On week chart $4 is the strong resistance zone for this bullish If RNDR can break and close above $4, the next target around ATH $8 Otherwise, RNDR will accumulating in range $2-3 a while before massive move will happen Time will tell
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📦 NYSE:SNAP has been confined within a range for nearly a year , indicating a significant accumulation phase. 📈 For bullish momentum to prevail, a decisive break above the upper boundary at 14.0 is crucial. In such a scenario, the Markup phase would initiate, propelling...
SushiSwap (SUSHI) is simmering in a trading cauldron, mirroring the patterns seen in LINK's historical moves. The chart reveals a massive consolidation, setting the stage for potential fireworks. Let's dissect the current SUSHI landscape, characterized by a significant range and manipulation, hinting at an imminent bullish surge. Chart Analysis: SUSHI, the LINK...
Exciting developments are underway as Vulcan Forged PYR (PYR) makes a notable exit from a significant accumulation phase. The charts suggest a potential retest of the upper boundary of this range, setting the stage for a breakout with a target of $50 by the end of 2024. Let's dive into the details of this emerging opportunity. 📈🔍 PYR's Accumulation...
This huge semiconductor has plenty of clout in terms of popularity with retail investors. HFTs are likely to gap on its earnings news which arrives on 11/21, next week. Clearly there are many who are confident NASDAQ:NVDA will meet or beat analyst estimates despite setbacks and restrictions. The run hit resistance and became overextended, so some profit...
Idea on the secondary trend of the FTT token of "scam exchange" FTX. After the FTX scam horizontal channel started to form. There were 2 accumulations zones which lasted each 30 days ~(1 month). After that the pump followed. Now the price is between this 2 accumulation zones(buffer zone) for 3 months already. After first pump local dip formed, after which...
Secondary trend of BADGER/USDT. Downtrend channel. Outer channel and inner channel(liquidity). From the upper edge of this channel falling wedge has formed. Then there was a breakout and slight accumulation after it. Then we a saw a somewhat movement of 30% which i have shown on the chart. This was retest of POC of all this downtrend channel movement(point of...
History Never Repeats, But it Often Rhymes When analyzing the potential impact of the 2024 Bitcoin halving, it is wise to have an in-depth understanding of the price action of previous halving in 2020. This can help us to identify potential patterns and similarities that could play out in the current cycle. Pre-Halving Price Action In the lead-up to the 2022...
Weekly timeframe suggests that BRENT is in its second half accumulation area, which will last until April 2024. Inside the accumulation area OIL will in the range of USD 79-96, bottoming in the mid of December 2023 and topping in the end of February 2024. The last bottom of accumulation phase will happen in the mid of April at the level of around USD 90, but no...
Bitcoin has been on quite a journey, spending over 200 days locked in a range-bound pattern. But, as the saying goes, "good things come to those who wait." Bitcoin has finally made a breakout move to the upside, and it's got its sights set on an ambitious target of $40,000. However, it's essential to recognize that it will likely need some time for reaccumulation...
Ribbon Finance Secondary and main trends. As on many cryptos from the beginning of trading history - downtrend. Then breakout of this downtrend and horizontal accumulation channel started to form(stop of price drop). This channel is lasting for more than 400 days already. This is more than a year already. Notice that there was a fake-out of this accumulation...
TrueFi/USDT 1D. Local and secondary trends. In the main trend - downtrend channel was formed. You can check this if move chart to the left in the main idea. This channel was broken up in winter 2023, when there was local pump on all crypto market. At that time, price pumped 360% to 0.13$ zone and from the the pullback has started. It formed quite an aggressive...
RSI over 40 on weekly and price appears to be at bottom range. Shows signs of 270 days in consoldation and accumulation. Buy the breakout. Real trendline breakouts produce high volume. So wait for big bull volume to come in after price goes above the major trendline. Buy when price retests support after breakout. First target is 0.58c. Second target is 1 USD. ...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📊 As per my last analysis, attached on the chart, BTR rejected 0.0255 support and traded higher. Now BTR is sitting around the upper bound of the red channel. 📈 For the bulls to remain in control, we need a break above the upper red trendline and last major high in blue...
I do like how some of the strongest plays in China are setting up for the perspective upside in Q4 and beyond. Have a look at $NASDAQ:FUTU. High double and triple digits growths of earnings and sales four quarters in a row; strong and consistent ROE numbers; high eps growth estimates. Management owns 5% of the company. In conjunction with China government plans...
On the daily timeframe we can see a range by Wyckoff - it's an accumulation. The liquidity at the bottom side got sweeped in second time, fulfilling the 1D imbalance. Also we can see a divergency by RSI. To be sure, can wait until the price comes back to the range, and then open a trade. On futures chart, the price is already got back to the range.
The world of crypto can be full of surprises, and today, we're looking at the TWT token. It recently took a steep plunge from a colossal rising wedge pattern. However, before considering a short position, it's crucial to remember that trading is not just about patterns but also about market manipulation. 📊 The Rising Wedge Pattern: Rising wedges are typically...
Here is the game to play. ETHBTC is one of the less risky trades in the very risky crypto space. ETH and BTC are both long term winners (likely, not guaranteed). If I go wrong with this trade, I don't care, sooner or later the price will recover - no matter if I am in CRYPTOCAP:ETH or in $BTC. Right now ETH is trading for 0.0587 btc. It has been dumping down to...