Stage-1 breakout after 23 months long base with decent volume, stock is undervalued. need to see how this is going to take shape in next 2-3 quarters.
Based on the current market situation and technical analysis, the strategy for gold trend next week can be as follows: 1. Short strategy Since gold has been strong recently and closed above $2414 on Friday, it may rebound to the $2420-2430 range after the opening next week. You can try to short in this range: Opening range: $2420-2430 Stop loss position: set near...
#M_M trading above Resistance of 2202 Next Resistance is at 2948 Support is at 1453.80 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
The Arbitrum Daily Chart underlines that price control was in bears' hand, as it failed to reach previous swing highs and decayed at a constant pace. Also, it has been stumbling below the 20-day EMA. However, the price structure was close to the demand area, where fresh buyers could enter. Moreover, the recent developments are also revving in the arbitrum, which...
FET/USDT situation, focusing on the potential retest levels due to the formation of a bearish divergence. #FET/USDT Analysis: Bearish Divergence Indicates Potential Retest Levels #Bearish Divergence Bearish divergence occurs when the price of an asset makes higher highs, but a technical indicator, such as the Relative Strength Index (RSI), makes lower highs. This...
#NEAR/USDT situation, focusing on the potential retest levels due to the formation of a bearish shark pattern: #NEAR/USDT Analysis: Bearish Shark Pattern Indicates Potential Retest Levels #Bearish Shark Pattern The bearish shark pattern is a harmonic pattern that signals a potential reversal or correction in the price of an asset. This pattern consists of five...
#KIRLOSBROS trading above Resistance of 1586 Next Resistance is at 2039 Support is at 1152 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and...
fot eth you can follow this inverted head and shoulder patter fot eth you can follow this inverted head and shoulder patter fot eth you can follow this inverted head and shoulder patter fot eth you can follow this inverted head and shoulder patter
After consolidation, LTC about to give breakout. Buy LTC 84.4$, t1 88, t2 91, t3 99, t4 110, Strict SL 78.2. Keep booking profits and revising SL's.
Reason for long a) Breakout pull back set up b) volume accumulation c) Support level d) Good engulfing candle e) SL compulsory
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
#ETH/USDT situation, focusing on the potential retest levels due to decreasing volume and the formation of a bearish shark pattern: #ETH/USDT Analysis: Decreasing Volume and Bearish Shark Pattern Indicate Potential Retest Levels ### Decreasing Volume Volume is a crucial indicator of market strength. When the price of an asset rises while the trading volume...
Inverted Head & Shoulder pattern is form in Paras Def. It is 40% down than all time high. on can go long in this script.
A channel breakout is a price pattern that occurs when the price of an asset moves outside of a support or resistance level with increased volume. A channel breakout strategy trades based on whether a symbol breaks out of a channel, which is created using the highest and lowest values for a specified channel length. Also Forming a Rounding Bottom...
Very narrow range movement on friday and saturday. Hope the range will give a break out on monday. Trend deciding level is 22500. Pattern : Support/resistance. Range : Medium. Trend strength : Normal. Buy Above : 22520. Stop Loss : 22480. Targets : 22560, 22600, 22640 and 22680. Sell below : 22400. Stop Loss : 22440. Targets : 22360, 22320 and 22280. Check the...
#LINK/USDT situation, including the potential retest levels and technical indicators: #LINK/USDT Analysis: Bearish Divergence and Decreasing Volume Suggest Potential Retest Levels #Bearish Divergence Bearish divergence occurs when the price of an asset continues to make higher highs, but a technical indicator, such as the Relative Strength Index (RSI), makes...
Darvas box + positive relative strength can turnaround this counter !!
#BTC/USDT Analysis: Bearish Divergence and Decreasing Volume Indicate Potential Retest Levels #Bearish Divergence A bearish divergence occurs when the price of an asset is making higher highs, but the underlying technical indicator (in this case, the Relative Strength Index, or RSI) is making lower highs. This discrepancy suggests that the bullish momentum is...