Higher high at 1.42300 area could become a realistic target if the monthly candle closes above 1.4000 psychological resistance. Once this happens we can take this pair LONG to target 1.42300 higher high depending on Risk to Reward ratio. But before this, the descending channel must break convincingly. for this to happen we need strong impulse move which would...
Another quick chart for you guys! This is another asset I have mentioned to my followers in the past. It has started to break out after its consolidation. The target provided was made from the last cup and handle pattern we saw. The target is 20 and was made by adding the depth of the cup to the top of the pattern. I believe this asset will fair very well during...
Looks like KUCOIN:FLYUSDT is ready for trend reversal. I am expecting 300% return after FLY gives breakout from more than 100 days long consolidation. It may move side ways for couple of weeks before breakout, be patient. Follow us for related analysis.
* Great earnings * Strong up trend * High relative strength in the Consumer Cyclical sector * Recently broke above a multi-year base at $50.32 * Has been basing ~8 months * Forming a tight consolidation at the right side of the base * Breaking out with higher than average volume * Maximum probable ROI on this trade would be ~29% Trade Idea: * Now's the right...
I just will save this for later, not sure if gonna play out or not.
Intro: - Bitcoin is the first of its kind as cryptocurrency using blockchain technology and is looked at a store of value like gold , just better. - Bitcoin will help the people to bank themselves and gives some power back to the community. - The whole crypto market follows in some way the movements of the Bitcoin price while being much more volatile. Comments:...
XRP FINALLY BUSTS OUT OF YEAR LONG CONSOLIDATION. Ready to blast off!!!
* Great earnings * Very strong up trend * High relative strength in the Industrial sector * Broke out of a ~7 month consolidation period with very high volume (162.6% above average) Note: With very high volume on earnings, this very well may be a break away gap and may continue going higher from here. Trade Idea: * You can enter now and ride higher. * Or...
This is another asset I have been talking about to my followers. I have been watching the consolidation closely and it looks like it is ready to start moving soon. This asset is great because it has an overall large target and a long year and some change basing pattern that has formed. I have put the first target on the chart but I expect this to really move when...
We have the first target from a cup and handle. The second target is from the flagging pattern. The asset looks ready to run soon. I have been talking about Harmony for awhile now with my followers. So I thought I would give you a little update. Everything is looking great and I expect big things from this asset during the next leg of the bull cycle. Tomorrow, I...
* Excellent earnings * Very strong up trend * High RS in the Tech sector * Testing broken resistance as support of a ~2 month consolidation * Very high volume (178.3% higher than average) Trade Idea: * Usually when a stock breaks out, comes down and offers another entry it means it's ready to go higher. * Given the volume, it seems like institutions are...
* Good earnings * Strong up trend * High relative strength in the Real Estate sector * Pays out dividends generously * Breaking out of a very tight 2.64% range with 104.98% higher than average volume. * This can also be considered a Pocket Pivot breakout Trade Idea: * Now is the perfect time to get in as the price is still very close to the broken range...
* Steady earnings * Starting a new trend higher * High relative strength in the Consumer Defensive sector * Pays dividends * Breaking out of a base that dates back to 2007 with higher than average volume (42.34% higher) * Forming a very well shaped cup and handle pattern * Maximum probable ROI for this trade is 24.83% Trade Idea: * This is the perfect time to...
* Great earnings * Very strong up trend * High RS in the Industrials sector * Breaking out of a ~3 month consolidation with higher than average volume (21.37%) Trade idea: * You can enter now as indicated since the price is very close to the broken level * Or you can wait for a day or two to see how this plays out. * Looking at the weekly chart it seems like...
Hola people, and hello to my followers. BTW: If my analysis give you more clarity and value SMASH that like button - if they don't, please follow me. So, let's get to business. As you can see, Bitcoin is now being the annoying currency like we all know it. Instead of smashing ATH's, it's lost in a range. The blue rectangle is where the consolidation is happening...
* Basing for about ~2 months * Broke out with above average volume * Retested the broken level as support
One giant leap to $100 for NYSE:PATH Just wait for it.
NSE:BEML Broke out from consolidation phase, with volume buildup Resistance 1420 taken out. july-26 entered