There are multiple converging trending lines that suggest we see a very large ascending triangle playing out. Here's an example of how I see this bull cycle continuing. Of course the way price bounces around within the boundaries I laid out will be different than the example but the outcome will be something similar to this in my opinion.
- Great looking chart. Currently setting up within a symmetrical triangle. - The base range measurement can be projected from the apex to gather a higher probability target than the classic target. - The ATH resistance is likely to act as the level which initiates the retest of the supply trendline. - Green arrows show my predicted path IF the stock breaks...
AMZN future price targets based on historical measurements. The first target is the measurement of the range AMZN traded in for the last year. The second target is the minor pole measurement. The third target is the major pole measurement.
its a normal condition in cryptocurrency to pump up till hundrets or thousands percents becasue of high volume or hype. latest crypto that reach ATH is AXS. so... as a futures traders, most of them hunts the tops to drive down the price, I mean to get the best momentum for short entry. this is a few tutorial, trial, high risk tutorial for shorting the top. very...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for US30, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Here we have the lifetime chart for ASX:CAT. - Starting with a price of $0.63 and reaching an ATH of $4.26 in only 1 year. - It then went on a 3 year downtrend back to its original $0.63. - After that we see it recover to $2.13 in 1 year. - COVID-19 pandemic brings price all the way down to $0.49, which is its new ATL. - Since then price has recovered...
As you can see over the past few weeks we have seen AXE follow this channel with only 1 touch to its support. There is still a moderate amount of buying volume entering the market and we are looking to close in on its supports 2nd touch. This interaction "may" see AXE try to achieve its all time highs by the mid to late week on the back of FOMO and extra...
TCS CHART PAUSE IN TREND AFTER BREAKOUT IT MIGHT BE THE MEASURED MOVE UP TOP OF CHANNEL HARD TO BREAK THE CHANNEL IN FIRST ATTEMPT MAYBE IT WILL GO DWNTHEEN UP LETS SEE HOW PRICE REACT IF PRICE BREAK ALL TIME HIGH WITH GOOD VOLUME U CAN WAIT FOR RETEST OR IF U WANT TO ENTRE EARLY IN TREND SHIFT TO SALLER TF AND ENTRE WHEN SHIFT OF STRUCTURE COMES AND SEE...
As continuously discussed over the last few weeks, both here and on the YT channel, we've long welcomed a fakeout down below the very key $30 000 support zone, but given that it would recover aggressively and at massive trading volumes. We have now gotten EVERYTHING we've asked for and more in Bitcoin, and for those reasons there is a strong chance the bottom...
Interesting way to look at the fibs here on AMC By measuring the first AMC swing which resulted in a symmetrical triangle consolidation we can see that the breakout which occurred from that has extended 3.14 times the distance of the first wave. Along with the fact that we formed a strong RSI bearish divergence here at all time highs was a strong reason for AMC...
This is a quick overview of a recent runner $TRCH. After gapping through all time highs. We have reached, and closed exactly at, the all time 1.618. This resistance is just as strong as any other and I expect to see some reaction here. Along with this we have a bearish RSI divergence deep in overbought territory. While we may continue well past this level....
TSLA was unable top make any gain even with QQQ at all time highs. QQQ- BLUE LINE TSLA-ORANGE LINE Although TSLA was unable to follow the nasdaq to new highs, my believe is that TSLA will continue to follow QQQs on its downtrend when it falls from its all time highs. $540.00 soon...
Hello,Traders! AMAZON is trading in an uptrend and is climbing even despite the SPY falling However,the stock is approaching it's all-time-high levels Which acts a strong resistance, that was tested multiple times That makes me locally bearish, and I am expecting a correction Limited by the rising support line Buy! Like, comment and subscribe to boost your...
HERE WE CAN SEE PRICE IS IN UPTREND AND AFTR BREAKOUT OF OF DOUBLE BOTTO IT IS RETESTING NECKLINE OF DOUBLE BOTTOM IF IT WILL BREAK ABOVE THE UPPER TRENDLNE OF FLAGWE CAN ENTRE OR IF U WANT TO CAUGHT MOUMENTUM YOU WILL ENTRE AT BREAK OF HIGH/14 JUNE HIGH FOR SAFE AND SL IS SWING LOW OR FLAG LOW
Hello everyone, if you like the idea, do not forget to support with a like and follow. US100 is sitting around its All-Time-High and round number 14k so we will be looking for sell setups on lower timeframes. on H4: US100 is forming a channel in red but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it....
Gold has been a consistent performer even when the equity markets faced a bit of headwind. It's now reached an important zone – 23.6% FIB, RSI 60 and 50MA on the Weekly chart. Clearing this level and holding above 50,000 could be pretty important in reclaiming the ATH!