PagerDuty weekly chart has been forming a multi-year cup and handle. If it can run past that 55-60 range things could get very interesting. This is all, of course, market permitting. Considering the price action and the number of shares being added by ETF funds this could play out very well.
Sharing my idea on KAVA . Expecting it to revisit the red zone. finishing the handle, before setting new all time highs later 2021.
Sometimes I go back through my Kava ideas to track my progress in charting.
Looking at KUCOIN:KCSUSDT . Thinking this has the potential to go parabolic if the market conditions continue - or at the very least set new ath, in the near future.
The way I see it, it can dip back down and retest the diagonal or can have a successful retest here before going higher. This one looks like one of the more promising crypto charts.
Keeping an eye on UNISWAP:VSPWETH for the next few months. This broke out of downtrend recently and has one of the more promising TVL to market cap ratios and the chart looks promising.
Publishing this to track the idea over the next few months.
BINANCE:ORNUSDT formed a higher high, breaking out of down trend. Currently forming a wedge within an inverted head and shoulders. Looks like one revisit to ~7.75, before it joins the fun. Let's see if we get $25 ORN again.
For those who missed the price action last time:
Seeing the SP:SPX start to lose some steam at these valuations. Sharing a general idea of what i see possibly happening over the next three weeks or so. I am going to spare any doomsday scenarios, because as long as the fed is buying treasuries, what's the point.
Considering what's been going on in the chinese tech market HSI:HSTECH , the question is, do...
Ethereum broke out of the broadening bottom, forming a wedge like PA over the last few months. Broke out, now retesting.
I could see this trading sideways and accumulating some, before it ramps up around mid-september. Let's see.
BINANCE:BALUSDT has been on a good trend up this year, going from the low-teens at start of January to nearing $60 start of April. The chart looks prime to continue its ascend. It has a nice rounded base and all re-testing has respected the parabola. Considering the type of project, it is not far-fetched to imagine BAL going on a true parabolic advance similar...
From a technical perspective, BINANCE:FTMUSDT has been a treat to chart.
It accumulated from the fall until January, then went on a crazy, nearly 50x time run.
It looks to be nearing bottom, with multiple trends converging. Long term, I see this getting back to the $1 mark, but for now, I am expecting some interesting price action over the next week or two....
The DXY continues to show strength after bottoming late last year. Expecting this to continue over the next few weeks at least, as we see strength in a number of USD-currency pairings, such as
Idea for USDCNY:
Idea for USDHKD:
The dollar appears to be bottoming vs the yuan and is reversing with some strength. Considering the current trajectory of the DXY, I am thinking this is going to go much higher by the time this is all said and done. I would not be surprised if we see USDCNY > 6.75 by the time this is all said and done.