NASDAQ:AFRM should def be on your watch list going into 2024. To keep my analysis simple, we can see a major inverted head and shoulder forming with an approach to the neckline after completing the head. We can see a high probability of a rejection at this neckline due to the RSI showing overbought on the daily/weekly. I wouldnt short the neckline due to the high...
Going to try to keep my thoughts simple. With alot of momentum growing in the crypto world it makes perfect sense to see NASDAQ:COIN get its latest pump, especially with BTC hitting 40k+. It is with no question that NASDAQ:COIN is in a overbought scenario as the RSI shows us. We closed today with a spike of above average red volume, leading to an indecision...
Aavas finance is a Nifty500 stock which has been taking a support on trendline. Recently the stock has shown good volume accumulation near the trendline and jumped from the same. The stock looks good technically as a buy on dip candidate uptil 1450 with a SL of below 1355 DCB. The targets are 1750,2000++. Idea is shared for educational purposes and should not be...
In today's trading session, our primary focus is on US30, where we are actively monitoring a potential buying opportunity around the 37100 zone. Currently riding an uptrend, US30 showcases a sustained upward trajectory. Concurrently, the index is undergoing a correction phase, gradually converging towards the trend at the crucial 37100 support area. This numerical...
From one of the coins with the greatest distance to travel to get back to its ATH, which also makes it one of the coins with the greatest potential returns, this is quite a rare opportunity to literally get in at the very bottom and grow fat and ugly while watching yer Dorrars roll in.. Entry: $0.00000362 PS. Let me know what I can expect for Christmas..
Hello,Friends! Previous week’s red candle means that for us the USD/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 146.692. ✅LIKE AND COMMENT MY IDEAS✅
our attention is directed towards NZDUSD, where we are actively monitoring a potential buying opportunity around the 0.61400 zone. Presently engaged in an uptrend, NZDUSD exhibits a sustained upward trajectory. Concurrently, the currency pair is navigating a correction phase, steadily converging towards the trend at the critical 0.61400 support area. This...
Hello TradingView Family / Fellow Traders, 📈 RNDR has maintained an overall bullish trend , trading above the red trendline that serves as a non-horizontal support. Currently, it is undergoing a correction phase and is approaching the trendline once again. Moreover, the zone between 3.8 and 4.0 is a robust support level. 🎯 Therefore , the highlighted red...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 USDCAD has been overall bullish trading inside the ascending triangle in red, and it is currently approaching around the lower bound / trendline. Moreover, the zone 1.33 - 1.34 is a strong support. 🏹 So the highlighted red circle is a strong area to look for buy setups ...
In today's trading session, our primary focus is on GBPUSD, where we are closely monitoring a potential buying opportunity around the 1.26 zone. Currently immersed in an uptrend, GBPUSD demonstrates a sustained upward trajectory. Simultaneously, the currency pair is undergoing a correction phase, gradually converging towards the trend at the critical 1.26 support...
🔮 #RLC Analysis - - - Breakout Trading 🚀🚀 💰💰 #RLC gave a breakout of symmetrical triangle pattern and trying to retest the levels. If #RLC closes above $1.685 then we will get a confirmation of a bullish trend. 🚀🚀 💸Current Price -- $1.595 📈Target Price -- $2.708 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the...
Hey Traders, In preparation for tomorrow's trading session, our focus centers on NZDCHF, where we are carefully monitoring a potential buying opportunity around the 0.53300 zone. Currently entrenched in an uptrend, NZDCHF showcases a sustained upward trajectory. Concurrently, the currency pair is navigating a correction phase, gradually converging towards the...
As we gear up for tomorrow's trading session, our primary focus is on AUDCHF, with an aim to identify a potential buying opportunity around the 0.58100 zone. The recent transition of AUDCHF from a downtrend to a breakout phase signals an enticing prospect for bullish positions. Simultaneously, a nuanced analysis of the Swiss Franc (CHF), considering recent policy...
A double bottom pattern is a classical pattern that indicates a change in trend and a shift in momentum from bearish to bullish. It is composed of two consecutive troughs that bottom out at roughly the same price level. This level acts as a support for the price. The double bottom formation is a bullish reversal pattern that is created after a prolonged downtrend....
Technical Analysis: Retest of Previous High: price has recently undergone a successful retest of its previous high, indicating a robust support level that could contribute to a sustained bullish trend. 200 Moving Average Breakout: The 200-day moving average has been convincingly breached, signaling a potential shift in the trend and attracting bullish...
Hey Traders, In the upcoming week, our attention will be focused on AUDUSD, as we explore a potential buying opportunity within the 0.66 zone. AUDUSD is currently entrenched in an uptrend, showcasing a sustained upward momentum. However, the currency pair is presently in a correction phase, gradually approaching the trend at the critical 0.66 support and...
Hey Traders, in the coming week we are monitoring EURUSD for a buying opportunity around 1.07900 zone, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.07900 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring US500 for a buying opportunity around 4680 zone, US500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 4680 support and resistance area. Trade safe, Joe.