* Great earnings
* Very strong up trend
* High relative strength in the Real Estate sector
* Breaking out of a roughly 3 month consolidation period forming an ascending triangle with 27.58% higher than average volume
Trade Idea:
* Now's the time to get in as it broke out for the second time and is picking up on volume.
* If you're looking for a small discount,...
2CRZ finally had a major increase in volume yesterday after about 2 months of meager price action, in which it moved from a high of $0.1033 down to a stable trading range of $0.03 to $0.022.
A reversal occurred yesterday, peaking at $0.085, after an 80% breakout to $0.0625 8 hours prior.
The breakout pattern on the chart was identified prior to it's 55%...
$ALGO has been consolidating for weeks now, since the mid-september move after hitting 2.50.
The 1.55 area has shown strong support after being tested multiple times in late September. Each time on less and less volume, indicating that selling pressure is waning.
Price is currently bouncing off its 50EMA and the bollinger bands are tightening. I still think we...
* Great earnings year over year
* Very strong up trend
* Breaking out of a 6 week consolidation with higher than average volume ... roughly 37% higher
* Broke resistance and retested it as support
* Offering a pocket pivot breakout indicating that institutions are stepping in
* Pays out dividends
Trade Idea:
* Now is the best time to get in as the price is...
Important things to note:
ALTS are trading sideways mostly as I said would happen.
ADA price should pullback a bit short term and bounce.
ADA also in descending wedge (longer term).
Waiting on BTC.D to drop.
When BTC.D falls, alt pairs will start moving upwards.
Most alts are consolidating strongly.
Very slow PA right now.
Important dates:
BTC ETF...
Good looking chart if you ask me. I’m ultimately waiting for a breakout of the orange trend line to make a play. Keeping an eye on this one in the meantime. Good luck.
* Great earnings
* Strong up trend
* High relative strength in the Financial sector
* Breaking out of a month long consolidation with higher than average volume
* Pays dividends
Note:
* Earnings are coming up this week. Given it's past performance we can expect it'll have a good report and the price to go higher.
Trade Idea:
* You can enter now as indicated...
* Great earnings
* Very strong up trend
* Very high relative strength in the Healthcare industry
* Has been consolidating since breakout
* And now offering a pocket pivot setup.
A pocket pivot setup is when the last day's volume is higher than any of the previous 10 days down volume. This indicates that institutions are stepping in and the price is expected to...
* Good earnings
* Strong up trend
* High relative strength in the Real Estate sector
* Breaking out of a 4 month consolidation with higher than average volume
* Pays dividends generously (high dividends expected from REITs)
Trade Idea:
* You can get in now if you can stomach a little volatility
* Or if you're looking for a discount you can look for buying...
* Good earnings
* Strong up trend
* Recently broke previous all-time-highs of Feb 2020
* Formed a tight consolidation for 7 weeks
* Breaking out of the consolidation with higher than average volume
* High relative strength in the Real Estate sector
Even though my entry was on the 5 minute these markups on the 15min chart. Price broke trend line and consolidation & gave me a partial retest. So i got in on the 5 min right after a doji. It consolidated and went in my direction, created a higher low so i moved my stop to break even and it went straight to break even. Overall it was a good setup.
Currently EURUSD is consolidating an upmove towards monthly pivot on daily TF. The consolidation target would be the area near 1.16800. Once the price hits the monthly pivot, we can likely expect the downtrend to resume. A swing low was already broken and what is happening currently is just that the price is retracing towards the broken support.
The 1.15000 is a...
This could be the consolidation pattern that lasts for the next 24 hours before our next leg higher.
Maybe when the Bitcoin ETF volume kicks in? Lets see
* High relative strength
* Breaking out of IPO base with slightly higher volume than average
* May consolidate and use $90 as support before moving higher.
* Excellent earnings year-over-year
* Very strong up trend
* Breaking out of a ~2 month consolidation period with higher than average volume
* Very strong Relative Strength in the Industrial sector
* Recently broke resistance of 117.11 and retested it as support
Trade Idea:
* As always, if you don't mind a little volatility in the short term this is a great...
This is the importance to always drawing your Trend channels on the scale of macro and micro trending channels because it lets you know when the price breaks and makes a new Xtreme and you can predict where did price it's going to move next
so in this case on bitcoin I'm going to analyze the 60k zone after that big break we had couple of days,
so as you...
This is just a low risk trade for me cause Ford runs last month's very well (picture) and the worldwide lack of chips is hitting the whole car sector.
Not sure what's the long run for this. But I like the technical setup in my trading timeframe (1D) so far.
After a increase in volume and price, we see a 1:2.4 consolidation. I like to see that there is buying...
