VET broke out of the triangle pattern and retested the resistance line as support.
We are currently hitting a strong resistance zone,
once we get past it we can expect A VERY strong move.
The price expectation for this pattern is 0.35 DOLLAR.
XRP prepares for an explosive move as we approach the apex of the triangle.
Once we break the triangle, we can expect a price target of 2.50 EURO.
This price is reached by measuring the width of the triangle.
Of course w'll have to wait for an outbreak for conformation.
Lithium has been one of our most successful 'explosive' trades and it has proven as right.
Our first post on June 17, 2020 was the beginning of a series of trades on our ETFs account and the price has over-doubled ever since.
Later on we posted this about how 'Lithium is power' and indeed we had a further rise of over 40% until then.
At this stage we...
We really like to keep our charts simple and momentum in price action is the most important thing to us. One of my favorite setups is a squeeze because it allows me to get into a stock or option before the large move has been made. This is obviously really nice when you trade with options because of the greeks and implied volatility starts working for you. Here is...