Exactly at 11$ zone ; solana has completed and bottomed. Support is strong of that area. 1HR-4HR chart showed accumulation, breakout confirmation. Solana is ready to skyrocket; billionaires has been buying solana in a same area a lot, the buy volume don’t lie. 11$ area BUY IT NOW 2023-2024 Target 500$ - highest target reach is 1000$
I’m not going to freak out on this yet.. but are we on a bullrun !? As you can see there we are in a uptrend line support giving a nice bounce up..if 0.38300 area stays intact strong for the bulls then we are officially in a bullrun. BUT in order the bulls to stay in strong control is to break that resistance trendline. So here me out our first target goal is...
could see a massive rally in BNT , markets are very risky right now in my opinion so don't trade with leverage. im holding a BNT bag for now and selling on the resistances highlighted gradually.
GBPCHF hit a big fall but this seem different this time. A reversal 1.01930 area made a nice looking dip reversals and the recovery went crazy. Bollinger bands went Cross up from 1HR-1M THE Reversal is legit bullish.. we could expect a breakout Once that small gap of downtrend line breaks with a resistance will become a strong support once the bulls breaks...
After a bullish Pin Bar Candle on daily time frame yesterday, price action seems to be testing the support at $18662. if this were to happen traders may look for a long position at this level as reversal opportunity may come true. Plus, since target rate probabilities are expecting to be at 84% around 75bps to 100bps, traders may already priced this factor in the...
Hello my Fellow TraderZ, Well, going through the charts and $LOOKS caught me. Price beautifully broke the 4HTF TrendLine,also Inverted Head & Shoulders pattern is playing , and retest in progress. I'm expecting this LONG setup to continue its play and hit the TP1- $0.32 , TP2 - $0.36. HAPPY TRADING TraderZ , CHEERS
We are in a bear market, and the upwards corrections are often very aggressive. We have seen massive up move from 3750ish towards 4100, showing exactly that. We see market taking a breath now, but earlier SPX broke out of the falling channel and - as indicated by the green boxes - buyers are in control and they aren't tired yet. RSI is clearly trending up but not...
Here’s an idea... introduce a weird currency as a solution to a crises, introduce a triple leveraged etf... run em both to the sky for 13 years in correlation with the market such that the triple leveraged ETF warrants a stock split. Then slaughter said ETF such that if goes much lower it runs the risk of 0. Sleep well at night knowing 0 is impossible because the...
Here I decided to quietly markup up the run Dollar General went on from Feb-Apr. I used the Daily Chart & this is purely form a Swing Trading perspective. It was indeed beautiful. I actually was releasing a webinar in March and I included an options play on Dollar General when it was at 199. I signaled 207-220 calls, with overall upside potential to 240. Dollar...
Bitcoin Bulllish ? Or complex corrective structure ?
- Daily >> Price tested and was rejected off 1.25010 support area.. Stochastics over sold and getting ready to rise - 4 Hour >> After being oversold and testing the support line for a time price, price pushed up above the most recent lower high. Bouncing off the 55MA to retrace a bit - 1 hour >> Big bullish impulse breaking the descending trend-line...Triple MAs...
Hello All, If you saw my last post about the bullish potential of Gold then Silver should pique your interest. Silver has not had a new All-time high since 1980 / 2011. Gold and Silver have a tendency to move together and act in tandem. Silver also has many use cases for technology that I will not get into here but a simple Google search can reveal that. A...
The daily support level is just below the current price level so you can either wait till price gets there or you can open your buy positions at this current price level, whichever you choose to do, it's still a win-win scenerio !. Use proper risk management because at the moment, strong fundamentals support a buy so all we are waiting for now are the next...
Hello, Bitcoin has formed a triangle pattern which is perfect for trading. We are still following our last Bitcoin post for the larger swing trade move. However, as Bitcoin closes in on the apex of the triangle we are presented with another opportunity. ---------- Long Play: We are looking for a strong candle to break out and close above the resistance...
Hello All, Here we will focus on the Bitcoin Dominance chart. As you can see we are at a critical moment. As this price structure forms it can help us view the best way to allocate our crypto portfolio: Altcoin vs Bitcoin heavy. If the price breaks down from this structure and breaks the final support zone we could see a massive altcoin season. With a break of...
Hello All! Here we can see the bullish scenario for the Bitcoin price. Looking at past history we can see the falling wedge is a powerful formation for the Bitcoin price which can lead to a huge rise in the price. We can also see a small bullish divergence that has acted before as a start in a bullish run at the bottom of the falling wedge. For Traders, it is...
About 2 weeks ago we got some strong bullish momentumfrom $200 to $290-$300 area, after months of consolidating/ranging. Once that momentum died we came back to retest $200 and it seems to be holding as a strong Support and price has yet to break lower. My projections is that bulls step back in and get us across to our all time high of $400.
Here is another view of the current price action of Bitcoin. Looking historically is a great way to look for future trends. We can see that during price consolidation in the falling wedge bullish pattern leads to higher prices. View the last two posts for further details. Our strategies consist of short-term scalping while viewing the overall trend for price...