Trendline breakout done. Retest also completed. Now its time for momentum and rally. RR = 1:4 that is approx. 40% on ROC SL should be kept below the 50 band low as per our POM System.
I am STILL BULLISH on BTC LONG term BUT for the short term and traders there is definetly potential to short the market for large gains over short time frames be from correction or gathered momentum or lack of. I think resistance is being faced now at $43.5k with a possible low end support at $38k. If the reversal does not occur we could see the price shoot up...
Lets see what happens. Not much to say I suppose, besides the position I increased today. If I lose the money. Oh well. I am not trading MARA if BTC goes up. It will be too overbought for me. So this is my finale on MARA for this run up.
Interesting set up on CRYPTOCAP:INJ 10 month moving average appears to be holding up price. There is some nice confluence between the parallel channels and fib ext levels. 10:1 + risk reward (STOP @$15.00) High risk play so position should be small God speed PUKA
Bounced back from support, about to give Cup & Handle pattern breakout.
Breakout in Hathway after long time with good volume .
Kaspa is currently struggling with the 200 4hr EMA. If rejected it could find itself at a level where it finds confluence with chart structure and the 200 daily EMA. This provided the ultimate level of support in April, following the March run-up.
Our attention got caught by LINK coins, whose price has had a nice bounce from the lower support zone, breaking compliantly that 200EMA and now going for that 100EMA as well. We are seeing the price hitting the upper resistance soon if this kind of push continues from where we are going to look for a potential short position! Swallow Team
AI's EUR/USD Falling Channel & Breakout Odds with Scalping Range D ear Valued Investors, Introduction I would like to provide you with an update on the trading bots' activity. They have been diligently following a short position initiated at 1.101, see the idea above the chart, and I am pleased to inform you that the trade has been successful, as indicated...
Hi Traders! The GBPUSD 2H chart looks bullish and is targeting the monthly trendline resistance. Here are the details: After recovering from monthly lows, the market is now on a steady incline, showing swings of higher highs and higher lows. The market has also recently broken and closed above the 20 EMA. Our plan here is to buy market dips and target an exit...
Breakout and Restesting done in INFO EDGE (NAUKRI). LOOKS BULLISH FROM CMP.
Acting very similarly to its previous earnings gap. Three day surge that stays overextended (4x+ ATR from the 10-day avg) for about two weeks, rolls over into 10ema & erVWAP. Expecting similar results or more serious follow-through? Low volume holiday trading ahead.
AMEX:SPY December 22, 2023 15 Minutes. As expected AMEX:SPY retraced to 472.5 levels. But two things happened. First was a gap up to 472.3. Retraced and we had a sell bar, 4th from open. We are in a bull market, and due to the gap up we can target only 469 levels ner gap-fill levels. In due course, we had a bar making a low of 468.84 which also happens to...
Price action today seems to be going against the daily PPMs for now. The algo on PPMs 1 and 3 are showing more moderation instead of a downside bias. There are also new upside fib targets today. While it is still too soon to say if they will hit, they are within range of the upside fib targets on the weekly chart. So while I expect some more sell side bias today,...
Hello everybody! As you see on chart, price is going to flip 50D MA on the daily chart! The target would be around 200 MA, easy 10X - 50X in next Bull Ran. Current Market Cap: ONLY $20K !! Please assess how much you're comfortable with risking or potentially losing. DISCLAIMER: This is not financial advice; everything you do is at your own risk!
tesla made some large downward moves in tne ,ast two hours yesterday 258 proved to be a major selloff area i am looking at 240 for the reversal now
We're discussing the development idea in the accumulation phase for the AAVE/USDT crypto pair. In June 2022, there was a notable decline in the asset, hitting a local bottom of the existing bearish trend at $45.80. However, it confidently surged from this level, reaching $115.27, showing over a 150% increase . Later on, the asset chart displayed the formation...
Hi Traders! USDJPY is in an ascending channel, and there is a bullish outlook on the market. Here are the details: After the pullback from the weekly high, the market seems to have found support near the channel support line. We are now looking for a break and close above the 20 EMA for a confirmation signal to target an exit near the weekly high. Preferred...