Hey guys!
Well, first of all you don't want to miss this chance!
Here's my price action analysis for this coin:
We have a very strong upwards trendline that has been respected and bounced off from for 7 months. That's a huge hint to prove is a key area!
It has been faked out twice and everytime it bounced off from it, came back stronger than ever.
Last...
PIDILITE Industries' daily chart shows a Morning Star candlestick pattern, finding support at the 50 EMA and the Fibonacci 61.8% level. The 14-period stochastic oscillator indicates an oversold condition and recent reversal, confirming a potential uptrend ahead. Bullish signals suggest positive price movement.
Buy at Market, Target at 2700, Stop Loss at 2550
So.. This is just a follow-up to a previous Chart that i plotted on BTC several weeks ago. At the time we were in the midst of our first bottom but now we are doing a secondary bottom on the weekly and have confirmed a Bullish Morning Star Doji with Weekly RSI Divergence. At this rate we should be able to rally back to the 200 week Moving Average at around $23,000...
Uber right now is at the bottom half of a Falling Wedge and has printed a Weekly Bullish Engulfing Candle against a Morning Star Doji at a Horizontal Support and at RSI Support and looks like it's preparing to begin a new major move back up from here.
Algo is right above support and showing a bullish harmonic here and somewhat of a morning star candlestick reversal it's worth a shot trying to catch a move up to the next resistance zone from here.
On the 15 minutes timeframe, XAUUS is showing a strengthening Morning Star Doji pattern. The first two candles are aligned perfectly, and the third one is also in the process. At :45, if the candle remains bullish, expect a short bullish burst, good enough to cash in some extra profits.
On the 2 Hour timeframe, another pattern is in the making. If it so happens to be a morning star doji (one bearish candle, followed by one where the market is undecisive, and ending with a bullish candle), we will see a market reversal and Gold will enter into a bullish upward trend on the 2 hour timeframe. I have highlighted the pattern for you.
Please allow...
PLEASE SEE CHART FOR DETAILS
SUPPORT LEVEL : 11100-11200
RESISTANCE LEVEL : 11500-11550
**These are my personal observations. Please trade at your own risk.**
$PTON is to new for regular technical analysis so, I'm looking at what appears to be a Morning Star pattern. If this clears the $29.20 area it should have room to run to the old highs... Ideas, not trading advice.
WAIT FOR THE WEEKLY CANDLE CLOSE BEFORE ENTERING IN THIS TRADE.
The plan is simple if we close with the Green Morning star Doji candle just like we have right now I will get back into BTC, ladder my entries till 6500 just in case & forget about this position for a month or so
This is the same setup we had for #TRXZ19
If all goes well it will be one of the...
gbpjpy has formed a morning star which indicates a potential reverse to the upside. MACD also shows that sellers are losing their selling power. In my opinion, now is the perfect time to go long in this market.
