The price has reached an important resistance in the weekly time frame, which is known as FTR in RTM style. . With the price reaching this FTR, the price at the end of the week was able to form a weekly candlestick with a high uptrend, which is towards uptrend. . Within four hours, in case of possible correction, we can make a purchase transaction.
Whenever Polkadot came near the marked trendline price went boom. So if it start to trade above $19 then we can go long with our sl below the low of the hammer candle i.e around $13.5.
Hello everyone, A very possible scenario for XRP with head and shoulders. The RSI level is at a very low level, which is a pro-growth signal. Ready for breakout. When we break the top line of the flag (around $ 0.69), we can start a new trend. If the price closes at $ 0.658 on Sunday (30.01), a weekly "hammer" will form, which also corresponds to the trend...
Techmahindra made an hammer pattern on DAILY Charts. Indicates trend recersal on the upside, could be bought for bigger targets or as BTST
As you can see on the SBEV chart, there is a build-up of tension towards the end and an inverted hammer candle. The long upper wick of the candlestick pattern indicates that the buyers drove prices up at some point during the period in which the candle was formed, but encountered selling pressure which drove prices back down to close near to where they opened....
We can see on the chart that there is a reverse hammer, but we still need a confirmation too see if it is going to be an uptrend or a downtrend
DKNG : Some pros and cons to play a potential bounce. --Big Wyckoff distribution on weekly and daily. ++ Hammer candlestick on weekly (indicating bullish reversal if next candle confirms it, i.e.we get follow through) ++ Bullish RSI divergence on daily (that you can't see on my weekly chart) Since I like the set up I will look for an entry today, but only...
Usdcad have made a pullback at trendline.With the formation of confirmation candle hammer in daily timeframe and in 4 hourly timeframe there is a bullish engulfing formed.
Biotech stocks have been hammered over the last year, with many currently trading at or below book value. A reversal is due. Some indications of a reversal in the short term with possible test of 118-120: 1. Price broke last low but is currently forming a bullish hammer. 2. Bullish divergence on the MACD histogram. 3. ADX below 20 indicates sell off is weak.
$RBSH This has a 9mil Float, MM's walked it down on low Vol after a recent RS... Volume has come back with over 10x the 10Day Ave Vol, Accumulation out the roof, all indicators pointing to breakout soon... The Co just Completed a turnaround, New Officers Juts took over along with Ticker & Name Change...( Formerly Inspyr Therapeutics, now Rebus Holdings Inc...
After the hard Fall which just occurred for Bitcoin , it managed to rally up again, leaving us with a potential "Bullish Hammer Candle". The Hammer Candle is not yet confirmed, so taking a Trade right now is not recommended. The Hammer Candle gets confirmed if the following Candle closes above the closing price of the Hammer Candle itself, ideally, with sings of...
Price is taking support on Rising 44 SMA which works as strong support and forming hammer. Also Rising 44 SMA shows bullishness in stock. We can make bullish trade Buy above the high of 92 Stoploss below the low of 85 and target near previous high of 111
T Mobile swing trade working, JAN 120calls up 18% now . Should have loaded more after hammer candle but had plenty of risk on already. Momo turning with weekly MACD ready to cross (bullish confluence). Want to see continuation and EMAs to cross, also need to chew through overhead $124 supply. If this holds will expect another leg up. Been anticipating a "NKE...
hammer pattern is forming on daily chart. Price have also rejected 50% daily Fib level. BB on the lower band.
Nice bullish divergence in the daily and a beautiful hammer candle with high volume. You find the trade levels in the chart.
This is an Observation i am making of regardless of if i am right or wrong about it. SPX printed a Beautiful Hammer candle : As Very bullish Hammer Candle was printed by SPX so that means Should we really expect a huge pullback or drop/crash in near term future ? I think not. Highly unlikely. One factor why This Supercycle Wave 5 of SPX is not finished or...
Pattren confirmed with good Hammer. the price now is in good zone to targt a good level.
Hammer down on $KXIN look at the chart and Hammer head.