Get started

Longposition

Full Breakdown of LINK | Breakout? | 1H, 1D, 1W Charts | NewsLINK Integrations, SHIB vs LINK LINK, the Chainlink coin, has been the topic of the hour with many still under the radar wondering what the hell it is, and why is it up 16% this week while other alt coins are far behind? To put it short, Chainlink's CCIP (Cross-Chain Interoperability Protocol) has everything to do with it, and with Chainlink reaching a new milestone announcing 10 new integrations with blockchain networks including names like Avalanche and Ethereum, it's bout time you hop on the new evolution of Web3. LINK is also on it's way up the ranks, with SHIB being one of the biggest meme coins now sits bellow LINK. Bringing LINK to 18th place. 1D Chart - Wyckoff Distribution: Here to show the phases that which we reside, as you can see we are well past Wyckoff Distribution and are now at a level of support (4.7) - FIB: We have been sitting here for over a year in consolidation. There has been a consistent pattern where we hit the 0.236 retracement then pullback for a couple months, as you can see we are reaching the level once again for a fifth time. - Parallel Channel: Shows a steady decline - Volume: Low trading volume meaning possible breakouts - RSI: Relative Strength must stay above 40.00 - SMA: What help is this anyways lol - Elliot Waves: Thought I should include the Elliot waves (ABC) because it was a pattern I was seeing since the last hit of the 0.236. 1H Chart After crashes both in spring and summer, it was followed by a bullish rally. Both lasted 52 days before there was an uptrend. - FIB: Summer rally hitting retracement levels, keep eyes out for any rejections - Indicators: Northing much matters, just keeping an eye on 200 SMA to see if it still plays as a level of support (Summer) 1W Chart - Stock RSI: Uptrend, getting ready to hit parallel channel and 0.236 - RSI: Probably the biggest thing to point out in this entire analysis is the Bullish Divergence Bonus Chart - Please tell me your thoughts in the comments of my analysis where you think the price is going, as it would help me out to make more of these! Thanks!
BINANCE:LINKUSDLong
by DenzelitoTrades
2
Coinbase Textbook Bottoming Pattern Found Hi Guys! This is a Technical Analysis of Coinbase (COIN) on the 1 week timeframe. As you can see we have drawn out a Inverse Head & Shoulder Pattern forming in COIN. This is a textbook pattern as it follows to the t the necessary criteria both in price action and volume. Stages of the Price Action Downtrend to form Left Shoulder The rally from Left Shoulder does not breach the Neckline Downtrend from peak of rally to form Head The rally from the Head also does not breach the Neckline Downtrend from Peak of rally to form Right Shoulder The rally from the Right Shoulder breaches the Neckline A Return move from the breakout back to Neckline -> This stage we are currently playing out Volume Signs of Textbook Inverse Head & Shoulder 1. Left Shoulder has taller volume bar (higher volume) than Head Volume 2. Lighter volume or shorter bars seen for Head than Left Shoulder 3. The rally from Head to Right Shoulder has increasing volume that exceeds volume of the rally from left shoulder to neckline 4. DOwntrend to Right Shoulder -> shows a declining volume bar height / declining volume 5. Sharp Spike on Volume during rally from Right Shoulder to Neckline breakout 6. Declining Volume during current move, the Return Move Thoughts: Both times we rallied from the shoulders we reached a Resistance zone and got rejected. I believe we are currently in the "Return Move" to test the Neckline as Support -> The areas i am looking is: 1. 0.5 FIB Level, this is also where the 21 EMA converges so a Support zone to watch This area is important because it is the "Golden Zone" for FIB, as well as where the 21 EMA is at. This makes this area a place to observe for potential bounce. Though i believe this to be short lived. 2. Testing Support on the NECKLINE SUPPORT line 3. This one is least likely but nevertheless still possible, the 0.382 FIB Level, a potential scenario being a WICK down from testing support on Neckline After testing these levels i believe that Coinbase will start its Bull run where it has tremendous growth in market cap A first target would be breaching the Resistance zone and confirming it as Support. Take a look for yourself. Experts let me know what yall think! Stay tuned for more updates on COIN in the near future. Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:COINLong
by SafofAllTrades
2
motherson looks like bullish " NSE:MOTHERSON Motherson is currently showing a robust support level at ₹ 95. If the stock manages to break above this trendline-level within a short period, it could potentially experience a significant upward momentum, with a possible target around ₹ 103." This statement emphasizes the current support level at ₹ 95 and the potential price target at ₹ 103 if the stock breaks above it. Remember that investing in stocks involves risk, and it's important to conduct thorough research or consult with a financial advisor before making any trading decisions.
NSE:MOTHERSONLong
by ketanbhalala
DAX potential 500 points LONG! Retesting LOW VWAP BAND Helloo Traders:) DAX has already double-tested the lower limit of VWAP -1, accepting this level twice with a dynamic break to the upper limit of VWAP. Currently, the session closed above the level of the lower line VWAP. What may announce another positive break towards the upper limits of the VWAP. Opening a long position after Heikin Ashi generates confirmation. Negation of the scenario after going below and closing the candle fully below the lower limit of the VWAP. If you are curious how VWAP works, I have created a short tutorial available on my TradingView profile. I wish you good trading week!
EUREX:FDAX1!Long
by Vezzeris
PEAB - Great opportunity for a long-term holdPEAB is a construction company based in Sweden, if you are interested in dividend stocks this might be something for you. PEAB looks very promising in these areas. The housing market is on the verge of an upturn again, and interest rates are likely to start decreasing next year. I see no reason not to invest in the company right now, given its current valuation, and hold for many years to come. I have bought some shares at these levels. If you factor in the annual inflation we have, PEAB is not far from the 2008 low, and that bottom was extreme. In my opinion, we are currently very oversold.
OMXSTO:PEAB_BLong
by WealthNode
Has GOLD made its low?It seems that GOLD might have made its low. -Price turned 200EMA back to support (red moving average) -Showing rising demand on the three lows I marked, and last one is the highest (rising demand). -RSI break? (White arrow) When/If this lower high is broken then the price structure changes from lower highs to first time making higher high since may. Which gives me more conviction for a trend change. (ofc price has to stay on top of this level for keeping this valid) The higher low break on 200EMA works as stop loss for me I have around 2.5% of my net worth on Gold/Silver. I'm planning to make it bigger cause Gold will possibly run around 2.5k-3.5 in 2-3 years, and silver $50-$100 Good investment for years to come as quantitive easing etc will keep going harder than ever.. Check out my june BTC Dominance analysis here which hit spot on! :) ETH -16%, BNB -30%, ADA -33% against BTC since that call If you are starting out trading "post about great mentors I follow and respect" here 1st mistake novice traders do is that they don't use stop losses, doesn't calculate their RIsk/Rewards and gets their ass burned cause of that. Always use them! -PalenTrade
TVC:GOLDLong
by PalenTrade
5
ETH USDT 4 Hr Analysis. BINANCE:ETHUSDT According to my 4-hour ETH analysis, the price is hunting the stop-losses of the previous low-low, and is now consolidating in the 1620-1630 range. The price is expected to move upwards to hunt the liquidity of the upside, as there has been a massive lower-side rejection at the 1611-1598 level in the last 4-hour candle. This indicates that the price is likely to move upwards in the coming hours. In other words, the price is currently in a range, but there is bullish momentum building. Buyers are expected to push the price higher to hunt the stop-losses of sellers and to take out the liquidity on the upside. Please note that this is just my analysis and is not financial advice. Please do your own research before making any investment decisions
Long
by ChartsInsights