COINBASE:RENDERUSD A rare pattern is observed on Render in the daily - a near perfect W Bottom pattern. Now there are a few rules for a chart pattern to qualify and we're not quite out of the woods yet. The next phase should be a retest of the neckline, where we need to keep CLOSING daily candles ABOVE. A break under this support zone will invalidate the...
mart-money investors often make large trades that can be detected by analyzing trading volumes from various securities and derivatives. From this analysis, one can determine whether smart money is buying or selling.
Trade Overview: ETH's current support area has remained strong over the past week, presenting an opportunity to enter a long spot trade. Trade Setup: Entry: Ladder into the trade between $2,850 - $3,050. Take Profit: Set profit targets at $3,400 - $3,700 and the next resistance area at $4,100 - $4,350. Stop Loss: Place the stop loss just below $2,800 to manage...
Not financial advice. NASDAQ:RIVN Still having problems trying to break this downtrend channel, gap in the purple line. Like and subscribe for more study ideas. Thanks.
Stgusdt is currently traversing a potential rising channel, as evidenced by price rebounding from the lower trendline. Concurrently, the formation of an inverse head and shoulders (ISHS) pattern further bolsters the potential for an upward rally. The buyback opportunity is positioned near the neckline zone, with a designated stop-loss level provided for risk...
i am looking at selling nas100 today given that i am already looking for lower prices
Not Financial advice. NASDAQ:MRVL Inside broadening formation it looks like bears are in control will possible go to fill gap in purple area. Like and subscribe for more study ideas. Thank you.
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.
Hi guys so this is a Macro analysis on Shopify (SHOP). Recent weeks of price action have got my eyes on SHOP. Lets jump right in. This analysis is done on the 1 week timeframe thus supporting a Macro lens look on whats happening. As you can see, ive highlighted key area with an Orange rectangle. Below it, you can see candles attempting to get into it and...
Albemarle Corp has been in an Elliott steep ABC correction all the way down from ATH 335 and might have bottomed at 106 forming a cypher like pattern with: AB = .5 of XA, C extended 1.18 of XA & CD retraced .798 of XC, while this is a minor deviation from a classic cypher .786 (due to a wild wick of a red candle on a day when they announced shareholder dilution)...
MOLDTECH, currently valued at ~600cr, is a micro-cap company trading at a resonable PE of 21.9 The sales growth stands at 47% and profit growth is at 120% Technically the chart is looking bullish with the recent uptrend, however, I would like to see it trade above 235 for confirmation Here's the trade Buy @ 235 Stoploss @ 200 Target @ 400
Chiliz (CHZ) is one of my favourite coins which I choose to invest in. I like this project because they are the best when it comes to connection between football and crypto.. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3 and 4 very soon, that could be year(s). I will sell most of my capital on targets 2 and 3. Small...
Golden crossover round bottom format volume growth RSI above 60 daily / weekly / monthly EMA in line 21 / 50 /200 Resistance 618 Support 495 Expected level
Alignment and partial compression of multitimeframe fibo clouds signal an increase in the probability of reaching the first target. The final target is a possible bonus with a risk-return ratio of 3. Risk management with realization of the first target and moving the stop loss is an indispensable part of this operation.
Expecting price to reach the next figure level from this point, with the entry area being a strong support.
Cardano (ADA) is one of my favourite coins which I choose to invest in. This is trade (investment) setup on larger timeframe. If you never bought ADA before it is still not late. I am not looking to reach targets 2,3,4 very soon, that could be year(s). I will sell most of my capital on targets 2,3. Small portion will be sold on Target 1 and hopefully on Target...
This is my personal view Voltas stock was formed Rounding pattern previously . Now it takes retest clearly
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.