Seems like 3.5 is a string demand area that pushes the price very hard to the upside. The last time was in Jan 2020. I don't think is going to explode above 30 but the next resistance is at 10. This is a high volatile stock, I bought calls exp 04/19 strike 5.5. If this breaks out will be massive.
CHFJPY has given the clean breakout of long term consolidation and strong bullish divergence( on lower time frame) indicating the buyers are getting ready for strong upside move. And now the market is retesting the broken level. sellers seems to be exhausted. if this breakout holds the next upside targets will be 170 followed by 180.
Archean chemical since Feb'23 multiple times has tested resistance of 680/677. A day close above this level can bring fast movement and take this towards 1)716 2) 733 3)772 4) 813 5) 855 6) 862 7) 915(imp level). Once 855 is crossed I will bring trailing sl of remaining quantity at 772/813 and will try to ride the trend. Since chemical sector is currently under...
We will follow Rare for the next 48H to see if it's able to break to the next target. Also if it will have a small correction first will be a great trend.. for reentry. $0,43 is an important trend level that could get tested soon. There is a high chance this coin can show a new volume.
BINANCE:APTUSDT JUST See how you can find a new short-entering position. it breakdown the trend line, and may provide a good opportunity for quick short
Apparently a bullish flag is forming, and price is dancing at the bottom of the flag. There is another support at 30 in case the flag is busted. It could take a few more weeks but risk and reward rate is good.
Hello Traders, welcome to today's analysis of Tesla. -------- Explanation of my video analysis: For more than three years, Tesla stock has been trading in a bullish flag formation. Two months ago Tesla once again retested the upper resistance trendline and failed to break out towards the upside. There are two major support levels below current market price...
Detected in the latest scan for the week ended 24-Nov (detailed commentary and full scan results available in the signature below), SGC represents a potential bullish opportunity should momentum continue and newer highs be made past the current position. As described in the analyses of the week, a recent outside week potential has been detected, as well as a key...
Hello Traders, welcome to today's analysis of Bitcoin. -------- Explanation of my video analysis: After the quite expected break and retest on Bitcoin in December of 2022, Bitcoin started the next bullrun with a move of +350%. Furthermore Bitcoin is about to break out of a long term ascending triangle formation which could lead to seven-figure price targets....
Double bottom apparently forming. Price is testing the 150 resistance but it doesn't want to go down, it keeps pushing it up. I think is going to try to break up the triangle again. Not sure if it's going to make it through at the second try but eventually it will.
Bulls are taking control on the price. I think we will see a massive break out in a few weeks. My SL is under the lowest of the current weekly candle an it triggers only if a red weekly candle breaks down the trendline. BTW the CSP on this instruments pay well. I just sold a lot of them exp 03/22 strike 26.5. You can just buy the stock too.
We expect further downside on this pair, signalled by the formation head and shoulders pattern breakout. We can also see the breakout of a short-term trendline and key level supports our directional basis
tata communication has given a breakout recently through a falling trendline and also triangle. the breakout is with good volume.
🚀 Exciting Market Update: CAMS Limited 🚀 📈 Technical Breakout: CAMS forms a robust base around the 38.2% Fibonacci level, with a recent weekly breakout! 📊 🎯 Targets: Eyes set on ₹3291 and ₹3761. If the breakout holds, new levels could be on the horizon. 🌐 💼 Fundamental Boost: With a projected rise in mutual fund accounts, CAMS is poised for potential business...
USDJPY has given the clean breakout of long term consolidation. And now the market is retesting the broken level. sellers seems to be exhausted. if this breakout holds the next upside targets will be 149.40 followed by 150
Hello Traders, welcome to today's analysis of AMD. -------- Explanation of my video analysis: After the massive triangle breakout on AMD in 2016, we saw a rally of more than +7.000% towards the upside. After the recent bear market in December of 2021, where AMD perfectly retested previous structure, we saw another rally of +250%. I am now waiting for a retest...
This is getting interesting. Looks like a breakdown a very bearish. But if the weekly candle closes up within the triangle that would be a bear trap. And it would be very possible that bulls try to break up the triangle. Let's see how the week closes and next week I'll have more clarity on what to do next.
Accumulation Range Breakout: BINANCE:DOGEUSDT has successfully broken out of its previous accumulation range over the past few weeks. 🐃This breakout confirms a bullish trend reversal and indicates potential for further price appreciation.🐃 🍣Key Resistance Level and Consolidation: The price has reached a significant resistance level, leading to price...