The solar sector has been leading the broader markets for some time now, very much eyeing ENPH along with some others in the sector for a run-up & breakout prior to, and after their earnings. ENPH is holding a big symmetrical triangle on the daily timeframe after closing on Friday sitting on its 20-Day SMA. ENPH additionally has some nice bullish divergence on the...
Theprice had a nice bounce from the weekly support on 0.52$ area and started with ascending channel until the 0.786 Fibonacci level resistance on the 4h Obrder block. the market created a minor ascending channel and now the price is testing the resistance. How to approach it? IF the price is going to lose the support and retest it as new resistance, we could see...
the price lost the support after a breakout from the 21400 without momentum and the price retested the previous support as new resistance as I told you in my previous analysis. Now the price is isnide a minor descending channel inside the major ascending channel above the 20k. How to approach it? We could see a retest on 21k is to retest the previous support...
Ascending triangle pattern poised for breakout. Entering on the break of 37.50 with a stop around 34.75. Taking first profits at 43.00 moving stop to break even then second profit at 45.70.
After this decline, we expect a slight buy, we will see a break of 27,600 next week
here im placing my long position with 1-2 risk reward ratio which is quite good given the sitaution
Start a big move up to $40,000, Spectacular and enjoyable...
The price is creating an ascending channel on the 4h timeframe after a bounce on 0.22 Monthly support. The price got a rejection from the daily trendline (dynamic resistance). How to approach it? IF the price is going to lose the support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. ...
Bitcoin is in the ascending triangle pattern and will see a price of 32,000 after breakout and stabilization.
The price is testing the 4h support after the rejection from the supply zone on 20$ as you can see on the daily chart (the upper one) The price is creating a ascending channel below the weekly resistance on 17.7$ How to approach? The price could retest again the supply zone on the 20$, so if the price is going to have a breakout from the weekly resistance and...
The price is creating an ascending channel after a clear rejection from 0.31$ weekly ressirance On the 4h timeframe the price is testing the monthly support on 0.25$ support level How to approach? IF the price is going to lose the 4h support and retest as new resistance According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple...
using a pitchfork along with an ascending channel. I am basing this ascending channel off of the first three points of contact at beginning of this channel along with a touch at the resistance top of ascending channel. We dipped below this ascending channel and in order for this channel to be respected, we will have to come back inside the channel. The Pitchfork...
the price is going to retest the key level of 98.75 (weekly resistance) On the daily timeframe, the price flipped the 90$ area and retested as new support. On 4h timeframe, the price is creating an ascending change below the main resistance. How to approach? For the bullish scenario, the price needs to have a new breakout from the weekly and ascending channel...
Ascending triangle is coiling up. 0.85-0.90 got rejected but the ascending line did held beautiful as support. We can coil a little bit more in april in this triangle, but the breakout is imminent! Volume profile is also conforming this (descending volume) Targets: 1.01 1.20 1.39 1.54 (0.702 fib) 1.95 (last high) ATH's and further.
If the Expanding Cycle Theory proves to be correct and we peak out in November 2022 (give or take could happen earlier or later in the year), this is what we could be looking at with all crypto hitting over 11.2 Trillion in value. This scenario will put Bitcoin at or around a 4 to 5 Trillion market cap while Altcoins having the dominance will have the remainder of...
On the upper chart, we can see the daily timeframe where the price got rejections from the dynamic resistance and the weekly one on 3k. The price is testing a daily support and the market is trying to hold it on 2560$ On the lower timeframe the price is going to retest the previous zone as new resistance, we could see a pullback on 2610-2640. How to approach? We...
Looks like we will rally at market open. Here is an ascending triangle I noticed on the Invesco QQQ.
I see an ascending triangle forming on CADJPY with a potential to capture about 600-700 pips if it breaks above the red box. Let me know what you think. Also if you agree with this analysis and have some fundamental reasons that support this idea please share it. Thanks