Traders, it appears CROX have struck the top of its long term channel and have created a double top. Looking for Crox to retest the original breakout, zone 1 of $163.18 then bounce to new highs. Worse case, zone 2, approx $140 - $139 over/under. Trade safe.
MANA have been trading at the bottom of its range since Nov 3rd, momentum is building and its looking ready to turn. Looking for MANA to touch the bottom @ about $4.20, creating a lower high than break thru prior resistance @ $5.20 to the target $7. Trade safe
Breaking out of a t-cup formation, no overhead supply, no telling where it can land. Trade safe.
4855 next target for ETH, based on previous swing lows to swing highs.
Smaller inverted h&s within a larger h&s. if we break the neck line, first target $44 then $60. trade safe
heading back to retest ATH of $64300 and beyond. Downtrend broken, cup formation with a break above pivot of $62400. trade safe
Traders, Timbo here AMD formed a bull flag as of today, however with current market conditions AMD may continue rolling over. If it fails, my next over/under supply zone is $72-88, then we should bounce to retest Aug 4th high of $122.49, which presents a nice R/R trade. If we find momentum, we can immediately head back to challenge old swing highs for a 20% swing...
Traders, I have three possible ideas based on AAPL new high of $157.26. I've drawn a long term trendline of APPL on a lorgarithmic view, as you see, each time it touches the zone it bounces and continues, which equates to exponential growth. Where do we go from here?? I've drawn three possible retest levels. The 21 day EMA, 50 SMA or its long-term trendline....
DE-FI, DE-FI, DE-FI!!!! I absolutely love these break out trends!!!! Sushi broke the up from a down trend, with follow through and good volume. You can swing a 20+ % move from these levels to the top of its range. Not financial advice ☺️
Hey traders, Alchemix is a huge derivatives de-fi play and is beginning to break out. Been in a long tight down trend and broke up to on the 4H, strong volume and MACD cross. Lots of over head to surpass but the R/R is phenomenal if u start averaging-in your position now. What are your thoughts?
Downtrend broken, strong candle, with follow through on huge volume! Need I say more? The bulls are back!!!!
Hey traders, check this chart of Yum brands. Long downward slope, huge volume came in June 25th and a break up today (7/9). I’ve drawn levels I’ve determined could further confirm price strength, back to the top of this range. Let me know your thoughts, appreciate your feedback
Hey traders, noticing a lot of top crypto coins are breaking out of these long down trends. Could we possibly be coming back? Big volume, surpassed previous overhead supply. If we can hold here and pass the initial level drawn out, this would further confirm the new uptrend. Keep an eye out on quality crypto projects. Could be making a comeback!!!!
Breaking up from a long down trend with huge volume. Noticing this sentiment with large cap de-fi coins. Yearn finance is another one. Are we heading into a de-if summer ??