see and watch :) The price is in a very good support range and also in terms of candlestick, a very good pattern has been formed that can be a good stimulus for growth ...
* Okay earnings * Strong up trend since 2019 * Sector: Industrials - Trucking * Relative Strength vs. Sector: 13.48 * Relative Strength vs. SP500: 12.37 * U/D Ratio: 1.21 * Base Depth: 39.33% * Distance from breakout buy point: 0.34% * Volume 24.81% above its 15 day average * Created a base on base pattern * Was trading in a tight range earlier before the...
* Excellent earnings * Very strong up trend on the longer time frame * Breaking out of a 15 month base * Sector: Technology - Software - Application * Relative Strength vs. Sector: 3.81 * Relative Strength vs. SP500: 10.48 * U/D Ratio: 1.95 * Base Depth: 25.82% * Distance from breakout buy point: 1.75% * Volume 13.76% above its 15 day avg. Trade Idea: * You can...
We got a move straight to the top of the long term cloud and then a big retracement towards the top of the short term cloud. This also coincides with the neckline of the previously formed head and shoulders pattern. Places where multiple supports confluence are usualy very good areas to open a trade. I expect the price to go back up to the top of the orange cloud...
The price had a very nice green candle from the 0.618 Fibonacci level on the daily timeframe and from the dynamic support. At the moment the price is testing the old resistance where the price has a supply zone. We could see a rejection until the previous weekly resistance on 40500$. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. ...
The price had a nice bull run until 97$ on 1.13 Fibonacci level. On the daily timeframe, the price lost the 88$ support. on the 4h timeframe, the price could retest the 78$ thee weely support after a retest of the previous daily support now the new resistance around 87-89$ where the price finds the 0.618 Fibonacci level. How to approach? we will expect a retest...
The price got a rejection from 45-46k zone from the weekly resistance and created a double top on in. At the moment the price is testing the last daily support on 38500 before the weekly one on 34k On the 4 timeframe, the price is trying to have a bounce on that area, so we could see a retest on 40k in the next few days –––– Keep in mind. 🟣 Purple structure...
The price got a rejection from the 3k area on the weekly resistance failed to have a breakout from the dynamic daily resistance. After the breakout of the daily support on 2800, the market retest the 4h support as new resistance on 2750$ Now the market is trying to hold the previous daily support. We could see a pullback until the previous 4h resistance around...
The price is testing important daily support on 0.40$ where the price bounced several times in the past. On the 4h timeframe, the price is trying to create a double bottom on it, after a rejection from 0.42$ as new resistance. How to approach? We will expect a pullback until the previous support now new resistance on 0.42$ and 0.5 Fibonacci level. –––– Keep in...
The price is testing the Daily support on the 0.618 Fibonacci level as I told in my previous analysis. We Could see a pullback on the previous 4h support now new resistance around 43k. As you can see the 40k is a key level, if the price is going to lose it and retest as new resistance we could see a bearish impulse until the 34k How to approach? In a short...
The price got a rejection from the weekly resistance on 3050$ and lost the daily support on 2900$ as well. on the 4h timeframe, the price is testing the daily support on 2730$ where the price could get a liquidity for a new pullback on 2800$ How to approach? In the short term, we could see a pullback on the previous support now new resistance. According to...
The price is testing the 4h structures after a rejection from the 4h dynamic resistance. We could see a pullback on previous support now new resistance. How to approach? If the price is going to lose the current support and retest as new resistance According to Plancton's strategy , we can set a nice order the scenario is invalidated if the price is going to...
* Good earnings in the recent quarters * Good up trend in the recent 2 years * High 3-month RS of 34.4 in the Healthcare sector and a RS of 4.0 against the SP500 * UD Ratio of 1.57 meaning it's under accumulation * Has been holding the earnings gap really well during this time * Trading well above the 50 day avg volume Trade Idea: * You can enter now as this is...
CFXUSDT bearish trendline is broken and a pullback is happened. CFX UP UP.
LTOUSDT bearish trendline is broken and a pullback is happened. LTO to the moon.
BADGERUSDT bearish trendline is broken and a pullback is happened. UP UP
Monthly: Price appears to be forming the right shoulder of a H&S pattern. After the previous bearish leg formed, price has failed to break the 0.382 level of the fib retracement. Since price hasn't broken the level, I expect price to go to the downside (support level) to complete the H&S pattern. Weekly: A bearish candle just close. Price is currently bearish...