*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been analyzing gold and silver company Comstock Mining $LODE for...
The eth price chart shows a large triangle that is ascending and is now ready to break from the upper side. According to the law of triangle pattern, after breaking our target is in the upper range of 6000 .
This analysis is a long-term analysis .
in the daily time form.
Instead of consolidating into the bull flag that was forming, ADA was prematurely pushed upwards to test the all time high. Due to the lack of consolidation, the buyers were exhausted, sellers entered the market and punished the premature price move. This is something I had warned about previously. However, it is not the end of the world. ADA will fall back to the...
When we want to see the health of price movement, it is important to look at all of the time ranges available to us. Overall, ADA looks like a typical upward trending price. We have a pullback in the range of nearly 50% and bullish momentum following the push. This is a textbook upward trend. However, we can see the bullish engulfing that occurred previously was...
ADA is having mixed emotions right now. It had a fall to the 200MA, which held it for a couple hours, then passed through. Now, with the help of the support around 2.5 and a bullish hammer, it is retesting the 200MA. If it can stay above 2.45 there is a large chance it can consolidate further. If it falls in the red range, the price is likely bound for the next...
So, ADA has been confused as of late. We have seen 2 bullish patterns break to the downside recently which tell me people want to get in at a better price point. There was a lot of consolidation and though we have 3 lower highs, we don't have the retracement necessary to confirm the trend. This tells me we are just looking at a pullback. Overall, I believe the...
NSE:SAIL
Triangle pattern observed in SAIL since 70 days now, upper resistance tested 4 times now, this consolidation came after a bull run of 70% Increase in the share price, if it breaks we can see a good shoot up.
Bitcoin - Wyckoff Events and Phases - Accumulation Schematic
This Wyckoff accumulation pattern seems to be playing out nicely.
More information on this Wyckoff and this pattern here:
school.stockcharts.com
Let me know what you think of this pattern and if you tink it will play out. 👍
ADA/BUSD
This is the yearly chart with 4h candles. Very quickly I noticed a few significant pumps followed by a descending curve. Even the latest big correction we had has followed this pattern to a certain degree.
Basically, the price pumps around 40% on average and then starts slowly falling again. I noticed that all of those curves have three significant lows...
TA explained
YFII created this huge W-formation. It seem to have completed the pullback of the latest impulsive move and ready to go for a retest of previous top and surpass it for higher targets
Trade setup
Best entries: 1994 - 2292
TP1: 3199
TP2: 3994
TP3: 4903
TP4: 5997
SL: 1599
RR: 7.03
Max leverage: 1x
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Do Your Own Research (of course)
Trade at own...
CBRP Possible cup and handle play. price bounce off 200 SMA line. Due to recent cannabis stocks bullishness, theres a high chance price would penetrate 200 SMA line.
The Harmonic Bat is a variation to the Gartley pattern which was developed by Scott Carney. It is considered to be one of the more accurate patterns exhibiting a higher success rate than any other harmonic patterns. The bat pattern might look similar to a Gartley 222 Butterfly pattern but differs only minutely in terms of the Fibonacci ratios between the...
