support at 2.8
As MCDX Banker just starting to build up position, i...
