Discovery looks to be on a strong trajectory up since it broke up and out of a Cup and Handle formation (shaded area).
My first target would be around R226.00.
An inverted Head and Shoulders pattern has formed on JSE:DSY if it breaks through the neckline, we could see a ove towards the target and resistance level at around 180000
Private Investors,
Professional Investors,
Institutional investors
Everyone agrees to buy Discovery.
I would say that the title will be appreciated in the coming weeks
Then if it does, we’ll find out together.
Discovery Elliott Wave analysis
Discovery just finished a descending triangle ( top declining b, d ; bottom flat a,c,e ) fallowed as expected with a new wave 1
We can see a clear impulse Wave 3 of one degree down, who s traveling fast and upwards. I expect a retracement of Wave 4 with support from the channel at $27.50
Disclaimer
My content is...
The Bitcoin Pattern aka
THE CORN PATTERN Have you noticed something familiar, or repeating but couldn't quite figure out exactly what was happening. Truth be told,, The Pattern that's programed in .
We could use this pattern to predict Bitcoin's next move potentially. Don't forget to inverse it, it does that too...
Get excited about this coin.
- One of the best tokenomics in the market.
- Current Supply 12,072,738.00 QNT / 14,612,493 QNT Max Supply
- Just like Bitcoin QNT has limited amount of coins.
- Simply econ 101.
- When supply is maxed. Demand continous to grow. Price goes up exponentially.
What is QNT?
- New coin launched in late 2018.
- Just reached major...
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on September 27, 2021 with a closing price of...
DISCA appears to be doing bullish things to start the new week off as it continues to hold above a critical $30 price level.
It has consolidated nicely after breaking out of a supply line that has held it down for months now.
It is now beginning to make higher highs and higher lows on the smaller time frames and now has bullish confluence with the 21 MA and $30...
Discovery in its merger with Warner Brothers, ATT, and a bunch of other media giants at war for who will control Streaming in the future! This is like watching Pirahana Eat Each other while Small groups of fish, mammals, and other non aggressive beings are torn to pieces as the feeding frenzy and blood lust begins!
Either way this is a strong place to get in on...
The tech giants lack what Discovery has. CONTENT. Game of Thrones & Super Hero fans know what I'm talking about.
It's a new world. The #metaverse & #marijuanamovement. EPIC times.
#gnln
#thegem
Hydra is a midsize market cap 120M new Alt that has been trading since January with a circulation supply of 3M. While it made almost 3000% from it’s ATL $1.39, I joined the party much later few weeks back before the V dip as shown above with my blue line.
Hydra touched bounced off the 50D EMA and here we are heading towards discovery zone above $50. The...
JSE:DSY is showing good upward momentum and is looking promising for a long position. After the EMA's crossed we have had 2 "red days" but is still showing upward momentum. I think we could see a move towards the 15000 resistance level.
As we all know, Discovery and Viacom got crushed with the margin call that Archegos suffered past week. This fall has nothing to do with fundamentals or something that matters to the firms, is simply the fact that banks were forced to sell these stocks at discount. We can expect a quick recovery, perhaps not to the ATH, but a pretty decent recovery.
