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.
So the consolidation of CRV got lengthened a bit by the recent pullback. However, that is not a bad thing. Structurally, CRV looks great! I expect it to move to about 8.0 for a major target. There are a few targets I expect after this but I am waiting for confirmation. Anyways, thanks again everyone!
Multivac does not get the love I believe it deserves. Most of this is self inflicted due to lack of marketing. However, they have been better about that recently. I believe the price is headed back up to the top of the trendline. Eventually it will break out of the trendline. Anyways, here is another asset I like personally. Thanks again everyone!
I thought I would start updating the charts to show you what I am looking at. We have a nice flagging consolidation pattern on ONE. This continuation pattern is rather standard for a lot of alts right now. We still have a major target of .48. Everything is looking pretty good right now. Alts had a little time to cool off and Total2 looks like it is ready to move...
* Great earnings year-over-year * Very strong up trend * High 3-month relative strength in the Industrial sector * Was in a ~7 month consolidation * Recent earnings caused a break away gap and a tight range for 3 weeks * This created a base on base pattern * Breaking out of a very tight 3 week consolidation of 2.49% with higher than average volume Trade Idea: *...
Bitcoin may be going down to retest $55k-$50k on or before November 25. According to Technical Analysis conducted on the market structure by my group, we find the candlestick patterns repeating candlesticks that signifies a downward movement. However, we note that when trend breaks above the market level and starts retracing it’s maybe coming to the former support...
Trading Idea --- Not an Investment Opportunity! Trade at your own risk! EJ shorts, lower high and double rejection from supply. We are in a little bit of consolidation which makes this signal a little weaker due to lack of volatility. But this is still nevertheless an option, using lower risk. TRADE ONLY AT YOUR OWN DISCRETION! THESE ARE THEORY IDEAS, YOU ARE...
I last spoke about this around mid October as it was breaking out of from $342.15. Since then it rallied higher and then consolidated for 3 weeks. This consolidation also created a base on base pattern. Now it's breaking out of the consolidation as earnings approach. The best part about this is that it was consolidating as the general market was in a small...
* Great earnings year-over-year * Strong up trend * High relative strength in the Real Estate sector * Breaking out of a ~7 month base * Recently used a multi-year resistance ($35.05) as support * Looking at the weekly chart it seems like RYN is ready to continue its move to new all-time-highs Trade Idea: * If you can stomach a little volatility, now's a great...
Hello traders. WILD has reached to a important support zone(intersection of three support line ) that is marked as buy zone 1,price can rise from here and break the ATH and a sharp move after breakout. in case of losing of buy zone 1 the next support is blue uptrend line (buy zone 2).
* Exceptional earnings year-over-year * Very strong up trend * High relative strength in the Tech sector * Pays out dividends * Breaking out of a cup and handle with higher than average volume Trade Idea: * Now's the perfect time to get in as the price is very close to the broken level * Looking at the weekly char also gives a lot of confidence that this is...