Here it is clearly shown that there is horizontal Trend line zone area, where the price got couple of times resistance and same area it got support also and now recently price had given good breakout (with good intensity of volume) of that same level now, trend indicator macd in multi time frame is also suggesting positive along with rsi strength in multi time...
KSM/USDT is on trend line which show neutral behavior either break trend line then opening a short position is a good option for profit and if not break the trend line we have a good long opportunity for profit..
Always do your own research before going to trade this is not a financial advice
✅GOLD is stuck above the rising support
And while the price action on the lower timeframes
Is sending mixed signals, there is still a good chance
To see a rebound and a move up on Gold
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Another lovely chart - Lakshmi Machines. At very crucial levels
2018 highs being tested and retested.
Chart looks very attractive and keep an eye on breakout. The stock has moved up very fast and the way id like to look at this stock is look for nice and clean breakout of the top.
So , be patient and look to buy close to the 20 Day Moving Average
As in life, the questions you ask will determine the answers you get when it comes to trading. We live in an age of "instantism" - we have been conditioned to believe that faster is better – faster price executions, faster trading, faster feedback, faster news, faster food, faster everything! And this need for speed has been translated into trading. I know whereof...
Hello everyone. EURGBP has been down for the past few days and violated the control low.
However, if it continues going down, I'll be interested in potential reversal bullish trade as below:
1. On the daily, the previous low might serve as a reversal zone. Set an alert and wait for the price action.
2. On the weekly, the zone of 0.8279-0.8371 looks pretty...
TWTR retraced back to the long term trendline support last week and once again started to bounce off this support. Plus, there are also a confluence of fibonacci retracements right at this suport: 1) the 38% fib retracement of AB swing and 2) 61.8% fib retracement of CD swing.
It is always a good practice to scale one time frame up (ie from day to weekly chart)...
Bitcoin on the daily timeframe seems to have formed a descending triangle and has a fractal playing out from earlier this bull market. I think we could see some further downside in the next coming 1 to 2 weeks or we just see a big bounce from here. September has always been a bearish month for bitcoin in general so this bearish price action was not unexpected. If...
Since the beginning of its existence, every time BTC has broken the all time high of its previous market cycle, it has bounce off the 1.618 Fibonacci level never to return there again. Until this is proven untrue, we have a constant macro time frame pattern.
Good morning traders,
Todays Crypto forecast is for ETH.
Currently we are in a STRONG move up, this momentum will be sucking in new traders and new money each day.
What does this mean? Looking at the current PA we can see a pullback is due and we are right in the target zone of a daily range which has yet to be mitigated.
Currently I am expecting a pullback to...
This idea is based on the presumption that Bitcoin is currently in a repeating 2 peak cycle, with a 1 peak cycle following it. In 2013, we had the first example of this, followed by 2017.
Now, we may have the same pattern happening.
However, I have noticed the time factor has started taking around 1.68x longer.
You can look at the on chain metrics like...
from today's till 12-14 days price goes down 👇
targets price highlighted in chart
lowest-priced be around the September 8th which best time for buying
only for education porpoises
this is not financial advice
From today till Wednesday prices are going down 👇for 10-15 days. best time for buying around September 5th and after that price goes up. those time frames are working for BTC too
first target 2500-2650
second target around 2100
this post just for education purposes
JBL, an electronic components company, is approaching resistance that dates back to more than a decade!
This is huge! When multi year resistances break you can be sure that the stock is going to shoot to the moon.
Looking at the price action on the weekly or even daily, it seems like this may approach or even break above $59.88 in the coming week.
EPRT has been on a steady rise since the crash of March 2020 and now it's challenging the all time highs from February 2020.
* EPRT's expected to deliver a year-over-year increase in earnings
* This may cause the price to go higher and make new all time highs
* EPRT's approaching it's all time highs and is expected to break above...