DDOG looking really attractive here. Came back down to test the support/resistance flip (blue area) and has been tightening in a pennant. Now resting on the 50 and 20 EMAs on the 65min. RSI right at 50 and looking to hold that and maintain strength.
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price a not long time ago bounced from the support line and made an upward impulse to the resistance line of the pennant, thereby breaking the 2055 resistance level, which coincided with the seller zone. After this movement, Gold rebounded from the resistance line...
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price a few days ago made an upward impulse from the resistance level, which coincided with the seller zone to the resistance line of the pennant. After this, the price rebounded from the resistance line and started to decline inside the pennant, where in a short...
Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price a few time ago declined to the 41400 support level, where it turned around and started to rise inside the upward channel. In the channel, BTC rose to a 45400 resistance level, which coincided with the seller zone and soon broke this level. Price rose a...
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it first declined below $2200 support level, which coincided with support area. After this, ETH turned around and in a short time rose to resistance level, thereby breaking $2200 support level. But then price made...
Building upon the analysis conducted yesterday, it is observed that NSE:FSL stock has successfully experienced a breakout upside from the Pennant pattern. Today's price action has confirmed the Pennant pattern breakout, signaling a continuation of the prevailing uptrend. The breakout is characterized by a decisive move above the upper trendline of the Pennant,...
Massive pennant that has formed into triangle due to how long it's been in play. Forming since June, suppressed beyond belief, super bullish play to around 90 cent
GRT is now trading around 0.153. GRT has broken out a falling wedge pattern on 4hr time frame which is a bullish pattern. So the Possible scenario is according to the pattern, we can see bullish momentum in it. Otherwise If the price dumps and trades inside the pattern again, the pattern will become invalid. Stay tuned with us for further updates.
NEAR is now trading around 3.03$. #NEAR Exactly Pumping up after Breaking out falling wedge pattern. Now the Possible scenario is according to the pattern, we can see more bullish momentum in #NEAR. Stay tuned with us for further updates
tata power showing bullish signs as previous weekly gave bullish close and daily RSI showing convergence strength. according to breakout it can reach 475 target.
Uptrend Observation: The first notable aspect of NSE:FSL stock is the sustained uptrend it has displayed over a significant period. This bullish movement is characterized by higher highs and higher lows, indicating a strong buying interest in the market. Identification of Pennant Pattern: A Pennant is a technical analysis pattern that resembles a small...
Hello traders, I want share with you my opinion about Swiss Franc. By observing the chart, we can see that the price started to trades in a downward pennant, where it first rebounded from the resistance line and made a strong downward impulse to the support line, thereby breaking 0.8720 and 0.8490 levels. But after this, CHF at once rebounded from the support line...
Uranium ETF - $SRUFF ✅ 45% increase since entry at 200 day bounce ✅ Pennant Breakout confirmed trend 🎯 Target remains 0.618 Fib Ext at $45.00 ❌ Stop Raised to $26.67 guaranteeing 27% profit (Stop placed here as it is the most recent higher low and should remain intact for short term trend to remains valid) Hope this simplifies the...
The market is trending downwards. It showed momentum to the downside. Entry placed at previous low prior to the show of momentum.
ADA shows a bullish penant on the 1D graph and most of the time when a bullish penant occurs a price can increase up to the first big resistance level which is around $0,67. A price increase of approx. 35%.
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price entered to upward pennant, it at once bounced from support line and rose to $1.0845 level. Soon, Euro broke this level, which coincided with support area, and rose to $1.1005 level, but at once made correction from it. After correction, Euro made a...
High risk reward setup, Looking to short this pair this week.
Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price some time ago declined to support line of the pennant, thereby breaking the support level, which coincided with the buyer zone, but soon XAU rebounded from it and made impulse up to 2050 points, breaking 2005 level one more time. Next, the price made a...