Hi All, my main 3 take-outs from this analysis are the following: 1- Price action is maturing within a symmetrical triangle which looks like being a continuation triangle pattern. I would not be surprised if the price might touch again the up red trendline and break it upwards with volumes by mid-December 2- First target following this possible breakout would be...
IT sector is playing good and still performing better than Nifty at the moment. There has been only sideways consolidation in most of the big guns while the broader market is slipping down. This is a simple analysis where we will wait for the volume confirmation with a candle confirmation to enter for a long. Kindly note that this is not a recommendation....
* Exceptional earnings * Very strong up trend * High 3-month relative strength in the Real Estate sector * Built a 3 month base between $125.45 and $138.67 * After breaking out started to consolidate in a tight range * Slowly kept moving higher even as the general Real Estate sector was ranging during the same period * Broke out of the tight consolidation with...
* Exceptional earnings * Very strong up trend * High 3-month relative strength in the Tech sector * Broke out of an 11 month range on November 4th * Since the breakout it has been consolidating above the broken level making it a new support * Maximum probable ROI would be 25.60% if the trade goes in our favor Trade Idea: * Now's a great time to enter as the...
* Great earnings * Very strong up trend * High 3-month relative strength in the Industrial sector * Built an 8 month base between $29.71 and $34.26 * After breaking out it started to consolidate in a tight range creating a base on base pattern * Breaking out of the range with higher than average volume Trade Idea: * Now's a great time to enter as the price is...
* Great earnings * Very strong up trend * High 3-month relative strength in the Industrial sector * Built an 11 month base between $196 and $227.80 * After breaking out it started consolidating in a very tight range creating a base on base pattern * Consolidated for about a month and now breaking out with higher than average volume Trade Idea: * If you can...
forthcomings; plan as best as one can. market moves, price in action; viewing the Grant study, Jung man asks, what exist within; is it joy; redacted.
Consolidation continues as 55.4 is the new support below. Support was found at the 4h LBB and currently price is testing the 4h MBB.
Here is another asset I have been mentioning that has moved due to BTCs recent push upwards. The RSI looks a bit high right now so you should expect it to consolidate into a continuation pattern soon and head up even further. This will likely create a small cup and handle further confirming the move higher. Thanks again everyone!
So ONEUSDT has started its breakout move to the major target with a little help from a semi bullish movement from BTC. I expect other alts to either finish their patterns or start moving just like ONEUSDT. We can this the same type of action from CRV finally. I expect ONEUSDT to consolidate in a continuation pattern from here and push to the major target in the...
Hello Traders, Looks like HUOBI:STFUSDT is forming Double bottom chart pattern. If double bottom pattern plays-out then I am expecting 300% return. Tell me what you think about STF. Thank You.
Artroniq has been in consolidation stage for a very long time. Although price and volume looks quite promising today, 0.435 is the price to beat with increase in volume. Otherwise, it should keep moving within the range again. Let's see if this will be a successful breakout play or back to consolidation again.
GJ is currently on a triangle pattern, bouncing between zones and getting closer to an area where will give us clarity of a better direction. Good way to start December. This pair would be good to trade only if you're an advance trader and like to trade short term, daily trader. -NOT A FINANCIAL ADVISOR, THIS IS ONLY FOR ENTERTAINMENT PURPOSE. TRADE AT YOUR OWN RISK.
* Great earnings with acceleration * On the longer time frames, it's mostly sideways but has started a new up trend * High relative strength in the Energy sector * Broke out of a ~4 month basing pattern before making the leg higher. * Consolidated in a tight range of 3.77% before breaking out again * Maximum probable ROI for this trade would be around 26.70% ...
* Excellent earnings * Strong up trend * High 3-month relative strength in the Financial sector * Breaking out of a base on base pattern with higher than average volume * Was consolidating for ~3 months prior to building another base Trad Idea: * Now's a great time to enter as the price is close to the broken level and volume is picking up as well. * If you're...
Bitcoin - consolidation for this weekend (symmetrical triangle). Bitcoin has dropped below the SOW level. According to the distribution scheme of the Wyckoff, we have the LPSY level. As the price usually consolidates on weekends, I predict a certain formation. Moreover, there is no recovery from the recent declines. At 1h, you can also see that there is a...
* Exceptional earnings * Very strong up trend * High 3-month relative strength in the Industrial sector * Breaking out of a ~8 month base with higher than average volume * Recently broke above the pivot point of $232.47 and used it as support for 5 days before moving higher * Retested the broken resistance as support * Pays generous dividends Trade Idea: *...
So here is an asset I hold and I see promise in. I have been a part of their discord for awhile to see how the project is coming along. Anyways we have a bull flag signaling continuation. You can see the flag tested previous levels in line with the recent alt pullback and is now heading up. This flag has produced a target around 1800. Thanks again everyone.