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Potentialpattern

CHR Set to Skyrocket? Potential 43x to 165x Ahead!▍Reason 1: BINANCE:CHRUSDT is perfectly replicating the price structure from the last bull run. You can refer to the points I marked (1-7) in the chart. In the last cycle, point 7 marked the lowest point before the price surged 84x. ▍Reason 2: Since January 2021, CHR has been forming a multi-year symmetrical triangle, and it's now approaching the end of this pattern. According to triangle consolidation theory, this means a major breakout is imminent. Considering that altcoin season is also approaching (I've attached my previous analysis below), CHR is very likely to explode upwards! ▍Price Target Projections: 1. Fibonacci Target (marked in the chart) suggests a target of $6.6, representing a 43x increase from the current price. 2. Triangle Breakout Target (marked in the chart) suggests a potential high of $25, an incredible 165x from the current price! I don’t think this bull run will deliver 100x+ gains, but with this potential, isn’t it worth getting in now? for more future script 'guesses' like this!
CLong
by Harold_123
INFOSYS: Potential stock INFOSYS Cmp 1389-1390 Near support zone 360-380 strong base Near make or break levels Can bounce from the support zone or fall till 1300 Also : I expect the quarter results to be dim too with Marginal growth in the company So : * Buy on strong candle formation * Sell below 1350 after a good close with SL 1360 (Also keep in mind the inverse cup n handle pattern too this makes the selling strong too) Pattern observed- Bearish cup n handle Pattern type- Bearish Note: This is just an idea not any personal recommendation for the stock to buy or sell with me.
NSE:INFY
by Paras_gujjar
1
BTC/USD Wyckoff Accumulation?Could we be in the midst of a Wyckoff Basic Scheme of Accumulation #1 on BTC/USD? One should take note that with how the institutions have been vocally entering Bitcoin, the way the crypto charting and trading game is played is changing. BTC may well have started becoming more classically "textbook" and less sporadic in its cycles. If this is the case I would say this Wyckoff Basic Scheme of Accumulation #1 here would very well be a strategy larger tradfi players are now using to attempt to shake out retail or those less experienced than them to accumulate as much BTC and profit as possible before Bitcoin (dare I say?) inevitably begins its move upwards again. It will be interesting to see if this theory has any substance to it. Let me know if you have any questions here so we may both continue our learning processes and help each other grow!
BITSTAMP:BTCUSD
by Hrempe
7
USD/CHF - Potential Double Bottom Reversal PatternHello Traders!, It seems that the USD may begin to gain back some strength, lets see how the currency plays out until the end of the week! What Is The Market Telling Us? Price has been consoldiating with a 40 pip range between 0.9608 and 0.9648 Market may be looking for BUY orders with having 2 bearish FAKEOUTS to trigger it Bulls have been battling the bears to keep price above the 0.9608 support level Potential double bottom has occured, indicating possible reversal of previous downtrend When Should We Enter? We can enter on the next clear bullish candle that appears above right above the support level This pair is still in a downtrend, so keep your SL tight just incase bearish volatility does come in RISK MANAGEMENT IS KEY!!
Long
by AI_Expert_Advisor
Stellar Lumen (XLM) - Last Wave almost 2000% in 2 months!Hi Guys! Another Monday... well let's start with something interesting. I am sure you encountered problem with sending money abroad. It takes time and a lot of money. Western Union takes 10% fee of the amount transferred. 10% seriously? This is like additional tax! So guys from Stellar decided to do something about it. You can tranfer for example EURO to JPY within a seconds for less than a penny. Seriously. As we tested is it works super fast and very very cheap. Seminglessly. Stellar is aiming to be an open financial system that gives people of all income levels access to low-cost financial services. This multi-currency transaction is possible because of "Anchors". Anchors are trusted entities that hold people’s deposits and can issue credit. In essence, Anchors serves as the bridge between different currencies and the Stellar network. Lumens are the native asset (digital currency) that exist on the Stellar network that helps to facilitate multi-currency transactions and prevent spams. For multi-currency transactions, XLM is the digital intermediary that allows for such a transaction to occur at a low cost. The have a great team (Jed McCaleb as a co-founder) and amazing board member (Matt Mullenweg - founder of Wordpress, Naval Ravikant - Founder of AngelList, Sam Caltman - president of Y Combinator). www.stellar.org They are ranked on coingecko on 10th place overall with 86% regarding developers. They have market cap over 3.5 bln $ ranked again in top 10. So this is very solid project, massively backed by the team. This business is also socialy engaged as they want bank the unbanked part of the people (2 bln in total) who are considered too poor for banks to offer them financial services. This might be the killer within couple of weeks and months. Technical Analysis details: MACD postivie divergence - strong bull's singal Fibonacci Levels: Entry - 0.000002176 - 0.000002885 Target 1: 0.000003614 Target 2: 0.000004499 Target 3: 0.000005218 Target 4: 0.000005918 Target 5: 0.000006902 Target 6: 0.000008192 Stop-loss: 0.000002176 We may go much further than this but we prefer to stay observant. Just to remember you - last wave 2000% in just 2 months. Thanks once again for your likes, interest and comments. You are AWESOME. HUGE GUGS!
XLong
by WBM_Team
2